Pimp Down! Amy Winehouse has checked into a private hospital in London after falling ill with flu-like symptoms. The singer is recuperating at the same hospital back where she had breast augmentation surgery nearly two years ago. She was rushed to the same hospital a year later after she was injured in a druken fall, [...]
Posts Tagged ‘Brazil’
Cee-Lo Amy Winehouse Duet
Singer/songwriter Cee-Lo Green is teaming up to make musical magic with “Rehab” Comeback Kid Amy Winehouse. Green — who’s up for a Song of the Year Grammy for his 2010 smash “Forget You” — is collaborating with the five-time Grammy winner, who staged a musical comeback with a raved-about concert in Brazil earlier this month. [...]
Edward & Bella Sex Scene “Twilight Breaking Dawn†Promo
It looks like an image from one of those smutty movies you pick up from behind the beaded curtain in a seedy adult bookstore, but it’s actually a sneak peek at the the highly anticipated sex scene from The Twilight Saga: Breaking Dawn Part 1 — the first installment of the two-part finale (Finally! Thank [...]
Brazil’s flooding death toll tops 500
More than 500 people are now known to have died in one of Brazil’s worst natural disasters in decades. Raging floods and landslides have left a trail of destruction through the mountainous Serrana region near Rio de Janeiro.
Noble +4.0%; Recent developments positive – Kim Eng
Today’s rise continues the stellar 15.7% gain from December 20’s close of $2.04, just before Noble announced its US$950 million ($1.23 billion) acquisition of two sugar cane mills in Brazil.
“Battisti case won’t damage Brazil ties”
A row over the extradition of a former left-wing militant will not damage Rome’s relations with Brazil, according to Prime Minister Silvio Berlusconi. The Italian leader spoke out after meeting the son of one of Cesare Battisti’s victims, who was himself crippled in the shootout in which his father died.
Nuts too can pile on the pounds
Swapping a chocolate bar for a handful of healthy nuts is no insurance against piling on the pounds. Research shows that dieters who snack on nuts, seeds or dried fruit could actually be putting on weight, rather than losing it. Nuts and seeds often contain unhealthy amounts of saturated fat, while dried fruit is usually [...]
Brazil has first woman president
There was an emotional handover of power in Brazil, from the country’s most popular president, to the country’s first ever woman president, euronews reports. Tens of thousands braved the rain in the capital Brasilia to wave goodbye to Lula da Silva and welcome his protégé Dilma Rousseff.
Diplomatic tussle between Italy and Brazil
Italy has roundly condemned Brazil’s decision not to extradite a former far-left militant convicted of a string of murders in the 1970’s.
Cesare Battisti escaped from an Italian prison in 1981 and lived in France for many years. But he was forced to flee when Paris approved his extradition in 2007.
“There’s a Huge Difference Between What is Good for American Companies Versus What is Good for the American Economy”
As I wrote last year:Some of the top economists say that America has suffered a permanent loss of jobs:JPMorgan Chase’s Chief Economist Bruce Kasman told Bloomberg:[We've had a] permanent destruction of hundreds of thousands of jobs in industries…
Noble wants to be sole owner of its Brazil cane ops
Noble’s (NOBG.SI) purchase of two cane mills in Brazil this week, the latest addition to its fast-rising cane processing capacity, reflects its go-it-alone approach that sets it apart from competitors that are partnering with local companies, the group’s CEO said on Thursday.
Asia’s biggest commodities trader has agreed to pay $950 million ($1.24 billion) for two sugar and ethanol facilities owned by Brazilian group Cerradinho.
Noble Group +2.5%; Brazil mills deemed positive
Noble Group (N21.SG) is +2.5% at $2.09 on the prospect of a boost to earnings from 2 sugar cane mills in Brazil it’s paying US$950 million ($1.25 billion) to acquire.
Both mills generated a combined net profit of $64.9 million for the FY ended April.
DMG, which has a Buy call with a $2.58 target, says while the consideration is expensive as it’s priced at 25x P/E, the move is positive, with rising sugar prices suggesting stronger earnings prospects.
Noble confirms Brazil mills buy in $1.2b deal
Noble Group (NOBG.SI), Asia’s largest commodities trader, said on Monday it has signed a US$950 million ($1.2 billion) deal to purchase two sugar mills from Brazilian and ethanol group Cerradinho Holding.
The Singapore-listed firm told the bourse the two mills will increase Noble’s total annual sugarcane crushing capacity to 17.5 million tonnes, after a Brazilian newspaper reported of the takeover bid last week.
Noble Brazil buy likely earnings accretive: Analyst
Noble (N21.SG) is down 0.5% at $2.06, unmoved by a Brazilian media report that Noble will buy 2 mills from Grupo Cerradinho for around US$941 million ($1.2 billion).
“There isn’t much of a reaction in the market due to a few reasons. The valuation isn’t out, and without that it’s all just an abstract thing. But my view is that the chances of it being earnings accretive are quite high,” says an analyst at a local brokerage.
Noble off 0.5%; Brazil mill price key issue: Analyst
Noble Group (N21.SG) is down 0.5% at $2.06 vs the STI’s 0.3% rise in a muted reaction to a Brazilian media report that Noble will acquire 2 mills belonging to ethanol producer Grupo Cerradinho for BRL1.6 billion (around US$1.2 billion).
The report says Noble will pay BRL600 million in cash and assume BRL1 billion of debt. “Sugar is a very good place to be from a long term perspective,” says an analyst.
Keppel off 0.9%; Petrobras cancellation report
Keppel Corp. (BN4.SG) off 0.9% at $10.88 and SembCorp Marine (S51.SG) +0.2% at $5.09 after offshore & marine newspaper Upstream reports Petrobras is set to cancel a tender for chartered ultra-deepwater rigs, which would be built in Brazil (the tender’s Section C), after receiving bid prices more than 20% above average global rates.






Weekend Comment Dec 10: Switch from bonds to equity, says Nomura’s Darby
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