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Sep 6, 2011

BLOOMBERG News, Sep 06, 2011

Giuliani and Bloomberg: NY mayors linked by Sept 11
Reuters
New York City Mayor Rudy Giuliani embraces mayoral candidate Mike Bloomberg at a press conference on the steps of City Hall in New York in this October 27, 2001 file photo. Had it not been for the Sept. 11 attacks, neither Giuliani nor Bloomberg would...
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Asia Stocks, Euro Drop as Treasury 10Y Yield Falls
Bloomberg
Photographer: Tomohiro Ohsumi/Bloomberg Sept. 6 (Bloomberg) -- Lorraine Tan, director of Asia equity research at Standard & Poors, talks about the outlook for the global economy and Asian equities. Tan speaks with John Dawson on Bloomberg Television's ...
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Andy keeps distance
New York Post
Cuomo didn't exactly rush to Mayor Bloomberg's defense yesterday when asked about the City Hall scandal involving the arrest of then-Deputy Mayor Stephen Goldsmith. Cuomo -- who has butted heads with Hizzoner since taking office in January -- offered a ...
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China's Stocks Fall for 4th Day as Europe Adds to Slumping Growth Concerns
Bloomberg
By Bloomberg News - Tue Sep 06 05:08:54 GMT 2011 China's stocks fell for a fourth day on concern the nation's economic growth will slow further as the government maintains tight monetary policies to fight inflation and Europe's debt crisis worsens. ...
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'Gates lashed out, called Netanyahu an ungrateful ally'
Jerusalem Post
COM STAFF 'Bloomberg' column details former US defense secretary's feelings that Netanyahu was "impudent," unable to cope with growing Israeli isolation or criticism shared by Obama, Clinton. Former US defense secretary Robert Gates lashed out Prime ...
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Gold Rises Above $1900 an Ounce as Growth, Debt Concerns Enhance Demand
Bloomberg
Photographer: SeongJoon Cho/Bloomberg Sept. 6 (Bloomberg) -- Jonathan Barratt, a managing director of Commodity Broking Services Pty in Sydney, talks about cotton, gold, and oil. Barratt speaks with John Dawson on Bloomberg Television's "On the Move ...
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Banks Driving Widest Price Swings in Last Trading Hour Since 2009: Options
Bloomberg
The unprecedented trading caused the biggest moves in the S&P 500 during the final hour of the session since the index bottomed in March 2009 and contributed to the largest August drop in a decade amid growing concerns about the economy, Bloomberg data ...
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Apple iPhone 5 pre-orders being taken by Germany's Deutsche Telekom
Los Angeles Times
T-Mobile USA's parent company, Deutsche Telekom, is taking pre-orders for Apple's iPhone 5 in Germany, even though the new iPhone hasn't yet been revealed by Apple, according to Bloomberg. So far, there is no release date, price, specifications or any ...
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Euro Declines Before German Factory Orders Report, Swiss Franc Advances
Bloomberg
6 (Bloomberg) -- Todd Elmer, head of Group-of-10 currency strategy for Asia ex-Japan at Citigroup Inc. in Singapore, talks about the outlook for the Australian dollar and the euro. Elmer speaks with Susan Li on Bloomberg Television's "First Up." ...
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European Banks Under Assault in Markets That Remind Ackermann of Late 2008
Bloomberg
Photographer: Hannelore Foerster/Bloomberg Sept. 5 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann says financial market conditions won't lead to job cuts yet but cost reductions will be considered if the outlook remains ...
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Australian, N.Z. Dollars Fall on Growing European Debt Concern
Bloomberg
Germany's Economy Ministry will say today that factory orders fell 1.5 percent in July from the previous month, according to the median estimate of economists surveyed by Bloomberg News. That would be the first drop since March. ...
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Asian Currencies Weaken, Led by Rupiah, as European Debt Concern Mounts
Bloomberg
The rupiah weakened 0.3 percent to 8565 per dollar as of 9:38 am in Jakarta, according to data compiled by Bloomberg. The peso dropped 0.3 percent to 42.292, while the Singapore dollar, South Korea's won and Malaysia's ringgit fell 0.2 percent to ...
