http://www.clipsyndicate.com/rss/feed_home/1778 http://www.clipsyndicate.com/publish/video/637948/m_a_update_microsoft_willing_to_enter_talks_if_yahoo_replaces_board_and_ceo <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637948/m_a_update_microsoft_willing_to_enter_talks_if_yahoo_replaces_board_and_ceo?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/350006af-b389-4bb9-af79-dcc8afe251a3_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Reaction with Sachin Shah of ICAP Securities</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328923904" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328923904/m_a_update_microsoft_willing_to_enter_talks_if_yahoo_replaces_board_and_ceo Mon, 07 Jul 2008 13:31:00 +0000 M&A Update: Microsoft Willing to Enter Talks if Yahoo Replaces Board and CEO http://www.clipsyndicate.com/publish/video/637948/m_a_update_microsoft_willing_to_enter_talks_if_yahoo_replaces_board_and_ceo?cpt=8&wpid=0 Bloomberg-Clip let us talk more about the deal -- a possible deal, i shall say. at this moment, marcus office saying they would be willing to go back to yahoo! if there were a new board. we have talked a little bit about this -- good morning -- we have talked a little bit about this deal on the program. what do you make of this today? conaway one, two points. >> we think today's response is so much -- somewhat of a checkmate move, the current yahoo! management and board has to decide how to get back into the good graces of microsoft. > ok. how likely would this -- paint the picture for us. how likely could this happen? the new board going back with microsoft. as we had been talking about in the break, it is not exactly a complete new board. just changing five members around. >> there are currently nine board members for election. basically up to five without having a change of control. basically we think this is somewhat of a negotiation ploy for microsoft as well as carl icahn to get current management on board, because at the end of the day, they need your gang because he is also on the board of alibaba.com. the full merger, a full acquisition of yahoo!, if not work to a court -- to occur, they need jerry yang. basically this is more than a warning shot. you want to do a deal with us while you are currently in your possession, you need to talk to us and let us do a deal right now before a new election occurs on august 1. >> if that is the case, bob, carl icahn is saying the new board should replace jerry yang. >> replace him as a ceo as potentially replace him as director. i think that this is going to put pressure on jerry yang and management to do something. if that does not happen based on the letters to their, they are going to replace the board. and the new board will be a facilitator of a transaction. in our opinion, it would be a transaction acquiring the whole company, all of yahoo! assets. i think jerry yang, the susan decker, and other members of the board are thinking, why put us thrgh this process? why not try to get into the good graces of microsoft? i am sure the next several days or weeks to come, that is probably what they will try to do. >> in your best guess, how will they respond? >> they will respond in my opinion saying we were open to transaction all along, which has been the case at least for the past several weeks. maybe has not been the case since february. but every -- responses, we were willing to do a transaction, we've been wanting to all along, we have been trying to communicate with them to sell all of our assets. i think that is what is likely their response. but that response is going -- that is going to be tepid in the eyes of shareholders because shareholders one-to-one outcome, they want to maximize shareholder value, which your voters want one i'll come. if they are to be sold in this situation to microsoft at a significant premium, that is what they want. they are not going to listen to the management or board unless they comply to the wishes of shareholders, including carl icahn. >> very quickly, the price is $23. friday think today they released this? -- why do you think today they released this? >> between now and the yahoo! earnings couple of weeks ago -- from now, and the august 1 meeting, they are trying to gain support from shareholders, but people who have been on offense - so, capital research, legg mason, among others. they have maybe been on the fence about what carl icahn has been doing. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637948&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637948&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> NASDAQ:YHOO, NASDAQ:MSFT Business,Law & Legal Issues,News,Personal Finance,Science & Technology,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637948/m_a_update_microsoft_willing_to_enter_talks_if_yahoo_replaces_board_and_ceo http://www.clipsyndicate.com/publish/video/637949/trader_talk_notice_technical_signals_in_the_markets_to_avoid_prolonged_weakness <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637949/trader_talk_notice_technical_signals_in_the_markets_to_avoid_prolonged_weakness?