29 September, 2015 by The TZ Newswire Staff Comments Off on Natgas Futures Down For Third Straight Session
Natgas Futures Down For Third Straight Session
Forecasts for waning demand pushed natural gas futures lower for a third straight day. Temperatures may be mostly normal in the eastern half of the U.S. from Oct. 4 through Oct. 13, according to WSI Corp. Gas stockpiles totaled 3.44 trillion cubic feet as of Sept. 18, 4.5% above the five-year average and 15.7% above the year-ago level.
29 September, 2015 by The TZ Newswire Staff Comments Off on The LGI Conundrum Stock: Sell Or Hold?
The LGI Conundrum Stock: Sell Or Hold?
Investors in LGI Homes (LGIH) have a problem, but it’s a good problem to have. Should they lock in a profit around 35%, which would likely be one of their best trades of the year, or should they hold on for the chance to make an even bigger profit? The choice is the result of the eight-week rule.
29 September, 2015 by The TZ Newswire Staff Comments Off on Ralph Lauren stepping down as CEO
Ralph Lauren stepping down as CEO
Stefan Larsson, the former global president of Old Navy, has been named as Ralph Lauren’s replacement, starting in November.
29 September, 2015 by The TZ Newswire Staff Comments Off on Abe adviser Takenaka wants extra budget stimulus, more BOJ easing
Abe adviser Takenaka wants extra budget stimulus, more BOJ easing
Adviser to Japanese PM Abe Heizo Takenaka speaking in an interview, headlines on Bloomberg:
– Says Japan should compile a supplementary budget in Autumn, 5 tln yen
Takenaka is a professor at Keio University and, as noted, an adviser to PM Abe.
29 September, 2015 by The TZ Newswire Staff Comments Off on Stocks End On Mixed Note; Biotechs Weak Again
Stocks End On Mixed Note; Biotechs Weak Again
The stock market tried for a rebound but ended with mixed results after a back-and-forth session Tuesday. The Nasdaq ended down 0.6% after being up more than 1% intraday. It fell for a sixth straight session, matching its late-August losing streak. Biotechs were again an area of weakness, after an initial bounce. IBD’s Medical-Biomed/Biotech industry group lost 2.8%. Software stocks also came under pressure. The S&P 500 rose 0.1%.
29 September, 2015 by The TZ Newswire Staff Comments Off on NewsWatch: Sept. 30 is historically the worst day of the year for stock-market investors
NewsWatch: Sept. 30 is historically the worst day of the year for stock-market investors
September’s reputation for being a dismal month for stocks is likely to come into focus again on Wednesday as historical data suggest that Sept.
29 September, 2015 by The TZ Newswire Staff Comments Off on Australian press: ‘HSBC turns off loan tap for investment property’
Australian press: ‘HSBC turns off loan tap for investment property’
HSBC here in Australia has reduced its property lending in keeping with its “regulatory obligations to keep investor home loan growth below 10 per cent per annum”