Overnight Market News – May 15, 2009
- Eurozone Economies Shrink 2.5% in First Quarter, Most Since 1995
- General Motors Corp Close to Agreement with United Anto Workers Union (UAW) to Cut Labor Costs by Over USD 1B per Year
- Panasonic Corp Forecasts Larger-Than-Expected Annual Loss Following First-Quarter Net Loss of JPY 444.3B vs Net Profit of JPY 61.6B yoy
- Temasek Holdings Pte Sells Its 3.5% Holding in Bank of America Corp (BAC) at an Estimated Loss of USD 4.6B
- Rio Tinto Group Reaffirms its Commitment to Planned USD 19.5B Investment Deal with Chinalco
- Nike Inc to Cut Approximately 1,750 Jobs or 5% of Global Workforce
- Crude Oil Stands at USD 58.20 per Barrel
- Ethanol Stands at USD 1.82 per Gallon
- Natural Gas Stands at USD 4.26 per British Thermal Unit (Btu)
- Dow Jones Industrial Average Rises 46.43 Points (0.56%)
- London FTSE Index Falls 2.89 Points (-0.07%)
- Japan Nikkei Index Rises 171.29 Points (1.88%)
- Hong Kong Hang Seng Index Rises 249.01 Points (1.51%)
- Brazil Bovespa Index Rises 766.83 Points (1.58%)
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This entry (permalink) was posted on Friday, May 15, 2009, at 7:29 am by admin. Filed in Finance and tagged Dow Jones, Eurozone, General Motors, Hong Kong Hang Seng, Japan Nikkei, Market News, Nike, Overnight Market, Overnight Markets, Panasonic, Rio Tinto, Temasek Holdings.
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