3 August, 2017 by The TZ Newswire Staff Comments Off on Burned by a Bad Downgrade, Merrill Lynch Changes Its Tune on Oshkosh Stock
Burned by a Bad Downgrade, Merrill Lynch Changes Its Tune on Oshkosh Stock
Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope…
3 August, 2017 by The TZ Newswire Staff Comments Off on 1 Big Thing TJX Bears are Overlooking
1 Big Thing TJX Bears are Overlooking
Off-price giant TJX (NYSE: TJX) has been one of the biggest retail success stories of the past decade. It has posted steady comparable-store sales growth, even as many of its rivals in the apparel and home furnishings markets have faltered in the face of rising e-commerce competition.
3 August, 2017 by The TZ Newswire Staff Comments Off on Service sector grows slower than expected in July
Service sector grows slower than expected in July
Non-manufacturing economic activity was expected to reflect strength in July.
3 August, 2017 by The TZ Newswire Staff Comments Off on Archrock Partners’ Long-Awaited Turnaround Started in the Second Quarter
Archrock Partners’ Long-Awaited Turnaround Started in the Second Quarter
This most recent quarter may have been the turning point that investors in Archrock Partners (NASDAQ: APLP) have been waiting for. Last quarter, there was a high rate of order activity and higher contract prices for gas compression horsepower. These factors increased the partnership’s revenue and cash flow for the first time in over a year. It wasn’t a monumental change, but every recovery starts with the end of the decline, right?
3 August, 2017 by The TZ Newswire Staff Comments Off on BMW AG Earnings: New 5 Series Drives 7.5% Profit Gain
BMW AG Earnings: New 5 Series Drives 7.5% Profit Gain
German luxury-car maker BMW AG (NASDAQOTH: BAMXF) said that its operating income rose 7.5% in the second quarter, to 2.93 billion euros ($3.47 billion), as strong global sales of its all-new 5 Series sedan more than offset weakening demand for luxury vehicles in the important U.S. market.
Financial results are shown in millions of euros. As of August 3, 1 euro = about $1.19.
Data source: BMW AG. “Ppts” = percentage points.
3 August, 2017 by The TZ Newswire Staff Comments Off on USD/JPY a few pips away from a seven-week low after breaking 110.00
USD/JPY a few pips away from a seven-week low after breaking 110.00
US dollar weaker after ISM non-manufacturing survey
The sign of a struggling market is when it can’t get any momentum on good news and gets beaten up badly on any sign of bad news.
3 August, 2017 by The TZ Newswire Staff Comments Off on The new craze on campus: Building wealth
The new craze on campus: Building wealth
Students now focus on savings and investing.