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| Canada Stocks Fall as Europe Funding Concern Drives Down Metals BusinessWeek 14 (Bloomberg) -- Canadian stocks fell for a third day, led by producers of raw materials and energy, as increased funding stress in Europe fueled concern the region's debt crisis will sap global growth. Barrick Gold Corp., the world's largest gold ... See all stories on this topic » | ||
| Spreadtrum Drags NY Index to Three-Day Drop: China Overnight BusinessWeek ... head of China research at BNP Paribas, France's biggest bank, said in an interview at Bloomberg's offices in Shanghai. Yanzhou Coal Mining Co., China's fourth-largest producer of the fuel, lost 3.2 percent to $20.97, the lowest in two months. ... See all stories on this topic » | ||
| Zanardo Says EBA Should Reconsider Capital Requirements Washington Post 14 (Bloomberg) -- Marcello Zanardo, a senior analyst at Sanford C. Bernstein &Co., talks about the European Banking Authority's capital requirements. He speaks with Mark Barton on Bloomberg Television's "On the Move." (/Bloomberg) Correction: ... See all stories on this topic » | ||
| Goldman Shunning China Deals Loses Out on Busiest IPO Market BusinessWeek Goldman Sachs has a 1.2 percent market share in the domestic Chinese equity and equity-linked markets this year, compared with UBS's 6.1 percent, data compiled by Bloomberg show. The largest player is China's Ping An Insurance Group Co., ... See all stories on this topic » | ||
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| Sino-Forest Bonds Indicate No Recovery Expected: Canada Credit San Francisco Chronicle 14 (Bloomberg) -- Sino-Forest Corp. notes are trading at levels indicating that bondholders may lose their entire investment in the tree-plantation operator, which signaled this week it will default on a portion of its $1.8 billion in debt. ... See all stories on this topic » | ||
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| Canada's Dollar Falls to Lowest in December on Euro Borrowing BusinessWeek 14 (Bloomberg) -- Canada's currency sank to the lowest in more than two weeks against its US counterpart as concern European borrowing costs were reaching unsustainable levels sapped demand for riskier assets. The nation's dollar fell as global stock ... See all stories on this topic » | ||
| Honeywell Outspends 3M to Tap Asia's Growing Safety Concern BusinessWeek 15 (Bloomberg) -- Honeywell International Inc. is poised to overtake 3M Co. as the world's biggest maker of protective gear, buoyed by $3 billion in acquisitions since 2008 and stronger workplace-safety rules in developing countries. ... See all stories on this topic » | ||
| Philippine Stock Movers: Active Alliance, Cebu, Metro Pacific Bloomberg ... the highest close since Aug. 2. Jody Santiago, a Manila-based strategist at UBS AG, said the stock is among its top Philippine picks for 2012. To contact the reporter on this story: Ian C. Sayson in Manila at isayson@bloomberg.net. See all stories on this topic » | ||
| Fat-Burning Roche Medicine Stops Diabetes in Mice Study, Researchers Say Bloomberg The finding triggered a surge of interest in finding ways to activate the fat, C. Ronald Kahn, an endocrinologist at the Joslin Diabetes Center in Boston, said in a telephone interview. “There is a growing interest in the business world,” said Kahn,... See all stories on this topic » | ||
| Canadian Gas Declines as Mild Northeast Weather Pares Demand Bloomberg Alberta gas dropped 2.2 percent on speculation inventories fell 90 billion cubic feet last week, the median of 17 analyst estimates compiled by Bloomberg. The five-year average change for is a decrease of 142 billion, according to Energy Department ... See all stories on this topic » | ||
| Dark Side of Fracking Makes Heckmann a Takeover Target: Real M&A San Francisco Chronicle Shares of Heckmann climbed 1.3 percent to $6.38 in New York today, one of only two companies in the Bloomberg Americas Environmental Control Index to advance. Poseidon climbed 2.3 percent to C$11.31 in Toronto. Heckmann and Poseidon may make sense for ... See all stories on this topic » | ||
| Broadcom Sees Fourth-Quarter Revenue at High End of Forecast; Shares Rise Bloomberg Analysts predicted $1.76 billion, the average of estimates compiled byBloomberg. Broadcom had earlier forecast sales of $1.7 billion to $1.8 billion for the three months ending Dec. 31. Product gross margin, or the percentage of sales remaining after ... See all stories on this topic » | ||
