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Aug 31, 2011

BLOOMBERG News, Aug 31, 2011

Bloomberg LP must defend Swatch analyst call case
Reuters
By Moira Herbst NEW YORK, Aug 31 (Reuters) - Bloomberg LP lost a bid to dismiss a lawsuit by Swatch Group AG that accused the news service of secretly recording an earnings conference call with securities analysts and giving a transcript to clients. ...
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Treasuries, Yen Advance on Signs Global Economy Is Slowing; Oil Declines
Bloomberg
Photographer: Tomohiro Ohsumi/Bloomberg Aug. 31 (Bloomberg) -- Russ Koesterich, the San Francisco-based global chief investment strategist for the IShares unit of BlackRock Inc., talks about the global economy and financial markets. ...
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Carrefour Cuts Forecast After Earnings Slump
Bloomberg
Photographer: Guillaume Plisson/Bloomberg Aug. 31 (Bloomberg) -- Bryan Roberts, director of retail research at Kantar Retail, discusses Carrefour SA's profit forecast and business outlook. The world's second-largest retailer cut its forecast for this ...
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Ell Expects Philippine Inflation to Stay Near BSP Target
Washington Post
31 (Bloomberg) -- Katrina Ell, an economist at Moody's Analytics Australia in Sydney, talks about the latest growth data from the Philippines.¶ The Philippine economy grew less than economists expected last quarter, adding to signs Asia's expansion is ...
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Inflation Bets Tumble as U.S. Economy Falters: Mexico Credit
Bloomberg
The US will grow 2.35 percent in 2012, according to 56 analysts in a Bloomberg survey. “There's been a shift of expectations with respect to growth in the US and therefore in Mexico,” Benito Berber, a strategist at Nomura Securities Inc. in New York, ...
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RTS Futures Rise on Rosneft-Exxon Alliance: Russia Overnight
BusinessWeek
31 (Bloomberg) -- Russia's RTS stock-index futures rose, indicating stocks may advance in Moscow, as Exxon Mobil Corp. announced an alliance with OAO Rosneft, Russia's biggest oil producer, and OAO Gazprom's profit surged to a record. ...
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'El Bloombito' Tweeter Mocks Bloomberg's Spanish
NBC New York
By Melissa Russo Mayor Bloomberg's Spanish-speaking parody ego has come out from behind the El Bloombito Twitter account. Rachel Figueroa-Levin told NBC New York she just couldn't help herself when she started tweeting parodies of Mayor Bloomberg ...
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Zell to Limit U.S. Real Estate Investing as He Expands in Colombia, India
Bloomberg
30 (Bloomberg) -- Billionaire investor Sam Zell, founder and chairman of Equity International, talks about the outlook for the US real estate market and economy and his strategy. Zell speaks with Betty Liu on Bloomberg Television's "In the Loop. ...
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China Stocks Fall, Head for Biggest Monthly Drop Since May on Tight Credit
Bloomberg
By Bloomberg News - Wed Aug 31 03:48:57 GMT 2011 A man monitors stock prices at a securities exchange firm in Shanghai, China. Photographer: Qilai Shen/Bloomberg China's stocks fell, extending the benchmark index's biggest monthly drop since May, ...
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Haven Demand Spurs Most Covered Bond Sales in Five Months
Bloomberg
Photographer: Jason Alden/Bloomberg Banks from Britain to Austria and France offered at least 6.15 billion euros ($9 billion) of covered bonds in the busiest day of sales of the top-rated securities in almost five months. Barclays Plc (BARC), the UK's ...
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Walsh Says Buffett's Call to Tax Wealthy `Disingenuous'
Washington Post
30 (Bloomberg) -- US Representative Joe Walsh, an Illinois Republican, talks about his opposition to billionaire Warren Buffett's call to increase taxes for the wealthy. Walsh, speaking with Matt Miller and Deirdre Bolton on Bloomberg Television's ...
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Euro Declines on Signs of Faltering European Recovery; Yen, Franc Gain
Bloomberg
30 (Bloomberg) -- Robert Sinche, global head of currency strategy at RBS Securities Inc., talks about factors affecting the US dollar and euro. He speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg) The euro fell for a ...
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Japan Production Increased Less Than Expected
Bloomberg
Photographer:Haruyoshi Yamaguchi/Bloomberg Aug. 31 (Bloomberg) -- Hiromichi Shirakawa, chief Japan economist at Credit Suisse in Tokyo, talks about the outlook for the nation's economy. Japan's industrial production rose 0.6 percent in July from a ...