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/191715d2-c190-45f2-af32-23b91506dcc0_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Bucky Hellwig of Morgan Asset Management</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328923905" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328923905/trader_talk_notice_technical_signals_in_the_markets_to_avoid_prolonged_weakness Mon, 07 Jul 2008 13:10:00 +0000 Trader Talk: Notice Technical Signals in the Markets to Avoid Prolonged Weakness http://www.clipsyndicate.com/publish/video/637949/trader_talk_notice_technical_signals_in_the_markets_to_avoid_prolonged_weakness?cpt=8&wpid=0 Bloomberg-Clip our next guest says if you cross a certain negative technical trend in the s&p, we may be in for more prolonged market weakness. bucky hellwig, senior vice president at morgan asset management. great for you to join us. i want to talk a little bit about the technical aspect. you say that on the s&p, when the 1-year average dips below the two-year average, that may signal more selling in the market. tell us a little but more about that. >> i want to see the market rise, but i am seeing some challenges. one technical indicator is you look at the market, the s&p, relative to certain other moving averages. at the end of last year the s&p broke down below the 1-year and a two-year moving averages, signaling further weakness. right now we are to point where the 1-year moving average is about to break below the two- year moving average. we were there at the early part of this decade, and consequently after that occurred, a couple of years of very poor market performance. >> for our viewers, they want to know what level is that. what level are they crossing on the s&p? >> yes, when the 1-year moves below the two-year, if you have a chart, they are just about ready to cross. when that happens, it signals further technical weakness and an extended period of underperformance and equities. >> of around 1260 level basically? >> correct. >> what could happen? describe to us what you have seen in the past, how much lower could we go? >> the technicals reflect deteriorating fundamentals. we are having the earnings season began. -- begin. the consumer could be the next spiraled down in this, in that he is pressured with higher food and gas prices, and on the other side, the balance sheet, his home is declining in value. this is a consumer-led economy. if the consumer continues to contract, we have a downside. i do not know where to pinpoint it, but looking at the whole menu of what is out there in the market's going forward, we have courts technicals and core fundamentals, and the risk that the consumer may continued to pull in his cards, so to speak, and that may have a detrimental effect on not only the economy but the market. the announcements today of layoffs, we are hearing more and more of those. unemployment is rising. these just are not great signs if you are going to be long the stock market. >> let me get to one of your stock picks. potash, the world's largest fertilizer maker, i believe. the stock seems to have peaked, but, looking at the chart, but you say it's still has a lot more to go. >> right. if you look at that, it has maintained -- from a technical panel -- standpoint, maintained above critical levels. fundamentally they are raising their prices, volume is up, demand is up. they are the saudi arabia of potash fertilizer. they have a right to mine the largest deposits, the largest in the world. in terms of competitive advantage and being in the sweet spot of this agriculture cycle,. and but -- despite the price-to- earnings ratio, only about 11 or 12, it is a very attractive investment in my opinion. >> all right, thank you so much for joining us. that was bucky hellwig, senior vice president at morgan asset management. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637949&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637949&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> NYSE:POT Business,Government & Politics,Law & Legal Issues,News,Personal Finance,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637949/trader_talk_notice_technical_signals_in_the_markets_to_avoid_prolonged_weakness http://www.clipsyndicate.com/publish/video/637939/m_a_news_fresenius_buying_app_nbc_buying_weather_channel_quicksilver_acquiring_shale <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637939/m_a_news_fresenius_buying_app_nbc_buying_weather_channel_quicksilver_acquiring_shale?