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Sep 19, 2011

BLOOMBERG News, Sep 19, 2011


United Technologies Said to Be in Talks to Purchase Goodrich
BusinessWeek
17 (Bloomberg) -- United Technologies Corp. is in talks to buy aerospace equipment maker Goodrich Corp. as it looks to expand through a major acquisition, according to three people with knowledge of the matter. A deal may be announced as soon as next ...
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China's Stocks Fall to 14-Month Low on Tightening Concern, IPOs
BusinessWeek
19 (Bloomberg) -- China's stocks fell to a 14-month low after Premier Wen Jiabao said the government will take measures to control inflation and investors speculated pending initial public offerings will sap demand for existing equities. ...
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Fund Withdrawals Top Lehman as Individuals Pull $75 Billion From Stocks
Bloomberg
16 (Bloomberg) -- Michael Vogelzang, chief investment officer at Boston Advisors LLC, talks about the US stock market's performance and outlook. Vogelzang also discusses Europe's sovereign debt crisis, emerging-market stocks and his investment strategy ...
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Bernanke Joins King Tolerating More Inflation as Economies Fail to Revive
Bloomberg
23 (Bloomberg) -- Roger Myerson, a Nobel laureate and a professor at the University of Chicago, discusses the outlook for the US economy, the euro-region's sovereign debt crisis and the challenges facing Libya. He speaks with David Tweed in Lindau, ...
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U.S. Stock Futures Decline as Investors Await Whether Greece Will Default
Bloomberg
19 (Bloomberg) -- Jonathan Slone, chief executive officer of CLSA Asia-Pacific Markets, talks about the company's conference in Hong Kong, the outlook for financial markets and a $2.3 billion trading loss at UBS AG. Slone speaks with Susan Li on ...
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China Crash Victims Prove Obstacle for Selling Rail to Investors
Bloomberg
By Bloomberg News - Sun Sep 18 21:00:00 GMT 2011 Wang Hui, whose husband died in the July 23 high-speed rail crash, holds her daughter in Lianjiang, Fujian Province, China on Sunday. Wang Hui, whose husband died in the July 23 high-speed rail crash, ...
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Treasuries Rise on Greece Concern; 2-Year Yield Sets Record Low
BusinessWeek
19 (Bloomberg) -- Treasuries rose, sending two-year yields to a record low, as concern Greece may be heading for default increased demand for the relative safety of US debt. Bonds advanced a second day after Prime Minister George Papandreou canceled a ...
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LNG Surges as Japan Vies With China, Exxon's Shipments Grow
BusinessWeek
19 (Bloomberg) -- Liquefied natural gas prices are surging to a three-year high as demand from Japan, China and India outpaces supply increases, boosting sales for producers from BG Group Plc to Exxon Mobil Corp. Record Japanese imports to replace ...
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Stocks Advance 5.4% for the Week
Bloomberg
16 (Bloomberg) -- Mark Luschini, chief investment strategist at Janney Montgomery Scott LLC, discusses the European debt crisis and investment strategy. He speaks with Scarlet Fu onBloomberg Television's "InBusiness With Margaret Brennan. ...
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Euro, Stocks Slump as Copper Falls; Gold Rises
Bloomberg
Photographer: Hannelore Foerster/Bloomberg Sept. 19 (Bloomberg) -- Andrew Pease, a Sydney-based senior investment strategist for the Asia-Pacific region at Russell Investment Group, talks about regional financial markets and economies. ...
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RIM Q4 $1.82-a-Share Doubts Over Tablet Mount
Bloomberg
Photographer: Tony Avelar/Bloomberg RIM said it will earn $5.25 to $6 a share, excluding some costs, for the fiscal year ending in January. To do that, the Waterloo, Ontario-based company will have to make at least $3.12 in the second half of the year, ...
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Milwaukee Trumps China for Harley-Davidson
Bloomberg
Photographer: Kevin Lee/Bloomberg Harley-Davidson owners and enthusiasts gather in Huangshan, China, on Oct. 2, 2009. Harley-Davidson owners and enthusiasts gather in Huangshan, China, on Oct. 2, 2009. Source: Sun Jun via Bloomberg Sean Jiang, ...
