BLOOMBERG News, Jan 04, 2012

Bank Earnings Increase 57% in Analyst Forecasts Which Proved Wrong in 2011 Bloomberg The six largest lenders, including JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC) and Goldman Sachs Group Inc. (GS), may post an average profit increase of 57 percent this year, according to 184 analysts' estimates compiled by Bloomberg. ... See all stories on this topic » Bloomberg

Bond Exotica Gains Favor as Fed Holds Down Rates Bloomberg Enlarge image Bond Exotica Gains Favor as Fed Holds Down Rates Bond Exotica Gains Favor as Fed Holds Down Rates Paul Taggart/BloombergShipping containers sit stacked at the Port of New Orleans in New Orleans, Louisiana, US Debt backed by shipping ... See all stories on this topic » Bloomberg

JPMorgan Topples Morgan Stanley From Top Spot in Chemical Deals Bloomberg Enlarge image JPMorgan Topples Morgan Stanley From Top in Chemical Deals JPMorgan Topples Morgan Stanley From Top in Chemical Deals Jin Lee/Bloomberg JPMorgan Chase & Co. signage is displayed at the entrance to their headquarters building in New York. ... See all stories on this topic » Bloomberg

Energy Giants Unshaken by Quakes Seek Shale Bloomberg Enlarge image Energy Giants Undeterred by Quakes and Seek Shale Energy Giants Undeterred by Quakes and Seek Shale Julia Schmalz/Bloomberg A worker cleans and lubricates the head of the machine at a natural gas production site at the Marcellus Shale ... See all stories on this topic » Bloomberg

U.S. Stock Futures Are Little Changed Before Factory Orders Data Bloomberg Economists in a Bloomberg survey had estimated a 2 percent increase, according to the median forecast. Global stocks fell earlier as UniCredit SpA, Italy's largest bank, said it will sell new shares in a 7.5 billion-euro ($9.8 billion) offer to ... See all stories on this topic » Bloomberg

Oil Trades Near 8-Month High on Demand, Iran Tension Amid Shrinking Supply Bloomberg US Stockpiles Crude inventories probably dropped 500000 barrels last week, according to a Bloomberg News survey before an Energy Department report tomorrow. US gasoline inventories (DOEASMGS) probably climbed 1 million barrels last week, according to ... See all stories on this topic » Bloomberg

Canadian Stocks Fall After US Factory Orders Trail Forecasts BusinessWeek 4 (Bloomberg) -- Canadian stocks fell for the first time in four days after UniCredit SpA's plan to sell shares raised concern European lenders will need to increase capital and US factory orders trailed economist forecasts. ... See all stories on this topic »

Toronto-Dominion Tops Canadian Stock Sales for First Time on Real Estate Bloomberg Intact Financial, Canada's largest property and casualty insurer, had the second-biggest deal, to help fund its C$2.6 billion takeover of Axa SA's Canadian business. Companies raised $2.56 billion in IPOs in 2011, according to Bloomberg data. ... See all stories on this topic »

Food Inflation at Home May Have Peaked, USDA's Glauber Says BusinessWeek By Tony C. Dreibus Jan. 4 (Bloomberg) -- US inflation for food at home may have peaked after crop prices fell for the first time in three years, the US Department of Agriculture's top economist said. The Standard & Poor's GSCI Agriculture Total Return... See all stories on this topic »

Wall Street's Big Swingers Get the Biggest Breaks: Susan Antilla San Francisco Chronicle 4 (Bloomberg) -- On the surface, the year 2011 was one of ramped-up securities regulation and scary times for financial scammers, with enforcement cases soaring at the US Securities and Exchange Commission and coverage galore about the humbling of... See all stories on this topic »

Obama Opens Election Year Focused on Pitching Message on Economy Bloomberg Enlarge image Obama Opens Election Year Obama Opens Election Year Joshua Roberts/Bloomberg US President Barack Obama is seen on the screen of a laptop computer as he participates in a video teleconference with Iowa Caucus attendees in Washington, ... See all stories on this topic » Bloomberg

