N. Korea Threat Highlights Missile Defense Spending

April 12 (Bloomberg) -- Bloomberg chief Washington correspondent Peter Cook reports that threats from North Korea are pulling into focus cuts to missile defense spending in President Barack Obama's 2014 budget. He speaks on Bloomberg Television's "Market Makers."

Edgy Design Gives Puma Brand a Boost, Says CEO Gulden
05:05 - Puma SE reported second-quarter profit that topped analysts’ estimates as the German sneaker maker got a lift from Europe’s soccer championships and a focus on the women’s market. Earnings before interest and taxes rose to 12 million euros ($13 million), Puma said in a statement Wednesday, beating analysts’ average expectation of 10.6 million euros. Sales rose 7 percent to 827 million euros, compared with the 820 million-euro consensus. The company fought negative currency-conversion effects by keeping a lid on costs. Chief Executive Officer Bjoern Gulden, three years into a turnaround effort, is balancing sports and style, pushing brash multicolored soccer cleats and a partnership with sprinter Usain Bolt. Gulden joined Bloomberg's Francine Lacqua on "The Pulse."
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