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Sep 12, 2011

BLOOMBERG News, Sep 12, 2011


Asian Stocks, Futures Fall
Bloomberg
Photographer: Tomohiro Ohsumi/Bloomberg Sept. 12 (Bloomberg) -- Michael McCarthy, chief market strategist at CMC Markets in Sydney, talks about the outlook for the euro. McCarthy speaks with Susan Li on Bloomberg Television's "First Up." (Source: ...
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NYC mayor: Victim in political operative's trial?
The Associated Press
In short, the upcoming trial of a campaign operative charged with stealing $1.2 million from Mayor Michael Bloomberg promises to be can't-miss drama for political junkies, if an awkward episode for a mayor who likes to be seen as above the political ...
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Europe Stress Seen in Rates on Commercial Paper: Credit Markets
San Francisco Chronicle
12 (Bloomberg) -- Societe Generale SA, BNP Paribas SA and Credit Agricole SA are being quoted higher rates than their competitors in the commercial paper market as the crisis in the euro zone spreads beyond Greece, Portugal and Italy. ...
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Australian, New Zealand Dollars Drop to 3-Week Low on Greek Default Risk
Bloomberg
12 (Bloomberg) -- Tim Harcourt, the chief economist of the Australian Trade Commission, talks about the nation's trade surplus, which was little changed in July from a month earlier as an increase in metals exports helped offset a decline in coal ...
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China Strength Defies Hard Landing Scenario
Bloomberg
By Bloomberg News - Mon Sep 12 04:08:10 GMT 2011 Sept. 9 (Bloomberg) -- Jeffrey Schwartz, deputy chairman of Global Logistic Properties Ltd, talks about business expansion in Asia and the economic slowdown in the US Schwartz speaks with Pimm Fox on ...
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U.S. Stock-Index Futures Decline Amid Concern About Greece's Debt Crisis
Bloomberg
12 (Bloomberg) -- Benjamin Pedley, head of investment strategy for North Asia at HSBC Private Bank, talks about global financial markets. Pedley, speaking in Hong Kong with Rishaad Salamat onBloomberg Television's "On the Move Asia," also discusses ...
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Oprah Twin Pops 'Up All Night,' Azaria Cries in 'Agents': Review
Bloomberg
Photographer: Trae Patton/NBC via Bloomberg Hank Azaria and Kathryn Hahn in "Free Agents" which previews Wednesday on NBC at 10:30 pm New York time. Hank Azaria and Kathryn Hahn in "Free Agents" which previews Wednesday on NBC at 10:30 pm New York time ...
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Treasury Yield Is Two Basis Points From Record Low on Greece's Debt Crisis
Bloomberg
Ten-year yields were little changed at 1.91 percent at 6:55 am in London, according to BloombergBond Trader prices. The 2.125 percent note due August 2021 was 101 29/32. Yields were as high as 1.94 percent during Asia trading. ...
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Terror Threat Spurs NYC Frozen Zones, Searches
Bloomberg
New York police have stopped at least 13 terrorist attacks since 2001, Mayor Michael Bloombergsaid. While the killing of al-Qaeda leader Osama bin Laden earlier this year has helped reduce the threat, the mayor said, “The one thing we know is the ...
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Inflation Bonds Show Growth Worry; Rates Point to 1.3% CPI
BusinessWeek
12 (Bloomberg) -- Returns on inflation-linked bonds fell below those of government debt by the most in almost three years as the world economic slump makes it less likely that easy monetary policies will trigger spiraling consumer prices. ...
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Draghi May Struggle to Deliver on ECB Stimulus as Stark Resigns Over Bonds
Bloomberg
Photographer: Antoine Antoniol/Bloomberg Sept. 12 (Bloomberg) -- Robert Rennie, chief currency strategist in Sydney at Westpac Banking Corp., talks about Europe's sovereign debt crisis and the outlook for European Central Bank monetary policy. ...
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Gold Advances as Europe's Escalating Debt Contagion Boosts Haven Demand
Bloomberg
8, Bloomberg data show. Hedge funds and other money managers added to their net-long gold positions by 4 percent to 184371 contracts in the week to Sept. 6, data from the US Commodity Futures Trading Commission showed. Twenty-two of 26 traders, ...
