4 September, 2015 by The TZ Newswire Staff Comments Off on Bonds Rise On Haven Bid After Unemployment Data
Bonds Rise On Haven Bid After Unemployment Data
Long-term Treasuries rose as investors sought safety from stock-market losses before the U.S. holiday weekend. Two-year notes fell after a Labor Department report showed the unemployment rate hit its lowest level since April 2008, even as the U.S. added fewer jobs than forecast. Long-term bond yields fell in tandem with U.S.
4 September, 2015 by The TZ Newswire Staff Comments Off on Some Leaders Hold Up Well Despite Falling Market
Some Leaders Hold Up Well Despite Falling Market
The market is in a correction, so it’s understandable that many IBD 50 names are trading below their 50-day moving averages. But some are showing strength. As investors search for stocks to buy once the inevitable uptrend comes, they should look for strength. One area for prospecting is the airline industry group, ranked No. 32 as of Friday’s IBD.
4 September, 2015 by The TZ Newswire Staff Comments Off on Little-Known Total System Is Big In E-Payments
Little-Known Total System Is Big In E-Payments
While less known than the credit card giants, Total System Services (TSS) is no small player in the payment processing business. At its analyst day in May, the company said it is the No. 1 third-party processor in North America and China, and No. 2 in Europe. It provides prepaid cards plus cards for payrolls, health savings accounts, employee expenses, loyalty programs and other types of electronic payments.
4 September, 2015 by The TZ Newswire Staff Comments Off on Drug Development Costs, Buyouts Fuel Icon Growth
Drug Development Costs, Buyouts Fuel Icon Growth
Contract research organizations such as Icon (ICLR) are on a fast-growth track, thanks to rising drug development costs. The Ireland-based company provides drug development and clinical testing services to the pharmaceutical, biotech and medical-device industries. Icon has steadily grown via buyouts, acquiring at least one company each year for the past nine years, according to its website.
4 September, 2015 by The TZ Newswire Staff Comments Off on "This Time May Be Different": Desperate Central Banks Set To Dust Off Asia Crisis Playbook, Goldman Warns
"This Time May Be Different": Desperate Central Banks Set To Dust Off Asia Crisis Playbook, Goldman Warns
Early last month, Bloomberg observed that plunging currencies were “handcuffing bankers from Chile to Colombia.” The problem was described as follows:
Central bankers in commodity-dependent Andes economies aren’t even considering interest-rate cuts to revive growth, even as prices for oil, copper and other raw materials collapse.
4 September, 2015 by The TZ Newswire Staff Comments Off on Saudi Arabia reassures on oil prices: Strategist
Saudi Arabia reassures on oil prices: Strategist
Saudi officials say they can deal with low oil and that prices will eventually rebound, according to RBC’s Helima Croft.
4 September, 2015 by The TZ Newswire Staff Comments Off on Airlines Take Flight Again; Ryanair Scores New High
Airlines Take Flight Again; Ryanair Scores New High
Recent market sell-offs haven’t done much to populate the new high list, and it was more of the same Friday as fewer than 10 names made the cut by the close. Another drop in oil prices fueled another of day of outperformance for airline stocks. Ireland-based discount airline Ryanair (RYAAY) added 0.07 to 76.31. The stock continues to show relative strength despite a downgrade last month from Cantor Fitzgerald to hold from buy.