Early Market News: Google Inc. (NASDAQ:GOOG), Citigroup Inc. (NYSE:C), Valero Energy (NYSE:VLO)

Here are more news stories which could affect stocks on world markets in trading later today. The following companies should see some movement: Google Inc. (NASDAQ:GOOG), Citigroup Inc. (NYSE:C), Valero Energy (NYSE:VLO). Here is a more detailed look at the news that will affect each company when trading continues. Google Inc. (NASDAQ:GOOG) Google Inc. (NASDAQ:GOOG) has planned to launch a new e-book venture. Google Inc. (NASDAQ:GOOG) is in the final stages of launching its long-awaited e-book retailing venture. The e-books store is an extension of Google Inc. (NASDAQ:GOOG)’s ambitious and sometimes controversial plan to scan the world’s 150 million or so books and make them accessible to users of Google Inc. (NASDAQ:GOOG)’s Web-search engine. Scott Dougall, a Google Inc. (NASDAQ:GOOG) product management director said that, "Because of the complexity of this project, we didn’t want to come out with something that wasn’t thorough.” Citigroup Inc. (NYSE:C) Citigroup Inc. (NYSE:C) has appointed Gene Fang to its Asia-Pacific financial institutions group. Citigroup Inc. (NYSE:C) said on Wednesday that it has appointed Gene Fang to its Asia-Pacific financial institutions group, focusing on executing and originating deals in the sector. Gene Fang, who will continue to be based in Hong Kong, joins from BNP Paribas SA (BNPQY), where he has worked in the corporate finance and financial institutions group since last year. Before that, he was in J.P. Morgan Chase & Co.’s financial institutions group in Singapore and Hong Kong from 2003. According to data from Dealogic, Citigroup Inc. (NYSE:C) has been involved in more than US$50 billion worth of fundraising by Asia-Pacific financial institutions this year, including AIA Group Ltd.’s US$20.5 billion Hong Kong initial public offering in October. Valero Energy (NYSE:VLO) Valero Energy (NYSE:VLO) has shut down the fluid catalytic cracker at its refinery in Memphis. A spokesman of the Valero Energy (NYSE:VLO) company said that, Valero Energy (NYSE:VLO) has shut the fluid catalytic cracker at its refinery in Memphis, Tennessee, to repair a wet gas compressor. According to the reports, the refinery has a daily crude oil processing capacity of 195,000 barrels. Bill Day said in an interview that, "We have not come up with a timetable for repairs, and we won't know the impact until we know how long the unit will be shut down. The catalytic cracker can process 70,000 barrels per day." We could possibly see more movement when trading continues for Google Inc. (NASDAQ:GOOG), Citigroup Inc. (NYSE:C) and Valero Energy (NYSE:VLO).
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