6 July, 2017 by The TZ Newswire Staff Comments Off on Tesla Loses Stranglehold as EV Revolution Accelerates
Tesla Loses Stranglehold as EV Revolution Accelerates
By Oil Price – Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it builds beginning in 2019 will have some…
6 July, 2017 by The TZ Newswire Staff Comments Off on Panicked BOJ Unleashes Bond Buying Bazooka: Offers To Buy Unlimited 10Y JGBs At 0.11%
Panicked BOJ Unleashes Bond Buying Bazooka: Offers To Buy Unlimited 10Y JGBs At 0.11%
During this morning’s bond rout when a poor French auction sparked a high-volume selloff in German Bunds which also hit Japanese JGBs before slamming US TSYs, Goldman said that “with 10Y JGBs closing at 0.095 and getting hit at 10bp intraday, focus will be on how the BOJ will react tomorrow [i.e. now]. Opinions seem pretty split with some expecting an increase in purchase size in the 5-10 bucket, while others feel that the BOJ will let the 10Y run loose given the current sell off is more fundamental than event driven.
6 July, 2017 by The TZ Newswire Staff Comments Off on Costco Wholesale Corporation Stock: This Could Be a Great Time to Buy
Costco Wholesale Corporation Stock: This Could Be a Great Time to Buy
After years of steadily posting strong sales growth, Costco Wholesale (NASDAQ: COST) fell into a sales rut in early 2016. This sales slowdown persisted for more than a year. For example, in the first half of fiscal 2017, Costco’s comparable sales increased just 2% year over year.
6 July, 2017 by The TZ Newswire Staff Comments Off on Why Exact Sciences Corp. Fell 7.5% In June
Why Exact Sciences Corp. Fell 7.5% In June
A big run-up in Exact Sciences (NASDAQ: EXAS) shares in May led to management tapping investors for more funding in June, and that caused shares to slide 7.5%, according to S&P Global Market Intelligence.
6 July, 2017 by The TZ Newswire Staff Comments Off on Hackers targeting U.S. nuclear power plant operators: report
Hackers targeting U.S. nuclear power plant operators: report
Hackers have been targeting companies that operate nuclear power plants in the U.S.
6 July, 2017 by The TZ Newswire Staff Comments Off on Brevan Howard Master Fund Said To Suffer Fourth Consecutive Monthly Decline In June
Brevan Howard Master Fund Said To Suffer Fourth Consecutive Monthly Decline In June
The flagship macro hedge fund at London-based Brevan Howard reportedly lost money for the fourth straight month in June and booked the worst first-half start to a year since the fund’s inception in 2003.
6 July, 2017 by The TZ Newswire Staff Comments Off on FT: Australia forecasts iron ore to fall below $50 by 2018
FT: Australia forecasts iron ore to fall below $50 by 2018
The on the latest Australian Department of Industry Resources and Energy Quarterly report
Financial Times reporting
– Price will average $62 a tonne this year
Full FT report is at that link above.(It’s the FT, so may be gated)