14 December, 2016 by The TZ Newswire Staff Comments Off on 3 Stocks With Better Dividends Than Wynn Resorts, Limited
3 Stocks With Better Dividends Than Wynn Resorts, Limited
Wynn Resorts, Limited (NASDAQ: WYNN) was one of the early dividend paying companies in gaming, but of late it’s become a lot less attractive of a dividend play. Two years of declining revenue in Macau forced management to cut the dividend 75% to the current $2 per share annually. And with a $9.4 billion debt load and the $1.9 billion to $2.1 billion Wynn Boston Harbor under construction it’s hard to see how the dividend will go up in the near future.
14 December, 2016 by The TZ Newswire Staff Comments Off on "Less Room To Run" – What Wall Street Is Paying Attention To In Today’s Fed Statement
"Less Room To Run" – What Wall Street Is Paying Attention To In Today’s Fed Statement
When it comes to today’s FOMC decision, there is little speculation: a 25 bps rate hike, the first in 2016 and only the second since the financial crisis, is now effectively assured: all 103 Bloomberg-surveyed economists expect a 25bp increase. The market agrees, and as shown in the chart below, implied rate hike odds are at 100%, with some even speculating that the Fed may hike by 50 bps.
14 December, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: Trump team may change daily White House briefing
Capitol Report: Trump team may change daily White House briefing
President-elect Donald Trump’s incoming White House chief of staff said the new administration is looking at ways to change how to communicate with the press and the public, and that even the daily White House briefing is being examined.
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14 December, 2016 by The TZ Newswire Staff Comments Off on Cheat sheet: Six quick things to watch in the FOMC decision
Cheat sheet: Six quick things to watch in the FOMC decision
The last-minute guide to the FOMC decision
1) Watch the clock
The FOMC decision is out at 2 pm ET (1900 GMT). At the same time, the Fed releases the dot plot and its new round of economic projections. Roughly 30 minutes later, Janet Yellen hosts a press conference.
14 December, 2016 by The TZ Newswire Staff Comments Off on Market Extra: Amazon delivers by drone, but ETFs tied to the trend are still grounded
Market Extra: Amazon delivers by drone, but ETFs tied to the trend are still grounded
The only exchange-traded fund dedicated to drones fell on Wednesday, despite the industry reaching a potentially pivotal milestone, with Amazon.com Inc.
14 December, 2016 by The TZ Newswire Staff Comments Off on The Global Move Towards a Cashless Society
The Global Move Towards a Cashless Society
In many areas of the world, cash is still king. But, as in other parts of the globe, it appears as if its days could be numbered in Australia, which may be preparing to ride the building global demonetization wave.
14 December, 2016 by The TZ Newswire Staff Comments Off on Rising Trade Tensions
Rising Trade Tensions
As was the campaign and the initial appointments, the election of an unorthodox candidate promises to change the way things are done in Washington. However, just as there were some continuities between Obama and Bush…