Adele Adeles Vogue Cover Star Wears Stunning Lace
Picture: Hollywood Paladium Adele concert Hollywood, California ....
Adele's Vogue Cover: Star Wears Stunning Lace Dress
Clearly anticipating Adele 's phenomenal success at last night's Grammys awards, Vogue have released images from their March 2012 issue cover shoot with the 'Rolling in the Deep' singer. On the cover shot, Adele can be seen in a black lace dress, with what has become her trademark 1960's style make-up and shots from within the magazine were also published on the Huffington Post website, showing the singer laying on an antique-style sofa, wearing a dramatic black and yellow dress, with striking red lipstick.
The arrival of the photos comes after the fashion designer Karl Lagerfeld branded Adele "too fat." Regardless of Lagerfeld's opinions of her, she proved her worth last night at the Grammy awards, taking home six awards, including the most coveted: Record of the Year, Album of the Year and Song of the Year. Last night, she received a standing ovation at the Grammy Awards, when she performed 'Rolling in the Deep'; the first time that she has performed live since she underwent surgery on her vocal cords last year. Her highly anticipated performance was overshadowed only by the alteration in the schedule, to allow for Jennifer Hudson's performance on 'I Will Always Love You' by Whitney Houston
The other big winners of the night were Foo Fighters, who took home four Grammy Awards, Skrillex, who won three and Bon Iver, who took home the awards for Best Alternative Album and Best New Artist. Taylor Swift also won two awards last night. The evening was marked by performances by Nicki Minaj, Coldplay and Rihanna and Sir Paul Mccartney amongst others.
Hungary Central Bank Unveils Plans to Help Boost L
By Edith Balazs and Zoltan Simon
(Updates with Simor, analyst comments in fifth, seventh paragraphs.)
Feb. 15 (Bloomberg) -- Hungary’s central bank will take steps to help boost lending, including providing corporate credits and creating a plan to aid the mortgage industry, as economic growth may stall this year.
The Magyar Nemzeti Bank will offer a two-year collateralized credit facility to commercial banks, start a universal mortgage bond-purchase plan and expand the range of eligible collateral to increase lending, the Budapest-based bank said today in a statement on its website.
Lending to companies in Hungary has been declining since the fourth quarter of 2008, raising the threat of a “creditless recovery,” the central bank said on Sept. 23. It warned that Hungary’s recovery from its worst recession in 18 years is in peril as the lack of corporate credit may hamper economic growth.
“The Magyar Nemzeti Bank will stand ready to offset the recent weakening in banks’ capacity to lend,” the bank said today. The drop in lending is partly the result of “banks’ limited lending capacity and in large part by their reduced willingness to lend.”
The two-year credit facility, available only to banks that pledge not to reduce corporate lending through the maturity of the loan, will serve as a “veritable safety net,” central bank Governor Andras Simor said in an interview with news portal Portfolio today.
‘Feel Safer’
“Banks can feel safer with respect to funding supply, the maturity mismatch between assets and liabilities and they can extend credit more bravely,” Simor said.
The government expects the expansion to slow to 0.5 percent this year from a preliminary 1.7 percent in 2011 while the International Monetary Fund may cut its 0.3 percent growth forecast for Hungary because of the euro area’s deteriorating outlook, IMF representative Iryna Ivaschenko said on Feb. 9.
“In terms of lending dynamics we expect muted impact in the near term as the banking sector as a whole already has a significant amount of excess liquidity,” Gyula Toth, a Vienna- based strategist for emerging markets at UniCredit SpA, wrote in a report today.
The two-year variable-rate refinancing to banks at the central bank’s prevailing policy rate against securities delivered as collateral is designed to help corporate lending Replica Watches, according to the statement.
Financing Access
The new facility, available as of next month, allows banks access to financing at maturities of limited availability in the market without the need to pay a term premium on longer-term funding, the statement said.
The plans presented today may support ending, however the central bank’s tools “aren’t sufficient on their own to revive corporate lending,” Simor said. The bank has yet to decide the amount it will allocate in two-year collateralized loans to banks, he said.
The new two-year facility will likely support short-end government bonds,’’ UniCredit’s Toth said, adding that any “direct impact will largely depend on the finally agreed re- pricing period.”
