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Overnight Market News – June 12, 2009

 
  • Barclay’s Plc Agrees to Sell BGI Investment Unit to BlackRock Inc for USD 13.5B, Creating World’s Largest Asset Manager
  • European Industrial Output Declines by Record 21.6% in April Year-Over-Year on Persistent Slump in Demand
  • Luxury Sportscar Maker Koenigsegg to Purchase General Motors Corp’s Saab Brand
  • China’s Industry Output Rebounds to 8.9% vs 7.3% in April, Retail Sales up 15.3% in the Year to May
  • NEC Electronics Foresees JPY 20B (USD 204.6mm) Operating Loss for April to June Quarter on Weak Sales
  • Toshiba Corp to Incur USD 307mm in Costs to Shut Down Old Chip System
  • Crude Oil Stands at USD 72.68 per Barrel
  • Ethanol Stands at USD 1.88 per Gallon
  • Natural Gas Stands at USD 3.93 per British Thermal Unit (Btu)
  • Gold Stands at USD 961.30 per Troy Ounce
  • Dow Jones Industrial Average Rises 31.90 Points (0.37%)
  • London FTSE Index Falls 11.72 Points (-0.26%)
  • Japan Nikkei Index Rises 154.49 Points (1.55%)
  • Hong Kong Hang Seng Index Rises 98.65 Points (0.52%)
  • Brazil Bovespa Index Rises 253.80 Points (0.48%)
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