24 August, 2017 by The TZ Newswire Staff Comments Off on Moody’s economist: The Fed still needs to convince the market that more hikes are coming
Moody’s economist: The Fed still needs to convince the market that more hikes are coming
The Fed must work to convince skeptical markets rate hikes are coming, said Moody’s Chief Economist Mark Zandi.
24 August, 2017 by The TZ Newswire Staff Comments Off on Why Beacon Roofing Supply Stock Jumped 10% on Thursday
Why Beacon Roofing Supply Stock Jumped 10% on Thursday
Shares of Beacon Roofing Supply (NASDAQ: BECN) closed up 9.8% Thursday, after the company revealed an agreement to add one of the country’s largest exterior and interior building products distributors to its business. Specifically, Beacon will be buying CRH plc‘s (NYSE: CRH) Allied Building Products Corp. subsidiary for $2.624 billion cash.
24 August, 2017 by The TZ Newswire Staff Comments Off on Envestnet Offers Long/Short Equity Strategies To RIAs
Envestnet Offers Long/Short Equity Strategies To RIAs
A unit of Chicago-based Envestnet is now providing financial advisors with access to a range of alternative long/short equity strategies on the company’s platform through separately managed accounts.
24 August, 2017 by The TZ Newswire Staff Comments Off on Japan slaps additional sanctions on North Korea, freezes assets of 6 entities and 2 individuals
Japan slaps additional sanctions on North Korea, freezes assets of 6 entities and 2 individuals
Japan freezes assets of 6 North Korea entities and 2 individuals
24 August, 2017 by The TZ Newswire Staff Comments Off on Senate Declares War On Assange
Senate Declares War On Assange
An angry Julian Assange slammed efforts to officially classify his whistleblowing organization as a “non-state hostile intelligence service“, decrying it as an attempt to put the “Pompeo Doctrine” into law. In its annual “intelligence authorization”, the Senate Intelligence Committee proposed to effectively declare WikiLeaks a terrorist media organization.
24 August, 2017 by The TZ Newswire Staff Comments Off on Samsung launched a new phone and saw record profits — but its chief could soon end up in jail
Samsung launched a new phone and saw record profits — but its chief could soon end up in jail
A South Korean court will decide if Samsung’s Jay Y. Lee is guilty of corruption after he was accused of paying bribes.
24 August, 2017 by The TZ Newswire Staff Comments Off on Chinese national arrested in Los Angeles on US hacking charge
Chinese national arrested in Los Angeles on US hacking charge
U.S. authorities accused a Chinese national of providing malware linked to theft of millions of state workers’ records.