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Overnight Market News – December 4, 2009

 
  • Bank of America Corp (BAC) Raises USD 19.3B from Securities Sale to Help Finance its USD 45B Repayment to Government
  • US Jobs Data for November to Be Released Today, Economists Expect 125k Job Losses and 10.2% Unemployment Rate
  • Citigroup Inc Says Repayment of TARP Funds Impeded by US Treasury’s Holding of 34% of the Bank
  • Cisco Systems Inc to Proceed with Tandenberg Deal Though Only 89% of Shareholders Accepted its USD 3.4B Offer, Versus the 90% Requirement it Previously Set
  • UK Car Sales Climb 57.6% in November 2009 Over the Previous Year
  • China Longyuan Power Group Corp Raises HKD 17.5B (USD 2.3B) in Wind Power Initial Public Offering (IPO)
  • Crude Oil Stands at USD 75.85 per Barrel
  • Ethanol Stands at USD 2.01 per Gallon
  • Natural Gas Stands at USD 4.50 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,204.20 per Troy Ounce
  • Dow Jones Industrial Average Falls 86.53 Points (-0.83%)
  • London FTSE Index Falls 32.18 Points (-0.61%)
  • Japan Nikkei Index Rises 44.92 Points (0.45%)
  • Hong Kong Hang Seng Index Falls 55.72 Points (-0.25%)
  • Brazil Bovespa Index Falls 299.97 Points (-0.44%)
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