24 February, 2016 by The TZ Newswire Staff Comments Off on Restoration Hardware plummets on prelim earnings
Restoration Hardware plummets on prelim earnings
Shares of Restoration Hardware plummeted after-hours Wednesday after it announced preliminary results well below estimates.
24 February, 2016 by The TZ Newswire Staff Comments Off on Australian Q4 Private Capital Expenditure (Capex) due at 0030GMT
Australian Q4 Private Capital Expenditure (Capex) due at 0030GMT
What preview of Australian Capex data would be complete without mentioning the ‘mining investment boom’ unwind?
The fall in mining investment is not news, its been ongoing for a good few years now, the question is the replacement of this with non-mining related capital expenditure. This has been weak, weaker than expected, and its a concern going forward. Even RBA governor Glenn Stevens, who is otherwise sanguine on the path for the Australian economy (2015 had the highest employment growth in a decade and low inflation, dual mandate … ‘sorted’) is perturbed by low capex:
24 February, 2016 by The TZ Newswire Staff Comments Off on HP earnings fall on ‘tough’ PC and printer markets
HP earnings fall on ‘tough’ PC and printer markets
HP earnings met analysts’ expectations, but revenues in its key segments fell more than Wall Street had anticipated.
24 February, 2016 by The TZ Newswire Staff Comments Off on Bitt Launches Barbados Dollar on Blockchain, Calls for Bitcoin Unity
Bitt Launches Barbados Dollar on Blockchain, Calls for Bitcoin Unity
Bitt has launched a blockchain-based version of the Barbadian dollar it hopes will appeal to the country’s underbanked.
24 February, 2016 by The TZ Newswire Staff Comments Off on RXR Realty working to lend over $500M on new construction
RXR Realty working to lend over $500M on new construction
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24 February, 2016 by The TZ Newswire Staff Comments Off on Who Would Have Guessed Bank Catering To Accused Money Launderers Might Get Caught Up In A Ponzi Scheme?
Who Would Have Guessed Bank Catering To Accused Money Launderers Might Get Caught Up In A Ponzi Scheme?
24 February, 2016 by The TZ Newswire Staff Comments Off on ForexLive Americas FX news wrap: Oil and services spark turnaround
ForexLive Americas FX news wrap: Oil and services spark turnaround
Forex news for US trading on Feb 24, 2016:
Markets:
– WTI crude up 40-cents to $32.32
– S&P 500 up 9 points to 1929
– US 10-year yields up 2.2 bps to 1.745%
Virtually every chart shows a big turnaround in US trading. It came after the weak Markit PMI and a reversal in oil on tighter inventories than suggested by the API report.