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Overnight Market News – November 11, 2009

 
  • UK Unemployment Rises in Three Months to September Cutting 30k Jobs, the Smallest Increase Since May 2008, Jobless Rate Remains at 7.8%
  • China Industrial Production Rises Faster-Than-Expected in October Jumping 16.1% Year-Over-Year on the Country’s Huge Stimulus Measures
  • Apple Inc Surpasses Rival Nokia Corp to Become Most Profitable Handset Vendor in September Quarter on Strong iPhone Sales
  • Hong Kong Exchanges and Clearing Ltd, Asia’s Third Largest Stock Market Third Quarter Profit Increases 33% to HK 1.27B (USD 164mm) from HK 959.6mm a Year Ago
  • Volkswagen AG to Consider Acquisition of Assets from Insolvent Automaker Wilhelm Karmann GmbH, Assets Include Manufacturing Facilities, Assembly Hall and Paint Shop in Germany
  • Adobe Systems Inc to Cut 680 Jobs or 9% of Total Workforce to Help Meet its Fiscal 2010 Budget Which is Expected to Result in Pre-Tax Charges of USD 65mm to USD 71mm
  • Crude Oil Stands at USD 79.53 per Barrel
  • Ethanol Stands at USD 1.94 per Gallon
  • Natural Gas Stands at USD 4.52 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,116.50 per Troy Ounce
  • Dow Jones Industrial Average Rises 20.03 Points (0.20%)
  • London FTSE Index Rises 56.35 Points (1.08%)
  • Japan Nikkei Index Rises 0.95 Points (0.01%)
  • Hong Kong Hang Seng Index Rises 359.05 Points (1.61%)
  • Brazil Bovespa Index Rises 89.14 Points (0.13%)
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