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Sep 13, 2011

BLOOMBERG News, Sep 13, 2011

Poll Finds Bloomberg Weathering the Storms
New York Times (blog)
By DAVID W. CHEN Mayor Michael R. Bloomberg, buoyed by his handling of Tropical Storm Irene, is once again viewed favorably by a majority of New York City voters, according to a poll released Monday morning by Quinnipiac University. ...
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Bloomberg Gives Larry David a Hard Time
New York Times (blog)
But Mayor Michael R. Bloomberg had a better invitation. At the last minute, the president of the United States invited him to play golf on Aug 27, 2010, the same day Mr. Bloomberg was scheduled to tape a scene for “Curb.” Aides to Mr. Bloomberg ...
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VW Chairman Piech Signals End to Carmaker's Buying Spree
Bloomberg
The Wolfsburg, Germany-based carmaker owns 19.9 percent of Suzuki, according to Bloombergdata. Volkswagen Chief Financial Officer Hans Dieter Poetsch, who said VW stands by its Suzuki investment, told journalists that the partnership has not worked ...
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Most Asian Stocks Rise, Rebounding From Year-Low, as Oil Climbs
BusinessWeek
13 (Bloomberg) -- Most Asian stocks rose, with the benchmark regional index rebounding from a one-year low, as raw material and energy producers advanced on increased oil and copper prices. BHP Billiton Ltd., the world's No. ...
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Concealed Handguns in New York City Backed by 243 in House
San Francisco Chronicle
12 (Bloomberg) -- I've never touched a handgun and I haven't been to Florida in decades, yet this month Florida officials mailed me a permit to carry a concealed gun. If Congress adopts a bill that the National Rifle Association is pushing, ...
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Greece Default Risk Jumps to 98%
Bloomberg
12 (Bloomberg) -- David Blanchflower, a professor at Dartmouth College and Bloomberg Television contributing editor, talks about the European debt crisis and euro. He speaks with Erik Schatzker onBloomberg Television's InsideTrack. ...
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RTS Futures Rise as Norilsk May Buy Back Stock: Russia Overnight
BusinessWeek
13 (Bloomberg) -- Russia's RTS futures rose, indicating the measure may rebound from a one-month low, as the board of metals producer OAO GMK Norilsk Nickel said it may buy back shares at a $57 premium, offsetting concern that Greece will default and ...
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Gross Boosts Holdings of Treasuries to Highest Since 2010
Bloomberg
8, according to data compiled by Bloomberg. Treasuries have returned 8.5 percent in 2011 in what would be their best year since the depths of the financial crisis in 2008, according to Bank of America Merrill Lynch indexes. A rally in Treasuries today ...
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Karl Rove Visits Bloomberg View: The Ticker
Bloomberg
We were reminded of the story this morning when Rove stopped by Bloomberg View for a discussion marked by his trademark attention to detail. While most of the session was off the record, Rove offered a few thoughts for public consumption. ...
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Europe Company Swap Gap to US Surges to Record: Credit Markets
BusinessWeek
9 (Bloomberg) -- Credit traders are demanding the biggest premiums ever to protect against European corporate defaults relative to North American companies, marking a reversal from the months before Lehman Brothers Holdings Inc.'s 2008 failure when ...
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Obama Team Stood by Solyndra as Troubles Mounted
Bloomberg
Photo: Ken James/Bloomberg Solyndra LLC solar panel manufacturing plant's decision to file for bankruptcy and a Sept. 9 FBI raid on its headquarters are raising questions about President Barack Obama administration's own faith in the Fremont, ...
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Bloomberg Presses Blueprint for Ending Gun Rights
Human Events
by Raquel Okyay New York City Mayor Michael Bloomberg is on a war path against gun owners – again. This time he is exploiting an incident that occurred over Labor Day weekend between NYC police officers and one armed criminal gunman that resulted in...
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Human Events
Italy Holds Talks With China on Investments
Bloomberg
Photographer: Alessandra Benedetti/Bloomberg Sept. 13 (Bloomberg) -- James Bianco, president of Bianco Research LLC in Chicago, talks about the US economy, stocks, and Treasuries. Bianco, speaking with John Dawson on Bloomberg Television's "First Up," ...
