4 August, 2015 by The TZ Newswire Staff Comments Off on 3 Key Takeaways From Sempra Energy’s Earnings
3 Key Takeaways From Sempra Energy’s Earnings
A 9% boost in earnings that solidly beat analyst expectations wasn’t even enough to move Sempra Energy’s share price following its quarterly earnings release.
4 August, 2015 by The TZ Newswire Staff Comments Off on Travelers Companies announces new CEO
Travelers Companies announces new CEO
Travelers Companies announced on Tuesday that Alan D. Schnitzer will succeed Jay S.Fishman as CEO effective Dec. 1 of this year.
4 August, 2015 by The TZ Newswire Staff Comments Off on Stocks Bleed More Red; Apple Weak Again, Suppliers Hit Too
Stocks Bleed More Red; Apple Weak Again, Suppliers Hit Too
Major averages edged lower Tuesday in a mostly quiet session. The Dow Jones industrial average lost 0.3%, while the S&P 500 and Nasdaq eased 0.2% each. Preliminary data showed NYSE and Nasdaq volume coming in very close to Monday’s levels. Declining stocks only had a slight edge over advancers on both exchanges in the stock market today. The Nasdaq’s advance/decline line has been in a downtrend since late June.
4 August, 2015 by The TZ Newswire Staff Comments Off on Bond Report: Treasury prices snap three-day winning streak
Bond Report: Treasury prices snap three-day winning streak
Treasury prices decline Tuesday as a rebound in oil prices leads the Treasury market to give back some of the gains scored on Monday.
4 August, 2015 by The TZ Newswire Staff Comments Off on Etsy tumbles 14% despite beating estimates
Etsy tumbles 14% despite beating estimates
Etsy shares plunged as the company warned that currency rates could negatively impact Q3 growth.
4 August, 2015 by The TZ Newswire Staff Comments Off on NZD – Westpac says it expects Fonterra to cut 15/16 milk payout to $NZ3.70
NZD – Westpac says it expects Fonterra to cut 15/16 milk payout to $NZ3.70
Bloomberg with the headline
Follows (yeah, that’s how they spell it … spacesbetweenwordsareso5minutesago, you know?) auction.
more declines in dairy prices overnight at the GlobalDairyTrade
Note – the Fonterra board meeting is scheduled for August 7, revisions to the payout are expected at this meeting (current payout figure is at $5.25/mskg)
4 August, 2015 by The TZ Newswire Staff Comments Off on Retail investors try to pick oil bottom and fail
Retail investors try to pick oil bottom and fail
Retail investors appear to have doubled down on oil as prices for the commodity approach a six-year low.