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Overnight Market News – September 15, 2009

 
  • Citigroup Inc Explores Options to Offload US Government’s 34% Interest in the Bank, May Raise Capital Through Stock Offering
  • Bank of England to Consider Lowering Deposit Rate for Reserves to Spur Lending
  • General Electric Co Acquires Norwegian Firm ScanWind as it Seeks to Penetrate Growing Offshore Wind Market
  • US Federal Judge Throws Out the Securities & Exchange Commission’s (SEC) Proposed USD 33mm Settlement with Bank of America Corp Over Merrill Lynch Bonuses, Sets New Trial Date
  • Air France-KLM Considers Making Investment in Japan Airlines Corp, Delta Airlines Inc and American Airlines in Separate Talks with the Loss-Making Carrier
  • Drug Maker, Eli Lilly & Co Plans to Cut 5,500 Jobs or 14% of its Workforce by 2011 in Effort to Save USD 1B Annually
  • Crude Oil Stands at USD 68.86 per Barrel
  • Ethanol Stands at USD 1.71 per Gallon
  • Natural Gas Stands at USD 3.30 per British Thermal Unit (Btu)
  • Gold Stands at USD 999.90 per Troy Ounce
  • Dow Jones Industrial Average Rises 21.39 Points (0.22%)
  • London FTSE Index Falls 8.68 Points (-0.17%)
  • Japan Nikkei Index Rises 15.56 Points (0.15%)
  • Hong Kong Hang Seng Index Falls 65.83 Points (-0.31%)
  • Brazil Bovespa Index Rises 501.17 Points (0.86%)
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