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Overnight Market News – December 22, 2009

  • UK Gross Domestic Product Shrinks Less-Than-Expected in Q03 2009, Declining 0.2% Quarter-Over-Quarter Versus Previous Measurement of a 0.3% Contraction
  • Ford Motor Co Offers Buyout and Early Retirement Incentives to All of its 41,000 US Hourly Workers in Bid to Further Reduce Factory Costs
  • Lloyds Banking Group Plc Agrees to Pay a Minimum of USD 3.6B Over Fifteen Years to Raise USD 2B in Tier 1 capital.
  • General Motors Co Appoints Microsoft Corp’s Outgoing Finance Executive, Chris Liddell, as its New Chief Financial Officer and Vice Chairman
  • Moody’s Investors Service Lowers Greece’s Credit Rating by One Notch to A2 from A1
  • Macarthur Coal Ltd Offers AUD 656mm (USD 577mm) in Cash for Gloucester Coal Ltd
  • Crude Oil Stands at USD 73.82 per Barrel
  • Ethanol Stands at USD 1.85 per Gallon
  • Natural Gas Stands at USD 5.72 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,097.30 per Troy Ounce
  • Dow Jones Industrial Average Rises 85.25 Points (0.83%)
  • London FTSE Index Rises 40.70 Points (0.77%)
  • Japan Nikkei Index Rises 194.56 Points (1.91%)
  • Hong Kong Hang Seng Index Rises 143.94 Points (0.69%)
  • Brazil Bovespa Index Falls 869.02 Points (-1.3%)
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