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Overnight Market News – February 19, 2010

 
  • US Federal Reserve Raises the Discount Rate by 25 Basis Points to 0.75% as it Attempts to Move its Emergency Program for Banks Closer to Normal
  • Anglo American Plc Beats Profit Estimates After Reporting Underlying Earnings of USD 2.14 per Share, the Company Expects to Resume Dividend Payments in 2010
  • UK Retail Sales Slips 1.8% Between December and January, the Sharpest Drop in Eighteen Months on Harsh Winter Weather
  • Dell Inc’s Fourth Quarter Earnings Fall to USD 334mm or USD 0.17 per Share from USD 351mm or USD 0.18 per Share a Year Earlier Despite Strong Sales of its Notebook Computers
  • Nestle SA Posts Net Profit of CHF 10.4B for 2009 Compared with Earnings of CHF 18B in 2008, Which Included Profits from the Sale of Part of its Stake in Eye Care Company, Alcon Inc
  • World’s Second Largest Retailer, Carrefour SA Reports 69.8% Fall-Off in Net Profit to EUR 385mm for its Fiscal 2009 from a Year Ago on Asset Writedowns in Italy and Stringent Price Cutting Initiatives
  • Crude Oil Stands at USD 78.08 per Barrel
  • Ethanol Stands at USD 1.80 per Gallon
  • Natural Gas Stands at USD 5.15 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,109.20 per Troy Ounce
  • Dow Jones Industrial Average Rises 83.66 Points (0.81%)
  • London FTSE Index Falls 12.61 Points (-0.24%)
  • Japan Nikkei Index Falls 212.11 Points (-2.05%)
  • Hong Kong Hang Seng Index Falls 528.13 Points (-2.59%)
  • Brazil Bovespa Index Rises 551.51 Points (0.82%)
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