The Faber Report

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09/08/11--18:00: Yahoo Hires UBS, Allen to Navigate Tough Times (chan 2515628)

Yahoo has hired UBS and Allen and Co. to help it navigate a period in which it is dealing with an activist shareholder and trying to determine ways it can enhance value, according to people close to the company. While the investment banks have not been hired to try and find buyers for the company, they will also help the board navigate any offers, should any arise.


09/15/11--09:17: Why BofA Is Exiting HCA Stake (chan 2515628)

Bank of America is selling roughly $1.5 billion worth of stock in hospital operator HCA Holdings to the company.


09/20/11--13:04: Netflix's Self-Inflicted Wound (chan 2515628)

For years, short-sellers have crawled all over Netflix, convinced the company’s shares were overvalued versus its expected growth path. And for years, they closed their short positions and went home with plenty of pain and no profits. That they would eventually be proved right in some measure certainly seemed plausible.


10/05/11--08:22: Energy Sector Has Undergone 'Tectonic Change': CEO (chan 2515628)

The energy industry has undergone a “tectonic change,” shifting from a focus on conventional reservoirs to focusing on unconventional reservoirs, Will VanLoh, president and CEO of Quantum Energy Partners, told CNBC Wednesday.


10/06/11--11:07: Outcome of Euro Zone Crisis Still Impossible to Predict (chan 2515628)

Despite the significant cerebral power of those in attendance at the Barefoot Economic Summit, even if one adheres to a likely scenario of events, the outcome of euro zone debt crisis is still impossible to predict.


10/11/11--09:26: Economist Nouriel Roubini's Firm Is For Sale (chan 2515628)

Roubini Global Economics, the economics research firm begun by noted economist Nouriel Roubini, is for sale, according to sources who have been approached by an investment bank conducting an auction for the firm.


10/21/11--09:39: Wealth Funds May Invest if Europe Finds Debt Solution: China Fund Exec (chan 2515628)

If the European Union works out a "credible, convincing debt program," sovereign wealth funds may see it as an opportunity to invest, Jin Liqun, chairman of the board of supervisors for China Investment Corporation, told CNBC Friday.


11/22/11--07:11: HP Faces 'Headwinds Heading Into 2012': Meg Whitman (chan 2515628)

“I’m optimistic that we’ll be able to turn this around, but we have some real headwinds going into 2012, and that’s why I felt it was prudent to guide conservatively and lay out for the investor community the challenges that this company is facing," Meg Whitman, president and CEO of HP, told CNBC Tuesday.