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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE6,757,176,536,66445M
Wells Fargo & Co.WFC8,898,947,808,12275M
JPMorgan ChaseJPM18,5119,0016,0416,60154M
PfizerPFE12,3712,7512,2512,67102M
MicrosoftMSFT15,8615,8815,2715,2789.7M
IntelINTC12,5512,8612,3012,3176.6M
Oracle Corp.ORCL14,9315,2814,5214,5367.1M
Cisco SystemsCSCO14,9415,0914,5114,5567M
ExxonMobilXOM64,1864,5862,1362,2250.2M
AT&T Inc.T22,5523,4622,1822,5648.6M
Wal-Mart StoresWMT50,3551,0049,2949,7546.3M
AltriaMO15,0815,9815,0015,6534.9M
HP Inc.HPQ28,0228,2926,8127,0830.2M
ComcastCMCSA12,4112,5611,9012,0026M
AppleAAPL90,2591,8788,4588,8425.2M
ConocoPhillipsCOP36,1136,4534,8335,4024.6M
Verizon CommunicationsVZ27,5628,9627,4027,9124.6M
Home DepotHD18,5519,1818,0018,1523.8M
UnitedHealth GroupUNH17,5217,8416,1816,3523.4M
Johnson & JohnsonJNJ48,4848,6147,4147,6722.3M
ChevronCVX58,0658,2656,1256,4622.3M
MerckMRK22,6022,8921,9322,1420.6M
Abbott LaboratoriesABT46,4047,2345,6546,0420.4M
Procter & GamblePG46,4546,8144,9345,4019.5M
Coca-ColaKO39,3839,4437,4437,8518.2M
Walt Disney & Co.DIS16,5016,6015,8515,9917M
Bristol-Myers SquibbBMY18,1818,1817,5317,6916.7M
SchlumbergerSLB37,7637,9835,5236,1616.3M
McDonald'sMCD52,3652,5050,4450,8615.6M
International Business MachinesIBM88,1390,1687,0287,4814.9M
AlphabetGOOGL316,22319,08302,64305,6413M
Union PacificUNP36,5436,8533,7735,4311.9M
PepsicoPEP47,0247,1145,3945,9711.8M
AmazonAMZN64,0865,8063,6064,7711.8M
BoeingBA29,4930,0229,0729,3911.7M
Gilead SciencesGILD44,7045,3243,7043,7811.6M
VisaV54,5555,4952,6853,4211M
AmgenAMGN47,7147,9547,1047,2011M
United TechnologiesUTX38,0938,8737,6137,9210.8M
3MMMM43,5344,0342,0442,518.22M
Berkshire HathawayBRK.B2370,002389,002271,002300,0092.2K
Exchange Rates of March 05, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 98,060 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,290 CAD1 CAD = 0,775 USD
US DollarSwiss Franc1 USD = 1,171 CHF1 CHF = 0,854 USD
US DollarChinese Yuan1 USD = 6,842 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 122,980 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,888 GBP1 GBP = 1,126 EUR
EuroAustralian Dollar1 EUR = 1,964 AUD1 AUD = 0,509 EUR
EuroCanadian Dollar1 EUR = 1,618 CAD1 CAD = 0,618 EUR
EuroSwiss Franc1 EUR = 1,469 CHF1 CHF = 0,681 EUR
EuroChinese Yuan1 EUR = 8,585 CNY1 CNY = 0,116 EUR
Japanese YenPound Sterling1 JPY = 0,722 GBP1 GBP = 1,386 JPY
Japanese YenAustralian Dollar1 JPY = 1,597 AUD1 AUD = 0,626 JPY
Japanese YenCanadian Dollar1 JPY = 1,315 CAD1 CAD = 0,760 JPY
Japanese YenSwiss Franc1 JPY = 1,194 CHF1 CHF = 0,838 JPY
Pound SterlingAustralian Dollar1 GBP = 2,212 AUD1 AUD = 0,452 GBP
Pound SterlingCanadian Dollar1 GBP = 1,822 CAD1 CAD = 0,549 GBP
Pound SterlingSwiss Franc1 GBP = 1,654 CHF1 CHF = 0,605 GBP
Pound SterlingChinese Yuan1 GBP = 9,655 CNY1 CNY = 0,104 GBP
Australian DollarCanadian Dollar1 AUD = 0,824 CAD1 CAD = 1,214 AUD
Australian DollarSwiss Franc1 AUD = 0,747 CHF1 CHF = 1,338 AUD
Australian DollarChinese Yuan1 AUD = 4,369 CNY1 CNY = 0,229 AUD
Canadian DollarSwiss Franc1 CAD = 0,907 CHF1 CHF = 1,103 CAD
Canadian DollarChinese Yuan1 CAD = 5,307 CNY1 CNY = 0,188 CAD
Swiss FrancChinese Yuan1 CHF = 5,842 CNY1 CNY = 0,171 CHF

See what else happened on March 05, 2009