Search results for "MOVE"



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EXCLUSIVE-With full power at CBS, CEO Moonves sees more aggressive move to digital

Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...
Source: Reuters | By: Jessica Toonkel
MSCI welcomes easing of China investor controls, raises liquidity concerns

HONG KONG, Feb 6- Index provider MSCI Inc said on Friday it welcomed China's move to liberalise a major cross-border investment scheme, but that the country's handling of a summer stock sell-off raised concern over the liquidity of its markets. The announcement was the first formal update from the New York- headquartered firm after it said in June it would not...
Source: Reuters | By: Michelle Price
Brazil states may be tempted to follow Eletrobras on privatization

SAO PAULO, Feb 5- Cash-strapped Brazilian states, struggling with falling revenues during the worst recession in decades, may look to privatize power assets if state-controlled utility Eletrobras succeeds in selling distribution company Celg-D in March. "The whole question is if this move by the federal government could be echoed by the states; I think so," said...
Source: Reuters | By: Luciano Costa
Fitch upgrades Ireland to 'A', hands government timely boost

DUBLIN, Feb 5- Fitch raised Ireland's credit rating a notch to' A' on Friday, taking the unusual step of upgrading a country's debt in the middle of an election campaign, a move that could potentially hand the government parties a boost. Ireland's prime minister Enda Kenny called elections for Feb. 26 on Wednesday, kicking off campaigning for what promises to be a...
Source: Reuters | By: Padraic Halpin
Oil tax law? Not going to happen: Bernstein

As if low prices weren't enough for the oil market, it must not hold their breath in the face of a potential new law.
Source: | By: Denise Garcia
UPDATE 3-Burberry, Tom Ford align runway shows with retail availability

*Tom Ford also to sell collection on same day as Sept show. LONDON/ PARIS, Feb 5- Design houses Burberry and Tom Ford on Friday announced new strategies that will allow them to close the gap between the runway and retail in order to get clothing and accessories more quickly to customers in different climates around the world. Major luxury brands such as Dior, Chanel,...
Source: Reuters | By: Li-mei Hoang and Astrid Wendlandt
TREASURIES-Prices rise as oil, China concerns weigh

NEW YORK, Feb 5- U.S. Oil fell on Friday afternoon before a meeting on Sunday between Venezuelan Oil Minister Eulogio Del Pino, who is trying to rally support among oil producers for action to boost prices, and his Saudi counterpart Ali al-Naimi. "There is a lot of talk and speculation as it relates to China," while credit indicators for banks have been weakening, said...
Source: Reuters | By: Karen Brettell
UPDATE 1-Bayer rejects EPA request to pull insecticide from U.S. market

Bayer CropScience will instead ask for an administrative law hearing from the EPA's Office of General Counsel to review the registration of flubendiamide, the active ingredient in Bayer's Belt pesticide. The registration, granted in 2008, was a limited-time conditional registration that could be canceled if additional studies found the chemical to be...
Source: Reuters | By: Karl Plume
Congress unites in scorn for Shkreli, but gridlock remains

WASHINGTON— A smirking Martin Shkreli briefly united Democrats and Republicans on Capitol Hill this week, as lawmakers took turns blasting the price-hiking former CEO who has become the new poster child for corporate greed. But the gridlocked state of Congress virtually assures federal efforts to lower drug prices will remain in limbo for years.
Source: The Associated Press | By: By MATTHEW PERRONE, AP Health Writer
UPDATE 1-AES, Enel, CPFL among interested in buying Brazil's Celg-D

SAO PAULO, Feb 5- U.S. power utility AES Corp, Italy's Enel and several Brazilian rivals have shown preliminary interest in buying state-controlled power distributor Centrais Elétricas de Goiás SA, a group organizing the sale and a source briefed on the plan said. According to a website created by Brazil's Eletrobras, which has a controlling stake at Celg-D,...
Source: Reuters