Financial news on January 05, 2010

Business and Financial news
Credit Suisse Is Accused of Defrauding Investors in 4 Resorts

Owners at four high-end resorts are seeking $24 billion from Credit Suisse and Cushman & Wakefield, claiming they knowingly inflated the value of resort projects. Read more..

By JIM ROBBINS - The New York Times

Divergent Views on Signs of Life in the Economy

This period might be called the Great Ambiguity — a time of debate over the clarity of economic indicators and the staying power of apparent gains. Read more..

By PETER S. GOODMAN - The New York Times

Google Shakes but Doesn’t Upend the Cellphone Market

The Nexus One has cool features and clunky ones, but in the end, we should root for the success of the Google Store. Read more..

By DAVID POGUE - The New York Times

Judge Refuses to Delay Prison for UBS Informant

The former banker had asked for the delay, saying he was ready to further cooperate with authorities in their pursuit of tax cheats. Read more..

By LYNNLEY BROWNING - The New York Times

Manufacturing Data Helps Invigorate Wall Street

Stocks bolted higher as a report showed that manufacturing activity rose for a fifth month. Read more..

By JACK HEALY and DAVID JOLLY - The New York Times

Pitching a Product, Without Showing It

Kellogg began an ad campaign on Monday that pitched the Special K Challenge to women but, in a twist, never showed the cereal in the spot. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Some Inspiration to Make 2010 a Success

Encouragement never hurts, so why don’t we begin the new year with some wise advice from the successful about how they got that way?. Read more..

By PAUL B. BROWN - The New York Times

Take Off Your Shoes, and Is the Parrot Loaded?

After the failed bombing of an airliner, even a winged pet is subject to scrutiny at the airport security checkpoint. Read more..

By JOE SHARKEY - The New York Times

Tax Enforcers Intensify Focus on Multinationals

Tax inspectors are taking aim at transfer pricing, an arcane area that involves calculating how much profit is made by a company in each country. Read more..

By MATTHEW SALTMARSH - The New York Times

What’s Acceptable for Bank Returns?

After the big losses in the financial crash, banks’ returns should be lower. But if returns fall too far, the results could be severe. Read more..

By PETER THAL LARSEN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.46 15.67 15.45 15.53 64.6M
Wells Fargo & Co. WFC 27.27 28.24 27.24 28.07 55.4M
Intel INTC 20.94 20.99 20.60 20.87 52.4M
Microsoft MSFT 30.85 31.10 30.64 30.96 49.7M
Cisco Systems CSCO 24.60 24.73 24.38 24.58 45.1M
Pfizer PFE 18.92 18.93 18.55 18.66 43.4M
JPMorgan Chase JPM 42.79 43.84 42.78 43.68 41.2M
AT&T Inc. T 28.70 28.73 28.35 28.44 35.2M
ExxonMobil XOM 69.19 69.45 68.80 69.42 30.2M
Oracle Corp. ORCL 24.72 24.85 24.35 24.82 28.7M
Verizon Communications VZ 33.37 33.40 32.78 32.86 23.7M
Apple AAPL 214.60 215.59 213.25 214.38 21.5M
Comcast CMCSA 16.93 16.98 16.55 16.74 17.7M
Bristol-Myers Squibb BMY 25.51 25.55 25.01 25.23 17M
Wal-Mart Stores WMT 54.09 54.19 53.57 53.69 15.6M
Home Depot HD 28.73 28.99 28.29 28.88 15.6M
Merck MRK 37.30 37.45 36.93 37.16 14.7M
HP Inc. HPQ 52.14 52.74 52.10 52.67 13.1M
Altria MO 19.81 19.85 19.67 19.80 11.7M
Coca-Cola KO 56.85 56.99 56.14 56.35 11.6M
UnitedHealth Group UNH 31.73 31.97 31.28 31.48 11.2M
Johnson & Johnson JNJ 64.58 64.62 63.82 63.93 10.7M
Chevron CVX 79.22 79.62 78.72 79.62 10.6M
Abbott Laboratories ABT 54.47 54.47 53.75 54.02 10.6M
Gilead Sciences GILD 43.36 43.41 42.70 43.26 10.4M
Walt Disney & Co. DIS 32.07 32.16 31.70 31.99 10.3M
ConocoPhillips COP 52.65 52.77 52.21 52.63 10.1M
Pepsico PEP 61.00 62.10 60.90 61.98 8.89M
Boeing BA 56.25 58.28 56.00 58.02 8.87M
Amazon AMZN 133.43 135.48 131.81 134.69 8.85M
Procter & Gamble PG 61.13 61.28 60.60 61.14 8.65M
Amgen AMGN 57.33 57.69 56.27 57.22 7.88M
Schlumberger SLB 66.99 67.62 66.73 67.30 7.37M
McDonald's MCD 62.66 62.75 62.19 62.30 7.1M
International Business Machines IBM 131.68 131.85 130.10 130.85 6.84M
Visa V 87.30 87.53 86.00 87.13 6.46M
Alphabet GOOGL 627.18 627.84 621.54 623.99 6M
United Technologies UTX 71.64 71.64 70.28 70.56 5M
Union Pacific UNP 65.56 66.80 65.34 66.30 3.37M
3M MMM 82.80 83.23 81.70 82.50 2.85M
Berkshire Hathaway BRK.B 3319.50 3329.50 3307.50 3327.00 26.2K
Exchange Rates of January 05, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.670 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.039 CAD 1 CAD = 0.963 USD
US Dollar Swiss Franc 1 USD = 1.034 CHF 1 CHF = 0.967 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 131.690 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.898 GBP 1 GBP = 1.113 EUR
Euro Australian Dollar 1 EUR = 1.574 AUD 1 AUD = 0.635 EUR
Euro Canadian Dollar 1 EUR = 1.492 CAD 1 CAD = 0.670 EUR
Euro Swiss Franc 1 EUR = 1.485 CHF 1 CHF = 0.673 EUR
Euro Chinese Yuan 1 EUR = 9.808 CNY 1 CNY = 0.102 EUR
Japanese Yen Pound Sterling 1 JPY = 0.682 GBP 1 GBP = 1.467 JPY
Japanese Yen Australian Dollar 1 JPY = 1.195 AUD 1 AUD = 0.837 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.133 CAD 1 CAD = 0.883 JPY
Japanese Yen Swiss Franc 1 JPY = 1.127 CHF 1 CHF = 0.887 JPY
Pound Sterling Australian Dollar 1 GBP = 1.752 AUD 1 AUD = 0.571 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.661 CAD 1 CAD = 0.602 GBP
Pound Sterling Swiss Franc 1 GBP = 1.653 CHF 1 CHF = 0.605 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.913 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.948 CAD 1 CAD = 1.055 AUD
Australian Dollar Swiss Franc 1 AUD = 0.943 CHF 1 CHF = 1.060 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.229 CNY 1 CNY = 0.161 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.995 CHF 1 CHF = 1.005 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.575 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.605 CNY 1 CNY = 0.151 CHF

See what else happened on January 05, 2010