Financial news on December 05, 2008

Business and Financial news
Auto Executives Still Find Skeptics

Detroit automakers are confronting the harsh politics of a downturn and realizing there might be too few votes to save them. Read more..

By DAVID M. HERSZENHORN and BILL VLASIC - The New York Times

Bernanke Calls for More Help for Homeowners

Foreclosures remain “too high,” hurting not only homeowners but lenders and the broader economy, the Fed chief said. Read more..

By JACK HEALY - The New York Times

Buyers Said to Weigh Purchasing a Piece of Bell Canada, Not All of It

The effort, led by the Ontario Teachers’ Pension Plan, comes after auditors said they could not certify the phone company as solvent. Read more..

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

Icahn Increases Stake in Yahoo

The financier now owns about 5.4 percent of the Internet search company, according to a regulatory filing on Thursday. Read more..

By BLOOMBERG NEWS - The New York Times

Is Chrysler Simply Looking for a Mate? That’s the Take of a Tennessee Senator

Senator Bob Corker said that the company’s parent was more interested in finding a merger partner than building a viable automaker for the long term. Read more..

By BILL VLASIC - The New York Times

Paris Offers a $33 Billion Stimulus Plan

The spending plan, the latest by a European country, is aimed at increasing investments by companies. Read more..

By KATRIN BENNHOLD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 17.38 18.30 16.98 17.85 107M
Microsoft MSFT 18.91 19.98 18.47 19.87 92M
Intel INTC 12.71 13.35 12.38 13.29 85.2M
JPMorgan Chase JPM 30.41 34.00 29.73 33.35 73.6M
Wells Fargo & Co. WFC 27.10 30.00 26.58 29.94 69.3M
Cisco Systems CSCO 15.16 16.10 14.72 15.94 67.6M
ExxonMobil XOM 75.67 77.98 72.68 76.60 65M
Pfizer PFE 16.05 16.98 15.82 16.55 60.1M
Oracle Corp. ORCL 15.23 16.40 15.17 16.32 57.2M
AT&T Inc. T 27.63 28.84 26.97 28.15 51.2M
Wal-Mart Stores WMT 54.29 58.71 54.00 58.21 37.7M
Apple AAPL 90.35 94.49 88.86 94.00 37.3M
Altria MO 14.88 15.12 14.62 15.00 33.9M
Home Depot HD 22.83 24.54 22.70 24.40 33M
Comcast CMCSA 15.40 16.27 14.88 16.16 30M
ConocoPhillips COP 45.59 48.58 43.65 47.77 26.5M
Merck MRK 24.67 26.92 24.13 26.49 23.2M
Chevron CVX 70.85 75.27 68.22 74.42 22.9M
Procter & Gamble PG 60.81 62.93 59.40 62.63 22.1M
Bristol-Myers Squibb BMY 20.73 21.70 20.21 21.23 21.8M
HP Inc. HPQ 32.89 34.27 31.82 33.53 21.4M
Verizon Communications VZ 31.87 33.35 30.98 33.19 21.4M
Schlumberger SLB 39.19 40.18 37.24 39.08 21M
Walt Disney & Co. DIS 21.51 22.84 20.87 22.77 17.9M
McDonald's MCD 60.10 62.86 58.55 62.72 17.8M
Abbott Laboratories ABT 51.54 53.20 50.44 52.75 17.3M
Johnson & Johnson JNJ 55.86 58.37 55.25 58.23 16.6M
Amazon AMZN 45.89 48.49 43.30 48.26 14.6M
Coca-Cola KO 44.33 46.09 43.42 45.98 14.1M
Alphabet GOOGL 271.02 284.24 264.02 283.99 13M
Gilead Sciences GILD 45.18 47.49 44.14 47.39 11.6M
International Business Machines IBM 76.78 81.50 75.31 80.59 11.2M
Boeing BA 38.00 39.57 36.28 39.53 10.6M
3M MMM 58.21 60.44 57.84 59.85 10.3M
Visa V 49.75 53.47 48.50 53.18 10.2M
Pepsico PEP 52.41 54.51 51.37 53.37 9.94M
United Technologies UTX 46.66 49.40 45.82 49.01 9.43M
Amgen AMGN 56.03 57.94 55.42 57.40 9.27M
UnitedHealth Group UNH 19.52 21.57 19.23 21.41 8.25M
Union Pacific UNP 46.63 47.70 44.86 47.49 7.21M
Berkshire Hathaway BRK.B 3190.00 3409.00 3110.00 3360.00 41.4K
Exchange Rates of December 05, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92.790 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.270 CAD 1 CAD = 0.787 USD
US Dollar Swiss Franc 1 USD = 1.219 CHF 1 CHF = 0.820 USD
US Dollar Chinese Yuan 1 USD = 6.876 CNY 1 CNY = 0.145 USD
Euro Japanese Yen 1 EUR = 118.090 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.866 GBP 1 GBP = 1.154 EUR
Euro Australian Dollar 1 EUR = 1.968 AUD 1 AUD = 0.508 EUR
Euro Canadian Dollar 1 EUR = 1.618 CAD 1 CAD = 0.618 EUR
Euro Swiss Franc 1 EUR = 1.552 CHF 1 CHF = 0.644 EUR
Euro Chinese Yuan 1 EUR = 8.755 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.734 GBP 1 GBP = 1.363 JPY
Japanese Yen Australian Dollar 1 JPY = 1.665 AUD 1 AUD = 0.600 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.371 CAD 1 CAD = 0.730 JPY
Japanese Yen Swiss Franc 1 JPY = 1.314 CHF 1 CHF = 0.761 JPY
Pound Sterling Australian Dollar 1 GBP = 2.270 AUD 1 AUD = 0.441 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.867 CAD 1 CAD = 0.536 GBP
Pound Sterling Swiss Franc 1 GBP = 1.790 CHF 1 CHF = 0.559 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.108 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.822 CAD 1 CAD = 1.217 AUD
Australian Dollar Swiss Franc 1 AUD = 0.788 CHF 1 CHF = 1.269 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.451 CNY 1 CNY = 0.225 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.959 CHF 1 CHF = 1.043 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.424 CNY 1 CNY = 0.184 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.635 CNY 1 CNY = 0.177 CHF

See what else happened on December 05, 2008