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Fed Prepares Ground for Possible Easing as Officials Debate Stimulus Moves
Bloomberg
Photographer: Andrew Harrer/Bloomberg Aug. 31 (Bloomberg) -- Robert Carnell, chief international economist at ING Bank NV, talks about Federal Reserve monetary policy and the prospect of another recession in the US He speaks with Linzie Janis on ...
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Bloomberg Sports Launches Improved Fantasy Football Tools
Bloomberg
NEW YORK -- Bloomberg Sports today announced the launch of their newly enhanced and improved Decision Maker 2011, a web-based and mobile interactive fantasy football application that uses Bloomberg's state-of-the art advanced analytic tools to advise ...
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Wilbur Ross Sees U.S. Economy Entering 'Subpression' With Limited New Jobs
Bloomberg
30 (Bloomberg) -- Wilbur Ross, chairman of private-equity firm WL Ross & Co., and James Lockhart, vice chairman, talk about the outlook for the US economy, housing and labor markets. Speaking with Matt Miller and Deirdre Bolton on Bloomberg ...
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Mayor Michael Bloomberg hopes federal government will pay for Hurricane Irene ...
New York Daily News
Mayor Bloomberg said it will be weeks before city officials tally up New York's storm bill - and asks the feds to pay for the damage - but he insisted that preparing for Irene was money well-spent. "We were just unwilling to risk the life of a single ...
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New York Daily News
Philippine Economy Expanded Slower-Than-Estimated 3.4% in Second Quarter
Bloomberg
Photographer: Edwin Tuyay/Bloomberg Aug. 31 (Bloomberg) -- Katrina Ell, an economist at Moody's Analytics Australia in Sydney, talks about the latest growth data from the Philippines. The Philippine economy grew less than economists expected last ...
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Containers Slump to 50-Year Low as Ships From China Slow: Freight Markets
Bloomberg
Photographer: Xabier Mikel Laburu/Bloomberg The container-shipping industry is contending with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, as a capacity glut combines with the slowest growth in trade ...
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Peabody Shows Coal Deals Burn Investors
Bloomberg
Source: Macarthur Coal Ltd. via Bloomberg Aug. 30 (Bloomberg) -- Owen Hegarty, vice chairman of G-Resources Group Ltd., a Hong Kong-based mining company backed by BlackRock Inc., talks about the outlook for gold and coking coal. ...
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Icahn Makes 'Back-Stop' Offer for Clorox
Bloomberg
Photographer: Chip East/Bloomberg Aug. 30 (Bloomberg) -- Billionaire investor Carl Icahn talks about his his third takeover offer in two months for Clorox Co. Icahn has been campaigning to oust Clorox's directors and put the company up for sale. ...
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Father of Libya Revolution May Not Lead Post-Qaddafi Era
Bloomberg
To contact the reporters on this story: Flavia Krause-Jackson in Washington at fjackson@bloomberg.net; Massoud A. Derhally in Beirut at mderhally@bloomberg.net; Christopher Stephen in Libya at cstephen9@bloomberg.net To contact the editors responsible ...
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Hedge Funds Most Bearish on Stocks Since '08: Technical Analysis
San Francisco Chronicle
30 (Bloomberg) -- Bearish bets by hedge funds on Standard & Poor's 500 Index futures increased to the highest level since before the financial crisis three years ago, Bank of America Corp.'s Mary Ann Bartels said. "Readings are a 'crowded short' for ...
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Australia, Japan Bond Risk Drops, Credit-Default Swaps Show
San Francisco Chronicle
31 (Bloomberg) -- The cost of protecting Australian and Japanese corporate bonds from default fell, according to traders of credit-default swaps. The Markit iTraxx Australia index dropped 1 basis point to 163.5 basis points as of 10:17 am in Sydney, ...
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In Coney, Bloomberg, Marty Warn of Danger From Storm
Brooklyn Daily Eagle
by contributor (contributors@brooklyneagle.net), published online 08-30-2011 By Cynthia Magnus CONEY ISLAND — “It isn't cute to say, 'I'm tougher than the storm,'” Mayor Michael Bloombergsaid at the 60th Police Precinct in Coney Island on Saturday ...
