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Overnight Market News – February 22, 2010

 
  • Oil-Service Company, Schlumberger Ltd to Acquire Smith International in All-Stock Deal Worth USD 11B
  • Reliance Industries Ltd Raises Bid for Bankrupt LyondellBasell Industries AF by USD 1B to USD 14.5B
  • Japan’s Second-Biggest Insurer, Dai-ichi Mutual Life Insurance Co Plans JPY 1.1T (USD 12B) Initial Public Offering
  • Taiwan Exits Year-Long Recession in the Fourth Quarter of 2009, Economy Grows 9.2% Year-Over-Year
  • Shareholders of United America Indemnity Ltd Approve Plan to Redomicile from Cayman Islands to Ireland
  • Sirius Petroleum Enters Joint Venture with Del Sigma Petroleum to Develop Nigerian Oil Field
  • Crude Oil Stands at USD 79.94 per Barrel
  • Ethanol Stands at USD 1.71 per Gallon
  • Natural Gas Stands at USD 4.92 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,124.70 per Troy Ounce
  • Dow Jones Industrial Average Rises 9.45 Points (0.09%)
  • London FTSE Index Rises 8.83 Points (0.16%)
  • Japan Nikkei Index Rises 276.89 Points (2.74%)
  • Hong Kong Hang Seng Index Rises 483.25 Points (2.43%)
  • Brazil Bovespa Index Falls 238.65 Points (0.35%)
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