24 June, 2016 by The TZ Newswire Staff Comments Off on 3 Reasons Why Fitbit Will Bounce Back
3 Reasons Why Fitbit Will Bounce Back
Image source: Fitbit.
Retail sales may be slowing for Fitbit‘s (NYSE: FIT) latest products, but it’s not the end of the world for investors of the leading player in wearable fitness gadgetry. Fitbit stock took a 5% hit on Wednesday after Raymond James analyst Tavis McCourt warned of weak sell-through trends in June.
However, by Thursday it had made most of those gains back. Let’s look at a few of the reasons why the initial fears from McCourt’s report were overblown.
24 June, 2016 by The TZ Newswire Staff Comments Off on What Is the Social Security Tax Rate?
What Is the Social Security Tax Rate?
Image source: Getty Images.
Social Security tax is one part of the Federal Insurance Contribution Act (FICA) tax, and it is assessed at a rate of 12.4%. This is split evenly between the employee and employer, and it applies to earned income up to $118,500 for 2016 — resulting in a maximum Social Security tax of $14,694.
24 June, 2016 by The TZ Newswire Staff Comments Off on The Coming Layoff Wave
The Coming Layoff Wave
When the Obama administration passed updated overtime regulations, labor activists and not a small number of economists praised the rules as a blow struck solidly in favor of the working middle class. However, the National Retail Federation is now taking up the opposite perspective — that of one where increased overtime will leave retailers with little recourse.
24 June, 2016 by The TZ Newswire Staff Comments Off on NewsWatch: ‘Panic’ and ‘bloodbath’ — analysts react to U.K.’s decision to Brexit
NewsWatch: ‘Panic’ and ‘bloodbath’ — analysts react to U.K.’s decision to Brexit
There’s a sense of shock in the City of London Friday morning after the U.K.
24 June, 2016 by The TZ Newswire Staff Comments Off on Assessing Asset Bubbles: Microsoft in 2001 vs. Today (MSFT)
Assessing Asset Bubbles: Microsoft in 2001 vs. Today (MSFT)
Understand the inner working of high-multiple stocks such as Microsoft, especially how earnings may play a role in the change of a stock’s multiple.
24 June, 2016 by The TZ Newswire Staff Comments Off on Here’s what companies had to say in their first reactions to Brexit
Here’s what companies had to say in their first reactions to Brexit
Companies are issuing statements about the United Kingdom’s decision to leave the European Union. Here’s the latest list.
24 June, 2016 by The TZ Newswire Staff Comments Off on What investors should be thinking right now
What investors should be thinking right now
Traders are selling first and asking questions after. What should investors be thinking? The Reformed Broker reports.