30 June, 2017 by The TZ Newswire Staff Comments Off on Why American Outdoor Brands and Sturm, Ruger Stocks Got Rocked Today
Why American Outdoor Brands and Sturm, Ruger Stocks Got Rocked Today
Shares of gunsmiths American Outdoor Brands (NASDAQ: AOBC) and Sturm, Ruger (NYSE: RGR) both sank nearly 10% in early trading Friday, and their distant rival Vista Outdoor (NYSE: VSTO) sank about 4% as well. All three stocks have recovered somewhat, but as of 1:30 p.m. EDT, Sturm, Ruger stock was still down 7.2%, American Outdoor 4%, and Vista 2%.
Call it collateral damage. On Thursday, American Outdoor Brands reported its fiscal Q4 and full-year earnings, which at first glance looked like good news.
30 June, 2017 by The TZ Newswire Staff Comments Off on Markets continue to adjust to hawkish shift from central banks
Markets continue to adjust to hawkish shift from central banks
The British pound/U.S. dollar (GBP/USD) currency pair breaks 1.30 and nears nine-month high; spike in European yields may be adding equities to slip in recent days; Plenty of data today as central bankers take a day off.
30 June, 2017 by The TZ Newswire Staff Comments Off on Reverse the curse on crude
Reverse the curse on crude
President Donald Trump lays out his bold plan for U.S. energy dominance but the real challenge will be to reverse the curse that has plumaged many oil nations. The President said that the golden era of American energy is now underway. “We have so much more [energy] than we ever thought possible…We don’t want to let other countries take away our sovereignty and tell us what to do…We will be dominant.
30 June, 2017 by The TZ Newswire Staff Comments Off on US: New Sanctions Against North Korea Target China, Too
US: New Sanctions Against North Korea Target China, Too
By Stratfor – The US Department of the Treasury unveiled new sanctions June 29 targeting Chinese entities allegedly acting as fronts for North Korean interests, including the Dalian Global Unity Shipping Company and two Chinese nationals.
30 June, 2017 by The TZ Newswire Staff Comments Off on The Good, the Bad, and the Ugly of Annuities
The Good, the Bad, and the Ugly of Annuities
By FS Staff – Confused about annuities? Don’t be! Here’s what you need to know about them, including how they work, when they might be a bad fit, and, especially, why they sometimes get a bad rap if those selling them don’t explain…
30 June, 2017 by The TZ Newswire Staff Comments Off on Beyond Bitcoin
Beyond Bitcoin
By Monty Guild and Tony Danaher – Last week we wrote a simple introduction to digital currencies, describing the motivation of their creators, the technologies that underlie them, and some of the pitfalls that may be waiting for…
30 June, 2017 by The TZ Newswire Staff Comments Off on ARMSTRONG: Major Central Bank May Fail Next Year
ARMSTRONG: Major Central Bank May Fail Next Year
By FS Staff – Many analysts are fearful of an impending downturn as early as next year. In an exclusive interview with FS Insider, legendary forecaster Martin Armstrong explained his outlook on the global economy and markets, including a bold call…