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Monthly Archives: May 2010

Overnight Market News – May 13, 2010

13-May-10

Cisco Systems Inc Fiscal Third-Quarter Net Profit Surges 63% to USD 2.2B on Demand Recovery German Software Giant, SAP AG to Acquire Rival Sybase Inc for USD 5.8B Sony Corp Narrows Annual Loss to JPY 40.8B (USD 439mm) from JPY 98.9B, Anticipates Return to Profitability This Fiscal Year US Foreclosures Fall 2% in April from [...]

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Overnight Market News – May 11, 2010

11-May-10

Toyota Motor Corp Posts Fiscal Fourth-Quarter Profit of JPY 112B (USD 1.2B) from Year-Ago Loss of JPY 766B, Forecasts Strong Profit Growth for Current Fiscal Year China’s April Consumer Prices Climb 2.8% from a Year Earlier, Slightly Above Economists¡¯ Forecasts and the Highest Level Since October 2008 Spanish Telecoms Giant, Telefonica SA Launches EUR 5.7B [...]

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Overnight Market News – May 10, 2010

10-May-10

European Union (EU) Creates USD 962B Rescue Package to Save Euro Berkshire Hathaway Inc (NYSE: BRK.B) Posts First Quarter Net Earnings of USD 3.81B from a USD 1.45B Net Loss a Year Earlier British Insurer, Prudential PLC Plans to Boost Capital Reserves By GBP 1B, Seeking Approval from Regulators to Buy American International Group Inc’s [...]

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Overnight Market News – May 7, 2010

07-May-10

HSBC Holdings Plc Says First Quarter Profit Beats the Same Period in 2009, Boosted by its US Operations Which Returned to Profit in the Quarter Bank of Japan Injects More Than USD 20B into the Market to in an Effort to Calm Market Fears About Greece’s Debt Crisis Royal Bank of Scotland Group Plc Posts [...]

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Overnight Market News – May 6, 2010

06-May-10

BNP Paribas SA First-Quarter Net Profit Jumps 47% to EUR 2.3B Boosted by its Acquisition of Belgian Bank, Fortis and Easing Loan Loss Provisions The European Central Bank (ECB) Meets Today to Discuss Possible Measures to Control Contagion in the Euro Zone Telecommunications Equipment Maker, Alcatel-Lucent SA Widens First-Quarter Loss to EUR 515mm (USD 665mm) [...]

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Overnight Market News – May 5, 2010

05-May-10

Time Warner Inc Posts Better-Than-Expected First Quarter Profit of USD 725mm, Up from USD 467mm a Year Ago Helped by a Rebound in Advertising Sales French Bank, Societe Generale SA Reports First Quarter Profit of EUR 1.1B, Above the Average Estimate of EUR 614mm and Boosted by Increase in Profit from its Investment Banking Arm [...]

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Overnight Market News – May 4, 2010

04-May-10

Pfizer Inc First-Quarter Net Income Falls 26% to USD 2.03B or USD 0.25 per Share, But Tops Wall Street UBS AG Posts Highest Quarterly Profit in Almost Three Years of CHF 2.2B (USD 2.03B) Versus Year-Ago Net Loss of CHF 1.98B Merck & Co Inc Posts First-Quarter Profit Excluding Certain Items of USD 0.83 per [...]

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Overnight Market News – May 3, 2010

03-May-10

UAL Corp to Buy Continental Inc for USD 3.2B, Creating the World’s Biggest Airline Billionaire Investor, Warren Buffett Voices “100 Percent” Support for Goldman Sachs Group Inc in Televised Interview Spain’s Unemployment Rate Climbs to 20% in March, Highest in Eurozone Glencore International AG Weighs Merger with Xstrata PLC to Reorganize Ownership and Boost Access [...]

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