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Overnight Market News – June 8, 2009

 
  • Ireland Sees Credit Rating Cut for Second Time This Year by Standard & Poor’s to AA from AA+
  • Three Indiana State Pension Funds Ask US Supreme Court to Block Chrysler LLC’s Sale to Group Let by Fiat SpA
  • Global Airline Industry Expected to Lose USD 9B This Year, Double the Forecast in March
  • Tribune Co and its Creditors in Early Talks for Reorganization Plan Likely to Transfer Control of the Conglomerate to Group of Large Banks and Investors
  • General Mills Expects Fiscal 2009 Earnings to Exceed Previous Forecast of USD 3.87 a Share to USD 3.89 a Share by Several Cents
  • Japan’s Corporate Bankruptcies Decline for First Time in a Year by 6.7% to 1,203 Cases
  • Crude Oil Stands at USD 67.53 per Barrel
  • Ethanol Stands at USD 1.87 per Gallon
  • Natural Gas Stands at USD 3.80 per British Thermal Unit (Btu)
  • Dow Jones Industrial Average Rises 12.89 Points (0.15%)
  • London FTSE Index Falls 54.74 Points (-1.23%)
  • Japan Nikkei Index Rises 97.62 Points (1.00%)
  • Hong Kong Hang Seng Index Falls 426.14 Points (-2.28%)
  • Brazil Bovespa Index Falls 122.89 Points (-0.23%)
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