23 February, 2017 by The TZ Newswire Staff Comments Off on EIA Reports Minor Build in Crude Inventories, Draw in Gasoline Stocks
EIA Reports Minor Build in Crude Inventories, Draw in Gasoline Stocks
After three straight weeks of builds in commercial oil inventories, today, the EIA had some more bad news for traders. The authority reported a build of 600,000 barrels, a day after the American Petroleum Institute estimated commercial…
23 February, 2017 by The TZ Newswire Staff Comments Off on ForexLive Americas FX news wrap: Slowdown in Washington
ForexLive Americas FX news wrap: Slowdown in Washington
Forex news for US trading on Feb 23, 2017:
Markets:
– Gold up $12 to $1250
– S&P 500 up 2 points to 2356
– US 10-year yields down 3 bps to 2.38%
– WTI crude up 79-cents to $54.39
The market wants the goodies. The USD really in the election aftermath was predicated on a long slate of promises around regulation, taxes and infrastructure spending. What’s becoming increasingly clear is how tough it will be to deliver, even with full Republican control.
23 February, 2017 by The TZ Newswire Staff Comments Off on Online Ad Problem Yielding More Slow Websites
Online Ad Problem Yielding More Slow Websites
A recent report suggests that a surplus of ads has yielded several quality issues on the web pages that support them.
23 February, 2017 by The TZ Newswire Staff Comments Off on Here’s Why Infrastructure Stocks Are Being Taken to the Woodshed
Here’s Why Infrastructure Stocks Are Being Taken to the Woodshed
Shares of a number of commodity and infrastructure companies are being hit hard today after a new report emerged suggesting that President Trump may not tackle one of his largest economic promises until 2018. Being hit especially hard are:
23 February, 2017 by The TZ Newswire Staff Comments Off on Why Shares of AXT Inc. Moved Higher Today
Why Shares of AXT Inc. Moved Higher Today
Shares of semiconductor substrate manufacturer AXT Inc. (NASDAQ: AXTI) jumped on Thursday following the company’s fourth-quarter report. Revenue and earnings rose on a year-over-year basis, beating analyst estimates substantially. The stock was up 14% at 2:45 p.m. EST.
AXT reported fourth-quarter revenue of $20.3 million, up 12.3% year over year and about $1.2 million higher than the average analyst estimate. Full-year revenue was $81.3 million, up from $77.5 million in 2015. CEO Morris Young pointed to diversification as a key driver of the company’s growth.
23 February, 2017 by The TZ Newswire Staff Comments Off on Trump tells Reuters he wants to expand nuclear arsenal, make US ‘top of the pack’
Trump tells Reuters he wants to expand nuclear arsenal, make US ‘top of the pack’
President Trump says the United States has fallen behind in its atomic weapons capacity.
23 February, 2017 by The TZ Newswire Staff Comments Off on AMC Networks Inc. Focuses on Content
AMC Networks Inc. Focuses on Content
AMC Networks (NASDAQ: AMCX) released fourth-quarter earnings on Thursday morning. Investors were quick to embrace the reported numbers, sending AMC’s share prices more than 17% higher in the morning’s trading session. The stock was up just 3% at 3 p.m. Thursday.
Here’s a closer look at AMC’s report.
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