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Nov 30, 2011

BLOOMBERG News, Nov 30, 2011

Stocks Extend Biggest 3-Day Gain Since '09
Bloomberg
Photographer: Tim Boyle/Bloomberg Nov. 30 (Bloomberg) -- Stephen Stanley, chief economist at Pierpont Securities LLC, talks about the decision by the Federal Reserve and five other central banks to cut the cost of emergency dollar funding for European ...
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Stuermer Says Revamped Audi A5 May Spur Sales Recovery
Washington Post
4 (Bloomberg) -- Christoph Stuermer, an analyst at IHS Automotive, talks about the launch of Audi AG's updated verison of its A5 coupe and the outlook for the luxury auto market. He speaks from Frankfurt with Maryam Nemazee onBloomberg Television's ...
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Treasuries Drop on Bets Jobs Report to Add to Economy Optimism
BusinessWeek
30 (Bloomberg) -- Treasuries slipped, paring their monthly gain, before a report economists said may show US employers added workers last month, fueling bets that yields are too low given the outlook for economic growth. The yield on 10-year bonds are ...
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Silver Lake Group Said to Bid $16.60 a Share for Yahoo Stake
BusinessWeek
30 (Bloomberg) -- A group of investors led by private- equity firm Silver Lake offered to buy a minority stake in Yahoo! Inc. for about $16.60 a share, according to people with knowledge of the matter. Silver Lake, working with Microsoft Corp., ...
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Bloomberg Businessweek Turns Jobs Coverage Into E-Book
PC Magazine
The twist here is that the "book" is actually an e-book, and it is being released byBloomberg Businessweek. Titled Steve Jobs 1955-2011 by BloombergBusinessweek, the release is a collaboration with traditional publisher Hachette Book Group. ...
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Mayor Michael Bloomberg During MIT Speech: 'I Have My Own Army'
Huffington Post
Recent criticisms from Mayor Michael Bloomberg of Obama for allowing the Supercommittee to fail, and of the GOP presidential hopefuls as anti-science, have fueled speculation that hizzoner is once again eyeing the oval office, even prompting some to ...
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China's Stocks Drop Most in 4 Months on Policy, Export Outlook
San Francisco Chronicle
30 (Bloomberg) -- China's stocks fell the most in almost four months after a central bank adviser said he sees the nation keeping tight monetary policies next year and Shenyin & Wanguo Securities Co. forecast plunging export growth. ...
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ONYX: Bloomberg Predicts $7 Trillion Mark for Renewable Energy With Latin ...
MarketWatch (press release)
Bloomberg names the Latin American market one of the big winners over the next 20 years, which bolsters ONYX's decision to focus efforts in high-cost electrical markets there. ONYX has already been engaged to construct a new 22 megawatt solar power ...
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Treasuries Set for Monthly Gain as EU Struggles to Stem Contagion Concern
Bloomberg
30 (Bloomberg) -- Stephen Stanley, chief economist at Pierpont Securities LLC, talks about the decision by the Federal Reserve and five other central banks to cut the cost of emergency dollar funding for European banks in response to the continent's ...
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Bloomberg
Societe Generale Said to Weigh Putting TCW Unit Up for Sale
Bloomberg
13 (Bloomberg) -- Frederic Oudea, chief executive officer of Societe Generale SA, talks about the outlook for the bank and Europe's debt crisis. Societe Generale plans to free up 4 billion euros ($5.4 billion) in capital through disposals by 2013 to ...
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Bloomberg
Bloomberg News justifies Occupy Wall Street, Bank Transfer Days
Examiner.com
The ultimate Occupy Wall Street human rights defenders' protest and Bank Transfer Day campaigns' justification was clarified Monday by Bloomberg Newsthat reported the Federal Reserve Bank fought to keep secret its committing $7.77 trillion in funds to ...
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Euro Ministers Bid for Bigger IMF Role as Fund Boost Falls Short
San Francisco Chronicle
30 (Bloomberg) -- Euro-area finance ministers said they would seek a greater role for the International Monetary Fund in fighting the sovereign debt crisis after conceding the effort to expand their bailout fund missed the target. ...
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Chicago Purchasing Managers Index Rises to Seven-Month High
San Francisco Chronicle
30 (Bloomberg) -- Business activity in the US expanded in November at the fastest pace in seven months, a sign the factory-led expansion continues in the face of Europe's debt crisis. The Institute for Supply Management-Chicago Inc. said today its ...
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Penn State Sued by Man Alleging Years of Sandusky Sex Abuse
San Francisco Chronicle
30 (Bloomberg) -- Pennsylvania State University and its former football coach Jerry Sandusky were sued by an unidentified man who claims Sandusky sexually abused him more than 100 times over four years. The plaintiff, who sued today as a John Doe in ...