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Japan Utilities' LNG Imports, Consumption Climb to Record
BusinessWeek
13 (Bloomberg) -- Japan's 10 regional power utilities' imports and consumption of liquefied natural gas rose to a record for a second month in August because of all-time low utilization rates at nuclear power plants. The companies led by Tokyo Electric ...
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Mexico Downplays Chances for Free-Trade Agreement With Brazil
Bloomberg
“Brazil currently has trade negotiations under way that date far back with many different countries,” Espinosa said in an interview in Bloomberg's Mexico City offices yesterday. “This makes us think that it's a country in which there isn't much ...
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Ansell, BHP, Brambles, Rio, Woodside: Australian Stocks Preview
BusinessWeek
12 (Bloomberg) -- The following is a list of companies whose shares may have unusual moves in Australia. The preview includes news announced after markets closed on Sept. 9. All prices are from that day's close unless otherwise stated. ...
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Restaurant Real Estate Bringing 53% Increase in Value: Real M&A
San Francisco Chronicle
12 (Bloomberg) -- The cheapest restaurants in America are luring activist investors who are betting companies from Ruby Tuesday Inc. to Cracker Barrel Old Country Store Inc. can make more money selling real estate than food. ...
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Moynihan Cedes Top Rank as Bank of America Disowns 'Stupid Business Plan'
Bloomberg
Photographer: Brendan Hoffman/Bloomberg Bank of America Corp. (BAC), the biggest US lender by assets, will likely lose that distinction as Chief Executive Officer Brian T. Moynihan partly dismantles the money-losing empire built by his predecessor. ...
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Microsoft May Disappoint With 19 Percent Dividend Boost: Tech
Bloomberg
Photographer: Andrew Harrer/Bloomberg Microsoft Corp. (MSFT), the world's largest software maker, is likely to raise its dividend 19 percent as early as this week, frustrating investors who are clamoring for a bigger payout from its $52.8 billion cash ...
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REITs Attract Most Cash Since 2006 as US Investors Seek Yield
BusinessWeek
13 (Bloomberg) -- For the last decade, through two recessions, Michael Agran has dedicated 20 percent of his investment portfolio to real estate investment trusts. The Los Angeles tax lawyer said he has no plans to diminish his stake in the real estate ...
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New York Mayor Bloomberg's 9/11 names proposal
The Guardian
Photograph: Justin Lane/EPA Do you agree with or are you offended by New York Mayor Michael Bloomberg's suggestion that the reading of victims' names might be dropped from future 9/11 memorial ceremonies? How about: not having future 9/11 memorial ...
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The Guardian
Russia Sees Stalling Economy, Ruble Plunge at $60 Oil Price
BusinessWeek
13 (Bloomberg) -- Oil at $60 a barrel may halt Russia's two-year economic expansion next year, triggering a “substantial” devaluation of the ruble, the Economy Ministry said, according to a document obtained by Bloomberg. Gross domestic product may ...
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U.S. Stocks Decline as Greek Sovereign Debt Concern Increases
San Francisco Chronicle
12 (Bloomberg) -- US stocks slumped, sending the Standard & Poor's 500 Index lower for a third straight day, as speculation that Germany is preparing for a Greek debt default spurred turmoil in global financial markets. Stocks pared earlier losses as a ...
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BJ's Wholesale Said to Set Rates on $2.23 Billion LBO Loans
BusinessWeek
12 (Bloomberg) -- BJ's Wholesale Club Inc., the third-largest US warehouse-club chain, set the rate on $2.23 billion of loans backing it's buyout by Leonard Green & Partners LLP and CVC Capital Partners,according to a person with knowledge of the ...
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Wells Fargo's Adams Cuts 2011 S&P 500 Forecast by 10% to 1250
San Francisco Chronicle
12 (Bloomberg) -- Wells Fargo & Co.'s Gina Martin Adams cut her forecast for the Standard & Poor's 500 Index this year to 1250 and lowered her profit estimates for the benchmark equity gauge, citing deteriorating economic conditions. ...
