BLOOMBERG News, Dec 07, 2011

U.S. Stock Futures Fluctuate After S&P Puts 15 Nations on Review Bloomberg Photographer: Jin Lee/Bloomberg Dec. 6 (Bloomberg) -- Paul Hickey, co-founder of Bespoke Investment Group, talks about the outlook for the US economy and investment strategy. He speaks with Betty Liu and Dominic Chu on BloombergTelevision's "In the ... See all stories on this topic » Bloomberg

Olympus Former President Woodford Resigns From Board Washington Post 1 (Bloomberg) -- Michael C. Woodford, the former president and chief executive officer of Olympus Corp., resigned from the company's board and urged a shareholder meeting to allow stock owners to choose new management. Lisa Murphy reports from New York ... See all stories on this topic »

Sanford Bernstein's Parker Recommends Huaneng Power Washington Post 7 (Bloomberg) -- Michael Parker, a Hong Kong-based senior analyst at Sanford C. Bernstein & Co., talks about Chinese utility stocks. He also discusses global efforts to cut carbon emissions. United Nations envoys from 190 countries are meeting this ... See all stories on this topic »

Woodford Seeks Shareholder Backing for Control of Olympus San Francisco Chronicle 1 (Bloomberg) -- Michael C. Woodford resigned as a director of Olympus Corp. in the first step of a campaign to take control of the camera maker from the board that fired him as chief executive officer in a dispute over falsified accounts. ... See all stories on this topic »

U.S. Stock-Index Futures Rise Before Monthly Payrolls Report Bloomberg Photographer: Jin Lee/Bloomberg Dec. 2 (Bloomberg) -- Bill Gross, co-chief investment officer at Pacific Investment Management Co., discusses the US November jobs report and the outlook for Federal Reserve policy. The jobless rate dropped to 8.6... See all stories on this topic » Bloomberg

AMR Mutes Takeover Risk With Record $4.1 Billion Cash Entering Bankruptcy Bloomberg 5 (Bloomberg) -- Helane Becker, an analyst at Dahlman Rose & Co., talks about the impact of AMR Corp.'s bankruptcy on the airline industry. She speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg) AMR Corp. ... See all stories on this topic » Bloomberg

Bank of Montreal Profit Rises as U.S. Takeover Bolsters Lending Bloomberg Its adjusted profit was C$1.27 a share, missing the C$1.31 average estimate of 16 analysts surveyed by Bloomberg. “We would have liked to see Bank of Montreal come out with stronger results given what the rest of the banks came out with,” said Todd ... See all stories on this topic » Bloomberg

New York mayor making announcement about Facebook San Jose Mercury News By Jeremy C. Owens NEW YORK, NY - DECEMBER 02: New York City Mayor Michael Bloomberg(L) and US Sen. Charles Schumer (D-NY) (C) attend a news conference at New York's Facebook headquarters with Sheryl Sandberg, Facebook's chief operating officer (R) on ... See all stories on this topic »

GE Investors Eager for Finance Unit Payment Await Fed Review San Francisco Chronicle 6 (Bloomberg) -- General Electric Co. investors eager to find out when the finance unit will resume sharing some of its free cash with the parent company, one indicator of renewed health and safety, will have to wait until the Federal Reserve finishes ... See all stories on this topic »

J.C. Penney Buys Martha Stewart Living Stake in Plan to Open Mini-Stores Bloomberg Photographer: David Paul Morris/Bloomberg JC Penney Co. acquired a 17 percent stake in Martha Stewart Living Omnimedia Inc. (MSO) for $38.5 million as the US department-store chain seeks to revive sales with new mini stores dedicated to the brand. ... See all stories on this topic » Bloomberg

French, Spanish Bonds Fall on S&P Warning; U.S. Stocks Fluctuate San Francisco Chronicle 6 (Bloomberg) -- French, Spanish and Austrian bonds fell after Standard & Poor's said it may cut the credit ratings of 15 euro nations and the European bailout fund. US equities fluctuated and the euro trimmed most of an earlier loss. ... See all stories on this topic »