The central bank is seeking to revive household lending with the mortgage bond-purchase plan, which can help improve the maturity match between assets and liabilities, according to the statement. To help the purchase plan’s success, it’s necessary for lawmakers to pass legislation allowing all credit institutions to issue mortgage bonds, the bank said.
The mortgage note purchase plan is expected to start within one month after the necessary legislation is passed. The expansion of the range of eligible collateral can alleviate liquidity constraints potentially impeding corporate and household lending through an increase in banks’ liquidity buffers, the bank said.
--Editors: James M. Gomez, Jeffrey Donovan
To contact the reporters on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net; Zoltan Simon in Budapest at zsimon@bloomberg.net
To contact the editors responsible for this story: James M. Gomez at jagomez@bloomberg.net; Balazs Penz at bpenz@bloomberg.net
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Whitney Houston Producer Hopes To Convert Whitney
Picture: General view of Prudential Center featuring a large tribute to Whitney Houston Newark Replica Rolex watches, New Jersey ....
Producer Hopes To 'Convert' Whitney Houston's Final Film Into A Musical
Whitney Houston's final film will hit the stage as a major new musical if producer Howard Rosenman gets his way.
The tragic superstar completed her work on Sparkle just weeks before her death on Saturday (11Feb12) and already movie executives are planning a Broadway run in New York.
The movie musical, which features Houston with Jordin Sparks and Cee Lo Green, is scheduled for a summer (Aug12) release and it could be onstage next year (13).
Rosenman tells Forbes magazine he hopes to "convert“ Sparkle into a Broadway production once the movie's initial run is over.
He is convinced the film will be a huge hit and Houston will wow critics and movie fans alike: "People will be blown away by Whitney. She sings gospel, and she’s phenomenal."
Former American Idol champion Sparks plays the title character in the movie with Houston as her onscreen mother.
Santorum ThreeState Republican Sweep Slows Romneys
By Kristin Jensen and Catherine Dodge
(Updates with Colorado results starting in first paragraph. For more campaign news, ELECT)
Feb. 8 (Bloomberg) -- Rick Santorum shook up the race for the Republican presidential nomination by sweeping three contests yesterday, casting doubt on front-runner Mitt Romney’s hold over the party’s core voters.
Santorum beat Romney by 30 percentage points in Missouri’s non-binding primary, where former U.S. Speaker Newt Gingrich wasn’t on the ballot. He topped his nearest competitor in Minnesota’s caucuses, U.S. Representative Ron Paul of Texas, by 18 points, with Romney placing third. He beat Romney in Colorado by five points.
The results suggest a lingering weakness for Romney, especially among the most conservative Republicans who are focused on issues such as banning abortion. At the same time, Santorum’s new strength may aid Romney in a prolonged fight for the nomination. A revitalized Santorum campaign may mean that he and Gingrich will continue to split the anti-Romney vote, leaving neither with a commanding count of delegates.
Santorum, 53, now has four victories in the nomination race, while Romney has three. Santorum last night told supporters in St. Charles, Missouri, that he was the candidate best suited to take on President Barack Obama in November’s general election.
‘Same Positions’
“Mitt Romney has the same positions as Barack Obama,” the former U.S. senator from Pennsylvania said. “I don’t stand here to claim to be the conservative alternative to Mitt Romney. I stand here to be the conservative alternative to Barack Obama.”
Romney, 64, told supporters in Denver last night that he was focused on the contests to come.
“This was a good night for Rick Santorum,” the former Massachusetts governor said. “We’ll keep on campaigning down the road, but I expect to become our nominee, with your help.”
Santorum won 55 percent of the vote in Missouri’s non- binding primary with all precincts reporting, according to the Associated Press. Romney had 25 percent and Paul had 12 percent.
In Minnesota’s caucuses, Santorum led with 45 percent of the vote with 91 percent of precincts reporting in the AP tally. Paul had 27 percent, followed by Romney with 17 percent and Gingrich with 11 percent.
Paul Sees ‘Momentum’
Paul, 76, told supporters in Golden Valley, Minnesota, his second-place finish should earn him a cache of delegates.
“It’s the cause of liberty that we must restore, and we are well on our way, and we’re going to keep this momentum,” he said.
