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Overnight Market News – May 22, 2009

BankUnited Financial Corp Fails, to Cost US Federal Deposit Insurance Corp Approximately USD 4.9B
UK Gross Domestic Product (GDP) Contracts 1.9% in Q01 2009 on Record Declines in Consumer Spending and Production
Bank of Japan Upgrades Economic Outlook, Holds Key Interest Rate Unchanged
British Airways Plc Posts Record Annual Net Loss of GBP 375mm vs Net Income of GBP 712mm (yoy)
General Motors Corp Reaches New Deal with United Auto Workers (UAW) Union, Other Obstacles Remain as Deadline Nears
Gap Inc Reports 14% Drop in First Quarter Profits to USD 215mm on Slump in Consumer Demand
Crude Oil Stands at USD 61.05 per Barrel
Ethanol Stands at USD 1.80 per Gallon
Natural Gas Stands at USD 3.60 per British Thermal Unit (Btu)
Dow Jones Industrial Average Falls 129.91 Points (-1.54%)
London FTSE Index Rises 35.19 Points (0.81%)
Japan Nikkei Index Falls 38.34 Points (-0.41%)
Hong Kong Hang Seng Index Falls 136.97 Points (-0.80%)
Brazil Bovespa Index Falls 1,157.76 Points (-2.26