4 January, 2016 by The TZ Newswire Staff Comments Off on Why ConocoPhillips’ Stock Plunged 14.5% in December
Why ConocoPhillips’ Stock Plunged 14.5% in December
Oil prices, credit worries, asset sales, and a capex cut put pressure on the oil giant’s stock last month.
4 January, 2016 by The TZ Newswire Staff Comments Off on NYC’s Chick-fil-A closed (Blame the flies!)
NYC’s Chick-fil-A closed (Blame the flies!)
The chain’s eagerly awaited first full-menu Chick-fil-A has been closed for days now.
4 January, 2016 by The TZ Newswire Staff Comments Off on Cramer: Markets to face big test
Cramer: Markets to face big test
U.S. stocks kicked off the year on a negative note, with the three major indexes falling about 2 percent at the open.
4 January, 2016 by The TZ Newswire Staff Comments Off on US stocks on pace for the worst opening day in 84 years
US stocks on pace for the worst opening day in 84 years
S&P 500 down as much as 2.2%
If the market closes around these levels, it will be the worst start since 1932, according to Reuters reporter Jamie McGeever.
4 January, 2016 by The TZ Newswire Staff Comments Off on Bond Report: Treasury prices surge as equity rout sparks flight to quality
Bond Report: Treasury prices surge as equity rout sparks flight to quality
Treasury prices surged Monday, pushing yields to their lowest level since mid December, as a global stock-market rout fueled demand for assets perceived as safe, namely government bonds.
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4 January, 2016 by The TZ Newswire Staff Comments Off on Fitbit Inc. Had A Merry Christmas, But Why Isn’t Its Stock As Jolly?
Fitbit Inc. Had A Merry Christmas, But Why Isn’t Its Stock As Jolly?
Fitbit’s iOS app downloads soar, but are the bulls overlooking its other problems?
4 January, 2016 by The TZ Newswire Staff Comments Off on General Motors invests $500m in Lyft, forms partnership
General Motors invests $500m in Lyft, forms partnership
General Motors Co. and ride-hailing company Lyft Inc. are forming an unprecedented partnership that could help them beat their rivals to the self-driving future. Lyft said Monday that GM invested $500 …