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Overnight Market News – January 5, 2010

 
  • Kraft Foods Inc Sells US Frozen Pizza Business to Nestle SA for USD 3.7B, Raising Funds to Improve its Bid for Cadbury Plc
  • South Korean Conglomerate, Kumho Asiana Group Plans to Raise USD 1.1B Via Asset Sales and Job Restructuring in Effort to Repay Debt
  • UAL Corp’s United Airlines Division Plans to Sell USD 500mm Worth of Senior Notes for “General Corporate Purposes”
  • Ford Motor Co’s Chinese Joint Venture 2009 Sales Rise 54.5% to 316.14k Units from a Year Ago
  • German Unemployment Fell for a Sixth Consecutive Month in December with the Number of Unemployed Declining by a Seasonally Adjusted 3k to 3.42mm
  • Biotechnology Firm, Biogen Idec Inc Announces Retirement of President and Chief Executive Officer, James Mullen Effective June 8, 2010
  • Crude Oil Stands at USD 81.64 per Barrel
  • Ethanol Stands at USD 1.97 per Gallon
  • Natural Gas Stands at USD 5.79 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,125.50 per Troy Ounce
  • Dow Jones Industrial Average Rises 155.91 Points (1.5%)
  • London FTSE Index Rises 4.37 Points (0.08%)
  • Japan Nikkei Index Rises 27.04 Points (0.25%)
  • Hong Kong Hang Seng Index Rises 456.30 Points (2.09%)
  • Brazil Bovespa Index Rises 1,456.67 Points (2.12%)
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