19 July, 2016 by The TZ Newswire Staff Comments Off on Why VMware Inc. Stock Soared Today
Why VMware Inc. Stock Soared Today
Image source: VMware.
What: Shares of virtualization solution provider VMware (NYSE: VMW) surged on Tuesday following the company’s second-quarter report. VMware beat analyst estimates on all fronts and raised its guidance for the full year. After rising as much as 10.7% during the day, VMware stock was up 9.3% at 2:50 p.m. EDT.
19 July, 2016 by The TZ Newswire Staff Comments Off on Brexit uncertainty is still a worry, even as markets recover from initial wobble
Brexit uncertainty is still a worry, even as markets recover from initial wobble
The vote has put investments in big infrastructure projects on hold and drawing questions on earnings calls.
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19 July, 2016 by The TZ Newswire Staff Comments Off on US dollar has a pretty good day
US dollar has a pretty good day
USDJPY the strongest. GBP is the weakest
The dollar has done fairly well today – rising against all the major currencies with the exception on the USDJPY
EURUSD: The EURUSD has fallen below support at the 1.1023-28 area. The last 16 trading days has moved below this level on only 4 hourly bars. Today the last 8 bars have traded below this area with the last 6 bars closing below the level.
19 July, 2016 by The TZ Newswire Staff Comments Off on IMF: Brexit will slow global growth
IMF: Brexit will slow global growth
The IMF has updated its forecast for global economic growth, and even in their optimistic scenario they see a significant slow down.
19 July, 2016 by The TZ Newswire Staff Comments Off on Why TripAdvisor Inc Stock Is Down 19% So Far This Year
Why TripAdvisor Inc Stock Is Down 19% So Far This Year
Image Source: Getty.
What: With 2016 now halfway in the books, TripAdvisor Inc (NASDAQ: TRIP) stock is down 19% after getting hammered by the broad-market sell-off earlier in the year. As the chart below shows, the stock was down more than 35% in February, and has struggled to recoup those losses even as the S&P 500 hits all-time highs.
19 July, 2016 by The TZ Newswire Staff Comments Off on Earnings Outlook: What to expect from home-builder earnings
Earnings Outlook: What to expect from home-builder earnings
There may be more upside for home builder earnings but analysts are split on how much.
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19 July, 2016 by The TZ Newswire Staff Comments Off on U.S. Probe sFiat Chrysler for Sales Fraud (FCAU)
U.S. Probe sFiat Chrysler for Sales Fraud (FCAU)
The U.S. Justice Department and the SEC are probing Fiat Chrysler on claims that it used financial incentives to reward dealers for falsified car sales data.