20 April, 2017 by The TZ Newswire Staff Comments Off on Here’s Why Innoviva Inc. Lost 10% Today
Here’s Why Innoviva Inc. Lost 10% Today
Shares of Innoviva (NASDAQ: INVA), a biotechnology royalty company that develops respiratory therapeutics and is perhaps best known as GlaxoSmithKline‘s (NYSE: GSK) development partner for its multiple next-generation COPD and asthma products, fell as much as 11% on Thursday. The reason behind Innoviva’s bad day can be traced to a proxy battle with activist hedge fund Sarissa Capital Management over seats on its board.
20 April, 2017 by The TZ Newswire Staff Comments Off on What An Overhyped Silicon Valley Juice Company Tells Us About The U.S. Economy
What An Overhyped Silicon Valley Juice Company Tells Us About The U.S. Economy
20 April, 2017 by The TZ Newswire Staff Comments Off on Manhattan Associates Cuts Guidance on Retail-Market Headwinds
Manhattan Associates Cuts Guidance on Retail-Market Headwinds
The toughest thing in many businesses is getting goods to the right place at the right time. Supply-chain specialist Manhattan Associates (NASDAQ: MANH) works hard to provide tools that allow its customers to handle logistics more efficiently, and the company’s long-term growth has stemmed from its success in working with clients in many different industries.
20 April, 2017 by The TZ Newswire Staff Comments Off on Dycom Breaks Cup Resistance With Strong Volume
Dycom Breaks Cup Resistance With Strong Volume
Our major indices have been consolidating for many weeks and that’s enabled many individual stocks to consolidate in bullish continuation patterns. Dycom Industries (DY) is one such stock as it formed a long-term cup from early-August to late-February before printing a handle throughout March. The right side of the cup showed very heavy volume before volume tailed off as the handle formed. This week DY has broken out on extremely heavy volume as you can see below:
20 April, 2017 by The TZ Newswire Staff Comments Off on China Update – Why Is the Consensus Now So Optimistic?
China Update – Why Is the Consensus Now So Optimistic?
As long as China has debt capacity, it can achieve any GDP growth rate Beijing requires, simply by allowing credit to expand. But debt levels are already high, and credit must expand at an accelerating pace to maintain growth. China is probably still a few years away…
20 April, 2017 by The TZ Newswire Staff Comments Off on KCG shares jump on news of buyout by securities trading firm Virtu Financial
KCG shares jump on news of buyout by securities trading firm Virtu Financial
Shares of Virtu were also climbing Thursday on this news.
20 April, 2017 by The TZ Newswire Staff Comments Off on A snapshot of the strongest and weakest currencies today
A snapshot of the strongest and weakest currencies today
April 20, 2017. The AUD is the strongest The JPY is the weakest.
The snapshot of the % changes of the major currencies vs each other shows that the AUD is the strongest, while the JPY is the weakest.