28 September, 2016 by The TZ Newswire Staff Comments Off on Should Wells Fargo Customers Abandon Ship?
Should Wells Fargo Customers Abandon Ship?
You’d be excused for thinking that Wells Fargo (NYSE: WFC) is on the verge of losing customers, as the nation’s third biggest bank by assets was caught opening up to 2 million fraudulent customer accounts in order to boost its fee-based revenue. Despite the egregious nature of its behavior, however, there are reasons to think that few Wells Fargo customers will actually leave.
28 September, 2016 by The TZ Newswire Staff Comments Off on "It’s A Lot More Negative Than People Think" – China Beige Book Issues Stark Warning About The Economy
"It’s A Lot More Negative Than People Think" – China Beige Book Issues Stark Warning About The Economy
While China’s excess debt problems have been extensively documented, the overall economy appears to also be slowing substantially as a result of the decline in the most recent credit impulse, noted as recently as one week ago when we reported that “Chinese Loan Demand Dropped To All Time Low.” Overnight, the latest warning about China’s economy came from the authors of the China Beige Book, a quarterly survey that tracks the world’s second-largest econom
28 September, 2016 by The TZ Newswire Staff Comments Off on The Irony of Apple Rallying on iPhone 7 Optimism
The Irony of Apple Rallying on iPhone 7 Optimism
Despite considerable disdain from the media about the removal of the headphone jack in the iPhone 7, Apple (NASDAQ: AAPL) has seen a significant increase in investor interest since its unveiling event earlier this month.
In this segment from Industry Focus: Tech, Motley Fool analyst Dylan Lewis and Fool contributor Evan Niu talk about what has investors so excited about Apple, and why their interest is a bit ironic in the context of the company’s recently stated goals.
28 September, 2016 by The TZ Newswire Staff Comments Off on GBP/JPY jumps in early Tokyo
GBP/JPY jumps in early Tokyo
USD/JPY and GBP/USD both higher
Stop loss buyers jamming GBP higher in thin market conditions. Cable and GBP crosses both.
For noobs to the forex market, the period between NY close and Tokyo open is the thinnest liquidity time of the 24 hour FX trading cycle. Most of the time action dries up … but when it doesn’t, look out for sharp moves.
28 September, 2016 by The TZ Newswire Staff Comments Off on Cramer Remix: Deutsche Bank is in dreamland
Cramer Remix: Deutsche Bank is in dreamland
Jim Cramer dug into the problems surrounding Deutsche Bank and what it could mean for investors.
28 September, 2016 by The TZ Newswire Staff Comments Off on Apple, Inc. Sold Over $2.5 Billion Worth of Apple Watches in 2015
Apple, Inc. Sold Over $2.5 Billion Worth of Apple Watches in 2015
28 September, 2016 by The TZ Newswire Staff Comments Off on A Dumb Reason to Buy Twitter
A Dumb Reason to Buy Twitter
Image source: Twitter.
According to multiple rumors and press reports, Twitter (NYSE: TWTR) could be on track to being acquired soon. This is fueling plenty of speculation around the stock. Shares of Twitter were trading as low as $14 per share in June, and they are above $23 as of this writing.