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Overnight Market News – September 7, 2010

 
  • Barclays Plc, Britain’s Third-Largest Bank, Names President Robert Diamond as Chief Executive Officer (CEO) to Succeed John Varley
  • Oracle Corp Hires Former Hewlett-Packard Co CEO Mark Hurd as President and Member of the Board, Reporting to CEO Larry Ellison
  • The Bank of Japan (BOJ) Holds Interest Rates at 0.1% and Delays New Policy Steps, Stating that Appropriate and Timely Action Will be Taken When Necessary
  • The US Justice Department Probes Google Inc’s Takeover of Airline Ticketing Software Firm ITA Software, Inc, to Determine if the Deal Will Exert Excessive Influence on the Online Travel Industry
  • American International Group (AIG) to Seek Hong Kong Listing Committee Approval on September 21, 2010, for its Asian life Insurance Unit Initial Public Offering (IPO) to Raise USD 15B
  • The Reserve Bank of Australia (RBA) Announces its Decision to Maintain its Key Cash Rate at 4.5% Amid Cooled Inflation from Past Rate Hikes
  • Crude Oil Stands at USD 72.85 per Barrel
  • Ethanol Stands at USD 1.88 per Gallon
  • Natural Gas Stands at USD 3.86 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,248.90 per Troy Ounce
  • US Markets Were Closed Yesterday
  • London FTSE Index Falls 55.71 Points (-1.02%) to 5,383.48
  • Japan Nikkei Index Falls 75.32 Points (-0.81%) to 9226.00
  • Hong Kong Hang Seng Index Rises 46.02 Points (0.22%) to 21,401.79
  • Brazil Bovespa Index Rises 68.68 Points (0.10%) to 66,747.30
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