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/85a5e529-41fd-45dd-9d03-e87842d23292_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Fresenius Agrees to Buy APP for $4.6 Billion; NBC Universal, Bain Capital, and Blackstone to Buy Weather Channel for $3.5 Billion; Quicksilver to Acquire $1.3 Billion in Barnett Shale Assets</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328909545" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328909545/m_a_news_fresenius_buying_app_nbc_buying_weather_channel_quicksilver_acquiring_shale Mon, 07 Jul 2008 13:04:00 +0000 M&A News: Fresenius Buying APP, NBC Buying Weather Channel, Quicksilver Acquiring Shale http://www.clipsyndicate.com/publish/video/637939/m_a_news_fresenius_buying_app_nbc_buying_weather_channel_quicksilver_acquiring_shale?cpt=8&wpid=0 Bloomberg-Clip we have some deals to run down this morning, and julie hyman is at the stocks desk with the latest, starting with a drug acquisition we have been talking about. >> the one you just heard a little bit about, app pharmaceuticals being acquired, do it intravenous drugs , intravenousfresenius the more a foothold. the price is about 29% higher than app's close on sur's the. if you look at app shares, what is notable is not only are we seeing a big gain but it is above the offer price. perhaps there is speculation out there about other bids coming in. incidently, wrote if you look at fresenia shares in germany, they are down 13% on news of the acquisition. another deal is in the media industry with nbc universal teaming up with the bain capital and blackstone to acquire the weather channel, the price is $3.5 billion. in terms of what the weather channel brings, not just the actual physical television channel but also the web site. according to comscore, it got 36 million viewers in may, this -- 15th most popular site. the nbc site did not rank in the top 50. we are going to take a look at general electric chair to see how they are reacting. this is the parent of nbc universal. it is up 0.6%. to give you a perspective, nbc accounted for about 11% of g e's operating income last year. also a deal going on in the energy industry. not acquiring a company but a piece of land. quicksilver resources is buying a piece of barnett shale property in texas for $1.3 billion. quicksilver is at -- an exploration and production company and although the stock has risen this year, it is still only half of the gain we have seen in the s&p super composite exploration and production index. we will be watching those shares as well today. >> thank you very much. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637939&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637939&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> FRA:FRE3, NASDAQ:APPX, NYSE:BX, NYSE:GE, NYSE:KWK Business,Government & Politics,Health,Law & Legal Issues,News,Personal Finance,Science & Technology,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637939/m_a_news_fresenius_buying_app_nbc_buying_weather_channel_quicksilver_acquiring_shale http://www.clipsyndicate.com/publish/video/637920/the_bloomberg_edge_tips_fall_short <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637920/the_bloomberg_edge_tips_fall_short?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/d1c18ecd-1dee-41f4-b356-0911a78228d3_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>According to Investors, TIPs YTD Performance of 5.0% Should Be Higher vs. Treasuries YTD Performance of 2.2%, to Accurately Reflect Actual Inflation Rate</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328894354" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328894354/the_bloomberg_edge_tips_fall_short Mon, 07 Jul 2008 12:48:00 +0000 The Bloomberg Edge: TIPs Fall Short http://www.clipsyndicate.com/publish/video/637920/the_bloomberg_edge_tips_fall_short?cpt=8&wpid=0 Bloomberg-Clip bond investors looking to protect against inflation say treasury inflation protected securities are not living up to their name. lori rothman has that story. >> as prices surged at the gas pump and the supermarket, money managers at morgan stanley say tips should offer more compensation. this is our exclusive bloomberg report today. you can see prices have tripled over last year and a half. a price for a gallon of regular unleaded gasoline is 84% up. in the same period, the labor department's consumer price index has not risen as much. the cpi has risen from 3.4% in 2005 to 4. percent2 signed today. that is a 22% increase in the rating overall. tips returns are linked to the consumer price index. investors say the index underestimates the rising cost of living. five-year tips are pricing in a two percent increase. although the 5% increase this year has outperformed treasurys return, some investors say tips should be even higher returns than this to what they say is the actual rate of inflation. morgan stanley and ftf are telling clients to cut back on tips. morgan stanley recommends buying derivatives tied to inflation expectations. back to you. >> thank you very much. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637920&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637920&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> Business,Government & Politics,Law & Legal Issues,News,Personal Finance http://www.clipsyndicate.com/publish/video/637920/the_bloomberg_edge_tips_fall_short http://www.clipsyndicate.com/publish/video/637899/m_a_spotlight_xm_sirius_merger <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637899/m_a_spotlight_xm_sirius_merger?