Sifma's Gregg on Next Fed Chairman, Bank Rules
Aug. 7 (Bloomberg) -- Judd Gregg, chief executive officer of the Securities Industry and Financial Markets Association and a former U.S. senator, talks about the outlook for Federal Reserve Chairman Ben S. Bernanke's successor and financial regulations. He speaks with Tom Keene, Alix Steel and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)
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Edgy Design Gives Puma Brand a Boost, Says CEO Gulden
07:22 - 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."