How Did Verizon Finally Pull Off the Vodafone Deal?

Sept. 3 (Bloomberg) –- Aegis Chief Investment Officer Stanley Crouch and Cappelo Capital Managing Director Gene Urcan discuss Verizon’s purchase of Vodafone’s 45% wireless stake and whether it is a good deal for Verizon shareholders. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Statoil Comfortable With Financial Situation, Says Saetre
27:54 - Statoil ASA, Norway’s biggest oil producer, reported its first adjusted loss following the plunge in crude prices that has roiled the industry for nearly two years. The company also deepened spending cuts. Adjusted earnings after tax, which excludes financial and other items, dropped to a loss of $28 million from a $929 million profit a year earlier, the Stavanger-based company said Wednesday. That missed the $294 million average estimate in a Bloomberg poll of 16 analysts. Statoil CEO Eldar Saetre tells Bloomberg's Anna Edwards and Manus Cranny on "Countdown" he's very comfortable with financial situation adding the oil price impact in line with expectations.
  • Valeo is Outperforming the Market, Says CEO Aschenbroich
  • Daybreak: What You Need to Know Today July 27
  • Will BOJ Stimulus Work for Japan's Economy?