BLOOMBERG News, Apr 04, 2012

Chalco Agrees to Buy Ivanhoe SouthGobi Stake for C$889 Million Bloomberg “A sale of 60 percent of its current holding would realize proceeds of approximately C$533 million.” To contact the reporters on this story: Michelle Yun at Myun11@bloomberg.net To contact the editors responsible for this story: Andrew Hobbs at ... See all stories on this topic » Bloomberg

US Stocks Place to Be, Sethi Says Washington Post Apr. 2, 2012 - April 2 (Bloomberg) -- Sarat Sethi, a principal and portfolio manager at Douglas C. Lane & Associates, talks about the outlook for US stocks and investment strategy. Sethi speaks with Erik Schatzker, Scarlet Fu and Stephanie Ruhle on ... See all stories on this topic »

Abbott Hepatitis C Therapy Works After Other Drugs Fail San Francisco Chronicle April 4 (Bloomberg) -- Abbott Laboratories' experimental hepatitis C treatment cured almost half of patients who couldn't eliminate the virus with therapies now on the market, according to a study that boosted the company's shares. See all stories on this topic »

Abbott Hepatitis C Therapy Cures Patients Failed by Other Drugs Bloomberg Abbott rose less than 1 percent to $61.51 at 12:50 pm, after jumping 2.3 percent to $62.57, the highest price since at least 1980, according data compiled by Bloomberg. Together with positive results for patients who hadn't been treated before, ... See all stories on this topic »

Royal Bank of Canada to Buy Dexia Stake for C$1.1 Billion San Francisco Chronicle April 3 (Bloomberg) -- Royal Bank of Canada, the country's largest bank, agreed to buy the 50 percent of RBC Dexia Investor Services Ltd. it doesn't already own from Banque Internationale a Luxembourg SA for about C$1.1 billion ($1.1 billion) in cash. See all stories on this topic »

Petronas Plans Canadian Acquisition Topping $5 Billion Bloomberg There were $8.7 billion in deals announced in Canada's oil and gas industry in the first quarter, the busiest start to the year since 2009, when mergers and acquisitions in the sector there peaked at $47 billion, according to data compiled by Bloomberg ... See all stories on this topic » Bloomberg

JPMorgan Tightens Grip on Bonds as Sales Surge: Credit Markets Bloomberg The most profitable US bank's underwrote 7.1 percent of all bond sales in the three months ended March 31, up from 6.5 percent in 2011, data compiled by Bloomberg show. Citigroup moved up two spots to second with 5.7 percent, the same amount it ... See all stories on this topic » Bloomberg

Fed's Lockhart Says He Doesn't Now See Need for More Easing Bloomberg “I would have to see some pretty severe circumstances before I endorse for another round of quantitative easing,” Lockhart said today on BloombergRadio's “Hays Advantage” with Kathleen Hays. “The outlook is positive enough that I am not sure I see the ... See all stories on this topic » Bloomberg

Canadian Natural Gas Rises on High Temperatures for U.S. South Bloomberg Alberta gas gained 2.8 percent after US reactor output advanced 364 megawatts to 78774, up from the lowest level since May 24, according to filings with the Nuclear Regulatory Commission and data compiled by Bloomberg. Markets are responding to a... See all stories on this topic »

Toyota Sets Prius Sales Record on Bigger Lineup, Gas Prices Bloomberg Toyota, the largest seller of gasoline-electric autos, sold 28711 units in March of the Prius “family,” now comprising a plug-in Prius and csubcompact, the original hatchback and v wagon, the company said today in an e-mailed statement. See all stories on this topic » Bloomberg

Encana in Play as Petronas Seeks Natural Gas: Corporate Canada Bloomberg Petroliam Nasional Bhd., the state-owned oil company known as Petronas (PET), is studying a Canadian acquisition of more than $5 billion, Chief Executive Officer Shamsul Azhar Abbas said in an interview last week with Bloomberg News. See all stories on this topic »

