The Traderszone Network

18 November, 2015 by The TZ Newswire Staff Comments Off on BHP defends dividend policy, launches Samarco probe

BHP defends dividend policy, launches Samarco probe

BHP chairman Jacques Nasser described 2015 as the “most difficult in our 130 years” but pledged to maintain a solid balance sheet.

18 November, 2015 by The TZ Newswire Staff Comments Off on Japan nationwide department store sales Oct yy +4.2% vs +1.8% prev

Japan nationwide department store sales Oct yy +4.2% vs +1.8% prev

Latest data now out
– Tokyo dept store sales yy +7.4% vs +4.9% prev
Better than previous which will please those at the helm but not a price changer in its own right. One for general filing

18 November, 2015 by The TZ Newswire Staff Comments Off on Starboard urges Yahoo to drop Alibaba spinoff plan: WSJ

Starboard urges Yahoo to drop Alibaba spinoff plan: WSJ

The activist investor instead wants Yahoo to sell its struggling Internet business, the newspaper reported on Wednesday, citing a letter Starboard sent to Yahoo. Starboard supported the sale of Yahoo’s stake of more than $20 billion in Alibaba before the U.S. Internal Revenue Service (IRS) denied Yahoo’s request for a private letter ruling on whether the spinoff would be considered tax free. Yahoo said in September it would proceed with the planned spinoff of its stake in the Chinese e-commerce giant even after the IRS declined its request.

18 November, 2015 by The TZ Newswire Staff Comments Off on Australian law firm files $72-million class action against Volkswagen

Australian law firm files $72-million class action against Volkswagen

Law firm Maurice Blackburn will launch a class action lawsuit on Thursday on behalf of Australian owners of scam-tainted Volkswagen AG (VOWG_p.DE) seeking total damages “well north” of A$100 million ($71.59 million). Volkswagen is embroiled in a global recall scandal, and faces several class action lawsuits, after tests showed that thousands of vehicles had been fitted with devices designed to mask the level of emissions.

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18 November, 2015 by The TZ Newswire Staff Comments Off on Citigroup say commodities are not yet fully pricing in a December rate hike from the FOMC

Citigroup say commodities are not yet fully pricing in a December rate hike from the FOMC

Our friends at Livesquawk reporting
No further detail but the comment follows those from Goldmans on commodity prices that Eamonn posted here

18 November, 2015 by The TZ Newswire Staff Comments Off on Data coming up in this session 19 Nov

Data coming up in this session 19 Nov

Greetings one and all
So, the Fed keep markets guessing and disappoints the bulls but the USD jury remains out as the indications are still for a December hike. While the BOJ shows no signs of easing any time soon

18 November, 2015 by The TZ Newswire Staff Comments Off on Honduras nabs US-bound Syrians with fake Greek passports

Honduras nabs US-bound Syrians with fake Greek passports

Honduran authorities said on Wednesday they had intercepted six Syrian nationals traveling on doctored Greek passports in the past week.