28 December, 2015 by The TZ Newswire Staff Comments Off on Barron’s: Asian markets: What to expect in 2016
Barron’s: Asian markets: What to expect in 2016
As we emerge from the holiday blur to rub our eyes and contemplate the year ahead, it’s difficult to find anyone who’s excited about Asian stocks.
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28 December, 2015 by The TZ Newswire Staff Comments Off on ‘The battle against ISIS for Ramadi isn’t over’
‘The battle against ISIS for Ramadi isn’t over’
Washington is hailing Iraq’s recapture of Ramadi from the Islamic State, but it may still be too early to celebrate.
28 December, 2015 by The TZ Newswire Staff Comments Off on Only the fittest commodities shippers will survive 2016
Only the fittest commodities shippers will survive 2016
Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead.
28 December, 2015 by The TZ Newswire Staff Comments Off on Brian Pretti Cautions Investors on Stock Market – Prepare for Any Outcome
Brian Pretti Cautions Investors on Stock Market – Prepare for Any Outcome
For the future of the market it’s all about liquidity. This was a major theme and concept mentioned numerous times in our recent interview with Brian Pretti, Chief Investment Officer at Capital Planning Advisors. He says: “We know full well that the Federal Reserve…
28 December, 2015 by The TZ Newswire Staff Comments Off on Oil prices remain weak as slowing demand adds to high output
Oil prices remain weak as slowing demand adds to high output
Crude oil prices remained under pressure on Tuesday as fears of slowing demand added to worries over near-record global production levels that have slashed prices by two-thirds since the middle of last year. Front-month U.S. West Texas Intermediate (WTI) futures (CLc1) were trading at $36.83 per barrel at 0334 GMT, similar to Monday’s close after a more than 3 percent fall. While global output has been at or near record highs, demand has so far held up, preventing oil prices from falling even lower, but that may be about to change.
28 December, 2015 by The TZ Newswire Staff Comments Off on Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal
Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal
Icahn’s latest bid of $18.50 per share on Monday values Pep Boys at about $1 billion, while Bridgestone’s previous offer of $17 per share valued the company at about $947 million. Pep Boys said that its board has delivered a notice to Bridgestone to terminate their previous agreement. Icahn Enterprises said it would be willing to bid in excess of $18.50 per share for Pep Boys unless Pep Boys increases Bridgestone’s termination fee of $39.5 million.
28 December, 2015 by The TZ Newswire Staff Comments Off on Toshiba says to seek new $2.5 billion credit line for restructuring
Toshiba says to seek new $2.5 billion credit line for restructuring
Toshiba Corp , reeling from a $1.3 billion accounting scandal, said it intends to ask for a new 300 billion yen ($2.49 billion) credit line by the end of January to fund a large-scale restructuring. Toshiba is likely to approach its lenders for the new commitment line, a company spokesman said on Tuesday. The Nikkei financial daily earlier said it would likely seek help from banks including Mizuho Bank and Sumitomo Mitsui Banking Corp.