8 September, 2017 by The TZ Newswire Staff Comments Off on Massive Sunspots and Huge Solar Flares Mean Unexpected Space Weather for Earth
Massive Sunspots and Huge Solar Flares Mean Unexpected Space Weather for Earth
By The Conversation – If you still have your solar viewing glasses from the eclipse, now is a good time to slap them on and look up at the sun. You’ll see two big dark areas visible on our star. These massive sunspots are regions…
8 September, 2017 by The TZ Newswire Staff Comments Off on Hurricanes, Earthquake Force Oil Shutdowns
Hurricanes, Earthquake Force Oil Shutdowns
By Oil Price – Hurricane Irma has prompted the shutdown of at least two oil storage complexes in the Caribbean, with a combined capacity of 18.6 million barrels, S&P Platts reports. One of these, a 14-million-barrel terminal on the island of…
8 September, 2017 by The TZ Newswire Staff Comments Off on Target to slash prices on thousands of items, sending shares tumbling
Target to slash prices on thousands of items, sending shares tumbling
Target said the price cuts would be on items including cereal, paper towels, baby formula, razors and bath tissue.
8 September, 2017 by The TZ Newswire Staff Comments Off on Why American Outdoor Brands Stock Just Crashed 15%
Why American Outdoor Brands Stock Just Crashed 15%
Shares of American Outdoor Brands (NASDAQ: AOBC) — formerly known as Smith & Wesson — crashed in early Friday trading after the gunsmith reported a small per-share loss for its fiscal first-quarter 2018. As of 11 a.m. EDT, the stock was down a good 15.5%.
First-quarter sales plunged 37.7% at American Outdoor Brands, landing with a thump at $129 million. Gross margins fell off a cliff, down an astounding 1,080 basis points to 31.5%. Given the magnitude of these declines, the fact that American Outdoor lost only $0.04 per share almost comes as a relief.
8 September, 2017 by The TZ Newswire Staff Comments Off on Oil Rig Count Drops by 3, Total Rigs Now Up 436 Year Over Year
Oil Rig Count Drops by 3, Total Rigs Now Up 436 Year Over Year
The number of onshore U.S. rigs drilling for oil onshore fell by three this week and the number of rigs drilling for natural gas rose by four.
8 September, 2017 by The TZ Newswire Staff Comments Off on Trouble Ahead for Crude Oil
Trouble Ahead for Crude Oil
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Seasonally speaking, crude oil (NYSEARCA:USO)tends to make significant price gains in the summer, as vacationers and the annual trek of students returning to college in August creates increased demand for unleaded gasoline.
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8 September, 2017 by The TZ Newswire Staff Comments Off on Either Equifax’s Execs Have Some Explaining To Do Or Equifax’s Other Execs Have Some Explaining To Do
Either Equifax’s Execs Have Some Explaining To Do Or Equifax’s Other Execs Have Some Explaining To Do
Equifax has offered two mutually incompatible justifications for their executives’ suspiciously timed insider sales.