20 June, 2017 by The TZ Newswire Staff Comments Off on Are Movie Theater Stocks a Buy?
Are Movie Theater Stocks a Buy?
The busy summer movie season is under way, and the stocks of the country’s three biggest theater chains — AMC Entertainment (NYSE: AMC), Regal Entertainment (NYSE: RGC), and Cinemark Holdings (NYSE: CNK) — kicked it off in a disappointing way. The culprit? Slowing growth expectations and a so far lackluster performance at the box office.
20 June, 2017 by The TZ Newswire Staff Comments Off on Crane drops load in Queens, injuring 3 people
Crane drops load in Queens, injuring 3 people
Three people are injured after a crane load dropped in Long Island City on Tuesday afternoon.
20 June, 2017 by The TZ Newswire Staff Comments Off on Sony Seeks $100,000 on Indiegogo For Coding & Robotics Kit “KOOV”
Sony Seeks $100,000 on Indiegogo For Coding & Robotics Kit “KOOV”
Tech giant Sony, in conjunction with Sony Global Education, has launched a crowdfunding campaign on Indiegogo to raise $100,000 for the coding and robotics kit, KOOV. KOOV is described as a robotics and coding educational kit that is made up of blocks, sensors, motors, and… Read More
20 June, 2017 by The TZ Newswire Staff Comments Off on ICO Blues: Status Raises $64 Million But Leaves Buyers Waiting
ICO Blues: Status Raises $64 Million But Leaves Buyers Waiting
A much-anticipated ICO helped a project called Status raise more than $60m in funds, though many would-be buyers were left locked out.
20 June, 2017 by The TZ Newswire Staff Comments Off on Emerging Markets Report: MSCI to add 222 China A shares in emerging-markets index
Emerging Markets Report: MSCI to add 222 China A shares in emerging-markets index
MSCI will include China’s A shares in its emerging markets index starting in June 2018, signaling a large scale repositioning of some $1.6 trillion in funds tracking the MSCI EM index.
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20 June, 2017 by The TZ Newswire Staff Comments Off on Scott Rechler joining MTA board
Scott Rechler joining MTA board
RXR Realty’s Scott Rechler was named as a member on the 17-person Metropolitan Transportation Authority board. Rechler, previously the vice chairman of the Port Authority of New York and New Jersey, was appointed to the board by Gov. Andrew Cuomo, Crain’s reported. The governor recently warned that New York City commuters are facing a “summer of hell” with delays and repairs at Penn Station causing LIRR and New Jersey Transit trains to be out of […]
20 June, 2017 by The TZ Newswire Staff Comments Off on FOMC Rate Hike Widely Derided
FOMC Rate Hike Widely Derided
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The FOMC met last week and of course hiked rates to a new range of 1.00%-1.25%. The move was widely expected, built into Fed Funds futures pricing but seems to be widely derided as well.
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