24 March, 2017 by The TZ Newswire Staff Comments Off on Ambani’s Reliance Industries Fined By India Stock Regulator
Ambani’s Reliance Industries Fined By India Stock Regulator
Investigation in a decade old case leads to the big fine
24 March, 2017 by The TZ Newswire Staff Comments Off on Plans filed for “upscale religious housing” at former Pfizer site
Plans filed for “upscale religious housing” at former Pfizer site
Developer Abraham Brach and Parkview Management plan to build a mixed-use apartment building at Pfizer’s former site on Gerry Street in South Williamsburg, according to documents filed with the city’s Department of Buildings. Parkview, led by Juda Klein, filed plans on Friday for a 41-unit apartment building at 58 Gerry Street. Parkview’s Ben Frances told The Real Deal that the company has an ownership stake in the project and will serve as general contractor. He […]
24 March, 2017 by The TZ Newswire Staff Comments Off on Dear Fed: This Is Where The Inflation You Are Looking For Is "Hiding"
Dear Fed: This Is Where The Inflation You Are Looking For Is "Hiding"
The Fed’s most recurring lament over the past 8 years, ever since the Financial crisis, is that there has been no measurable inflation in the US economy when using such conventional indicators as CPI, even though according to recent measurements by PriceStats real inflation, not the BLS’ seasonally-adjusted, goalseeked and politically convenient mutant, is now running at a blistering 3.6%, the highest in five years.
24 March, 2017 by The TZ Newswire Staff Comments Off on Top Stock In This Red-Hot Group Hits New High
Top Stock In This Red-Hot Group Hits New High
The once-hot fiber-optic stocks are heating up again, jumping to No. 4 among IBD’s 197 industry groups from No. 155 six weeks ago.
Telecom-Fiber Optics surged nearly 5% Wednesday, and was on track to follow up Friday with a 3% gain. Analysts still expect consolidation to occur, following the industry’s Optical Fiber Communication, or OFC, exhibition, which wrapped up Thursday in Los Angeles.
24 March, 2017 by The TZ Newswire Staff Comments Off on FBI Director Comey Unexpectedly Shows Up At The White House
FBI Director Comey Unexpectedly Shows Up At The White House
ABC’s Jennfier Hasler reports that FBI Director James Comey is at The White House and has had no response from either The FBI or White House as to why…
.@FBI Director Comey has been here at White House for past 30 minutes or so per @JaxAlemany. Unclear who he is meeting with now.
24 March, 2017 by The TZ Newswire Staff Comments Off on WATCH: Where NYC’s 10 richest real estate tycoons landed on Forbes’ billionaires list
WATCH: Where NYC’s 10 richest real estate tycoons landed on Forbes’ billionaires list
This week, Forbes released its 2017 World’s Billionaires list and though many made the cut, none of New York’s real estate magnates cracked the top 100. Stephen Schwarzman ranked highest of all the moguls. However, when placed among the cohort of international billionaires, the Blackstone Group CEO’s $11.7 billion net worth left him at the 112th slot. Other NYC real estate players who made the list include Stephen Ross, Richard LeFrak and a certain developer-turned-president, Donald Trump. To find out where exactly the city’s real estate billionaires placed […]
24 March, 2017 by The TZ Newswire Staff Comments Off on VIX Options Activity Spikes Most Since Brexit As Healthcare Vote Looms
VIX Options Activity Spikes Most Since Brexit As Healthcare Vote Looms
With tail risk hedges (SKEW) at record highs, and normal risk hedges (VIX) beginning to rise, it appears anxiety over Trump-Trades is growing.
We would expect SKEW to drop and VIX to rise as traders shift from expensive tail hedges to cheap ‘normal’ hedges – which will weigh on stocks overal..
