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Carney defends BoE against critics furious at Brexit remark

  Bloomberg Mark Carney defended the Bank of England against political critics furious at his warnings about the dangers posed by a European Union exit, and described the British economy as facing similar uncertainty to the early 1990s. “We’re taking a judgment as a committee, and we’re changing policy because of it, we’re putting out billions of pounds of liquidity …

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Former London Mayor compares EU to Hitler

  LONDON / AP Ex-London Mayor Boris Johnson has compared the European Union’s aims to those of Adolf Hitler, arguing that the 28-nation bloc is creating a superstate that mirrors the attempt of the Nazi leader to dominate the European continent. Johnson, the most prominent political figure arguing that Britain should leave the EU, says the past 2,000 years of …

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Carney sees UK in early 1990s quandary

  Bloomberg Mark Carney defended the Bank of England against political critics furious at his warnings about the dangers posed by a European Union exit, and described the British economy as facing similar uncertainty to the early 1990s. “We’re taking a judgment as a committee, and we’re changing policy because of it, we’re putting out billions of pounds of liquidity …

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S&P 500 valuation tool shows 2007 peak a long way away

  Bloomberg A year of profit stagnation has left the S&P 500 Index’s price-earnings ratio flirting with some of its highest readings since the Internet bubble. Judged against bonds, though, stocks remain stubbornly cheap. Plotting the index’s per-share earnings against the yield on the 10-year Treasury note, a technique sometimes referred to as the Fed Model, shows the S&P 500 …

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Williams says energy transfer trying to dodge 2015 merger terms

  Bloomberg Williams Cos. said Energy Transfer Equity LP is breaching a merger agreement “through a pattern of delay and obstruction” and asked a court in Delaware to prevent the pipeline operator from terminating the deal. Energy Transfer — which offered $43.50 a share, or $37.7 billion, for rival Williams in September — said May 5 that the multibillion-dollar takeover …

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GN Store Nord to pay $151mn for Audigy

  Bloomberg GN Store Nord A/S, the world’s third-largest listed producer of hearing aids, signed a conditional agreement to buy Audigy Group LLC in a deal that could value the U.S. audiology and hearing services company at as much as $151 million. GN will pay $91 million up front and as much as $60 million more depending on Audigy’s financial …

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