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Monthly Archives: July 2010

Overnight Market News – July 12, 2010

12-Jul-10

Aon Corp Agrees to Acquire Hewitt Associates Inc for USD 4.9B in Cash and Stock as it Looks to Expand Consulting Business BP Plc in Talks with Oil and Gas Company, Apache Corp Over Potential Asset Sales Worth as Much as USD 10B China’s Foreign-Exchange Reserves Climb 0.29% in Q02 2010, the Least in 11 [...]

Overnight Market News – July 9, 2010

09-Jul-10

Google Inc Announces that Chinese Authorities Renewed its Search Page License After Growing Speculation that the License Would Be Revoked China’s Huawei Technologies Bids to Sell Equipment for the Expansion of its Wireless Broadband Network to US’ Sprint Nextel Corp Comcast Corp’s Plan to Purchase a Controlling Stake in General Electric Co’s NBC Universal Unit [...]

Overnight Market News – July 8, 2010

08-Jul-10

International Monetary Fund (IMF) Lifts 2010 Global Growth Forecast to 4.6% from 4.2%, But Warns That “Risks Have Risen Sharply” BP PLC Aims to Cap Oil Well by its July 27, 2010 Earnings Release and Ahead of its Earlier Mid-August Target Costco Wholesale Corp Same-Store Sales Rise 4% in June, Slightly Below Analysts’ Estimates of [...]

Overnight Market News – July 7, 2010

07-Jul-10

BP PLC’s Chief Executive Officer Meets With Officials From Abu Dhabi as Hopes for Fresh Investment Boosts the Company’s Shares US Refinancing Requests Increase 9.2% Last Week, Driving Mortgage Applications Up 6.7% to a Nine-Month High Samsung Electronics Co Ltd’s Second Quarter Operating Income Climbs 87% to USD 4.10B on Sales Growth Bank of England [...]

Overnight Market News – July 6, 2010

06-Jul-10

European Union Unveils Backup Scheme for Troubled Eurozone Banks Revealed by Upcoming Stress-Tests Results BP PLC Looks to Partner with Sovereign Wealth Funds in Middle East and Asia to Prevent a Possible Takeover Toyota Motor Corp Announces Plans to Invest USD 103mm in Production of Parts for the Etios Compact Car to be Developed for [...]

Overnight Market News – July 5, 2010

05-Jul-10

Toyota Motor Corp Recalls More Than 90k Luxury Lexus and Crown Vehicles in Japan Due to Defective Engines France Telecom Announces Five-Year Turnaround Plan Aimed at Improving Job Morale and Increasing Market Share Eurozone Retail Sales Climb 0.2% in May Over April Boosted by Non-Food Sectors Lloyds Banking Group PLC Offloads Majority Stake in Bank [...]

Overnight Market News – July 2, 2010

02-Jul-10

Economists Expects Today’s US Labor Department Report to Show that June Payrolls Fell by 130k General Motors Co China Sales Climb 50% to 1.21mm During 6M 2010, Overtaking its US Sales for the First Time Google Inc Acquires Flight-Information Software Firm, ITA Software Inc for USD 700mm in Cash as it Enters the Online Travel [...]

Overnight Market News – July 1, 2010

01-Jul-10

Ford Motor Co to Reduce its Debt By USD 4B as it Pays USD 3.8B in Cash to a United Auto Workers Trust Fund and USD 255mm in Dividends on Preferred Securities US House of Representatives Approve Landmark Overhaul of Financial Regulations, the US Senate to Vote After July 4 Weekend Toyota Motor Corp Warns [...]