Bloomberg

Video: Taylor Says Payvment Sees `Huge Business' on Facebook

Sat, 11 Feb 2012 01:10:18 +0000

Feb. 10 (Bloomberg) -- Christian Taylor, chief executive officer of Payvment Inc., talks about online shopping on Facebook Inc. and the impact of the company's initial public offering on Payvment. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." Payvment makes software that can turn Facebook pages into storefronts that accept a credit card of EBay Inc.'s PayPal online payment service. (Source: Bloomberg)

Video: Harris Discusses Facebook IPO Impact on Employee Wealth

Sat, 11 Feb 2012 01:07:08 +0000

Feb. 10 (Bloomberg) -- William Harris, founder and chief executive officer of Personal Capital Corp. and former CEO of PayPal Inc. and Intuit Inc., talks about the impact of Facebook Inc.'s initial public offering on the wealth of its workers. He speaks with Jon Erlichman on Bloomberg Television's "Bloomberg West." Bloomberg's Emily Chang also speaks. (Source: Bloomberg)

Video: Kotick Says Activision Skylanders `Off to Great Start'

Sat, 11 Feb 2012 01:00:58 +0000

Feb. 10 (Bloomberg) -- Bobby Kotick, chief executive officer at Activision Blizzard Inc., talks about the company's "Skylanders" franchise. Kotick also discusses Activision's "World of Warcraft" games and social-gaming strategy. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Video: Kedrosky Says Apple's Run in Workplace `Just Beginning'

Sat, 11 Feb 2012 00:14:39 +0000

Feb. 10 (Bloomberg) -- Paul Kedrosky, author of the Infectious Greed Blog and a Bloomberg contributing editor, talks about Apple Inc.'s competition with Research In Motion Inc. for corporate and government customers in the mobile-device market. The U.S. Air Force may buy as many as 18,000 iPad2s in what would be one of the military’s biggest orders of computer tablets, accelerating Apple’s inroads into the federal government. Kedrosky speaks with Emily Chang on Bloomberg Television's "Bloomberg West." Cory Johnson also reports on Apple. (Source: Bloomberg)

Video: BGC's Purves Says Greece Bailout Package `Buys Time'

Fri, 10 Feb 2012 23:52:56 +0000

Feb. 10 (Bloomberg) -- Michael Purves, chief market strategist at BGC Financial LP, Fernando Napolitano, founder and president of the Italian Business & Investment Initiative, John Manley, chief equity strategist for Wells Fargo Advantage Funds, and Irene Finel-Honigman, adjunct professor of international affairs at Columbia University's School of International and Public Affairs, talk about Europe's sovereign-debt crisis, plans to help Greece avoid default and their investment strategies. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Video: S&P 500 Snaps Advance on Concern Over Greece Bailout

Fri, 10 Feb 2012 22:26:06 +0000

Feb. 10 (Bloomberg) -- Bloomberg's Pimm Fox and Deborah Kostroun report on the performance of the U.S. equity market today. U.S. stocks fell, snapping a five-week rally for the Standard & Poor’s 500 Index, on concern that plans to help Greece avoid default were unraveling and as confidence among American consumers dropped more than forecast. (Source: Bloomberg)

Video: Data Demand May Boost Cable Installers, Towers

Fri, 10 Feb 2012 14:26:31 +0000

Feb. 10 (Bloomberg) -- As wireless carriers expand their network infrastructure to meet consumer demand for data streaming, the capacity investments may benefit fiber-optic cable installers and towers that carry wireless data. Duarte Geraldino reports on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Video: Mark Cuban Faces SEC Deposition in Trading Probe

Fri, 10 Feb 2012 13:33:26 +0000

Feb. 10 (Bloomberg) -- Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, has been ordered to appear at the U.S. Securities and Exchange Commission today to face questions related to the agency’s insider trading lawsuit against him. Cuban has been fighting for more than three years against SEC claims that he traded on confidential information when he sold his stake in Mamma.com, a Canadian Internet search company now known as Copernic Inc., just before it announced a private placement of shares. Betty Liu reports in today's Movers and Shakers on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Video: Murdoch's Hacking Strategy Decision Backfired

