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Overnight Market News – May 20, 2009

 
  • Bank of America Corp Raises 13.47B from Share Sale After Stress Tests
  • Obama Administration Said to Consider Removing Some Duties from Securities and Exchange Commission (SEC), Giving Fed More Authority
  • Hewlett-Packard Co Quarterly Earnings Fall 17% Beating Expectations, Still Cuts Full-Year Outlook and Reduces Workforce by 6,400
  • Japan’s Economy Plunges by Record 4% (15.2% Annual Pace) for First Quarter
  • General Motors Corp Anticipating Three Bids for its German Automaker Opel
  • Petroleo Brasiliero SA Negotiating Additional Loans with China
  • Crude Oil Stands at USD 60.47 per Barrel
  • Ethanol Stands at USD 1.81 per Gallon
  • Natural Gas Stands at USD 3.88 per British Thermal Unit (Btu)
  • Dow Jones Industrial Average Falls 29.23 Points (-0.34%)
  • London FTSE Index Falls 27.40 Points (-0.61%)
  • Japan Nikkei Index Rises 54.35 Points (0.59%)
  • Hong Kong Hang Seng Index Falls 68.19 Points (-0.39)
  • Brazil Bovespa Index Falls 116.41 Points (-0.23%)
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