The Traderszone Network

2 August, 2016 by The TZ Newswire Staff Comments Off on Why Pacific Biosciences Shares Jumped 21.6% in July

Why Pacific Biosciences Shares Jumped 21.6% in July

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Image source: Pacific Biosciences.

What: After shares sold off sharply in June following an update with investors, bargain hunters returned in July, sending shares in Pacific Biosciences (NASDAQ: PACB) 21.6% higher, according to S&P Global Market Intelligence .

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2 August, 2016 by The TZ Newswire Staff Comments Off on M&A could help biotech keep rolling, traders say after Biogen rumors

M&A could help biotech keep rolling, traders say after Biogen rumors

The “Fast Money” traders said on Tuesday that mergers and acquisitions may help the biotechnology sector hit new highs.

2 August, 2016 by The TZ Newswire Staff Comments Off on Markets could fret even over the smaller stuff now

Markets could fret even over the smaller stuff now

Fresh July data should catch some attention as traders await Friday’s jobs report.

2 August, 2016 by The TZ Newswire Staff Comments Off on Forexlive Americas FX news wrap: Dollar stumbles. JPY rises.

Forexlive Americas FX news wrap: Dollar stumbles. JPY rises.

Forex news for US trading on August 2, 2016
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The NY session saw the dollar tumble, the JPY rise as stocks were weaker and traders interpreted fiscal stimulus not up to expectations.  On the economic front, US core PCE came in as expected, personal income was on the light side but personal spending was a touch better.  

2 August, 2016 by The TZ Newswire Staff Comments Off on GGP, Thor will sit on Lee’s Art Supplies space until Nordstrom buzz lifts rents: Mathrani

GGP, Thor will sit on Lee’s Art Supplies space until Nordstrom buzz lifts rents: Mathrani

General Growth Properties and Thor Equities are waiting for the paint to dry on Nordstrom’s new Midtown department store before redeveloping the longtime home of the iconic Lee’s Art Supplies store across the street.

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2 August, 2016 by The TZ Newswire Staff Comments Off on Long Island Broker Throws His Hat In The Ring For “Worst Person, 2016”

Long Island Broker Throws His Hat In The Ring For “Worst Person, 2016”

Small-time (alleged!) crook edition.

2 August, 2016 by The TZ Newswire Staff Comments Off on Big Discounts Helped Boost General Motors’ Retail Sales in July

Big Discounts Helped Boost General Motors’ Retail Sales in July

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A big jump in U.S. sales of GMC Sierra pickups helped General Motors post a retail sales gain in July. Image source: General Motors.

General Motors (NYSE: GM) said on Tuesday that its retail sales in the U.S. rose 5% in July, thanks in part to deep discounts it offered on some models early in the month. GM’s overall sales fell 2% on planned reductions in rental-car fleet sales. 

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