Financial news on September 02, 2009

Business and Financial news
Better News, but Retail Prospects Are Still Dim

While the economy has begun to show signs of improvement, a continuing reluctance to spend on the part of consumers could serve as a major drag on the recovery. Read more..

By STEPHANIE ROSENBLOOM - The New York Times

Freedom Communications Files for Bankruptcy Protection

The company, which owns The Orange County Register and other daily newspapers, expects to cut its debt by more than half. Read more..

By MICHAEL J. de la MERCED - The New York Times

Harvard Backs Off Media Policy

A new policy sought to require students to get approval from the dean’s office before speaking with the news media. Read more..

By DUFF WILSON - The New York Times

Hollywood’s Great Scenes, Starring You

Yoostar’s special-effects software puts you in the picture with your favorite movie stars. But the technology isn’t quite ready for its close-up. Read more..

By DAVID POGUE - The New York Times

In a Sale, Skype Wins a Chance to Prosper

The $1.9 billion deal values Skype, the Internet calling service, at $2.75 billion, higher than many analysts had expected. Read more..

By BRAD STONE - The New York Times

Pfizer Pays $2.3 Billion to Settle Marketing Case

The government charged that executives throughout the company planned schemes to illegally market Bextra and other drugs. Read more..

By GARDINER HARRIS - The New York Times

Retailers Take a Chance on a Mall in the Bronx

The Gateway Center, once the home of the Bronx Terminal Market, hopes to draw urban shoppers with many big-box stores. Read more..

By JANE L. LEVERE - The New York Times

Tesco, British Grocer, Uses Weather to Predict Sales

Lower-than-expected temperatures leave stores with unsold food that must be burned or dumped in landfills. Read more..

By JULIA WERDIGIER - The New York Times

The Race to Be an Early Adopter of Technologies Goes Mainstream, a Survey Finds

A new study shows that wide swaths of America play video games, use broadband Internet and have cellphones and PCs. Read more..

By JENNA WORTHAM - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 13.21 13.32 13.03 13.20 70.4M
Wells Fargo & Co. WFC 26.10 26.70 25.89 26.09 53.9M
Intel INTC 19.70 19.83 19.47 19.47 41.6M
Microsoft MSFT 23.82 24.14 23.78 23.86 40.8M
Cisco Systems CSCO 21.09 21.73 21.07 21.55 40.3M
Pfizer PFE 16.35 16.50 16.13 16.28 40M
JPMorgan Chase JPM 41.51 42.11 40.75 40.86 35.9M
AT&T Inc. T 25.43 25.56 25.13 25.37 29.3M
Comcast CMCSA 15.13 15.53 15.05 15.42 22.1M
Oracle Corp. ORCL 21.83 22.03 21.68 21.77 21M
Coca-Cola KO 48.55 50.30 48.55 49.80 20.4M
Altria MO 18.16 18.37 18.06 18.28 17.9M
ExxonMobil XOM 68.35 68.90 68.12 68.18 16.3M
HP Inc. HPQ 43.65 44.50 43.60 44.25 16.2M
Walt Disney & Co. DIS 25.63 25.65 25.26 25.40 14.8M
UnitedHealth Group UNH 27.37 29.13 27.36 28.66 14.4M
Abbott Laboratories ABT 45.10 45.39 44.72 45.00 14.1M
ConocoPhillips COP 44.74 44.87 44.23 44.34 13.9M
Merck MRK 31.37 31.40 30.75 30.81 13.6M
Wal-Mart Stores WMT 50.79 51.05 50.77 50.92 13.4M
Apple AAPL 164.62 167.61 164.11 165.18 13M
Verizon Communications VZ 30.29 30.47 30.09 30.14 11.5M
Home Depot HD 26.62 26.82 26.35 26.53 10.7M
Pepsico PEP 55.99 56.62 55.69 56.35 8.9M
Schlumberger SLB 54.20 54.92 53.92 54.06 8.88M
Procter & Gamble PG 52.95 53.22 52.75 52.80 8.88M
Johnson & Johnson JNJ 59.67 60.02 59.47 59.76 8.59M
Chevron CVX 68.40 69.15 68.00 68.04 8.07M
Bristol-Myers Squibb BMY 21.71 21.85 21.58 21.73 7.86M
McDonald's MCD 55.64 55.70 54.69 55.37 6.96M
Amazon AMZN 79.04 80.15 77.80 78.14 6.51M
Gilead Sciences GILD 45.19 45.75 44.93 45.29 6.42M
Amgen AMGN 58.83 59.34 58.56 59.10 5.19M
International Business Machines IBM 116.34 117.24 116.00 116.09 5.18M
Boeing BA 48.59 48.98 48.16 48.40 3.84M
United Technologies UTX 58.99 59.29 58.67 58.85 3.72M
Alphabet GOOGL 455.82 458.33 452.59 453.01 3.61M
Visa V 69.77 70.86 69.43 70.10 3.33M
3M MMM 70.48 71.18 69.89 70.58 3.26M
Union Pacific UNP 58.88 59.60 58.56 58.70 3.15M
Berkshire Hathaway BRK.B 3198.00 3208.00 3181.00 3190.00 17.3K
Exchange Rates of September 02, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92.230 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.105 CAD 1 CAD = 0.905 USD
US Dollar Swiss Franc 1 USD = 1.061 CHF 1 CHF = 0.942 USD
US Dollar Chinese Yuan 1 USD = 6.831 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 131.520 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.877 GBP 1 GBP = 1.141 EUR
Euro Australian Dollar 1 EUR = 1.710 AUD 1 AUD = 0.585 EUR
Euro Canadian Dollar 1 EUR = 1.575 CAD 1 CAD = 0.635 EUR
Euro Swiss Franc 1 EUR = 1.513 CHF 1 CHF = 0.661 EUR
Euro Chinese Yuan 1 EUR = 9.745 CNY 1 CNY = 0.103 EUR
Japanese Yen Pound Sterling 1 JPY = 0.666 GBP 1 GBP = 1.501 JPY
Japanese Yen Australian Dollar 1 JPY = 1.300 AUD 1 AUD = 0.769 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.197 CAD 1 CAD = 0.835 JPY
Japanese Yen Swiss Franc 1 JPY = 1.150 CHF 1 CHF = 0.869 JPY
Pound Sterling Australian Dollar 1 GBP = 1.950 AUD 1 AUD = 0.513 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.797 CAD 1 CAD = 0.557 GBP
Pound Sterling Swiss Franc 1 GBP = 1.726 CHF 1 CHF = 0.579 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.921 CAD 1 CAD = 1.086 AUD
Australian Dollar Swiss Franc 1 AUD = 0.885 CHF 1 CHF = 1.131 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.697 CNY 1 CNY = 0.176 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.960 CHF 1 CHF = 1.042 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.182 CNY 1 CNY = 0.162 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.440 CNY 1 CNY = 0.155 CHF

See what else happened on September 02, 2009