Latest

Timing Critical for Shorting Bunds: Medecin

Carmignac Gestion Investment Committee Member Jean Medecin discusses the outlook for bond markets in the EU and his subsequent investing strategy. He speaks with Jonathan Ferro on Bloomberg Television’s “On The Move.” (Source: Bloomberg)

UBS Profit Almost Doubles

Switzerland’s biggest bank has seen net income in the first three months of the year almost double, in a quarter that saw all divisions beat analyst estimates. Bloomberg’s Manus Cranny broke down the numbers for On The Move’s Jonathan Ferro from Zurich.

Moderate Growth May Extend Economic Cycle: Medecin

Carmignac Gestion Investment Committee Member Jean Medecin discusses monetary policy from various central banks and his outlook for global markets. He speaks with Jonathan Ferro on Bloomberg Television’s “On The Move.” (Source: Bloomberg)

Luxottica Beats Operating Income Estimates

Luxottica, the maker of Ray-Ban and Oakley sunglasses, posted operating income that beat estimates after Monday’s closing bell. Net sales came in 20 percent higher in the first quarter. Luxottica Co-CEO for markets, Adil Mehboob-Khan, spoke to On The Move’s Jonathan Ferro about successes and a future with Google...

UBS CFO Urges Return to `Normalized Rate Environment'

UBS Group AG Chief Financial Officer Tom Naratil said a return to a "normalized rate environment" would be beneficial for the financial services industry. He spoke in an interview on Bloomberg Television's "Countdown." (Source: Bloomberg)

Greece's Cash Squeeze As IMF Payment Due

Greece is still far from an agreement with its international creditors, as it faces a 200 million euro payment to the IMF this week. Bloomberg’s Nikos Chrysolaras tells On The Move’s Jonathan Ferro what he’s watching out for today.

Bank Valuations Are Not a Bit Streched: Scrope

Oriel Asset Management Fund Manager Richard Scrope discusses earnings season so far and the outlook for the equity markets with Bloomberg’s Caroline Hyde and Mark Barton on “Countdown.” (Source: Bloomberg)

Euro `Isn't Trading Off Political Risk': Papadavid

The euro is responding to the European Central Bank's quantitative easing program and isn't trading off political risk, according to Phyllis Papadavid, senior global foreign exchange strategist at BNP Paribas SA. She spoke in an interview on Bloomberg Television's "Countdown" with Mark Barton and Caroline Hyde, during which she also said the pound could rally if one of the U.K.'s two major parties wins a clear victory in this week's election. (Source: Bloomberg)

U.K. Election – What’s Best For Business?

George Magnus, Senior Economic Advisor at UBS, outlines what impact the upcoming election may have on business… and how uncertainty in the markets could cause shorting in Sterling.

Luxury

Inside the Grey Market for the Apple Watch in Hong Kong

There’s brisk business literally ON the streets of Hong Kong for the new Apple Watch. The scarcity, and huge demand in China, is driving a thriving secondary market for Apple’s latest must-have gadget. Bloomberg’s Stephen Engle went out on the watch for grey market watches. (Source: Bloomberg)

Meet Tapit, America's New Big Stud

May 1 -- If the thoroughbred breeding industry is back in the U.S. following the collapse triggered by the global financial crisis, then a striking ghost-white specimen named Tapit is the symbol — and more importantly, the DNA — of that rebound. Bloomberg's Mason Levinson has more on "Bottom Line."

Bloomberg Surveillance

Icahn: Fink Protects Underperforming Executives

BlackRock’s Larry Fink is protecting underperforming executives with his campaign against activist investors, according to billionaire Carl Icahn. Columbia University’s Fabio Savoldelli weighs in on the allegations on “Market Makers.” (Source: Bloomberg)

What’s The Special Sauce for McDonald’s?

Bloomberg’s Tom Keene and Olivia Sterns look at the Twitter question of the day. BNP Paribas Managing Director Tim Bitsberger also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg West

Remembering SurveyMonkey CEO David Goldberg

SurveyMonkey.com Chief Executive Officer David Goldberg died May 1 after collapsing and hitting his head while exercising, according to people briefed on the matter. Bloomberg's Emily Chang takes a moment to remember him on "Bloomberg West." (Source: Bloomberg)

Bill Ackman Would Think ‘Very Hard’ Before Next Short Bet

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, talks about the value of shareholder activism, the restaurant franchise and pharamaceutical industries, investment strategy and his position on short selling after his campaign with Herbalife Ltd. Ackman also discusses the outlook for Fannie Mae and Freddie Mac. He speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Equities Can Be `Great Way to Short Credit,' Meister Says

Keith Meister, founder of Corvex Management, talks about the performance of Yum! Brands Inc., investor activism in real estate investment trusts (REITs) and the outlook for equities as an asset class. Meister speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Pershing Square’s Bill Ackman Triggers CSX Slide

CSX quickly dropped to a session low after Pershing Square’s Bill Ackman told CNBC he won’t talk about CSX at the 20th Annual Sohn Investment Conference in New York. She speaks on “Bloomberg West.” (Source: Bloomberg)

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