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Tag Archives: General Motors

Overnight Market News – August 18, 2010

18-Aug-10

BHP Billiton Ltd Makes USD 40B Takeover Offer for Potash Corp of Saskatchewan Inc After an Initial USD 39B Attempt was Rejected General Motors Co to Consider the Sale of Preferred Stock to be Listed on the New York Stock Exchange Alongside its Initial Public Offering of Common Shares Job Vacancies at London’s Financial-Services Companies [...]

Overnight Market News – March 26, 2010

26-Mar-10

The Eurozone Area Reaches Deal to Help Debt-Burdened Greece, Agreeing to a Safety Net of EUR 22B That Only Becomes Available if the Country Can No Longer Access Funds from Financial Markets General Motors Co Expects to Make Another Payment of USD 1.2B to the US Treasury by the End of March, Aiming to Fully [...]

Overnight Market News – December 21, 2009

21-Dec-09

Dubai World Meets Creditors to Discuss Debt Repayment, Offers No Proposals to Delay Debt General Motors Corp to Review New Offers for Saab Unit from Spyker Cars, Others after Previous Failed Negotiations Credit Suisse AG Appoints Boon Sim to Head Global Mergers & Acquisitions Division China Announces 2010 Economic Growth Target of 8%, Analysts Expect [...]

Overnight Market News – December 2, 2009

02-Dec-09

General Motors Co’s Chief Executive Officer, Fritz Henderson Resigns on Request from Automaker’s Board of Directors Dubai World’s Creditors Form Committee Consisting of Six Banks, to Meet with Troubled Conglomerate Next Week Gold Hits Record HI of USD 1,216.75 per Troy Ounce in Europe on Wednesday as Investors Forecast Further Weakening in the Greenback McDonald’s [...]

Overnight Market News – November 16, 2009

16-Nov-09

Japan’s Economy Grows at Fastest Pace in More Than Two Years, by an Annualized Rate of 4.8% in Third-Quarter Compared with Prior Quarter General Motors Corp to Begin Repaying USD 6.7B Government Bailout by Year-End Canon Inc to Buy Oce NV for EUR 730mm (USD 1.1B) in Cash to Expand Printer Operations JPMorgan Chase & [...]

Overnight Market News – November 4, 2009

04-Nov-09

General Motors Co Decides to Keep its European Opel Unit and Restructure, Instead of Selling 55% Stake to Magna International Inc and Partner OAO Sherbank After Months of Negotiations The World Bank Boosts East Asia Projection of 2009 Gross Domestic Product (GDP) Growth to 6.7% from 5.3%, Led by China’s Increased GDP Forecast to 8.4% [...]

Overnight Market News – October 9, 2009

09-Oct-09

General Motors Co Expected to Seal Deal Today to Sell its Hummer Brand to China’s Tengzhong Heavy Industrial Machinery Co for USD 150mm US Federal Reserve Chairman Ben Bernanke to Tighten Monetary Policy When the Economy Recovers on Inflationary Concerns India’s Infosys Technologies Ltd Posts 0.9% Fall in Second Quarter Profits to USD 317mm from [...]

Overnight Market News – September 2, 2009

02-Sep-09

Wells Fargo & Co Plans to Repay US Government USD 25B in Bailout Funds Shortly, Without Additional Stock Offering BP Plc Announces “Giant” Oil Find in Gulf of Mexico, Details on Size and Commerciality of the Discovery are Still Undetermined General Motors Corp’s Reports its China Vehicle Sales in August Jumped 112.7% to 152,365 Units [...]

Overnight Market News – August 31, 2009

31-Aug-09

US Federal Reserve Earns USD 14B in Profits on Loans Issued over Past Two Years Eurozone Consumer Prices Fall 0.2% Year-Over-Year in August, Less than Economists Predicted India’s Economic Growth Speeds Up for First Time Since 2007, Growing 6.1% in June Quarter versus 5.8% in Previous Quarter General Motors Corp Enters USD 293mm Joint Venture [...]

Overnight Market News – August 28, 2009

28-Aug-09

Apple Inc and Mobile Service Provider China Unicom Ltd Signs Deal to Bring iPhone to China, the World’s Largest Mobile Market, Phones Set to Go on Sale in Fourth Quarter UK’s Gross Domestic Product (GDP) Shrinks Less-Than-Expected in the Second Quarter to a Revised Fall of 0.7% Compared with 0.8% in the Previous Quarter Second [...]