Scott Says Lack of Specifics Hindering Budget Talks

Dec. 6 (Bloomberg) -- U.S. Representative Robert "Bobby" Scott, a Virginia Democrat, talks about federal budget negotiations in Washington and the likelihood lawmakers will reach an agreement to avert the so-called year-end fiscal cliff of automatic budget cuts and tax increases. He speaks with Pimm Fox and Matthew Dowd on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

BNP Paribas 2Q Net Profit Beats Estimate
01:32 - BNP Paribas SA, France’s largest bank, posted second-quarter profit that was little changed as a surge in bond trading was offset by a drop in equities and low interest rates hampered consumer banking. Net income was 2.56 billion euros ($2.8 billion), up 0.2 percent from a year earlier, the Paris-based bank said in a statement Thursday, That’s above the 2.2 billion-euro average estimate of seven analysts compiled by Bloomberg. The bank recorded pretax gains from exceptional items, including selling its stake in Visa Europe, of 285 million euros, about the same as last year’s level. Chief Financial Officer Lars Machenil discusses earnings with Bloomberg's Caroline Connan.
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