Financial news on March 02, 2010

Business and Financial news
Buffett Casts a Wary Eye on Bankers

In his annual letter to shareholders, Warren Buffett took a shot at Wall Street and the incentive system for corporate “advice” on deals. Read more..

By ANDREW ROSS SORKIN - The New York Times

Campaign Commemorates Oscar’s Big Apple Connection (‘French’ and Otherwise)

A campaign is under way in New York to promote a weeklong celebration of the Academy Awards that takes a Gotham-centric focus. Read more..

By STUART ELLIOTT - The New York Times

Dodd Proposes Giving Fed the Task of Consumer Protection

The chairman of the Senate Banking Committee proposed giving the Federal Reserve responsibility for protecting consumers from abusive and deceptive financial products. Read more..

By SEWELL CHAN - The New York Times

How Safety Agency Investigates Complaints

The National Highway Traffic Safety Administration receives more than 30,000 complaints each year that capture more than 40 data points. Read more..

By JO CRAVEN McGINTY - The New York Times

HSBC Disappoints on Profit and Warns on Bad Loans

The bank’s profit for 2009 rose 1.9 percent to $5.8 billion, but the number was lower than analysts’ expectations. The bank also said it set more money aside for bad loans. Read more..

By JULIA WERDIGIER and BETTINA WASSENER - International Herald Tribune

Justices Hear Appeal of Ex-Chief of Enron

A lawyer for Jeffrey K. Skilling argued before the justices that poor jury selection and a vague honest-services law helped to convict his client unfairly in 2006. Read more..

By ADAM LIPTAK - The New York Times

Nasdaq and S.&P. Positive for the Year

A burst of enthusiasm was not enough to propel the Dow Jones industrial average above its Dec. 31 close. Read more..

By JAVIER C. HERNANDEZ - The New York Times

New Scrutiny on Censorship Issues for U.S. Companies in China

Now that Google has thrown down the gauntlet, American companies may find arguments about the need to obey local laws do not offer blanket protection from questions about conduct. Read more..

By DAN LEVIN - International Herald Tribune

Period Described

Ten links answers form a word ladder. Read more..

By JIM HORNE - The New York Times

Taxes and Fees Grow for Air Travelers

The fees and taxes on airline tickets are already high, and there are proposals to increase them. Read more..

By SUSAN STELLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29,08 29,30 28,24 28,46 93.1M
Pfizer PFE 17,87 17,88 17,55 17,60 64.7M
Intel INTC 20,99 21,09 20,58 20,70 59.4M
General Electric GE 15,92 15,95 15,83 15,90 52.6M
Cisco Systems CSCO 24,66 24,75 24,44 24,61 51.4M
Wells Fargo & Co. WFC 27,40 28,21 27,37 27,87 45.6M
JPMorgan Chase JPM 41,98 42,40 41,36 41,62 33.9M
AT&T Inc. T 25,00 25,06 24,71 24,88 33.4M
ExxonMobil XOM 65,66 65,79 65,15 65,49 24.8M
Oracle Corp. ORCL 24,79 24,95 24,52 24,58 23.5M
Comcast CMCSA 16,83 16,97 16,70 16,80 22.3M
Apple AAPL 209,93 210,83 207,74 208,85 20.2M
Verizon Communications VZ 29,05 29,28 28,90 29,26 18.5M
Schlumberger SLB 61,59 62,88 61,00 62,81 17.7M
Home Depot HD 31,39 31,58 31,27 31,36 15.2M
Berkshire Hathaway BRK.B 82,29 82,73 80,75 80,77 15.2M
HP Inc. HPQ 51,56 51,74 50,93 51,12 15M
Wal-Mart Stores WMT 53,83 53,89 53,47 53,59 14.1M
Walt Disney & Co. DIS 31,41 31,92 31,39 31,88 14.1M
ConocoPhillips COP 49,33 49,92 49,20 49,71 13.2M
Altria MO 20,36 20,45 20,30 20,33 12.7M
Merck MRK 37,58 37,69 37,32 37,39 12.3M
Coca-Cola KO 53,38 53,69 53,15 53,30 12.3M
Amazon AMZN 125,01 127,35 124,80 125,53 12.1M
Bristol-Myers Squibb BMY 24,59 24,78 24,45 24,72 10.4M
Abbott Laboratories ABT 54,22 54,70 54,13 54,58 10.4M
Pepsico PEP 63,61 64,00 63,42 63,80 9.53M
Chevron CVX 73,18 73,91 73,01 73,32 9.26M
Johnson & Johnson JNJ 63,31 63,64 63,02 63,44 9.01M
Alphabet GOOGL 535,48 545,66 535,01 541,06 8.7M
Procter & Gamble PG 63,72 63,87 63,34 63,71 8M
Gilead Sciences GILD 47,24 47,56 46,99 47,54 7.78M
Amgen AMGN 56,91 57,02 56,47 56,87 7.22M
UnitedHealth Group UNH 34,11 34,37 33,61 33,95 7.08M
McDonald's MCD 64,42 64,42 63,91 64,07 6.27M
International Business Machines IBM 128,70 129,09 127,13 127,42 6.01M
United Technologies UTX 69,89 70,00 69,64 69,75 5.96M
Boeing BA 64,64 65,33 64,36 64,44 4.38M
Union Pacific UNP 67,90 68,10 66,93 67,27 4.27M
3M MMM 80,74 81,38 80,58 81,13 3.37M
Visa V 86,82 86,98 86,25 86,45 3.23M
Exchange Rates of March 02, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 88,840 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,036 CAD 1 CAD = 0,966 USD
US Dollar Swiss Franc 1 USD = 1,075 CHF 1 CHF = 0,930 USD
US Dollar Chinese Yuan 1 USD = 6,828 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 120,960 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,909 GBP 1 GBP = 1,100 EUR
Euro Australian Dollar 1 EUR = 1,507 AUD 1 AUD = 0,664 EUR
Euro Canadian Dollar 1 EUR = 1,410 CAD 1 CAD = 0,709 EUR
Euro Swiss Franc 1 EUR = 1,463 CHF 1 CHF = 0,683 EUR
Euro Chinese Yuan 1 EUR = 9,292 CNY 1 CNY = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,752 GBP 1 GBP = 1,331 JPY
Japanese Yen Australian Dollar 1 JPY = 1,245 AUD 1 AUD = 0,803 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,166 CAD 1 CAD = 0,858 JPY
Japanese Yen Swiss Franc 1 JPY = 1,210 CHF 1 CHF = 0,827 JPY
Pound Sterling Australian Dollar 1 GBP = 1,657 AUD 1 AUD = 0,604 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,550 CAD 1 CAD = 0,645 GBP
Pound Sterling Swiss Franc 1 GBP = 1,608 CHF 1 CHF = 0,622 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,207 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,936 CAD 1 CAD = 1,069 AUD
Australian Dollar Swiss Franc 1 AUD = 0,971 CHF 1 CHF = 1,030 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,171 CNY 1 CNY = 0,162 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,037 CHF 1 CHF = 0,964 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,593 CNY 1 CNY = 0,152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,349 CNY 1 CNY = 0,158 CHF

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