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Overnight Market News – February 25, 2010

 
  • Coca-Cola Co Nears Deal to Purchase the North American Operations of its Largest Bottler, Coca-Cola Enterprises Inc for as Much as USD 15B
  • General Motors Co to Shut Down Hummer Brand After Proposed Sale to Sichuan Tengzhong Heavy Industrial Machines Falls Through
  • Lehman Brothers Holdings Inc Reaches Agreement to Settle USD 7.6B Claim Filed by JPMorgan Chase & Co Following Lehman’s Bankruptcy Filing in 2008
  • Royal Bank of Scotland Group Plc Narrows Full-Year Net Loss to GBP 3.6B (USD 5.5B) from GBP 24.3B a Year Ago, Helped by Strong Investment Banking Performance
  • Deutsche Telekom AG Narrows Fourth-Quarter Net Loss to EUR 3mm (USD 4.1mm) Versus EUR 370mm on Lower Charges and Fewer Write Downs
  • Europe’s Economic Confidence Index Slips to 95.9 in February from a Revised 96 in January, Missing Economists’ Estimate for a Rise to 96.4
  • Crude Oil Stands at USD 79.58 per Barrel
  • Ethanol Stands at USD 1.71 per Gallon
  • Natural Gas Stands at USD 4.84 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,090.50 per Troy Ounce
  • Dow Jones Industrial Average Rises 91.75 Points (0.89%)
  • London FTSE Index Rises 1.97 Points (0.04%)
  • Japan Nikkei Index Falls 96.87 Points (-0.95%)
  • Hong Kong Hang Seng Index Falls 68.17 Points (-0.33%)
  • Brazil Bovespa Index Falls 313.56 Points (-0.47%)
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