Yale's Levin Highest-Paid Ivy League Chief at $1.63 Million San Francisco Chronicle 5 (Bloomberg) -- Yale University's Richard C. Levin was the Ivy League's highest-paid president at $1.63 million in total compensation in 2009, as 36 private-college leaders received more than $1 million each. Six more chief executives than in the ... See all stories on this topic »

Itau Takes Top Brazil Bank Rankings From Citigroup, Rothschild Bloomberg Source: Banco Itau via Bloomberg Banco Itau BBA SA has taken over the top rankings in Brazil for merger advice, equity underwriting and initial public offerings, supplanting foreign banks Citigroup Inc. (C), Rothschild and Credit Suisse Group AG.... See all stories on this topic » Bloomberg

Too-Big-To-Fail Is Back on Senate Agenda With 'Megabank' Hearing Bloomberg Morgan Stanley (MS), Citigroup Inc. (C) and Bank of America got almost $300 billion of secret Fed loans, based on their combined peak borrowings. Bloomberg News calculated those numbers based on an examination of 29000 pages of Fed documents obtained ... See all stories on this topic » Bloomberg

Goldman's Forst to Leave; Lane Promoted to Help Run Fund Unit BusinessWeek 3 (Bloomberg) -- Edward C. Forst, co-head of the investment management division at Goldman Sachs Group Inc., will leave at the end of the year and cede his role to Eric S. Lane, according to internal memos obtained by Bloomberg News. ... See all stories on this topic »

Sino-Forest May Go Private, Seek Merger as Martin Tries to Exit 'Morass' Bloomberg The slump in Sino-Forest's shares has cost investors about C$3.3 billion, according to data compiled by Bloomberg. The stock, which closed at C$18.21 the day before the Muddy Waters report, fell toC$4.81 on its last day of trading on Aug. 25. ... See all stories on this topic »

Poland's KGHM to Buy Quadra FNX for $2.83 Billion to Add U.S., Chile Mines Bloomberg 6 (Bloomberg) -- KGHM Polska Miedz SA, the copper miner with the largest European output, agreed to buy Canada's Quadra FNX Mining Ltd. (QUX) for about C$2.87 billion ($2.84 billion) in the largest overseas acquisition by a Polish company. ... See all stories on this topic »

Pharmasset Poised to Pay 20% With Gilead Deal Closing: Real M&A BusinessWeek 6 (Bloomberg) -- After attracting a record windfall for a drug takeover, Pharmasset Inc. is now offering the biggest annualized return of any US deal for traders willing to bet on smooth development of its experimental hepatitis C treatment. ... See all stories on this topic »

Transport Department Says Ministry Could Sell Assets in 'Beach Babe' Memo Bloomberg ... and released to Bloomberg under Canada's freedom-of-information law. Transport Canada regulates safety of the country's air, rail, marine and road industries, with companies such as Air Canada and Canadian National Railway Co. under its purview. ... See all stories on this topic »

Cameco's Gitzel Says Uranium Supply Deficit May Loom Bloomberg 2 at Bloomberg's Toronto bureau. “They take every possible project, think it's going to operate to perfection, and add it up and say 'there's lots of supply,'” Gitzel said. “It's easier said than done.” Uranium prices have slumped 23 percent since a ... See all stories on this topic »

Teva May Profit From Ranbaxy's Lipitor Copy Bloomberg Lipitor copies may add as much as $650 million to Ranbaxy's revenue over the next six months, according to the median estimate of five analysts surveyed by Bloomberg. The FDA gave the Indian drugmaker, 64 percent-owned by Daiichi Sankyo Co., ... See all stories on this topic » Bloomberg

Rajaratnam's Prison Trades May Run From Postage Stamps to Mackerel Packets Bloomberg Photographer: Peter Foley/Bloomberg Raj Rajaratnam is expected to report to Federal Medical Center Devens today to begin his prison sentence. Raj Rajaratnam is expected to report to Federal Medical Center Devens today to begin his prison sentence. ... See all stories on this topic » Bloomberg

