Bloomberg

Video: Investors Still Bullish on Emerging Markets Despite Drop: Video

Tue, 09 Feb 2010 12:00:34 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports on the outlook for investments in emerging markets. Mike McKee also speaks. (Source: Bloomberg)

Video: De Garis Sees Australian Dollar Parity With U.S. in 2010

Tue, 09 Feb 2010 11:54:10 +0000

Feb. 9 (Bloomberg) -- David de Garis, a senior economist at National Australia Bank Ltd., talks with Bloomberg's Judith Bogner about the outlook for the Australian dollar. De Garis, speaking in Sydney, also discusses Reserve Bank of Australia monetary policy and European Central Bank President Jean-Claude Trichet's decision to leave a central bank conference in Sydney a day early to attend a European Union summit.

Video: JAL Boosts American Ties; Ford-Geely Volvo Deal Delayed: Video

Tue, 09 Feb 2010 11:54:05 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Vonnie Quinn reports on the latest breaking business news and top stories in today's Business Briefs. (Source: Bloomberg)

Video: U.S. Would Be a Prime Borrower Under Fico Guidelines: Video

Tue, 09 Feb 2010 11:44:45 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Sara Eisen reports on where the U.S. would stand if it was assigned a standard credit score. (Source: Bloomberg)

Video: Monster's Bertone Sees Recovery in U.K. Jobs Market

Tue, 09 Feb 2010 11:19:20 +0000

Feb. 9 (Bloomberg) -- Andrea Bertone, head of Monster Europe, talks with Bloomberg's Andrea Catherwood about the Monster Employment Index and the outlook for job creation.

Video: Lawsuits Raise Toyota Recall Cost; Apple Drops Macworld: Video

Tue, 09 Feb 2010 10:40:52 +0000

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

Video: CCLA's Bevan Recommends U.S. Engineering Stocks, Reckitt

Tue, 09 Feb 2010 09:37:45 +0000

Feb. 9 (Bloomberg) -- James Bevan, chief investment officer at CCLA Investment Management, talks about the impact of European sovereign debt concerns on equity valuations. Speaking in London with Bloomberg's Francine Lacqua, Bevan also discusses the Church of England's ethical investment strategy.

Video: Sri Lanka’s Cabraal Doubts Arrest Will Dent Confidence

Tue, 09 Feb 2010 09:34:32 +0000

Feb. 9 (Bloomberg) -- Nivard Cabraal, Sri Lanka’s central bank governor, talks with Bloomberg's Maryam Nemazee about the country's investment climate and the arrest of the opposition candidate defeated in last month's presidential election. The Defense Ministry said yesterday General Sarath Fonseka had been arrested on military offenses. Fonseka, who fell out with President Mahinda Rajapaksa after he was moved to a ceremonial post, commanded the army when it defeated the Tamil Tiger separatists in May to end a 30-year conflict.

Video: Greece Plans Crackdown on Tax Evaders to Trim Deficit

Tue, 09 Feb 2010 09:28:08 +0000

Feb. 9 (Bloomberg) -- Bloomberg's David Tweed reports from Athens on efforts to quell tax evasion as part of a strategy to cut Greece's budget deficit. Finance Minister George Papaconstantinou may this week unveil an overhaul of Greece’s tax system that includes expanding the number of earners subject to the top 40 percent levy. Bloomberg's Maryam Nemazee also speaks.

Video: Church of England Sells Vedanta Stock Over Human Rights

Tue, 09 Feb 2010 08:56:26 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Elliott Gotkine reports on the Church of England's decision to sell its shares in Vedanta Resources Plc. The church's Ethical Investment Advisory Group said the mining company hasn't shown enough respect for the human rights of people living close to an alumina refinery and proposed mine in India. Bloomberg's Maryam Nemazee also speaks.

Video: JPMorgan's Piron Sees More Bets on Euro Extending Fall

Tue, 09 Feb 2010 07:37:22 +0000

Feb. 9 (Bloomberg) -- Claudio Piron, head of Asia currency research at JPMorgan Chase & Co., talks about speculation in the euro on concern budget deficits in Greece and other European nations will hamper the region’s economic growth. Piron speaks with Bloomberg's Judith Bogner from Singapore.

