Financial news on February 06, 2009

Business and Financial news
American Chief Leaves Lenovo

The Chinese computer maker reported a sharp decline in its third quarter sales and profits and said that its chief executive had stepped down. Read more..

By DAVID BARBOZA - The New York Times

British Bank Adapts to Life on a Leash

After a bailout that has made the British government its most influential shareholder, the Royal Bank of Scotland’s once cosseted executives are adjusting to a life that is both leaner and meaner. Read more..

By LANDON THOMAS Jr - The New York Times

Commercials and Musicians Share the Need to Be Heard

Advertisers are increasingly commissioning songs from musicians. Read more..

By STUART ELLIOTT - The New York Times

Fallout Widens as Buyers Shun Peanut Butter

The drop in peanut butter sales is so striking, brands are buying ads saying that their items are not affected. Read more..

By ANDREW MARTIN and LIZ ROBBINS - The New York Times

McDonald’s Scales Back Prices in China

When McDonald’s lowers the price of the Double Cheeseburger in China, it is clear that the global slowdown has arrived there. Read more..

By BETTINA WASSENER - The New York Times

The Maker of Twinkies Is Fresh From Bankruptcy

Interstate Bakeries, the maker of Twinkies and other snack foods, had powerful help emerging from bankruptcy protection. Read more..

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

Trying to Help Financially Troubled Homeowners

A plan backed by the Obama administration would help desperate homeowners stay in their houses while they renegotiate their debt. Read more..

By VIKAS BAJAJ and TARA SIEGEL BERNARD - The New York Times

Unions and Pension Plans Hurt in Financier’s Scheme

At least a half-dozen construction unions had entrusted pension funds and health care money to Bernard L. Madoff. Read more..

By DIANA B. HENRIQUES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 10.90 11.45 10.75 11.10 219M
Wells Fargo & Co. WFC 17.35 19.39 17.10 19.14 118M
Microsoft MSFT 19.10 19.93 19.06 19.66 86.7M
JPMorgan Chase JPM 25.51 27.80 25.30 27.63 76.8M
Pfizer PFE 14.54 15.02 14.45 14.84 63.8M
Cisco Systems CSCO 16.42 17.09 16.21 17.04 62.9M
Intel INTC 14.43 14.88 14.21 14.73 62.7M
ExxonMobil XOM 78.81 80.49 78.70 80.34 36.4M
Home Depot HD 22.39 23.85 22.37 23.53 31.1M
AT&T Inc. T 25.17 26.38 25.16 26.08 30.8M
Oracle Corp. ORCL 17.69 18.07 17.48 17.97 29.6M
Wal-Mart Stores WMT 48.88 50.08 48.53 49.63 28.3M
Comcast CMCSA 13.77 14.50 13.74 14.17 25.8M
Apple AAPL 97.00 100.00 97.00 99.72 24.5M
HP Inc. HPQ 35.23 37.20 35.05 36.85 23.3M
Abbott Laboratories ABT 56.48 57.24 56.37 57.15 21.7M
Walt Disney & Co. DIS 18.76 19.64 18.65 19.45 20.5M
Altria MO 16.51 16.98 16.36 16.96 20.4M
Verizon Communications VZ 31.32 32.20 31.01 31.72 18.5M
ConocoPhillips COP 46.42 48.24 46.05 47.94 16.3M
Procter & Gamble PG 53.42 54.46 53.06 54.00 15.3M
UnitedHealth Group UNH 28.77 29.43 28.50 28.94 15.3M
Alphabet GOOGL 356.46 373.81 355.44 371.28 14.1M
Chevron CVX 72.58 75.00 72.29 74.90 13.3M
International Business Machines IBM 92.51 97.10 91.65 96.14 13.1M
Bristol-Myers Squibb BMY 23.40 23.78 22.67 23.07 12.5M
Amazon AMZN 63.18 67.00 63.18 66.55 12M
Visa V 53.95 56.00 53.68 55.41 11.5M
Johnson & Johnson JNJ 58.26 58.72 57.80 58.51 11.5M
Merck MRK 30.01 30.93 30.01 30.77 11.1M
McDonald's MCD 58.12 59.33 58.12 58.46 10.8M
Gilead Sciences GILD 52.09 53.03 51.88 52.45 10.3M
Schlumberger SLB 43.90 45.74 43.36 45.29 9.51M
Coca-Cola KO 42.73 43.69 42.66 43.55 9.36M
Amgen AMGN 57.10 58.13 56.82 58.03 7.89M
United Technologies UTX 48.17 49.57 47.99 49.03 7.17M
Pepsico PEP 52.28 53.64 52.15 53.53 6.91M
Union Pacific UNP 47.40 50.00 47.00 49.27 6.83M
Boeing BA 42.52 43.67 42.25 42.92 6.33M
3M MMM 51.63 52.92 51.40 52.39 5.31M
Berkshire Hathaway BRK.B 2885.00 2938.00 2885.00 2910.00 31.3K
Exchange Rates of February 06, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.840 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.219 CAD 1 CAD = 0.820 USD
US Dollar Swiss Franc 1 USD = 1.162 CHF 1 CHF = 0.861 USD
US Dollar Chinese Yuan 1 USD = 6.835 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 118.820 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.875 GBP 1 GBP = 1.143 EUR
Euro Australian Dollar 1 EUR = 1.914 AUD 1 AUD = 0.522 EUR
Euro Canadian Dollar 1 EUR = 1.578 CAD 1 CAD = 0.634 EUR
Euro Swiss Franc 1 EUR = 1.502 CHF 1 CHF = 0.666 EUR
Euro Chinese Yuan 1 EUR = 8.843 CNY 1 CNY = 0.113 EUR
Japanese Yen Pound Sterling 1 JPY = 0.736 GBP 1 GBP = 1.359 JPY
Japanese Yen Australian Dollar 1 JPY = 1.611 AUD 1 AUD = 0.621 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.327 CAD 1 CAD = 0.753 JPY
Japanese Yen Swiss Franc 1 JPY = 1.265 CHF 1 CHF = 0.791 JPY
Pound Sterling Australian Dollar 1 GBP = 2.188 AUD 1 AUD = 0.457 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.802 CAD 1 CAD = 0.555 GBP
Pound Sterling Swiss Franc 1 GBP = 1.717 CHF 1 CHF = 0.582 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.098 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.824 CAD 1 CAD = 1.214 AUD
Australian Dollar Swiss Franc 1 AUD = 0.784 CHF 1 CHF = 1.276 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.617 CNY 1 CNY = 0.217 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.951 CHF 1 CHF = 1.052 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.603 CNY 1 CNY = 0.178 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.882 CNY 1 CNY = 0.170 CHF

See what else happened on February 06, 2009