8 September, 2017 by The TZ Newswire Staff Comments Off on Insurers brace for a 1-in-100 year storm as Irma bears down on Florida
Insurers brace for a 1-in-100 year storm as Irma bears down on Florida
Hurricane Irma could be a big deal for reinsurers, since many of the insurance claims are likely to hit smaller regional insurance companies that rely on them for a backstop.
8 September, 2017 by The TZ Newswire Staff Comments Off on A Perfect Storm Cut Teva Pharmaceutical Industries’s Stock in Half in August
A Perfect Storm Cut Teva Pharmaceutical Industries’s Stock in Half in August
Shares of Teva Pharmaceutical Industries (NYSE: TEVA), an Israeli-based developer of branded and generic drugs, imploded in August and lost 51% of its market cap, according to data from S&P Global Market Intelligence. While a perfect storm of issues influenced Teva’s terrible month, most of the blame can be pointed at the company’s second-quarter earnings release.
8 September, 2017 by The TZ Newswire Staff Comments Off on Forex technical analysis: EURGBP squeaks out a new week low, but…
Forex technical analysis: EURGBP squeaks out a new week low, but…
…stalls ahead of trend line target at 0.9109
The EURGBP has tumbled back lower in trading today after the sharp move higher yesterday. The launch point yesterday was a lower trend line connecting the lows from September 1, 5 and 6th. That lower trend line is getting close again at 0.9109 currently. The low has
8 September, 2017 by The TZ Newswire Staff Comments Off on HNA exec says company has “nothing to hide”
HNA exec says company has “nothing to hide”
HNA Group’s chief investment officer said the company has “nothing to hide” when asked about the firm’s complex ownership structure. At a conference in Hong Kong Friday hosted by the American Chamber of Commerce, HNA executive James Wang said the company is private and has no obligation to disclose shareholder information, but nonetheless plans to be “even more transparent” in the future, the Wall Street Journal reported. HNA purchased trophy office tower 245 Park Avenue […]
8 September, 2017 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Here are the cities that meet the criteria for Amazon’s second headquarters
MarketWatch First Take: Here are the cities that meet the criteria for Amazon’s second headquarters
Amazon on Thursday announced it was looking for another city to host what it calls its second headquarters.
8 September, 2017 by The TZ Newswire Staff Comments Off on Wall St. set to open lower as Irma powers toward Florida
Wall St. set to open lower as Irma powers toward Florida
read more8 September, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Facebook is ponying up to spend $1 billion in its push for video
The Wall Street Journal: Facebook is ponying up to spend $1 billion in its push for video
Facebook Inc. is loosening its purse strings in its drive to become a major hub for video.
read more