18 July, 2016 by The TZ Newswire Staff Comments Off on Has Palo Alto Networks Inc Stock Finally Hit Bottom?
Has Palo Alto Networks Inc Stock Finally Hit Bottom?
About the only good news for Palo Alto Networks (NYSE: PANW) shareholders of late is that its stock price is slowly inching back up to its post-earnings level of $129.86. Of course, Palo Alto shares were sitting at $148.18 on May 26, before fiscal 2016 third-quarter earnings were announced, then nosedived over 12% the following day. With a 52-week high of $200.55 a share, value investors may think Palo Alto represents an opportunity.
18 July, 2016 by The TZ Newswire Staff Comments Off on How Bitcoin’s Second Halving Came and Went, and Not Much Happened
How Bitcoin’s Second Halving Came and Went, and Not Much Happened
Bitcoin’s block reward halved for the second time last week, from 25 to 12.5 bitcoins. The event, commonly referred to as “the halving” (or sometimes: “the halvening”), was a key moment in Bitcoin’s history.
18 July, 2016 by The TZ Newswire Staff Comments Off on Airbus Wins a Hollow Victory at Farnborough
Airbus Wins a Hollow Victory at Farnborough
Airbus (NASDAQOTH: EADSY) won a clear victory over its perennial rival, Boeing (NYSE: BA), in the order race at last week’s Farnborough Airshow.
Whether measured by the number of planes ordered, the total value of orders and commitments, or the volume of firm orders alone, Airbus outpaced its American rival. However, Airbus’ order haul was far less impressive than it may appear on the surface.
18 July, 2016 by The TZ Newswire Staff Comments Off on KBW and Nasdaq Unveil KFTX Index to Track FinTech Companies
KBW and Nasdaq Unveil KFTX Index to Track FinTech Companies
The KFTX Index is the latest product launched under a collaboration announced last year between Nasdaq and KBW.
18 July, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: Auditor PwC said to be under investigation in biotech fund embezzlement case
Capitol Report: Auditor PwC said to be under investigation in biotech fund embezzlement case
A private lawsuit against Burrill Life Sciences Fund auditor PwC suggests the firm is also under investigation by the SEC for the fraud that caused at least $17 million in losses
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18 July, 2016 by The TZ Newswire Staff Comments Off on This Could Be the Next Big Pharma Buyout
This Could Be the Next Big Pharma Buyout
Photo source: Getty images.
Remember the days when the mindset of Big Pharma was to just do deals? It didn’t matter what you did — you just had to do something.
18 July, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: Current U.S. economic recovery may end up as longest ever
Capitol Report: Current U.S. economic recovery may end up as longest ever
The seven-year-old economic recovery in the U.S.