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Tampa Water Offers $129 Million as Sales Shrink With Budgets: Muni Credit
Bloomberg
The offering is the third-largest in a week with about $1.8 billion of municipal debt slated for sale, the lowest in the week before Labor Day in at least eight years, according to data compiled byBloomberg. Tax-exempt borrowers are less likely to ...
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Deceased Enron CEO Lay Triumphs Over IRS in Tax Court
Washington Post
30 (Bloomberg) -- Kenneth Lay, the deceased chief executive officer of Enron Corp., defeated the Internal Revenue Service in the agency's bid to collect $3.9 million from his estate and his wife, the US Tax Court ruled. Deirdre Bolton reports on ...
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Vivendi Posts Surprise Increase in Q2 Profit
Bloomberg
Photographer: Jin Lee/Bloomberg Vivendi SA chief executive officer Jean-Bernard Levy. Vivendi SA chief executive officer Jean-Bernard Levy. Photographer: Fabrice Dimier/Bloomberg Vivendi SA (VIV), owner of the world's largest video-game and music ...
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GE Invests in Australia Solar Farm to Power Desalination Plant
San Francisco Chronicle
30 (Bloomberg) -- General Electric Co.. the world's largest maker of electricity-generation equipment, is investing in a 10-megawatt solar project in Australia that will use panels from First Solar Inc. GE and Verve Energy, a state-owned utility based ...
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Reynolds Returns 39% Managing No.1 Fund Buying Stocks with China Footprint
Bloomberg
Photographer: Douglas Adesko/Bloomberg Markets via Bloomberg. Mutual-fund manager Frederick “Fritz” Reynolds lives in Maui, Hawaii, and Las Vegas. The Maui home was his choice. He decided to buy in Vegas earlier this year partly because he couldn't ...
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Sugar May Drop as Climbing European, Asian Supplies Fill Brazil Shortfall
Bloomberg
Photographer: Prashanth Vishwanathan/Bloomberg Sugar prices may drop at least 13 percent by early next year as an increase in supplies from Europe and Asia counter a drop in production in Brazil, according to broker and researcher Kingsman SA. ...
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Sony, Toshiba, Hitachi to Merge LCD Businesses, Form State-Backed Venture
Bloomberg
Photographer: Kiyoshi Ota/Bloomberg Sony Corp. (6758), Toshiba Corp. (6502) and Hitachi Ltd. (6501) agreed to spin off and merge their display businesses, paving the way for the creation of the world's largest maker of screens used in mobile phones and ...
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Grade Mayor Bloomberg's performance during Hurricane Irene ...
By Staten Island Advance
STATEN ISLAND, N.Y. -- Better safe than sorry? Or a textbook case of overreaction? One thing's for sure: You can't say Mayor Bloomberg was caught on his heels by Hurricane Irene. In an unprecedented move, Bloomberg on Friday ordered a ...
Staten Island Real-Time News
Euro Declines Versus Yen on Slowing Recovery – Bloomberg ...
By forex - Google News
Financial Newsbusiness news. Stock Market, Forex, Commodities, Business news ... Euro Declines Versus Yen on Slowing Recovery – Bloomberg ... After Debt Crisis, Slow Pace of Growth Becomes A New Worry For EuropeDice News ...
Financial News
Bloomberg submits FCC filing asking Comcast to ... - Talking Biz News
By Chris Roush
Bloomberg LP is confident that Chairman Genachowski and his colleagues will require Comcast to abide by the independent news neighborhooding condition to which Comcast affirmatively agreed to gain approval for its acquisition of NBCU ...
Talking Biz News
Asian Stocks Rise a Fifth Day on Fed Outlook – Bloomberg | Wall ...
By Google Inc.
Bloomberg Japanese yen notes are arranged for a photograph in Tokyo, Japan. Photographer: Tomohiro Ohsumi/Bloomberg Aug. 31 (Bloomberg) -- Russ Koesterich, the San Francisco-based global chief investment ... Morning News Call ...
Wall Street Financial News
NewsDaily: Bloomberg LP must defend Swatch analyst call case
By Moira Herbst
Bloomberg LP lost a bid to dismiss a lawsuit by Swatch Group AG that accused the news service of secretly recording an earnings conference call with securities analysts and giving a transcript to clients.
NewsDaily: Top Headlines
IP Newsflash - Kodak, Delano Farms, Hachette, Bravado: Intellectual ...
