20 January, 2016 by The TZ Newswire Staff Comments Off on For Apple Inc.’s iPhone, the Transition to OLEDs Can’t Come Soon Enough
For Apple Inc.’s iPhone, the Transition to OLEDs Can’t Come Soon Enough
To stay ahead of the pack, the tech titan needs to adopt this key display technology sooner rather than later.
20 January, 2016 by The TZ Newswire Staff Comments Off on Goldman posts smallest profit in four years; revenues top estimates
Goldman posts smallest profit in four years; revenues top estimates
Like other banks, Goldman has struggled as plummeting oil prices, concerns about China’s economy, and nervousness about the timing and pace of U.S. interest rate increases weighed on credit markets. Goldman, the last of the big U.S. banks to release fourth-quarter earnings, reported a drop in revenue in all but one of its main businesses. The one bright spot was investment banking, which helped the bank beat revenue and profit expectations.
20 January, 2016 by The TZ Newswire Staff Comments Off on Dollar/yen off 1-year low as report show official FX concerns
Dollar/yen off 1-year low as report show official FX concerns
The dollar came off a one-year low against the yen on Thursday after a media report suggested Japanese authorities are anxious about yen strength.
20 January, 2016 by The TZ Newswire Staff Comments Off on Pre-market indications show the Shanghai Comp to open down 1.4%
Pre-market indications show the Shanghai Comp to open down 1.4%
And CSI300 to open down 1.2%
Weaker stock market openings despite the People’s Bank of China’s
Biggest cash injection in 3 years through open market operations
20 January, 2016 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.5585
People’s Bank of China (PBOC) sets yuan reference rate at 6.5585
The People’s Bank of China continues to decline to let the market decide on the CNY rate. Each day they hand down their decision to the hoi polloi
– yesterday’s mid point was set at 6.5578
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20 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Almost all Wal-Mart employees will get a raise next month
The Wall Street Journal: Almost all Wal-Mart employees will get a raise next month
Wal-Mart Stores Inc. will give nearly all its U.S.
20 January, 2016 by The TZ Newswire Staff Comments Off on International Business Machines Corp. and Bank of America Corp Fall on a Wild Day for Stocks
International Business Machines Corp. and Bank of America Corp Fall on a Wild Day for Stocks
Indexes suffered another significant daily loss today, and these two stocks fell even harder after posting fourth-quarter results.