11 July, 2016 by The TZ Newswire Staff Comments Off on Nomi Prins: Trump Wins (Even If He Loses)
Nomi Prins: Trump Wins (Even If He Loses)
Authored by Nomi Prins, via TomDispatch.com,
“Establishment: A group in a society exercising power and influence over matters of policy, opinion, or taste, and seen as resisting change.” — Oxford Dictionary
11 July, 2016 by The TZ Newswire Staff Comments Off on Why Finish Line Inc. Shares Jumped 11% in June
Why Finish Line Inc. Shares Jumped 11% in June
What: Shares of sneaker and sporting-apparel retailer Finish Line Inc. (NASDAQ: FINL) climbed 11.36% in June, according to data from S&P Global Market Intelligence .
11 July, 2016 by The TZ Newswire Staff Comments Off on IMF Warns Of "Global Contagion" From Italy’s Bank Crisis; Forecasts Two-Decade Long Recession
IMF Warns Of "Global Contagion" From Italy’s Bank Crisis; Forecasts Two-Decade Long Recession
Piling on to Italy’s growing mountain of worries, this evening the IMF itself warned that Europe’s third largest economy would grow by less than 1% this year and only marginally faster in 2017, slashing its previous forecasts of 1.1% and 1.25% growth for the next two years, mostly as a result of the most convenient scapegoat available in Europe at the moment: Brexit (which has become to Europe as “cold weather” has been to the US for the past two years).
11 July, 2016 by The TZ Newswire Staff Comments Off on Intel Corporation Reportedly Grabs Even More Apple Inc. iPhone Share
Intel Corporation Reportedly Grabs Even More Apple Inc. iPhone Share
At this point, it’s well known that microprocessor giant Intel (NASDAQ: INTC) will be supplying cellular modems to Apple (NASDAQ: AAPL) for its next-generation iPhone. It was previously believed that Intel would get a minority allocation in the new iPhone, with cellular modem giant Qualcomm (NASDAQ: QCOM) getting the majority of the orders.
11 July, 2016 by The TZ Newswire Staff Comments Off on Why Gap, Inc. Stock Jumped 18% in June
Why Gap, Inc. Stock Jumped 18% in June
What: Shares of Gap Inc. (NYSE: GPS) rose 18% in the June, according to data from S&P Global Market Intelligence, as the company revealed encouraging performance improvements along with its May sales results.
11 July, 2016 by The TZ Newswire Staff Comments Off on UK data – BRC sales data for June: -0.5% y/y (prior +0.5% y/y)
UK data – BRC sales data for June: -0.5% y/y (prior +0.5% y/y)
British Retail Consortium Like-for-like sales for June -0.5% y/y (prior +0.5)
– BRC cite Brexit worries as the vote approached and also poor weather
– BRC said retail spending up 0.2% y/y (was+1.4% y/y in May)
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