16 August, 2016 by The TZ Newswire Staff Comments Off on GIC partners for stake in US property firm, likely valuing it above $2 billion
GIC partners for stake in US property firm, likely valuing it above $2 billion
Singapore’s GIC is among two investors buying 71 percent of U.S. property firm Yes Communities, in a deal likely valuing it above $2 billion.
16 August, 2016 by The TZ Newswire Staff Comments Off on Australia – Westpac Leading Index (July): +0.05% m/m (prior -0.22%)
Australia – Westpac Leading Index (July): +0.05% m/m (prior -0.22%)
0.05% is pretty close to nuthin!
The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index rose from -0.15% in June to -0.12% in July
16 August, 2016 by The TZ Newswire Staff Comments Off on Record Earnings for Home Depot Inc as Profitability Jumps
Record Earnings for Home Depot Inc as Profitability Jumps
Image source: The Motley Fool.
Home Depot (NYSE: HD) posted earnings results this week that included double-digit profit gains powered by a steady rebound in the housing market. The retailer boosted its earnings outlook for the second straight quarter, too — while affirming its full-year sales growth forecast.
16 August, 2016 by The TZ Newswire Staff Comments Off on 3 Incredibly Cheap Wearable Technology Stocks
3 Incredibly Cheap Wearable Technology Stocks
Image source: Getty Images.
Wearable technology, like fitness trackers and smartwatches, is a quickly growing tech segment. By 2020, nearly 213 million wearable devices will be shipped worldwide, and its market size is expected to reach nearly $29 billion this year.
16 August, 2016 by The TZ Newswire Staff Comments Off on Bank of America Merrill Lynch monthly fund managers survey (Aug 5-11)
Bank of America Merrill Lynch monthly fund managers survey (Aug 5-11)
This was out overnight, I don’t know if it was covered, but some of the main points
– 211 respondents to the survey
– AUM of USD628bn
– Survey dates August 5 to 11
Cash levels down in August:
16 August, 2016 by The TZ Newswire Staff Comments Off on eBay, Inc’s Best Business Segment in 2016 So Far
eBay, Inc’s Best Business Segment in 2016 So Far
16 August, 2016 by The TZ Newswire Staff Comments Off on Asia poised for flat open as US stock losses offset rise in oil
Asia poised for flat open as US stock losses offset rise in oil
Futures pointed to a flat open for Asian markets on Wednesday, as a lower finish in the U.S. stock market offset the impact of a rise in oil prices.