18 December, 2015 by The TZ Newswire Staff Comments Off on Instant Analysis: Avon Products Inc. to Sell North American Sales Unit
Instant Analysis: Avon Products Inc. to Sell North American Sales Unit
The cosmetics company plans to sell a stake in itself and its domestic operations to a hedge fund, but analysts see it as coming up woefully short.
18 December, 2015 by The TZ Newswire Staff Comments Off on Macom Chips Fuel Performance In Many Industries
Macom Chips Fuel Performance In Many Industries
Macom Technology (MTSI) designs semiconductors used in radio frequency, microwave and millimeterwave applications. It offers 40 product lines with a portfolio of 3,000 standard and custom devices, integrated circuits, multichip modules and complete subsystems.
18 December, 2015 by The TZ Newswire Staff Comments Off on Argentinians Are Now Poorer Than Citizens Of Equatorial Guinea After Massive Devaluation
Argentinians Are Now Poorer Than Citizens Of Equatorial Guinea After Massive Devaluation
On Wednesday evening, Argentina’s FinMin (and former head of global FX research at JP Morgan) Alfonso Prat-Gay abolished currency controls, fulfilling new President Mauricio Macri’s promise to unify the official and black market peso rates.
18 December, 2015 by The TZ Newswire Staff Comments Off on Oil plays the role of Grinch this year
Oil plays the role of Grinch this year
Traders may be robbed of their Santa rally as the stock market’s 2015 performance may come down to the price of oil in the final days of 2015.
18 December, 2015 by The TZ Newswire Staff Comments Off on Alibaba Shopping Sites Most Popular, But JD.com Satisfies
Alibaba Shopping Sites Most Popular, But JD.com Satisfies
A survey this month of 1,500 online shoppers in China by RBC Capital Markets found that Tmall & Taobao — both online shopping sites run by Alibaba Group Holding (BABA) ran a clear first and second place (earning response rates of 77% and 74%, respectively), well ahead of the No. 3 contender, JD.Com (JD) (with a 54% rating), and Amazon.com (AMZN) (26%). Some 70% of those consumers felt that Taobao offered the lowest prices.
18 December, 2015 by The TZ Newswire Staff Comments Off on HFZ to replace hotel plan with office at Chelsea megaproject
HFZ to replace hotel plan with office at Chelsea megaproject
18 December, 2015 by The TZ Newswire Staff Comments Off on Sell-Off In Stock Indexes Deepens; Uptrend Now Under Pressure
Sell-Off In Stock Indexes Deepens; Uptrend Now Under Pressure
Stocks stumbled further south Friday as the indexes failed to find support at any of the usual places. The Nasdaq lost 1.6%, while the S&P 500 and the Dow Jones industrial average chopped off 1.8% and 2.1%, respectively. The IBD 50 skidded 1.5%. Volume rose on both major exchanges. Friday was an options and futures expiration day, which usually boosts volume.