8 November, 2017 by The TZ Newswire Staff Comments Off on Global Labor and Capacity
Global Labor and Capacity
By Gary Shilling – The Fed is thoroughly convinced that the headline unemployment rate, now 4.2%, is so low that it will soon spawn significant wage inflation that, if left unchecked, will spread throughout the economy. The central bankers fervently believe…
8 November, 2017 by The TZ Newswire Staff Comments Off on Strong Sales for the iPhone X
Strong Sales for the iPhone X
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In fact, the iPhone X sold out in 20 big cities in less than three days.
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8 November, 2017 by The TZ Newswire Staff Comments Off on Here’s Why Editas Medicine Collapsed at Market Open Today
Here’s Why Editas Medicine Collapsed at Market Open Today
Shares of CRISPR gene-editing pioneer Editas Medicine (NASDAQ: EDIT) fell 12.1% shortly after the market opened Wednesday morning. Why? Although the company reported third-quarter 2017 earnings Tuesday afternoon, there weren’t any surprises that should have spooked investors. Indeed, as of 11:47 a.m. EST, the stock had clawed its way back to a far narrower 1.8% loss.
8 November, 2017 by The TZ Newswire Staff Comments Off on John Cryan Tells Deutsche Bank Employees That There Are Far Too Many Of Them
John Cryan Tells Deutsche Bank Employees That There Are Far Too Many Of Them
The most beloved boss in finance is ready to replace about half of his people with robots.
8 November, 2017 by The TZ Newswire Staff Comments Off on White House Moves To Formally Reverse Obama-Era Detente With Cuba
White House Moves To Formally Reverse Obama-Era Detente With Cuba
After months of blustery rhetoric and half measures, the White House is finally taking steps to undo another one of former President Barack Obama’s legacy-defining foreign-policy accomplishments.
8 November, 2017 by The TZ Newswire Staff Comments Off on Shares of Flotek Industries Tank on Earnings Loss
Shares of Flotek Industries Tank on Earnings Loss
Shares of Flotek Industries (NYSE: FTK) are down 16.3% as of 11:15 a.m. EST today. Much today’s decline has to do with Flotek’s earnings that fell into the loss column for the quarter.
Flotek reported a net loss of $0.06 per share compared to a $0.03 per share loss this time last year. Revenue for the quarter came in at $79.5 million, which was a 23% increase from last year but a slight declined compared to the second quarter. Just for reference, Wall Street analyst estimates had Flotek producing a $0.02 per share gain in the quarter.
8 November, 2017 by The TZ Newswire Staff Comments Off on Take Two Interactive
Take Two Interactive
TTWO
$120
This thing reported last night and it was so bad it was halted.
Its up $14 on light volume pre-market.
There’s some fake news out there that said they beat.
Somethings up. North of $120 this thing has to be a screaming short. I mean their quarter was terrible.