10 June, 2016 by The TZ Newswire Staff Comments Off on Why Chesapeake Energy, Dynegy, and Pier 1 Imports Slumped Today
Why Chesapeake Energy, Dynegy, and Pier 1 Imports Slumped Today
Image source: Chesapeake Energy.
Friday brought a bad close to the week for the stock market. Major market benchmarks all lost ground, with the Dow closing the day down 120 points, and the S&P and Nasdaq posting declines of around 1% to 1.25%. General uncertainty about the future direction of a number of financial markets was partly to blame for the downturn, but the energy sector once again received a substantial amount of attention.
10 June, 2016 by The TZ Newswire Staff Comments Off on Steiner plans three retail buildings near Brooklyn Navy Yard
Steiner plans three retail buildings near Brooklyn Navy Yard
Doug Steiner plans to build three new retail buildings as part of the redevelopment of Admiral’s Row in Brooklyn. Steiner, who developed Steiner Studios in the nearby Brooklyn Navy Yard, filed plans on Friday with the Department of Buildings for three properties at 25 Navy Street, 1 Flushing Avenue and 3 Flushing Avenue.
10 June, 2016 by The TZ Newswire Staff Comments Off on ‘Brexit’ will have cascading effect in Europe, US will be safe haven: Trader
‘Brexit’ will have cascading effect in Europe, US will be safe haven: Trader
If Britain exits the EU, investors will turn to U.S. currency, debt markets and equity markets as safe havens, one trader says.
10 June, 2016 by The TZ Newswire Staff Comments Off on An Everyman’s Guide To Understanding Cryptocurrencies
An Everyman’s Guide To Understanding Cryptocurrencies
When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in dollars rose from $454 on May 23 to $590 on June 6th.
10 June, 2016 by The TZ Newswire Staff Comments Off on Will Cryptocurrencies Soar as the Global Economy Falters?
Will Cryptocurrencies Soar as the Global Economy Falters?
Executive Summary
- How will increasing capital controls around the world affect demand for cryptocurrencies?
- The big banks and corporations are embracing the blockchain.
10 June, 2016 by The TZ Newswire Staff Comments Off on Write-Offs: 6.10.16
Write-Offs: 6.10.16
Bill Gross; George Soros; Phil Mickelson; Man takes leopard for casual walk on Russian street; and more.
10 June, 2016 by The TZ Newswire Staff Comments Off on Why Shares of Dynegy Inc Plunged 11% Today
Why Shares of Dynegy Inc Plunged 11% Today
Image source: Getty Images.
What: Shares of utility Dynegy Inc (NYSE: DYN) dropped as much as 11.1% in trading on Friday after being downgraded by an analyst. At 3:10 p.m. EDT shares were still 10.7% lower on the day.