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Overnight Market News – July 29, 2009

  • Microsoft Corp and Yahoo Inc Nears Agreement to Online Search and Advertisement Partnership, Expects to Announce Deal Within 24 Hours
  • Honda Motor Co Inc Posts First Quarter Profit of USD 79.8mm Beating Analysts’ Estimates of a Loss, Raises Full Year Forecasts
  • Time Warner Inc Posts Second Quarter Earnings of USD 0.43 per Share and Revenue of USD 6.8B, Beats Estimates of USD 0.37 per Share
  • British Airways Plc to End All Free Meals Except Breakfast on Short-Haul Flights, Saves GBP 22mm per Year
  • Mercedes-Benz Carmaker, Daimler AG Posts Third Consecutive Quarterly Loss of USD 1.5B or USD 0.99 per Share for its Second Quarter
  • Nomura Holdings Inc Posts its First Profit in Six Quarters Reporting Net Income of USD 121mm for its First Quarter
  • Crude Oil Stands at USD 65.66 per Barrel
  • Ethanol Stands at USD 1.69 per Gallon
  • Natural Gas Stands at USD 3.48 per British Thermal Unit (Btu)
  • Gold Stands at USD 938.70 per Troy Ounce
  • Dow Jones Industrial Average Falls 11.79 Points (-0.13%)
  • London FTSE Index Rises 33.79 Points (0.75%)
  • Japan Nikkei Index Rises 25.98 Points (0.26%)
  • Hong Kong Hang Seng Index Falls 489.04 Points (-2.37%)
  • Brazil Bovespa Index Falls 77.45 Points (-0.14%)
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