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Overnight Market News – November 16, 2009

 
  • Japan’s Economy Grows at Fastest Pace in More Than Two Years, by an Annualized Rate of 4.8% in Third-Quarter Compared with Prior Quarter
  • General Motors Corp to Begin Repaying USD 6.7B Government Bailout by Year-End
  • Canon Inc to Buy Oce NV for EUR 730mm (USD 1.1B) in Cash to Expand Printer Operations
  • JPMorgan Chase & Co to Bid Over USD 3B to Buy the Remaining 50% Stake in its UK Joint-Venture Partner, Cazenove Group
  • Cisco Systems Inc Increases Offer for Norway’s Tandberg ASA by 11% to USD 3.4B
  • Crude Oil Stands at USD 77.36 per Barrel
  • Ethanol Stands at USD 2.01 per Gallon
  • Natural Gas Stands at USD 4.45 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,116.10 per Troy Ounce
  • Dow Jones Industrial Average Rises 73.00 Points (0.72%)
  • London FTSE Index Rises 64.93 Points (1.23%)
  • Japan Nikkei Index Rises 20.87 Points (0.21%)
  • Hong Kong Hang Seng Index Rises 390.35 Points (1.73%)
  • Brazil Bovespa Index Rises 877.70 Points (1.36%)
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