29 January, 2017 by The TZ Newswire Staff Comments Off on 17 Years Later, Microsoft Corp. Is Worth $500 Billion Again!
17 Years Later, Microsoft Corp. Is Worth $500 Billion Again!
Microsoft (NASDAQ: MSFT) is putting some pep back in its step these days. On Friday, Reuters pointed out that the software giant’s market cap has risen above $500 billion for the first time since March 2000.
29 January, 2017 by The TZ Newswire Staff Comments Off on Don’t confuse free trade and trade deficits
Don’t confuse free trade and trade deficits
Here’s Benjamin Cole:
As David Glasner recently noted, no plank of orthodox macroeconomics is more sacred today than that international free trade is good, and that even large and chronic trade deficits don´t matter.
29 January, 2017 by The TZ Newswire Staff Comments Off on Are These 3 Big Brand Stocks Wildly Overvalued?
Are These 3 Big Brand Stocks Wildly Overvalued?
The S&P 500 is hovering near all-time highs, so it isn’t surprising that some well-known “big brand” stocks now appear overvalued. Today, we’ll take a closer look at three “big brand” plays with frothy P/E ratios — Coty (NYSE: COTY), Snyder’s-Lance (NASDAQ: LNCE), and Mondelez (NASDAQ: MDLZ) — and see if they’re as wildly overvalued as they appear.
29 January, 2017 by The TZ Newswire Staff Comments Off on Uber caught in middle of anti-Trump travel ban protests, as angry users vow to delete app
Uber caught in middle of anti-Trump travel ban protests, as angry users vow to delete app
The ride sharing service came under fire for not standing in solidarity with striking cab drivers.
29 January, 2017 by The TZ Newswire Staff Comments Off on Trump Administration Flip-Flops: Green Card Holders Are Not Affected By Immigration Ban
Trump Administration Flip-Flops: Green Card Holders Are Not Affected By Immigration Ban
Following yesterday’s statement from a Department of Homeland Security official that “[the order] will bar green card holders”, it appears The White House has shifted its view. During an interview of NBC’s “Meet The Press”, White House Chief of Staff Reince Priebus flip-flopped that “as far as green card holders moving forward, [the order] doesn’t affect them.”
29 January, 2017 by The TZ Newswire Staff Comments Off on Why Ford Motor Company’s Profit in Europe Will Drop in 2017
Why Ford Motor Company’s Profit in Europe Will Drop in 2017
Ford Motor Company‘s (NYSE: F) earnings in 2017 will take a hit of at least $600 million from currency effects related to Britain’s vote to leave the European Union, Ford’s European chief told Reuters on Friday.
Ford earned $1.2 billion in Europe in 2016 after several years of work on a turnaround plan. The news is a setback for Ford and its investors.
29 January, 2017 by The TZ Newswire Staff Comments Off on MC Payments Gains Control of Genesis Payment Solutions
MC Payments Gains Control of Genesis Payment Solutions
Singapore-based MC Payments has acquired a controlling stake in Genesis Payment Solutions. Genesis is a company that is used by Alipay, part of Alibaba, to acquire merchant accounts on its behalf. Genisis helps retailers process payments from Chinese tourists using Alipay – the country’s leading… Read More