22 August, 2015 by The TZ Newswire Staff Comments Off on Blame Wall Street Dealer Retreat on Lower Risk, Flash Trade
Blame Wall Street Dealer Retreat on Lower Risk, Flash Trade
The rise of high-speed electronic transactions among investors, dealers and proprietary trading firms has probably shrunk bid-ask spreads, according to a blog post from the New York Fed.
22 August, 2015 by The TZ Newswire Staff Comments Off on Stock Selloff Looks Overblown to Three Wall Street Strategists
Stock Selloff Looks Overblown to Three Wall Street Strategists
“The market is going to start looking for the fact that everyone is finished selling. I think that means we’re within days of a low,” says one observer.
22 August, 2015 by The TZ Newswire Staff Comments Off on BioMarin’s Big Bet on Muscular Dystrophy Is Already Paying Off
BioMarin’s Big Bet on Muscular Dystrophy Is Already Paying Off
BioMarin’s drisaperson for DMD has just landed an FDA designation that could net the company a voucher worth hundreds of millions of dollars.
22 August, 2015 by The TZ Newswire Staff Comments Off on Women Over 65 Are Twice As Likely to Live in Poverty
Women Over 65 Are Twice As Likely to Live in Poverty
The gender wage gap persists, and it’s having a detrimental effect on women in retirement.
22 August, 2015 by The TZ Newswire Staff Comments Off on Annuities: Understanding The Good And Bad of This Retirement Income Option
Annuities: Understanding The Good And Bad of This Retirement Income Option
Here’s some basic insight into annuities.
22 August, 2015 by The TZ Newswire Staff Comments Off on Emerging market worries prompt selloff, but bulls remain
Emerging market worries prompt selloff, but bulls remain
The steep selloff that pushed down the benchmark Standard & Poor’s 500 index five percent over three days may say more about the outlook for emerging markets than U.S. companies in the fourth quarter, fund managers and analysts say. China’s economic slowdown, recessions in Latin American countries such as Brazil and Chile, and a breakdown in commodity prices – combined with a thinly-traded market as many investors become more focused on tide charts than trading terminals – are prompting traders to overlook improving U.S.
22 August, 2015 by The TZ Newswire Staff Comments Off on A $25 Billion Hedge Fund Just Made AbbVie One of Its Biggest Bets
A $25 Billion Hedge Fund Just Made AbbVie One of Its Biggest Bets
AbbVie Inc. could end up sidestepping lost sales tied to an expiring patent on Humira in 2017.