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Overnight Market News – February 26, 2010

 
  • Lloyds Banking Group Plc Posts an Operating Loss of GBP 6.3B for its Fiscal Year 2009, Slightly Down from a Loss of GBP 6.7B a Year Ago as Impairment Charges Grew by 60%
  • UK’s Gross Domestic Product (GDP) Growth is Upwardly Revised for the Final Three Months in 2009 Unexpectedly Rising to 0.3%, up from the Initial Estimate of 0.1%
  • General Electric Corp Agrees to Sell its Hong Kong Consumer Finance Business to Standard Chartered Bank Plc For an Undisclosed Amount in its Latest String of Divestments in Asia
  • Japan Airlines Corp Reports a Massive Loss of JPY 177.9B for its Nine-Month Period from a Loss of JPY 1.9B a Year Earlier
  • China Mobile Communications Corp May Buy 20% Stake in Shanghai Pudong Development Bank Co for Approximately CNY 40B in a Effort to Replenish its Capital Base
  • Jaguar Land Rover Posts its First Quarterly Profit of USD 90mm Since Being Acquired by India’s Tata Motors Ltd in 2008 for the Quarter Ended December 31, 2009
  • Crude Oil Stands at USD 78.48 per Barrel
  • Ethanol Stands at USD 1.81 per Gallon
  • Natural Gas Stands at USD 4.81 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,112.00 per Troy Ounce
  • Dow Jones Industrial Average Falls 53.13 Points (-0.51%)
  • London FTSE Index Rises 50.54 Points (0.96%)
  • Japan Nikkei Index Rises 24.07 Points (0.24%)
  • Hong Kong Hang Seng Index Rises 209.13 Points (1.03%)
  • Brazil Bovespa Index Rises 326.27 Points (0.50%)
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