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GE Beating S&P Through 2013 Sets Profit Goal as Immelt Decade Skirts Abyss
Bloomberg
Photographer: Andrew Harrer/Bloomberg Jeffrey Immelt, saying he holds few regrets after leading General Electric Co. (GE) in 10 years bracketed by terrorism and a nuclear meltdown, predicts a payoff through 2013 as reinvigorated industrial units expand ...
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Hong Kong's Office, Home Prices May Decline in Next Two Years, MGPA Says
Bloomberg
Photographer: Jerome Favre/Bloomberg Hong Kong's currency peg is creating a “massive” inflation as it forces the city to follow low interest rates in the US even as it benefits from the economic growth in China, MGPA Asia chief executive officer John ...
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DAYBOOK MEXICO: Central Bank Reserves, Wal-Mart de Mexico Sales
Bloomberg
The currency has lost 1.6 percent this year, the second-worst performance among major Latin American currencies tracked by Bloomberg after Argentina's peso. *Retailers: Mexico's consumer confidence index fell to 93.4 in August from 95.5 in July, ...
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Ringgit Declines on Growing European Debt Concern, Rate Outlook
Bloomberg
8, according to all 18 economists surveyed by Bloomberg. The Stoxx Europe 600 Index posted its biggest two-day drop since March 2009 yesterday as the fifth election defeat for German Chancellor Angela Merkel's party this year and reports of a rift ...
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Carbon Cap Revival Led by Gillard Called Stupid by Xstrata
BusinessWeek
6 (Bloomberg) -- Julia Gillard, determined to join efforts to reduce global warming, intends to revive cap and trade as Europe puts curbs on the United Nations-run emissions credit market and the US opts out entirely. The Australian prime minister's ...
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Economies Show Voters Aren't Careful About Wishes
Bloomberg
5 (Bloomberg) -- Andrew Freris, senior investment strategist for Asia at BNP Paribas Wealth Management, talks about the US economy, stocks, and Federal Reserve monetary policy. Freris, speaking in Hong Kong with John Dawson on Bloomberg Television's ...
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Opposing view: Reconsider 9/11 memorial, Mayor Bloomberg
USA Today
New York City Mayor Michael Bloomberg's decision not to invite clergy of any faith to commemorate the anniversary Sunday at Ground Zero is a mistake. The move is deeply offensive to the many Americans who find solace and healing in prayer. ...
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Mongolia Says $3B Coal IPO Likely Next Year
Bloomberg
6 (Bloomberg) -- Khurelbaatar Chimed, Minister of Mongolia and Chief of the Cabinet Office, talks about the prospects for selling a stake in the country's Erdenes Tavan Tolgoi coal-mining company to the public next year. Chimed, speaking yesterday in ...
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Delhi Building Boom in Suburbs Overlooking F1 Track Challenged by Farmers
Bloomberg
Photographer: Prashanth Vishwanathan/Bloomberg A real estate agent draws the curtains inside a display unit at a high-rise luxury apartment block adjacent to a golf course in Noida, India. A real estate agent draws the curtains inside a display unit at ...
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EU High-Frequency Trades, Silvercorp, Indonesia-WTO: Compliance
San Francisco Chronicle
6 (Bloomberg) -- High-frequency trading firms may face greater scrutiny from market regulators as part of plans drawn up by the European Union to reduce excessive risk taking. The EU is planning to impose detailed requirements on high- frequency ...
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British Pound Drops as Job Confidence Sinks, Goldman Sees QE in November
Bloomberg
Sterling slipped below its 200-day moving average, currently at $1.6123, for the first time since July 19, according to data compiled by Bloomberg. The pound weakened for a fifth day against the Swiss franc, sliding 1.2 percent to 1.2631 francs. ...
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Polish Credit-Default Swaps Have Hit 'Quite Absurd' Level, Radziwill Says
Bloomberg
The contracts rose 67 basis points in the past 12 months, the biggest increase among 20 emerging-market economies tracked by Bloomberg. “The level of our CDS is probably quite absurd right now,” as they are higher than almost all countries in Asia and ...
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Swiss Private Bankers Pursue Acquisitions to Solve 'Growth or Die' Dilemma
Bloomberg
6 (Bloomberg) -- Arno Endres, head of research at Luzerner Kantonalbank AG, talks about the outlook for Swiss private banks as punitive tax agreements make the nation less attractive for rich foreign clients. He speaks from Zurich with Linzie Janis on ...
