28 February, 2016 by The TZ Newswire Staff Comments Off on How to Calculate Price-Weighted Average for Stocks
How to Calculate Price-Weighted Average for Stocks
A price-weighted average is used to give higher-priced stocks more influence in an index.
28 February, 2016 by The TZ Newswire Staff Comments Off on Valeant CEO Pearson to return effective immediately
Valeant CEO Pearson to return effective immediately
CEO Michael Pearson will return from medical leave while the drugmaker will postpone the release of Q4 results planned for Monday.
28 February, 2016 by The TZ Newswire Staff Comments Off on Takeaways from Japan’s Production, Retail Sales data
Takeaways from Japan’s Production, Retail Sales data
Japanese data today “provide a little hope that the economy may be rebounding after contracting in the final quarter of 2015”
That’s Bloomberg’s ‘takeaway’ from the data earlier:
28 February, 2016 by The TZ Newswire Staff Comments Off on 2016 Tax Exemptions and Deductions: What You Need to Know
2016 Tax Exemptions and Deductions: What You Need to Know
Tax exemptions and deductions save the average taxpayer thousands in tax liability. Here’s a rundown of what they mean to you.
28 February, 2016 by The TZ Newswire Staff Comments Off on China Devalues Most In 8 Weeks, Offshore Yuan Slides To 3-Week Lows
China Devalues Most In 8 Weeks, Offshore Yuan Slides To 3-Week Lows
Following USD strength last week, China has come back to work after the disappointment of the Shanghai non-accord and weakened the Yuan fix by 0.2% – the most since January 7th.
28 February, 2016 by The TZ Newswire Staff Comments Off on China stockmarket opening indications – Shanghai Comp to open down 0.5%
China stockmarket opening indications – Shanghai Comp to open down 0.5%
CSI300 index to open down 0.3%
28 February, 2016 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.5452
People’s Bank of China (PBOC) sets yuan reference rate at 6.5452
Friday’s USD/CNY mid point was set at 6.5338
A fifth consecutive day of weakening, brings the yuan to its weakest (USD/CNY to its highest) since February 3 today