In Colorado, Santorum had 40 percent of the vote, with all precincts reporting in the AP tally. Romney had 35 percent, followed by Gingrich with 13 percent and Paul with 12 percent.
The Minnesota and Colorado caucuses represent the first step toward awarding convention delegates, though yesterday’s results are non-binding on that process. Missouri’s primary is a symbolic Prom Short Dresses, so-called beauty contest; the state’s delegates will be allocated at caucuses later this year.
While no delegates were immediately awarded, the outcomes slow Romney’s momentum and offers openings to rivals. Romney had reclaimed the mantle of front-runner after easily winning the two previous contests, Florida’s Jan. 31 primary and Nevada’s Feb. 4 caucuses.
Romney also won the Jan. 10 New Hampshire primary and Santorum got a victory in the Jan. 3 lead-off Iowa caucuses.
2008 Results
Romney won 60 percent of the vote in Colorado’s 2008 caucuses in his unsuccessful bid for the Republican nomination, and 41 percent of the vote in winning that year’s Minnesota caucuses.
His aides said that this year in Minnesota, the political dynamics worked against him. Four years ago, Romney ran as the fiscal and social conservative alternative to Arizona Senator John McCain, who won the party’s nomination. Today, he is viewed as the establishment pick, after gaining endorsements from party leaders and elected officials.
The Romney team had been lowering expectations in Minnesota, a state that has seen an increase in power for social and fiscal conservatives who nominated a Tea Party-backed gubernatorial candidate in 2010. Santorum, a Catholic with an anti-abortion record, spent the bulk of his time over the past week in the state.
Scheduling Romney to be in Denver last night, though, was a sign of the campaign’s expectations in Colorado.
What Missouri Showed
Santorum’s victory in Missouri, while meaningless in the delegate count Skirts, may better illustrate the challenge Romney has in winning conservative voters and the benefit he gains from Santorum and Gingrich, who was boosted by a win in South Carolina’s Jan. 21 primary, each remaining in the race.
With Gingrich, 68, not on the ballot in Missouri, Santorum had a clear path to claim the conservative bloc of votes. Gingrich, though, stressed he isn’t about to end his candidacy to help coalesce an anti-Romney vote.
“After tonight, you’ll see this is a wide-open race,” Gingrich said on CNN before the results began to be released. He spent his day campaigning in Ohio.
Later this week, Romney and his rivals are to address activists at the annual Conservative Political Action Conference in Washington. The reception Romney receives will be closely watched, especially following yesterday’s results.
Second Surge
Last night represented the second time Santorum has staged a surprise surge in the Republican race.
He spent more time in Iowa than any other candidate and began to make headway with voters only in the final days before the caucuses. Romney was initially declared the winner in that contest, edging Santorum by eight votes. More than two weeks later, the Iowa Republican Party said the final returns showed Santorum victorious, beating Romney by 34 votes.
Romney has more campaign cash than his remaining three opponents, and that gives him an advantage in organizing operations in primaries on Feb. 28 in Arizona and Michigan and the 11 contests the follow on “Super Tuesday” -- March 6.
Bracing for possible defeats, Romney’s campaign yesterday circulated a “reality check” memo from his political director emphasizing that none of the 1,144 delegates needed for the nomination would be awarded in yesterday’s contests.
“We expect our opponents to notch a few wins,” Rich Beeson wrote in the memo. Romney should do well, though, in the races in Arizona and Michigan, Beeson said.
“It is difficult to see what Governor Romney’s opponents can do to change the dynamics of the race in February,” he said.
--With assistance from Lisa Lerer in Grand Junction, Colorado, and Jennifer Oldham in Denver. Editors: Don Frederick, Jim Rubin
To contact the reporters on this story: Kristin Jensen in Washington at kjensen@bloomberg.net Catherine Dodge in Washington at cdodge1@bloomberg.net;
To contact the editor responsible for this story: Jeanne Cummings at jcummings21@bloomberg.net
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China May Become Worlds Biggest Gold User, Beating
By Bloomberg News
(Adds analyst’s comment in fourth, final paragraphs.)