Video: BOC International's Lok Discusses Hong Kong Stocks: Video

Tue, 09 Feb 2010 05:20:14 +0000

Feb. 9 (Bloomberg) -- Anthony Lok, Hong Kong-based head of research at BOC International Holdings Ltd., talks with Bloomberg's Susan Li about his investment strategy for Hong Kong stocks. (Source: Bloomberg)

Video: Exane BNP's Nabarro Discusses European Stocks, Strategy: Video

Tue, 09 Feb 2010 03:48:36 +0000

Feb. 9 (Bloomberg) -- Willem-Mark Nabarro, head of European equities at Exane BNP Paribas Ltd., talks with Bloomberg's Susan Li about his investment strategy for European stocks. (This is an excerpt of the full interview. Source: Bloomberg)

Video: GM India Partner Reva Bets on Energy Management System: Video

Tue, 09 Feb 2010 01:45:29 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Jason Bellini reports on Reva Electric Car Co.'s plans to manufacture electric vehicles. The closely-held Indian automaker is developing an electric vehicle with GM. Reva plans to set up four overseas automaker ventures that may be profitable building as few as 5,000 cars a year. (Source: Bloomberg)

Video: Miringoff Sees Obama Rating Hit by Health Care Gridlock: Video

Tue, 09 Feb 2010 01:29:32 +0000

Feb. 9 (Bloomberg) -- Lee M. Miringoff, the director of Poughkeepsie, New York-based Marist College’s Marist Institute of Public Opinion, talks with Bloomberg's Susan Li about President Barack Obama's approval rating. The Marist Poll found that 57 percent of independent voters have a negative view of Obama’s job performance, up from 44 percent in a Dec. 8 survey. (Source: Bloomberg)

Video: Toyota Recalls, JAL Bankruptcy Damage Japan's Reputation: Video

Tue, 09 Feb 2010 00:54:54 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Mike Firn reports on the state of corporate management in Japan. Toyota Motor Corp.'s recalls and Japan Airlines Corp.'s bankruptcy have damaged the country's reputation for reliability. (Source: Bloomberg)

Video: Thornburg's Remily Discusses Coca-Cola, BP Outlook: Video

Tue, 09 Feb 2010 00:51:48 +0000

Feb. 8 (Bloomberg) -- Cliff Remily, a portfolio manager at Thornburg Investment, talks with Bloomberg's Pimm Fox about the outlook for Coca-Cola Co. and BP Plc. Remily says Coca-Cola's most attractive growth comes from emerging markets. (This is an excerpt from the full interview. Source: Bloomberg)

Video: Fukoku's Sakurai Says Nissan Has `Edge' Over Toyota: Video

Tue, 09 Feb 2010 00:32:49 +0000

Feb. 9 (Bloomberg) -- Yuuki Sakurai, chief executive officer of Fukoku Capital Management Inc., talks with Bloomberg's Susan Li and Mike Firn about the impact of Toyota Motor Corp.'s vehicle recalls on Nissan Motor Co. Sakurai also discusses his investment strategy for Toyota shares. (Source: Bloomberg)

Video: Google Asks China Search Engine to Stop Using Its Logo: Video

Tue, 09 Feb 2010 00:19:53 +0000

Feb. 9 (Bloomberg) -- Bloomberg's Stephen Engle reports on Goojje.com, a search engine operator in China which Google Inc. says is using its logo without authorization. A letter has been sent to the operator of the Goojje.com Web site asking for the practice to be stopped, a Tokyo-based spokeswoman for Google said in an e-mail yesterday. Google's move comes as it holds talks with Chinese authorities on its plan to offer uncensored search results after saying it was the target of cyber attacks originating from the country. (Source: Bloomberg)

Video: Sodexo's Landel Sees Growth in Elderly Services Market: Video

Tue, 09 Feb 2010 00:16:42 +0000

Feb. 8 (Bloomberg) -- Michel Landel, chief executive officer of Sodexo, talks with Bloomberg's Pimm Fox about his company's strategy in the field of services for elderly people. Landel also discusses the outlook for services for the U.S. Marine Corp. Sodexo is the world's second-largest catering company. (Source: Bloomberg)

Video: U.S. Stocks Retreat on Concerns About Europe Finances: Video

Mon, 08 Feb 2010 23:08:48 +0000

Feb. 8 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks slid and the Dow Jones Industrial Average closed below 10,000 for the first time since November amid concern that deteriorating European government finances will derail the economic recovery. (Source: Bloomberg)

