The Traderszone Network

7 April, 2016 by The TZ Newswire Staff Comments Off on Why Abiomed Shares Jumped 13% in March

Why Abiomed Shares Jumped 13% in March

An FDA approval could lead to greater use of its Impella heart pumps.

7 April, 2016 by The TZ Newswire Staff Comments Off on Why Shares of Boyd Gaming Corporation Jumped 19% in March

Why Shares of Boyd Gaming Corporation Jumped 19% in March

Growth in the Nevada gaming market should help Boyd Gaming in 2016.

7 April, 2016 by The TZ Newswire Staff Comments Off on Three Industry Titans Launch the Marketplace Lending Association

Three Industry Titans Launch the Marketplace Lending Association

Marketplace Lending Association logo

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7 April, 2016 by The TZ Newswire Staff Comments Off on Valeant Lenders Agree To Amend Credit Facility

Valeant Lenders Agree To Amend Credit Facility

Three days ago, the latest catalyst to weigh down Valeant stock was news that the company’s lenders were pushing back on its demands to obtain a default waiver and to loosen restrictions on its negative debt covenants.  It appears, however, that that issue has been resolved, and as the company reported moments ago in a press release on its website, VEX “has obtained the requisite lender approval for the amendment and waiver to its credit facility.  The Company expe

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7 April, 2016 by The TZ Newswire Staff Comments Off on The strongest and weakest currencies as NA traders enter for the day

The strongest and weakest currencies as NA traders enter for the day

April 7, 2016: The strongest is the JPY. The weakest is the AUD
The JPY is the strongest currency today (by far – it isnt’ even close). The weakest currency is the AUD.  The JPY has continued its advance vs all the major currency pairs the day after the USDJPY broke and stayed below the 110.00 level.  The market has lost faith in the BOJ ability to jawbone the currency lower. Stocks are also lower which is leading to the Pavlovian reaction to sell all that has a JPY name attached to it.  The AUDJPY is the weakest of the pairs falling by 2.16% on the day.  

7 April, 2016 by The TZ Newswire Staff Comments Off on Early movers: BBBY, AAPL, CAG, MCD, S, VZ & more

Early movers: BBBY, AAPL, CAG, MCD, S, VZ & more

Names on the move ahead of the open.

7 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Valeant convinces loan holders to loosen financial terms

The Wall Street Journal: Valeant convinces loan holders to loosen financial terms

Valeant has bought itself time by convincing loan holders to loosen financial conditions of the loans.
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