Publication: Bloomberg

First reported 4 hours ago - Updated 4 mins ago - 3 reports

Markets Got Bernanke's Message

Ben Bernanke's comments today gave every indication that the Federal Reserve will keep monetary stimulus going for a long time. If its economic projections prove correct, it won’t take its foot off the gas pedal by stopping new bond purchases until mid-2014. ... [Published Bloomberg - 54 mins ago]

Entities: Ben Bernanke, Federal Reserve System, Unemployment Rate, Sequestration, Dow Jones Industrial Average

First reported Jun 18 2013 - Updated 3 hours ago - 2 reports

John Kerry

Goldberg: Why John Kerry Wants to Strike Syria

Yesterday, shortly after I posted a column on Secretary of State John Kerry’s push to have the White House approve U.S. strikes on Syrian airfields -- and how Joint Chiefs of Staff Chairman Martin Dempsey pushed back strongly against the idea -- I heard ... [Published Bloomberg - 6 hours ago]

Entities: John Kerry, Jeffrey Goldberg, Syria, Martin Dempsey, Chemical Weapon

First reported 19 hours ago - Updated 4 hours ago - 2 reports

Sony Corporation

Sony Rides Win Streak on Loeb Proposal, PS4 Into Meeting

Sony Corp. (6758) goes into its annual meeting with shareholders today riding a winning streak.The stock is up 7.4 percent since Third Point LLC founder Daniel Loeb proposed an initial public offering of the company’s music and movie assets last month. ... [Published Bloomberg - 6 hours ago]

Entities: Sony Corporation, Third Point LLC, Dell Streak

First reported Jun 18 2013 - Updated 5 hours ago - 2 reports

Total SA

Total Buys Forties Crude; Urals Retreats From 10-Month High

Total SA (FP) bought North Sea Forties crude within the same price range as previous trades. No bids or offers were made for Russian Urals for a second day even after the grade fell from yesterday’s 10-month high in Northwest Europe.Forties cargo F0701 ... [Published Bloomberg - 5 hours ago]

Entities: Total SA, Platts, BP plc

First reported Jun 18 2013 - Updated 8 hours ago - 2 reports

Jeffrey Katzenberg

DreamWorks Animation’s Katzenberg Says TV to Add $100 Million in Revenue

DreamWorks Animation SKG Inc. (DWA), maker of the “Madagascar” movies, will generate $100 million in TV production revenue this year, Chief Executive Officer Jeffrey Katzenberg said, lessening the company’s dependence on films.That amount will increase ... [Published Bloomberg - 10 hours ago]

Entities: Jeffrey Katzenberg, DreamWorks Animation SKG Inc, Netflix Inc, F A/S, Glendale (California, United States)

First reported Jun 18 2013 - Updated 10 hours ago - 2 reports

Heat Forecast Next Week for Large U.S., Canadian Cities

Most of the U.S. and southern Canada will start next week with higher-than-normal temperatures, including some of the largest cities in both countries, said Matt Rogers, president of Commodity Weather Group LLC.From California to the U.S. Northeast, including ... [Published Bloomberg - 10 hours ago]

Entities: Matt Rogers, United States, New York City, Gaithersburg (United States), Chicago

First reported Jun 18 2013 - Updated 12 hours ago - 2 reports

Moscow Interbank Currency Exchange

Russia Stocks Drop 1st Time in 4 Days as Fed Weighs on Outflows

The Micex Index (INDEXCF) fell for the first time in four days on investor concern the Federal Reserve may signal a faster-than-expected tapering of U.S. financial stimulus, while Russia’s central bank chairman warned of “abnormally high” capital out ... [Published Bloomberg - 12 hours ago]

Entities: Moscow Interbank Currency Exchange, Russia, Index

First reported 22 hours ago - Updated 12 hours ago - 3 reports

Swiss Stocks Decline Before Fed Statement on Stimulus

Stocks in Switzerland dropped, reversing earlier gains, as investors awaited the outcome of the Federal Reserve meeting for signals on stimulus measures.Adecco SA (ADEN), Novartis AG (NOVN) and Credit Suisse Group AG led declining shares on the benchmark ... [Published Bloomberg - 14 hours ago]

Entities: Stocks, Ben Bernanke, Adecco SA, Federal Open Market Committee, Index

First reported Jun 18 2013 - Updated Jun 18 2013 - 3 reports

Sumatra Forest Fires Cause Worst Singapore Smog for 16 Years

Forest fires on the Indonesian island of Sumatra shrouded Singapore and Malaysia in smog for a fifth day, leading to an advisory asking people to stay indoors.Singapore’s National Environment Agency said its pollution index eased to a “moderate” 82 by ... [Published Bloomberg - Jun 18 2013]

Entities: Smog, Singapore, Forest Fires

First reported Jun 17 2013 - Updated Jun 18 2013 - 3 reports

China Home-Price Gains Add to Dilemma on Cash Crunch: Economy

Chinese property prices rose at the fastest pace in more than two years in major cities, defying tougher government curbs and constraining the ability of policy makers to ease credit in response to weakening economic growth.New home prices in Beijing, ... [Published Bloomberg - Jun 18 2013]

Entities: China, Shanghai, Tianjin, Beijing

First reported Jun 17 2013 - Updated Jun 18 2013 - 4 reports

Stock Futures in Hong Kong, Australia Rise; Japan Futures Fall

Stock futures in Hong Kong and Australia rose as the Federal Reserve begins a two-day policy meeting and a report showed U.S. homebuilder confidence soared to a seven-year high. Japanese equity futures declined.American Depositary Receipts of BHP Billiton ... [Published Bloomberg - Jun 18 2013]

Entities: Hong Kong, Futures, Index, Australia, Japan

First reported Jun 17 2013 - Updated Jun 17 2013 - 7 reports

Portuguese, Irish Bonds Advance as Investors Await Fed Meeting

Portuguese bonds rose for a second day as investors bet Federal Reserve Chairman Ben S. Bernanke will seek to ease concern a reduction of debt buying will roil financial markets.Irish bonds advanced for a fourth session as investors sought out higher-yielding ... [Published Bloomberg - Jun 17 2013]

Entities: Federal Reserve System, ING Bank NV, Open Market Inc

Quotes

...So much so, in fact, that he dissented in today's monetary policy announcement from the Federal Open Market Committee. Bullard believes that "the committee should signal more strongly its willingness to defend its inflation goal in light of recent low inflation readings" according to the press release

Soltas: Four Reasons Inflation Is Too Low$ [Published Bloomberg - 1 hour ago]

"`We remain firmly committed to meeting the standards established by the National Mortgage Settlement and we will continue to improve our services for customers," Eshet said."

Banks’ Efforts to Fix Loan Servicing Are Insufficient, Court Monitor Says [Published Bloomberg - 9 hours ago]

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