6 July, 2016 by The TZ Newswire Staff Comments Off on Can Vertex Pharmaceuticals Incorporated Bounce Back From Its 28.9% Drop?
Can Vertex Pharmaceuticals Incorporated Bounce Back From Its 28.9% Drop?
Image source: Vertex Pharmaceuticals.
What: So far, 2016 has been pretty rough on investors in Vertex Pharmaceuticals (NASDAQ: VRTX). Shares of the cystic fibrosis (CF) leader have fallen drastically in the first half of the year, down more than 29% according to data from S&P Global Market Intelligence.
6 July, 2016 by The TZ Newswire Staff Comments Off on Commodities Corner: Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
Commodities Corner: Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
Analysts say the rally in precious metals could lift silver prices above $25 an ounce, but urge caution over the potential for a near-term retreat.
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6 July, 2016 by The TZ Newswire Staff Comments Off on Wall Street scion Caspersen to plead guilty to fraud
Wall Street scion Caspersen to plead guilty to fraud
Andrew Caspersen is set to plead guilty to federal charges that he defrauded friends, family and a charitable foundation of millions of dollars, after his lawyer said the Wall Street scion was done…
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6 July, 2016 by The TZ Newswire Staff Comments Off on Short seller Chanos says Tesla sure does remind him of Valeant
Short seller Chanos says Tesla sure does remind him of Valeant
The flight of executives from Tesla Motors reminds one shrewd investor of the shakeups that preceded Valeant’s plummet.
6 July, 2016 by The TZ Newswire Staff Comments Off on Why Alaska Air Group, Inc. Stock Fell 12% in June
Why Alaska Air Group, Inc. Stock Fell 12% in June
What: June was a bad month for airline stocks due to ongoing worries about business travel demand, and the shock of Brexit. Alaska Airlines doesn’t even fly to the U.K. — or anywhere else in Europe — yet shares of its parent Alaska Air Group (NYSE: ALK) plunged 12% last month, according to data from S&P Global Market Intelligence.
6 July, 2016 by The TZ Newswire Staff Comments Off on Brexit is even hitting NYC luxury real estate, broker says
Brexit is even hitting NYC luxury real estate, broker says
Brexit has affected the New York City luxury real estate market, said broker John Gomes of Douglas Elliman.
6 July, 2016 by The TZ Newswire Staff Comments Off on Forex technical analysis: AUDNZD makes a break for it. Well sort of…
Forex technical analysis: AUDNZD makes a break for it. Well sort of…
A could more hurdles to more freedom, but they are tough ones
I was scanning through some charts and the AUDNZD has some interesting technical dynamics. The pair today is up rather nicely – breaking above the 100 bar MA on the 4-hour chart and the June 24th high at 1.0532. The pair also moved above a couple of topside trend lines that cut across at 1.0510 and 1.0539 respectively (that are the current values). That is the bullish breaking news.