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Overnight Market News – June 2, 2010

 
  • Prudential Financial Inc Ends USD 35.5B Bid to Takeover American International Group Inc’s Asia Unit
  • Google Inc Expects to Release its Chrome Operating System (OS) for Computers in Late Fall in an Effort to Rival Microsoft Corp’s Windows OS
  • Telefonica SA Raises Offer for Portugal’s Telecom SA’s Indirect Stake in Vivo Participacoes SA to EUR 6.5B from EUR 5.7B
  • Australia’s Economy Expands for Fifth Consecutive Quarter as Gross Domestic Product Rises 0.5% in the First Three Months of 2010
  • Reliance Industries Ltd Looks Into Reviving Plans to Build a Chemical Plant as India’s Demand for Raw Materials for Plastics, Textiles and Drugs Surges
  • Tata Teleservices Ltd Plans to Raise as Much as USD 425mm of Debt to Expand its Wireless Network
  • Crude Oil Stands at USD 72.25 per Barrel
  • Ethanol Stands at USD 1.60 per Gallon
  • Natural Gas Stands at USD 4.27 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,223.60 per Troy Ounce
  • Dow Jones Industrial Average Falls 112.61 Points (-1.11%) to 10,024.02
  • London FTSE Index Falls 45.28 Points (-0.88%) to 5,118.02
  • Japan Nikkei Index Falls 108.59 Points (-1.12%) to 9,603.24
  • Hong Kong Hang Seng Index Falls 25.15 Points (-0.13%) to 19,471.80
  • Brazil Bovespa Index Falls 1,205.52 Points (-1.91%) to 61,840.99
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