6 August, 2015 by The TZ Newswire Staff Comments Off on Fertilizers Gone Crazy: CF Industries, Terra Nitrogen
Fertilizers Gone Crazy: CF Industries, Terra Nitrogen
Earnings reports and news of an $8 billion merger drove a volatile session among fertilizer stocks Thursday, just as the group turns up from two years of profit declines. CF Industries (CF) narrowed its early 9% jump to 2% by the close. The Illinois-based nitrogen fertilizer producer reported mixed Q2 results late Wednesday, with revenue falling a wider-than-expected 11%.
6 August, 2015 by The TZ Newswire Staff Comments Off on The Margin: S&P rates the monarchs: Queen Elizabeth comes in first and last
The Margin: S&P rates the monarchs: Queen Elizabeth comes in first and last
Meanwhile, the runaway leader for debt issuance is Japan’s Emperor Akihito.
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6 August, 2015 by The TZ Newswire Staff Comments Off on Heads up for NZD traders – Fonterra announcement expected today
Heads up for NZD traders – Fonterra announcement expected today
A heads up for traders of the New Zealand dollar today … Fonterra is expected to announce its farmgate milk price for 2015/16 today
– A big reduction in price is expected
more to come
6 August, 2015 by The TZ Newswire Staff Comments Off on Preview and … "What time is the Bank of Japan announcement due today?"
Preview and … "What time is the Bank of Japan announcement due today?"
A preview for the BOJ meeting – Its Super Friday!
OK, yeah, I just made that up, but why should the Bank of England get all the super fun? And, if its gonna be a Super Thursday, why squander it on a fizzer?
6 August, 2015 by The TZ Newswire Staff Comments Off on Wall Street slumps as media stocks hemorrhage
Wall Street slumps as media stocks hemorrhage
Wall Street fell on Thursday as biotech stocks sank and as fears that more viewers are ditching cable TV sent media companies’ shares sharply lower.
6 August, 2015 by The TZ Newswire Staff Comments Off on China’s ‘CEO monk’ at center of corruption investigation
China’s ‘CEO monk’ at center of corruption investigation
Shi Yongxin runs the ancient Shaolin Temple in the Henan province of China. In his 16 years as master, he has relied on commercialization to spread his culture and Buddhist beliefs. But now he’s under investigation on several sordid claims of corruption.
6 August, 2015 by The TZ Newswire Staff Comments Off on US companies may be hiring but lid on wages, investment hits productivity
US companies may be hiring but lid on wages, investment hits productivity
As the Federal Reserve puzzles over what is holding back U.S. wages and productivity six years into the economic recovery, a pasta sauce company in New Jersey may offer some answers. Chelten CEO Steve Dabrow says factory work is becoming a harder sell with unemployment down at a seven-year low of 5.3 percent. The Bridgeport, New Jersey, company, which hired 60 people just last year, is not bidding up wages much for anyone save those with very specialist skills because, for now at least, it still manages to fill the vacancies.