Overnight Market News – June 25, 2009
- AIG Announces Divestment of 2 Life Insurance Units to Reduce Debt to Federal Reserve Bank of New York by USD 25B, Units Positioned for IPOs
- IMF Sees Ireland’s Economy Contracting 13.5% Between 2008 and 2010, Irish Banks Likely to Face Losses of Up to EUR 35B Through 2010
- BP Plc Appoints Ericsson CEO Carl-Henric Svanberg as New Chairman, to Take Office in 2010
- Nike Inc Beats Estimates with Fiscal Fourth Quarter Profit of USD 0.99 per share (Excluding One-Off Items) vs Earnings per Share of USD 0.98 (yoy)
- Swedish Clothing Retailer Hennes & Mauritz AB (H&M) Reports 6.4% Increase in Second Quarter Profit to USD 534mm on 23% Jump in Sales
- Crude Oil Stands at USD 68.67 per Barrel
- Ethanol Stands at USD 1.77 per Gallon
- Natural Gas Stands at USD 3.76 per British Thermal Unit (Btu)
- Gold Stands at USD 934.10 per Troy Ounce
- Dow Jones Industrial Average Falls 23.05 Points (-0.28%)
- London FTSE Index Falls 20.24 Points (-0.47%)
- Japan Nikkei Index Rises 205.76 Points (2.15%)
- Hong Kong Hang Seng Index Rises 382.88 Points (2.14%)
- Brazil Bovespa Index Falls 141.46 Points (-0.28%)
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