Olympus Panel to Disclose Probe Into Acquisitions, Cover-Up Bloomberg Photographer: Kiyoshi Ota/Bloomberg Dec. 1 (Bloomberg) -- Michael Woodford, former chief executive officer of Olympus Corp., talks about the accounting scandal at the Japanese camera maker. Woodford resigned as a director of Olympus in the first step ... See all stories on this topic » Bloomberg

3M Says 2012 Sales May Climb 6% on Boost From Acquisitions BusinessWeek The midpoint of 3M's 2012 earnings forecast is $6.38 a share, which was “better than expected,” C. Stephen Tusa, an analyst at JPMorgan Chase & Co., wrote in a note to clients. The average of 17 analysts' estimates compiled by Bloomberg was $6.27. ... See all stories on this topic »

Gilead Bonds Expose Discontent Shares Conceal: Corporate Finance BusinessWeek ... revenue, Bloomberg data show. The company's Atripla, a three-drug combination pill approved in 2006, is the most widely used AIDS medicine. The therapy mixes Gilead's two-drug medicine Truvada, approved in 2004, with Bristol-Myers Squibb Co. ... See all stories on this topic »

Anadarko Considers Potential Sale of Mozambique Gas Fields Bloomberg “What they're basically doing is saying, 'As we create some value, we're going to take some of that value and collect it as cash up front rather than waiting five or 10 years for the project,'” Bob Brackett, a senior analyst at Sanford C. Bernstein in ... See all stories on this topic »

Euro Strengthens as Six Central Banks Ease Funding; Yen Weakens San Francisco Chronicle Canada's dollar rose after the nation's economy grew at a 3.5 percent annualized pace in the third quarter, beating the 3 percent expansion forecast in a Bloomberg News survey. It strengthened 1.4 percent to C$1.0174. The Dollar Index dropped 0.9 ... See all stories on this topic »

A 'fine time' for city park performers New York Daily News Once again, Mayor Bloomberg's desire to regulate everything, especially to regulate fun, means he cobbles together a legal rational based on the crazy idea that tourist in Washington Square Park want an unobstructed view of the fountain," said ... See all stories on this topic » New York Daily News

Pfizer Lipitor Sales Are Threatened by Ranbaxy Generic Copy Bloomberg Copycat Lipitor may generate as much as $650 million for Ranbaxy in its first 180 days of sale, according to the median estimate of five Mumbai-based analysts surveyed by Bloomberg. Ranbaxy, 64 percent-owned by Daiichi Sankyo Co. and based near New ... See all stories on this topic »

Morning Take-Out New York Times BLOOMBERG NEWS A Top Goldman Sachs Executive Departs | Edward C. Forst, co-head of asset management, is retiring. He is the highest-ranking executive to leave the firm in recent months. DealBook » Cost-Cutters to See Sizable Bonuses | The wave of ... See all stories on this topic »

Belle, Philex, Premiere, Robinsons: Philippine Stocks Preview Bloomberg ... and property development, BusinessWorld reported, citing Maricel Baltazar, the company's legal counsel. Baltazar couldn't be reached in her office for comment. To contact the reporter on this story: Ian C. Sayson in Manila at isayson@bloomberg.net. See all stories on this topic »

Hospira Becoming Generic Drug Takeover Target With FDA Scrutiny: Real M&A Bloomberg The Lake Forest, Illinois-based company traded this week at a record low of 1.46 times net assets, making it the cheapest generic pharmaceuticals maker in the US greater than $500 million, according to data compiled by Bloomberg. ... See all stories on this topic »

Daimler Losing Value to BMW as Pure Luxury Wins Investors: Cars San Francisco Chronicle 7 (Bloomberg) -- Daimler AG celebrated its 125-year anniversary in January, enjoying a market valuation that was 17 billion euros ($23 billion) more than Bayerische Motoren Werke AG's. That gap has now all but disappeared. The Mercedes-Benz maker's ... See all stories on this topic »

