4 August, 2016 by The TZ Newswire Staff Comments Off on Dividend Leaders Spectra Energy, Sunoco Logistics In Turnaround Mode
Dividend Leaders Spectra Energy, Sunoco Logistics In Turnaround Mode
Judging by the action in oil and gas stocks in recent weeks, the worst could be over for a sector that fell hard last year as oil prices plummeted.
The oil and gas sector is a big one in IBD’s database, comprised of 10 industry groups. Many, including the transportation and pipeline group, are perched near the top of IBD’s 197 industry rankings, thanks to strong price performance over the past six months.
4 August, 2016 by The TZ Newswire Staff Comments Off on Big Deal: Prosper is Negotiating a $5 Billion Loan Deal
Big Deal: Prosper is Negotiating a $5 Billion Loan Deal
Prosper, a leading marketplace lending platform, is in the midst of negotiating a huge $5 billion deal to purchase Prosper loans. This is according to a post in WSJ.com. Buyers include some pretty prominent names like Soros Fund Management, Fortress Investment Group and Third Point…. Read More
4 August, 2016 by The TZ Newswire Staff Comments Off on Wealthy universities receive millions of dollars, but poorer students don’t always benefit
Wealthy universities receive millions of dollars, but poorer students don’t always benefit
Rich universities could be doing more to share the wealth.
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4 August, 2016 by The TZ Newswire Staff Comments Off on WTI Crude oil settles at $41.93/BBL
WTI Crude oil settles at $41.93/BBL
Up 2.69% on the day
The WTI Crude oil futures are settling the day at $41.93 up $1.10 on the day or 2.69%.
The high price extended up to $42.08, while the low reached $40.43.
4 August, 2016 by The TZ Newswire Staff Comments Off on Breaking Down Exelixis, Inc.’s Drug Launch
Breaking Down Exelixis, Inc.’s Drug Launch
Image source: Exelixis.
Exelixis (NASDAQ: EXEL) offered a first look at the launch of the biotech’s new kidney cancer drug Cabometyx during its second-quarter earnings report. Investors seem to like the results, with shares up 21% at 1:05 p.m. EDT, but it takes a little manipulation of the numbers to see why.
4 August, 2016 by The TZ Newswire Staff Comments Off on What’s Bad for SeaWorld Is Bad for Disney World
What’s Bad for SeaWorld Is Bad for Disney World
Image source: SeaWorld.
It’s a rough day for SeaWorld Entertainment (NYSE: SEAS) investors. Shares of the theme-park operator hit new all-time lows today after the company posted disappointing quarterly results.
It’s pretty bad: Attendance across all of its parks, 5.98 million guests, is nearly 8% below where it was during last year’s second quarter. After stabilizing with a meager uptick in 2015 and inching higher during the seasonally sleepy first quarter of this year, turnstile clicks at SeaWorld are hurting again.
4 August, 2016 by The TZ Newswire Staff Comments Off on Evacuating a plane? Don’t carry off your carry-on
Evacuating a plane? Don’t carry off your carry-on
Dubai plane crash is the latest example of dangerous behavior.
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