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Overnight Market News – May 12, 2009

 
  • Bank of America Corp Raises USD 7.3B from Sale of Stake in China Construction Bank Corp
  • The European Union (EU) Will Conduct Stress Tests on its Banking Sector by September 2009 to Determine Capital Adequacy
  • China’s Exports Fall 22.6% in April (yoy), While Factory Investments Surge 30.5% (ytd)
  • Australia’s Budget Deficit Balloons to Record USD 44B on Recession
  • European Aeronautic, Defence & Space Co Reports 40% Decline in Q01 2009 Net Profit to EUR 170mm on Fewer Plane Deliveries
  • Nissan Motor Corp Posts Annual Loss of JPY 233.71B vs. Profit of JPY 482.26 as Global Sales Plummet
  • Crude Oil Stands at USD 58.50 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 Averages Falls 155.88 Points (-1.82%)
  • London FTSE Index Rises 6.10 Points (0.14%)
  • Japan Nikkei Index Falls 153.37 Points (-1.62%)
  • Hong Kong Hang Seng Index Rises 65.69 Points (0.38%)
  • Brazil Bovespa Index Falls 419.60 Points (-0.82%)
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