The Traderszone Network

14 January, 2016 by The TZ Newswire Staff Comments Off on Intel profit beats but data center business growth slows

Intel profit beats but data center business growth slows

Intel Corp reported a quarterly profit that beat analysts’ estimates but shares fell on concerns about slowing growth in its highly profitable data center business. The world’s largest chipmaker’s shares …

14 January, 2016 by The TZ Newswire Staff Comments Off on Buffett expands oil bet, buys more Phillips 66

Buffett expands oil bet, buys more Phillips 66

Warren Buffett is expanding his bet on the oil industry, slowly adding to his already large stake in oil refiner Phillips 66 even as crude oil prices have sunk to a 12-year low. From Jan. 4 to Jan. 11, …

14 January, 2016 by The TZ Newswire Staff Comments Off on Exclusive: Saudi Arabia plans new sovereign wealth fund – sources

Exclusive: Saudi Arabia plans new sovereign wealth fund – sources

NEW YORK/DUBAI (Reuters) – Saudi Arabia plans to create a new sovereign fund to manage part of its oil wealth and diversify its investments, and has asked investment banks and consultancies to submit proposals for the project, according to people familiar with the matter. Plunging oil prices have strained Saudi Arabia’s finances. The kingdom’s state budget deficit is at a record high and net foreign assets dived more than $100 billion in 15 months.

14 January, 2016 by The TZ Newswire Staff Comments Off on Trump holds GOP lead ahead of debate: NBC/WSJ poll

Trump holds GOP lead ahead of debate: NBC/WSJ poll

Donald Trump would trail Texas Sen. Ted Cruz if the field were narrowed to just the two men.

14 January, 2016 by The TZ Newswire Staff Comments Off on #OscarsSoWhite: How to fix the problem

#OscarsSoWhite: How to fix the problem

No minorities were nominated in the Oscars’ four acting categories for the second consecutive year. CNNMoney’s Tanzina Vega discusses the lack of diversity in Hollywood.

read more

14 January, 2016 by The TZ Newswire Staff Comments Off on Instant Analysis: Atwood Oceanics Trades Places With Microsemi in S&P Indices

Instant Analysis: Atwood Oceanics Trades Places With Microsemi in S&P Indices

The offshore drilling company will “downshift” to the S&P SmallCap 600 index.

14 January, 2016 by The TZ Newswire Staff Comments Off on ForexLive Americas FX news wrap: BOE holds, Bullard babbles

ForexLive Americas FX news wrap: BOE holds, Bullard babbles

Forex news for US trading on Jan 14, 2016:
– Gold down $19 to $1078
– WTI crude up 73-cents to $31.21
– S&P 500 up 31 points to 1921
– AUD leads, NZD lags
Once again, it wasn’t really a headline driven market. The real debate was whether Bullard had an impact on overall sentiment.