Financial news on March 2nd, 2010
Business and Financial news
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..
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..
The chairman of the Senate Banking Committee proposed giving the Federal Reserve responsibility for protecting consumers from abusive and deceptive financial products. Read more..
The National Highway Traffic Safety Administration receives more than 30,000 complaints each year that capture more than 40 data points. Read more..
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..
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..
A burst of enthusiasm was not enough to propel the Dow Jones industrial average above its Dec. 31 close. Read more..
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..
Ten links answers form a word ladder. Read more..
The fees and taxes on airline tickets are already high, and there are proposals to increase them. Read more..
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 2nd, 2010
Currencies | Exchange 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 |
See what else happened on March 2nd, 2010