Google News
BloombergSubaru Made in Japan Defies Trend as Fuji Lifts OutputBloombergFuji Heavy Industries Ltd. (7270) is making a contrarian bet: The maker of Subaru cars is cranking up domestic manufacturing at a time other Japanese automakers are expanding overseas to escape the strong yen. The carmaker said this month it plans to ...and more »
24 May 2012 | 4:24 pm
BloombergU.S. Stock Futures Slide; CBO Warns of Possible RecessionBloombergFacebook Inc. (FB) increased 3.2 percent after losing 19 percent in the previous two days. Dell Inc. (DELL) tumbled 17 percent, the most since 2000, amid a disappointing revenue forecast. Hewlett- Packard Co. rallied 10 percent at 5:02 pm New York time ...and more »
23 May 2012 | 3:07 am
Investors Pummel FacebookWall Street JournalPhoto: Bloomberg. Criticism of the Facebook Inc. stock deal grew as the shares dropped below their offering price in their first full day of trading Monday, wiping $11.5 billion off the social network's market value. The company, its investment bankers ...and more »
21 May 2012 | 11:36 pm
BloombergShale Glut Means $1-a-Gallon Savings at the PumpBloombergTomohiro Ohsumi/Bloomberg A liquefied natural gas (LNG) tanker operated by Energy Advance Co., a unit of Tokyo Gas Co., is moored at the company's Sodegaura plant in Sodegaura City, Chiba Prefecture, Japan, on Thursday, March 22, 2012.and more »
21 May 2012 | 4:17 pm
BloombergMeda Cash Flow Invites Pipeline Deal at 95% Discount: Real M&ABloombergAs of yesterday, the $2.78 billion company was trading at 5.4 times its projected cash flow in 2013, cheaper than 95 percent of specialty drug companies with market values larger than $1 billion, according to data compiled by Bloomberg.and more »
21 May 2012 | 4:13 pm
BloombergHealth Bargain Hunters Use Websites to Cut Doctor BillsBloombergOn May 1, the company announced it raised $100 million from investors. Other sites such as HealthcareBlueBook.com, ClearCost Health and Change Healthcare Corp. help employers identify less costly doctors and providers for their workers.and more »
20 May 2012 | 9:08 pm
BloombergTreasury Yield Close to Record Low on Europe Debt CrisisBloombergThe 10-year yield rose two basis points, or 0.02 percentage point, to 1.74 percent at 4:59 pm in New York, Bloomberg Bond Trader prices show. The 1.75 percent note due in May 2022 fell 5/32, or $1.56 per $1000 face amount, to 100 2/32.
20 May 2012 | 6:51 pm
BMC Buys Time as Sale Push Lifts Stock Most Since '08: Real M&ABloombergThrivent, which oversaw $75.8 billion as of February, owned BMC shares as of March 31, a regulatory filing showed. 'Stockholder-Unfriendly Entrenchment' On May 14, Houston-based BMC said Elliott had amassed a more than 5 percent stake and would seek ...and more »
18 May 2012 | 7:08 am
BloombergGraff Diamonds Said to Consider Seeking Prada-Like IPO ValuationBloombergGraff may offer its shares in a range of 18 to 24 times estimated 2012 earnings, or HK$25 to HK$37 each, to raise as much as $1 billion, three people with knowledge of the matter yesterday. About $850 million of the funds raised will go to Graff, ...and more »
17 May 2012 | 8:22 pm
BloombergMoney Managers Missing Rally Dump Bearish Bets Most Since 2008Bloomberg“For the professional side, stocks look pretty compelling,” David Goerz, chief investment officer at Highmark Capital Management Inc., said in a telephone interview from San Francisco on May 9. His firm oversees about $17 billion.and more »
14 May 2012 | 12:03 am