14 October, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices seesaw as market frets about growing U.S. stockpiles
Futures Movers: Oil prices seesaw as market frets about growing U.S. stockpiles
concerns about expanding U.S.
14 October, 2015 by The TZ Newswire Staff Comments Off on Rusal President: Worse to come for Russian economy
Rusal President: Worse to come for Russian economy
14 October, 2015 by The TZ Newswire Staff Comments Off on Barclays says RBA rate cut to offset Australian banks’ tightening is no sure thing
Barclays says RBA rate cut to offset Australian banks’ tightening is no sure thing
Client note released today
– RBA won’t “mechanically” offset mortgage-rate increases if major local banks follow Westpac’s lead
– central bank has already factored in 10-15 bps for the cost of funds and was expecting some price adjustment
Eamonn had on Westpac’s rate hike and I followed up with who added another RBA rate cut to their 2016 forecast
14 October, 2015 by The TZ Newswire Staff Comments Off on Government Corruption Tops List of Americans’ Fears
Government Corruption Tops List of Americans’ Fears
Time reports:
Corruption of government officials is currently Americans’ number one fear, according to a recent survey by researchers at Chapman University.
14 October, 2015 by The TZ Newswire Staff Comments Off on Michael Lewitt: Beginning Stages of a Bear Market; Talk of Negative Interest Rates Point to Increasingly Desperate Situation
Michael Lewitt: Beginning Stages of a Bear Market; Talk of Negative Interest Rates Point to Increasingly Desperate Situation
In a follow-up interview on Thursday, Lewitt noted that recent comments by Fed officials of possibly “going negative” in the US show how desperate the situation has become with growth weakening in the US, a global economy in trouble, and a whole host of geopolitical problems brewing overseas, he said.
14 October, 2015 by The TZ Newswire Staff Comments Off on Netflix, Inc. Cools Down in the Summer Quarter
Netflix, Inc. Cools Down in the Summer Quarter
Some aspects of the streaming video expert’s third quarter report looked very good, but domestic growth was a disappointment.
14 October, 2015 by The TZ Newswire Staff Comments Off on Netflix blames weak U.S subscriber adds on new chip-based cards
Netflix blames weak U.S subscriber adds on new chip-based cards
Shares of Netflix, known for its original shows such as “House of Cards” and “Orange is the New Black”, plunged about 15 percent after the bell, before clawing back to trade down 2.4 percent. For Netflix, the switch meant that many of the older cards on its file no longer worked as the companies gave new cards to their customers, leading to “involuntary churn,” as Chief Executive Reed Hastings put it in a letter to shareholders. FBR Capital Markets analyst Barton Crockett said the issue around the chip cards is particularly confusing, given that these cards have been around for a bit.