30 November, 2015 by The TZ Newswire Staff Comments Off on Senate calls hearing in Anheuser-Busch InBev mega beer deal
Senate calls hearing in Anheuser-Busch InBev mega beer deal
Anheuser-Busch InBev’s bid to buy its biggest rival, SABMiller, will be the subject of a U.S. Senate hearing next week, the Senate Judiciary Committee said on Monday. AB InBev, whose takeover of SABMiller would be one of the largest mergers in corporate history, formally announced early in November that it would buy SABMiller for $106 billion. The hearing will be held by the Judiciary Committee’s antitrust subcommittee on Dec. 8, the committee said in a brief statement.
30 November, 2015 by The TZ Newswire Staff Comments Off on The Great Divide: How markets are shaping up ahead of Fed, ECB
The Great Divide: How markets are shaping up ahead of Fed, ECB
The U.S. Federal Reserve and European Central Bank are expected to deliver sharply contrasting policy decisions next month, reflecting how the world’s two largest economies have moved from the Great Recession to the Great Divide. The U.S. and euro zone central banks have been on a similar path of monetary easing since the financial and economic crisis of 2007-09. The dollar and short-term U.S. bond yields have soared, while the euro and short-term euro zone bond yields have plunged.
30 November, 2015 by The TZ Newswire Staff Comments Off on American Airlines, union reach deal to hike gate agents’ pay
American Airlines, union reach deal to hike gate agents’ pay
American Airlines Group Inc said that members of the association representing its reservations and gate agents had approved a new five-year contract that includes “immediate and significant pay raises.” …
30 November, 2015 by The TZ Newswire Staff Comments Off on Layoffs Watch ’15: Morgan Stanley To Part Ways With 25% Of Fixed-Income Employees
Layoffs Watch ’15: Morgan Stanley To Part Ways With 25% Of Fixed-Income Employees
30 November, 2015 by The TZ Newswire Staff Comments Off on Crude Oil Caps Biggest Monthly Loss Since July
Crude Oil Caps Biggest Monthly Loss Since July
Oil capped its largest monthly loss since July as the Organization of Petroleum Exporting Countries prepares to meet in Vienna this week. Futures fell 11% this month. Iran expects no major decisions that would change OPEC’s output target when the group gathers Dec. 4 in Vienna, Oil Minister Bijan Namdar Zanganeh said Saturday at a conference in Tehran.
30 November, 2015 by The TZ Newswire Staff Comments Off on Hot New Issue LGI Homes Turns Renters Into Homebuyers
Hot New Issue LGI Homes Turns Renters Into Homebuyers
The devil is in the details when analyzing a base. LGI Homes (LGIH), a member of Monday’s Sector Leaders screen, has been consolidating gains above its 10-week moving average after a powerful breakout in August. At first glance, it appears to be carving a flat base. The base is long enough, just over five weeks, but the correction from the high in the base (33.87) to the low in the base (27.38) is 19%.
30 November, 2015 by The TZ Newswire Staff Comments Off on After-hours buzz: Mattress Firm, El Pollo Loco & more
After-hours buzz: Mattress Firm, El Pollo Loco & more
Check out the companies making headlines after the bell Monday: Mattress Firm, El Pollo Loco & more.