15 February, 2017 by The TZ Newswire Staff Comments Off on Flynn-Russia-Trump-Markets!
Flynn-Russia-Trump-Markets!
Is the Flynn–Russia–Trump leaks–Russian missile ball of wax a distraction that is causing market agents to think more about other things than economic issues? You bet. When Congressman Kevin Brady (R-Texas) takes to doing interviews…
15 February, 2017 by The TZ Newswire Staff Comments Off on Thirty-somethings into co-living are losers: Yardeni
Thirty-somethings into co-living are losers: Yardeni
Ofer Yardeni, who’s known mostly as a value-add multifamily investor and landlord, also considers himself something of an expert on development. Especially the arrested kind. “If you are a 35-year-old and you live in [WeLive or Common], you are a loser,” the Stonehenge Partners CEO said to riotous laughter Wednesday morning during a panel discussion on the city’s multifamily market.
15 February, 2017 by The TZ Newswire Staff Comments Off on Why Wix.com Ltd. Stock Popped Today
Why Wix.com Ltd. Stock Popped Today
Shares of Wix.com Ltd. (NASDAQ: WIX) were up 14.3% as of 11:30 a.m. EST Wednesday, after the web-development platform specialist announced strong fourth-quarter 2016 results.
15 February, 2017 by The TZ Newswire Staff Comments Off on Who’s afraid of the big bad wolf?
Who’s afraid of the big bad wolf?
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15 February, 2017 by The TZ Newswire Staff Comments Off on Why Shares of Groupon Are Surging Today
Why Shares of Groupon Are Surging Today
Shares of Groupon (NASDAQ: GRPN) soared on Wednesday following the release of the company’s fourth-quarter report. The provider of daily deals beat analyst estimates for both revenue and earnings, driven by a surge in active customers. At 11:30 a.m. EST, the stock was up about 22%.
Groupon reported fourth-quarter revenue of $934.9 million, up 1.9% year over year and $22 million higher than the average analyst estimate. Gross billings declined slightly year over year, but strength in North America mostly offset weakness in international markets.
15 February, 2017 by The TZ Newswire Staff Comments Off on Yellen: Investment spending has been quite low
Yellen: Investment spending has been quite low
Yellen testimony continues
– We’ve created a lot of jobs but pay isn’t rising rapidly
– The jobs market is leaving particular classes of workers disadvantaged
The Q&A has lacked any kind of market-moving developments so far.
15 February, 2017 by The TZ Newswire Staff Comments Off on Fed Up: Culture Shock
Fed Up: Culture Shock
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