8 February, 2016 by The TZ Newswire Staff Comments Off on Rich Marin comes under fire for New York Wheel cost overruns
Rich Marin comes under fire for New York Wheel cost overruns
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8 February, 2016 by The TZ Newswire Staff Comments Off on Canada Dec building permits +11.3% vs +6.2% expected
Canada Dec building permits +11.3% vs +6.2% expected
Building permits fell 19.6% in Jan (revised to -19.9%)
The bounce back shows that Canadian housing continues to muddle along.
On Friday, Canadian housing starts were released early and showed at 165.9K vs 187.5K expected. That included the largest drop in the oil-producing prairies housing construction market in 4 years.
8 February, 2016 by The TZ Newswire Staff Comments Off on Oil lender: We assume $40 crude out to 2020
Oil lender: We assume $40 crude out to 2020
Cullen/Frost Bankers’ Dick Evans says his stress test model looks for a $28 per barrel bottom for oil.
8 February, 2016 by The TZ Newswire Staff Comments Off on What Investors Missed in the Stock Market Last Week
What Investors Missed in the Stock Market Last Week
Here are three stocks making big moves thanks to earnings and other news.
8 February, 2016 by The TZ Newswire Staff Comments Off on Greece has to convince lenders that the numbers will add up to reach a surplus
Greece has to convince lenders that the numbers will add up to reach a surplus
Greek finance minister Tsakalotos via Reuters
– Has to convince lenders that the numbers will add up to reach a primary surplus of 3.5% of GDP by 2018
– Expects lenders to return in due course, possibly next week
In reality, most lenders will be more convinced that there are fairies at the bottom of the garden than Greece being able to hit a target
8 February, 2016 by The TZ Newswire Staff Comments Off on World Equities Down on Fed Rate Hike Fears
World Equities Down on Fed Rate Hike Fears
Equity markets around the globe are posting losses Monday morning after Friday’s mixed U.S. jobs report sparked fears of another rate hike by the Federal Reserve.
8 February, 2016 by The TZ Newswire Staff Comments Off on Cognex Corporation’s Earnings Promise Volatility
Cognex Corporation’s Earnings Promise Volatility
The machine vision specialist is expected to report fourth-quarter earnings results soon. Here’s what investors can expect.