Fri, 10 Feb 2012 12:30:26 +0000

Feb. 10 (Bloomberg) -- On May 19, 2011, Rupert Murdoch hosted a dinner party to hash out once and for all how to handle the phone-hacking scandal that had been hanging over the company for months and was suddenly spinning out of control. Murdoch chose that evening to stick to a London-based containment strategy, with News Corp.'s U.K. head Rebekah Brooks supervising it. Nine months later, the consequences of that decision still reverberate, Bloomberg Businessweek's reports in its Feb. 13 issue. Greg Farrell discusses the dinner on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Video: Pentagon Opening More Posts to Women; Stocks Rise

Fri, 10 Feb 2012 10:51:25 +0000

Feb. 10 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg)

Video: Schaeuble Said to Say Greece Missing Targets

Fri, 10 Feb 2012 09:56:56 +0000

Feb. 10 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble told lawmakers in Berlin today that Greece is missing its debt-cutting targets, according to two people who took part in the meeting. David Tweed reports on Bloomberg Television's "The Pulse" with Maryam Nemazee.

Video: Apabhai Favors Asia Financial, Material, IT Stocks

Fri, 10 Feb 2012 08:02:50 +0000

Feb. 10 (Bloomberg) -- Mohammed Apabhai, head of Asia trading strategy at Citigroup Inc., talks about his investment strategy. He also discusses China's economy and Europe's sovereign debt crisis. He speaks with John Dawson, Susan Li, Zeb Eckert and David Ingles on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

Video: Greek Debt-Swap Deal Expected by Monday

Fri, 10 Feb 2012 07:10:53 +0000

Feb. 10 (Bloomberg) -- Carsten Brzeski, an economist at ING Group, talks about the outlook for an agreement on private bondholder losses on Greek debt. He speaks from Brussels with Caroline Hyde on Bloomberg Television's "First Look." (Source: Bloomberg)

Video: Naumann Expects GM Will Remain Global Car Sales Leader

Fri, 10 Feb 2012 03:42:03 +0000

Feb. 10 (Bloomberg) -- Ivo Naumann, Shanghai-based managing director at consulting company AlixPartners, talks about the global auto industry. He speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: Prasad Says China Has Tools to Counter `External Shock'

Fri, 10 Feb 2012 03:32:39 +0000

Feb. 10 (Bloomberg) -- Eswar Prasad, a senior fellow at the Brookings Institution in Washington and a former International Monetary Fund economist, talks about the potential impact of Europe's sovereign debt crisis on China's economy.¶ The IMF said on Jan. 6 China’s economic expansion would be cut almost in half if Europe’s crisis worsens. Prasad speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: ANZ Bank's Colhoun Says RBA May Cut Key Rate in March

Fri, 10 Feb 2012 01:55:39 +0000

Feb. 10 (Bloomberg) -- Ivan Colhoun, head of Australian economics and property research at Australia & New Zealand Banking Group Ltd., talks about the nation's economy and central bank monetary policy. Australia’s dollar fell from near a six-month high after the Reserve Bank lowered its forecasts for growth and inflation this year, boosting scope for policy makers to cut interest rates. Colhoun speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Video: Yeung Says Fidelity Fund Managers Favor China Stocks

Fri, 10 Feb 2012 01:49:35 +0000

Feb. 10 (Bloomberg) -- Catherine Yeung, an investment director at Fidelity Investment Management Ltd. in Hong Kong, talks about Asian stocks and bonds. Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies. Yeung also discusses China's economy and central bank monetary policy. Yeung speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Video: Bruce Sees `Strength' in Rio Tinto's Balance Sheet

Fri, 10 Feb 2012 01:21:36 +0000

Feb. 10 (Bloomberg) -- James Bruce, a fund manager at Perpetual Ltd., talks about Rio Tinto Group's financial results and business outlook. Rio swung to a second-half loss, its first in four years, after taking an $8.9 billion one-time charge on the value of its aluminum business. Bruce speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Video: Peterson's Lardy Says China's Growth Rate May Slow

Fri, 10 Feb 2012 01:15:26 +0000

Feb. 10 (Bloomberg) -- Nicholas Lardy, an economist at the Peterson Institute for International Economics in Washington, talks about U.S.-China relations, and the Asian nation's economy and currency policy. Chinese Commerce Minister Chen Deming said yesterday exports probably fell in January after foreign trade slowed in the second half of last year, as he pledged to maintain "stability" in the yuan’s exchange rate. Lardy speaks with Susan Li on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: Peterson's Lardy Says China's Growth Rate May Slow

