Financial news on October 04, 2010

Business and Financial news
Advertising Week Hints at Better Times

An industry event last week had plenty of promotional gifts, some big-name speakers and a related contest for the worst ad in America. Read more..

By STUART ELLIOTT and TANZINA VEGA - The New York Times

Bidders Said to Line Up for R.B.S. Portfolio

Royal Bank of Scotland may be selling a £3 billion portfolio of property loans, and at least three potential bidders are casting an eye over it, The Sunday Times reported. Read more..

By DEALBOOK - The New York Times

Business World Using Commonwealth Games to Assess India

Many of the same Western nations that were publicly upset by India’s lack of sports preparedness have recently stepped up their trade efforts with the country. Read more..

By HEATHER TIMMONS - The New York Times

Dealbreaker Sales Talks: A Hot Market for Blogs

With a sale of Dealbreaker to the Observer Media Group potentially in the offing, blogs are in high demand from older media companies looking for unique editorial voices. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Doerr Brothers Spy Turning Point on Medical E-Records

John Doerr, the well-known venture capitalist, and his brother, Dr. Tom Doerr, a physician and software designer, see a possible turning point for their business with Apple’s iPad and a national mandate for digital medical records. Read more..

By DEALBOOK - The New York Times

Law Firms Orrick and Akin Gump End Merger Talks

Less than a week after announcing they were in preliminary discussions to merge, the big law firms Orrick, Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld said Monday that they had ended talks. Read more..

By THOMAS KAPLAN - The New York Times

Lehman Omnipresent in Nomura’s Push Into U.S.

Former Lehman Brothers employees have reunited at the American headquarters of Nomura, a Japanese brokerage giant that bought the failed bank’s international operations. Read more..

By DEALBOOK - The New York Times

Lehman Omnipresent in Nomura’s Push Into U.S.

Former Lehman Brothers employees have reunited at the American headquarters of a Japanese brokerage giant. Read more..

By GRAHAM BOWLEY - The New York Times

Sanofi’s Chief: Genzyme, Give Us a Number

Sanofi’s chief executive told DealBook that Monday’s tender offer for Genzyme shares makes sense, and that absent a firm valuation its $18.5 billion offer won’t change. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Stage Is Set (Again) for a Blue-Chip Revival

Every since big blue-chip domestic stocks fell out of favor in early 2000, many market strategists have regularly been predicting their imminent return to glory. Now, some market watchers, armed with a kitchen sink full of arguments, are at it again. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 23,96 23,99 23,78 23,91 98.1M
Intel INTC 19,25 19,30 18,77 18,87 67.1M
General Electric GE 16,31 16,37 16,00 16,10 45.8M
Pfizer PFE 17,10 17,20 16,86 16,90 40.7M
JPMorgan Chase JPM 38,98 39,54 38,71 38,95 38.9M
Oracle Corp. ORCL 27,02 27,36 26,89 26,90 36.8M
Cisco Systems CSCO 21,81 22,00 21,50 21,76 31.7M
AT&T Inc. T 28,84 29,08 28,70 28,86 26.5M
Wells Fargo & Co. WFC 25,51 25,79 25,22 25,38 25.6M
HP Inc. HPQ 40,86 41,24 40,40 40,64 23M
Comcast CMCSA 17,74 17,79 17,52 17,66 22.9M
Verizon Communications VZ 32,91 33,15 32,78 33,03 19.1M
ExxonMobil XOM 62,52 62,73 61,84 62,19 16.9M
Apple AAPL 281,60 282,90 277,77 278,64 15.5M
Procter & Gamble PG 60,01 60,35 59,68 59,96 11.6M
Abbott Laboratories ABT 52,57 52,91 52,17 52,51 11.2M
Walt Disney & Co. DIS 33,23 33,60 33,08 33,14 10.7M
ConocoPhillips COP 57,57 57,82 56,80 57,26 10.6M
Home Depot HD 31,71 31,98 31,53 31,67 10.3M
Bristol-Myers Squibb BMY 26,95 27,14 26,69 26,73 9.48M
Merck MRK 36,49 36,75 36,29 36,52 9.23M
Johnson & Johnson JNJ 61,54 61,98 61,30 61,67 8.7M
Altria MO 23,78 23,96 23,75 23,83 8.45M
Gilead Sciences GILD 35,70 35,90 35,26 35,36 7.9M
Chevron CVX 81,89 82,14 80,68 81,31 7.6M
Schlumberger SLB 62,28 63,00 60,57 61,20 7.28M
Wal-Mart Stores WMT 53,34 53,70 53,14 53,57 7.14M
UnitedHealth Group UNH 35,30 35,30 34,35 34,54 5.88M
Visa V 73,26 74,36 72,58 73,24 5.79M
Coca-Cola KO 58,93 59,04 58,55 58,88 5.76M
Amazon AMZN 153,95 155,96 152,79 155,39 5.35M
Pepsico PEP 66,99 66,99 66,52 66,87 4.89M
Amgen AMGN 55,32 55,61 54,68 55,05 4.84M
United Technologies UTX 71,94 72,03 70,23 70,53 4.43M
Boeing BA 66,57 67,89 65,86 66,33 4.07M
International Business Machines IBM 135,23 135,92 134,39 135,25 4.06M
McDonald's MCD 74,91 75,13 74,40 74,95 3.9M
Alphabet GOOGL 524,95 528,25 518,85 522,35 3.88M
Berkshire Hathaway BRK.B 82,41 82,85 81,48 82,11 3.86M
3M MMM 87,29 87,73 86,11 86,70 2.29M
Union Pacific UNP 80,86 81,69 79,32 80,03 2.1M
Exchange Rates of October 04, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 83,410 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,023 CAD 1 CAD = 0,977 USD
US Dollar Swiss Franc 1 USD = 0,971 CHF 1 CHF = 1,030 USD
US Dollar Chinese Yuan 1 USD = 6,692 CNY 1 CNY = 0,149 USD
Euro Japanese Yen 1 EUR = 114,050 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,864 GBP 1 GBP = 1,157 EUR
Euro Australian Dollar 1 EUR = 1,413 AUD 1 AUD = 0,708 EUR
Euro Canadian Dollar 1 EUR = 1,399 CAD 1 CAD = 0,715 EUR
Euro Swiss Franc 1 EUR = 1,328 CHF 1 CHF = 0,753 EUR
Euro Chinese Yuan 1 EUR = 9,155 CNY 1 CNY = 0,109 EUR
Japanese Yen Pound Sterling 1 JPY = 0,757 GBP 1 GBP = 1,321 JPY
Japanese Yen Australian Dollar 1 JPY = 1,238 AUD 1 AUD = 0,807 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,226 CAD 1 CAD = 0,816 JPY
Japanese Yen Swiss Franc 1 JPY = 1,164 CHF 1 CHF = 0,859 JPY
Pound Sterling Australian Dollar 1 GBP = 1,635 AUD 1 AUD = 0,612 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,619 CAD 1 CAD = 0,618 GBP
Pound Sterling Swiss Franc 1 GBP = 1,536 CHF 1 CHF = 0,651 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,583 CNY 1 CNY = 0,094 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,990 CAD 1 CAD = 1,010 AUD
Australian Dollar Swiss Franc 1 AUD = 0,939 CHF 1 CHF = 1,065 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,474 CNY 1 CNY = 0,154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,949 CHF 1 CHF = 1,054 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,540 CNY 1 CNY = 0,153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,890 CNY 1 CNY = 0,145 CHF

See what else happened on October 04, 2010