20 August, 2015 by The TZ Newswire Staff Comments Off on Gap profit falls again due to strong dollar, supply delays
Gap profit falls again due to strong dollar, supply delays
A series of fashion misses, particularly in women’s merchandise, have turned shoppers away from the Gap brand toward competitors such as American Eagle Outfitters Inc (AEO.N), Urban Outfitters Inc (URBN.O), H&M, Forever 21 and Inditex’s (ITX.MC) Zara. While Gap does not expect sales to revive at its flagship brand before the holiday season as it had already ordered the merchandise until then, it is closing underperforming stores and trying to bring clothes to stores quicker.
20 August, 2015 by The TZ Newswire Staff Comments Off on Just how bad was Thursday’s market carnage?
Just how bad was Thursday’s market carnage?
For the S&P 500 and the Dow Jones industrial average, Thursday marked the worst day of 2015.
20 August, 2015 by The TZ Newswire Staff Comments Off on Stocks off a percent or so on Thursday … M’eh … this currency lost 25% !
Stocks off a percent or so on Thursday … M’eh … this currency lost 25% !
Yesterday I posted on the news that there was a new addition to the world of floating currencies:
So, hows that working out?
Bad news? Depends on your perspective. Kazakhstan exports just got a whole lot cheaper on the global stage.
20 August, 2015 by The TZ Newswire Staff Comments Off on Slide Show: 5 reasons oil is sliding toward $40 a barrel
Slide Show: 5 reasons oil is sliding toward $40 a barrel
Oil could soon slide below $40 a barrel for the first time since February 2009.
20 August, 2015 by The TZ Newswire Staff Comments Off on S&P 500 Now Underwater YTD As Stocks Thrashed
S&P 500 Now Underwater YTD As Stocks Thrashed
The stock market took a licking Wednesday as investors pulled in their horns over worries about the global economy and uncertainties about when the Federal Reserve would raise interest rates. The major indexes closed at their lows for the day. The Nasdaq slumped 2.8%, while the S&P 500 and the Dow Jones industrial average lost 2.1% in the stock market today. The S&P 500 fell underwater for the year. It’s now down 1.1% year to date.
20 August, 2015 by The TZ Newswire Staff Comments Off on Top protection plays on plunging markets: Traders
Top protection plays on plunging markets: Traders
Traders offered their best plays to hedge against uncertainty as stocks broadly dipped on Thursday.
20 August, 2015 by The TZ Newswire Staff Comments Off on Forex technical analysis: EURJPY floor holds and scoots higher after the close
Forex technical analysis: EURJPY floor holds and scoots higher after the close
Why? Technicals.