Market Currents

• Wednesday, December 17, 2008

• 09:01 AM Premarket losers: CIT -15%. ROCK -14%. DB -10%. BCS -9%. HBC -8%. ITU -6%. RIO -6%. TKC -6%. TCL -6%. EWZ -5%. TS -5%. PBR -5%. GFI -5%. HMY -4%. RTP -4%. IBN -4%. MS -4%. AAPL -4%. UBS -4%. Comment!

• Monday, November 3, 2008

• 08:13 AM Update: Brazil's Banco Itau (ITU) and Unibanco (UBB) agree to merge (.pdf). The combo will have assets of $265B, giving it the ability "to compete on the international stage with the biggest global banks," the companies say in a joint statement. Comment!
• 07:07 AM Brazil's Banco Itau (ITU) and Unibanco (UBB) agree to merge their operations, creating Brazil's largest financial group. (DJ) Comment!