7 May, 2016 by The TZ Newswire Staff Comments Off on What You Need to Know About Baker Hughes and Halliburton Now that the Merger is Off
What You Need to Know About Baker Hughes and Halliburton Now that the Merger is Off
To the surprise of no one, the Halliburton (NYSE: HAL)-Baker Hughes (NYSE: BHI) fusion is officially off, and Halliburton is paying Baker Hughes $3.5 billion in fees as a consequence. Why, then, is Baker Hughes stock seeing a dip, while Halliburton’s is up?
7 May, 2016 by The TZ Newswire Staff Comments Off on China’s Bad Debt Problem Is Much Deeper Than Just Real Estate
China’s Bad Debt Problem Is Much Deeper Than Just Real Estate
Among the bigger financial problems covered in depth on Zero Hedge over the past several years, have been China’s massive amount of newly created credit adding to an already unsustaimable debt load (estimated as high as 350%), its rapidly growing bad debt pile
7 May, 2016 by The TZ Newswire Staff Comments Off on Is Ritchie Bros. Auctioneers Incorporated Stock a Buy Right Now?
Is Ritchie Bros. Auctioneers Incorporated Stock a Buy Right Now?
Image source: Ritchie Bros. Auctioneers.
Ritchie Bros. Auctioneers (NYSE: RBA) stock has had a nice run since mid-January, advancing over 30%. With the heavy-equipment auctioneer just announcing record auction sales in the first quarter, it looks like 2016 could turn out to be another good year for the company. But after that swift share-price advance, is it a buy right now?
7 May, 2016 by The TZ Newswire Staff Comments Off on De-Dollarization Accelerates As Russia Nears Launch Of Ruble-Priced Oil Trading Platform
De-Dollarization Accelerates As Russia Nears Launch Of Ruble-Priced Oil Trading Platform
It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as Vladimir Putin’s “dream” of ruble-based pricing of its domestically-produced oil is on the verge of realization. SPIMEX (The St.
7 May, 2016 by The TZ Newswire Staff Comments Off on If I Claim Social Security at 62, Can I Change My Mind?
If I Claim Social Security at 62, Can I Change My Mind?
7 May, 2016 by The TZ Newswire Staff Comments Off on Progressive Earnings Fall Despite Premium Growth
Progressive Earnings Fall Despite Premium Growth
Insurance company Progressive (NYSE: PGR) has taken been a player in the increasingly competitive auto-insurance industry for a long time. Yet even though the insurer still sees that business as a key part of its growth strategy going forward, Progressive has also made forays into other types of personal insurance coverage as well as building up a modest commercial and property business.
7 May, 2016 by The TZ Newswire Staff Comments Off on Read This Before You Buy Cintas Corporation Stock
Read This Before You Buy Cintas Corporation Stock
Image source: Cintas.
Cintas Corporation (NASDAQ: CTAS) is best known for handling the uniform needs of companies throughout the United States. Boring? Yes. A good business? Sure is! But you need to understand a few things about Cintas before you buy the stock.