Overnight Market News – November 29, 2010

admin — Mon, 29 Nov 2010 20:36:43 +0000

The European Union Governments Approve an EUR 85B Bailout Deal for Ireland to Help the Debt-Struck Nation Withstand the Weight of its Banking Crisis
Wal-Mart Stores, Inc Seeks to Buy 51% of South Africa’s Massmart Holdings Ltd for USD 2.3B, Stopping Short of Full Ownership to Gain Support from Shareholders and the Government
US Retail Sales Rise 6.4% to USD 45B During the Thanksgiving Weekend as Shoppers Splurge, the Increase Follows Improvements in November Consumer Sentiment
Starbucks Corp Accuses Kraft Foods Inc of Mismanaging Sales of its Packaged Coffee in Grocery Stores, Calls to End the 12-Year Partnership Citing Kraft’s Material Breaches of the Contract
Trading in Credit-Default Swaps, Wall Street’s Fastest-Growing Business Before the Credit Crisis, Tumbles Between 40% to 60% from Three Years Ago as Banks Prepare for New Regulation of Derivatives
Liabilities as a Percentage of Earnings in the Benchmark Stoxx Europe 600 Index Falls 22% in Q03 2010 With Annual Profit Growth in Europe Expected to Average 46% in 2010 and 2011, Most Since 2003
Crude Oil Stands at USD 84.42 per Barrel
Ethanol Stands at USD 2.15 per Gallon
Natural Gas Stands at USD 4.44 per British Thermal Unit (Btu)
Gold Stands at USD 1,359.40 per Troy Ounce
Dow Jones Industrial Average Falls 95.28 Points (-0.85%) to 11,092.00
London FTSE Index Falls 27.27 Points (-0.48%) to 5,641.43
Japan Nikkei Index Rises 86.43 Points (0.86%) to 10,126.00
Hong Kong Hang Seng Index Rises 288.97 Points (1.26%) to 23,166.20
Brazil Bovespa Index Falls 1,135.53 Points (-1.64%) to 68,226.10

Financial News Summary – May 13, 2009

admin — Wed, 13 May 2009 18:53:47 +0000

- European Commission Fines Intel Corp EUR 1.06B
- US Retail Sales Fall For Second Straight Month in April
- Japan’s Current Account Surplus Contracts By Record 48.8%

News Feed » US Retail Sales

Overnight Market News – November 29, 2010

Financial News Summary – May 13, 2009