8 December, 2016 by The TZ Newswire Staff Comments Off on Why Las Vegas Sands, Horizon Pharma, and IDT Slumped Today
Why Las Vegas Sands, Horizon Pharma, and IDT Slumped Today
Thursday was another strong day for the stock market, as the Dow, S&P 500, and Nasdaq Composite all set new record highs during the session. Investors are growing increasingly confident about the future, and even the prospect of an interest rate hike from the Federal Reserve at its Federal Open Market Committee meeting next week doesn’t seem to be fazing market participants.
8 December, 2016 by The TZ Newswire Staff Comments Off on Citron’s Left says Trump should go after ‘low-hanging fruit’ like Express Scripts
Citron’s Left says Trump should go after ‘low-hanging fruit’ like Express Scripts
Earlier Thursday, Left’s Citron Research called Express Scripts the “Philidor of the pharma industry.”
8 December, 2016 by The TZ Newswire Staff Comments Off on Holiday Gift Guide: Stocking stuffers
Holiday Gift Guide: Stocking stuffers
From Nintendo’s NES Classic Edition to the Amazon Echo Dot, these are our favorite gadgets to fill the stockings this year.
8 December, 2016 by The TZ Newswire Staff Comments Off on Blackstone closes on $620M purchase of Kips Bay Court
Blackstone closes on $620M purchase of Kips Bay Court
In the largest New York City multifamily deal of the year so far, Blackstone Group closed Thursday on the $620 million purchase of Kips Bay Court, sources told The Real Deal. The investment firm entered contract in August for the eight-building, 894-unit complex between East 26th and 29th streets east of Second Avenue. All of the apartments are free-market. Section 8 tenants occupy about 40 percent of the units, but those apartments bring in nearly … [more]
8 December, 2016 by The TZ Newswire Staff Comments Off on New Poll Ranks "Credibility" Of Mainstream Media Outlets
New Poll Ranks "Credibility" Of Mainstream Media Outlets
As the mainstream media’s desperate attempt to salvage it’s reputation by discrediting “fake news” sources (otherwise known as any media outlet expressing a right-of-center opinion) rages on, Morning Consult has released a new poll ranking the “credibility” of the various print and TV media sources.
The major networks, ABC, CBS and NBC, ranked highest in credibility while the cable news outlets fell further down the list, with MSNBC trailing the pack.
8 December, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs says Oil cuts will "unleash a sharp production response" from US
Goldman Sachs says Oil cuts will "unleash a sharp production response" from US
A poll of 28 analysts & economists focused on oil
– Forecast Brent crude futures will average $44.69 a barrel in 2016 (was $44.78 in the previous survey about a month ago)
Higher prices should attract more supply, weighing on price, this comment from Goldman Sachs puts it in a nutshell:
8 December, 2016 by The TZ Newswire Staff Comments Off on MGM CEO says Macau ATM withdrawal limits will ‘reduce some gaming revenue,’ but he’s still optimistic
MGM CEO says Macau ATM withdrawal limits will ‘reduce some gaming revenue,’ but he’s still optimistic
Jim Cramer spoke with MGM CEO Jim Murren who said he is still optimistic for Macau, though ATM limits will impact some revenue.