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Overnight Market News – September 23, 2009

 
  • Moody’s Investors Services Raises Brazil’s Credit Rating to Investment Grade, Increasing Rating One Level to Baa3 on “Strong Economic and Financial Resilience”
  • Yahoo! Inc Expects to Increase Market Share in Asia in Upcoming Year, Company to Roll Out Record Global Marketing Campaign Worth USD 100mm
  • Cadbury Plc’s Chief Executive Officer Says 15 Times Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) May Be Fair Price for Kraft Food Inc’s Deal
  • Bank of America Corp and JPMorgan Chase & Co to Reduce and Eliminate Overdraft Fees on Widespread Criticism of the Industry’s Excessive Fees
  • Areva SA, Maker of Nuclear Reactors Receives Three Offers of Less that EUR 4B (USD 5.9B) for its Transmission and Distribution Unit
  • Crude Oil Stands at USD 71.21 per Barrel
  • Ethanol Stands at USD 1.74 per Gallon
  • Natural Gas Stands at USD 3.66 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,016.20 per Troy Ounce
  • Dow Jones Industrial Average Rises 21.47 Points (0.23%)
  • London FTSE Index Rises 20.08 Points (0.39%)
  • Japan Nikkei Index Falls 73.26 Points (-0.70%)
  • Hong Kong Hang Seng Index Falls 105.62 Points (-0.49%)
  • Brazil Bovespa Index Rises 565.37 Points (0.93%)
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