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/80348d6f-cb38-449b-88a5-0d15834dbf2b_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Analysis and Discussion with David Joyce of Miller Tabak; Sirius Anticipating $400 Million in Savings in XM Deal</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328880319" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328880319/m_a_spotlight_xm_sirius_merger Mon, 07 Jul 2008 12:39:00 +0000 M&A Spotlight: XM-Sirius Merger http://www.clipsyndicate.com/publish/video/637899/m_a_spotlight_xm_sirius_merger?cpt=8&wpid=0 Bloomberg-Clip the fcc could give final approval to a merger between xm and sirius. my next guest says that is now the time to buy. media analyst daivd joyce of miller tabek joins us now from his offices in new york. the question is whether or not - all of this could be moot if the fcc votes to reject a deal. >> the likelihood of a rejection is -- the department of justice has ever be approved the deal without conditions. we are expecting conditions to come from the fcc, which the companies have already put forth on the table to try to get the deal done. i think it would be tough to find a precedent for the fcc has gone the opposite direction than the doj. >> xm- sirius sattelite had to make concessions to please the chairman and some of the members of the fcc. are there changes enough? is it enough to take of the lesser of the steel? > i think it is already expected that they are giving up 24 channels' worth of space to minority and noncommercial programming. they have an interoperable radio design. that has not been commercially available yet. they do have a price freeze is baked in for three years. it will help potentially bring in, isomers that are more price sensitive. >> as you are looking at the chart their, you can see that there was a pretty sharp drop- off over the last three weeks after the goldman sachs report that came out that same the cash flow for these two companies may be heard by the development and also by the iphone. it seems like investors took that quite negatively. >> i in a rough market, as we've had in the past, investors focus on the negatives. the negatives are not anything new. this was part of the contemplation as to what kind of competition there was in the market that should allow these companies to get together. cost savings could come from negotiating a cheaper howard stern contract. there's a lot of corporate synergies that can be eliminated. they do have higher oil fees per user and for the music content that they have. i think all of them really should be in these stocks at this point. the main negative is the high growth channel for them, which is the automotive manufacturers installation on the radio, is very much tied to the economy and the poor status of the auto sales right now is affecting these stocks. > is that price and well enough? >> we have to be close to a bottom. in my range of valuations, in a very bearish case, these stocks are near the bottom. you could say they could go a little over. we are really at a point where all the victims is what everyone spot focusing on. no one is focusing on the positives. operating losses on an independent basis to $700 million to the positives possibly for next year. >> the one thing that i have is, both of these companies have been doing poorly on their own. when you combine them together, do they equal a stronger company? the sense is that there will be reduced consumer choice. are the two companies together going to be strong going forward? > things that have been coming to on the meat side have been advertising to get we are probably in the middle of a recession. that will be a growth driver. the automotive sales will pick up again at some point. it is still expected to become more standard equipment. is this still north of 50% subscribers. >> thank you very much for joing us, media analyst daivd joyce of miller tabak. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637899&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637899&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> Business,Entertainment,Government & Politics,Law & Legal Issues,News,Personal Finance,Science & Technology,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637899/m_a_spotlight_xm_sirius_merger http://www.clipsyndicate.com/publish/video/637883/starting_bell_stocks_to_watch_general_motors_entertainment_stocks <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637883/starting_bell_stocks_to_watch_general_motors_entertainment_stocks?