SEC OK's Facebook, Twitter for Company Disclosures
April 3 (Bloomberg) -- U.S. companies will now be able to post their earnings on Twitter or update their status on Facebook as long as investors have been told in advance where to look. Graham Fisher's Josh Rosner, Bloomberg's Cory Johnson and Hearsay Social's Steve Garrity speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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The Natural Catastrophes Hurting Swiss Re's Profits
53:52 - Swiss Re AG, the world’s biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net income declined to $637 million from $820 million a year earlier, the Zurich-based company said in a statement on Friday. That beat the $605 million average estimate of nine analysts in a Bloomberg survey. Chief Financial Officer David Cole discusses with Bloomberg's Francine Lacqua on "The Pulse."