Video: Enderle Says to Wait for Next Version of Apple's IPad: Video

Mon, 08 Feb 2010 23:08:44 +0000

Feb. 8 (Bloomberg) -- Rob Enderle, president of Enderle Group, talks with Bloomberg's Carol Massar and Matt Miller about Apple Inc.'s iPad tablet computer, its shortcomings and the outlook for future generations of the product. Apple unveiled the iPad at a company event last month. (Source: Bloomberg)

Video: David Malpass Discusses Labor Market, Fiscal Stimulus: Video

Mon, 08 Feb 2010 23:02:20 +0000

Feb. 8 (Bloomberg) -- David Malpass, president of Encima Global in New York, speaks about the outlook for the labor market and the effectiveness of fiscal stimulus. (This is an excerpt of the interview. Source: Bloomberg)

Video: Straszheim Sees `A Lot' of Chinese Investment in U.S.: Video

Mon, 08 Feb 2010 22:21:17 +0000

Feb. 8 (Bloomberg) -- Don Straszheim, senior managing director of China research at International Strategy & Investment Group, talks with Bloomberg's Matt Miller and Carol Massar about the Chinese government's investment in the U.S. China Investment Corp., a $300 billion sovereign wealth fund based in Beijing, filed its first quarterly disclosure on U.S. equity holdings, reporting that it owned stocks valued at $9.63 billion as of Dec. 31.(Source: Bloomberg)

Video: Barclays Capital's Knapp Discusses Outlook for Stocks: Video

Mon, 08 Feb 2010 21:15:20 +0000

Feb. 8 (Bloomberg) -- Barry Knapp, head of U.S. equity strategy at Barclays Capital, talks with Bloomberg Television about the outlook for stocks. (This report is an excerpt. Source: Bloomberg)

Video: Rubinstein Says Swiss Bank Secrecy a `Thing of the Past': Video

Mon, 08 Feb 2010 20:53:03 +0000

Feb. 8 (Bloomberg) -- Asher Rubinstein, a partner at Rubinstein & Rubinstein, talks with Bloomberg's Julie Hyman about Swiss banking secrecy. Rubinstein also discusses U.S. lawsuits against UBS AG. A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS AG accounts may prompt the U.S. to revive a lawsuit that shaped the IRS crackdown on offshore tax evasion. (Source: Bloomberg)

Video: Petrecca Says Snickers Had Best Super Bowl Ad: Video

Mon, 08 Feb 2010 19:49:39 +0000

Feb. 8 (Bloomberg) -- USA Today reporter Laura Petrecca talks with Bloomberg's Lori Rothman about the best and worst ads that aired during yesterday's Super Bowl. (Source: Bloomberg)

Video: Merk Says EU Economies to Be `Far More Robust' Than U.S.: Video

Mon, 08 Feb 2010 19:33:57 +0000

Feb. 8 (Bloomberg) -- Axel Merk, president of Merk Investments LLC, talks with Bloomberg's Lori Rothman about the outlook for the economies of European Union countries. Merk also discusses the outlook for the euro. (Source: Bloomberg)

Video: Merk Says EU Economies to Be `Far More Robust' Than U.S.: Video

Mon, 08 Feb 2010 19:33:57 +0000

Video: Starke Says CIT, Thain Have `Good Shot' at Succeeding: Video

Mon, 08 Feb 2010 19:24:09 +0000

Feb. 8 (Bloomberg) -- Kevin Starke, an analyst at CRT Capital Group LLC, talks with Bloomberg's Lori Rothman about the outlook for CIT Group Inc. after the company named John Thain as chairman and chief executive officer. Thain, the ousted chief of Merrill Lynch & Co., was named to lead CIT, the commercial lender that emerged from bankruptcy in December, after almost a four-month search for a replacement. (Source: Bloomberg)

Video: Womack Says Toyota Needs to Engage Public Over Recall: Video

Mon, 08 Feb 2010 18:52:41 +0000

Feb. 8 (Bloomberg) -- James Womack, chairman of the Lean Enterprise Institute, talks with Bloomberg’s Lori Rothman and Matt Miller about Toyota Motor Corp.’s handling of its vehicle recalls. Toyota will recall its 2010 model Prius hybrid car in Japan this week to repair a problem with the vehicle’s braking system, two people familiar with the matter said, adding to global recalls of almost 8 million autos for separate defects. (Source: Bloomberg)

Video: Red Star's Licamele Likes Ukraine Poultry Producer MHP: Video

Mon, 08 Feb 2010 18:39:50 +0000

Feb. 8 (Bloomberg) -- Scott Licamele, director of emerging-markets research at Red Star Asset Management LP, talks with Bloomberg's Margaret Brennan about his investment strategy in Ukraine stocks, including the country's biggest poultry producer MHP SA. Licamele also discusses the Ukraine presidential election and the outlook for the Vietnam markets. (Source: Bloomberg)

