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Apr 18, 2012

CNBC World News, Apr 18, 2012

Hungary Positive on Central Bank Talks: Minister
CNBC.com
... the International Monetary Fund (IMF) and the European Commission over its controversial central bank law, and it believes talks can resume on a hoped-for economic development aid package for the country, the Hungarian Economy Minister told CNBC on ...
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CEOs of Big Hotel Chains Unfazed by China's Slowing Growth
CNBC.com
Christopher Nassetta, CEO of Hilton worldwide, told CNBC that the company plans to more than quadruple the number of hotels in China over the next few years, after growing that number to 30 from just 5, four years ago. “From an operating point of view, ...
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CNBC.com
US Treasury Bonds Up Before Spanish Auction
CNBC.com
Bill Gross, manager of PIMCO, the world's largest bond fund, sounded dubious about the Spanish auction on CNBC on Tuesday in light of the European Central Bank's "unwillingness to continue to buy sovereign debt." He cited the absence of such purchases ...
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CNBC.com
Spain's Ability to Fund Itself to Be Put to Test Thursday
CNBC.com
The International Monetary Fund [cnbc explains] , European Union and European Central Bank—the so-called "troika"—have already come to the rescue of Greece. The possibility of a default by any of the periphery countries would hit debt-holding banks ...
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BoE Warns Inflation Could Run Into Medium Term
CNBC.com
Minutes to the BoE's April 4-5 meeting showed on Wednesday showed that a long-standing advocate of more quantitative easing [cnbc explains] , Adam Posen, had dropped his call for more stimulus, and that others were worried the BoE's anti-inflation ...
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CNBC.com
Who Are Leading Candidates to Be Buffett's Successor?
CNBC.com
A few days later, in a live CNBC interview, Buffett said, "The person who's going to become CEO of Berkshire is probably a CEO of some operation within Berkshire Hathaway." Our leading candidate: Greg Abel, chairman and CEO of Berkshire's MidAmerican ...
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Carly Fiorina Joins Good360 as New Chairman of the Board
MarketWatch (press release)
Fiorina first shared the announcement today on CNBC's "Squawk Box," a morning news and talk program where the biggest names in business and politics bring their most important stories. Click to watch a message from Fiorina about her new role.
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John Paulson Goes Short on German Bunds
CNBC.com
Mr. Paulson's position, which includes holdings of credit default swaps [cnbc explains] written on German debt, has been in place for several months. A spokesperson for Paulson & Co declined to comment. Broad details of the positions came as part of a ...
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CNBC.com
Sputtering Economies to Curtail Earnings Horizon
CNBC.com
"Do people really think E would be as good without the massive QE (quantitative easing) [cnbc explains] around the world?" asked hedge fund manager Stephen Jen at SLJ Macro Partners. Sliced and Diced Of course, there are many ways to dissect valuations ...
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CNBC.com
Despite Drop, Tech Stocks Remain Market's Best Bet
CNBC.com
"It's not a big problem, it's a small problem," Berger said, during a CNBC"Squawk Box" interview, regarding the margins issue. "The company's bought back a ton of stock over the last four to six quarters. They keep buying back, so they have a lot less ...
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CNBC EXCLUSIVE: CNBC TRANSCRIPT: CNBC'S LARRY KUDLOW SPEAKS ONE-ON-ONE WITH ...
CNBC.com (blog)
When: Today, Tuesday, April 17th Where: CNBC's “The Kudlow Report” Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Republican presidential candidate Mitt Romney today, Tuesday, April 17th. The interview will run tonight on ...
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Spanish Banks' Bad Loans Highest Since October 1994
CNBC.com
Spanish banks' bad loans rose to their highest level since October 1994 in February, to 8.2 percent of their credit portfolios, Bank of Spain data showed on Wednesday, as the sector continues to battle sliding house prices and a looming recession [cnbc ...
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Citigroup's Chief Rebuffed On Pay by Shareholders
CNBC.com
Citi was dealt a further blow in March when the Federal Reserve [cnbcexplains] rejected the bank's proposal to buy back shares and increase its dividend. While Citi intends to submit a revised plan to the central bank this year, shareholders say that ...
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Latin America Could Help Europe Out of Crisis: Peru Minister
CNBC.com
Latin American countries like Peru could help Europe grow its way out of recession by providing profitable investment opportunities, Peruvian Minister for Finance Luis Miguel Castilla told CNBC on Tuesday. “I would tend to think European institutions ...
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CNBC.com
Is Argentina Becoming the New Venezuela?