Fri, 10 Feb 2012 01:15:18 +0000

Video: Marini Says More Blue Collar Workers Using BranchOut

Fri, 10 Feb 2012 01:12:13 +0000

Feb. 9 (Bloomberg) -- Rick Marini, chief executive officer of BranchOut Inc., talks about user trends of the social-networking site for job seekers. Marini also discusses competition with LinkedIn Corp. He speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." Bloomberg's Emily Chang also speaks. (Source: Bloomberg)

Video: Calstrs CEO Ehnes Says Facebook Should Diversify Board

Fri, 10 Feb 2012 01:06:10 +0000

Feb. 9 (Bloomberg) -- Jack Ehnes, chief executive officer of the California State Teachers' Retirement System, talks about Facebook Inc.'s initial public offering and its all-male board. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Video: Blair Says Google Music Streaming Service `Makes Sense'

Fri, 10 Feb 2012 00:25:38 +0000

Feb. 9 (Bloomberg) -- Brian Blair, analyst at Wedge Partners Corp., talks about Activision Blizzard Inc.'s performance and a report that Google Inc. is developing an entertainment device that will use wireless home networks. He speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." Emily Chang and Jon Erlichman also report on Activision's fourth-quarter results. (Source: Bloomberg)

Video: Sargen Says Stocks Might Post 10-15% Gains This Year

Fri, 10 Feb 2012 00:16:15 +0000

Feb. 10 (Bloomberg) -- Nick Sargen, chief investment officer at Fort Washington Investment Advisors in Cincinnati, talks about the outlook for bond and stock markets and his investment strategy. Sargen also discusses the euro members' efforts to resolve Greece's debt problems. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Video: Gelfond Says Greece May See Growth Sooner Than Expected

Fri, 10 Feb 2012 00:13:09 +0000

Feb. 9 (Bloomberg) -- Robert Gelfond, chairman and founder of MQS Asset Management, Yannis Ioannides, an economics professor at Tufts University, Douglas Borthwick, managing director at Faros Trading, and Robbert Van Batenburg, an analyst at Louis Capital Markets, discuss the outlook for the Greek debt crisis. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." Bloomberg's Carol Massar also speaks. (Source: Bloomberg)

Video: Van Batenburg, Blitz, Cohan on Central Bank Policy

Fri, 10 Feb 2012 00:03:39 +0000

Feb. 9 (Bloomberg) -- Robbert Van Batenburg, an analyst at Louis Capital Markets LP, Steven Blitz, an economist at ITG Investment Research, and William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View columnist, talk about Federal Reserve and global central bank monetary policy. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

Video: Derrick Says U.S. Global Likes Apple, Gazprom, Randgold

Thu, 09 Feb 2012 23:45:03 +0000

Feb. 9 (Bloomberg) -- John Derrick, director of research at U.S. Global Investors Inc., talks about investment in risky assets in the current environment and some of his stock picks including Apple Inc., OAO Gazprom and Randgold Resources Ltd. Derrick speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Video: U.S. Stock Market Wrap

Thu, 09 Feb 2012 22:46:32 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Pimm Fox and Deborah Kostroun report on the performance of the U.S. equity market today. U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third day, as Greek political leaders struck a deal on a package of austerity measures needed to secure international rescue funds. (Source: Bloomberg)

Video: Steve Jobs FBI File Notes Drug Use, Mixed Views

Thu, 09 Feb 2012 19:56:31 +0000

Feb. 9 (Bloomberg) -- The Federal Bureau of Investigation released a decades-old file it kept on Apple Inc. co-founder Steve Jobs that noted his past drug use and cites interviews with people who say he had a penchant to “distort reality.” The 191 pages of FBI records are part of a 1991 background check of Jobs, who died in October 2011, for an appointment by former President George H.W. Bush to the President’s Export Council. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Video: European Soccer Revenue Grew 3%, Says Deloitte

Thu, 09 Feb 2012 17:32:42 +0000

Feb. 9 (Bloomberg) -- Mark Roberts, a senior consultant in the Sports Business Group at Deloitte LLP, discusses European soccer revenue for the 2010-2011 season. He talks with Maryam Nemazee on Bloomberg Television's "Last Word."