| Lauder Shows Up Miami Developer Museum Deal: Lance Esplund BusinessWeek (Lance Esplund is US art critic for Muse, the arts and leisure section ofBloomberg News. The opinions expressed are his own.) To contact the writer on the story: Lance Esplund in New York at lesplund@gmail.com. See all stories on this topic » | ||
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| China to Impose Anti-Dumping Duties on GM, US Cars BusinessWeek 14 (Bloomberg) -- China announced plans to impose anti-dumping duties on some vehicles imported from the US after failing to block a US tariff on Chinese tires. Punitive duties will be as high as 12.9 percent for autos from General Motors Co. and 8.8 ... See all stories on this topic » | ||
| Coca-Cola Buys Aujan Drink Stake to Expand in Middle East BusinessWeek 14 (Bloomberg) -- Coca-Cola Co., the world's largest soft-drink maker, agreed to acquire about half of the equity in the beverage business of Saudi Arabia-based Aujan Industries in what the companies described as a $980 million transaction. ... See all stories on this topic » | ||
| Rio Tinto Doesn't Plan Ivanhoe Bid After Arbitration Ruling San Francisco Chronicle 13 (Bloomberg) -- Rio Tinto Group, the world's third- biggest mining company, said it won't seek full control of Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute. Rio said today it may seek ... See all stories on this topic » | ||
| Trailing Gas Demand Signals China Import Boom: Energy Markets BusinessWeek 13 (Bloomberg) -- China's ranking as the biggest energy consumer and the least reliant on natural gas for power generation among the world's leading economies is raising the prospect of an import boom as it seeks to cut pollution. ... See all stories on this topic » | ||
| Greenpeace exposes flaws in France nuclear security San Francisco Chronicle 5 security breach that allowed anti-nuclear Greenpeace activists to gain access. Illustrates FRANCE-NUCLEAR (category i), by Tara Patel (c) 2011, BloombergNews. Moved Tuesday, Dec. 13, 2011. (MUST CREDIT: Bloomberg News photo by Antoine Antoniol.) ... See all stories on this topic » | ||
| Falling rupee deepens economic gloom Reuters India Full Article Manmohan Singh sees FDI in retail after March - Bloomberg. Full Article Dividends to the fore as investment theme in Asia. Full Article EU, without Britain, moves towards fiscal deal. Full Article Another tumultuous year looms, ... See all stories on this topic » | ||
| Capital of US Income Gap Festers Amid Connecticut Mansions BusinessWeek 12 (Bloomberg) -- Growing up in poverty on the streets of Bridgeport, Connecticut, Carlos Gonzalez sold heroin and crack cocaine and eventually landed in jail. Now he cleans the kitchens of Greenwich private schools and of financial companies UBS AG ... See all stories on this topic » | ||
| Agrium to Expand Potash Capacity 50% With Saskatchewan Project BusinessWeek 14 (Bloomberg) -- Agrium Inc., North America's largest fertilizer company by revenue, approved an expansion in Canada's Saskatchewan province that will increase its potash production capacity by about 50 percent to 3 million metric tons a year. ... See all stories on this topic » | ||
| Coca-Cola Expands in the Middle East brandchannel.com “The Middle East is a high-growth region with some of the highest rates of non-alcoholic ready-to-drink per-capita consumption,” Ahmet C. Bozer, Coca-Cola's group president for Eurasia and Africa, said, according to Bloomberg. ... See all stories on this topic » | ||
| Avon to Seek New CEO, Separating Top Role With Jung as Chair BusinessWeek 13 (Bloomberg) -- Avon Products Inc. will search for a new CEO next year to replace Andrea Jung as the world's biggest door-to-door cosmetics seller grapples with slowing sales growth and possible bribery-law violations overseas. ... See all stories on this topic » | ||
| Benhamou Aid to U.S. Prosecutors Should Mean No Jail Time, Lawyer Says Bloomberg Benhamou, 51, pleaded guilty in April to conspiracy to commit securities fraud, securities fraud and obstruction for passing tips that Human Genome Sciences Inc. (HGSI)'s hepatitis C drug trials were being halted. Benhamou said in papers filed today in ... See all stories on this topic » | ||
| Intel Claims 100 Degrees Isn't Too Hot in the Data Center Server Watch As reported on Bloomberg, an Intel marketing manager said that by using new software and hardware data centers can spread work around to different computers to keep them cool. "Most server and storage computers sit in rooms cooled to a brisk 64 to 69 ... See all stories on this topic » | ||
