6 January, 2017 by The TZ Newswire Staff Comments Off on Bullish Action Within The IBD 50: Three-Weeks-Tight Patterns
Bullish Action Within The IBD 50: Three-Weeks-Tight Patterns
So you missed the breakout and you’ve watched the stock go up without you. Now, you’re waiting for an alternative entry to get you into that leading stock or you want to add to an existing position. A three-weeks-tight is just that opportunity.
In some cases, leading stocks won’t give you another opportunity to get into the stock. They’ll stair-step their way higher without building a new base, so savvy investors will be on the lookout for these short areas of consolidation.
6 January, 2017 by The TZ Newswire Staff Comments Off on Are There Too Many Macau Casino Rooms or Not Enough?
Are There Too Many Macau Casino Rooms or Not Enough?
After a fifth straight month of rising gaming revenues, the Macau casino recovery appears to be back on track, but can the effort be sustained enough to support all the hotels that are coming online? Gambling revenues may rise, but the resort operators may not be able to fill all the rooms they’re building.
6 January, 2017 by The TZ Newswire Staff Comments Off on Gatsby Enterprises to buy Midtown office property for $50M
Gatsby Enterprises to buy Midtown office property for $50M
Gatsby Enterprises is snapping up a 66,000-square-foot office building in Midtown for $50 million, banking on significantly higher rents as existing leases expire in the next few years. Seller Valeray Real Estate Company’s 17-story office building at 56 West 45th Street is fully leased, Crain’s reported. However, 60 percent of the space is due to become vacant in the next three years, which could allow the new owner to hike up rents. Much of the … [more]
6 January, 2017 by The TZ Newswire Staff Comments Off on Why Procter & Gamble Co. Gained Only 6% in 2016
Why Procter & Gamble Co. Gained Only 6% in 2016
Procter & Gamble‘s (NYSE: PG) stock failed to keep pace with the broader market in 2016, rising 6% compared to a 13% spike for the Dow and a 10% increase for the S&P 500.
6 January, 2017 by The TZ Newswire Staff Comments Off on Why Shares of Ruby Tuesday, Inc. Got Cut Today
Why Shares of Ruby Tuesday, Inc. Got Cut Today
Image source: Ruby Tuesday.
Shares of Ruby Tuesday, Inc. (NYSE: RT) dropped nearly 24% as of noon on Friday after the company reported fiscal second-quarter earnings — or lack thereof — after the market closed on Thursday.
6 January, 2017 by The TZ Newswire Staff Comments Off on Upscale retailer Neiman Marcus withdraws IPO
Upscale retailer Neiman Marcus withdraws IPO
The withdrawal reflects the challenges it faces, as the industry struggles under the weight of competitive pressure.
6 January, 2017 by The TZ Newswire Staff Comments Off on Theranos slashes its workforce, again — 155 people just got a pink slip
Theranos slashes its workforce, again — 155 people just got a pink slip
That leaves 220 workers to focus on Theranos’ business plans.