6 July, 2017 by The TZ Newswire Staff Comments Off on The Walt Disney Company: The Bear Case From a Bull
The Walt Disney Company: The Bear Case From a Bull
Few businesses have as strong of a track record of long-term success and shareholder wealth creation as Walt Disney (NYSE: DIS). The entertainment titan’s empire spans across theme parks, cruise ships, movie studios, cable and broadcast TV properties, and a powerful consumer products division. Its vast collection of brands — including Pixar, Marvel, Lucasfilm, and, of course, Disney itself — is unmatched.
6 July, 2017 by The TZ Newswire Staff Comments Off on These 3 Stocks Just Raised Their Dividends
These 3 Stocks Just Raised Their Dividends
As expected, last week wasn’t a banner period for dividend raises. Yet it’s been a banner year for hikes. So, in true 2017 form, there were still a few stray companies boosting their payouts.
Three of those outliers were the following:
IMAGE SOURCE: GETTY IMAGES.
6 July, 2017 by The TZ Newswire Staff Comments Off on Ceruzzi, SMI land $200M bridge loan on 520 Fifth site
Ceruzzi, SMI land $200M bridge loan on 520 Fifth site
Ceruzzi Holdings and SMI USA secured a $200 million bridge loan from Mack Real Estate Credit Strategies for their development site at 520 Fifth Avenue, where construction costs are expected to exceed $500 million. The debt replaces a $130 million acquisition loan from JPMorgan Chase and will cover pre-development costs for the mixed-use tower, the Commercial Observer reported. The loan comes with an 18-month term with a one-year extension, and gives the developers time to […]
6 July, 2017 by The TZ Newswire Staff Comments Off on Russian Central Bank Plans to Limit the Size of Retail FX Business
Russian Central Bank Plans to Limit the Size of Retail FX Business
First Deputy Governor of the Bank of Russia shared his thoughts in an online Q&A via Facebook
6 July, 2017 by The TZ Newswire Staff Comments Off on Canada May building permits +8.9% vs +1.0% expected
Canada May building permits +8.9% vs +1.0% expected
Building permits jump in May
– Prior was -0.2% (revised to +0.5%)
A pickup in building would be another tailwind for the economy.
6 July, 2017 by The TZ Newswire Staff Comments Off on Canada May merchandise trade balance -1.09B vs -0.5B expected
Canada May merchandise trade balance -1.09B vs -0.5B expected
International merchandise trade balance for May
– Prior was -$0.37B (revised to -$0.55B)
This is a negative for CAD but the loonie has been brushing off bad news without any problem lately.
6 July, 2017 by The TZ Newswire Staff Comments Off on US initial jobless claims 248K vs 243K estimate
US initial jobless claims 248K vs 243K estimate
4 week average comes in at 243.0K vs 242.25K
The US initial jobless claims came in at 248K vs 243K estimate. The prior week came in at 244K.