Video: Buffett Says Bonds Among `Most Dangerous of Assets'

Thu, 09 Feb 2012 14:36:27 +0000

Feb. 9 (Bloomberg) -- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies. “They are among the most dangerous of assets,” Buffett said in an adaptation of his annual letter to shareholders that appeared today on Fortune magazine’s website. Betty Liu and Dominic Chu report in today's Movers and Shakers on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Video: U.S. Jobless Claims Fell Last Week to 358,000

Thu, 09 Feb 2012 13:57:51 +0000

Feb. 9 (Bloomberg) -- The number of Americans filing first-time claims for unemployment insurance payments unexpectedly declined last week, indicating the labor market recovery is gaining traction. Applications for jobless benefits decreased 15,000 in the week ended Feb. 4 to 358,000, Labor Department figures showed today. Betty Liu reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Video: German Manufacturers Focus on Product Quality

Thu, 09 Feb 2012 13:01:28 +0000

Feb. 9 (Bloomberg) -- Erik Schatzker visits the plants of Porsche SE, Hugo Boss AG and Robert Bosch GmbH in southern Germany and takes a look at their manufacturing strategy. He reports on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Video: Dold Wins Empire State Building Run-Up

Thu, 09 Feb 2012 12:58:29 +0000

Feb. 9 (Bloomberg) -- Runners from 20 to 78 years of age from 25 countries including Australia, Japan, Mexico and Turkey participated in the 35th Annual Empire State Building Run-Up last night. Thomas Dold of Germany won the men’s invitational, his record seventh consecutive title, covering the 1,576 steps in 10:28. Melissa Moon of New Zealand won the women’s division with a time of 12:39. The race expects to raise more than $475,000 for the Multiple Myeloma Research Foundation. (Source: Bloomberg)

Video: Strategist Ira Jersey on Greek Crisis, ECB Policy

Thu, 09 Feb 2012 12:32:29 +0000

Feb. 9 (Bloomberg) -- Ira Jersey, an interest-rate strategist at Credit Suisse in New York, talks about the Greek debt crisis and the European Central Bank and Bank of England monetary policies. Jersey speaks with Sara Eisen on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Video: Gazit-Globe, Delek Drilling Stocks; Israel Strikes

Thu, 09 Feb 2012 12:22:37 +0000

Feb. 9 (Bloomberg) -- Idan Azulay, chief investment officer at Epsilon Investment House Ltd., discusses strikes in Israel and his recommendation for stocks including Gazit-Globe Ltd. and Delek Drilling-LP. He speaks from Tel Aviv with Maryam Nemazee on Bloomberg Television's "The Pulse."

Video: Daimler on Right Path to Take Market Share Lead

Thu, 09 Feb 2012 11:42:55 +0000

Feb. 9 (Bloomberg) -- Dieter Zetsche, chief executive officer of Daimler AG, says the maker of Mercedes-Benz is "heading in a very good direction" of retaking the lead in the luxury-car market. Maryam Nemazee reports on Bloomberg Television's "The Pulse." (

Video: Foreclosure Accord Nears Completion; Stocks Rise

Thu, 09 Feb 2012 10:56:34 +0000

Feb. 9 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg)

Video: Publicis Can `Maintain' 16% Margin in 2012

Thu, 09 Feb 2012 09:21:35 +0000

Feb. 9 (Bloomberg) -- Maurice Levy, chief executive officer of Publicis Groupe SA, says the company can "maintain" its 16 percent operating margin in 2012. France's largest advertising agency reported 2011 revenue growth that beat analyst estimates after selling more digital ads and expanding into faster-growing markets outside Europe. Owen Thomas reports on Bloomberg Television's "On the Move."

Video: .

Thu, 09 Feb 2012 08:31:59 +0000

Video: Greek Bailout Talks Stalled on Pension Dispute

Thu, 09 Feb 2012 07:23:33 +0000

Feb. 9 (Bloomberg) -- Greek negotiations to secure a 130 billion-euro ($172 bullion) rescue package stalled earlier this morning as Prime Minister Lucas Papademos and other leaders failed to resolve a dispute over pension cuts. David Tweed reports on Bloomberg Television's "Countdown" with Linzie Janis.