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Egyptians Await Initial Results From Parliamentary Elections
San Francisco Chronicle
30 (Bloomberg) -- Egyptians awaited preliminary results from parliamentary elections after polls closed on the first round of the vote, a key test of Egypt's transition to democracy since the toppling of Hosni Mubarak. Ballot counting started late ...
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Gold Producers Poised Like 'Coiled Spring' to Rally: Commodities
San Francisco Chronicle
30 (Bloomberg) -- Gold mining stocks are trading at their cheapest level in at least nine years even as the industry's profits are estimated to almost double this year and bullion trades close to its historic high. The benchmark NYSE Arca Gold BUGS ...
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U.K. Warns of 'Consequences' After Tehran Embassy Attack
San Francisco Chronicle
30 (Bloomberg) -- The UK will evacuate some of its diplomatic staff from Iran after its embassy in Tehran was stormed by protesters yesterday, chanting "death to the UK" and burning its flag. The incursion, which came a week after the US and Britain ...
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Los Angeles, Philadelphia Move to Evict Occupy Protesters
San Francisco Chronicle
30 (Bloomberg) -- Los Angeles police evicted protesters camped in hundreds of tents around City Hall, ending almost two months of round-the-clock occupation. More than 200 were detained, while a similar raid in Philadelphia led to 52 arrests....
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Pending Sales of Existing U.S. Homes Exceed Forecasts With 10.4% Increase
Bloomberg
Photographer: Andrew Harrer/Bloomberg via Getty Images Nov. 29 (Bloomberg) -- Michelle Meyer, senior US economist at Bank of America Merrill Lynch, and Laurie Goodman, an analyst at Amherst Securities Group LP, talk about the outlook for the US housing ...
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Bloomberg
AMR's Arpey Said to Have Mapped Exit After Anti-Bankruptcy Stand
San Francisco Chronicle
30 (Bloomberg) -- Gerard Arpey's eight-year effort to keep AMR Corp. out of bankruptcy ended with his retirement as a board decision to seek court protection threatened to erode his credibility, people familiar with the matter said. In opting to leave, ...
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European Stocks Drop as S&P Downgrades Global Banks; HSBC Falls
San Francisco Chronicle
30 (Bloomberg) -- European stocks dropped, snapping a three-day rally, after Standard & Poor's cut the credit ratings of some of the world's largest banks. US index futures and Asian shares also fell. HSBC Holdings Plc, Europe's biggest lender by ...
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Icahn's Lowest Steel Bid in Four Years Sets Nucor Lure: Real M&A
San Francisco Chronicle
30 (Bloomberg) -- Carl Icahn's offer to purchase Commercial Metals Co. at the lowest valuation for a steel takeover since 2007 is leaving the door open for rival bidders to snap up a recycling bargain. The billionaire investor's $2.6 billion proposal ...
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EU Writedown Plan Puts Banks' Long-Term Creditors in Firing Line
San Francisco Chronicle
30 (Bloomberg) -- Owners of long-term unsecured debt in a collapsing bank would be first in line to take losses under draft plans from the European Union to protect taxpayers' money from future bailouts. Short-term debt, with a less than one-year...
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Competition to build a 'Genius School' in New York has been reduced to four ...
New York Daily News
BY Erin Einhorn Mayor Bloomberg said in a speech Tuesday at MIT that the city's highly competitive contest to have a so-called "Genius School" built in the five boroughs has been narrowed down to four bidders. Three of the seven elite universities ...
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New York Daily News
ADP Says U.S. Companies Added 206000 Workers in November
San Francisco Chronicle
30 (Bloomberg) -- Companies added more workers than anticipated in November, easing concern the job market is stagnating in the third year of the US recovery, according to a private report based on payrolls. The 206000 increase was the biggest this ...
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Audit Notes: WSJ's Facebook Non-News, Bogus Bloomberg, Tabloid ...
Here's one example from Bloomberg News: IPad-Crazed Toddlers Spur Holiday Sales. I seriously doubt, and there's no evidence presented here beyond a single anecdote, that hordes of parents are going to be buying $500-plus iPads for ...
CJR
Sustainability News Goes Mainstream On Bloomberg.com ...
By The Climate Group
The Climate Group, our newest non-profit partner, talks about the mainstreaming of sustainability news via a dedicated section on Bloomberg's website.
EarthTechling
Bloomberg Back In (Cathie) Black (Territory) | New York Daily News
Mayor Bloomberg must turn over emails that were sent between City Hall and publishing executive Cathie Black's office in the weeks leading up to her appointment as schools chancellor, a Manhattan judge has ruled. bloombergblack.jpg ...
Latest Entries
Stephen Cheetham | Bloomberg – Cyber Security | illustration news
By stephencheetham
Stephen Cheetham | Bloomberg – Cyber Security. cyber_security_FINAL. A piece I did for Bloomberg to accompany an article on cyber security. Read more about…... More News from Stephen Cheetham. Creative Review - I created this ...
