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Brazilian Real Gains for a Second Day on Commodities, Stocks

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By Camila Fontana Feb. 9 (Bloomberg) -- The Brazilian real gained for a second day as commodity prices rose and local stocks soared. The benchmark Bovespa stock index jumped 2.3 percent to 64,623.58. Brazil is the world’s largest exporter of beef, orange juice, coffee and
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Brazil Real Rises for a Second Day as Commodities Advance

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By Camila Fontana The real gained 1 percent to 1.8565 per dollar at 7:45 a.m. New York time, from 1.8755 yesterday, when it rose 0.2 percent. The Brazilian currency benefits from “a calmer external scenario that is driving commodities up,” said Paulo Petrassi , a partner at Leme
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Brazil’s Biggest Banks Boost Rate-Increase Forecasts (Update3) - Bloomberg.com

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Banco Santander SA’s local unit, which is Brazil’s third- biggest private bank, pushed forward last week its call for the central bank’s first increase of the benchmark 8.75 percent rate to March 17 from April 28. Sao Paulo-based Itau Unibanco Holding SA, the country’s largest
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Obama Job-Performance Rating Drops Among Independents (Update2) - Bloomberg.com

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The Marist Poll found that 57 percent of independent voters have a negative view of Obama’s job performance, up from 44 percent in a Dec. 8 survey . Twenty-nine percent of independents approve, down from 41 percent, and 14 percent said they were unsure. “The message of bipartisanship
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Rand May Slide 5% on 7.70 Resistance Breach: Technical Analysis

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By Garth Theunissen South Africa’s currency may weaken to between 8 and 8.20 per dollar as it forms a “pattern of rising highs” against the dollar, Ian Cruickshanks , head of research at Nedbank Treasury, said in a telephone interview from Johannesburg. “Rising highs” are
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Probe Begins Into Fatal Blast at Connecticut Plant (Update1) - Bloomberg.com

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The explosion occurred at about 11:30 a.m. local time while the plant was undergoing a gas-line test, Middletown Mayor Sebastian Giuliano said yesterday. A team from the U.S. Chemical Safety and Hazard Investigation Board is en route to the accident scene, Daniel Horowitz , a spokesman
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Apple Co-Founder Says Prius Problems Shouldn’t Deter Buyers - Bloomberg.com

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Feb. 8 (Bloomberg) -- Toyota Motor Corp. ’s trouble with the braking system of its Prius hybrid model shouldn’t deter buyers even though “it’s kind of scary,” Apple Inc. co-founder Steve Wozniak said. “All these problems should get fixed, but they shouldn
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Rescuers Comb Kleen Energy Connecticut Plant After Fatal Blast - Bloomberg.com

All workers known to be at the natural-gas-fired plant are accounted for, said Al Santostefano, a spokesman for the Middletown Fire Department . An investigation into what caused the blast is expected to begin at 7 a.m. local time today. “We still don’t have a complete list of how

Air Products May Take $5.1 Billion Airgas Bid Hostile (Update1) - Bloomberg.com

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The $60-a-share bid, 38 percent higher than Airgas’s closing price yesterday, follows two approaches that Airgas’s management rejected, Allentown, Pennsylvania-based Air Products said today in a statement. The offer is worth about $7 billion after including $1.9 billion in assumed debt, Air
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Magnitude 6 Quake Hits Off Northern California Coast (Update2) - Bloomberg.com

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The tremor struck about 47 miles (76 kilometers) west- southwest of Eureka and 225 miles northwest of Sacramento, and occurred at a depth of 7 miles, according to the USGS Web site. “The magnitude is such that a tsunami is not expected,” the West Coast and Alaska Tsunami Warning Center said
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