Feb. 16 (Bloomberg) -- China, the world’s largest consumer of energy and base metals, is set to displace India this year as the biggest gold user on an annual basis as surging incomes drive increased demand for jewelry and investments.
Demand in China jumped 20 percent to 769.8 metric tons in 2011, while consumption in India fell 7 percent to 933.4 tons, according to a report from the producer-funded World Gold Council today. “It is likely that China will emerge as the largest gold market in the world for the first time in 2012,” said Marcus Grubb, managing director of investment.
China’s economic growth has lifted the nation’s consumption of everything from soybeans to copper, boosting incomes in the world’s most populous country. Gold has rallied for 11 straight years on rising investment and jewelry demand, led by consumers in Asia, and increased central-bank buying. China is also the world’s gold producer.
“Gold will be attractive as a luxury good, and certainly China has made it clear that it likes luxury goods,” said Jeremy Friesen, Hong Kong-based commodity strategist at Societe Generale SA. “There’s a lot of pent-up demand.”
Bullion for immediate delivery traded at $1,718.57 an ounce at 4:13 p.m. in Shanghai Replica Tag heuer watches, 25 percent higher than a year earlier. The precious metal reached at an all-time high of $1,921.15 last September as Europe’s sovereign-debt crisis boosted demand.
On a quarterly basis, China was already the top consumer in the three months to Dec. 31, with demand at 190.9 tons compared with India’s 173 tons, the council said. Jewelry demand in China rose every quarter last year, and the nation was the biggest such market worldwide in the second half, the group said.
Bars and Coins
Demand in China is climbing as investors seek to protect of their wealth from inflation of more than 4 percent, and after the government clamped down on property investment last year, Liu Xu, analyst at Capital Futures Co., said from Beijing. Stock markets have been lackluster, Liu said.
“The big pool of savings is trying to seek investments Replica Omega watches, not necessarily for profit, but for preserving value,” Liu said. “In that sense, gold has been doing a pretty decent job in the past 11 years in Chinese investors’ minds.”
China has kept its benchmark lending rate at about a three- year high to slow inflation, which was 4.5 percent last month, compared with the 4 percent estimate in a Bloomberg News survey of economists.
Gold imports from Hong Kong surged to a record 431 tons last year from 119 tons in 2010, according to the Census and Statistics Department of the Hong Kong government.
Chinese investors bought 258.9 tons of gold bars and coins last year, 38 percent more than a year earlier, as gold-jewelry demand gained 13 percent to 510.9 tons, the council’s report said. Council members represent 60 percent of global output.
“India and China have grown both in population and in wealth, and the amount of potential demand remains very strong,” said Friesen at Societe Generale. Sales in China may be fairly resilient on the consumption side, he said.
--Feiwen Rong and Glenys Sim. Editors: Jake Lloyd-Smith, James Poole
To contact Bloomberg News staff for this story: Feiwen Rong in Beijing at frong2@bloomberg.net; Glenys Sim in Singapore at gsim4@bloomberg.net
To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net
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Manny Ramirez Agrees to MinorLeague Contract With
By Erik Matuszewski
Feb. 20 (Bloomberg) -- Manny Ramirez, a 12-time All-Star whose 555 home runs rank 14th in Major League Baseball history, agreed to a minor-league contract with the Oakland Athletics.
Ramirez Replica Breitling watches, 39, will have to serve a 50-game drug suspension before he can play for the A’s this season. He’ll report to spring training as a non-roster invitee at the end of this week, the team said in an e-mailed statement.
Ramirez retired from baseball last season rather than face a second unspecified violation tied to the sport’s anti-doping rules. He was also suspended 50 games in May 2009 while playing for the Los Angeles Dodgers and said at the time his violation wasn’t a steroid and didn’t challenge the penalty.
After joining the Tampa Bay Rays before the 2011 season, Ramirez again tested positive for a performance-enhancing drug during spring training. He said he was retiring on April 8 and then asked to be reinstated on Dec. 5, when Major League Baseball said Ramirez would have to serve another 50-game ban before he could play again.
Over 19 major-league seasons, Ramirez has a .312 batting average with 1,832 runs batted in. He’s hit 30 or more home runs in 12 seasons and was a member of two world championship teams with the Boston Red Sox in 2004 and 2007.