Weil: Fed Lays Trap for Itself With Bank Stress Tests Bloomberg ... according to data compiled by Bloomberg. Partly that's because the quality of earnings at many large banks has been weak, just as Europe's debt crisis is threatening global economic growth. Bank of America, Citigroup and JPMorgan Chase & Co. ... See all stories on this topic » Bloomberg

Soybean Prices May Rise After Crop Losses in Northern Hemisphere Bloomberg ... meal made from the oilseed and used to feed animals to the four countries dropped 6.1 percent to 5.21 million tons over the same period, according to Oil World. To contact the reporter on this story: Tony C. Dreibus in London at tdreibus@bloomberg.net. See all stories on this topic »

Bloomberg Fires Back At Bernanke's Blustering Rebutall | ZeroHedge By Tyler Durden It appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response to Mr. Bernanke's 'egregious errors' note to Congress. Without naming names, Bernanke makes a number of points regarding the reporting of the secret bailout ... ZeroHedge

Bloomberg News: 10000 Potential Actos Bladder Cancer Lawsuits ... By Brett Emison Bloomberg news reported yesterday that Japanese drug maker Takeda Pharmaceutical Co., may face 10000 Actos bladder cancer lawsuits. Since the late 1990s, two diabetes drugs have dominated... Kansas City Personal Injury Lawyer

Pharmalot… Pharmalittle… Good Morning // Pharmalot By Ed Silverman Monday is never easy. We hope you survive… Bristol And J&J Form Hepatitis C Collaboration (Bloomberg News). Abbott Dismisses Talk Of Selling Pharma Unit (Reuters). Carl Icahn's Right-Hand Man Starts His Own Fund (Bloomberg News) ... Pharmalot

SC Daily- GCLL Progress BEAC Conference Call | Stock Market ... By admin Read More >> http://0webinfo.com/ss/link.phpM15558&N689&C8e970abf490d59bca7e65165b8238f56&L1937 ———————————————————– Bloomberg News Congress Discusses Enacting Stricter Insider-Trading Laws ... Stock Market Newsletters

Pharmalot… Pharmalittle… Good Morning // Pharmalot By Ed Silverman Sanofi's Lantus Doubled Risk Of Cancer In Study Of Diabetics (Bloomberg News). Dendreon To Sell Royalty In Merck Hep C Drug (Reuters). Russian Pharma Market May Be Hurt By European Crisis (Moscow Times). EDITOR'S NOTE: Please ... Pharmalot

Bernanke Escalates Foodfight with Bloomberg: Score Bloomberg 1 ... By Yves Smith It's telling that the Fed was dumb enough to try upping the ante in its ongoing fight with Bloomberg News over the central bank's refusal to disclose many critical details about its emergency lending programs during the crisis. Any poker player will tell you you don't raise with a weak ... Intrepid readers can find the detailed analysis posted on Cumberland's website at http://www.cumber.com/commentary.aspx?file=072111a.asp. For those who choose to read no further, the bottom line is ... naked capitalism

Campaign spending down this caucus, primary season | Iowa ... By contentservice (c) 2011, Bloomberg News. WASHINGTON — Even as experts predict that the 2012 presidential race will be the most expensive in history, a funny thing is happening on the way to the. Republican nomination: It's becoming one of the ... Iowa Caucus 2012

Bloomberg News journalists on Twitter, Facebook and Google+ ... You just saw the 25 most followed Bloomberg News journalists. ... bloomberg. com — Before Republicans put Newt Gingrich at the top of their party, they should ... muckrack.com/directory/bloomberg

Theflyonthewall.com equity news: C Citigroup to cut jobs Bloomberg ... theflyonthewall.com: Citigroup to cut 4500 jobs, Bloomberg reports ... COMPANY NEWS: Financial shares advanced on the optimistic signs from Europe, with ... www.theflyonthewall.com/.../C-Citigroup-to-cut--jobs-Bloomb...

Interclick Investors File Settlement Plan Over Yahoo Buyout (1) c ... Investors in Interclick Inc., a provider of marketing advice based on consumers online behavior, filed a tentative settlement of lawsuits over a planned $270 ... www.allvoices.com/.../11046569-interclick-investors-file-settle...

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