Video: Bay Crest's Bendixen Discusses Stock Market Risks: Video

Mon, 08 Feb 2010 18:33:37 +0000

Feb. 8 (Bloomberg) -- Christian Bendixen, director of technical research at Bay Crest Partners, talks with Bloomberg Television about the outlook for U.S. stocks and market risks. (This is an excerpt of the full interview. Source: Bloomberg)

Video: Campa Says He’s Confident About Spain's Public Finances: Video

Mon, 08 Feb 2010 18:14:29 +0000

Feb. 8 (Bloomberg) -- Spanish Deputy Finance Minister Jose Manuel Campa talks with Bloomberg's Francine Lacqua about investor concerns about the country's finances and the outlook for economic growth. Campa said today that Spain will take more steps to cut the budget deficit if economic growth falls short of government forecasts. (Source: Bloomberg)

Video: Brill Says Press+ Software Lets Publishers Levy Web Fees: Video

Mon, 08 Feb 2010 17:14:17 +0000

Feb. 8 (Bloomberg) -- Steven Brill, co-founder of Press+, talks with Bloomberg’s Margaret Brennan about the company's software which offers an online payment model to newspaper publishers allowing them to charge users for access to content. Brill also discusses the projected implications for the newspaper industry and the level of control by individual publishers. (Source: Bloomberg)

Video: Rendino Says U.S. Market Health Offset by Europe Concern: Video

Mon, 08 Feb 2010 16:51:35 +0000

Feb. 8 (Bloomberg) -- Kevin Rendino, who manages about $10 billion at BlackRock Inc., talks with Bloomberg's Margaret Brennan about factors affecting stocks, including the financial problems of Greece and other European nations. Rendino also discusses investment strategy. (Source: Bloomberg)

Video: Faber Says U.S. Would Be Rated Junk if It Were a Company: Video

Mon, 08 Feb 2010 16:38:42 +0000

Feb. 8 (Bloomberg) -- Marc Faber, publisher of the "Gloom, Boom & Doom Report," talks with Bloomberg's Margaret Brennan about U.S. government debt and the nation's top Aaa rating. Faber also discusses Federal Reserve policy, China's economy and the real estate market. (Source: Bloomberg)

Video: Gurwitz Says Equity Market `Nervous' Over Deficit Woes: Video

Mon, 08 Feb 2010 16:10:30 +0000

Feb. 8 (Bloomberg) -- Aaron Gurwitz, head of global investment strategy at Barclays Wealth, talks with Bloomberg's Betty Liu about the stock market and investor sentiment. Gurwitz also discusses the outlook for the Dow Jones Industrial Average. (Source: Bloomberg)

Video: Derek Rucker Says Google, Audi Had Best Super Bowl Ads: Video

Mon, 08 Feb 2010 15:54:54 +0000

Feb. 8 (Bloomberg) -- Derek Rucker, a professor at Northwestern University's Kellogg School of Business, talks with Bloomberg's Betty Liu and Adam Johnson about the best and worst television advertising during yesterday's Super Bowl. (Source: Bloomberg)

Video: Charles Calls CIT Hiring Thain a `Positive Development': Video

Mon, 08 Feb 2010 15:54:49 +0000

Feb. 8 (Bloomberg) -- Brian Charles, an analyst at RW Pressprich & Co., talks with Bloomberg's Betty Liu about CIT Group Inc.'s decision to hire former Merrill Lynch & Co. Chief Executive Officer John Thain to lead the commercial lender that emerged from bankruptcy in December. Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said yesterday in a statement. (Source: Bloomberg)

Video: Michael Price Says MFP Is `Long' Citigroup, BofA, Harris: Video

Mon, 08 Feb 2010 15:51:40 +0000

Feb. 8 (Bloomberg) -- Michael Price, managing director of MFP Investors LLC, talks with Bloomberg's Tom Keene and Ken Prewitt about his investment strategy. Price also discusses the outlook for banking industry consolidation and Kraft Foods Inc.'s planned takeover of Cadbury Plc. (This is an excerpt of the full interview. Source: Bloomberg)