Canada Budget Offers C$3 Billion to Boost Investment and Hiring Bloomberg The budget also proposed extending a 15 percent mineral exploration tax credit for another year through the end of March 2013 at a cost of aboutC$100 million. To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net. See all stories on this topic » Bloomberg

Coty Offers to Buy Avon Products for $10 Billion in Cash Bloomberg s 2005 purchase of Gillette Co. for $57.3 billion including debt, according to data compiled by Bloomberg. “Coty clearly wants to do this deal,” Ali Dibadj, an analyst at Sanford C. Bernstein & Co. in New York., said today in a telephone interview. See all stories on this topic » Bloomberg

Canada Dollar Falls Versus Greenback Before Jobs Reports Bloomberg The 3.25 percent securities maturing in June 2021 traded at C$109.28, up 57 cents. Jobs Reports Canadian employers added 10500 jobs to payrolls last month, according to the median of 24 forecasts compiled by Bloomberg News. Statistics Canada is due to ... See all stories on this topic »

Canadian Dollar Falls as Crude Oil Drops, Risk Sentiment Bloomberg Deals by companies and banks in Canadian dollars fell to C$21 billion ($21.2 billion) in the first quarter from C$31 billion in the comparable period in 2011, according to data compiled by Bloomberg. RBC Capital Markets, the top underwriter of Canadian ... See all stories on this topic »

Petronas Plans Canadian Acquisition Topping $5 Billion: Energy San Francisco Chronicle April 2 (Bloomberg) -- Petroliam Nasional Bhd., the Malaysian state-owned oil company, is studying a Canadian acquisition exceeding $5 billion as part of the company's drive to supply natural gas to Asia. "This is going to be big," Chief Executive... See all stories on this topic »

GM, Ford U.S. March Sales Increase Less Than Predicted San Francisco Chronicle April 3 (Bloomberg) -- General Motors Co. and Ford Motor Co. posted gains in US vehicle sales that trailed analysts' estimates while Chrysler Group LLC and Nissan Motor Co. reported better-than-projected increases. GM sales rose 12 percent to 231052 ... See all stories on this topic »

PetroChina's Oil Output Trumps Exxon, Rosneft: Chart of the Day Bloomberg The CHART OF THE DAY shows crude output by PetroChina compared with production of the world's largest listed energy companies, in million barrels a day, based onBloomberg calculations from company statements. The lower panel tracks Beijing-based ... See all stories on this topic »

Molycorp Seen Too Cheap as Rare Earth Lures Deal Talk: Real M&A Bloomberg Acquisition Detail With Molycorp's agreement on March 8 to buy Toronto-based Neo Material (NEM) for C$1.3 billion ($1.3 billion), the company will gain production factories in China, Thailand and North America to complement a magnet-making facility at ... See all stories on this topic » Bloomberg

RBC Sued by U.S. Regulators Over Wash Trades for Tax Benefit San Francisco Chronicle April 3 (Bloomberg) -- Royal Bank of Canada was sued by US regulators over claims the Toronto-based lender engaged in illegal futures trades worth hundreds of millions of dollars to garner tax benefits tied to equities. Canada's biggest bank made false ... See all stories on this topic »

Mayor Defends Withholding Report on 911 System New York Times Mayor Michael R. Bloomberg's administration came under attack on Tuesday for keeping secret what is said to be a sharply critical report on New York City's much-delayed, wildly over-budget 911 emergency dispatch system, as elected officials accused it ... See all stories on this topic » New York Times

The C-Suite Sells Out Bloomberg He speaks on Bloomberg Television's "In The Loop." (Source:Bloomberg) Running Time: 00:42 LinkedIn Google +1 COMMENTS Print QUEUE Please enable JavaScript to view the comments powered by Disqus. The C - Suite Sells Out. See all stories on this topic » Bloomberg

Canada Eliminates Penny, Which Costs Penny-and-Half to Make San Francisco Chronicle March 29 (Bloomberg) -- Canada will withdraw the penny from circulation this year, saving taxpayers about C$11 million ($11 million) annually and forcing retailers to round prices to the nearest nickel, the government announced in its budget today. See all stories on this topic »

