Overnight Market News – October 9, 2009
- General Motors Co Expected to Seal Deal Today to Sell its Hummer Brand to China’s Tengzhong Heavy Industrial Machinery Co for USD 150mm
- US Federal Reserve Chairman Ben Bernanke to Tighten Monetary Policy When the Economy Recovers on Inflationary Concerns
- India’s Infosys Technologies Ltd Posts 0.9% Fall in Second Quarter Profits to USD 317mm from a Year Ago, Raises Revenue and Earning Forecasts
- China’s Vice President Xi Jinping Says Country Will Continue its Fiscal Stimulus and Loose Monetary Policy as Economy is Still Not on Solid Footing
- France and Italy’s Industrial Output Rises in August from Prior Month to 1.8% and 7% Respectively on Government Incentives to Purchase New Cars
- Canada’s Dollarama Inc Raises CAD 300mm or USD 285mm in Initial Public Offering (IPO), Country’s Third Biggest IPO in 2009
- Crude Oil Stands at USD 71.40 per Barrel
- Ethanol Stands at USD 1.92 per Gallon
- Natural Gas Stands at USD 4.99 per British Thermal Unit (Btu)
- Gold Stands at USD 1,050.50 per Troy Ounce
- Dow Jones Industrial Average Rises 61.29 Points (0.63%)
- London FTSE Index Rises 3.05 Points (0.06%)
- Japan Nikkei Index Rises 183.92 Points (1.87%)
- Hong Kong Hang Seng Index Rises 6.54 Points (0.03%)
- Brazil Bovespa Index Rises 1,121.59 Points (1.79%)
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This entry (permalink) was posted on Friday, October 9, 2009, at 3:28 am by admin. Filed in Finance and tagged Ben Bernanke, Ben Bernanke Monetary Policy, China Fiscal Stimulus, Dollarama, Dollarama IPO, General Motors, General Motors Hummer, Hummer China, Hummer Tengzhong Heavy Industrial Machinery, Infosys Technologies Profit, Overnight Market News, Overnight Markets, Tengzhong Heavy Industrial Machinery, Xi Jinping.
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