--Editors: Michael Sillup Replica Tag heuer watches, Dan Baynes
To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net
To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net
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Lions Gates ThirdQuarter Revenue Drops More Than E
By Michael White
Feb. 9 (Bloomberg) -- Lions Gate Entertainment Corp., the independent studio behind “The Hunger Games” teen adventure movies Watches Replica, reported third-quarter revenue that declined more than analysts predicted after releasing no hit in the holiday period.
Sales fell 24 percent to $323 million, the company, run from Santa Monica, California Watches Replica, said today in a statement. Analysts anticipated $358.4 million, the average of predictions compiled by Bloomberg.
There were no major releases from the studio, compared with four films a year earlier. Lions Gate distributed two Spanish- language films in the quarter as the studio geared up for the March 23 release of “The Hunger Games,” the first of four planned movies based on the best-selling novels by Suzanne Collins.
Net loss in the period ended Dec. 31 narrowed to $1.74 million, or 1 cent a share, compared with a net loss of $6.02 million, or 4 cents, the Vancouver-based company said.
Lions Gate last month agreed to acquire Summit Entertainment, maker of the “Twilight” films, a franchise that has generated $2.5 billion in global ticket sales, according to researcher Box Office Mojo’s data. The final movie in the series is scheduled to reach theaters in November.
Lions Gate bought Summit for $412.5 million, most of it financed with the target company’s cash, plus assumed debt. The company named Summit’s two top executives, Rob Friedman and Patrick Wachsberger, to lead its film division.
--Editors: Cecile Daurat, Rob Golum
To contact the reporter on this story: Michael White in Los Angeles at mwhite8@bloomberg.net
To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net
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Sweaters Portugal Raises 3 Billion Euros as Rates
By Anabela Reis and Joao Lima
(Updates with investor comment in fourth paragraph, total amount of bill sales this year in penultimate paragraph. For more on the euro crisis, click on EXT4.)
Feb. 15 (Bloomberg) -- Portugal raised 3 billion euros ($3.92 billion) as it sold debt maturing in up to 12 months after increasing the amount to meet investor demand.
The auctions included 1.5 billion euros of bills due in one year, the longest maturity since Portugal requested a bailout from the European Union and the International Monetary Fund in April last year. It sold 300 million euros of three-month bills, getting bids for 10.3 times the amount sold, and 1.2 billion euros of six-month debt. Borrowing costs fell for each of the three securities that were offered.
“Despite a significant decline in the three-month yield, the Portuguese state is opting to issue more debt at a longer maturity as it prefers to gain time by selling a greater amount of 12-month debt,” said Filipe Silva, who manages 60 million euros of debt securities at Banco Carregosa SA in Oporto Sweaters, northern Portugal. “With these auctions, the financing needs for this quarter have been met.”
Portugal’s debt management agency said on Feb. 10 that it was adding the sale of 12-month debt to two other issues already included in its quarterly calendar due to “specific demand from investors.” It also increased its sales target in a separate announcement yesterday.
Additional Collateral
The European Central Bank on Feb. 9 approved the temporary use of additional collateral in funding operations by seven euro-area members’ central banks including Portugal. It will offer unlimited loans of up to three years against eligible collateral on Feb. 28 that can be used to finance purchases of assets including higher-yielding government debt.
The securities due in February 2013 were sold today at an average yield of 4.943 percent and the auction attracted bids for two times the amount offered, the debt agency said. Portugal had last offered 12-month debt on April 6, 2011, when it sold 455 million euros of the securities at an average yield of 5.902 percent and a bid-to-cover ratio of 2.6. The country requested a bailout later the same day.
Portugal’s borrowing costs on the securities due in August fell to an average yield of 4.332 percent from a rate of 4.463 percent at a previous auction of six-month bills on Feb. 1.
The nation agreed to pay an average 3.845 percent on the three-month debt, compared with 4.068 percent on Feb. 1, when the bid-to-cover ratio was 2.8.
The IGCP, as the debt agency is known, said on Feb. 10 that the total indicative amount for today’s auctions would be between 1.5 billion euros and 2 billion euros. It revised that range yesterday, increasing the amount to between 2.5 billion euros and 3 billion euros.
