U.S. Stocks Gain on Prospects for EU Bailout of Greece; Coca-Cola Advances U.S. stocks rallied, sending the Dow
Jones Industrial Average back above 10,000, as prospects for a
bailout of Greece eased concern that deteriorating government
finances will derail the global economic recovery.
Paulson Tells Buffett U.S. to Get `Every Penny' of Bailout Back From Banks Former Treasury Secretary Henry
Paulson, responding to a question from billionaire Warren
Buffett, said the U.S. government will be repaid in full for the
funds it put into the country’s lenders.
Disney Profit Tops Analysts' Estimates on TV Gains, Stabilizing Parks Unit Walt Disney Co., the world’s biggest
media company, reported fiscal first-quarter profit that beat
analysts’ estimates as TV revenue rose and theme-park results
stabilized.
Terreno IPO Prices on Third Attempt After Size of Offering Reduced by 42% Terreno Realty Corp., the first U.S.
company to postpone an initial public offering this year, raised
$175 million in its third attempt after chopping the amount it
sought by 42 percent.
Toyota Faces U.S. Recall Probe With Lobbying Budget Bigger Than Chrysler's Alesia Murdoch has spent 11 years
building transmissions at the Toyota Motor Corp. plant in
Buffalo, West Virginia. Yesterday, she got a new job: Lobbyist.
Madison Williams Hires Five From Oppenheimer to Expand U.S. Equity Trading Madison Williams & Co., an investment
bank spun off from Sanders Morris Harris Group Inc. in December,
hired five former Oppenheimer Holdings Inc. employees to expand
trading in New York and Connecticut and in industries such as
health care.
Brazil May Levy Tax on Ore Exports as Lobao Says He `Wants More' From Vale Brazil, the world’s second-biggest
iron-ore exporter, may start taxing shipments of the steelmaking
raw material as it seeks to lure investment in domestic steel
plants, Energy and Mining Minister Edison Lobao said.
CSN Files Antitrust Complaint Seeking to Halt Votorantim's Cimpor Purchase Cia. Siderurgica Nacional SA, the
Brazilian steelmaker that offered to buy Cimpor-Cimentos de
Portugal SGPS SA, filed an antitrust complaint seeking to halt
Votorantim Cimentos’ purchase of a stake in Portugal’s biggest
cement maker.
Pinera's Choice of Larrain as Finance Minister Would Maintain Policies Chilean President-elect Sebastian
Pinera’s choice of Felipe Larrain as Finance Minister will
ensure a degree of continuity with the policies of the current
administration, according to Morgan Stanley’s Luis Arcentales
and Alberto Bernal at Bulltick Capital Markets.
Itau Unibanco Net Rises 72% as Expanding Demand Boosts Loans; Shares Surge Itau Unibanco Holding SA, Brazil’s
biggest bank by market value, said fourth-quarter profit
advanced 72 percent as the recovery in the local economy boosted
demand for loans.
Colombia's Peso Strengthens as Crude Oil Gains; Argentine Bonds Rebound Colombia’s peso climbed for a second
day as the price of oil, the nation’s top export, climbed above
$72 per barrel.
Ecuador May Develop $6 Billion Dam Project After 2009's Power Shortages Ecuador may develop a $6 billion
hydroelectric project to create energy supplies for new mines
and avert power shortages similar to the ones the South American
country experienced in 2009.