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India Industrial Output Grows at Slowest Pace Since '09, Missing Estimates
Bloomberg
The median of 26 estimates in a Bloomberg News survey was for a 6.2 percent advance. Reserve Bank of India Governor Duvvuri Subbarao has to weigh the risks to expansion posed by Europe's debt crisis and a faltering US recovery against inflation when he ...
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Kirin Leads Surge in Company Bond Sales as Yields Cut Costs: Japan Credit
Bloomberg
Photographer: Kiyoshi Ota/Bloomberg Japanese companies led by Kirin Holdings Co. and Dainippon Screen Manufacturing Co. are accelerating the pace of debt sales as the nation's borrowing costs dip to a four-month low. Borrowers offered 573 billion yen ...
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Romanian August Inflation Rate Declines to Lowest in 17 Months
Bloomberg
August inflation was estimated at 4.6 percent, according to the median forecast of nine economists surveyed by Bloomberg. Consumer prices fell 0.35 percent on the month. Eastern European central banks including Romania have left borrowing costs ...
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Wheat Rallying as Great Plains Drought Overcomes Surge in Russian Exports
Bloomberg
Photographer: Andrey Rudakov/Bloomberg This year's surge in Russian wheat exports, big enough to feed Japan for more than two years, may fail to stop a rally as global demand overwhelms supply curbed by droughts from the US to Australia. ...
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Perry Leaves More Children Behind as Budget Cuts Squeeze Schools in Texas
Bloomberg
19 (Bloomberg) -- US Education Secretary Arne Duncan says Texas's school system "has really struggled" under Governor Rick Perry, a Republican candidate for president, and the state's substandard schools do a disservice to children. ...
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Obama Wins Argument as Republicans Seize Narrative: Albert Hunt
Bloomberg
By Albert R. Hunt Sun Sep 11 15:01:32 GMT 2011 Comments Albert R. Hunt is the executive editor of Bloomberg News, directing coverage of the Washington bureau, which includes more than 250 reporters and editors. He hosts the weekly television show ...
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Sprint Plans Unlimited Data Offer With Apple's IPhone: Sources Bloomberg News
NASDAQ
(S) plans to offer unlimited data service plans with Apple Inc. (AAPL)'s iPhone next month,Bloomberg News reported during the weekend on its website, citing unnamed sources. Sprint is set to become the country's only carrier to offer the iPhone with ...
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Rush to Restaurant Real Estate Brings 53% Increase in Valuation: Real M&A
Bloomberg
The 10 biggest US restaurants that sell for less than the value of their property, plants and equipment trade at 70 cents on the dollar, according to data compiled by Bloomberg. With the restaurants slumping twice as much as the Standard & Poor's 500 ...
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DAX Divides Analysts From Investors on Valuations
Bloomberg
Photographer: Hannelore Foerster/Bloomberg Sept. 9 (Bloomberg) -- Richard Lacaille, chief investment officer at State Street Global Advisors, talks about Juergen Stark's resignation from the European Central Bank's Executive Board. ...
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Fiat Frets Volkswagen Up! With Europe Turnaround at Risk: Cars
Bloomberg
Photographer: Jason Alden/Bloomberg The new Fiat Panda. Source: Fiat SpA via Bloomberg Fiat SpA (F)'s revamped Panda could be hurt by a competing compact from Volkswagen AG (VOW), jeopardizing efforts to turn around the Italian carmaker's unprofitable ...
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Scene Last Night: Steve Schwarzman, Byrdie Bell, Roitfeld Trio
Bloomberg
Photographer: Amanda Gordon/Bloomberg Gherardo Guarducci, a partner in the restaurant Sant Ambroeus. Gherardo Guarducci, a partner in the restaurant Sant Ambroeus. Photographer: Amanda Gordon/Bloomberg Carine Roitfeld, former editor of Vogue Paris. ...
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Libyan Opposition Advances on Sirte After Halting Assault on Bani Walid
Bloomberg
To contact the reporters on this story: Christopher Stephen in Abdul Rauf, Libya, at cstephen9@bloomberg.net. To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net.