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BLOOMBERG: FED RESERVE KEPT $7.77 TRILLION IN LOANS TO ...
By Diane Bukowski
The size of the bailout came to light after Bloomberg LP, the parent of Bloomberg News, won a court case against the Fed and a group of the biggest U.S. banks called Clearing House Association LLC to force lending details into the open. ...
VOICE OF DETROIT: The city's...
ONYX: Bloomberg Predicts $7 Trillion Mark for ... - Rocket News
By Editor - Science News
GREENWOOD VILLAGE, Colo., Nov 30, 2011 (BUSINESS WIRE) -- Onyx Service.
Rocket News
Paulson Delivered Inside Information on GSEs to Cronies - News
By David Dayen
Bloomberg News, quickly becoming the leading muckraker of the financial markets, has another blockbuster story today, on the heels of its release of information about Federal Reserve bailouts. Here they have former Treasury Secretary ...
Firedoglake
New AIM Students in the Class of 2013 to Complete Bloomberg ...
By AIM Program
There are four Bloomberg Core Videos (Getting Started, Bloomberg News, Market Monitors and Launch Pad and API - Bloomberg Data in Excel) and four Bloomberg Market Sector Videos (Equity Essentials, Fixed Income Essentials, ...
AIM PROGRAM BLOG
Pharmalot… Pharmalittle… Good Morning // Pharmalot
By Ed Silverman
UK's NICE Rejects Lucentis For Diabetic Macular Edema (Bloomberg News). After Lipitor, Pfizer Hopes To Focus On Mini-Blockbusters (Bloomberg News) ... Glaxo Scientists Maneuver Through R&D Overhaul (Bloomberg News) ...
Pharmalot
Fuel Fix » Lukoil, Shell may buy Exxon stake in West Qurna
By Bloomberg
... project, increasing its own stake to 37.5 percent, the daily said. Lukoil's press service and Shell's Moscow press service declined to comment when called byBloomberg News. Exxon Mobil didn't immediately reply to requests for comment. 0...
Fuel Fix
Secret Fed Loans Gave Banks $13 Billion Undisclosed ... - Bloomberg
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can...
www.bloomberg.com/.../secret-fed-loans-undisclosed-to-congr...
Airport security complaints near all-time low
Julie Bykowicz, Bloomberg News. Bloomberg November 21, 2011 04:00 AM Copyright Bloomberg. All rights reserved. This material may not be published, ...
www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/20/...
Bloomberg News Adds Its Two Cents to Sustainability Debate
If you don't have a sustainability plan, you don't have a business plan is the note on which the media company Bloomberg News introduced its new ...
www.triplepundit.com/.../bloomberg-news-adds-cents-sustaina...
Audit Notes: WSJ's Facebook Non-News, Bogus Bloomberg, Tabloid ...
Here's one example from Bloomberg News: IPad-Crazed Toddlers Spur Holiday Sales. I seriously doubt, and there's no evidence presented here beyond a ...
www.cjr.org/the_audit/audit_notes_wsjs_facebook_non-.php
Bloomberg News justifies Occupy Wall Street, Bank ... - Examiner.com
Main Street collapsing with homelessness, unemployment, health rights abuse while Ben Bernanke lavished Wall Street Banks: Occupy Wall Street's 'human ...
www.examiner.com/.../bloomberg-news-justifies-occupy-wall-...
Bloomberg News Launches Sustainability Section : TreeHugger
The goal is to uncover what businesses are doing, or what they need to be doing, to thrive as global competition intensifies for strategic resources.
www.treehugger.com/.../bloomberg-news-launches-sustainabil...
EU Weighs Mobile Payment Rules as Google, Visa, Apple Invest ...
25 (Bloomberg) -- European Union regulators may seek to spur ... to a European Commission document obtained by Bloomberg News that seeks views on ...
www.businessweek.com/.../eu-weighs-mobile-payment-rules-a...
Bloomberg News: Banks Got An Undisclosed $13 Billion During ...
We will continue to see the economic effects of the 'extend and pretend' philosophy of pumping massive amounts of public money into failing banks for a very ...
crooksandliars.com/.../bloomberg-news-some-banks-got-undis...
Sustainability News Goes Mainstream On Bloomberg.com ...
The Climate Group, our newest non-profit partner, talks about the mainstreaming of sustainability news via a dedicated section on Bloomberg's website.
www.earthtechling.com/.../sustainability-news-goes-mainstrea...
Fed Loaned Banks Trillions in Bailout, Bloomberg ... - ABC News
In a story that sheds new light on the extent of the country's financial crisis,Bloomberg Markets magazine reported today that the Federal Reserve lent trillions of ...
abcnews.go.com/.../fed-gave-banks-trillions-in-bailout-bloom...

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