Tax Receipts Buoy State-Local Government Employment Trend Bloomberg ... see much more room for further cuts,” said Francesca Panelli, an economist with Banca Aletti & C SpA in Milan, Italy, who was the most accurate forecaster of US payrolls in the two years ended March 1, according to data compiled by Bloomberg. See all stories on this topic » Bloomberg

Abbott, Acuity, Monsanto, SanDisk, WebMD: U.S. Equity Movers San Francisco Chronicle April 4 (Bloomberg) -- Shares of the following companies are having unusual moves in US trading. Stock symbols are in parentheses and prices are as of 10:45 am Abbott Laboratories (ABT US) advanced 1.2 percent to $61.90 and rose to $62.57 earlier, ... See all stories on this topic »

Telefonica Merges Colombian Phone Assets to Reduce Debt Bloomberg “Selling small bits and pieces won't solve the debt problem,” said Robin Bienenstock, a London-based analyst at Sanford C Bernstein. “Even if Telefonica wanted to sell something more significant, it would be complicated to sell at a good price amid ... See all stories on this topic » Bloomberg

Ontario Teachers' Pension Fund Posts 11% Return in 2011 Bloomberg Net investment income rose to C$11.7 billion ($11.8 billion) last year from C$13.3 billion in 2010, the Toronto- based pension said in a statement today. The fund managedC$117.1 billion in assets as of Dec. 31, compared with C$107.5 billion a year ... See all stories on this topic »

Coty Low-Ball Offer Seen Emerging as Avon's Best Option: Retail Bloomberg “This is something that the Avon board should seriously consider,” Ali Dibadj, an analyst at Sanford C. Bernstein & Co. in New York, said yesterday in a telephone interview. After initially presiding over double-digit profit growth after taking the ... See all stories on this topic » Bloomberg

Avon Said to See Some Strategic Benefits to Merger With Coty San Francisco Chronicle April 2 (Bloomberg) -- Avon Products Inc., the target of an unsolicited $10 billion offer from Coty Inc., sees some strategic benefits in a combination and previously considered buying the fragrances seller, according to a person with knowledge of the ... See all stories on this topic »

Sino-Forest Peek Made Buyers 'Run Away': Corporate Canada Bloomberg 'Cleansing Process' Sino-Forest's collapse would have happened “sooner or later” even if the report hadn't been published, Block said today in an interview with Erik Schatzker on Bloomberg Television's “InsideTrack.” Muddy Waters' allegations increased ... See all stories on this topic » Bloomberg

Molson Coors Attacks Craft Armada With $3.5 Billion Deal: Retail Bloomberg “I can understand why they'd want to expand outside the US and why they'd want to get into growth markets,” said Trevor Stirling, an analyst at SanfordC. Bernstein in London. The maker of Carling lager has “low penetration of craft and imports, ... See all stories on this topic » Bloomberg

News Corp Planning 24-Hour Sports Network To Rival ESPN ... By PATRICK HIPES, Managing Editor Sources tell Bloomberg that News Corp is working to obtain rights from pay TV outlets and sports leagues to launch a national cable network that could begi. Deadline.com

House Dems Ream Bloomberg Over NYPD's Muslim Spy Scheme ... By Victoria Bekiempis Welcome to blogs.villagevoice.com. Blogs. News · Music ... As detailed by The Associated Press (via Washington Post), the pols have demanded that Bloomberg end out-of-state spying. The electeds' ... Sign up for free stuff, news info & more! Runnin' Scared

43 Rumors | Blog | Official: Sony, Fujifilm and other companies ready ... By admin http://www.bloomberg.com/news/2012-04-03/olympus-gets-capital-alliance-offers-from-sony-fujifilm-terumo.html ... I don't know if it's a good or bad news, and I don't know what will be the effects on camera division… But : a Sony or a Fuji ... 43 Rumors