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Spreads Diverge From Ratings by Most in 20 Years: Credit Markets
San Francisco Chronicle
6 (Bloomberg) -- Fear is overpowering greed in the $7.6 trillion US corporate bond market, with investors pricing in the biggest reversal in credit quality in more than two decades as the economy falters and Europe's debt crisis worsens. ...
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South Korea's Economy Grows More Than Initially Estimated on Construction
Bloomberg
Photographer: SeongJoon Cho/Bloomberg Sept. 6 (Bloomberg) -- Charles Kim, head of South Korean equity sales at Mirae Asset Securities Co., talks about the nation's stock market and investment strategy. Kim speaks with Susan Li on Bloomberg Television's ...
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Fund Managers Bullish on Stocks in Q3: HSBC
Bloomberg
Profits for Standard & Poor's 500 Index companies may grow 19.4 percent in 2011 from a year earlier, according to earnings estimates compiled by Bloomberg. Fund managers also turned more bullish on equities in the Greater China region this quarter amid ...
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UAW Relies on GM to Set Pattern for Auto Agreement
Bloomberg
Photographer: David Paul Morris/Bloomberg The United Auto Workers, bargaining a new contract for US automakers, is turning to General Motors Co. to set the pattern for wages and benefits for the US industry, said three people familiar with the ...
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Pools Mist Names of the Dead With Grace at 9/11 Memorial: James S. Russell
Bloomberg
Photographer: James S. Russell/Bloomberg Swamp white oak trees are planted on the 8-acre plaza that surrounds the pools of The National September 11 Memorial and Museum. Landscape architect Peter Walker has instructed arborists to trim the branches of ...
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Violent Weekend! 24 People Shot In 24 Hours In NYC
News One
New York City Mayor Michael Bloomberg is demanding action from Washington after 24 people where shot in the city during a span of 24 hours, this Labor Day weekend. A rash of shootings in Brooklyn, Queens and the Bronx from 6 am Saturday to 6 am Sunday ...
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News One
Bloody Weekend: 24 Shot in 24 Hours Prompting Mayor Bloomberg to Call For ...
Fox News (blog)
AP Graphics Twenty-four New Yorkers were hit by gunfire, one fatally, over 24 hours of violence this weekend, prompting Mayor Bloomberg to call the bloody stretch "unconscionable" and demand action from Washington. The eruption of shootings from 6 am ...
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Fox News (blog)
Apple Plans to Open First Store in Hong Kong This Quarter
Bloomberg
Photographer: Paul Hilton/Bloomberg People walk outside the Apple Inc. store in Shanghai. Apple, which didn't open its first store in China until 2008, now has two stores each in Beijing and Shanghai. Those four stores generate, on average, ...
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Masan Group Unit Offers to Buy 50.11% of Vinacafe Bien Hoa
Bloomberg
By Bloomberg News - Tue Sep 06 05:47:01 GMT 2011 Masan Consumer Corp., a unit of Vietnam's biggest publicly traded company, offered to buy 50.11 percent of Vinacafe Bien Hoa Joint-Stock Co., according to a statement on Vinacafe's website. ...
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China Seeks International Debt Rating Agency
Bloomberg
By Bloomberg News - Tue Sep 06 05:59:45 GMT 2011 China's Dagong Global Credit Rating Co. is aiming to cooperate with fellow rivals to the world's three largest graders of debt in an effort to strengthen international competition. ...
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Gold Not in a Bubble as Central Banks Print Cash, Faber Says
BusinessWeek
6 (Bloomberg) -- Gold's rally above $1900 an ounce shows no signs of a “bubble” as central banks continue to boost money supply that has helped spur bullion to a record, according to investor Marc Faber. “I don't think that gold is in a bubble,” Faber, ...
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Sales Set to Slip to Seven-Year Low as Issuers Curb Spending: Muni Credit
Bloomberg
9, the least in the period since 2004, according to data compiled by Bloomberg. Local and state governments have reduced payrolls by 671000 positions since August 2008, and the US failed to add any jobs in August, discouraging officials from borrowing ...