CNBC.com
One opposition politician, who did not want to be named, toldCNBC.com that the plans were “madness.” Plenty of the biggest companies in Argentina, including banks and most of its telecommunications infrastructure, are owned by Spanish or Italian ...
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CNBC.com
Regulators to Ease a Rule on Derivatives Dealers
CNBC.com
The data, which showed that an $8 billion figure would exclude about 85 percent of the companies, is limited to one type of derivatives contract known as a credit-default swap [cnbcexplains] . But the data also encompassed a broader group than...
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CNBC.com
All key S&P sectors were trading in negative territory, led by banks and techs.
CNBC.com
Intel IBM “The reality is, this is a long-term game we're in unless you're a trader and these are cheaper stocks today across the board than they've been in a long time,” said Jerry Castellini, president and CIO CastleArk Management on CNBC's “Power ...
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Were You Better Off Buying Dell than Apple 23 Years Ago?
CNBC.com
Since CNBC first went live 23 years ago back on April 17, 1989, it has paid to be in the stock market. Back then, the Dow Jones Industrial Average closed at 2338 as blue chips continued their march toward recovering losses from the 1987 crash.
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Europe Stocks Seen Flat; Portugal Takes Center Stage
CNBC.com
Goldman Sachs Warren Buffett, chief executive at Berkshire Hathaway, told CNBC that he is feeling “100 percent” after being diagnosed with prostate cancer. A report in the Financial Times that the Canadian central bank governor, Mark Carney, ...
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CNBC.com
Rubio's immigration push a potential lift for GOP
CNBC.com
... for our party," Romney told a private fundraiser in Florida on Sunday in which he insisted the GOP needs an alternative to the DREAM Act. He warned that a significant number of Hispanics backing Obama "spells doom for us," according to NBC News.
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Italy Puts Back Balanced Budget Goal by a Year
CNBC.com
IMF More Downbeat Earlier on Tuesday the InternationalMonetary Fund [cnbc explains] forecast that Rome would not balance its budget before 2017. It said in its Fiscal Monitor report that the deficit would fall this year to just 2.4 percent of output ...
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CNBC.com
Euro Dips vs. Dollar, Investors Still Wary on Spain
CNBC.com
Traders cited selling by Swiss investors after Sarkozy said the euro's exchange rate should be up for discussion with the European Central Bank [cnbc explains] . The common currency Market players said the euro could post further losses ahead of a ...
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CNBC.com
Monthly Jobs Report: New Security Rules for Media
CNBC.com
The new rules, which were reported by CNBC last week, make dramatic changes to the rules surrounding media “lockups” in advance of the public release of the jobs number. Under the old rules, reporters could use their own computers and media ...
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NBC Manipulating the Facts Again?
The New American
That claim is demonstrably false and Remington stands fully behind the safety and reliability of the most popular shotguns in the world. It wasn't enough for NBC to attack over 20 million Remington firearms; they also called the Second Amendment into ...
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Warren Buffett Moves Quickly to Disclose 'Not Life Threatening' Prostate Cancer
CNBC.com
NBC News Chief Science Correspondent Robert Bazell agrees, telling us the "odds are overwhelming that Mr. Buffett will live to die of some other cause." He notes that many men Buffett's age elect not to have any treatment at all, as prostate cancer ...
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Whitney Reverses Citigroup Call: Is Financial Crisis Over?
CNBC.com
CNBC's Maria Bartiromo asked the analyst what it would take for her to invest in Citigroup. “A new brain,” answered Whitney. For the best market insight, catch 'Fast Money' each night at 5pm ET, and the 'Halftime Report' each afternoon at 12:00 ET on ...
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Asia Rebounds as Spain Debt Worry Eases
CNBC.com
The FTSE CNBC Asia 100 Index Japan's Nikkei index rallied 2.1 percent on robust US corporate earnings, firm demand for Spanish debt and an upbeat German economic sentiment survey, with signals that the Bank of Japan may take more easing steps also ...
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Spanish Bailout 'Not If, But When': Economists
CNBC.com
But economists believe that Spanish banks will have to turn to the euro zone's rescue fund, the European Financial Stability Facility (EFSF) [cnbc explains] , for help in covering losses caused by a property market crash which has yet to end.
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CNBC.com
London's Olympic Legacy Better Than Athens: Minister
CNBC.com
With 100 days to go until the 2012 Olympic Games begin in London, the government is confident the Games will provide a long-term economic boost, the UK minister for sport and the Olympics told CNBC. In London, there are concerns about a security budget ...
