German Business Confidence Unexpectedly Rises to a Three-Year High of 106.8 in September From 106.7 the Prior Month, Refuting Analysts’ Expectations for a Decline to 106.4 Korea National Oil Corp Wins Control of 64.26% of Dana Petroleum Plc’s Shares in a GBP 1.87B (USD 2.9B) Hostile Takeover France’s Gross Domestic Product Rises 0.7% in Q02 [...]
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Also tagged Dana Petroleum, France GDP, France Gross Domestic Product, France’s Gross Domestic Product, German Business Confidence, German Business Confidence Rises, Korea National Oil, Korea National Oil Dana Petroleum, Nike China, Nike China Orders, Overnight Market News, Overnight Markets
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IMF Lowers Forecast for Global Bank Losses Between 2007 and 2010 by 15% to USD 3.4T, But Foresees Additional USD 1.5T Writedowns by End of Next Year Belgian Pharmaceutical Group, UCB SA to Market as Much as EUR 500mm (USD 732mm) in Convertible Bonds to Refinance Debt Nike Inc Posts First Quarter Earnings of USD [...]
Nike Inc. shares have not been moving in the same direction as its swoosh, tumbling more than 10% since the close of last week. It recently reported a 12% global decline in forward orders through November, worse-than-expected. Nike also warned that 2010 would be difficult, particularly the first half of the year, overshadowing its better-than-expected [...]
AIG Announces Divestment of 2 Life Insurance Units to Reduce Debt to Federal Reserve Bank of New York by USD 25B, Units Positioned for IPOs IMF Sees Ireland’s Economy Contracting 13.5% Between 2008 and 2010, Irish Banks Likely to Face Losses of Up to EUR 35B Through 2010 BP Plc Appoints Ericsson CEO Carl-Henric Svanberg [...]
Eurozone Economies Shrink 2.5% in First Quarter, Most Since 1995 General Motors Corp Close to Agreement with United Anto Workers Union (UAW) to Cut Labor Costs by Over USD 1B per Year Panasonic Corp Forecasts Larger-Than-Expected Annual Loss Following First-Quarter Net Loss of JPY 444.3B vs Net Profit of JPY 61.6B yoy Temasek Holdings Pte [...]
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Also tagged Dow Jones, Eurozone, General Motors, Hong Kong Hang Seng, Japan Nikkei, Market News, Overnight Market, Overnight Markets, Panasonic, Rio Tinto, Temasek Holdings
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