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Honor the resilient city: Mayor Bloomberg reflects on 9/11, ten years later
New York Daily News
BY Michael R. Bloomberg Those are the words we spoke again and again in the aftermath of the Sept. 11 attacks. Never forget the people we lost and the lives they lived. Never forget the horror we witnessed and the heroism that inspired us. ...
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New York Daily News
Indian Stocks Decline on Greece Default, Rate Concerns; Tata Motors Drops
Bloomberg
The median of 26 estimates in a Bloomberg survey was for a 6.2 percent advance. Reserve Bank of India Governor Duvvuri Subbarao has to weigh the risks to growth posed by Europe's debt crisis, a faltering US recovery and slowing economic growth and ...
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Iran Says First Nuclear Plant at Bushehr to Start Power Production Today
Bloomberg
... which Iranian officials had estimated would start as early as 2009, has been repeatedly delayed because of technical glitches and the international dispute. To contact the reporter on this story: Ladane Nasseri in Tehran at lnasseri@bloomberg.net. ...
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Bordeaux Flows, Grapes Fly at Saint-Emilion's Harvest Festival: Elin McCoy
Bloomberg
Source: Chateau Villemaurine via Bloomberg A box of macarons from the famous shop Fabrique de Macarons owned by Nadia Fermiger in Saint-Emilion, France. The rustic cookies are made according to a secret 17th-century recipe from the Ursuline nuns. ...
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Israel's A+ at S&P Is No Relief for Shekel's Biggest Decline in Two Years
Bloomberg
The shekel is the fourth- worst performer among major currencies tracked by Bloomberg in Europe, the Middle East and Africa this quarter, after Turkey's lira, Hungary's forint and the Polish zloty. Credit-default swaps insuring Israeli government bonds ...
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EU Transactions Tax, India Yuan Loans, SEC Swap Rule: Compliance
San Francisco Chronicle
12 (Bloomberg) -- The European Union's planned tax on financial transactions should have a "broad base" covering equities, bonds, currencies and derivatives to ensure it can't be evaded, the finance ministers of France and Germany said. ...
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Philippine Peso Drops to Five-Week Low on Weak Exports Outlook
Bloomberg
Overseas shipments shrank 6.8 percent in July from a year earlier, following a 9.4 percent contraction the previous month, according to the median estimate of economists in a Bloomberg News survey. Asian stocks declined on concern Europe's debt crisis ...
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Erdogan Punishing Israel May Test Turkey's 'Great Power' Claim
Bloomberg
“I don't suppose Plan C means going over there and hugging Israelis,” he said. To contact the reporter on this story: Emre Peker in Ankara at epeker2@bloomberg.net. To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net.
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9/11 Memorial Day: Threats Against US Posted on White House Facebook Page
International Business Times
11 anniversary prior to this," Jim Margolin, a spokesman for the Federal Bureau of Investigation's New York office, told Bloomberg. "We are taking the logical investigative measures to assess this threat." Officials have been searching for evidence or ...
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International Business Times
UBS's McGill Honors Fellow New York Jets Fan Who Perished on Sept. 11
Bloomberg
Source: New York Jets via Bloomberg Joseph McGill, a New York Jets season-ticket holder since 1988, attends every home game with a sign taped over his jersey to honor his friend Alfonse Niedermeyer, a Port Authority police officer who died in the Sept. ...
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Japan Industry Minister Resigns After Gaffes
Bloomberg
12 (Bloomberg) -- Japan Prime Minister Yoshihiko Noda's effort to win public support for restarting nuclear reactors faces a setback after his minister in charge of the industry was forced to resign just nine days into the job. ...
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Nigerian Stocks Have Longest Weekly Losing Streak Since 2008
BusinessWeek
9 (Bloomberg) -- Nigerian stocks fell for a second straight day, extending the longest run of weekly losses since 2008, as oil declined and concern deepened the global economic recovery is faltering. The Nigerian Stock Exchange All-Share Index, ...
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Pound Falls Most in 9 Months Versus Dollar on Rates; Gilts Gain
BusinessWeek
10 (Bloomberg) -- The pound posted its biggest weekly decline in nine months against the dollar as investors added to bets the Bank of England will keep interest rates near record lows to support growth. Gilts rose for a second week as UK reports added ...
