Today: BLOOMBERG News, Feb 22, 2012

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Feb 22, 2012

BLOOMBERG News, Feb 22, 2012

The Note's Must-Reads for Wednesday, February 22, 2012
ABC News (blog)
The Boston Globe's Brian C. Mooney: “Obama donations fall short of '08” Campaign downplays import of Jan. Figures. President Obama did not raise as much money from supporters last month as he did during January 2008 in his first campaign for the White ...
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Aegis acquires leading US digital agency Roundarch
MarketWatch (press release)
BOSTON, Feb 22, 2012 (BUSINESS WIRE) -- Aegis Group plc ("Aegis"), the world's leading, focused media and digital communications group, today announced that it has reached agreement to acquire 100% of the holding company of Roundarch Inc. ("Roundarch") ...
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CORRECTING and REPLACING Aegis acquires leading US digital agency Roundarch
MarketWatch (press release)
BOSTON, Feb 22, 2012 (BUSINESS WIRE) -- The contact information for Donna Wiederkeher at Aegis Group plc has been removed and replaced with contact information for Sarah Block at Powell Communications. Aegis Group plc ("Aegis"), the world's leading, ...
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Critical Elements: Blue Note and Critical Elements Announce Updated ...
MarketWatch (press release)
MONTREAL, QUEBEC, Feb 22, 2012 (MARKETWIRE via COMTEX) -- Critical Elements Corporation (CVE:CA:CRE) (otcqx:CRECF)(frankfurt:F12) ("Critical Elements") and Blue Note Mining Inc. (CVE:CA:BNT) ("Blue Note") announce results from the updated ...
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European Stocks Fall on Worse-Than-Expected PMI Data; TUI Drops
BusinessWeek
By Corinne Gretler Feb. 22 (Bloomberg) -- European stocks retreated for a second day after a report showed services and manufacturing output in the euro area unexpectedly contracted in February. Straumann Holding AG, the world's biggest maker of dental ...
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Fuller Brush Files for Bankruptcy Protection After 'Reboot'
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Fuller Brush Co., founded in 1906 and known for its door-to-door salesmen, filed for bankruptcy less than two months after saying it had "completely rebooted itself." The cleaning-products company, based in Great Bend, Kansas, ...
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GM in Alliance Talks With Peugeot as European Sales Sink
San Francisco Chronicle
Feb. 22 (Bloomberg) -- General Motors Co. and PSA Peugeot Citroen are in talks to form a broad partnership as the two automakers struggle with declining car sales in Europe. The possible alliance may include developing engines and building vehicles ...
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New York London GMT Tokyo Sydney
ForexLive (blog)
By Ed Craven || February 22, 2012 at 13:12 GMT Euro-Area PMI figures unexpectedly contracted for both services and manufacturing, according to London-based Markit Economics. The composite index fell to 49.7 from 50.4 in both sectors.
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European Stocks Fall on Worse-Than-Expected PMI Data; TUI Drops
San Francisco Chronicle
Feb. 22 (Bloomberg) -- European stocks retreated for a second day after a report showed services and manufacturing output in the euro area unexpectedly contracted in February. Straumann Holding AG, the world's biggest maker of dental implants, ...
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Benioff, Emanuel, Daley Join Obama Campaign as Co-Chairmen
BusinessWeek
By Hans Nichols (Adds Messina comments in second paragraph, additional names in third paragraph. For 2012 campaign news, see ELECT.) Feb. 22(Bloomberg) -- President Barack Obama named 35 co- chairmen to his presidential campaign, tapping business ...
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Community Health, FuelCell, Nabors, Netflix: U.S. Equity Movers
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Shares of the following companies are having unusual moves in US trading. Stock symbols are in parentheses and prices are as of 11:03 am in New York. Brightpoint Inc. (CELL US) dropped 8.3 percent to $9.17 and reached $9.16 ...
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Bankrate.com Wins 2011 "Best in Business" Award from Society of American ...
MarketWatch (press release)
NEW YORK, Feb. 22, 2012 /PRNewswire via COMTEX/ -- Bankrate.comearned its sixth "Best in Business" national award from the Society of American Business Editors and Writers (SABEW) for its special package, "Financial Regulation, One Year Later.
