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Monthly Archives: February 2012

Overnight Market News – February 23, 2012

23-Feb-12

Hewlett-Packard Co’s Q04 2011/2012 Net Income declines 44% to USD 1.47B on a 7.1% fall in Revenue to USD 30B as the Company grapples with weak PC and printer sales Fitch Ratings slashes its rating for Greek sovereign debt to C from CCC, indicating that default is highly likely in the near term German business [...]

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Overnight Market News – February 16, 2012

16-Feb-12

UBS AG, Credit Suisse Group AG and Morgan Stanley’s credit ratings may be cut by up to three levels by Moody’s Investors Service as it reviews 17 financial Firms with global capital market operations Nestle SA, the world’s biggest food Company, reports FY 2011 Sales growth of 7.5%, beating analysts’ estimates, and forecasts higher FY [...]

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Overnight Market News – February 15, 2012

15-Feb-12

Yahoo! Inc is facing shareholder pressure to restructure a deal to sell its stake in Alibaba Group Holding Ltd (ALIBABZ) and the Company’s Japanese operations Apple Inc’s Chief Executive Officer (CEO) Tim Cook reaffirms the Company’s commitment to safe labour saying it will press suppliers to conform to stringent standards Zynga Inc reports a Q04 [...]

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Overnight Market News – February 3, 2012

03-Feb-12

Spain’s New Government to Allow Banks an Extra Year to Purge Losses if they Agree to Merge as Part of a Plan to Overhaul the Financial Industry Hutchison Whampoa Ltd to Acquire Orange Austria in a Deal Worth EUR 1.3B (USD 1.7B), Adding to Over USD 31B of Investments in Global Mobile-Phone Operations Panasonic Corp [...]

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