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Overnight Market News – March 31, 2010

 
  • Citigroup Inc Plans to Spin-Off its Life Insurance and Investment Products Unit, Primerica Inc in an Initial Public Offering (IPO) this Week
  • Cnooc Ltd, China’s Largest Offshore Energy Explorer Posts a 34% Decline in Full-Year Profit to CNY 29.5B from a Record CNY 44.4B a Year Ago
  • Eurozone Inflation Rises to 1.5% in March from a Year Earlier, the Highest Reading Since December 2008
  • The Irish Government to Inject Another EUR 8.3B into the Nationalised Anglo Irish Bank, Stating That This Was “the Least Worst Option”
  • Australia’s Macarthur Coal Ltd Rejects a USD 3B Takeover Bid from US Coal Giant Peabody Energy Corp
  • Crude Oil Stands at USD 82.90 per Barrel
  • Ethanol Stands at USD 1.57 per Gallon
  • Natural Gas Stands at USD 4.06 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,109.70 per Troy Ounce
  • Dow Jones Industrial Average Rises 11.56 Points (0.11%)
  • London FTSE Index Rises 7.82 Points (0.14%)
  • Japan Nikkei Index Falls 7.20 Points (-0.06%)
  • Hong Kong Hang Seng Index Falls 135.44 Points (-0.63%)
  • Brazil Bovespa Index Rises 20.46 Points (0.03%)
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