Overnight Market News – May 14, 2009
- Global Banks Sue Bond Insurer MBIA Inc Over Decision to Restructure Business Resulting in Insolvency of Key Unit
- Wal-Mart Stores Inc Meets Expectations with Fiscal Q01 2009 Earnings of USD 0.77 per Share up from USD 0.76 per Share (yoy)
- UK Telecommunications Company, BT Group Plc Cuts Dividend and 15,000 More Jobs After GBP 1.58B Writedown
- Sony Corp Reports First Annual Loss in 14 Years of JPY 98.9B vs. Profit of JPY 369.4B (yoy)
- France’s Credit Agricole SA Posts 77% Drop in Q01 2009 Profit to EUR 202mm on Loan Provisions
- SabMiller Plc Reports 7% Decline in Annual Net Income to USD 1.88B on Weak Global Demand for Beer
- Crude Oil Stands at USD 58.02 per Barrel
- Ethanol Stands at USD 1.82 per Gallon
- Natural Gas Stands at USD 4.33 per British Thermal Unit (Btu)
- Dow Jones Industrial Averages Falls 184.22 Points (-2.18%)
- London FTSE Index Rises 12.12 Points (0.28%)
- Japan Nikkei Index Falls 246.76 Points (-2.64%)
- Hong Kong Hang Seng Index Falls 517.93 Points (-3.04%)
- Brazil Bovespa Index Falls 1,646.59 Points (-3.27%)
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This entry (permalink) was posted on Thursday, May 14, 2009, at 11:33 pm by admin. Filed in Finance and tagged BT Group, Credit Agricole, Market News, MBIA Inc, Overnight Market News, Overnight Markets, SabMiller, Sony.
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