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/1a9e3035-4e72-43f2-bc0c-27fbf6ee46ab_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>According to Wall Street Journal, GM May Cut Jobs and Drop Some Vehicle Brands; According to Lehman Brothers, Entertainment Stocks to Suffer from Digital Competition</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328863278" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328863278/starting_bell_stocks_to_watch_general_motors_entertainment_stocks Mon, 07 Jul 2008 12:30:00 +0000 Starting Bell - Stocks to Watch: General Motors, Entertainment Stocks http://www.clipsyndicate.com/publish/video/637883/starting_bell_stocks_to_watch_general_motors_entertainment_stocks?cpt=8&wpid=0 Bloomberg-Clip general motors shares are rebounding. julie hyman will tell you why. >> last week general motors posted the lowest level since 1954. we are seeing a rebound from those depressed levels. merrill lynch was out with a note saying bankruptcy was not that of the question for general motors. seems the catalyst this morning is 'the wall street journal' story saying that they may be taking steps to raise cash or shore up the balance sheet. a couple possibilities are cutting more white-collar jobs, engineering jobs, for example, and also that general motors mae dropped one of its eight brands. if you take a look at how the shares are doing in the early going, up by 3% this morning. keep in mind the context. i talked about the low in the share. take a look at what they've done a year to date. we have had a drop of 59%. lehman brothers is playing in on the entertainment group this morning. the analysts there are not very positive, saying the digital age is going to present a problem for many of these companies. even though more and more people may be digitally getting their media, that may provide a source of revenue for entertainment companies, but it will not be enough to make up for the drop that will happen in the same time in dvd sales. lehman brothers is cutting walt disney co. and cbs to an underweight. news corp. and time warner go to equal weight. the analysts are concerned about the deteriorating economy and the effect on the theme park business. they're talking about on this at the tv networks across the board in this environment. and the newspaper business in the case of news corp.. take a look at how their trading today. disney and cbs are both lower in the early doubling. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637883&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637883&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> NYSE:GM, NYSE:DIS, NYSE:CBS, NYSE:NWS.A, NYSE:TWX Autos,Business,Entertainment,Law & Legal Issues,News,Science & Technology,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637883/starting_bell_stocks_to_watch_general_motors_entertainment_stocks http://www.clipsyndicate.com/publish/video/637868/world_and_national_news_kabul_attack_london_remembers_g_summit_conflict_with_iran <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637868/world_and_national_news_kabul_attack_london_remembers_g_summit_conflict_with_iran?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/724349ce-0969-47c0-8139-1e48910503a5_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Suicide Bomber Attack Leaves 40 Dead, 141 Injured in Kabul; Today Marks Third Anniversary of London Transit Attacks; Bush Attending Last G-8 Summit in Japan, Meets with Russian President Medvedev; Ahmadinejad Says Israel and U.S. Wouldn't Dare to Attack Iran</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328851313" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328851313/world_and_national_news_kabul_attack_london_remembers_g_summit_conflict_with_iran Mon, 07 Jul 2008 12:24:00 +0000 World and National News: Kabul Attack, London Remembers, G-8 Summit, Conflict with Iran http://www.clipsyndicate.com/publish/video/637868/world_and_national_news_kabul_attack_london_remembers_g_summit_conflict_with_iran?cpt=8&wpid=0 Bloomberg-Clip time for world and national news headlines. afghanistan's capital has been rocked by the deadliest attack this year. michelle makori is here with the details. >> a suicide bomber rammed a car full of explosives into the indian embassy in kabul. the associated press reports the death toll is more than 40. the attack is one of the deadliest after a relatively period relatively in kabul. no one has taken responsibility for attacks, but the taliban has about two increased attacks and the capital. the president says it undermines the good relations between afghanistan and india. londoners are marking the third anniversary of a suicide bomb attack that killed 52 boston subway passengers and injured more than 700 others. the bombers said deborah inspired by al-qaeda. it was the deadliest attack in london since world war ii. president bush in japan for the final g8. ahead of the summit, he met with dmitry medvedev. they found common ground on issues such as north korea and iran. they said they will keep working jointly to block the uranium enrichment without mentioning any specifics. they made no progress over the missile defense plan system in europe. the show is -- meanwhile, the president of iran is in malaysia for a summit of the eight islamic developing countries group. he says israel and the u.s. would not dare attack iran. we will keep you updated. let's check in with our accu- weather meteorologist kate bilo and get the latest on hurricane bertha. >> good morning. bertha now a category one hurricane. it is moving into warm water. it is expected to curb that to the north, probably just missing bermuda as to go to the next few days. we will have to keep a close eye on the path of the storm. we have the threat for severe thunderstorms across portions of the upper midwest. these are the flooded areas we have been dealing with in the last few weeks. locally flooding rain fall. chicago is still in with strong storms, as well. back to you. >> thank you very much. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637868&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637868&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> Emergencies & Disasters,Government & Politics,Law & Legal Issues,News http://www.clipsyndicate.com/publish/video/637868/world_and_national_news_kabul_attack_london_remembers_g_summit_conflict_with_iran http://www.clipsyndicate.com/publish/video/637863/investment_strategies_branded_goods_with_international_exposure <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637863/investment_strategies_branded_goods_with_international_exposure?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/85bdadf2-b57c-46f3-af6f-48160572b737_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Global Opportunities - Analysis and Discussion with Thomas Russo of Gardiner, Russo & Gardiner</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328851316" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328851316/investment_strategies_branded_goods_with_international_exposure Mon, 07 Jul 2008 12:15:00 +0000 Investment Strategies: Branded Goods With International Exposure http://www.clipsyndicate.com/publish/video/637863/investment_strategies_branded_goods_with_international_exposure?cpt=8&wpid=0 Bloomberg-Clip we are back with tom russo of gardner russo & gardner. talk a bit more about the international growth story. what you're saying is you have a lot of faith in the local consumer. why do you have so much faith in it? markets in china are down 50%. >> i think consumer sentiment in shanghai will be temporarily set back. you're talking about a big wave. a country where the ddt per capita might be $3,000, and in india, $1,000. -- a country where the gdp per capita might be $3,000 to get you will see a migration. they will seek the france that they have long aspired to consume because they have been in the market for a long time but out of reach. >> where is the story strongest? >> in the geographies? >> yes. >> right now, registering strong because of oil. china has been very strong. -- russia is very strong right now because of oil. india had a period with outsourced information technology. it is all a question of moving into the world as we move forward in the developing progress. > talk about nestle. the stock price today has been sliding since early june. soc gen has downgraded the stock as a sell. the dollar, as well, and also a possible slowdown in the less hitting the company. > all of those will occur. it is not a get rich stock, it is a stay rich stock for a very long time. it is invested in the future. in 1998, we owned the shares. russia had an implosion. many consumer products digressed during that time. they now have a billion dollar business in russia. they stayed the course. they were willing to survive through the downturn. but in the same is true today. , the cost is high. - the same is true today. commodity costs are high. >> they will maintain sales growth of 5-10%. they say the higher commodity costs are here to stay. how will they manage that? >> by reformulating. they make a 70% more products today than 10 years ago. that is a big deal. it also frees up capital that they can deploy to new products, advertise,. and. -- new products, advertising, and development. >> parted that does not include in big acquisition. you have heard that from the chairman. the thing that is the right strategy? >> i think so. they have gone through an important transition. the ceo has done a fantastic job. he is now the chairman and there's a new ceo. we spent time with him last month and switzerland. he is a to rivet manager. he has run the north american operation, which is the largest in the past decade. he has continued the same focus. they do not need a big acquisition. what they have been doing is selling assets and using the capital to expand the core business and to buy back stocks. > thank you very much. always great to see you, tom russo of gardner russo & gardner. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637863&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637863&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> OTC:NSRGY Business,Law & Legal Issues,News,Personal Finance,Shopping & Commerce http://www.clipsyndicate.com/publish/video/637863/investment_strategies_branded_goods_with_international_exposure http://www.clipsyndicate.com/publish/video/637890/preview_q_earnings_season_begins_this_week <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637890/preview_q_earnings_season_begins_this_week?