Financial news on February 4th, 2009
Business and Financial news
Can the Cellphone Industry Keep Growing?
Motorola’s latest decline underscores the challenge for the industry: how to expand when most people already have a phone. Read more..
Foreign Firms Lining Up for Piece of Stimulus
Despite the chatter about trade protectionism, foreign businesses are gearing up to win a piece of the package. Read more..
Revenue Rose, but Loss Deepens for Game Maker
Video game maker Electronic Arts continued to struggle during the third quarter as the company reduced its outlook for the full year. Read more..
U.S. Plans $500,000 Cap on Executive Pay in Bailouts
The new rules come amid public anger about huge pay packages at financial companies being propped up by federal tax dollars. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 11.56 | 11.78 | 11.19 | 11.26 | 103M |
| Cisco Systems | CSCO | 15.72 | 16.16 | 15.38 | 15.84 | 95.8M |
| Wells Fargo & Co. | WFC | 18.50 | 19.30 | 17.28 | 17.45 | 89.5M |
| Intel | INTC | 13.78 | 14.56 | 13.71 | 13.88 | 77.7M |
| Microsoft | MSFT | 18.54 | 19.00 | 18.50 | 18.63 | 75.6M |
| Pfizer | PFE | 15.04 | 15.17 | 14.53 | 14.57 | 65.6M |
| JPMorgan Chase | JPM | 24.25 | 25.50 | 23.74 | 24.04 | 55.3M |
| Walt Disney & Co. | DIS | 19.59 | 20.09 | 18.71 | 19.00 | 48.8M |
| AT&T Inc. | T | 25.54 | 25.94 | 24.40 | 24.66 | 35.6M |
| Comcast | CMCSA | 13.84 | 14.89 | 13.59 | 14.16 | 30.5M |
| ExxonMobil | XOM | 78.63 | 78.89 | 77.05 | 77.66 | 29.6M |
| Apple | AAPL | 93.24 | 96.25 | 93.10 | 93.55 | 28.9M |
| Oracle Corp. | ORCL | 17.15 | 17.63 | 17.05 | 17.21 | 26.6M |
| Wal-Mart Stores | WMT | 46.89 | 47.59 | 46.29 | 46.42 | 26.5M |
| Abbott Laboratories | ABT | 57.15 | 57.30 | 55.76 | 55.91 | 23.4M |
| Verizon Communications | VZ | 31.65 | 31.85 | 30.51 | 30.61 | 19M |
| ConocoPhillips | COP | 46.83 | 46.83 | 45.51 | 45.83 | 18.9M |
| Home Depot | HD | 21.84 | 22.07 | 21.50 | 21.73 | 18.5M |
| Procter & Gamble | PG | 54.33 | 54.45 | 52.21 | 52.52 | 14.8M |
| HP Inc. | HPQ | 36.05 | 37.00 | 35.87 | 36.03 | 14.5M |
| Bristol-Myers Squibb | BMY | 23.11 | 23.40 | 22.61 | 22.73 | 14.4M |
| Amazon | AMZN | 63.38 | 63.44 | 60.83 | 61.06 | 13.7M |
| Alphabet | GOOGL | 340.30 | 354.44 | 339.17 | 343.00 | 13.6M |
| UnitedHealth Group | UNH | 29.80 | 29.94 | 28.75 | 28.98 | 13M |
| Merck | MRK | 30.25 | 30.86 | 29.60 | 29.90 | 13M |
| Chevron | CVX | 72.25 | 72.93 | 71.01 | 71.60 | 12.1M |
| Johnson & Johnson | JNJ | 58.71 | 59.13 | 57.67 | 57.96 | 11.4M |
| International Business Machines | IBM | 93.74 | 94.91 | 91.82 | 92.83 | 10.2M |
| Schlumberger | SLB | 41.55 | 43.29 | 41.40 | 42.28 | 9.64M |
| McDonald's | MCD | 59.17 | 59.77 | 57.50 | 57.86 | 9.27M |
| Coca-Cola | KO | 43.35 | 43.55 | 42.28 | 42.40 | 9.15M |
| Gilead Sciences | GILD | 53.12 | 53.28 | 51.60 | 51.96 | 8.92M |
| Visa | V | 48.86 | 50.24 | 48.56 | 49.13 | 8.29M |
| Amgen | AMGN | 56.79 | 57.85 | 56.17 | 56.77 | 7.42M |
| Altria | MO | 16.91 | 17.03 | 16.70 | 16.75 | 7.26M |
| Pepsico | PEP | 51.54 | 52.23 | 51.00 | 51.49 | 6.9M |
| Boeing | BA | 42.12 | 42.97 | 41.69 | 41.97 | 6.73M |
| Union Pacific | UNP | 45.73 | 47.37 | 45.17 | 46.16 | 5.95M |
| United Technologies | UTX | 48.27 | 48.86 | 47.35 | 47.53 | 5.59M |
| 3M | MMM | 51.91 | 52.45 | 50.61 | 50.84 | 4.72M |
| Berkshire Hathaway | BRK.B | 2980.00 | 3027.00 | 2957.00 | 2994.00 | 18K |
Exchange Rates of February 4th, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 89.420 JPY | 1 JPY = 0.011 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.232 CAD | 1 CAD = 0.812 USD |
| US Dollar | Swiss Franc | 1 USD = 1.158 CHF | 1 CHF = 0.863 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.835 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 114.890 JPY | 1 JPY = 0.009 EUR |
| Euro | Pound Sterling | 1 EUR = 0.888 GBP | 1 GBP = 1.126 EUR |
| Euro | Australian Dollar | 1 EUR = 1.995 AUD | 1 AUD = 0.501 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.583 CAD | 1 CAD = 0.632 EUR |
| Euro | Swiss Franc | 1 EUR = 1.488 CHF | 1 CHF = 0.672 EUR |
| Euro | Chinese Yuan | 1 EUR = 8.779 CNY | 1 CNY = 0.114 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.773 GBP | 1 GBP = 1.294 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.735 AUD | 1 AUD = 0.576 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.378 CAD | 1 CAD = 0.726 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.295 CHF | 1 CHF = 0.772 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.246 AUD | 1 AUD = 0.445 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.783 CAD | 1 CAD = 0.561 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.676 CHF | 1 CHF = 0.597 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 9.874 CNY | 1 CNY = 0.101 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.793 CAD | 1 CAD = 1.261 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.746 CHF | 1 CHF = 1.341 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.410 CNY | 1 CNY = 0.227 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.940 CHF | 1 CHF = 1.064 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.544 CNY | 1 CNY = 0.180 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 5.898 CNY | 1 CNY = 0.170 CHF |
See what else happened on February 4th, 2009