Overnight Market News – May 28, 2009
- OPEC Leaves Oil Output Unchanged After Meeting, Sees Target of USD 75.00 to USD 80.00 per Barrel by Year’s End
- Auto Parts Makers Visteon Corp and Metaldyne Corp File for Chapter 11 Bankruptcy on US Operations as Auto Industry Crisis Persists
- Costco Wholesale Corp Third Quarter Profit Dips 30% to USD 209.6mm on Weak Consumer Spending
- Japan’s Retail Sales Rise 0.6% in April Over March, Improvement Likely to be Short-Lived
- South Korea’s Current Account Surplus Falls Slightly to USD 6.51B in April from Record USD 6.64B in March
- Sugar and Sweeteners Company Tate & Lyle PLC Annual Profit Down 67% to GBP 65mm on Hefty Charges on US Operations
- Crude Oil Stands at USD 63.45 per Barrel
- Ethanol Stands at USD 1.81 per Gallon
- Natural Gas Stands at USD 3.64 per British Thermal Unit (Btu)
- Dow Jones Industrial Averages Falls 173.47 Points (-2.05%)
- London FTSE Index Falls 45.91 Points (-1.04%)
- Japan Nikkei Index Rises 12.62 Points (0.13%)
- Hong Kong Hang Seng Index Rises 893.71 Points (5.26%)
- Brazil Bovespa Index Falls 49.19 Points (-0.09%)
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This entry (permalink) was posted on Thursday, May 28, 2009, at 4:29 am by admin. Filed in Finance and tagged Chapter 11 Bankruptcy, Costco, Japan Retail Sales, Metaldyne, OPEC, Overnight Market News, Tate & Lyle, Visteon.
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