Financial news on March 05, 2010

Business and Financial news
A.I.G. Moves Closer to Sale of Alico

If a deal is reached with MetLife, the sale of Alico would represent another big repayment on the federal government’s bailout of A.I.G. Read more..

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

For Greece, Bond Sale Is a Step Back From Disaster

By completing a long-awaited bond sale, Greece gave a lift to its embattled government finances and bolstered other peripheral European countries that share the euro. Read more..

By LANDON THOMAS Jr. and DAVID JOLLY - The New York Times

German Cities Lead 2010 Real Estate Survey in Europe

Munich and Hamburg earned the top two spots in European property performance overall last year according to an annual survey of more than 600 industry experts. Read more..

By SHELLEY EMLING - International Herald Tribune

Heads of 12 Fed Districts Press to Keep Central Bank, and Their Role, in Place

The presidents of the nation’s 12 Federal Reserve districts worked to buttress arguments that the Fed’s regulatory powers should stay as they are. Read more..

By SEWELL CHAN - The New York Times

Inquiry Into Toyota’s Fixes

The number of complaints of unintended acceleration in Toyotas that have already been repaired has risen to 60. Read more..

By NICK BUNKLEY - The New York Times

Interest Rates Held Steady in Britain and Euro-Zone

Both the European Central Bank and the Bank of England remained concerned about the strength of the economic recovery. Read more..

By JACK EWING and JULIA WERDIGIER - The New York Times

Market Defies Fear of Real Estate Bubble in China

China’s spectacular real estate boom may be a bubble that threatens the global economy. Read more..

By DAVID BARBOZA - The New York Times

New Unemployment Claims Fall, After Weeks of Unsettling Gains

The number of first-time filings retreated from a three-month high last week, reviving hopes that the labor market was on the track to recovery. Read more..

By JAVIER C. HERNANDEZ - The New York Times

The Newest Hybrid Model

A vast project in Florida will be the world’s second-largest solar plant, attached to the nation’s largest fossil-fuel power plant. Read more..

By JAD MOUAWAD - The New York Times

Tireless Employees Get Their Tribute, Even if It’s in Felt and Polyester

A campaign from Zappos features puppets, styled after actual company employees, interacting with customers and demonstrating their patience. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.19 16.37 16.15 16.35 65.2M
Pfizer PFE 17.38 17.50 17.23 17.48 64.7M
Cisco Systems CSCO 24.97 25.24 24.92 25.21 57.1M
Microsoft MSFT 28.66 28.68 28.42 28.59 56M
Intel INTC 20.66 20.84 20.45 20.79 45.9M
Wells Fargo & Co. WFC 28.63 29.27 28.55 29.15 40.6M
JPMorgan Chase JPM 42.32 42.87 42.19 42.81 34.8M
Apple AAPL 214.94 219.70 214.63 218.95 32.1M
AT&T Inc. T 25.03 25.05 24.82 24.99 28M
ExxonMobil XOM 65.96 66.52 65.78 66.47 26.8M
Verizon Communications VZ 29.29 29.35 29.11 29.23 20M
Bristol-Myers Squibb BMY 24.93 25.33 24.77 25.28 19.9M
Oracle Corp. ORCL 24.86 25.00 24.84 24.95 19.3M
Walt Disney & Co. DIS 32.79 33.22 32.75 33.22 19.2M
Home Depot HD 31.55 31.91 31.49 31.80 18.8M
Comcast CMCSA 17.18 17.45 17.17 17.43 16.3M
HP Inc. HPQ 51.72 52.25 51.66 52.03 15.4M
Abbott Laboratories ABT 54.14 54.39 54.12 54.32 15.3M
ConocoPhillips COP 49.85 50.51 49.73 50.41 15.2M
Altria MO 20.50 20.78 20.48 20.71 12.2M
Coca-Cola KO 54.69 54.95 54.36 54.70 12.1M
Wal-Mart Stores WMT 53.97 54.17 53.50 54.14 11.4M
Schlumberger SLB 63.41 63.94 63.21 63.81 11M
Johnson & Johnson JNJ 63.66 64.07 63.55 64.04 10.6M
Procter & Gamble PG 63.69 63.78 63.05 63.69 10.1M
Merck MRK 37.22 37.56 36.93 37.49 9.87M
Chevron CVX 73.55 74.47 73.51 74.30 8.75M
Boeing BA 66.06 68.04 66.03 67.93 8.51M
Pepsico PEP 64.30 64.48 63.91 64.37 8.45M
Berkshire Hathaway BRK.B 83.21 83.40 82.82 83.36 8.27M
McDonald's MCD 63.72 63.76 63.25 63.67 8.15M
UnitedHealth Group UNH 33.03 33.79 32.96 33.74 8.13M
Gilead Sciences GILD 46.93 47.65 46.92 47.61 8.07M
Alphabet GOOGL 561.35 567.67 559.90 564.21 7.82M
Amazon AMZN 129.13 129.45 127.07 128.91 6.77M
Amgen AMGN 56.75 57.26 56.21 57.24 6.53M
International Business Machines IBM 127.17 127.55 127.04 127.25 6.14M
Visa V 87.40 88.56 87.10 88.51 4.88M
United Technologies UTX 70.57 71.31 70.57 71.25 4.06M
Union Pacific UNP 68.57 69.32 68.39 69.13 3.29M
3M MMM 81.35 82.50 81.23 82.44 3.14M
Exchange Rates of March 05, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.280 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.029 CAD 1 CAD = 0.972 USD
US Dollar Swiss Franc 1 USD = 1.074 CHF 1 CHF = 0.931 USD
US Dollar Chinese Yuan 1 USD = 6.826 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 123.000 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.900 GBP 1 GBP = 1.111 EUR
Euro Australian Dollar 1 EUR = 1.501 AUD 1 AUD = 0.666 EUR
Euro Canadian Dollar 1 EUR = 1.402 CAD 1 CAD = 0.713 EUR
Euro Swiss Franc 1 EUR = 1.463 CHF 1 CHF = 0.683 EUR
Euro Chinese Yuan 1 EUR = 9.302 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.731 GBP 1 GBP = 1.367 JPY
Japanese Yen Australian Dollar 1 JPY = 1.219 AUD 1 AUD = 0.820 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.140 CAD 1 CAD = 0.878 JPY
Japanese Yen Swiss Franc 1 JPY = 1.189 CHF 1 CHF = 0.841 JPY
Pound Sterling Australian Dollar 1 GBP = 1.667 AUD 1 AUD = 0.600 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.557 CAD 1 CAD = 0.642 GBP
Pound Sterling Swiss Franc 1 GBP = 1.625 CHF 1 CHF = 0.615 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.326 CNY 1 CNY = 0.097 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.934 CAD 1 CAD = 1.071 AUD
Australian Dollar Swiss Franc 1 AUD = 0.975 CHF 1 CHF = 1.026 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.198 CNY 1 CNY = 0.161 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.043 CHF 1 CHF = 0.959 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.629 CNY 1 CNY = 0.151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.357 CNY 1 CNY = 0.157 CHF

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