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| Goldman Loses at Least 37 Partners - Bloomberg Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, has lost at least 37 partners in 2011 as the firm heads toward the end of its worst year for profit ... www.bloomberg.com/.../goldman-loses-at-least-37-partners-in... |
| Bank of Montreal Declines as Profit Misses Estimates ... - Bloomberg Bank of Montreal, Canada's fourth- biggest bank, reported a quarterly profit that missed analysts' estimates as it set aside more money for souring loans and ... www.bloomberg.com/.../bank-of-montreal-profit-rises-as-u-s-t... |
| RBC, Scotiabank Profits Top Estimates on Domestic ... - Bloomberg Royal Bank of Canada and Bank of Nova Scotia, two of Canada's three biggest lenders, reported fourth- quarter profits that topped analysts' estimates on ... www.bloomberg.com/.../rbc-scotiabank-profits-top-estimates-... |
| Loonie Gains Haven Status With Only G-10 Tightening ... - Bloomberg Canada's dollar is turning into a haven for foreign-exchange investors shunning European turmoil and seeking the safety of the U.S. without the budget deficits ... www.bloomberg.com/.../loonie-joins-dollar-as-haven-amid-fo... |
| T-D Bank, CIBC Profits Beat Estimates - Bloomberg Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, the first Canadian banks to report quarterly results, posted profits that beat analysts' ... www.bloomberg.com/.../td-cibc-report-profits-that-beat-analys... |
| Dudley Should Resign as NY Fed Leader: Simon ... - Bloomberg A major financial crisis is brewing, brought on by a toxic combination of failing European sovereign governments and highly leveraged international banks, ... www.bloomberg.com/.../dudley-should-quit-as-new-york-fed-... |
| Bank Credit Highest Since Before Lehman as U.S. ... - Bloomberg U.S. bank credit is growing at the fastest pace in three years, giving the Federal Reserve confidence in the economic expansion's staying power. www.bloomberg.com/.../bank-credit-highest-since-before-leh... |
| Stocks, Euro Rise on Debt Plan - Bloomberg Stocks climbed, sending the Standard & Poor's 500 Index up for the week, Treasuries fell and the euro rose as Europe set plans to boost its rescue fund and U.S. ... www.bloomberg.com/.../asian-stocks-korean-won-drop-as-ecb... |
| Canada May Miss $6.7 Billion Carbon Offset Bill by ... - Bloomberg Canada, the country furthest from meeting its commitment to cut carbon emissions under the Kyoto Protocol, may save as much as $6.7 billion by exiting the ... www.bloomberg.com/.../canada-may-escape-6-7-billion-bill-b... |
| Billionaire Prokhorov to Challenge Putin - Bloomberg Billionaire Mikhail Prokhorov plans to challenge Prime Minister Vladimir Putin for the Russian presidency in March elections after the biggest anti-government ... www.bloomberg.com/.../russian-billionaire-prokhorov-to-chal... |
| Bank Credit Highest Since Before Lehman Bankruptcy as Expansion ... U.S. bank credit is growing at the fastest pace in three years, giving the Federal Reserve confidence in the economic expansion's staying power. www.bloomberg.com/.../bank-credit-highest-since-before-leh... |
| Olympus Meets Earnings Deadline to Avoid Automatic Delisting Photographer: Tomohiro Ohsumi/Bloomberg Dec. 14 (Bloomberg) -- Kazuyuki Terao, chief investment officer of RCM Japan Co., talks about the accounting scandal ... www.bloomberg.com/.../olympus-meets-earnings-deadline-to-... |
| Monster Seen Finally Luring LBO as Job Slump Depresses ... Monster Worldwide Inc., the subject of at least 20 takeover rumors in the past five years, may finally be cheap enough to lure a private equity buyer. www.bloomberg.com/.../monster-seen-finally-luring-lbo-as-jo... |
| PayPal to target daily deals via buying habits PayPal, seeking to challenge Groupon Inc. and LivingSocial.com in the market for daily deals, plans to start offering ... Danielle Kucera, Bloomberg News ... www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/14/... |
| KNOC May Spend Up to $4 Billion Next Year to Buy Oil Assets ... Go To Businessweek.com. Bloomberg.com · Business Exchange ... Finance, Lifestyle, Magazine, Management, Small Business, Technology, Top News. Author... www.businessweek.com/.../knoc-may-spend-up-to-4-billion-n. |
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