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Debevoise & Plimpton Adds Lawyers in Asia to Target Disputes
BusinessWeek
19 (Bloomberg) -- Debevoise & Plimpton LLP, the New York-based law firm with about 650 lawyers, said it will move five to Hong Kong to work with Asia-based clients on disputes and US and UK regulatory matters. Partner Christopher Tahbaz said he and ...
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Hedge Fund Boxer Hall Says Gold to Extend Gains: Commodities
San Francisco Chronicle
19 (Bloomberg) -- Gold, platinum and Brent oil will lead gains in commodities as investors seek to protect their assets and shortages emerge, according to Tony Hall, the hedge- fund manager who earned 33 percent for his clients this year. ...
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China National Coal Told to Shut Shanxi Mines After Deaths
Bloomberg
By Bloomberg News - Mon Sep 19 03:28:10 GMT 2011 China Coal Energy Co. plunged the most in almost three years in Hong Kong trading after its parent was ordered to cease operations in Shanxi province following a fatal mine accident. ...
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Bloomberg Pushes Boundaries in Mobile Radio with New Bloomberg Radio+ App for ...
MarketWatch (press release)
NEW YORK, Sep 18, 2011 (BUSINESS WIRE) -- The latest in a series of recent innovations in mobile, Bloomberg today announced its new Bloomberg Radio+ App for iPhone and iPod touch. Available on the App Store, this is the first radio app where listeners ...
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Obama Deficit Plan to Call for $1.5 Trillion in Higher Taxes
San Francisco Chronicle
19 (Bloomberg) -- President Barack Obama will call for $1.5 trillion in tax increases mostly targeting the wealthy over the next decade as part of a plan to cut the US federal deficit by $3 trillion, administration officials said. ...
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Chinese City Halts Solar Plant Operation After Violent Protests
Bloomberg
By Bloomberg News - Mon Sep 19 04:36:58 GMT 2011 Wen Jiabao, China's premier, has made reducing pollution one of his cabinet's goals as the nation seeks to diminish sources of social unrest. Wen Jiabao, China's premier, has made reducing pollution one ...
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Strauss-Kahn Says There Was No Violence in Maid Encounter
San Francisco Chronicle
19 (Bloomberg) -- Dominique Strauss-Kahn, in his first interview since his May arrest in a sexual-assault case in Manhattan, said what happened in room 2806 in New York's Sofitel Hotel "involved no violence, no coercion, no aggression. ...
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Berlin Election Deals Blow to Merkel's Coalition Crisis Handling
San Francisco Chronicle
19 (Bloomberg) -- German Chancellor Angela Merkel's party was defeated in a Berlin state election and her coalition ally lost all its seats after turning skepticism over euro-area bailouts into a campaign theme, stoking government infighting over the ...
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Payless Shoes Owner Poised for Buyout With 76% Discount to Sales: Real M&A
Bloomberg
Photographer: Daniel Acker/Bloomberg Collective Brands Inc. (PSS), owner of the Payless ShoeSource chain, may lure private equity buyers as it trades at a 76 percent discount to its sales. Collective Brands, which is reviewing “a full range” of plans ...
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Sany Defies Equities Rout With $3.3B Sale
Bloomberg
Photographer: Rian Dundon/Bloomberg Sany Heavy Industry Co. and Citic Securities Co. are pushing ahead with share sales in Hong Kong, where companies have canceled or delayed a record $14 billion of equity offerings this year as stock markets tumble. ...
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'Mad Men' Spawns Bunnies, Stewardesses; Bello Takes on Mirren: Fall Series
Bloomberg
Photographer: Isabella Vosmikova/FOX via Bloomberg Laura Benanti, David Krumholtz, Eddie Cibrian, Amber Heard, Leah Renee, Naturi Naughton and Wes Ramsey in "The Playboy Club." The show airs Monday on NBC at 10 pm New York time. ...
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UBS Bonuses at Risk as $2.3 Billion Trading Loss Erases Profit
San Francisco Chronicle
19 (Bloomberg) -- Bonuses at UBS AG's investment bank may be at risk after the company suffered a $2.3 billion loss from what it described as unauthorized trading. Switzerland's largest bank said Sept. 15 that it may be unprofitable in the third ...
