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Tag Archives: London FTSE

Overnight Market News – May 18, 2009

18-May-09

AIG to Seek Asian Subsidiary IPO, Could Raise Over USD 4B Japan’s AAA Foreign Currency Debt Rating Cut to Aa2 by Moody’s Volkswagen Stops Tie-up Talks with Porsche as Not Ready for Merger Europe’s Largest Papermaker, Stora Enso Oyj and Chile’s Celulosa Arauco y Constitucion SA to Purchase USD 344mm of Uruguayan Forest Second-Biggest Home [...]

Overnight Market News – May 12, 2009

12-May-09

Bank of America Corp Raises USD 7.3B from Sale of Stake in China Construction Bank Corp The European Union (EU) Will Conduct Stress Tests on its Banking Sector by September 2009 to Determine Capital Adequacy China’s Exports Fall 22.6% in April (yoy), While Factory Investments Surge 30.5% (ytd) Australia’s Budget Deficit Balloons to Record USD [...]

Overnight Market News – May 11, 2009

11-May-09

Centrica to Purchase 20% Stake in British Energy for GBP 2.3B HSBC Writes Off USD 2.4B on US Subprime Mortgage, Consumer Lending Operations, US Bad Debts Less Than Q04 2008 3i Group Plc Plans GBP 700B Rights Offering After Net Asset Value Plummets 50% Intel Bracing to Pay Fine for Anti-Competitive Behavior China’s Consumer Prices [...]