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Romney, Gingrich Deliver Final Arguments Florida - Bloomberg
The Romney campaign bought more than $1 million worth of advertising time to run it, according to a person familiar with the purchase who spoke on condition of anonymity. The NBC News legal department wrote a letter to Romney's campaign asking for the ...
News Corp. Journalists Arrested as UK Bribery Probe Spreads to The Sun - Bloomberg
The four arrested employees are The Sun's head of news Chris Pharo, crime editor Mike Sullivan, former deputy editor Fergus Shanahan and former managing editor Graham Dudman, according to two people familiar with the matter, who declined to be named ...
Citi to Cut Bonuses in Investment Bank About 30% - Bloomberg
Citigroup Inc. (C), the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average, according to a person briefed on the matter. Some businesses within the securities and banking unit had ...
Barnes & Noble Said to Be in Negotiations to Sell Nook Reader Outside U.S. - Bloomberg
The chain is developing a partnership with the UK's Waterstones Booksellers Ltd. to add the Nook to its locations this year, said the person, who declined to be identified because the talks are private. Closely held Waterstones, the largest bookstore ...
SEC Commissioners Said to Seek Larger Role in Choosing Next Watchdog - Bloomberg
Commissioners were recently presented the plan in which panels of senior SEC staff would rate, interview and suggest final candidates to succeed H. David Kotz, according to the people, who asked not to be named because the plans weren't public.
Citigroup Says Most Proprietary-Trading Employees to Leave as Desk Closed - Bloomberg
Shareholders' Funds Citigroup holds about $5 billion of shareholders' funds in internal private-equity and hedge funds, a person familiar with the matter said in May. The funds may also be subject to the proposed rule, named for former Federal Reserve ...
Eircom Said to Plan March Deadline in Final Effort to Find Buyer - Bloomberg
The Dublin-based company said in documents to its senior lenders that adviser Morgan Stanley (MS) is preparing for the sale process, said people familiar, who declined to be identified as the matter is private. Eircom spokesman Paul Bradley declined to ...
EMI Music Publishing Said to Set Rate on $1.05 Billion Loan - Bloomberg
The company is proposing to pay 4.75 percentage points more than the London interbank offered rate on the six-year debt and the lending benchmark will have a 1.25 percent floor, said the person, who declined to be identified because the terms are ...
Kenya Shilling Gains for 4th Day as Bank Fails to Attract Bids - Bloomberg
The central bank didn't get any bids for its 1 billion shillings ($11.7 million) of seven-day repurchase agreements, a central bank official, who declined to be named in line with the bank's policy, said in a phone interview from Nairobi today.
Banesto Cancels Fourth Interim Dividend After Real-Estate Charge - Bloomberg
Banesto, as the bank is known, won't be able to propose a fourth interim dividend at the next shareholders' meeting, according to a spokesman who declined to be named, citing company policy. Earlier today, a statement from the lender said it would pay ...
GM May Accelerate Opel Restructuring on Sales - Bloomberg
The people asked not to be identified because the planning was private. Klaus-Peter Martin, a GM spokesman, declined to comment on the plans. Opel, based in Ruesselsheim, Germany, lacks the cachet of Volkswagen and others in Europe and has been unable ...
Posco Said to Consider Lower Capacity at Planned India Plant - Bloomberg
The world's third-biggest steelmaker is looking to reduce the amount of land for the mill and iron ore mine project, said the people who declined to be identified because they aren't authorized to speak publicly. The plant size may be cut to 8 million ...
Greece Solution Still 'Open' as Debt Talks Resume: Ackermann - Bloomberg
The new 30-year bonds would carry an average coupon of about 4.25 percent, said the people, who declined to be identified because the talks are private. European finance ministers meeting in Brussels signaled they would push Greece's private investors ...
Ackermann Era Ends at Davos as Deutsche Bank Chief Cedes Power - Bloomberg
... director of the IIF, who was representing financial institutions holding Greek debt in talks in the Belgian capital, according to two people familiar with the conversations who asked not to be identified because the discussions were private.
Romney Seen Costing Private Equity as Pensions Warn of Backlash - Bloomberg
Public pensions are sensitive to protracted debates about managers' compensation and whether buyouts create value and jobs, because they must answer to ordinary workers, said one official, who asked not to be named because he wasn't authorized to speak ...
New York Times Co. Faces Leadership Vacuum - Bloomberg
Times Co. is looking for a non-family member to be CEO, making it unlikely the 62-year-old Golden will take on that role, said two people familiar with the matter. Robinson will receive an exit package totaling more than $21 million, ...
Blackstone Said to Seek Debt in Bid to Take Over Chicago's Hancock Tower - Bloomberg
Blackstone, based in New York, is close to completing a deal to buy $100 million of mezzanine debt on John Hancock Center so it can try to take control of the tower, according to people with knowledge of the situation who declined to be named because ...
Thirty-Five Pounds of Cocaine From Mexico Turn Up in UN Mailroom - Bloomberg
Two forged diplomatic pouches containing a total of 35 pounds (16 kilos) of cocaine were delivered last week to the UN headquarters building in New York, according to a UN official speaking on condition of anonymity. The packages, delivered to the mail ...
Peru's Camposol Selling Five-Year Bonds to Yield 10% - Bloomberg
The company will price the securities today, said the person, who asked not to be identified because terms aren't set. Credit Suisse Group AG and Banco Santander SA are managing the sale. To contact the reporter on this story: Veronica Navarro Espinosa ...
Former Merrill Lynch Broker in Einhorn Insider Case Said to Face U.K. Fine - Bloomberg
s Merrill Lynch, facing an investigation over inside information given to Greenlight Capital Inc. Chairman David Einhorn, may be fined 350000 pounds ($550000) by the UK finance regulator, a person familiar with the matter said.
Apax Said to Plan $1.5 Billion in Financing for Orange Switzerland Buyout - Bloomberg
The financing includes 225 million francs of term loan A, 400 million francs of term loan B, 100 million francs of revolving credit and 125 million francs of credit facility for capital expenditure, said the people, who declined to be identified ...
Braskem to Sell $250 Million of 2021 Bonds to Yield 5.8% - Bloomberg
Braskem SA, Latin America's biggest petrochemicals maker, plans to sell $250 million more of its global dollar bonds due in 2021, according to a person familiar with the plan. The bonds may yield about 5.8 percent and will be sold today, ...
Peru's Cofide Hires Banks to Set Up Meetings With Bond Investors - Bloomberg
Corporacion Financiera de Desarollo SA, Peru's state development bank, hired Deutsche Bank AG and JPMorgan Chase & Co. to arrange meetings with bond investors, according to a person familiar with the discussions. Cofide, as the bank is known, ...
Cable Carrier WaveDivision Said to Explore Sale That May Fetch $1 Billion - Bloomberg
Royal Bank of Canada and Waller Capital Corp., a New York- based investment bank, are advising on the process, said the person, who declined to be identified as deliberations are private. The possible value of the transaction is based on previous deals ...
Foreclosure-Ridden Florida Waits to Hear What Republicans Plan for Housing - Bloomberg
... Eating It The settlement, triggered by disclosures that the companies were using faulty documents in seizing homes, would fund principal writedowns for homeowners and provide refinancing, a person familiar with the matter told Bloomberg News.