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Overnight Market News – June 26, 2009

 
  • UBS AG Raises USD 3.5B of New Capital in Share Sale, Expects Losses to Continue in Second Quarter
  • Global Mergers and Acquisitions (M&A) Drop More Than Half in Second Quarter in 2009 (Q02 2009), the Slowest Q02 in Six Years
  • China’s National Development and Reform Commission Likely to Block Hummer Acquisition by Local Firm, Sichuan Tengzhong Heavy Industrial Machinery, Environmental Concerns Cited as Major Reason
  • Australian Airline, Qantas Airways Ltd Cancels Half of 30 Plane Order for Boeing Co’s 787 Dreamliner on Falling Demand for International Travel
  • Visa Inc’s Brazilian Affiliate, VisaNet Raises USD 3.4B in Initial Public Offering (IPO), World’s Largest IPO in More Than a Year
  • Crude Oil Stands at USD 71.07 per Barrel
  • Ethanol Stands at USD 1.77 per Gallon
  • Natural Gas Stands at USD 3.86 per British Thermal Unit (Btu)
  • Gold Stands at USD 945.00 per Troy Ounce
  • Dow Jones Industrial Average Rises 172.54 Points (2.08%)
  • London FTSE Index Rises 4.28 Points (0.10%)
  • Japan Nikkei Index Rises 81.32 Points (0.83%)
  • Hong Kong Hang Seng Index Rises 325.23 Points (1.78%)
  • Brazil Bovespa Index Rises 1,842.69 Points (3.71%)
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