Canadian Dollar Drops From Highest Level in Almost Month as Oil Declines Bloomberg With a drop of 2 percent in the past year, the Canadian dollar is the third-biggest loser after the euro and Sweden's krona among the 10 developed-nation currencies tracked byBloomberg Correlation-Weighted Indexes. The loonie has gained 1.7 percent in ... See all stories on this topic »

Fidelity, Och-Ziff Seek Stiffer Collateral Rule Before CFTC Vote Bloomberg The association represents the world's largest swap dealers, including JPMorgan Chase & Co., Deutsche Bank AG and Morgan Stanley. To contact the reporter on this story: Silla Brush in Washington at sbrush@bloomberg.net; Robert Schmidt in Washington at... See all stories on this topic »

U.S. Spurns Iran's Demand to Keep Aircraft Carrier Out of Gulf San Francisco Chronicle 4 (Bloomberg) -- The US rebuffed Iran's demand not to return an aircraft carrier to the Persian Gulf, a "warning" from Tehran that helped send oil prices to the highest in almost eight months. The US said it will continue to protect freedom of ... See all stories on this topic »

Internet Picks U.S. Presidential Candidate If Peter Ackerman Gets His Way Bloomberg Enlarge image Peter Ackerman, Chairman of Americans Elect Peter Ackerman, Chairman of Americans Elect Brian Finke/Bloomberg Markets via Bloomberg Peter Ackerman, chairman of Americans Elect, second left, speaks while Chief Leadership Officer Wendy ... See all stories on this topic » Bloomberg

Iowa Caucuses Spur Final Push by Romney Against Santorum, Paul Challenges Bloomberg 'Record Turnout' Predicted Iowa Governor Terry Branstad said onBloomberg Television today that he expects a “record turnout” tonight. “It's a wide open race,” he said. “It's going to come down to turnout.” Four years ago, about 120000 Republicans ... See all stories on this topic » Bloomberg

Hong Kong Short Selling Turnover (Main Board) Recorded 01/04/201 Bloomberg Hong Kong, 01/04/2012 (Bloomberg) - Short selling was recorded on the Main Board of the Hong Kong Stock Exchange for the following companies as of 00:00 today. Number Short Percent of shares selling Total of short Tkr sold short turnover turnover to ... See all stories on this topic »

Citigroup Sues Singapore Hedge Fund Manager Bloomberg To contact the reporter on this story: Andrea Tan in Singapore at atan17@bloomberg.net To contact the editor responsible for this story: Douglas Wong at dwong19@bloomberg.net Tweet More Business Exchange Buzz up! Digg Print Email Citigroup Sues Hedge ... See all stories on this topic » Bloomberg

TD Tops Canadian Stock Sales for First Time on Real Estate Deals BusinessWeek Intact Financial, Canada's largest property and casualty insurer, had the second-biggest deal, to help fund its C$2.6 billion takeover of Axa SA's Canadian business. Companies raised $2.56 billion in IPOs in 2011, according to Bloomberg data. ... See all stories on this topic »

U.S. Federal Reserve Meeting Minutes for December 13 (Text) Bloomberg Enlarge image Fed to Release Forecasts for Benchmark Interest Rate Fed to Release Forecasts for Benchmark Interest Rate Brendan Smialowski/Bloomberg The US Federal Reserve building stands in Washington, DC Following are the minutes of the Federal ... See all stories on this topic » Bloomberg

EU Court Rejects European Central Bank Bond-Purchase Complaint Bloomberg ... is headed by academic Markus C. Kerber who last year asked Germany's constitutional court to block the country's participation in the EU bailout of Portugal. To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net.... See all stories on this topic »