Video: Wolkonowicz Says Brand Loyalty May Help Toyota Recover: Video

Mon, 08 Feb 2010 15:16:41 +0000

Feb. 8 (Bloomberg) -- John Wolkonowicz, senior auto analyst at IHS Global Insight, talks with Bloomberg's Betty Liu about Toyota Motor Corp.'s vehicle recalls.¶ Toyota will recall its 2010 model Prius hybrid car in Japan this week to repair a problem with the vehicle’s braking system, two people familiar¶ with the matter said, adding to global recalls of almost 8 million autos for separate defects. (Source: Bloomberg)

Video: Toyota Boosts Lobbying by Hiring Clinton-Linked Firm: Video

Mon, 08 Feb 2010 15:01:04 +0000

Feb. 8 (Bloomberg) -- Toyota Motor Corp., facing lawsuits and criticism surrounding its recall of millions of cars and a federal probe into a possible brake defect with its Prius hybrid, has boosted its Washington lobbying effort by hiring a firm with deep Democratic ties. Bloomberg's Lizzie O'Leary reports. (Source: Bloomberg)

Video: Black, Murray Discuss Electronic Readers, Publishing: Video

Mon, 08 Feb 2010 14:57:56 +0000

Feb. 8 (Bloomberg) -- Cathleen Black, president of Hearst Corp.'s magazine division, and Brian Murray, president and chief executive officer of HarperCollins Publishers LLC, talk with Bloomberg's Betty Liu about the impact of electronic readers on publishers. (This is an excerpt of the full interview. Source: Bloomberg)

Video: Egan Says John Thain Needs 2 to 3 Years to Rebuild CIT: Video

Mon, 08 Feb 2010 14:26:22 +0000

Feb, 8 (Bloomberg) -- Sean Egan, president of Egan-Jones Ratings Co., talks with Bloomberg's Jon Erlichman and Deirdre Bolton about CIT Group Inc.'s decision to name John Thain as chief executive officer. Egan also discusses Thain's performance while CEO of Merrill Lynch & Co. and the strategy needed to restore the profitability of CIT. (Source: Bloomberg)

Video: Jason Vines Expects Toyota's Problems to Get `Uglier': Video

Mon, 08 Feb 2010 14:01:34 +0000

Feb. 8 (Bloomberg) -- Jason Vines, a former vice president of pubic affairs at Ford Motor Co., talks with Bloomberg's Deirdre Bolton and Jon Erlichman about the performance of Toyota Motor Corp.'s management during the recall of millions of vehicles due to unintended acceleration. (Source: Bloomberg)

Video: Feinberg Discusses Wall Street Pay, Blankfein's Bonus: Video

Mon, 08 Feb 2010 13:58:28 +0000

Feb. 8 (Bloomberg) -- Kenneth Feinberg, the U.S. special master on executive compensation, talks with Bloomberg's Betty Liu about executive compensation at Wall Street firms and Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein's 2009 bonus. (This is an excerpt of the full interview. Source: Bloomberg)

Video: Levitt Says CIT Made `Good Call' Naming John Thain CEO: Video

Mon, 08 Feb 2010 13:39:33 +0000

Feb. 8 (Bloomberg) -- Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Jon Erlichman about CIT Group Inc.'s decision to name former Merrill Lynch & Co. chief John Thain as its new chairman and chief executive officer. Levitt also discusses Goldman Sachs Group Inc. CEO Lloyd Blankfein's $9 million all-stock bonus for 2009. Levitt, an adviser to the Carlyle Group and Goldman, is a board member of Bloomberg LP, parent company of Bloomberg News. (Source: Bloomberg)

Video: Mider Discusses Hershey Conflict Over Cadbury Talks: Video

Mon, 08 Feb 2010 13:39:28 +0000

Feb. 8 (Bloomberg) -- Bloomberg Reporter Zachary Mider talks with Bloomberg's Jon Erlichman and Deirdre Bolton about the conflict at Hershey Co. between Chief Executive Officer David. J. West and Hershey Trust Co. President Robert Reese, that may have cost Hershey a chance to combine with Cadbury Plc. (Source: Bloomberg)

Video: Pearson Says `Speed' of Euro's Decline Is Surprising': Video

Mon, 08 Feb 2010 13:17:37 +0000

Feb. 8 (Bloomberg) -- Steven Pearson, head of G-10 currency strategy at Bank of America Merrill Lynch Global Research, talks with Bloomberg's Jon Erlichman and Deirdre Bolton about the performance of the euro. Pearson also discusses the role of the European Central Bank in the euro's movement, the U.K.'s sovereign debt and outlook for the British pound. (Source: Bloomberg)