6 July, 2016 by The TZ Newswire Staff Comments Off on Markit June final US services PMI 51.4 vs 51.3 exp
Markit June final US services PMI 51.4 vs 51.3 exp
Markit final services PMI
– Prior was 51.3
– Composite PMI 51.2 vs 51.2 prior
No market reaction.
6 July, 2016 by The TZ Newswire Staff Comments Off on Why Barnes & Noble Inc. Had a Roller Coaster Week
Why Barnes & Noble Inc. Had a Roller Coaster Week
In spite of an unspectacular fourth-quarter earnings report — to put it generously — Barnes & Noble‘s (NYSE: BKS) stock price rose by 10% after the figures were unveiled.
6 July, 2016 by The TZ Newswire Staff Comments Off on Can Valero Energy Maintain Its Impressive Dividend?
Can Valero Energy Maintain Its Impressive Dividend?
6 July, 2016 by The TZ Newswire Staff Comments Off on Ackman’s Pershing Square Down 20%; Layoffs
Ackman’s Pershing Square Down 20%; Layoffs
With continued poor performance declines, Bill Ackman might have to consider other tasks to automate.
6 July, 2016 by The TZ Newswire Staff Comments Off on Fed’s Tarullo Q&A: Liquidity isn’t where it should be for financial firms
Fed’s Tarullo Q&A: Liquidity isn’t where it should be for financial firms
Tarullo taking questions from the audience
– BOE dialed up the counter-cyclical capital buffer yesterday
6 July, 2016 by The TZ Newswire Staff Comments Off on Fed’s Tarullo Q&A: Liquidity isn’t where it should be for financial firms
Fed’s Tarullo Q&A: Liquidity isn’t where it should be for financial firms
Tarullo taking questions from the audience
– BOE dialed up the counter-cyclical capital buffer yesterday
6 July, 2016 by The TZ Newswire Staff Comments Off on US stocks slide at the open but Treasury yields have bounced
US stocks slide at the open but Treasury yields have bounced
Stock markets lower for the second day
The S&P 500 is down 11 points shortly after the open. The index fell 14 points yesterday.
Despite the decline, there is a bit of a turn in broader sentiment. USD/JPY has been creeping higher and US 10-year yields have climbed to 1.36% from a record low of 1.32% about 90 minutes ago.