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Overnight Market News – April 7, 2010

 
  • Carmakers Renault SA, Nissan Motor Co Ltd and Daimler AG Create Partnership in Effort to Share Technology Investment Costs and Gain Scale
  • Family Dollar Stores Inc Second Quarter Profit Tops Wall Street Estimates Rising 33% to USD 112.2mm or USD 0.81 per Share
  • The Office of Economic Cooperation and Development (OECD) Forecasts Economic Growth for G7 Countries to Slow to 1.9% Quarter-Over-Quarter in Q01 2010 and 2.3% in Q02 2010
  • AOL Inc Announces Plans to Off-Load or Shut Down Social Networking Site Bebo Stating that it Could Not Provide “Significant Investment” for Site to Effectively Compete
  • European Union Downwardly Revises Eurozone GDP Growth for Q04 2009 to Zero from Previous Estimate of 0.1% Rise
  • British Chambers of Commerce Says it Will Keep Benchmark Interest Rate at Record LO of 0.5% Until at Least November 2010
  • Crude Oil Stands at USD 86.40 per Barrel
  • Ethanol Stands at USD 1.62 per Gallon
  • Natural Gas Stands at USD 4.11 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,136.40 per Troy Ounce
  • Dow Jones Industrial Average Falls 3.56 Points (-0.03%)
  • London FTSE Index Falls 3.86 Points (-0.07 %)
  • Japan Nikkei Index Rises 10.51 Points (0.09%)
  • Hong Kong Hang Seng Index Rises 391.77 Points (1.82%)
  • Brazil Bovespa Index Falls 194.03 Points (-0.27%)
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