13 March, 2017 by The TZ Newswire Staff Comments Off on Merrill Considers Alternatives to Fee-Only Model
Merrill Considers Alternatives to Fee-Only Model
In the wake of the fiduciary rule, Merrill Lynch is dropping commission-based transactions from all of its retirement accounts, with possible exceptions.
13 March, 2017 by The TZ Newswire Staff Comments Off on Azimuth Development files plans for 275-unit Bronx complex
Azimuth Development files plans for 275-unit Bronx complex
Guido Subotovsky’s Azimuth Development Group is teaming up with the Upper Manhattan Development Corp. to build a trio of apartment buildings in the South Bronx that will bring 275 rental apartments to the neighborhood. The three buildings will have addresses at 707 Concourse Village West, 702 Grand Concourse and 180 East 156th Street, according to plans Azimuth filed with the city’s Department of Buildings.
13 March, 2017 by The TZ Newswire Staff Comments Off on Forexlive Americas forex news wrap: Quiet start to the week as traders await the storm
Forexlive Americas forex news wrap: Quiet start to the week as traders await the storm
Forex news for NY trading on March 13, 2017.
In other markets:
– US stocks were little changed. S&P +0.04%, Nasdaq up +0.24%. Dow -0.10%
– US yields were higher: 2 year 1.371%, +1.8 bp. 5 year 2.138%. +3.7 bp. 10 year 2.625%, +5.1 bp
The NA session was very quiet today with little in the way of economic releases. Perhaps a winter blizzard whiich is making it’s way toward the NY metropolitan region, had traders thinking about getting out of the city and back home.
13 March, 2017 by The TZ Newswire Staff Comments Off on Economic data due from Asia today – China data the focus
Economic data due from Asia today – China data the focus
The calendar is not packed, but what is on it will be significant
From the top …
2130GMT –
Reserve Bank of Australia speaker
– Michele Bullock, Assistant Governor (Financial System), at the Bloomberg Breakfast, Sydney
2230GMT – Australia – weekly consumer sentiment
13 March, 2017 by The TZ Newswire Staff Comments Off on Cantel Medical Corp. Posts Double-Digit Growth Across the Board
Cantel Medical Corp. Posts Double-Digit Growth Across the Board
On Thursday, Cantel Medical (NYSE: CMD) reported revenue and earnings for its second fiscal quarter, posting solid double-digit growth on both the revenue and earnings line.
Metric
Q2 2017
13 March, 2017 by The TZ Newswire Staff Comments Off on Is Corning’s Dividend Safe?
Is Corning’s Dividend Safe?
Corning Inc. (NYSE: GLW) recently announced a two-cent increase to its quarterly dividend, bringing it to $0.155 per share, which results in a 2.2% annual yield at the stock’s March 9 closing price. With the 15% bump in dividend comes a big question: How safe is the dividend?
13 March, 2017 by The TZ Newswire Staff Comments Off on 3 Reasons to Expect a Big Dividend Hike From Procter & Gamble Co. in April
3 Reasons to Expect a Big Dividend Hike From Procter & Gamble Co. in April
Procter & Gamble (NYSE: PG) has raised its dividend for 60 consecutive years in one of the stock market’s longest such streaks. The owner of global consumer brands such as Pampers, Gillette, and Bounty also boasts one of the biggest payouts around, having delivered over $60 billion to investors since 2005.
Its latest dividend boost was shockingly small, though, stopping at less than 1%. Yet investors have good reasons to believe that this year’s increase, likely to be announced in April, will be significantly bigger.