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Business Economists Cut U.S. Growth Outlook Through '12 as Confidence Dims
Bloomberg
Photographer: Robert Caplin/Bloomberg Sept. 12 (Bloomberg) -- Gene Huang, chief economist at Fedex Corp. and president-elect of the National Association for Business Economics, talks about NABE's survey about the outlook for the US economy. ...
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Birinyi Sees Stock Bull Run Intact as Apple Joins Google to Offset Greece
Bloomberg
12 (Bloomberg) -- Laszlo Birinyi, president and founder of research and money management firm Birinyi Associates Inc., talks about the outlook for the US stock market and his investment strategy. He speaks with Carol Massar and Matt Miller on Bloomberg ...
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Apple, Google Targeted in Surge Before Patent Law Changes
BusinessWeek
12 (Bloomberg) -- US patent-infringement lawsuits against multiple defendants surged as much as 10-fold in the past week, targeting companies including PepsiCo Inc. and Apple Inc. ahead of a new law that would make such cases costlier. ...
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China Money Rate Drops to Two-Week Low After Cash-Supply Data
Bloomberg
By Bloomberg News - Tue Sep 13 03:20:46 GMT 2011 China's money-market rate dropped to a two-week low on speculation the central bank won't seek to tighten monetary policy after cash supply expanded at the slowest pace in at least six years. ...
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Obama Gets Credit for Michigan Jobs, But Not With Voters
Bloomberg
Photographer: Jeffrey Sauger/Bloomberg Wes Smith probably would have lost his family-owned company if it weren't for one of President Barack Obama's signature economic policies: the $82 billion bailout of General Motors Co. (GM) and Chrysler Group LLC. ...
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BNY Mellon Sued Over Lehman Losses by Detroit City Pension Funds
BusinessWeek
13 (Bloomberg) -- Bank of New York Mellon Corp. was accused in a lawsuit by Detroit pension funds of mishandling their money invested in Lehman Brothers Holdings Inc. The pension funds allege in their complaint that BNY Mellon encouraged them to join ...
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'Follies' Dazzles; Great 'Sweet and Sad'; Hemingway's Bar: Jeremy Gerard
Bloomberg
Photographer: Joan Marcus/Boneau/Bryan-Brown via Bloomberg Don Correia, Susan Watson, Jayne Houdyshell and Mary Beth Peil in "Follies." Don Correia, Susan Watson, Jayne Houdyshell and Mary Beth Peil in "Follies. ...
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Swatch Defeats Bloomberg's Motion to ... - Legal News Directory
By admin
From the complaint: Plaintiff Swatch, a Swiss publicly traded company, hosted a conference call for securities analysts. The call was transmitted and recorded.
Legal News Directory
Mike Bloomberg's Approval Ratings Boosted By Irene - New York ...
By Rosie Gray
Mike Bloomberg's extra-cautious handling of Hurricane Irene appears to have reversed the damage Snowpocalypse did to his reputation, according to... ... Go to Runnin' Scared for more Voice newscoverage. Write Comment · Email to Friend ...
Runnin' Scared
Mayor Michael Bloomberg's approval rating buoyed by Irene | SILive ...
By Associated Press
NEW YORK -- New Yorkers overwhelmingly approve of Mayor Michael Bloomberg's decision to prepare for Hurricane Irene by ordering the evacuation of low-lying areas, according to a poll released today. The Quinnipiac University Poll found ...
Staten Island Real-Time News
Plan Emerges to Pay for Obama Jobs Bill – Bloomberg | Financial ...
By topic:nasdaq - Google News
Financial Newsbusiness news. Stock Market, Forex, Commodities, Business news ... Plan Emerges to Pay for Obama Jobs Bill – Bloomberg ... President Barack Obama holds up ... Obama Jobs Plan Puts Strain on Deficit CommitteeFox News ...
Financial News
Is Margaret Chin Doing Bloomberg's Costly BID-ding? - East Village ...
By Chinatown Native
Chinatown Native covers "Is Margaret Chin Doing Bloomberg's Costly BID-ding?" as a local insider in East Village & LES Local News.
NearSay - NYC - Local News
Swatch Defeats Bloomberg's Motion to Dismiss re Unauthorized ...