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Municipal-Bond Sales to Rise on Low-Rate Refinancing, RBC's Mauro Predicts
Bloomberg
The yield on top-rated 20-year tax-exempts was 3.4 percent today, the lowest since Oct. 27, according to data compiled by Bloomberg. Low yields had prompted investors to withdraw money from municipal-bond mutual funds for six straight weeks through Aug ...
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Nazi-Plundered Jewish Museum Shows Lost Collection in Berlin
Bloomberg
Source: Heirs of Max and Martha Liebermann/Stiftung Neue Synagoge Berlin via Bloomberg The entrance to the first Berlin Jewish Museum, which opened in 1933. The works featured include "The Prophet'' by Jacob Steinhardt from 1913, a 1932 statue of David ...
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Europe Banks at Post-Lehman Lows – Bloomberg | Wall Street ...
By Google Inc.
Bloomberg A pedestrian enters the headquarters of BNP Paribas SA in Paris, France. Photographer: Antoine Antoniol/Bloomberg Sept. 12 (Bloomberg) -- Carsten Brzeski, senior economist at ING Group in Brussels, discusses Greece's debt crisis ... all 338 news articles ». Short URL: http://www.wallst.net/?p=263204. Posted by Google Inc. . You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed....
Wall Street Financial News
China Strength Defies Hard Landing Scenario – Bloomberg ...
By forex - Google News
By Bloomberg News - Sun Sep 11 16:01:00 GMT 2011 China's record imports and a rebound in lending signaled strength in demand that offers a bright spot in a global economy contending with Europe's debt crisis and weakening US job ...
Financial News
Futures Slump On Swine Flu Fears – Bloomberg | Finance Assistant
By admin
Jon Erichman of Bloomberg News has the details on how swine flu could influence the trade as the US stock futures are lower. (Bloomberg News). Categories: Uncategorized. Tags: Bloomberg, Fears., Futures, slump, Swine Leave a comment ...
Finance Assistant
Economic Principals » Blog Archive » Some News about the News
By admin
I added Bloomberg News and Reuters to the list of publications that I look at every morning, along with the Financial Times, the NYT, the WSJ and The Washington Post (three in print, three on the web). That makes six national/international ...
Economic Principals
Despite Michael Bloomberg's Ban on Religion, President Obama ...
911 Anniversary, 9/11 memorial, 9/11 commemoration, michael bloomberg, rudy guiliani, george w bush, michelle obama, laura bush, psalm 46, prayers, religious speeches.
BCNN1 - Black Christian News
Libya - Rational Review News Digest -- the freedom movement's daily
By Thomas L. Knapp
Bloomberg News Posted in News. "Libyan opposition forces pushed toward Sirte, Muammar Qaddafi's birthplace and the last coastal town controlled by his supporters. A son of the deposed leader fled to Niger. Opposition units had switched ...
Rational Review News Digest
Gold is up 35 percent this year | China business news
Platinum for immediate delivery gained 0.3 percent to $1894.45 an ounce, trading below gold for a second day. Cash silver rose 0.6 percent to $43.1862 an ounce and palladium added 0.5 percent to $768.50 an ounce. – BLoomberg News ...
China business news
Lon's Article Directory » FM News 101.9 Takes Listeners Backstage ...
By kirdeona
Ex-News Corp. Lawyer Saw Dossier on Hacking Victims Lawyers – Bloomberg A former lawyer forNews Corp. NWSAs U.K. unit told British lawmakers he saw an internal dossier of personal information about phone-hacking victims lawyers ...
Lon's Article Directory
Bloomberg news alerts - Recent
Free download bloomberg news alerts Files at Software Informer - Southern Illinois University B-Line is a toolbar for Southern Illinois University fans that ...
softwaretopic.informer.com/bloomberg-news-alerts/
Bloomberg: Terror Threat Against NYC Credible - One News Page ...
Bloomberg: Terror Threat Against NYC Credible.. News video on One News Page on Friday, 9 September 2011.
www.onenewspage.com/.../Bloomberg-Terror-Threat-Against-...
Twitter / Bloomberg News: AOL said to discuss deal w ...
AOL said to discuss deal with Yahoo advisers | http://t.co/u10GIFJ $AOL $YHOO.
twitter.com/BloombergNews/status/112231182271385601

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