Financial news on March 05, 2009

Business and Financial news
14 Trading Firms Settle Charges for $69 Million

More than a dozen Wall Street trading firms systematically cheated their customers of millions of dollars by improperly slicing bits of profit from countless trades, federal regulators said on Wednesday. Read more..

By DIANA B. HENRIQUES - The New York Times

Abruptly, Expatriate Bankers Are Cut Loose

The salaries and bonuses were great, the lifestyle grand. The party’s over, and expats are joining the ranks of the jobless. Read more..

By KEITH BRADSHER and JULIA WERDIGIER - The New York Times

Drug Ruling Puts Devices in Spotlight

Medical device makers remain insulated from the kind of lawsuits allowed by the Supreme Court’s ruling. But, perhaps, not for long. Read more..

By BARRY MEIER and NATASHA SINGER - The New York Times

Eurotunnel Pays a Dividend, Its First

Founded in 1987 and restructured three times since, Eurotunnel announced a dividend after posting a net profit of $50 million for 2008. Read more..

By DAVID JOLLY - The New York Times

Federal Reserve Beige Book Paints a Broadly Pessimistic Picture

Businesses are gloomy about near-term recovery as unemployment rises and production falls. Read more..

By JACK HEALY - The New York Times

House to Try Again to Let Judges Alter Mortgages

The measure would allow bankruptcy judges to change mortgage terms to help homeowners avoid foreclosure, granting new authority some lawmakers say is central to easing the housing crisis. Read more..

By CARL HULSE - The New York Times

Mortgage Plan Targets Up to Four Million Homeowners

New details were provided on a program to help struggling homeowners reduce their payments. Read more..

By EDMUND L. ANDREWS - The New York Times

Putting Photos on the Map

Is there a way to add map coordinates to my photos before I upload them to Flickr? Read more..

By J. D. BIERSDORFER - The New York Times

U.S. Sets Big Incentives to Head Off Foreclosures

The Obama administration began an ambitious effort to help troubled homeowners, offering lenders and borrowers big incentives. Read more..

By EDMUND L. ANDREWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 6.75 7.17 6.53 6.66 445M
Wells Fargo & Co. WFC 8.89 8.94 7.80 8.12 275M
JPMorgan Chase JPM 18.51 19.00 16.04 16.60 154M
Pfizer PFE 12.37 12.75 12.25 12.67 102M
Microsoft MSFT 15.86 15.88 15.27 15.27 89.7M
Intel INTC 12.55 12.86 12.30 12.31 76.6M
Oracle Corp. ORCL 14.93 15.28 14.52 14.53 67.1M
Cisco Systems CSCO 14.94 15.09 14.51 14.55 67M
ExxonMobil XOM 64.18 64.58 62.13 62.22 50.2M
AT&T Inc. T 22.55 23.46 22.18 22.56 48.6M
Wal-Mart Stores WMT 50.35 51.00 49.29 49.75 46.3M
Altria MO 15.08 15.98 15.00 15.65 34.9M
HP Inc. HPQ 28.02 28.29 26.81 27.08 30.2M
Comcast CMCSA 12.41 12.56 11.90 12.00 26M
Apple AAPL 90.25 91.87 88.45 88.84 25.2M
ConocoPhillips COP 36.11 36.45 34.83 35.40 24.6M
Verizon Communications VZ 27.56 28.96 27.40 27.91 24.6M
Home Depot HD 18.55 19.18 18.00 18.15 23.8M
UnitedHealth Group UNH 17.52 17.84 16.18 16.35 23.4M
Johnson & Johnson JNJ 48.48 48.61 47.41 47.67 22.3M
Chevron CVX 58.06 58.26 56.12 56.46 22.3M
Merck MRK 22.60 22.89 21.93 22.14 20.6M
Abbott Laboratories ABT 46.40 47.23 45.65 46.04 20.4M
Procter & Gamble PG 46.45 46.81 44.93 45.40 19.5M
Coca-Cola KO 39.38 39.44 37.44 37.85 18.2M
Walt Disney & Co. DIS 16.50 16.60 15.85 15.99 17M
Bristol-Myers Squibb BMY 18.18 18.18 17.53 17.69 16.7M
Schlumberger SLB 37.76 37.98 35.52 36.16 16.3M
McDonald's MCD 52.36 52.50 50.44 50.86 15.6M
International Business Machines IBM 88.13 90.16 87.02 87.48 14.9M
Alphabet GOOGL 316.22 319.08 302.64 305.64 13M
Union Pacific UNP 36.54 36.85 33.77 35.43 11.9M
Pepsico PEP 47.02 47.11 45.39 45.97 11.8M
Amazon AMZN 64.08 65.80 63.60 64.77 11.8M
Boeing BA 29.49 30.02 29.07 29.39 11.7M
Gilead Sciences GILD 44.70 45.32 43.70 43.78 11.6M
Visa V 54.55 55.49 52.68 53.42 11M
Amgen AMGN 47.71 47.95 47.10 47.20 11M
United Technologies UTX 38.09 38.87 37.61 37.92 10.8M
3M MMM 43.53 44.03 42.04 42.51 8.22M
Berkshire Hathaway BRK.B 2370.00 2389.00 2271.00 2300.00 92.2K
Exchange Rates of March 05, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 98.060 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.290 CAD 1 CAD = 0.775 USD
US Dollar Swiss Franc 1 USD = 1.171 CHF 1 CHF = 0.854 USD
US Dollar Chinese Yuan 1 USD = 6.842 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 122.980 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.888 GBP 1 GBP = 1.126 EUR
Euro Australian Dollar 1 EUR = 1.964 AUD 1 AUD = 0.509 EUR
Euro Canadian Dollar 1 EUR = 1.618 CAD 1 CAD = 0.618 EUR
Euro Swiss Franc 1 EUR = 1.469 CHF 1 CHF = 0.681 EUR
Euro Chinese Yuan 1 EUR = 8.585 CNY 1 CNY = 0.116 EUR
Japanese Yen Pound Sterling 1 JPY = 0.722 GBP 1 GBP = 1.386 JPY
Japanese Yen Australian Dollar 1 JPY = 1.597 AUD 1 AUD = 0.626 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.315 CAD 1 CAD = 0.760 JPY
Japanese Yen Swiss Franc 1 JPY = 1.194 CHF 1 CHF = 0.838 JPY
Pound Sterling Australian Dollar 1 GBP = 2.212 AUD 1 AUD = 0.452 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.822 CAD 1 CAD = 0.549 GBP
Pound Sterling Swiss Franc 1 GBP = 1.654 CHF 1 CHF = 0.605 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.655 CNY 1 CNY = 0.104 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.824 CAD 1 CAD = 1.214 AUD
Australian Dollar Swiss Franc 1 AUD = 0.747 CHF 1 CHF = 1.338 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.369 CNY 1 CNY = 0.229 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.907 CHF 1 CHF = 1.103 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.307 CNY 1 CNY = 0.188 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.842 CNY 1 CNY = 0.171 CHF

See what else happened on March 05, 2009