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Overnight Market News – October 23, 2009

 
  • UK Gross Domestic Product (GDP) Unexpectedly Declines for Sixth Consecutive Quarter in Q03 2009 by 0.4% from Previous Quarter, Making the Recession the Longest on Record
  • Amazon.com Inc Third Quarter Profit Trumps Analysts’ Estimates by Jumping 69% to USD to USD 199mm or USD 0.45 per Share, Up From USD 118mm or USD 0.27 per Share a Year Ago
  • Whirlpool Corp, the World’s Largest Appliance Maker Q03 2009 Net Income Falls 47% to USD 87mm to USD 163mm a Year Earlier, Still Above Analysts’ Forecasts
  • Argentina to Launch Debt Swap Offer of USD 20B to Settle Outstanding Debts With Holders of Default Sovereign Bonds, In an Effort to Rebuild Reputation With International Investors
  • Diversified US Manufacturer, Honeywell International Inc Q03 2009 Profit Slides to USD 608mm from USD 719mm a Year Ago on Weak Demand for Systems Used in Commercial Buildings and Aircraft
  • China Construction Bank Corp, the World’s Largest Lender by Market Value Profit Rises for Second Straight Quarter in Q03 2009 to CNY 30.3B (USD 4.4B) from CNY 25.6B a Year Earlier
  • Crude Oil Stands at USD 81.20 per Barrel
  • Ethanol Stands at USD 2.08 per Gallon
  • Natural Gas Stands at USD 4.99 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,061.80 per Troy Ounce
  • Dow Jones Industrial Average Rises 131.95 Points (1.33%)
  • London FTSE Index Rises 66.01 Points (1.27%)
  • Japan Nikkei Index Rises 15.82 Points (0.15%)
  • Hong Kong Hang Seng Index Rises 379.21Points (1.71%)
  • Brazil Bovespa Index Rises 649.38 Points (0.99%)
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