Bloomberg News

Type: Publisher

Name: Bloomberg News

First reported 16 mins ago - Updated 16 mins ago - 1 reports

Sales of existing US homes climb to 2009 high

Written by Bloomberg NewsSALES of previously owned US homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules.Purchases of existing houses increased ... [Published Business Mirror - 16 mins ago]

Entities: Ben Bernanke, National Association of Realtors, Brian Jones

First reported 17 mins ago - Updated 17 mins ago - 1 reports

Manufacturing

Oil Slides Below $93 a Barrel

Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported. ... [Published Transport Topics - 17 mins ago]

Entities: Manufacturing

First reported 12 hours ago - Updated 59 mins ago - 3 reports

HSBC Holdings plc

China Manufacturing Unexpectedly Contracts in Blow to Growth

China’s manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter.The preliminary reading of 49.6 for a Purchasing Managers’ Index (EC11FLAS) released today by HSBC ... [Published GulfBase - 9 hours ago]

Entities: Manufacturing, China, Markit Economics, HSBC Holdings plc, Li Keqiang

First reported 17 hours ago - Updated 1 hour ago - 2 reports

Target Corporation

Stocks drop on worries about Fed

U.S. stocks fell Wednesday, with benchmark indexes retreating from record highs, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.All 10 industries in the Standard & Poor’s 500 Index ... [Published Worcester Telegram & Gazette - 1 hour ago]

Entities: Target Corporation, Saks Incorporated, Index

First reported 1 hour ago - Updated 1 hour ago - 1 reports

Employment and Training Administration

Jobless Claims Drop, But Stay In Recent Range

There were 340,000 first-time claims for unemployment insurance last week, down 23,000 from the week before, the Employment and Training Administration reports.The decline follows something of a spike. But in reality, the drop just means that claims continue ... [Published WVPE 88.1 - 1 hour ago]

Entities: Employment and Training Administration, Unemployment Insurance, Sustainment

First reported 4 hours ago - Updated 4 hours ago - 1 reports

News Corporation

Bloomberg's 'Spygate' Marks Murdoch's Latest Salvo

NEW YORK (TheStreet) - It's been 13 days since The New York Post's Mark DeCambre broke the news that Bloomberg reporters were using proprietary information from the company's terminals to write about investment bankers, including those at Goldman Sachs ... [Published Bastrop Daily Enterprise - 4 hours ago]

Entities: Salvo, News Corporation, Rupert Murdoch, Michael Bloomberg

First reported 6 hours ago - Updated 5 hours ago - 2 reports

European Central Bank

Euro-Area Services, Factory Output Rises More Than Estimated

May 23 (Bloomberg) -- Euro-area services and factory output increased more than economists forecast in May, adding to signs the currency union may emerge from its record-long recession in the second quarter.A composite index based on a survey of purchasing ... [Published La Repubblica - 5 hours ago]

Entities: European Central Bank, Recession, Markit Group Ltd, Patrick Henry Jones, PMI

First reported 6 hours ago - Updated 6 hours ago - 1 reports

Equatorial Guinea Keeps Zafiro Crude Exports Stable for July

Equatorial Guinea plans to keep exports of its Zafiro crude unchanged in July at three cargoes of 1 million barrels each, according to a loading program obtained by Bloomberg News.Loading programs are monthly schedules of crude shipments compiled by field ... [Published Hellenic Shipping News Worldwide - 6 hours ago]

Entities: Equatorial Guinea, Ceiba

First reported May 22 2013 - Updated May 22 2013 - 2 reports

Asian Stocks Advance as BOJ Maintains Easing Pledge; Oil Falls

May 22 (Bloomberg) -- Asian stocks rose to the highest in five years led by Japanese equities, after the Bank of Japan maintained its easing plan and before Federal Reserve Chairman Ben S. Bernanke’s testimony on the economy. Oil declined.The MSCI Asia ... [Published La Repubblica - May 22 2013]

