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Overnight Market News – August 27, 2009

 
  • Economists Expect US Commerce Report to Show that the Economy Shrank at an Annualized Rate of 1.5% in Q02 2009 vs US Government’s Projection of a 1% Contraction
  • French Bank, Credit Agricole SA More than Doubles Second Quarter Net Income to EUR 201mm (USD 286mm) on Fewer Writedowns
  • Spirits-Maker, Diageo PLC Posts 7% Increase in Full-Year Net Profit to GBP 1.62B, Trims 2010 Earnings Guidance on Economic Concerns
  • China’s Biggest Bank by Assets, Bank of China Ltd Half-Year Profit Slips 2.5% to CNY 41.1B (USD 6B) on Reduced Margins
  • Toll Brothers Inc, the US’ Biggest Luxury Homebuilder, Widens Third Quarter Loss to USD 2.93 per Share from USD 0.18 a Year Ago on Hefty Taxation and Reduced Demand
  • Crude Oil Stands at USD 71.43 per Barrel
  • Ethanol Stands at USD 1.73 per Gallon
  • Natural Gas Stands at USD 2.91 per British Thermal Unit (Btu)
  • Gold Stands at USD 944.30 per Troy Ounce
  • Dow Jones Industrial Average Rises 4.23 Points (0.04%)
  • London FTSE Index Rises 1.51 Points (0.03%)
  • Japan Nikkei Index Falls 165.74 Points (-1.56%)
  • Hong Kong Hang Seng Index Falls 213.57 Points (-1.04%)
  • Brazil Bovespa Index Rises 344.26 Points (0.6%)
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