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Peugeot in Alliance Talks With General Motors, Minister Says
San Francisco Chronicle
Feb. 22 (Bloomberg) -- PSA Peugeot Citroen, Europe's second-largest carmaker, is in talks on a possible alliance with General Motors Co., French Labor Minister Xavier Bertrand said. Chief Executive Officer Philippe Varin informed the minister of the ...
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France Telecom Cuts Dividend, Hoards Cash Amid Debt Crisis
San Francisco Chronicle
Feb. 22 (Bloomberg) -- France Telecom SA, Europe's highest- yielding former telephone monopoly, cut its dividend forecast and backed off from a promise to buy back shares, as it hoards cash amid the region's debt crisis. The 2012payout will be in a ...
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Junk Gains to Jump as JPMorgan Sees Europe Ease: Credit Markets
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Junk bond returns may triple from last year as confidence builds that Europe will avert a sovereign-debt crisis and investors turn their attention to a US recovery, according to analyst forecasts. JPMorgan Chase & Co. strategists ...
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Megaupload's Dotcom Wins Bail as Judge Sees No Flight Risk
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Megaupload.com founder Kim Dotcom, imprisoned in New Zealand since Jan. 20 at the request of the US, won release today as a judge ruled he isn't a flight risk and should be freed on bail. "The factors relating to flight risk are ...
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Abu Dhabi shares at 5-month high on Etisalat dividend plan
The Daily Star
Sorouh Real Estate Co., the emirate's second-largest developer, advanced 0.9 percent. Emirates Telecommunications, the United Arab Emirates' biggest phone company known as Etisalat, rallied 2.3 percent. Abu Dhabi's ADX General Index rose for a third ...
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Re ForexLive rates board
ForexLive (blog)
By Sean Lee || February 22, 2012 at 01:17 GMT I believe we are still having some slight technical difficulties reinstating the rates board, after some back-end changes were made, but I'm sure it will be back asap (at least I hope it will,...
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Yen Slides to 7-Month Low Versus Dollar; Aussie, Pound Weaken
BusinessWeek
By Allison Bennett and Keith Jenkins Feb. 22 (Bloomberg) -- The yen weakened to a seven-month low against the dollar as the extra yield offered by two-year Treasuries over Japanese bonds widened to a six-month high, increasing the attractiveness of the ...
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France Telecom Cuts Dividend Forecast as Cash Flow Seen Falling
San Francisco Chronicle
Feb. 22 (Bloomberg) -- France Telecom SA, the owner of the Orange mobile-phone brand, cut its dividend forecast for this year by as much as 14 percent as it predicts a decline in operating cash flow. The 2012 pay out will be in a range of 1.21 euros to ...
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Construction Jobs Rebound Amid U.S. Home Remodeling Pick-Up
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Construction hiring is picking up as Americans invest in renovating their homes amid signs that the worst of the housing-market declines may be over. The number of people working in residential remodeling grew 5.8 percent in ...
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AMR in Bankruptcy to Pare New York Flights in Peak Travel Season
San Francisco Chronicle
Feb. 22 (Bloomberg) -- American Airlines will pare service in New York City, the world's busiest aviation market, during the peak of the US travel season as parent AMR Corp. reorganizes in bankruptcy and larger rivals expand. Seating on June flights at ...
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Most Affluent Would Raise Social Security Age, BofA Survey Finds
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Affluent Americans support raising the Social Security age because people are living longer, a Bank of America Corp. survey said today. About 59 percent of people with more than $250000 in investable assets said the government ...
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Wall Street Crowds Into Trader Joe's for Bond Deals: Mortgages
San Francisco Chronicle
Feb. 22 (Bloomberg) -- Wall Street is scouring the US for grocery stores as bankers are pushed out of lending to trophy office properties. Morgan Stanley is selling about $1 billion of commercial mortgage-backed securities with five of the 10 largest ...
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Construction Jobs Rebound Amid US Home Remodeling Pick-Up
BusinessWeek
By Anna-Louise Jackson and Anthony Feld Feb. 22 (Bloomberg) -- Construction hiring is picking up as Americans invest in renovating their homes amid signs that the worst of the housing-market declines may be over. The number of people working in ...
