6 July, 2016 by The TZ Newswire Staff Comments Off on Midyear Review: Apache Corp. Rises on Oil Prices and M&A Rumors
Midyear Review: Apache Corp. Rises on Oil Prices and M&A Rumors
Image source: Apache Corporation.
This year got off to a brutal start for the oil sector after crude prices slumped into the $20s in January and February. That decline forced Apache (NYSE: APA) to take several actions to reconfigure itself for a lower oil price environment. And now that oil is moving higher, those adjustments are paying off.
6 July, 2016 by The TZ Newswire Staff Comments Off on Brexit chills global M&A as companies struggle with currency, trade uncertainty
Brexit chills global M&A as companies struggle with currency, trade uncertainty
U.K.
6 July, 2016 by The TZ Newswire Staff Comments Off on Why National Retail Properties Is Up 33% in 2016
Why National Retail Properties Is Up 33% in 2016
Image Source: Getty Images
The major REITs specializing in freestanding retail have performed well in 2016, and National Retail Properties (NYSE: NNN) is up over 30% during the first half of the year. While there’s definitely a case to be made that the stock is getting overvalued, there are some good reasons behind the massive upside move.
6 July, 2016 by The TZ Newswire Staff Comments Off on U.S. Airlines Enter Bear Markets (UAL, AAL)
U.S. Airlines Enter Bear Markets (UAL, AAL)
U.S. airline carriers with international exposure could offer excellent short sales after oversold technical readings work out of the system.
6 July, 2016 by The TZ Newswire Staff Comments Off on U.S. Airlines Enter Bear Markets (UAL, AAL)
U.S. Airlines Enter Bear Markets (UAL, AAL)
U.S. airline carriers with international exposure could offer excellent short sales after oversold technical readings work out of the system.
6 July, 2016 by The TZ Newswire Staff Comments Off on European stocks slide again, near Brexit lows
European stocks slide again, near Brexit lows
Closing changes for the main European bourses
– UK FTSE -1.2%
– French CAC -1.9%
– German DAX -1.7%
– Spain IBEX -2.0%
– Italy MIB -1.9%
The DAX is down 4% this week and is now just 1.7% above the Brexit lows.
6 July, 2016 by The TZ Newswire Staff Comments Off on You can’t keep the stock market down
You can’t keep the stock market down
Stocks nearly flat after ISM non-manufacturing
With the Fed set to keep rates low forever, the market only needs modest economic growth to keep stocks high.
Today’s ISM non-manufacturing numbers allayed concerns about growth and the weak non-farm payrolls number is increasingly looking like an outlier.