Dietrich Says U.S. Stocks Are `Decoupling' From Economy
July 22 (Bloomberg) -- Paul Dietrich, chief executive officer of Foxhall Capital Management Inc., talks about the U.S. and Chinese economies, corporate earnings, U.S. and Brazilian stocks, and some of his picks.
He speaks with Matt Miller, Lisa Murphy, Julie Hyman, Sheila Dharmarajan and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Vendetti Sees Consolidation Across Health-Care Industry
July 22 (Bloomberg) -- Anthony Vendetti, director of research at Maxim Group LLC, talks about Express Scripts Inc.'s agreement to buy Medco Health Solutions Inc. and the outlook for consolidation in the health-care industry.
Express Scripts agreed to purchase Medco for $29.1 billion in the largest deal in at least a decade among U.S. companies that manage prescription-drug benefits. Vendetti talks with Lisa Murphy and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
U.S. Tech Stocks Rise, Caterpillar Weighs on Dow Average
July 22 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today.
U.S. technology stocks rallied on improving earnings, sending the Nasdaq-100 Index to a 10-year high and extending a weekly gain for the Standard & Poor's 500 Index, while lower-than-estimated results at Caterpillar Inc. dragged the Dow Jones Industrial Average lower. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)
Sozzi Says Heat Wave Will Delay Back-to-School Sales
July 22 (Bloomberg) -- Brian Sozzi, an analyst at Wall Street Strategies Inc., talks about Wal-Mart Stores Inc.'s Web site and online strategy.
Sozzi also discusses his investment strategy. He speaks with Matt Miller, Lisa Murphy and Hitha Prabhakar on Bloomberg Television's "Street Smart." (Source: Bloomberg)
UAW's King Says Ford Not at Disadvantage in Negotiations
July 22 (Bloomberg) -- Bob King, president of the United Auto Workers union, talks about the outlook for contract talks with U.S. automakers beginning with Ford Motor Co. next week.
He talks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Lepselter Sees NFL Labor Settlement in `Couple of Days'
July 22 (Bloomberg) -- Mark Lepselter, president of Maxx Sports & Entertainment, and Bloomberg contributing sports editor Rick Horrow talk about approval of a 10-year labor agreement by National Football League team owners.
Kevin Mawae, head of the NFL Players Association, said in a statement today that his group is reviewing the owners' settlement terms and the process for union recertification, without mentioning any vote. Lepselter and Horrow speak with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Johnson Calls Closed-Door U.S. Debt Limit Talks `Absurd'
July 22 (Bloomberg) -- U.S. Senator Ronald Johnson, a Republican from Wisconsin, talks about the outlook for bipartisan negotiations on an agreement for raising the U.S. debt limit.
House Speaker John Boehner said he and the White House are "not close to an agreement" on raising the U.S. debt ceiling following a meeting with House Republicans in which Boehner's mood was described as gloomy. Johnson speaks with Lizzie O'Leary on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Barofsky Says U.S. Banks Are Still `Too Big to Fail'
July 22 (Bloomberg) -- Neil Barofsky, former special inspector general for the Troubled Asset Relief Program, talks about the impact of the Dodd-Frank Act on the financial industry one year after its passage.
Barofsky speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)
Foran Likes U.S. Bancorp, Capital One, Regions Financial
July 22 (Bloomberg) -- Brian Foran, an analyst at Nomura Securities International Inc., talks about the outlook for U.S. regional banks and some of his picks including U.S. Bancorp, Capital One Financial Corp. and Regions Financial Corp.
He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
Estrich Says TCW `Very Confident' in Gundlach Case
July 22 (Bloomberg) -- Susan Estrich, a lawyer representing TCW Group Inc., discusses the outlook for the start of next week's trial in Los Angeles involving the company and its former investment chief Jeffrey Gundlach.
TCW must face claims in court by Gundlach that he was fired in 2009 so the company wouldn't have to pay him as much as $1.25 billion in management and performance fees. (Source: Bloomberg)
Riley Says Summit Brought Europe 'Back From the Brink'
July 22 (Bloomberg) -- David Riley, head of global sovereign ratings at Fitch Ratings, talks about the new bailout package for Greece agreed by euro-area leaders in Brussels.
He speaks with Andrea Catherwood on Bloomberg Television's "Last Word."
Graiser Says Border's Retail Spaces Attracting Interest
July 22 (Bloomberg) -- Andy Graiser, co-president of DJM Realty, talks about the outlook for Borders Group Inc.'s retail properties as a result of the company's liquidation and the state of the commercial real-estate market.
DJM Realty plans to auction 259 Borders leases in two separate sales, probably in August and September. Graiser speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)
Meli Says Conditions `Ripe' for Third-Quarter Buybacks
July 22 (Bloomberg) -- Jeffrey Meli, credit strategist at Barclays Capital, talks about the outlook for corporate activity, including share buybacks and mergers and acquisitions, once macro-volatility concerns lessen in the U.S. and Europe.
Meli speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)
Popowics Says McDonald's Fundamentals Are Healthy
July 22 (Bloomberg) -- Dan Popowics, a portfolio manager at Fifth Third Asset Management, talks about McDonald's Corp.'s second-quarter earnings and outlook.
The world's largest restaurant chain said profit climed 15 percent, topping analysts' forecasts, to $1.41 billion or $1.35 a share. Popowics speaks with Julie Hyman on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)