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Community Health, FuelCell, Nabors, Netflix: US Equity Movers
BusinessWeek
By Lu Wang Feb. 22 (Bloomberg) -- Shares of the following companies are having unusual moves in US trading. Stock symbols are in parentheses and prices are as of 11:03 am in New York. Brightpoint Inc. (CELL US) dropped 8.3 percent to $9.17 and reached ...
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British Columbia Deficit to Narrow Before Swing to Surplus
BusinessWeek
By Christopher Donville Feb. 22 (Bloomberg) -- British Columbia will narrow its budget deficit in the next fiscal year before swinging to surplus amid asset sales and higher business taxes, Finance Minister Kevin Falcon said.
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Christine Quinn wins homeless shelter suit against Bloomberg, Lenz ...
By news
February 222012 08:00AM. 1. Warm weather is helping Barclays Center take shape [Post] 2. Christine Quinn prevails in lawsuit filed against MayorBloomberg's policy requiring single adults to prove they lack alternatives before moving in to homeless shelters [NYO] 3. Sen. Schumer urges quick transfer of LI Army property so it ... Queens co-op president and former Council candidate rips city for property tax hike [NYDN] 17. Partnership of Thompson Hotels and JDV Hotels settles on ...
The Real Deal New York
Opening Bell: 02.22.12 « Dealbreaker: Wall Street Insider ...
By Dealbreaker
Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks. Editor: Bess Levin Associate Editor: Matt Levine. About Dealbreaker |; Advertising. Search for: ... Send Tips. email: tips@ dealbreaker.com text:             (646) 820-4847       call:            (212) 334-1871       all tips are anonymous. 22 Feb 2012 at 8:43 AM; Posted in: Opening Bell ... Greek Bailout Wins Two Cheers From Wary Investors (Bloomberg) “The deal may have removed near-term ...
Dealbreaker
Fuel Fix » Fukushima disaster left U.S. agency in confusion
By Bloomberg
Posted on February 222012 at 6:25 am by Bloomberg in Nuclear. 46. |. Tweet. Share share E- ... disaster in 25 years. The agency's information about developments, provided by local officials, news media and Tokyo Electric Power Co. (9501) ...
Fuel Fix
The Capital Spectator: Strategic Briefing | 2.22.12 | Eurozone ...
By jp
February 222012. Strategic Briefing | 2.22.12 | Eurozone Economics. European shares slip on euro zone recession worries. Reuters | Feb 22. The euro zone's service sector shrank unexpectedly this month, reviving fears that the economy ... a reading of 50.5, according to the median of 16 estimates in aBloomberg News survey. A reading below 50 indicates contraction. Euro-Zone Business Activity Shrinks Unexpectedly The Wall Street Journal | Feb 22 "The euro zone is far from out ...
The Capital Spectator
Bloomberg And Yale President Richard Levin Face Off On Police ...
By The Huffington Post News Editors
Bloomberg And Yale President Richard Levin Face Off On Police Surveilling Muslim Students. Bloomberg. By DAVID B. CARUSO and JOHN CHRISTOFFERSEN 02/21/12 09:44 PM ET Associated Press AP. React. Amazing Inspiring Funny ...
The Full Feed from HuffingtonPost.com
RealClearPolitics - GOP Candidates Vie for Advantage in Debate
By Davis & Lerer, Bloomberg
February 222012. GOP Candidates Vie for Advantage in Debate. Davis & Lerer, Bloomberg. Tweet. AP Photo. Rick Santorum and Mitt ... February 17, 2012. Gingrich's California Factor , ABC News. February 17, 2012. Gingrich: Adelson ...
RealClearPolitics - Homepage
18-wheeler goes down embankment; driver flown to hospital ...
Author: 69 Newsnews@wfmz.com. Published On: Feb 22 2012 06:18:35 AM EST Updated On: Feb 22 2012 11:39:01 AM EST. Small Text ... Twp., BerksCo. Aerial video showed the 18-wheeler down an embankment below the highway.
