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Monthly Archives: April 2010

Overnight Market News – April 30, 2010

30-Apr-10

Parent of United Airlines, UAL Corp and Continental Airlines Inc is Expected to Announce on Monday that Both Carriers will Merge to Form the World’s Biggest Airline Barclays Plc Profit for the First Three Months of 2010 Jumps 47% from a Year Ago to GBP1.82B Helped by Declining Loan Losses US Commerce Department is Expected [...]

Overnight Market News – April 29, 2010

29-Apr-10

Hewlett-Packard Co to Acquire Smartphone Maker, Palm Inc in USD 1.2B All-Cash Deal Goldman Sachs Group, Inc Said to be in Talks to Settle its Fraud Case with the US Securities and Exchange Commission (SEC) US President Obama Set to Appoint Janet Yellen as the Federal Reserve Board’s Vice Chairwoman, Will Also Fill Two Other [...]

Overnight Market News – April 28, 2010

28-Apr-10

The Dow Chemical Company Posts Better-Than-Expected First Quarter Profit of USD 466mm, up from USD 24mm a Year Ago On Increased Prices and Sales Royal Dutch Shell Plc Beats Forecasts After Posting a 57% Increase in First Quarter Net Profit to USD 5.48B from USD 3.49B as Production Rose for the First Time in Three [...]

Overnight Market News – April 26, 2010

26-Apr-10

Toyota Motor Corp Almost Doubles Global Production by 97% in March to 773.3k Vehicles Exxon Mobil Corp, BP Plc, Royal Dutch Shell Plc and Other Energy Companies Face Federal Trade Commission (FTC) Probe Over Employee Compensation Bank of Ireland Plc to Raise Up to EUR 3.4B (USD 4.5B) to Boost Capital as Real Estate Losses [...]

Overnight Market News – April 23, 2010

23-Apr-10

Greece’s Prime Minister Requests that European Union/International Monetary Fund Aid Package be Activated UK Economic Growth Slows to 0.2% in First Quarter, Less Than Economists’ Average Forecast of 0.4% Microsoft Corp Posts Better-than-Expected 35% Increase in Net Profit to USD 4.01B (USD 0.45 per Share) on Strong Windows 7 Sales German Business Confidence Index Climbs [...]

Overnight Market News – April 22, 2010

22-Apr-10

Telecommunications Firm, CenturyTel Inc to Acquire Qwest Communications International Inc in a USD 10.6B All-Stock Deal Greece Records Higher-Than-Estimated 2009 Budget Deficit of 13.6%, Up from a Previous Estimate of 12.9% and Almost Double 2008’s Deficit of 7.7% PepsiCo Inc First-Quarter Earnings per Share Climb 24% to USD 0.89, Topping Analysts’ Estimate of USD 0.75 [...]

Overnight Market News – April 21, 2010

21-Apr-10

Apple Inc’s Second Quarter Profit Nearly Doubles to USD 3.07B or USD 3.33 per Share, Up from USD 1.62B or USD 1.79 per Share, Beating the Average Estimate of USD 2.46 per Share Yahoo! Inc First Quarter Profit Almost Triples to USD 310.2mm from USD 117.6mm a Year Earlier on Increased Advertisement Revenue and its [...]

Overnight Market News – April 20, 2010

20-Apr-10

India’s Central Bank Raises its Two Key Interest Rates by 25 Basis Points Each in Bid to Slow the Pace of Inflation International Business Machines Corp (IBM) First-Quarter Net Profit Climbs 16% to USD 1.97 per Share Versus USD 1.70 per Share a Year Ago on Demand Recovery UK Retailer, Tesco PLC Posts 9.3% Rise [...]

Overnight Market News – April 19, 2010

19-Apr-10

Toyota Motor Corp Expected to Pay USD 16.4mm Fine to US Safety Regulators Relating to a Delay of its Faulty Accelerator Pedal Recall World Bank President Says Institution Gearing Up for USD 3.5B Capital Increase, its First in Over Two Decades National Australia Bank Ltd’s AUD 13.3B (USD 12.2B) Offer for Axa Asia Pacific Blocked [...]

Overnight Market News – April 15, 2010

15-Apr-10

China’s First-Quarter GDP Expands 11.9% from a Year Earlier, Fastest Pace in Almost Three Years United Parcel Service Inc (UPS) First-Quarter Earnings Jump 33% to USD 0.53 per Share on Improved Margins Apple Inc Delays iPad’s International Launch by One Month After Stronger-than-Expected US Demand French Dairy and Bottled Water Firm, Groupe Danone SA Posts [...]