30 January, 2017 by The TZ Newswire Staff Comments Off on This PIMCO High-Yield ETF Just Hit New 52-Week Highs
This PIMCO High-Yield ETF Just Hit New 52-Week Highs
Investors looking for ETFs with rising momentum should begin to consider the PIMCO 0-5 Year US High Yield Corporate Bond Index Exchange-Traded Fund (HYS). This product just hit a new 52-week high of $100.99 today, and is now up 17.43% from its 52-week low price of $86 per share.
Will this ETF continue its string of recent wins? Let’s take a closer look at the fund, its recent gains, the category it resides in, and its ratings and outlook to get a sense of whether its momentum is sustainable or not.
30 January, 2017 by The TZ Newswire Staff Comments Off on How Much Can Apple’s Services Drive Profit Growth?
How Much Can Apple’s Services Drive Profit Growth?
Image source: Apple.
Much has been made of Apple‘s (NASDAQ: AAPL) services revenue over the last year or so. After it was clear Apple would struggle to continue growing iPhone sales following the outstanding success of the iPhone 6, CEO Tim Cook commented that a “growing portion of our revenue is directly driven by our existing install base.” That is, sales of apps, content, iCloud, Apple Care, and other Apple Services will account for an outsized portion of Apple’s revenue growth going forward.
30 January, 2017 by The TZ Newswire Staff Comments Off on Walgreens/Rite Aid Deal Gets Price Cut, Extension
Walgreens/Rite Aid Deal Gets Price Cut, Extension
The price of the long-simmering buyout of Rite Aid (NYSE: RAD) by fellow pharmacy giant Walgreens Boots Alliance (NASDAQ: WBA) has dropped. In a joint press release the two companies announced a modification of their merger agreement that will see the price fall to between $6.50 and $7.00 per Rite Aid share.
30 January, 2017 by The TZ Newswire Staff Comments Off on Walgreens/Rite Aid Deal Gets Price Cut, Extension
Walgreens/Rite Aid Deal Gets Price Cut, Extension
The price of the long-simmering buyout of Rite Aid (NYSE: RAD) by fellow pharmacy giant Walgreens Boots Alliance (NASDAQ: WBA) has dropped. In a joint press release the two companies announced a modification of their merger agreement that will see the price fall to between $6.50 and $7.00 per Rite Aid share.
30 January, 2017 by The TZ Newswire Staff Comments Off on The New 10-Year Forecast for the Public Debt
The New 10-Year Forecast for the Public Debt
Every January, the Congressional Budget Office releases its Budget and Economic Forecast for the next 10 years, which in January 2017 covers the period from 2017 through 2027. The following chart shows what the CBO foresees for the portion of the U.S. government’s…
30 January, 2017 by The TZ Newswire Staff Comments Off on Global Growth Is ‘N Sync – All Eyes on Yields
Global Growth Is ‘N Sync – All Eyes on Yields
Bond king Bill Gross has suggested a break of 2.60% on the upside for the 10-year yield would mark the beginning of a secular bear bond market and would be “…the key to interest rate levels and perhaps stock price levels in 2017.” The other bond king, Jeffrey Gundlach…
30 January, 2017 by The TZ Newswire Staff Comments Off on Why Driverless Cars Are Racing Full-Speed Ahead
Why Driverless Cars Are Racing Full-Speed Ahead
Three of the most significant developments in the industry happened earlier this month. The 2017 Consumer Electronics Show (CES) in Las Vegas and the North American International Auto Show in Detroit saw automakers new and old (and their suppliers) show off…