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Overnight Market News – May 11, 2009

 
  • Centrica to Purchase 20% Stake in British Energy for GBP 2.3B
  • HSBC Writes Off USD 2.4B on US Subprime Mortgage, Consumer Lending Operations, US Bad Debts Less Than Q04 2008
  • 3i Group Plc Plans GBP 700B Rights Offering After Net Asset Value Plummets 50%
  • Intel Bracing to Pay Fine for Anti-Competitive Behavior
  • China’s Consumer Prices Decline 1.5% in April (ytd), Third Straight Monthly Decline
  • US Economic Growth to Peak in Q01 2010, According to Survey of Top Forecasters
  • Crude Oil Stands at USD 57.46 per Barrel
  • Ethanol Stands at USD 1.78 per Gallon
  • Natural Gas Stands at USD 4.30 per British Thermal Unit (Btu)
  • Dow Jones Industrial Average Rises 164.80 Points (1.96%)
  • London FTSE Index Rises 63.41 Points (1.44%)
  • Japan Nikkei Index Rises 47.13 Points (0.50%)
  • Hong Kong Hang Seng Index Rises 171.98 Points (1.00%)
  • Brazil Bovespa Index Rises 1,337.93 Points (2.67%)
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