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Overnight Market News – January 21, 2010

 
  • China’s Economy Expands 10.7% in Fourth Quarter from a Year Earlier, Fastest Pace Since 2007
  • US President Obama Expected to Make Proposal Today to Introduce New Limits on the Size and Risk Appetite of the Country’s Biggest Banks
  • Oracle Corp Receives Unconditional European Union Approval to Acquire Sun Microsystems Inc in USD 7.4B Deal
  • eBay Inc Fourth-Quarter Earnings Surge to USD 1.02 per Share from USD 0.29 per Share a Year Ago as it Benefitted from Sale of Skype Stake, Boosted Sales
  • Coffee Giant, Starbucks Corp Fourth-Quarter Profit Almost Quadruples to USD 241.5mm from USD 64.3mm on Increased Revenue
  • South Korea Lifts 2010 Job Growth Target by 25%, Now Plans to Create 150k Jobs Versus Prior Forecast of 100k Jobs
  • Crude Oil Stands at USD 77.74 per Barrel
  • Ethanol Stands at USD 1.76 per Gallon
  • Natural Gas Stands at USD 5.50 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,103.10 per Troy Ounce
  • Dow Jones Industrial Average Falls 122.28 Points (-1.14%)
  • London FTSE Index Rises 6.05 Points (0.11%)
  • Japan Nikkei Index Rises 130.89 Points (1.22%)
  • Hong Kong Hang Seng Index Falls 423.50 Points (-1.99%)
  • Brazil Bovespa Index Falls 1,708.52 Points (-2.44%)
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