The Traderszone Network

25 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Wildfires continue to rage near Los Angeles, Big Sur

The Wall Street Journal: Wildfires continue to rage near Los Angeles, Big Sur

A fast-moving wildfire north of popular Big Sur campgrounds destroyed 20 homes and scorched 16,100 acres, while another wildfire outside Los Angeles exploded to more than 35,000 acres.
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25 July, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: Text of Bernie Sanders’ speech to the Democratic convention

Capitol Report: Text of Bernie Sanders’ speech to the Democratic convention

Prepared text of Bernie Sanders’ speech to the Democratic National Convention.
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25 July, 2016 by The TZ Newswire Staff Comments Off on Canada: British Columbia imposes 15% property transfer tax on foreign home buyers

Canada: British Columbia imposes 15% property transfer tax on foreign home buyers

Something for the Canada property price watchers
Reuters report:
– British Columbia introduced a new 15 percent property transfer tax on foreign real estate buyers in Vancouver on Monday

25 July, 2016 by The TZ Newswire Staff Comments Off on [TICKERCOVERAGE] To Apple, Inc.’s Tim Cook: What’s After iPhone?

[TICKERCOVERAGE] To Apple, Inc.’s Tim Cook: What’s After iPhone?

Apple Ceo Tim Cook

Apple CEO Tim Cook. Image source: Apple.

On Tuesday, after market close, Apple (NASDAQ: AAPL) is expected to report a 15% year-over-year decline in revenue — even steeper than the company’s 13% decline in Q2. And it’s not just analysts expecting this significant decline; management is anticipating a decline in revenue about in line with analysts’ expectations.

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25 July, 2016 by The TZ Newswire Staff Comments Off on The Mexican Template: How Coca-Cola and Pepsi Will Deal With Rising Soda Taxes

The Mexican Template: How Coca-Cola and Pepsi Will Deal With Rising Soda Taxes

Just last month, Philadelphia, the fifth largest city in the United States, passed a new 1.5 cents per ounce tax on sugary beverages. This has fueled concerns that industry leaders Coca-Cola (NYSE: KO) and PepsiCo (NYSE: PEP) may soon see a wave of soda taxes implemented by cities following Philadelphia’s lead.

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25 July, 2016 by The TZ Newswire Staff Comments Off on Furious Sanders Supporters, Angry Media, Blistering Chaos Marks First Day Of Democratic Convention

Furious Sanders Supporters, Angry Media, Blistering Chaos Marks First Day Of Democratic Convention

Democrats were delighted to watch as last week’s scandal-plagued Republican National Convention lurched from one fiasco to another until…. the Democratic National Convention was on the verge of crashing and burning (and that is not a pun on the searing Philadelphia heat) during its own disoragnized launch among angry supporters, blistering temperatures, sheer chaos, and a fractured organization that has left Republicans stunned in amazement at a Democratic party seemingly torn in two.

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25 July, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.6778 (vs. yesterday at 6.6860)

PBOC sets USD/CNY central rate at 6.6778 (vs. yesterday at 6.6860)

PBOC injects 130bn yuan via 7-day reverse repos
Yuan strength today from the People’s Bank of China. The USD was weaker since the previous mid-point set. That didn’t matter last week, but seems to be back in the algo this week.