Regional: Berks
2 men killed in 3-alarm fire | Regional: Lehigh Valley - Home
2 men killed in 3-alarm fire. Author: 69 Newsnews@wfmz.com. Published On:Feb 22 2012 04:06:48 AM EST Updated On: Feb 22 2012 10:28:15 AM EST. Small Text; Medium Text; Large Text. Print; Email. Tweet. Close ...
WFMZ-TV 69NEWS: Top Stories
Tel-Chai Nation: Bloomberg actually defends NYPD's monitoring of ...
By Avi Green
Wednesday, February 222012 ... Via Breitbart. For once, Bloomberg has done something right in his whole career, what with his failed socialist policies to his record. ... Links. avigreen2002@yahoo.com ... News/Opinion sites (open menu) ...
Tel-Chai Nation
Iranian Bomb Supspects Update: ABC News Has Photos of What ...
By Newley
by Newley on February 222012 · 0 comments. ABC News ... I report forBloomberg BNA, ABC News Radio, The Chronicle of Higher Education, and more. My work ... Join the Newley.com email list. Sign up to receive periodic emails from me ...
Newley.com
Yen Slides to Seven-Month Low on U.S. Growth; Pound Weakens ...
By bloomberg.com
We offer news and articles, contributed from forex bloggers. You're invited to subscribe for daily e-mail updates: Do you blog about Forex? please Add your blog · Your Ad Here. Get updates through FaceBook. Yen Slides to Seven-Month Low on U.S. Growth; Pound Weakens After Minutes. February 222012. By bloomberg.com. The yen weakened to a seven-month low against the dollar amid speculation U.S. growth is gathering strength, damping demand for the Asian nation's ...
Forex Bloggers
Shanghai Eases Home Purchase Restrictions, Securities News Says
By Bloomberg News - Feb 22, 2012; Print; Share ... Poly Real Estate GroupCo., the nation's second- biggest developer, climbed 2.6 percent to 11.27 yuan as of ...
sfgate.bloomberg.com/SFChronicle/Story?docId=1376...
Benioff, Emanuel, Daley Join Obama Campaign as Co-Chairmen ...
President Barack Obama named 35 co- chairmen to his presidential campaign, tapping ... For 2012 campaign news, see ELECT.) Feb. 22(Bloomberg) -- President Barack Obama named 35 ... Focus On Entrepreneurs, February 2012; Video ...
www.businessweek.com/.../benioff-emanuel-daley-join-obama...
Bloomberg Report for Wednesday, February 22, 2012 | Video | wkyc ...
http://www.wkyc.com/video/1465514284001/52747301001/Bloomberg-Report- for- ... for Wednesday, February 22, 2012 WKYC money News Bloomberg 03:30 ...
www.wkyc.com/.../Bloomberg-Report-for-Wednesday-Februa...
Archives for February 22nd, 2012 | G7Finance.com - Finance News ...
G7 Finance Videos · Video News · Personal ... 22, 2012 | 0 Comment.February 22, 2012, 12:30 AM EST By Indira A.R. Lakshmanan and Ladane Nasseri Feb ... February 21, 2012, 11:00 PM EST By Bloomberg News Feb. 22 (Bloomberg) ...
g7finance.com/2012/02/22/
Media Digest (2/22/2012) Reuters, WSJ, NYT, FT, Bloomberg - 24/7 ...
Media Digest (2/22/2012) Reuters, WSJ, NYT, FT, Bloomberg. Posted: February 22 ... Shares of Alibaba.com rise on news its parent will go private. (Reuters) ...
247wallst.com/.../media-digest-2222012-reuters-wsj-nyt-ft-blo...
Promotions help Macy's profit beat estimates - Business ... - Ohio.com
Wednesday, February 22, 2012. Get Connected ... VIDEOS. Pet Videos ...Analysts projected $1.65, the average of 12 estimates compiled by BloombergNews.
www.ohio.com/.../promotions-help-macy-s-profit-beat-estimat...
Samsung to Ally With SAP on Corporate Android - Bloomberg News ...
DOW JONES NEWSWIRES SAP AG and Samsung Electronics Co. are working together to make mobile devices ... February 22, 2012 12:13 am US/Eastern ...
www.4-traders.com/.../Samsung-to-Ally-With-SAP-on-Corpor...
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