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Thursday, December 17, 2009

Orchid Chemicals - Updates

Orchid Chemicals & Pharmaceuticals Ltd has informed that the Company is exploring opportunities for the buy-back of outstanding FCCBs issued by the Company pursuant to, and in compliance with, RBI regulations. The Company may purchase the bonds from the markets and extinguish from time to time at its sole discretion, under the regulations.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 13
18:00 Manufacturing Sales (MoM) 1 -2.8% -2.0% -1.4%
19:30 Michigan Consumer Expectations Index 2 58.4 47.9
19:30 UoM 1-year Consumer Inflation Expectations 2 5.1% 6.6%
19:30 Michigan Consumer Sentiment Index 3 60.5 53.5 52.2
19:30 UoM 5-year Consumer Inflation Expectation 2 4.1% 4.2%
22:30 Baker Hughes US Oil Rig Count 1 442
Saturday, Jun 14
01:00 CFTC Gold NC Net Positions 1 $187.9K
01:00 CFTC Oil NC Net Positions 1 168K
01:00 CFTC GBP NC Net Positions 1 £35.2K
01:00 CFTC AUD NC Net Positions 1 $-63.2K
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