Oil Trades Near 8-Month High on Iran Tension, Shrinking Supply BusinessWeek 4 (Bloomberg) -- Oil traded near the highest in almost eight months on speculation that tensions with Iran, shrinking US crude stockpiles and signs of economic recovery will tighten global supplies. Futures were little changed after rallying 4.2 ... See all stories on this topic »

Credit-Default Swaps in US Fall to Two-Month Low on Economy Bloomberg Fifty is the dividing line between growth and contraction, and economists surveyed byBloomberg News forecast the gauge would rise to 53.5. China's manufacturing purchasing managers' index rose last month, the National Bureau of Statistics and ... See all stories on this topic »

Peru Stocks: Alturas, Maple, Milpo, Southern Copper, Volcan Bloomberg To contact the reporter on this story: Alex Emery in Lima at aemery1@bloomberg.net; To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net Tweet More Business Exchange Buzz up! Digg Print Email. See all stories on this topic »

Athabasca Sells MacKay River Oil Sands Stake to PetroChina BusinessWeek 3 (Bloomberg) -- Athabasca Oil Sands Corp., a Canadian crude producer, will sell its remaining interest in the MacKay River oil-sands project to a PetroChina Co. division forC$680 million ($674 million). Athabasca exercised a put option to sell the 40 ... See all stories on this topic »

Dollar Weakens Versus Peers; Brazilian Real, Mexican Peso Climb BusinessWeek ... according to data compiled by Bloomberg. It closed yesterday at 1.14 percentage points below Euribor. Canada's dollar may appreciate to a two-month high against its US counterpart if it closes stronger than its 100-day moving average of C$1.0143, ... See all stories on this topic »

EU Court Rejects European Central Bank Bond-Purchase Complaint BusinessWeek ... is headed by academic Markus C. Kerber who last year asked Germany's constitutional court to block the country's participation in the EU bailout of Portugal. To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net. See all stories on this topic »

Canada Natural Gas Gains Amid Cooler Weather in US Northeast BusinessWeek 3 (Bloomberg) -- Canadian natural gas rose, reversing an earlier decline, as cooler-than-normal weather in the US Northeast boosts demand for heating fuels. Alberta gas rose 0.9 percent after forecasters including Weather Derivatives predicted ... See all stories on this topic »

Winter Classic draws fifth-highest regular-season NHL ratings since 1975 Allentown Morning Call By Nancy Kercheval, c.2012 Bloomberg News Five of the six most-watched NHL games in the past 37 years have been Winter Classics, played outside over the New Year's holiday, NBC said. An average of 3.74 million viewers watched the Jan. ... See all stories on this topic »

5 Things You Need to Know Before the Stock Market Opens TheStreet.com [Reuters] Citigroup(C) is suing a hedge-fund manager over gold losses. Who's the good guy to back in this fight? [Bloomberg] Happy Wednesday! You're already halfway through your work week. Here's the stellar band Galaxie 500 covering the Velvet ... See all stories on this topic »

Energy Giants Undeterred by Quakes Seek Shale Growth Runway BusinessWeek 4 (Bloomberg) -- Asian and European energy producers are spending billions of dollars to amass stakes in oil and natural-gas discoveries from Ohio to British Columbia even as earthquakes and tainted water threaten to stall the biggest drilling boom in ... See all stories on this topic »

Avoid these 11 stocks MarketWatch Prior to Insider Monkey, Krishnamsetty worked for Bloomberg Television, CNBC, NPR and in risk management at Marsh & McLennan. Krishnamsetty has an MS in Journalism from Columbia University's Graduate School of Journalism. By Meena Krishnamsetty JP... See all stories on this topic »

Swag taints tech coverage, raises ethics questions San Francisco Chronicle Last week, Brad Stone of Bloomberg Businessweek noted that journalists invited to the San Francisco Spotify launch party in September were presented with $300 bottles of DeLeón Tequila. Any local tech writer can also tell you they're routinely offered ... See all stories on this topic »

