30 August, 2017 by The TZ Newswire Staff Comments Off on Crude oil prices slip, gasoline jumps as Storm Harvey shuts down refineries
Crude oil prices slip, gasoline jumps as Storm Harvey shuts down refineries
Oil prices slid on Wednesday as refinery shutdowns in the wake of Hurricane Harvey cut U.S. demand for crude.
30 August, 2017 by The TZ Newswire Staff Comments Off on Top Bank Executives Are Suddenly Selling Their Companies’ Shares (XLF)
Top Bank Executives Are Suddenly Selling Their Companies’ Shares (XLF)
From Tyler Durden: “Credit risk is ricocheting back as a legitimate concern after years of hibernation,” warns David Hendler, founder and principal at Viola Risk Advisors, who considers recent share sales by executives at the big retail banks, in particular, to be smart, as consumer portfolios are showing signs of strain.
30 August, 2017 by The TZ Newswire Staff Comments Off on U.S. Equity ETFs Endure Record Streak Of Outflows (SPY)
U.S. Equity ETFs Endure Record Streak Of Outflows (SPY)
From Zacks: U.S. equity funds witnessed outflows of $30 billion since late June through August 23, 2017, per a Bank of America report citing EPFR Global data. Funds saw investors pulling out $2.6 billion in the 10th consecutive week, the longest stretch since 2004.
30 August, 2017 by The TZ Newswire Staff Comments Off on BofAML: What’s the trade in commodity FX?
BofAML: What’s the trade in commodity FX?
Bank of America Merrill Lynch recommends going long USDCAD
CAD strength will become a bigger concern for the BoC with the trade balance deteriorating sharply
Also, mentions that the “AUD real effective exchange rate is close to fair value” while the “RBNZ is likely to maintain its stance that a lower NZD exchange rate is needed, but
30 August, 2017 by The TZ Newswire Staff Comments Off on 3 Stocks That Could Be Life-Changers
3 Stocks That Could Be Life-Changers
Most investors dream of “life-changing” stocks — investments that deliver such huge returns over the years that they really do change the way we live.
30 August, 2017 by The TZ Newswire Staff Comments Off on Bain-led consortium in last-minute $18 billion bid for Toshiba chip unit – source
Bain-led consortium in last-minute $18 billion bid for Toshiba chip unit – source
A consortium led by Bain Capital and including Apple Inc has offered a revised last-ditch bid for Toshiba Corp’s prized memory chip unit worth about 2 trillion yen ($18.2 billion), a source with direct knowledge of the matter said.
30 August, 2017 by The TZ Newswire Staff Comments Off on 2 Dividend Stocks for Baby Boomers
2 Dividend Stocks for Baby Boomers
America’s baby-boomer generation is driving the biggest mass retirement trend in America’s history. Between now and 2029, an average of 3 million baby boomers will turn 65 every year. And while a significant portion of this group will work past age 65, millions plan to retire as early as they can.