14 October, 2015 by The TZ Newswire Staff Comments Off on Wells Fargo’s earnings edge up 1 percent to $5.4 billion
Wells Fargo’s earnings edge up 1 percent to $5.4 billion
Wells Fargo reported a slight gain in third-quarter earnings on Wednesday, helped by an increase in borrowing from consumers and businesses. The San Francisco-based bank earned $5.44 billion after payments …
14 October, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart stock plunges after profit warning
Wal-Mart stock plunges after profit warning
Wal-Mart stock had its biggest one-day drop in nearly three decades after the world’s largest retailer said it’s bracing for its profit to take a hit as it works to fend off competition. The company is …
14 October, 2015 by The TZ Newswire Staff Comments Off on Traders searching out good news in data, earnings
Traders searching out good news in data, earnings
Earnings season has started off with weak corporate commentaries, despite that most companies are beating on the bottom line.
14 October, 2015 by The TZ Newswire Staff Comments Off on Cramer: Wal-Mart took the fluff out of the market
Cramer: Wal-Mart took the fluff out of the market
Jim Cramer weighs in on what Wal-Mart’s stock decline means to the American consumer.
14 October, 2015 by The TZ Newswire Staff Comments Off on "China Has No Reason To Rush To The Frontlines": Beijing Denies Syria "Rumors"
"China Has No Reason To Rush To The Frontlines": Beijing Denies Syria "Rumors"
In the weeks since Moscow joined the fight in Syria, in the process lending Iran’s ground troops a rather powerful hand in the form of airstrikes by the Russian air force juggernaut, there have been two questions on everyone’s mind, i) how would Washington respond?, and ii) will China get involved?
14 October, 2015 by The TZ Newswire Staff Comments Off on Traders Wonder About Interest Rates; Retail Stagnates
Traders Wonder About Interest Rates; Retail Stagnates
Treasuries traders were first banking on September for the Federal Reserve to raise interest rates. Then they turned their focus to December. Now even March is looking like a tossup. The drumbeat of weaker-than-forecast global economic data continued Wednesday as September U.S. retail sales only matched analysts’ expectations, according to Econoday, and sales in August were revised downward — from up 0.2% to flat.
14 October, 2015 by The TZ Newswire Staff Comments Off on Oct 15 – US 10-year yields fall below 2% amid weak economic data
Oct 15 – US 10-year yields fall below 2% amid weak economic data
EMOTION MOVING MARKETS NOW: 35/100 FEAR
PREVIOUS CLOSE: 38/100 FEAR
ONE WEEK AGO: 37/100 FEAR
ONE MONTH AGO: 13/100 EXTREME FEAR
ONE YEAR AGO: 2/100 EXTREME FEAR