Loonie strengthens for 2nd quarter on U.S. growth outlook | iPolitics By James Baxter Scotia Bank sees it weakening to C$1.01, which matches the average forecast of 37 economists and analysts in a Bloomberg News survey. “We've been pretty contained,” Matthew Perrier, Toronto- based director of foreign exchange at Bank ... iPolitics

SOUTH BRONX SCHOOL: BREAKING NEWS!!! PREVIEW OF 2012 ... By Bronx Teacher C. Findings passed along to the local district attorney's office. D. Be shamed by New York Post and all News Corporation holdings. Grade 4 ELA In the passage, "MichaelBloomberg, America's New God," several important facts about Michael ... SOUTH BRONX SCHOOL

Marc Faber on Bloomberg TV: Japan stocks will ... - Benzinga.com By Scott Rubin Marc Faber, publisher of the Gloom, Boom and Doom Report, spoke to BloombergTelevision's Betty Liu this morning and said that the "Japanese market may outperform all the other markets against all expectations in 2012." Faber said that ... Benzinga - Stock Market Quotes,...

Fuel Fix » Encana in play as Petronas seeks natural gas By Bloomberg Petroliam Nasional Bhd., the state-owned oil company known as Petronas (PET), is studying a Canadian acquisition of more than $5 billion, Chief Executive Officer Shamsul Azhar Abbas said in an interview last week with Bloomberg News. .... PetroChina (857), Asia's largest energy producer, last year walked away from an agreement to pay C$5.4 billion ($5.4 billion) for a 50 percent stake in Encana's Cutbank Ridge joint venture and fund development of about 635000 net acres in ... Fuel Fix

Morning Media Newsfeed 04.02.12 - Media News But instead he posted it on his own barebones website, StonePhillipsReports.com. TVNewser In February, TVNewser spoke to Phillips about the story and his decision to publish online. Bloomberg And Reuters: The Future Of News (Adweek) ... mediabistro.com: Media News

Opening Bell: 03.30.12 « Dealbreaker: Wall Street Insider ... By Dealbreaker Canada Eliminates Penny Costing Penny-and-a-Half to Make (Bloomberg) Canada will withdraw the penny from circulation this year, saving taxpayers about C$11 million ($11 million) annually and forcing retailers to round prices to the nearest nickel, the government announced in its budget today.Grand Central ... The U.S. Housing Recovery Fund is expected to finish its first round of capital raising and open April 1, according to a marketing document obtained by Bloomberg News. Dealbreaker

Bloomberg: Fox & News Corp. to start a national sports channel to rival ESPN - CSNbbs Yep. CUSA & MWC (or the combined alliance) and the Big East should all use this competition to negotiate the best possible deals. There's no reason why all ... ncaabbs.com/showthread.php?tid=563553

Amylin rejected $3.5 billion Bristol offer: Bloomberg - Yahoo! News From Yahoo! News: (Reuters) - Shares of Amylin Pharmaceuticals Inc rose as much as 51 percent on Wednesday after Bloomberg News reported the company ... news.yahoo.com/amylin-rejected-3-5-billion-bristol-offer-blo...

Bloomberg - adr.com | Markets | Global News Story DOW JONES NEWSWIRES Societe Generale SA (GLE.FR) plans to reorganize its investment bank next month, Bloomberg News reported Monday, citing ... https://www.adr.com/Markets/GlobalNewsStory?docID=1...

WP-Bloomberg Morning Briefing (Repeat) | nola.com (c) 2012, The Washington Post. Good morning, editors: Welcome to a new, improved The Washington Post News Service with Bloomberg News. We are adding ... www.nola.com/.../4d2574f22e1f6e3791abf8153290328e

Boston Properties CEO Zuckerman Gets 23% Increase in Pay ... C-Suite Insight Magazine. Compensation Research, News and Interviews for Executives and Directors. Home · About · Sign Up ... You are here: Home / C- Suite Daily / Boston Properties CEO Zuckerman Gets 23% Increase in Pay – Bloomberg ... www.c-suiteinsight.com/.../boston-properties-ceo-zuckerman-...

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