Financial Breakfast: Morning News Summary for January 9, 2012 - Abercrombie & Fitch (NYSE:ANF), Bristol-Myers Squibb (NYSE:BMY)

This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session.

• Wall Street may have received its name from a pre-existing wall near the area that was used to protect the settlers from colonialism.

Bristol-Myers Squibb BMY to acquire Inhibitex INHX for $26/share in cash

Netflix NFLX launches in the United Kingdom and Ireland/li>

To see more pre-market news, click here.

European markets are mixed in afternoon trading. Britain's FTSE 100 slid 0.23%, Germany's DAX fell 0.22% and France's CAC 40 advanced 0.04% on the session.
Asian stocks ended the session higher. China's Shanghai added 2.89%, Japan's Nikkei 225 is closed, and Hong Kong's Hang Seng gained 1.47%

To see more overseas news, click here.

To see more of today's upgrades, click here.

To see more of today's downgrades, click here.

To see more economic news, click here

No Major Earnings this Morning

To see more earnings announcements, click here.

To see more corporate news, click here.

Precious metals are trading higher, with gold posting gains of about 0.07%
Energy futures are trading lower, with crude oil posting losses of about 0.46%
Natural Gas futures are lower by about 2.12% and copper is trading lower by about 0.68%

To see more commodities news, click here.

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