The Traderszone Network

9 May, 2016 by The TZ Newswire Staff Comments Off on Frontrunning: May 9

Frontrunning: May 9

  • China stocks plunge again as hopes for economic recovery fade (Reuters)
  • European Stock Gains Defy China Data That Hurt Metals; Oil Rises (BBG)
  • Yen falls after Tokyo warning (Reuters)
  • Soros Chart Signals BOJ Bond Buying Already Enough to Weaken Yen (read more

9 May, 2016 by The TZ Newswire Staff Comments Off on USDJPY heads higher as stops get triggered

USDJPY heads higher as stops get triggered

The pair is in perky mood still and now posting fresh session highs 9 May 2016
It looks like N American traders are on a stop-hunt as they down their third coffee.

9 May, 2016 by The TZ Newswire Staff Comments Off on EU Cigarette Packaging Law and Menthol Ban Upheld

EU Cigarette Packaging Law and Menthol Ban Upheld

The European Union’s Court of Justice stubbed out a challenge by tobacco giants Philip Morris International (NYSE: PM) and British American Tobacco (NYSEMKT: BTI) to the plain-packaging regulations and menthol-tobacco ban that became law in 2014. The EU’s Tobacco Products Directive requires all cigarette packaging to essentially look alike and requires warnings about the health hazards of smoking to cover two-thirds of the pack.

9 May, 2016 by The TZ Newswire Staff Comments Off on EU Cigarette Packaging Law and Menthol Ban Upheld

EU Cigarette Packaging Law and Menthol Ban Upheld

The European Union’s Court of Justice stubbed out a challenge by tobacco giants Philip Morris International (NYSE: PM) and British American Tobacco (NYSEMKT: BTI) to the plain-packaging regulations and menthol-tobacco ban that became law in 2014. The EU’s Tobacco Products Directive requires all cigarette packaging to essentially look alike and requires warnings about the health hazards of smoking to cover two-thirds of the pack.

9 May, 2016 by The TZ Newswire Staff Comments Off on Lending Club shares tumble after CEO resigns after an internal investigation

Lending Club shares tumble after CEO resigns after an internal investigation

Shares of Lending Club fell more than 15 percent in the premarket after the firm said Renaud Laplanche had resigned.

9 May, 2016 by The TZ Newswire Staff Comments Off on Santoli: Despite what candidates say, Main Street doing just fine vs Wall Street

Santoli: Despite what candidates say, Main Street doing just fine vs Wall Street

Here’s why Main Street is actually doing pretty well compared to Wall Street this year despite the election campaign.

9 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hyundai Heavy Industries to sell $1 billion in assets, cut jobs as orders slump

The Wall Street Journal: Hyundai Heavy Industries to sell $1 billion in assets, cut jobs as orders slump

‘Orders are falling significantly, threatening the fate of the company,’ said the world’s largest shipbuilder
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