Medtronic, NuVasive Spar Over Surgical Patent Infringement in Jury Trial - Bloomberg. found 11 h ago on news.google.com Tweet · Lodsys scrambling to keep Apple out of patent suit with iOS developers - Appolicious. found 11 h ago on ...
IP Newsflash - intellectual property...
Hon Hai posts decreasing Q2 income | China business news
By CBN
Profit was forecast to be NT$14.72 billion, according to the average of 13 analysts' estimates compiled by Bloomberg. Second-quarter profit last ... Stay informed everyday. Subscribe to free RSS and email updates from China Business News ...
China business news
El Bloombito - Pundit Kitchen: Lol News and Lol Sarah Palin, Barack ...
By Cheezburger Network
political pictures - bloomberg - El Bloombito. ... Covering Lol Politics and Lol News. ... A joke Twitter account mocking New York City Mayor Michael Bloomberg popped up after a video of him speaking remarkably bad Spanish hit the 'tubes. ...
Pundit Kitchen: Lol News and...
Report: Fuel malfunction caused failure of Russian Progress launch ...
By Lee Roop, The Huntsville Times
MOSCOW - The Russian space agency Roskosmos says a fuel malfunction caused the crash of a cargo spaceship last week, Bloomberg News is reporting. The unmanned Progress ship crashed before reaching orbit on a supply run to the ...
Space News from The Huntsville Times
Consumer Confidence Falls to April '09 Level | CFOworld
By rharris
Economists predicted the August gauge would fall to 52, according to the median forecast in aBloomberg News survey. An unemployment rate above 9 percent, a downgrade of the country's top credit rating, partisan squabbling over the ...
CFOworld Latest Articles
Myth vs. Fact: USGS/EIA Marcellus Data « Marcellus Shale Coalition
By admin
CLAIMS: Citing Philip Budzik, an Energy Information Administration (EIA) bureaucrat who touts the work of anti-shale gas groups like the Natural Resources Defense Council (NRDC), Bloomberg Newsclaims new USGS data will cause “U.S. ...
Marcellus Shale Coalition
Tekedia » [News Flash] Access Bank To Buy 75% Of Intercontinental ...
By Tekedia Editors
And we are following up with a Bloomberg report that Access Banks wants to buy 75% of Intercontinental Bank. Notice that with IFC investment, there could be job losses in GTBank and if Access Bank acquires Intercontinental, there will be ...
Tekedia
Bloomberg Sports Launches Improved Fantasy Football Tools ...
Bloomberg Sports Launches Improved Fantasy Football Tools. ... News about Bloomberg on ITbriefing.net .... News about DAP Technologies on ITbriefing.net. TEMPE, Ariz., Aug. 30, 2011 -- DAP Technologies today announced that it will ...
ITbriefing.net
Health Highlights: Nov. 23, 2010 – Health OMG!
By healthday
The recalls at the wholesale and retail level are due to “insufficiencies in the development of the manufacturing process,” company spokeswoman Bonnie Jacobs told Bloomberg news. She said the recalls are not associated with adverse ...
Health OMG!
SellMyMobile.com News » News Archive » BlackBerrys to Run ...
By Jennie Cole
One commentator from the Bloomberg News agency said the plan to release the first Android compatible BlackBerrys would commence from early 2012. This is probably a smart move by RIM as their BlackBerry app store is very limited, ...
SellMyMobile.com News
A Tax Reform to Kick-Start the ... - Black News Black News Junkie
A Tax Reform to Kick-Start the Economy: Laurence Kotlikoff - Bloomberg - BlackNews Junkie: All the Black news a Black news Junkie can handle. Black political news, Black entertainment News, Black sports News.
Black News Junkie - All the news...
Pharmalot… Pharmalittle… Good Morning // Pharmalot
By Ed Silverman
Ipsen Raises Sales Forecast And Names Finance Chief (Bloomberg News). UK Biotech Stars Just Fade Away (The Guardian ... FDA Rejects NuPathe Migraine Patch (Reuters). Teva Says Copaxone Lawsuit Will Go To Trial (Bloomberg News) ...
Mayor Bloomberg's 3pm News Conference | Video | 7online.com
Watch Eyewitness News updates on the hour CLICK HERE | Submit Your Photos · Flooding warnings in effect across the region | Check ...
abclocal.go.com/wabc/video?id=8330530

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