Official Pushing Time Warner Cable to Pay Customers for Losing Knicks and ... Television Week (blog) New York City Comptroller John Liu wants Time Warner Cable to reimburse its customers for losing New York Knicks and Rangers games, a casualty of the clash between the cable company and programmer Madison Square Garden, reportsBloomberg. ... See all stories on this topic »

Toyota Details Green Car Detroit Show Plans EarthTechling by Pete Danko, January 4th, 2012 Toyota has begun selling the smaller version of its iconic Prius, the Prius C. In Japan. Where it's called Aqua. But not to worry, as planned, the new five-door subcompact edition of the popular hybrid will get a big ... See all stories on this topic » EarthTechling

News of the world in photos: Winter grips East and more Seattle Post Intelligencer City Council Speaker Christine Quinn, left, New York City Mayor Michael Bloomberg, second from left, and Police Commissioner Ray Kelly, right, meet with local religious leaders, including Imam Maan Al-Sahlani, regarding recent arson attacks in New York ... See all stories on this topic »

Johnson and Fink Don't See Eye to Eye MutualFundWire.com ... the Dodd-Frank Act. Bloomberg goes into far more details for those mutual fund industry insiders that want to know more. It also excerpts a December 8 letter to the commission by Fidelity senior vice president and general counsel Scott C. Goebel. ... See all stories on this topic »

Bank Earnings Jump 57% in Analyst Forecasts - Bloomberg Analysts' failure to foresee declining earnings per share for the biggest U.S. banks last year hasn't stopped them from predicting an even bigger profit surge for ... www.bloomberg.com/.../bank-earnings-increase-57-in-analyst...

Amy Thomson,Manuel Baigorri, Bloomberg News - SFGate Bloomberg News SETTLEMENTS General Electric to pay in bid-rigging case General Electric Co. agreed to pay $70.4 million to settle a criminal probe and civil ... www.sfgate.com/cgi-bin/artlist.cgi?key=BU&d=/c/a/...

Citi plans $2.5B bond sale, biggest since '09 | $C : BloombergNews Citi plans $2.5B bond sale, biggest since '09 | http://t.co/jFd5fkOb $C byBloombergNews 154327442687926273. inagist.com/BloombergNews/154327442687926273/?...

BP Says Halliburton Should Bear All Costs For Gulf Spill - Nasdaq.com ... BP Says Halliburton Should Bear All Costs For Gulf Spill - Bloomberg News. ...2010 Gulf of Mexico oil spill and explosion should be paid by Halliburton Co. ... www.nasdaq.com/.../stock-market-news-story.aspx?...

Smallest S&P 500 Gain Since '05 Seen by Strategists After U.S. ... s Chief Investment Strategist Brian Belski Oppenheimer & Co.'s Chief Investment Strategist Brian Belski Peter Foley/Bloomberg Brian Belski, chief investment ... www.bloomberg.com/.../smallest-s-p-500-gain-since-05-seen-...

Loonie averages above par versus U.S. dollar for first time since 1976 By Chris Fournier, Bloomberg News December 31, 2011. Tweet ... It averaged C$1.5701 in 2002, the lowest since at least 1971, when data began. Canada's ... www.vancouversun.com/business/Loonie.../story.html

Bloomberg | Netflix A New Challenge Awaiting ... - Contactmusic.com Netflix A New Challenge Awaiting In The U.K. | Netflix, Which Continually Has To Fend Off Attacks From Critics Who Claim That Its Streaming Service ... www.contactmusic.com/.../netflix-a-new-challenge-awaiting-in...

Fed's Once-Secret Data Compiled by Bloomberg Released to Public By Phil Kuntz and Bob Ivry, Bloomberg.com. Bloomberg News today released spreadsheets showing daily borrowing totals for 407 banks and companies that ... wearechangetv.us/.../feds-once-secret-data-compiled-by-bloo...

  

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