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Overnight Market News – May 19, 2009

 
  • US Banks Including Goldman Sachs Group Inc, Morgan Stanley Apply to Repay TARP Funds
  • American Express Co to Cut 4,000 Jobs or 6% of Workforce As More Customers Default in Slumping Economy
  • World Bank Says Pace of Global Economic Contraction Slowing, Recovery Could Begin at End of 2009
  • Mobile Phone Company Vodafone to Accelerate GBP 1B Cost-Cutting Plan
  • Mitsubishi UFJ Financial Group, Inc Forecasts Rebound to Profit of JPY 300B for Year-Ended March 31 (YE 2009/2010) Following JPY 257B Loss yoy
  • The Home Depot Inc Posts Better-than-Expected First-Quarter Profit of USD 0.30 per Share vs USD 0.21 per Share yoy
  • Crude Oil Stands at USD 59.99 per Barrel
  • Ethanol Stands at USD 1.79 per Gallon
  • Natural Gas Stands at USD 4.173 per British Thermal Unit (Btu)
  • Dow Jones Industrial Average Rises 235.44 Points (2.85%)
  • London FTSE Index Rises 43.50 Points (0.98%)
  • Japan Nikkei Index Rises 251.60 Points (2.78%)
  • Hong Kong Hang Seng Index Rises 521.12 Points (3.06%)
  • Brazil Bovespa Index Rises 2,455.81 Points (5.01%)
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