Financial news on March 4th, 2009

Business and Financial news
Already Bleak, Auto Sales Take a Fall in February

Sales were down 53 percent at G.M., 48 percent at Ford and 40 percent at Toyota from February 2008. Read more..

By BILL VLASIC and NICK BUNKLEY - The New York Times

An Empty In-Box, or With Just a Few E-Mail Messages? Read On

Suggestions for maintaining an empty in-box, a goal that has tantalized many since the dawn of e-mail. Read more..

By FARHAD MANJOO - The New York Times

Commercial Renters Have a New Worry: A Landlord’s Default

Tenants could be at risk of losing their space or money if the building’s owner defaults on a mortgage. Read more..

By ALISON GREGOR - The New York Times

Europe Backs Tariffs on U.S. Biofuel Imports

European producers have complained to trade regulators that their counterparts in the United States benefit from both U.S. and European subsidies. Read more..

By JAMES KANTER - The New York Times

It Rings, It Shoots, It Stumbles

T-Mobile is introducing the Samsung Memoir, the first 8-megapixel phone camera in the United States. Photos are excellent, but there’s a lot of mediocrity. Read more..

By DAVID POGUE - The New York Times

Japan Considers Loans to Struggling Exporters

The auto financing arm of Toyota could be an early beneficiary. Reports say it is seeking a $2 billion loan. Read more..

By HIROKO TABUCHI - The New York Times

San Diego Reinvents a Fading Quarry

An old sand and gravel pit will be redeveloped to include multifamily housing units, retail shops and some commercial office space. Read more..

By DAN LUZADDER - The New York Times

Study Urges More Oversight of Dietary Items

The steps the Food and Drug Administration has taken to more closely supervise the supplement industry do not go far enough, the report by the Government Accountability Office said. Read more..

By NATASHA SINGER - The New York Times

You’re Dead? That Won’t Stop the Debt Collector

Next of kin usually have no obligation to assume debts owed by the deceased, but collectors may still call. Read more..

By DAVID STREITFELD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE7.237.255.736.69753M
Wells Fargo & Co.WFC11.3111.328.949.66237M
JPMorgan ChaseJPM21.7421.7418.8019.30145M
Oracle Corp.ORCL15.4015.4814.8514.9671.3M
Cisco SystemsCSCO14.6515.5214.6315.2569.6M
AT&T Inc.T23.0723.4322.5523.0037.3M
Wal-Mart StoresWMT47.9649.2047.1548.4931.8M
UnitedHealth GroupUNH18.1118.5117.6217.9630.5M
HP Inc.HPQ28.9929.1828.2528.6526.7M
Abbott LaboratoriesABT46.5047.8645.5347.1824.7M
Johnson & JohnsonJNJ47.7849.3747.3949.1024.3M
Bristol-Myers SquibbBMY17.8718.7417.5018.4923.2M
Home DepotHD18.9919.3718.7019.0122.1M
Verizon CommunicationsVZ27.7728.6027.1628.1520.3M
Walt Disney & Co.DIS16.5217.2216.0916.9415.8M
Procter & GamblePG46.9348.0046.6747.3115.7M
International Business MachinesIBM88.9791.2487.6089.4915.4M
United TechnologiesUTX39.1739.8438.8839.169.74M
Gilead SciencesGILD45.3446.0044.6045.378.7M
Union PacificUNP37.1838.5536.5337.966.01M
Berkshire HathawayBRK.B2433.002490.002340.002450.0062K
Exchange Rates of March 4th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 99.160 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.273 CAD1 CAD = 0.785 USD
US DollarSwiss Franc1 USD = 1.167 CHF1 CHF = 0.857 USD
US DollarChinese Yuan1 USD = 6.844 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 125.480 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.892 GBP1 GBP = 1.122 EUR
EuroAustralian Dollar1 EUR = 1.948 AUD1 AUD = 0.513 EUR
EuroCanadian Dollar1 EUR = 1.611 CAD1 CAD = 0.621 EUR
EuroSwiss Franc1 EUR = 1.477 CHF1 CHF = 0.677 EUR
EuroChinese Yuan1 EUR = 8.660 CNY1 CNY = 0.115 EUR
Japanese YenPound Sterling1 JPY = 0.710 GBP1 GBP = 1.408 JPY
Japanese YenAustralian Dollar1 JPY = 1.552 AUD1 AUD = 0.644 JPY
Japanese YenCanadian Dollar1 JPY = 1.283 CAD1 CAD = 0.779 JPY
Japanese YenSwiss Franc1 JPY = 1.177 CHF1 CHF = 0.849 JPY
Pound SterlingAustralian Dollar1 GBP = 2.184 AUD1 AUD = 0.458 GBP
Pound SterlingCanadian Dollar1 GBP = 1.807 CAD1 CAD = 0.553 GBP
Pound SterlingSwiss Franc1 GBP = 1.657 CHF1 CHF = 0.604 GBP
Pound SterlingChinese Yuan1 GBP = 9.700 CNY1 CNY = 0.103 GBP
Australian DollarCanadian Dollar1 AUD = 0.827 CAD1 CAD = 1.210 AUD
Australian DollarSwiss Franc1 AUD = 0.758 CHF1 CHF = 1.320 AUD
Australian DollarChinese Yuan1 AUD = 4.445 CNY1 CNY = 0.225 AUD
Canadian DollarSwiss Franc1 CAD = 0.917 CHF1 CHF = 1.091 CAD
Canadian DollarChinese Yuan1 CAD = 5.369 CNY1 CNY = 0.186 CAD
Swiss FrancChinese Yuan1 CHF = 5.852 CNY1 CNY = 0.171 CHF

See what else happened on March 4th, 2009