3 August, 2017 by The TZ Newswire Staff Comments Off on Avon CEO To Depart As Barington Pressure Prevails
Avon CEO To Depart As Barington Pressure Prevails
Activist hedge fund manager James Mitarotonda has notched a victory in his battle with Avon Products as the cosmetics company announced Thursday that its CEO, Sherilyn McCoy, would step down at the end of March 2018.
3 August, 2017 by The TZ Newswire Staff Comments Off on ANZ on the AUD – "recent rally has pushed it above fundamental fair value"
ANZ on the AUD – "recent rally has pushed it above fundamental fair value"
ANZ in their weekly look at the forex market. This time their focus is on the Australian dollar.
They title it:
AUD, no more value here
In summary:
And, more:
3 August, 2017 by The TZ Newswire Staff Comments Off on Why Yelp Stock Soared
Why Yelp Stock Soared
Local business guide website Yelp absolutely shattered earnings and revenue estimates when it reported second quarter results and guided third quarter revenues and EBITDA.
3 August, 2017 by The TZ Newswire Staff Comments Off on Trump speech targeting Chinese intellectual property and trade practices postponed, sources say
Trump speech targeting Chinese intellectual property and trade practices postponed, sources say
The president was originally expected to criticize Beijing’s practices and sign a memo asking the U.S. trade representative to look into the matter.
3 August, 2017 by The TZ Newswire Staff Comments Off on Why Aluminum Giant Alcoa’s Stock Jumped 11.5% in July
Why Aluminum Giant Alcoa’s Stock Jumped 11.5% in July
The shares of Alcoa Corp. (NYSE: AA), one of the largest aluminum producers in the world, rose 11.5% last month. The bulk of that gain came after July 11, when it announced it was partially restarting a facility it had shuttered. That news was followed by a solid second-quarter earnings release on July 19. In sum, there appear to be a number of positives on the horizon.
Image source: Getty Images
3 August, 2017 by The TZ Newswire Staff Comments Off on Viacom shares jump nearly 4% after earnings beat expectations
Viacom shares jump nearly 4% after earnings beat expectations
Viacom reported quarterly earnings and revenue that beat analysts’ expectations.
3 August, 2017 by The TZ Newswire Staff Comments Off on VIX Daily Update: Volatility Creeps Higher Ahead of NFP Report
VIX Daily Update: Volatility Creeps Higher Ahead of NFP Report
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CBOE VIX climbs as stocks fall ahead of NFP report on Friday. The CBOE VIX (NYSEARCA:VXX) edged higher on Thursday, as markets traded in tepid fashion ahead of high profile jobs data. The Chicago Board Options Exchange (CBOE) Volatility Index rose 1.6% to 10.44. The index briefly fell below 10.00 before paring losses. Either way,…