By Marty Schwimmer
The call was transmitted and recorded by a conference call service. Participants were instructed not to record the call for publication or broadcast. Bloomberg News was not invited or authorized to participate in the call. Bloomberg recorded the ...
The Trademark Blog
Bloomberg Sports Fantasy Football Week 1 Surprises and Busts ...
Videos from WTSP.com 10 News. ... NFL season. LeGarrette Blount Scott Chandler nfl Mike Tolbert dallas clark bloomberg sports fantasy football week one Dwayne Bowe Matt Ryan Cam Newton NFL debut Rob Shaw Early Doucet 06:24 ...
WTSP.com 10 News Latest Video
Pharmalot… Pharmalittle… Good Morning // Pharmalot
By Ed Silverman
Ending AIDS Grows Harder Amid Economic Slump (Bloomberg News). Trovan Victims Threaten To Sue Pfizer Over DNA Test Results (The Nation). EDITOR'S NOTE: Please check this post for updates throughout the morning. Jump to ...
Pharmalot
Fuel Fix » Obama team backed Solyndra aid as auditors were wary
By Bloomberg
By December 2010, Solyndra was a month away from running out of cash, according to a government document obtained by Bloomberg News. In what turned out to be a final effort to save the company, the Energy Department agreed to take a ...
Fuel Fix
Nintendo 3DS May Miss Sales Target - News - Nintendo World Report
By Pedro Hernandez
Total Comments: 5 Source: (Bloomberg) (http://www.bloomberg.com/news/2011-09-12/nintendo-3ds-sales-trail-target-as-boost-from-price-cuts-fades.html). Analysts are still not convinced of the 3DS's appeal. Analysts believe that, despite a ...
Nintendo World Report Updates
Bahrain election September 2011 - future world news forecast
(WRITTEN Sep 2011). RELATED READING: Bahrain's Al-Wefaq Party to Boycott Parliamentary Elections (Bloomberg 12 Set 2011) http://www.bloomberg.com/news/2011-08-12/bahrain-s-al-wefaq-party-to-boycott-parliamentary-elections-1-. ...
World News Forecast
Media Lens Message Board: Eurozone At Deathís Door
ñ Bloomberg News Greece is hurtling towards default and the doomsday scenario is beginning to unfold. The IMF, the G-7, and the ECB have all swung into full-crisis mode and are prepared to do whatever they can to minimize the collateral ...
Media Lens Message Board
Carried Interest Tax Break Comes Under Fire Again — Clearing and ...
By RSS Feed
Antoine Antoniol/Bloomberg NewsStephen A. Schwarzman, the Blackstone Group's chief, has defended the carried interest tax break. It's official. President Obama has once again taken aim at private equity and hedge fund firms. On Monday ...
Clearing and Settlement — Clearing...
Judge: No limiting queries at NY political trial « Artesia News
By admin
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 ...
Artesia News
Shark fin soup latest delicacy in legislative crosshairs
By Sam Hoober
Bloomberg: http://www.bloomberg.com/news/2011-09-07/foie-gras-lovers-in-california-fall-victim-to-rights-of-ducks.html. Christian Science Monitor: http://www.csmonitor.com/CSM-Photo-Galleries/Lists/Controversial-foods/%28photo%29/ ...
NewsyType
Bloomberg [bloomberg.com] - Topsy
By bloomberg.com
Greece's chance of default in the next five years has soared to 98 percent as Prime Minister George Papandreou fails to reassure international investors that his country can survive the euro-region crisis.
Topsy - Top 100
Dailymotion - NBC TODAY Show _ Bloomberg: 'The Terrorists Lost ...
comNew York City Mayor Michael Bloomberg, who was elected less than ... home > news & politics > videos > nbc today show _ bloomberg: 'the terrorists lost' ...
www.dailymotion.com/.../xkxk2e_nbc-today-show-bloomber...
Bloomberg's 50 most influential in global finance - Financial News
Bloomberg Markets magazine has put together its first annual list of the 50 most influential in global finance which is divided amongst policy makers, bankers, ...
www.efinancialnews.com/.../bloomberg-50-influential-2011

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