22 February, 2017 by The TZ Newswire Staff Comments Off on DuPont, Nike Lead Dow Higher Wednesday
DuPont, Nike Lead Dow Higher Wednesday
DuPont, Nike, 3M, and Wal-Mart all post gains to lead DJIA higher Wednesday.
22 February, 2017 by The TZ Newswire Staff Comments Off on Blackstone, Fairstead sell 18-story Kips Bay rental for $52M
Blackstone, Fairstead sell 18-story Kips Bay rental for $52M
Blackstone Group and Fairstead Capital quietly sold an 18-story Kips Bay rental building to Adam and Aaron Daniels’ A.D. Real Estate Investors for $52 million, sources told The Real Deal. Since the firms paid $690 million for the Caiola family’s 24-building Manhattan multifamily portfolio in 2015, they have quietly looked to sell at least a few of the properties, despite frequently touting their multifamily investments as long-term plays.
22 February, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Second Theranos lab has blood-testing license revoked
The Wall Street Journal: Second Theranos lab has blood-testing license revoked
Centers for Medicare and Medicaid Services imposes most serious sanctions on Arizona lab, which Theranos can appeal.
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22 February, 2017 by The TZ Newswire Staff Comments Off on Bond Report: Treasury yields decline after Fed minutes
Bond Report: Treasury yields decline after Fed minutes
Treasury yields declined on Wednesday after minutes from the Federal Reserve’s latest policy meeting showed that officials were concerned about the uncertainty surrounding the timing and scope of President Donald Trump’s fiscal policies.
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22 February, 2017 by The TZ Newswire Staff Comments Off on Two Currency Traders Jailed in Singapore for Cheating Deutsche Bank and HSBC
Two Currency Traders Jailed in Singapore for Cheating Deutsche Bank and HSBC
The traders transacted around $1.1 billion US dollars in false trades in 2009, using the names of family members.
22 February, 2017 by The TZ Newswire Staff Comments Off on The Fed: Fed minutes show support for rate hike ‘fairly soon’
The Fed: Fed minutes show support for rate hike ‘fairly soon’
Federal Reserve officials thought interest rates would need to be increased “fairly soon” but they were hamstrung by uncertainty over fiscal policy, according to minutes of their meeting earlier this month released Wednesday.
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22 February, 2017 by The TZ Newswire Staff Comments Off on A Look at Solar Energy Earnings
A Look at Solar Energy Earnings
Shares of First Solar and SunPower went on a roller coaster ride in wake of latest reports.