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Overnight Market News – November 19, 2009

 
  • Organization for Economic Cooperation and Development Lifts Euro Zone 2010 Growth Forecast, Now Expects Expansion of 0.9% Versus Prior Estimate for Zero Growth
  • JPMorgan Chase & Co Agrees to Purchase Remaining Stake of UK Stockbroker, Cazenove for GBP 1B (USD 1.7B)
  • Sony Corp Aims to Return its Gaming and TV Businesses to Profitability by Fiscal 2011, Will Also Target 20% Market Share in LCD TV Market by April 2012
  • Brewer, SABMiller PLC Reports 26% Decline in First Half Pre-Tax Profit to USD 1.5B, Announces Programme to Save USD 300m Annually by 2014
  • Air France-KLM to Cut 1,700 Jobs in 2010 Following Worse-Than-Expected Quarterly Loss of EUR 147mm
  • German Chipmaker, Infineon Technologies AG Posts Fourth-Quarter Net Income of EUR 14mm Versus Net Loss of EUR 884mm a Year Ago on Cost-Cutting
  • Crude Oil Stands at USD 79.09 per Barrel
  • Ethanol Stands at USD 2.12 per Gallon
  • Natural Gas Stands at USD 4.24 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,143.00 per Troy Ounce
  • Dow Jones Industrial Average Falls 11.11 Points (-0.11%)
  • London FTSE Index Falls 13.95 Points (-0.26%)
  • Japan Nikkei Index Falls 127.33 Points (-1.32%)
  • Hong Kong Hang Seng Index Falls 197.17 Points (-0.86%)
  • Brazil Bovespa Index Falls 890.32 Points (-1.32%)
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