17 February, 2017 by The TZ Newswire Staff Comments Off on Better Buy: Freeport-McMoRan Inc. vs. Barrick Gold
Better Buy: Freeport-McMoRan Inc. vs. Barrick Gold
Freeport-McMoRan Inc. (NYSE: FCX) and Barrick Gold (NYSE: ABX) both mine for gold and copper. There’s been a lot of good news in the precious and industrial metals industries lately, with both copper and gold rallying off of their lows last year. Investors still seem pretty excited about the outlook for the metals, too. If you are comparing this pair of miners, however, you need to look past the forecast for copper and gold and focus on risk. And on that score, Barrick is the better choice right now.
17 February, 2017 by The TZ Newswire Staff Comments Off on 3 Biggest Takeaways From Tile Shop Holdings, Inc. Earnings
3 Biggest Takeaways From Tile Shop Holdings, Inc. Earnings
When specialty tile retailer Tile Shop Holdings, Inc. (NASDAQ: TTS), reported fourth quarter earnings before the market opened on Feb. 14, the market wasn’t happy with the results, dropping the stock by more than 13% by the end of the day. As of this writing, shares have rebounded a little, but are still well below the 2017 high.
17 February, 2017 by The TZ Newswire Staff Comments Off on North Koreans could learn of Kim Jong Un half-brother’s death by loudspeaker
North Koreans could learn of Kim Jong Un half-brother’s death by loudspeaker
South Koreans want their northern neighbors, who are only fed propaganda, to know what really happened, NBC News reports.
17 February, 2017 by The TZ Newswire Staff Comments Off on The S&P could hit 2,500 by the end of the year: Yardeni
The S&P could hit 2,500 by the end of the year: Yardeni
Stocks could see a further 6 percent rise this year, according to strategist Ed Yardeni.
17 February, 2017 by The TZ Newswire Staff Comments Off on LiLAC Group’s 2016 Results: Driven by Acquisitions
LiLAC Group’s 2016 Results: Driven by Acquisitions
LiLAC Group (NASDAQ: LILAK) continues to struggle a bit absorbing the major acquisition of CWC, and failing to experience much subscriber growth. But this is really a time that LiLAC Group is setting up its business for future growth, consolidating its capabilities, and figuring out a broad growth strategy.
The numbers from the fourth quarter are a little skewed by the CWC acquisition, but below I’ll put a bit of context to the raw numbers.
Image source: Getty Images.
17 February, 2017 by The TZ Newswire Staff Comments Off on Prominent Investor Mika Ihamuotila Takes Equity Stake in Invesdor
Prominent Investor Mika Ihamuotila Takes Equity Stake in Invesdor
Mika Ihamuotila, Chairman – Owner of Finish fashion and design company Marimekko, has invested in European investment crowdfunding platform Invesdor. Details of the investment were not released. Ihamuotila is well known in Finland and is also a Board member of Rovio/Angry Birds and Sanoma. He… Read More
17 February, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs warns on rising US mortgage rates
Goldman Sachs warns on rising US mortgage rates
Goldman Sachs notes a threat to housing
– Goldman Sachs sees US 30-year conventional mortgage rates rising 150 bps by 2019
– Sees a possible 50 bps increase in mortgage rates due to mortgage finance reform
The latest numbers show the average 30-year fixed rate at 4.15%.