9 June, 2017 by The TZ Newswire Staff Comments Off on Tillerson Tells Arab States To Lift Qatar Blockade: "It’s Hindering The Campaing Against ISIS"
Tillerson Tells Arab States To Lift Qatar Blockade: "It’s Hindering The Campaing Against ISIS"
Secretary of State Rex Tillerson called on the Saudi Arabia-led coalition, which includes UAE, Bahrain and Egypt and others, to lift its blockade of Qatar, saying that the cutoff is hindering the fight against the (Qatar-funded) Islamic State. Tillerson also said the blockade had led to food shortages and forced families to uproot themselves and pull their children from school.
“We believe there are unintended consequences, especially during this holy month of Ramadan but they can be addressed immediately,” Tillerson said.
9 June, 2017 by The TZ Newswire Staff Comments Off on How Risky Is Philip Morris International, Inc.?
How Risky Is Philip Morris International, Inc.?
Tobacco stocks have often inspired a mix of fear and greed among investors, as the industry has produced immense profits but also faced major risks and challenges. Philip Morris International (NYSE: PM) in particular has had to deal with a wide variety of regulatory environments worldwide, but it has worked toward aiming to reduce health risks for its customers through innovations like the iQOS heated-tobacco product and other modified-risk offerings.
9 June, 2017 by The TZ Newswire Staff Comments Off on RBC’s Mean Reversion Model Is "Exploding Higher" As The "Rotation" Begins
RBC’s Mean Reversion Model Is "Exploding Higher" As The "Rotation" Begins
RBC’s head of cross-asset strategy, Charlie McElligott warns that “it’s now clear that as I’ve been anticipating, there is a significant amount of equities buy-side discomfort as consensual positioning is now driving the first period of sustained market underperformance in some time, all on account of the flagged factor-rotation I’ve been focused-upon.”
9 June, 2017 by The TZ Newswire Staff Comments Off on Forex technical analysis: EURUSD moves up to resistance zone
Forex technical analysis: EURUSD moves up to resistance zone
The 1.1196-1.1208 area is resistance
The EURUSD has pushed higher and trades up to a resistance area defined by the 50% of the range since May 30, the lows from June 2 and June 6th and the 100 bar MA on the 4-hour chart. All come between 1.1196-1.1208.
9 June, 2017 by The TZ Newswire Staff Comments Off on Why Teekay Corporation and Teekay Offshore Partners Got Fried on Friday
Why Teekay Corporation and Teekay Offshore Partners Got Fried on Friday
Shares of Teekay Corporation (NYSE: TK) and of its Teekay Offshore Partners (NYSE: TOO) subsidiary are down 6.1% and 19.5%, respectively, as of 12:15 p.m. EDT.
This morning, investment banker Morgan Stanley cut its rating on both stocks from “equalweight” to “underweight.”
9 June, 2017 by The TZ Newswire Staff Comments Off on Heller Realty sells Elmhurst rental for $23M
Heller Realty sells Elmhurst rental for $23M
Heller Realty sold one of the few Queens buildings in its Brooklyn-centric multifamily portfolio – a 96-unit rent-stabilized property in Elmhurst – for $23.4 million, sources told The Real Deal. Longtime Queens landlord Antonio Feggoudakis closed this week on the purchase of the six-story, 89,300-square-foot building at 89-10 Whitney Avenue, sources said. The price clocked in at about $260 per square foot and $243,000 per unit. The building is located a few blocks from the […]
9 June, 2017 by The TZ Newswire Staff Comments Off on Sirius XM and Pandora Strike a Win-Win Deal
Sirius XM and Pandora Strike a Win-Win Deal
Sirius XM Radio (NASDAQ: SIRI) and Pandora (NYSE: P) aren’t getting married, but they’ve agreed to keep spare toothbrushes in the other’s place.