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German Bund Yield Falls to Record Low as Stocks Decline Fuels Haven Demand
Bloomberg
Euro-region gross domestic product expanded 0.2 percent in the second quarter, are expanding 0.8 percent in the previous three months, according to the median of 34 estimates in a Bloomberg News survey. German government bonds have returned 7.4 percent ...
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Obama Jobs Speech to Push for Infrastructure
Bloomberg
The median forecast in a Bloomberg News survey had called for a rise of 65000. The unemployment rate in Michigan was 10.9 percent in July, higher than the national average and down from a high of 14.1 percent in September 2009. ...
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Obama Jobs Speech to Push for Infrastructure – Bloomberg | Wall ...
By Google Inc.
Share Financial Times Obama Jobs Speech to Push for Infrastructure Bloomberg Job seekers register at the front desk during a career fair hosted by National Career Fairs in Arlington, Virginia. Obama will unveil his new jobs agenda as unemployment remains at 9.1 percent more than ... For Obama, a Familiar Labor Day ThemeNew York Times ... Los Angeles Times -Wall Street Journal -MSU State News all 2351 news articles ». Short URL: http://www.wallst.net/?p=255482. Posted by...
Wall Street Financial News
XE.com - Giuliani & Bloomberg - NY mayors linked by Sept 11
Had it not been for the Sept. 11 attacks, neither Rudy Giuliani nor Michael Bloomberg would have such high profiles on the American political stage.
XE Forex News
Giuliani and Bloomberg: NY mayors linked by Sept 11
By The Huffington Post News Editors
Giuliani and Bloomberg: NY mayors linked by Sept 11. First Posted: 9/6/11 01:27 AM ET Updated: 9/6/11 03:15 AM ET. React. Amazing Inspiring Funny Scary Hot Crazy Important Weird. Read more. Home News ...
The Full Feed from HuffingtonPost.com
Bloomberg justifies decision on deputy mayor's arrest | GantDaily.com
By AHN
Kris Alingod - AHN News Contributor New York, NY, United States (AHN) - New York Mayor MichaelBloomberg failed to satisfy critics with his defense on Sunday.
GantDaily.com
In Flex We Trust » Mayor Bloomberg Says He's Not Sorry For ...
By WiL
News. Mayor Bloomberg Says He's Not Sorry For Keeping Quiet On Arrest Behind Stephen Goldsmith's Leaving Office. 09.05.11 | No Comments. A defiant Mayor Bloomberg refused Sunday to say he's sorry for failing to make public the ...
In Flex We Trust
The Yeshiva World NYC's Bloody Weekend ... - Yeshiva World News
By Y.W. Editor
Twenty-four New Yorkers were hit by gunfire, one fatally, over 24 hours of violence this weekend, prompting Mayor Bloomberg to call the bloody stretch “unconscionable” and demand action from Washington. The eruption of shootings from 6 ...
Yeshiva World News
Equities fall on weak US job data | China business news
By CBN
It is valued at 11.4 times estimated earnings, a record low, according to daily data compiled by Bloomberg. The August drop in the Chinese ... The median forecast in a Bloomberg News survey called for an increase of 68000. Bloomberg News ...
China business news
A.M. news links: Bloomberg defends his handling of aide's arrest ...
Mayor Michael R. Bloomberg acknowledged on Sunday that he had concealed the domestic violence arrest of former Deputy Mayor Stephen Goldsmith, but said ...
www.silive.com/.../am_news_links_bloomberg_defend.html
LVMH Weighs Bid For Amanresorts: Sources - Bloomberg News
532868 Dlf Limited Inr2 LVMH Weighs Bid For Amanresorts: Sources - Bloomberg News.
www.advfn.com/news_LVMH-Weighs-Bid-For-Amanresorts-...
Defiant Bloomberg confesses - One News Page Politics
Defiant Bloomberg confesses: He knew. He kept it quiet. And he's not sorry! A defiant MayorBloomberg admitted yesterday that he hid from the.. Politics on One ...
www.onenewspage.com/.../Defiant-Bloomberg-confesses.htm
FOX News - Politics - State & Local News - Bloomberg Stands By ...
FOX News - Politics. Bloomberg Stands By Decision to Leave Out Clergy at 9/11 Ceremony. Aug 26, 2011 3:54 PM EDT. (page 1 of 3) View Entire Story ...
politics.foxnews.mobi/quickPage.html?page=33234...

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