15 August, 2016 by The TZ Newswire Staff Comments Off on Procter & Gamble Co’s Biggest Win in 2016 So Far
Procter & Gamble Co’s Biggest Win in 2016 So Far
Image source: Getty.
Procter & Gamble (NYSE: PG) just closed the books on a fiscal year in which sales declined by 8%. Earnings didn’t fare much better: P&G’s core profit ticked down by 2% following a 2% drop last year.
15 August, 2016 by The TZ Newswire Staff Comments Off on What Hedge Funds Bought And Sold In Q2: The Full 13-F Summary
What Hedge Funds Bought And Sold In Q2: The Full 13-F Summary
Today is the deadline for hedge funds to submit their Q2 13-F filings. Among the more notable changes was the previously reported 55% increase in Warren Buffett’s Apple shares, offset by the cut in his Wal-Mart stake; Elliott’s addition to stakes in security firms Qualys, Fortinet, CyberArk; ValueAct’s new stakes in Morgan Stanley, Seagate; Tiger’s exit of Netflix; Jana addition of Time Inc, and Soros’ cut of his gold miner positions.
15 August, 2016 by The TZ Newswire Staff Comments Off on You’d have to be ‘deaf, dumb and blind’ to buy Apple, investor says
You’d have to be ‘deaf, dumb and blind’ to buy Apple, investor says
Apple stock is up more than 10 percent in the last month, but Bert Dohmen said he wouldn’t touch it with a 10-foot pole.
15 August, 2016 by The TZ Newswire Staff Comments Off on Square Is Extending Loans Beyond Its Reach
Square Is Extending Loans Beyond Its Reach
Image source: Square.
After a slow start to the year, Square‘s (NYSE: SQ) lending arm, Square Capital, rebounded in the second quarter. It extended $189 million in loans to its vendors, up 123% year over year and 23% sequentially. The lending arm is seen as a key profit driver for the company, which got its start with payment processing.
15 August, 2016 by The TZ Newswire Staff Comments Off on Japanese press today highlights problems with ‘strong yen’
Japanese press today highlights problems with ‘strong yen’
The Nikkei have a couple of pieces today about the problems created by the strong yen
Sorta makes you wonder if they are there it put some sort of pressure on the BOJ to ‘do something’.
15 August, 2016 by The TZ Newswire Staff Comments Off on The Real Reason Department-Store Stocks Are Surging
The Real Reason Department-Store Stocks Are Surging
Image source: The Motley Fool.
Macy’s (NYSE: M), Nordstrom (NYSE: JWN), and Kohl’s (NYSE: KSS) reported earnings for the second quarter of 2016 last week, and the market welcomed their explosive gains.
15 August, 2016 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Girl Scout cookie debt and Americans’ obsession with meat
Personal Finance Daily: Girl Scout cookie debt and Americans’ obsession with meat
Monday’s top personal finance stories
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