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CNBC.com
Gold Eases for Fourth Day as Euro Sags
CNBC.com
But Li added that market sentiment remained cautious ahead of the US Federal Reserve's [cnbc explains] meeting of its policy-setting Federal Open Market Committee (FOMC) next week, after comments from the Fed over recent weeks have caused sharp price ...
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CNBC.com
Bank of Queensland's Rainy Day Provisions 'Best of Any Bank': CEO
CNBC.com
CEO Stuart Grimshaw told CNBC Asia's “Squawk Box” on Wednesday that he was confident the provisions would be enough. "We're actually provisioned best of any bank in Australia, so I think we've taken the prudent steps." He added that he has "given up ...
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CNBC.com
Euro Slides, Pound Lifts, Japan Is Ready to Ease
CNBC.com
[CNBC] HSBC launched in London a bond denominated in Chinese yuan. [AFP] ---------------------- CURRENCY FUTURES: Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm. Learn more: The essential ...
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CNBC.com
Mitt Romney Not 'Apologizing for Success'
CNBC.com
The presumptive Republican presidential nominee, speaking in a wide-ranging interview on CNBC's “The Kudlow Report,” took a pot shot at the Democrats' failure to pass the so-called Buffett Rule in the Senate. “I think the reason is that these gimmicks ...
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CNBC.com
Volatility in HK Property Market to Ease; Price Rise Limited
CNBC.com
Hong Kong's property market is set to stabilize following a volatile 2011, with home prices projected to rise 10 percent this year, a moderate increase compared to the huge gains seen in 2009 and 2010, industry watchers tell CNBC. Last year, the sector ...
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CNBC.com
Mortgage Applications Jump On Refinancing Surge
CNBC.com
"Renewed concerns about sovereign debt [cnbc explains] in Europe led to a drop in rates last week, with the 30-year rate tying our survey low, reached in early February. Refinance activity picked up in response," Jay Brinkmann, MBA's chief economist, ...
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CNBC.com
Top Fund Managers Advise How to Play the Market
CNBC.com
It's an all-star investing theme day at CNBC Wednesday, and we're talking to five-star fund managers to get their best advice on where to put your investment dollars in the current market rally. Let's start with bonds. Things have gotten a lot tougher ...
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Apple Needs to 'Step Up' On Labor Issues in Asia: Analyst
CNBC.com
Bennett Freeman, senior vice president, sustainability research and policy at the investment firm, told CNBC's “Squawk On The Street” on Monday that Apple needs to improve upon its labor rights and working conditions if it hopes to sustain their iconic ...
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Blackberry's India connect: Affordable smart phones
Moneycontrol.com
Stuck between intense competition and deep losses RIM is now clearly strengthening its focus on emerging markets to regain market position, reports CNBC-TV18's Malvika Jain. Times have not been ringing in good news for Blackberry.
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Buffett's Cancer Scare Has Doug Kass Rethinking Berkshire
CNBC.com
If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to Trader disclosure: On April 17, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC's"Fast Money" were owned by ...
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Wynn, Genworth and Other Tradable Midday Movers
CNBC.com (blog)
Trader disclosure: On Apr 18, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long IBM; Joe Terranova is long ...
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US Crude Jumps; Brent Lags, Spread Narrows - US ... - CNBC
Brent's premium to its U.S. counterpart narrowed to below $14 a barrel intraday after Monday's news that the Seaway pipeline's crude oil flow will be turned around toward the Gulf Coast as early as mid May. The reversal is expected to ... Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, though risks remain in a fragile situation, the International Monetary Fund said in its world economic outlook on Tuesday. U.S. RBOB gasoline ...
CNBC.com Energy Business News
World Bank Names Dartmouth's Kim as New President - US - CNBC
The World Bank said Monday that Dartmouth College President Jim Yong Kim will ... MORE ECONOMY & GOVERNMENT NEWS ... By: CNBC.com with AP ...
www.cnbc.com/.../World_Bank_Names_Dartmouth_s_Kim_as...
NBC Nightly News with Brian Williams - msnbc.com
Tweets from NBC News correspondents ... Summer Olympics, here's a look at some of the athletes who have been training for their moment on theworld stage.
www.msnbc.msn.com/id/3032619/ns/NBCNightlyNews/
World Bank Names Dartmouth's Kim as New President
The World Bank said Monday that Dartmouth College President Jim Yong Kim will ... MORE ECONOMY & GOVERNMENT NEWS ... By: CNBC.com with AP ...
www.cnbc.com/id/47063097
Gartman Inept, CNBC Wrong, Gold Demand off - King World News
2012 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the blog ...
kingworldnews.com/.../6_Embry__Gartman_Inept,_CNBC_W...

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