Financial news on October 02, 2008

Business and Financial news
After Two Days of Whiplash, a Small Decline for Stocks

Despite signs that investors might be betting on a successful vote on the bailout package in the Senate, anxiety still lingered among investors, particularly about credit problems. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

As Cash Leaves, Money Funds Sign Up for U.S. Protection

Some of the nation’s largest mutual fund companies have requested protection from the U.S. government, but the money is still flowing out of the funds, threatening short-term credit. Read more..

By DIANA B. HENRIQUES - The New York Times

But Wait! There’s More! (Again)

A group of investors is trying to rejuvenate Ronco, the housewares company, and one of its old products, the Veg-O-Matic. Read more..

By STEPHANIE CLIFFORD - The New York Times

Falling Oil Price Is a Positive Note Amid Turmoil

If prices keep dropping, consumers will have billions more dollars in their wallets, giving the economy some support. Read more..

By JAD MOUAWAD - The New York Times

Files Saved in a Flash

If solid-state hard drives and flash memory sticks have no moving parts, how do they record data? Read more..

By J. D. BIERSDORFER - The New York Times

Ireland: Unemployment at a High

Unemployment in Ireland rose in September to the highest level in 11 years as the housing slump and global credit crisis curbed economic growth and hiring. Read more..

By BLOOMBERG NEWS - The New York Times

Small Businesses Feeling the Chill

Whether because banks won’t lend to them, or because they don’t want to take risks in a difficult market, small businesses have been sitting still. Read more..

By LOUIS UCHITELLE - The New York Times

Stealth Mode for Web Surfers

How is using a private browsing mode in a Web browser any different than just clearing out the temporary Internet files in a computer? Read more..

By J. D. BIERSDORFER - The New York Times

Weathering the Financial Crisis

The Citigroup Inc. financial adviser Michael Sawyer discusses some of the difficulties of advising clients during the credit crisis. Read more..

Erik Olsen - The New York Times

Women Business Owners Seek Better Access to Federal Contracts

The effort to obtain more contracts for female-owned businesses comes as increasing numbers of women are running their own companies. Read more..

By ELIZABETH OLSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 22,83 22,89 22,01 22,15 520M
Microsoft MSFT 26,18 26,53 25,70 26,25 93.8M
Intel INTC 18,24 18,26 17,13 17,20 80.7M
Cisco Systems CSCO 21,95 21,99 21,05 21,20 61.9M
Pfizer PFE 18,82 19,16 18,70 18,79 59.2M
Apple AAPL 108,01 108,79 100,00 100,10 57.5M
JPMorgan Chase JPM 49,25 49,85 46,72 49,85 53.9M
ExxonMobil XOM 77,77 79,41 76,44 77,50 44.1M
Oracle Corp. ORCL 19,84 19,99 19,36 19,49 44M
Wells Fargo & Co. WFC 37,00 37,66 35,01 35,16 39.4M
AT&T Inc. T 28,20 28,59 27,65 27,97 32.5M
Johnson & Johnson JNJ 67,96 68,26 67,65 67,79 30.9M
Comcast CMCSA 19,35 19,56 18,30 18,35 28.7M
HP Inc. HPQ 44,27 44,30 41,95 43,26 28.4M
Abbott Laboratories ABT 57,88 59,93 57,85 58,90 25M
Procter & Gamble PG 70,91 71,94 70,52 71,44 21.8M
Wal-Mart Stores WMT 59,66 59,85 58,23 58,85 21.2M
Verizon Communications VZ 31,40 31,77 30,89 31,27 21M
ConocoPhillips COP 69,70 69,72 66,53 67,72 21M
Altria MO 20,46 20,69 19,99 20,08 20.5M
Chevron CVX 81,50 81,99 78,87 79,56 18.8M
Home Depot HD 25,71 26,06 24,68 24,86 18.5M
Merck MRK 31,73 32,46 31,06 31,10 17.5M
Schlumberger SLB 74,93 75,25 69,77 72,06 16M
Coca-Cola KO 53,05 54,27 52,90 53,60 15.3M
Union Pacific UNP 68,90 68,99 60,40 62,10 14.7M
Alphabet GOOGL 409,79 409,98 386,00 390,49 12M
Bristol-Myers Squibb BMY 20,77 21,18 20,30 20,40 12M
Walt Disney & Co. DIS 30,42 30,81 29,90 29,96 11.8M
International Business Machines IBM 108,48 109,97 103,04 104,74 11.5M
Amgen AMGN 59,20 60,00 58,29 58,59 11.2M
McDonald's MCD 63,64 63,90 61,17 61,88 10.9M
Pepsico PEP 71,18 72,24 70,77 70,91 10.9M
United Technologies UTX 58,45 58,89 54,89 54,98 10.5M
UnitedHealth Group UNH 25,09 25,46 24,70 24,76 10.1M
Visa V 61,49 61,49 57,31 57,59 8.8M
Amazon AMZN 67,63 68,96 65,41 67,36 8.73M
Boeing BA 56,33 56,97 53,34 53,58 8.13M
3M MMM 66,91 67,75 65,51 65,60 7.88M
Gilead Sciences GILD 45,55 46,52 44,62 44,69 7.77M
Berkshire Hathaway BRK.B 4575,00 4625,00 4500,00 4608,00 73.9K
Exchange Rates of October 02, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 105,340 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,079 CAD 1 CAD = 0,927 USD
US Dollar Swiss Franc 1 USD = 1,137 CHF 1 CHF = 0,880 USD
US Dollar Chinese Yuan 1 USD = 6,844 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 145,380 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,783 GBP 1 GBP = 1,277 EUR
Euro Australian Dollar 1 EUR = 1,785 AUD 1 AUD = 0,560 EUR
Euro Canadian Dollar 1 EUR = 1,489 CAD 1 CAD = 0,671 EUR
Euro Swiss Franc 1 EUR = 1,569 CHF 1 CHF = 0,637 EUR
Euro Chinese Yuan 1 EUR = 9,458 CNY 1 CNY = 0,106 EUR
Japanese Yen Pound Sterling 1 JPY = 0,538 GBP 1 GBP = 1,859 JPY
Japanese Yen Australian Dollar 1 JPY = 1,228 AUD 1 AUD = 0,814 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,024 CAD 1 CAD = 0,977 JPY
Japanese Yen Swiss Franc 1 JPY = 1,078 CHF 1 CHF = 0,928 JPY
Pound Sterling Australian Dollar 1 GBP = 2,280 AUD 1 AUD = 0,439 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,902 CAD 1 CAD = 0,526 GBP
Pound Sterling Swiss Franc 1 GBP = 2,004 CHF 1 CHF = 0,499 GBP
Pound Sterling Chinese Yuan 1 GBP = 12,070 CNY 1 CNY = 0,083 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,834 CAD 1 CAD = 1,199 AUD
Australian Dollar Swiss Franc 1 AUD = 0,878 CHF 1 CHF = 1,138 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,296 CNY 1 CNY = 0,189 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,053 CHF 1 CHF = 0,949 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,346 CNY 1 CNY = 0,158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,024 CNY 1 CNY = 0,166 CHF

See what else happened on October 02, 2008