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Overnight Market News – July 17, 2009

 
  • Bank of America Corp Posts Second Quarter Profit of USD 3.4B or USD 0.33 per share, Topping Estimates of USD 0.28 per share
  • General Electric Co’s Second Quarter Profit Declines by Almost Half to USD 2.67B or USD 0.26 per Share, Still Ahead of Analysts’ Estimates of USD 0.24 per Share
  • British Airways Plc to Raise USD 979mm Through Bondholder Debt and Bank Credit to Shore Up Balance Sheet
  • Belgian Financial Investor RHJ International Makes USD 387.8mm Offer for 50.1% Stake in General Motors Corp’s Adam Opel GmbH
  • French Carmaker, Renault SA, Says Global Car Sales Fell 16.5% to 1.11mm Cars in the First Half of the Year Compared to a Year Ago
  • Singapore’s Non-Oil Domestic Exports Fell 11% in June from a Year Earlier, the Smallest Decline in Nine Months
  • Crude Oil Stands at USD 61.85 per Barrel
  • Ethanol Stands at USD 1.59 per Gallon
  • Natural Gas Stands at USD 3.59 per British Thermal Unit (Btu)
  • Gold Stands at USD 934.90 per Troy Ounce
  • Dow Jones Industrial Average Rises 95.61 Points (1.11%)
  • London FTSE Index Rises 39.80 Points (0.91%)
  • Japan Nikkei Index Rises 51.16 Points (0.55%)
  • Hong Kong Hang Seng Index Rises 443.79 Points (2.42%)
  • Brazil Bovespa Index Rises 621.54 Points (1.21%)
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