Portugal has sold 8 billion euros of bills this year. The IGCP said on Dec. 29 that the total indicative amount of bills to be sold in the first quarter of 2012 was as much as 6.5 billion euros.
Portugal’s two-year note yield climbed eight basis points to 13.93 percent as of 12:50 p.m. in London. Ten-year bonds also declined, pushing the yield six basis points higher to 12.09 percent.
--Editors: Paul Dobson, Mark McCord
To contact the reporters on this story: Anabela Reis in Lisbon at areis1@bloomberg.net; Joao Lima in Lisbon at jlima1@bloomberg.net
To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net
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Turkish Stocks Park Elektrik, Petkim, Tofas, Turki
By Benjamin Harvey
Feb. 13 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index climbed 2.1 percent to 60,557.48 at the close in Istanbul, rising the most in almost two weeks.
The following were among the active equities in the Turkish market today. Stock symbols are in parentheses.
Otokar Otomotiv & Savunma Sanayi AS (OTKAR TI), a producer of minibuses, buses, jeeps and military vehicles, added 2.1 percent to 29.80 liras. Otokar profit last year was 54.8 million liras ($31 million), the company said in a filing today, beating market estimates.
Park Elektrik Uretim Madencilik Sanayi & Ticaret AS (PRKME TI), a miner and energy company, jumped 4.6 percent to 4.31 liras, its highest since May 9. The company extended its southeast Turkey mining license to 2037, it said in a filing with the exchange today.
Petkim Petrokimya Holding AS (PETKM TI), Turkey’s sole refiner, increased 3.2 percent to 2.24 liras. The State Oil Co. of Azerbaijan, which owns Petkim, will invest between $350 million and $400 million to build a container port for Petkim in western Turkey by 2014.
Tofas Turk Otomobil Fabrikasi AS (TOASO TI), a manufacturer of vehicles and parts under license from Fiat, gained 3.1 percent to 7.88 liras. ING Groep NV added the stock to its preferred list for the region.
Turk Hava Yollari AO (THYAO TI), or Turkish Airlines, increased 3.4 percent to 2.73 liras. Passenger numbers rose 22 percent in January from a year ago Replica watches, it said in a statement to the exchange today.
--Editors: Ash Kumar, Peter Branton
To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net
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International Paper Takeover Gets Conditional U.S.
By Christopher Donville and Jeff Bliss
(Updates with closing share prices in last paragraph.)
Feb. 10 (Bloomberg) -- International Paper Co., the world’s largest pulp and paper producer Replica watches, won U.S. antitrust approval for its $3.7 billion takeover of Temple-Inland Inc. on condition it sell three containerboard mills.
The settlement requires the divestment of Temple-Inland’s containerboard plants in Waverly, Tennessee, and Ontario, California, the U.S. Department of Justice said today in a statement. International Paper must also sell either its mill in Oxnard, California, or its factory at Henderson, Kentucky. The sales will account for a total of about 950,000 tons of containerboard capacity, the Justice Department said.
Without the asset sales, the takeover would have given Memphis-based International Paper the ability to reduce output and increase U.S. prices of the paper used to make corrugated boxes, the Justice Department said. International Paper is the largest maker of containerboard in North America while Temple- Inland is the third-biggest, it said.
Corrugated boxes made from the material are used to ship more than 90 percent of all goods nationwide, Sharis A. Pozen, the Department of Justice’s acting assistant attorney general and its top antitrust official, said in the statement.
International Paper’s takeover of Temple-Inland will boost its share of North America’s corrugated-packaging market to about 34 percent from 27 percent, Chief Executive Officer John Faraci said today in a telephone interview. In June, when he announced the $32-a-share offer, Faraci said market share would climb to 37 percent.
The approval of the deal effectively caps International Paper’s ability to expand in containerboard in North America through acquisitions, Faraci said. The takeover is expected to bring cost savings of more than $300 million on an annual basis within 24 months, he said.
Temple-Inland increased 0.4 percent to $31.99 at the close in New York. International Paper rose 1.2 percent to $31.85.
--Editors: Simon Casey, Jasmina Kelemen
To contact the reporters on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net; Jeff Bliss in Washington at jbliss@bloomberg.net
To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net
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