9 February, 2016 by The TZ Newswire Staff Comments Off on Asia dips amid smoldering banking sector concerns, yen stands tall
Asia dips amid smoldering banking sector concerns, yen stands tall
Asian stocks dipped early on Wednesday amid smoldering banking sector concerns, particularly banks in Europe, while the safe-haven yen stood atop large gains made overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.2 percent. Japan’s Nikkei (.N225) lost 0.2 percent after sinking 5.4 percent on Tuesday.
9 February, 2016 by The TZ Newswire Staff Comments Off on ESPN casts shadow over ‘Star Wars’ success at Disney
ESPN casts shadow over ‘Star Wars’ success at Disney
Investors nervous about the future prospects for Disney and other older media companies sent its shares down 3.5 percent to $89.21 in after-hours trading. The media networks unit that includes ESPN, the Disney Channels and ABC recorded a 5.6 percent decline in operating income to $1.41 billion. Disney Chief Executive Bob Iger offered a spirited defense of ESPN on a conference call, describing an “uptick” in customers in the last couple months.
9 February, 2016 by The TZ Newswire Staff Comments Off on Exclusive: In boost to self-driving cars, U.S. tells Google computers can qualify as drivers
Exclusive: In boost to self-driving cars, U.S. tells Google computers can qualify as drivers
WASHINGTON/DETROIT (Reuters) – U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads. The National Highway Traffic Safety Administration told Google, a unit of Alphabet Inc (GOOGL.O), of its decision in a previously unreported Feb. 4 letter to the company posted on the agency’s website this week. Google’s self-driving car unit on Nov.
9 February, 2016 by The TZ Newswire Staff Comments Off on Expect Another Steady Quarter From Markel Corporation
Expect Another Steady Quarter From Markel Corporation
Why shareholders have grown to love the specialty insurer’s history of rock-solid, long-term-oriented performance.
9 February, 2016 by The TZ Newswire Staff Comments Off on USD/JPY – BOJ does a ring around to ‘check rates’
USD/JPY – BOJ does a ring around to ‘check rates’
Intervention can take many forms
There’s ‘jawboning’ – talking about a currency to influence the direction
There’s actively going to the market and buying/selling to push the rate and stop a few speculators out (there are different ways of doing this)
9 February, 2016 by The TZ Newswire Staff Comments Off on 3 Biotech Stocks to Buy in a Market Crash
3 Biotech Stocks to Buy in a Market Crash
Gilead Sciences, Celgene Corp, and Regeneron Pharmaceuticals are best-in-class in biotech.
9 February, 2016 by The TZ Newswire Staff Comments Off on Memo for the BOJ – this is the criteria for WHEN to intervene in FX market
Memo for the BOJ – this is the criteria for WHEN to intervene in FX market
The RBNZ have been explicit on what they need to see before intervening in the currency market
It won’t be entirely applicable to the Bank of Japan, for one thing the Reserve Bank of New Zealand is managing relatively (to the BOJ) small FX reserves and don’t have as many bullets.