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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.


Latin America


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.


Exclusive


Greece Says Call for Help Would Send `Worst Signal' as Bond Yields Surge Greek Finance Minister George Papaconstantinou said he can’t call for outside aid as his government struggles to cut the European Union’s largest budget deficit.

Holders of Billions in Czar Bonds Sue to Recovery Kremlin's Paris Property The Russian government vowed to “defend our rights” after French holders of czarist bonds valued at as much as 100 billion euros ($137 billion) threatened to sue the Kremlin and seize property it owns in Paris.

Sugar Shortage May Turn Acute in Third Quarter on Demand From U.S., Mexico A global sugar shortage, which drove prices to the highest level in three decades, may peak in the third quarter this year on demand from the U.S., Mexico, India and Pakistan, according to U.S.-based Tropix Capital Management.

`Blind Pools' Lose Appeal as Ziman, Callahan Plan Real Estate IPO Comeback Richard Ziman and Timothy Callahan want to raise money in the equity market after selling their real estate companies for a combined $12 billion before the property crash. Investors may balk at bankrolling their return.

`Avatar' Triumphs in China as State-Backed `Confucius' Fails to Break Even A film about the Chinese philosopher Confucius was overwhelmed at the box office by News Corp.’s “Avatar,” grossing 97 million yuan ($14 million) in 2½ weeks on the mainland and failing to break even, its producer said.

Bankers' Stew Disguising CDO Scraps as Tasty Morsels: Book Excerpt Since its inception, the derivatives market has echoed the fairground hawkers’ call to “scream if you want to go faster.” Among the new derivatives, collateralized-debt obligations (CDOs) were particularly hot.


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