Entities: Bank of Japan, Oil Prices Lower, Topix, Sojitz Corp

First reported May 21 2013 - Updated May 21 2013 - 2 reports

US Senate accuses Apple of avoiding $9B in US taxes using offshore affiliates

Apple says it 'does not use tax gimmicks' to avoid taxes.EnlargeApple CEO Tim Cook speaks at an Apple special event at the California Theater in San Jose, Calif., on Oct. 23, 2012. (Kevork Djansezian/AFP/)The US Senate Permanent Subcommittee on Investigations ... [Published GlobalPost - May 21 2013]

Entities: Apple Inc, Taxes, US Senate, Tim Cook, Ireland

First reported May 21 2013 - Updated May 21 2013 - 2 reports

Shell Sells Forties; Qua Iboe Crude Exports at 16-Month High

Royal Dutch Shell Plc (RDSA) sold a second cargo of North Sea Forties crude in as many days as the price fell to the lowest in 11 days.Nigeria plans to increase exports of its benchmark Qua Iboe grade in July to the highest in 16 months, according to ... [Published BusinessWeek - May 21 2013]

Entities: Royal Dutch Shell Plc, Platts, Vitol Group, Nigeria

First reported May 21 2013 - Updated May 21 2013 - 1 reports

ICYMI, Bloomberg News on our renewable investment plans in Japan: http://t.co/7YGOIOYH4g

ICYMI, Bloomberg News on our renewable investment plans in Japan: http://t.co/7YGOIOYH4g ... [Published Goldman Sachs Twitter Account - May 21 2013]

Entities: Japan

Quotes

"U S companies are adversely affected by weak business and consumer demand across Europe," Brainard said. "Three years into the euro-area crisis, the risk of protracted stagnation represents one of the most important challenges to the global economic outlook."

Brainard Says Europe Needs Decisive Action Now to Spur Demand [Published BusinessWeek - 28 mins ago]

"We look at the valuation, does the acquisition add value to our business?" Wong said. "We obviously make sure that after buying the company that it will fully integrate into the Lenovo family so we will be able to leverage the full value of the asset that we acquire."

Lenovo Sees No Limit to Size for Acquisitions in Phones, Servers [Published BusinessWeek - 28 mins ago]

...they need to negotiate transactions, electronically execute and report trades using one, integrated platform," said Van Name, in a press statement. "Customer service is Bloomberg's utmost priority and our clients are increasingly looking to Bloomberg for innovative and efficient end-to-end solutions that provide exceptional value in today's challenging environment."

Bloomberg Releases FX Chat Tool To Meet Compliance Demands, Gain Efficiencies [Published Wall Street and Technology - 30 mins ago]

"If you find that infuriating, imagine how it must feel to have"

Government Offers Weak Defense of Bogus Study that Fueled Chinatown Bus Closings [Published REASON Online - 53 mins ago]

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Brainard Says Europe Needs Decisive Action Now ... [Published BusinessWeek - 28 mins ago]
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Blogs

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Government Offers Weak Defense of Bogus Study t... [Published Hit & Run - 1 hour ago] A 30-year-old man wearing only his underwear was lying in a fetal position in themiddle of a highway in Weirwood, Virginia, when a passenger busstruck and killed him. It was 1:30 in the morning. The bus belongedto a company called Virginia Seagull ...
HERBALIFE CEO: 'We've Had Some Mistakes Along T... [Published Clusterstock - 1 hour ago] Bloomberg News' Duane Stanford has a feature in the new issue of Bloomberg Businessweek where Herbalife CEO Michael Johnson refutes hedge fund manager Bill Ackman's claims that the company is a "pyramid scheme." For the piece, Bloomberg interviewed ...
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The BRIC Wall. [Published London Irvine Report - 7 hours ago] br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 829 - 01 LIR Gold Target by 2019: $30,000. Revised due to QE programs. “But it (the boom) could not last forever even if inflation and credit expansion were to go on endlessly. It would ...
Singapore’s Service Sector Driving Economic Growth [Published OANDA Forex Blog - 14 hours ago] Singapore’s economy unexpectedly expanded last quarter as services and construction strengthened, reducing pressure on the central bank to ease monetary policy to boost growth. Gross domestic product rose an annualized 1.8 percent in the three months ...

Audio/Video

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Oklahoma Tornado: On the Scene of Impact and Af... [Published Bloomberg - YouTube - May 21 2013]
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Press Releases

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