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Bloomberg UTV hosts ED TECH FORUM 2011
Best Media Info
BloombergUTV PULSE Conferences & Summits, a specialized division of BloombergUTV, India's premier Business news channel hosted ED TECH FORUM 2011, a forum on 'Integrating Technology and Transforming Education' on 15 th September in New Delhi. ...
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Best Media Info
RTS Futures Advance as Sberbank May Cap Level of GDPs: Russia Overnight
Bloomberg
Photographer: Kerem Uzel/Bloomberg RTS futures rose, signaling the measure in Moscow may rebound from a second weekly decline after Russian shares fell to their lowest valuations in more than two years. OAO Sberbank surged as analysts said the lender ...
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Wall Street Occupied by a Few Hundred People as Protesters' Ranks Dwindle
Bloomberg
Photographer: Ramin Talaie/Bloomberg Police officers guard the bull sculpture at Bowling Green park. Police officers guard the bull sculpture at Bowling Green park. Photographer: Ramin Talaie/Bloomberg New York City police may limit access to Wall ...
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Funds Cut Bullish Commodity Wagers on 'Contraction' Concern
BusinessWeek
19 (Bloomberg) -- Funds cut their bullish bets on raw materials for the first time in five weeks on speculation that demand for food, fuel and metals will decline as the European debt crisis deepens. In the week ended Sept. ...
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Ralcorp Said Unwilling to Start Talks With ConAgra About Bid
BusinessWeek
19 (Bloomberg) –- Food maker Ralcorp Holdings Inc. hasn't contacted ConAgra Foods Inc. about its $5.18 billion takeover bid and likely won't before the offer expires today, said two people familiar with the matter. ConAgra said Sept. ...
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Infineon Sits on Cash as Main Competitors 'Aren't Exciting'
BusinessWeek
19 (Bloomberg) -- Infineon Technologies AG, flush with as much as $3 billion in cash for acquisitions, is struggling to find an attractive target that would boost its most profitable business, power semiconductors. “We want technology and intellectual ...
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AT&T Said to Approach Smaller Rivals to Sell Assets, Save Bid for T-Mobile
Bloomberg
Photographer: Stephen Yang/Bloomberg Sept. 14 (Bloomberg) -- Technology and telecommunications analyst Afzal Bari says the next big hurdle for AT&T Inc.'s $39 billion bid for T-Mobile USA is resolving the Aug. 31 lawsuit filed by the US Justice ...
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Libyan Opposition Fighters Repelled in Charge Against Qaddafi Stronghold
Bloomberg
... the UK's Ministry of Defense said in an e-mailed statement. To contact the reporter on this story: Mohammed Hatem in Dubai at mhatem1@bloomberg.net. To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net.
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PE firm seeks to sell Mongolian coal co - report
Reuters
Sept 19 (Reuters) - Origo Partners Plc , a Beijing-based private equity firm, is looking to sell Gobi Coal and Energy, a Mongolia-focused coking coal company it owns, for as much as $750 million,Bloomberg reported citing two people familiar with the ...
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Wan Favors China Telecommunications Industry Stocks: Video
Bloomberg
19 (Bloomberg) -- Ronald Wan, a Hong Kong-based managing director at China Merchants Securities (Hong Kong) Co., talks about the outlook for China and Hong Kong stocks and his investment strategy. Wan speaks with Rishaad Salamat on Bloomberg ...
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Vietnam Stocks: Asia Commercial, Vietnam Sea Transport, Vinacafe
Bloomberg
By Bloomberg News - Mon Sep 19 05:18:39 GMT 2011 Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses, and prices are as of the 11 am local-time close. The VN Index, the benchmark measure of the Ho ...
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EDF, Edison, Thales: European Equity Preview
BusinessWeek
19 (Bloomberg) -- The following companies' shares may be active in European trading. Stock symbols are in parentheses. The Stoxx Europe 600 Index rose 0.6 percent to 230.16. The Stoxx 50 Index climbed 0.7 percent to 2163. The Euro Stoxx 50 Index, ...
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Meet the Only Folks Serious About Ending Ripoffs: Susan Antilla
BusinessWeek
19 (Bloomberg) -- In a dusty, Wichita, Kansas, re- creation of a frontier town last week, while state securities regulators slapped at mosquitoes and swapped stories about cagey financial crooks over cocktails, a spurs-and-boots-clad sheriff drew his ...
