Financial news on February 01, 2011

Business and Financial news
A Passport Is the Easy Part

As international business travel begins to rebound, fliers’ to-do lists get longer, including international cellphone coverage, credit card notifications and security. Read more..

By JULIE WEED - The New York Times

Crisis Management for Travelers in Egypt

Demand for any available airplane in Europe and the Middle East is ferocious, and companies are chartering planes to get employees to London and Dubai. Read more..

By JOE SHARKEY - The New York Times

Despite Posting Losses, Chrysler Says It Will End 2011 With a Profit

The carmaker lost $199 million in the fourth quarter and had a loss for 2010, but it pledged to return to profitability on the strength of new products. Read more..

By BILL VLASIC - The New York Times

Exxon’s Profit Rises in Quarter, Helped by Higher Oil Prices

Oil companies have benefited not only from strengthening oil prices but also from improved margins in their refinery businesses. Read more..

By CLIFFORD KRAUSS - The New York Times

Fish Farming Overtaking Traditional Fisheries

But a scientist at the U.N. Food and Agriculture Organization says aquaculture cannot continue growing indefinitely at the current pace. Read more..

By DAVID JOLLY - International Herald Tribune

India Approves Long-Delayed Steel Mill Project

The project, proposed by the South Korean company Posco, is seen as a way to gauge India’s interest in big foreign investment. Read more..

By VIKAS BAJAJ - The New York Times

Intel, Finding a Chip Flaw, Expects to Lose $1 Billion

Intel said that 5 percent of the Series 6, or Cougar Point, chipset, which recently started shipping, might fail over the next three to five years. Read more..

By VERNE G. KOPYTOFF - The New York Times

Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By DEALBOOK - The New York Times

The Paradox of Corporate Taxes

With one of the world’s highest corporate tax rates, the United States still raises less revenue from corporations than it used to. The reason is in the tax code. Read more..

By DAVID LEONHARDT - The New York Times

W.T.O. Is Said to Affirm That Boeing Got Improper Subsidies

The confidential finding was in response to a longstanding complaint by the European Union over United States support of Boeing. Read more..

By NICOLA CLARK and CHRISTOPHER DREW - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 18.49 19.39 18.46 19.22 135M
General Electric GE 20.38 20.90 20.30 20.80 68.3M
Microsoft MSFT 27.80 28.06 27.61 27.99 62.8M
Intel INTC 21.49 21.70 21.28 21.48 61M
ExxonMobil XOM 81.14 83.96 81.04 83.91 40.8M
Cisco Systems CSCO 21.27 21.56 21.26 21.47 40.5M
Oracle Corp. ORCL 32.17 33.43 32.11 33.24 32.6M
Wells Fargo & Co. WFC 32.61 33.49 32.53 33.44 31.4M
JPMorgan Chase JPM 45.20 46.00 45.16 45.93 28.3M
General Motors GM 36.93 37.23 36.13 36.45 28.1M
Abbott Laboratories ABT 45.18 45.45 45.08 45.23 27.7M
AT&T Inc. T 27.92 27.92 27.64 27.87 26.4M
Merck MRK 33.34 34.04 32.90 34.00 21.4M
Verizon Communications VZ 36.28 36.34 35.90 36.27 16.4M
Altria MO 23.65 23.71 23.48 23.58 16.2M
Comcast CMCSA 22.90 23.45 22.80 23.40 15.3M
ConocoPhillips COP 71.62 72.01 71.52 71.71 15.2M
Apple AAPL 341.30 345.65 340.98 345.03 15.2M
Johnson & Johnson JNJ 59.70 60.74 59.70 60.63 14.8M
Procter & Gamble PG 63.43 63.61 62.72 62.92 14.6M
HP Inc. HPQ 46.08 46.60 45.90 46.52 14.5M
Wal-Mart Stores WMT 56.37 56.58 55.91 56.33 12.9M
Bristol-Myers Squibb BMY 25.35 25.44 25.21 25.27 10.5M
Schlumberger SLB 89.48 90.42 88.90 89.64 10M
Chevron CVX 95.63 96.49 95.17 96.22 9.95M
Home Depot HD 36.94 37.13 36.50 36.99 9.62M
Walt Disney & Co. DIS 39.04 39.95 39.04 39.88 9.28M
UnitedHealth Group UNH 41.36 42.18 41.29 42.07 9.07M
Gilead Sciences GILD 38.74 38.79 38.28 38.50 8.83M
McDonald's MCD 74.22 74.26 73.20 73.47 8.47M
Coca-Cola KO 62.88 63.32 62.85 63.05 8.01M
Pepsico PEP 64.53 65.14 64.30 65.05 7.14M
Visa V 70.21 71.73 70.21 70.70 6.36M
International Business Machines IBM 162.11 163.94 162.00 163.56 5.83M
Amgen AMGN 55.23 55.88 55.11 55.71 5.62M
Alphabet GOOGL 604.49 613.36 603.11 611.04 5.49M
Amazon AMZN 170.52 173.10 169.51 172.11 5.09M
Boeing BA 70.00 70.50 69.60 70.29 4.78M
Berkshire Hathaway BRK.B 82.06 83.50 82.06 83.35 4.63M
3M MMM 88.02 88.30 87.44 87.79 4M
United Technologies UTX 81.63 82.06 81.43 81.83 3.52M
Union Pacific UNP 95.38 96.00 94.85 95.43 2.88M
Exchange Rates of February 01, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.340 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.991 CAD 1 CAD = 1.010 USD
US Dollar Swiss Franc 1 USD = 0.935 CHF 1 CHF = 1.069 USD
US Dollar Chinese Yuan 1 USD = 6.595 CNY 1 CNY = 0.152 USD
Euro Japanese Yen 1 EUR = 112.480 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.856 GBP 1 GBP = 1.168 EUR
Euro Australian Dollar 1 EUR = 1.367 AUD 1 AUD = 0.731 EUR
Euro Canadian Dollar 1 EUR = 1.370 CAD 1 CAD = 0.730 EUR
Euro Swiss Franc 1 EUR = 1.293 CHF 1 CHF = 0.773 EUR
Euro Chinese Yuan 1 EUR = 9.120 CNY 1 CNY = 0.110 EUR
Japanese Yen Pound Sterling 1 JPY = 0.761 GBP 1 GBP = 1.314 JPY
Japanese Yen Australian Dollar 1 JPY = 1.215 AUD 1 AUD = 0.823 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.217 CAD 1 CAD = 0.821 JPY
Japanese Yen Swiss Franc 1 JPY = 1.150 CHF 1 CHF = 0.870 JPY
Pound Sterling Australian Dollar 1 GBP = 1.597 AUD 1 AUD = 0.626 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.599 CAD 1 CAD = 0.625 GBP
Pound Sterling Swiss Franc 1 GBP = 1.510 CHF 1 CHF = 0.662 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.648 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.002 CAD 1 CAD = 0.999 AUD
Australian Dollar Swiss Franc 1 AUD = 0.946 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.674 CNY 1 CNY = 0.150 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.944 CHF 1 CHF = 1.059 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.657 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.049 CNY 1 CNY = 0.142 CHF

See what else happened on February 01, 2011