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/de8dcb58-57e3-4440-b6f0-d8dc459e426c_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Earnings Forecast to Fall in 2Q; Financial Earnings Forecast to Slump, Energy Earnings to Rise</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328863279" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328863279/preview_q_earnings_season_begins_this_week Mon, 07 Jul 2008 12:07:00 +0000 Preview: 2Q Earnings Season Begins This Week http://www.clipsyndicate.com/publish/video/637890/preview_q_earnings_season_begins_this_week?cpt=8&wpid=0 Bloomberg-Clip it is the start of another earnings season this week. u.s. corporate earnings likely dropped again in the second quarter. ellen braitman. >> we will get the second quarter numbers. if we see profit fall, it will be the fourth consecutive quarter of declines. it would mark the longest losing streak in six years. the likely culprit is financial cos. earnings forecast to be down 60% from the year ago quarter. companies including citigroup, merrill lynch, now forecasting additional losses from the collapse of the mortgage market. our bloomberg date of forecasting earnings for all s&p 500 companies will be down 11% in the second quarter of last year. here we're showing you the trend over the last several quarters. if you take that the financial estimates, are bloomberg data shows corporate earnings up 7%. who is the benefactor? energy companies. oil prices continued to surge. it will not be the first time energy companies have given the boost, really helping to offset these larger declines you would have otherwise seen in terms of profit. analyst and many investors looking for profit growth to rebound. here's one strategist. >> the quarter that we're starting now, looking for -11% on the earnings. the next quarter, the analysts' consensus is 13%. 64% in the fourth quarter. >> it is really because of that, the anticipation for a possible rebound, though some folks say it will be because of easy comparisons to a year ago quarter. a lot of strategists say the s&p could rebound from the declines we've seen. back to you. <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637890&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637890&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> Business,Law & Legal Issues,News,Personal Finance http://www.clipsyndicate.com/publish/video/637890/preview_q_earnings_season_begins_this_week http://www.clipsyndicate.com/publish/video/637876/insight_outlook_for_oil_trade <table border='0' cellpadding='0' cellspacing='0'><tr valign='top'><td><a href='http://www.clipsyndicate.com/publish/video/637876/insight_outlook_for_oil_trade?cpt=8&wpid=0'><img src='http://video-static.clipsyndicate.com/cs-video/vol2/2008/7/7/58/351/47aa3633-e58a-47de-ad50-369aa0940081_120x90.jpg' border='0' /></a></td><td style='padding:5px;'>Analysis by Scott Richter of Fift Third Asset Management</td></tr></table><img src="http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~4/328851317" height="1" width="1"/> http://feeds.feedburner.com/~r/clipsyndicate_channel/1778/~3/328851317/insight_outlook_for_oil_trade Mon, 07 Jul 2008 11:03:00 +0000 Insight, Outlook For Oil Trade http://www.clipsyndicate.com/publish/video/637876/insight_outlook_for_oil_trade?cpt=8&wpid=0 Bloomberg-Clip oil is down about 1.6%. one would think that those stock futures would be performing a little better. that is a question i wanted to ask our guest this morning. i know he is watching oil prices very closely, as have so many investors. with the oil prices coming off this morning, why isn't that helping stock futures more? >> there have been so many disappointments with the up and down small movements in we'll that people do not believe we're really in earnest when to have a correction. to the extent that they do not believe it, they will not put their money into stocks. >> what will it are there any particular special to are watching -- threshold's you're watching? >> just news on the demand side. the supply side cannot change frequently. it takes a long time to make investments in oil fields and drilling. where we will get relief is demand destruction and behavior changes. to the extent that the market believes that, we will start to see people pulling money out of futures and looking for other places to go. >> will the global economic slowdown help to ease the price of oil a little bit? >> absolutely. it is the main constituent in getting demand to go down. we are experiencing it now to the extent that countries abroad are going to pull away subsidies and change their behaviors. that will all feed into that lower demand picture, and therefore, some relief on the price of oil. >> <object width="320" height="260"><param name="movie" value="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/"></param><param name="flashvars" value="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637876&id=&cpt=8"></param><param name="allowfullscreen" value="true"></param><embed src="http://eplayer.clipsyndicate.com/cs_api/get_swf/1/" flashvars="swfHome=eplayer.clipsyndicate.com&csEnv=p&wpid=0&va_id=637876&id=&cpt=8" type="application/x-shockwave-flash" allowfullscreen="true" width="320" height="260"></embed></object> Business,News 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