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Muni Tax-Exemption Tweak Is Idea Whose Time Hasn't Come: View
BusinessWeek
19 (Bloomberg) -- We've argued that the notoriously convoluted US tax code requires a comprehensive overhaul that would phase out distortions. But discrete tweaks to the system can and often do create more problems than they solve. ...
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Australian Stock Futures Rise as US Consumer Confidence Gains
BusinessWeek
19 (Bloomberg) -- Australian stock futures advanced after a measure of US consumer confidence climbed, easing concern a global economic recovery may be stalling. American Depositary Receipts Woodside Petroleum Ltd., Australia's second-biggest oil and ...
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Turkish Stocks Rebound to World's Best as Rate Cuts Boost Banks
BusinessWeek
19 (Bloomberg) -- Turkey's benchmark stock index is climbing the most among major equity gauges worldwide in the past month as investors grow convinced that interest rate cuts will stimulate growth without causing the economy to overheat. ...
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Buy American and Fairer Trade Can Solve Job Woes: Alan Tonelson
BusinessWeek
19 (Bloomberg) -- President Barack Obama's new jobs plan, if passed by Congress, might spark some activity and even some employment in the moribund US economy. But it's unlikely to foster the growth and job creation we urgently need, without adding new ...
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Bloomberg Radio available on iPhone and iPod « Talking Biz News
By Chris Roush
This is the first radio app where listeners can view real-time charts, get market information and news, and access guest biographies while listening to Bloomberg Radio shows. “We look forward to bringing Manhattan's number one radio station ...
Talking Biz News
BLOOMBERG NEWS: “Most Dangerous Terrorists Are Our Own ...
By Managing Editor
BLOOMBERG NEWS: “Most Dangerous Terrorists Are Our Own”. by Managing Editor on Sep 18, 2011 • 10:10 pm No Comments. From Bloomberg News. Homeland Security. By September 8, 2011. By Jeffrey Goldberg. The sentencing this ...
The Crescent PostThe Crescent...
Euro, Asia Stocks Fall as Gold Climbs – Bloomberg | Financial News
By forex - Google News
Financial Newsbusiness news. Stock Market, Forex, Commodities, Business news. Recent Posts. Australian, New Zealand Currencies ... Feedjit Live Blog Stats. financial news finance news. Euro, Asia Stocks Fall as Gold Climbs – Bloomberg ...
Financial News
Collected Stories - ARTicles
By Laura Collins-Hughes
Craig Seligman reviews "That Used To Be Us" (Bloomberg News) Kenneth Turan on making "Winter in the Blood" into a movie (Los Angeles Times) Kenneth Turan on a tiny Montana town rebuilding its theater (Los Angeles Times). September ...
ARTicles
A Real “Hockey Stick” Graph | PoliPundit.com
By utahprez
Via Bloomberg News: Unemployment Claims in U.S. Unexpectedly Rise to Highest Level Since June. Applications for U.S. unemployment benefits unexpectedly rose last week to the highest level since the end of June, underscoring the risk of ...
PoliPundit.com
XE.com - FOMC Meeting in Focus as Markets Look for Stimulus Signal
In fact, the economy grew more than double the forecast at 0.8 percent, well-above the 0.4 percent expectation, according to Bloomberg News. The strong growth has boosted the Kiwi in recent weeks and months despite a significant pullback ...
XE Forex News
Obama gets the Bad news from the New York Times « New World ...
By admin
Bloomberg poll shows that a majority of Americans don't believe the president's $447 billion job plan will help lower the unemployment rate – and, according to Bloomberg, “Americans disapprove of his handling of the economy by 62 ...
New World Order War
Germany may be... | Facebook
Bloomberg News. Germany may be getting ready to give up on Greece. Germany May be Ready to Surrender in Fight to Save Greece · www.bloomberg.com ...
www.facebook.com/266790296879/posts/132122186885430
Bloomberg's Jaroslovsky Reviews Parallels - One News Page VIDEO
Bloomberg's Jaroslovsky Reviews Parallels Desktop 7.. News video on One News Page on Wednesday, 14 September 2011.
www.onenewspage.com/.../Bloomberg-Jaroslovsky-Reviews-P...

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