19 August, 2016 by The TZ Newswire Staff Comments Off on PYMNTS Daily Data Dive: Target Blames Apple, Best Buy Blames Target
PYMNTS Daily Data Dive: Target Blames Apple, Best Buy Blames Target
Consumer electronics are battling a strong headwind. The scapegoat seems to be Apple, and the impending launch of the iPhone 7 is the only hope for relief. Target blamed its disappointing Q2 earnings on the drop in Apple sales, while Walmart was less inclined to point the finger.
19 August, 2016 by The TZ Newswire Staff Comments Off on Ian Reisner sells 230 Central Park South condo for $12.6M
Ian Reisner sells 230 Central Park South condo for $12.6M
Ian Reisner seems to be doing some belated spring cleaning. Just a month after selling the long-term lease on the gay hotel he co-founded, the hotelier has sold a condo at 230 Central Park South for $12.6 million. The unit spans the entire 12th floor of the 18-floor building, created through the combination of six individual units that together span roughly 5,000 square feet. The condo has been featured in various television shows and movies, … [more]
19 August, 2016 by The TZ Newswire Staff Comments Off on No Earnings Slouches Among 5 Top Tech Stocks
No Earnings Slouches Among 5 Top Tech Stocks
After starting out the year with a steep decline, internet content providers have made a strong comeback.
As of early Friday, the group ranked No. 9 among the 197 industry groups tracked by IBD, up from No. 136 six weeks ago. Seven stocks from the group made the Tech Leaders screen of top performers.
19 August, 2016 by The TZ Newswire Staff Comments Off on "It’s A Disaster Hiding In Plain Sight" Peter Schiff Slams Big Policies & Bigger Failures
"It’s A Disaster Hiding In Plain Sight" Peter Schiff Slams Big Policies & Bigger Failures
19 August, 2016 by The TZ Newswire Staff Comments Off on Ethereum Classic Community Navigates a Distinct Path to the Future
Ethereum Classic Community Navigates a Distinct Path to the Future
Ethereum Classic started off as what is perhaps best described as a protest movement, opposing a (perceived) bailout of Ethereum’s leaderless investment venture, The DAO. But the brand new cryptocurrency, which is actually the continuation of the pre-hard forked Ethereum chain, has since surprised many.
19 August, 2016 by The TZ Newswire Staff Comments Off on Can Phillips 66 Survive with Low Refining Margins?
Can Phillips 66 Survive with Low Refining Margins?
19 August, 2016 by The TZ Newswire Staff Comments Off on Why Activist Investors Have Steered Clear of Bank of America
Why Activist Investors Have Steered Clear of Bank of America
Are activist investors quietly coveting Bank of America? Image source: iStock/Thinkstock.
A shot was fired across the bow this week on Wall Street: An activist investor bought a large number of shares in Morgan Stanley (NYSE: MS), the nation’s sixth biggest bank by assets.