Video: Xie Says China's Emerging Economy Can't Be `Fine Tuned'

Thu, 09 Feb 2012 05:24:14 +0000

Feb. 9 (Bloomberg) -- Andy Xie, former Morgan Stanley chief Asia-Pacific economist, talks about the outlook for China's economy and central bank monetary policy. Xie also discusses Europe's debt crisis. He speaks in Hong Kong with Susan Li, John Dawson, Zeb Eckert and Mia Saini on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

Video: Barclays Capital's Yang Says Lenovo `Best of the Best'

Thu, 09 Feb 2012 04:30:54 +0000

Feb. 9 (Bloomberg) -- Kirk Yang, an analyst at Barclays Capital in Hong Kong, talks about Lenovo Group Ltd.'s financial results and business outlook. Lenovo, the world’s second-biggest maker of personal computers, posted a 54 percent increase in third-quarter profit as orders for office computers jumped and acquisitions in Germany and Japan boosted sales. Yang speaks with John Dawson on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

Video: Harbison Expects `Challenging' Year for Asia Aviation

Thu, 09 Feb 2012 03:59:33 +0000

Feb. 9 (Bloomberg) -- Peter Harbison, executive chairman at Sydney-based CAPA Centre for Aviation, talks about the outlook for the global aviation industry. Airlines were ordered to inspect all operating Airbus SAS A380 aircraft, as Europe’s air safety regulator escalates required checks after the wings of the double-decker superjumbo developed cracks. Harbison speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: Expats Say China's New Mortgage Rules Too Restrictive

Thu, 09 Feb 2012 03:25:08 +0000

Feb. 9 (Bloomberg) -- China said last week it will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices. Bloomberg's Stephen Engle reports from Beijing on the potential impact this new regulation may have on expatriates who call the country home. (Source: Bloomberg)

Video: Yang Says China Inflation May Fall to 2% in Mid-2012

Thu, 09 Feb 2012 03:12:33 +0000

Feb. 9 (Bloomberg) -- Joy Yang, chief economist for greater China at Mirae Asset Securities (HK) Ltd., talks about China's economy and central bank monetary policy. China’s inflation unexpectedly rebounded in January as a weeklong holiday boosted spending and food-price gains accelerated. Yang speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: UBS's Wang Expects Downward Trend in China's Inflation

Thu, 09 Feb 2012 02:50:34 +0000

Feb. 9 (Bloomberg) -- Tao Wang, China economist at UBS AG, talks about the nation's economy and central bank monetary policy. China’s inflation unexpectedly rebounded in January as a weeklong holiday boosted spending and food-price gains accelerated. Wang speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: Cochran Says Korea Economy `Vulnerable' to Euro Crisis

Thu, 09 Feb 2012 02:41:03 +0000

Feb. 9 (Bloomberg) -- Shaun Cochran, head of Korea research at CLSA in Seoul, talks about the impact of Europe's debt crisis on South Korea's central bank monetary policy, economy. The Bank of Korea held off raising borrowing costs for an eighth straight month as the economy slowed and exports declined due to the European debt crisis. Cochran speaks with John Dawson on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Video: Vevo's Caraeff Says $1 Billion in Ad Sales Attainable

Thu, 09 Feb 2012 01:32:44 +0000

Feb. 8 (Bloomberg) -- Rio Caraeff, chief executive officer at Vevo LLC, talks about the outlook for advertising sales at the online music-video website. Caraeff also discusses Vevo's relationship with Facebook Inc. and television strategy. He speaks with Jon Erlichman on Bloomberg Television's "Bloomberg West." Bloomberg's Emily Chang also speaks. (Source: Bloomberg)

Video: Buchanan Expects `Ongoing Decline' in China's Inflation

Thu, 09 Feb 2012 01:29:38 +0000

Feb. 9 (Bloomberg) -- Michael Buchanan, chief Asia-Pacific economist at Goldman Sachs Group Inc. in Hong Kong, who previously worked at the International Monetary Fund, talks about China's economy. China is scheduled to report the nation’s inflation rate in January today. Buchanan also discusses European economies. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)