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Overnight Market News – December 1, 2009

 
  • General Electric Co Closes Deal With Vivendi SA to Purchase the French Company’s 20% Stake in NBC Universal for USD 5.8B
  • Upon Pressure from its Government, Bank of Japan Will Provide JPY 10T in Short Term Loans to Commercial Banks in an Effort to Address Falling Prices
  • De Beers, the World’s Largest Diamond Producer to Raise up to USD 1B Through a Rights Offer to Help Alleviate the Company’s Debt Which Currently Totals USD 3.5B
  • Australia Central Bank Raises Interest Rates to 3.75% from 3.5% for the Third Straight Monthly Increase as its Economy Continues to Recover
  • Chinese Car-maker, Geely Holding Group Co Seeks At Least USD 1B in Loans from Chinese Banks as it Makes its USD 1.8B Bid for Ford Motor Co’s Volvo Unit
  • Alstom SA and Schneider Electric SA Wins Exclusive Rights to Negotiate With Areva SA for its Power Grid Unit, Topping Other Bid Makers General Electric Co and Toshiba Corp
  • Crude Oil Stands at USD 78.27 per Barrel
  • Ethanol Stands at USD 2.14 per Gallon
  • Natural Gas Stands at USD 4.80 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,295.40 per Troy Ounce
  • Dow Jones Industrial Average Rises 34.92 Points (0.34%)
  • London FTSE Index Rises 77.98 Points (1.50%)
  • Japan Nikkei Index Rises 226.65 Points (2.43%)
  • Hong Kong Hang Seng Index Rises 291.65 Points (1.34%)
  • Brazil Bovespa Index Falls 37.71 Points (-0.06%)
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