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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE10.9011.4510.7511.10219M
Wells Fargo & Co.WFC17.3519.3917.1019.14118M
MicrosoftMSFT19.1019.9319.0619.6686.7M
JPMorgan ChaseJPM25.5127.8025.3027.6376.8M
PfizerPFE14.5415.0214.4514.8463.8M
Cisco SystemsCSCO16.4217.0916.2117.0462.9M
IntelINTC14.4314.8814.2114.7362.7M
ExxonMobilXOM78.8180.4978.7080.3436.4M
Home DepotHD22.3923.8522.3723.5331.1M
AT&T Inc.T25.1726.3825.1626.0830.8M
Oracle Corp.ORCL17.6918.0717.4817.9729.6M
Wal-Mart StoresWMT48.8850.0848.5349.6328.3M
ComcastCMCSA13.7714.5013.7414.1725.8M
AppleAAPL97.00100.0097.0099.7224.5M
HP Inc.HPQ35.2337.2035.0536.8523.3M
Abbott LaboratoriesABT56.4857.2456.3757.1521.7M
Walt Disney & Co.DIS18.7619.6418.6519.4520.5M
AltriaMO16.5116.9816.3616.9620.4M
Verizon CommunicationsVZ31.3232.2031.0131.7218.5M
ConocoPhillipsCOP46.4248.2446.0547.9416.3M
Procter & GamblePG53.4254.4653.0654.0015.3M
UnitedHealth GroupUNH28.7729.4328.5028.9415.3M
AlphabetGOOGL356.46373.81355.44371.2814.1M
ChevronCVX72.5875.0072.2974.9013.3M
International Business MachinesIBM92.5197.1091.6596.1413.1M
Bristol-Myers SquibbBMY23.4023.7822.6723.0712.5M
AmazonAMZN63.1867.0063.1866.5512M
VisaV53.9556.0053.6855.4111.5M
Johnson & JohnsonJNJ58.2658.7257.8058.5111.5M
MerckMRK30.0130.9330.0130.7711.1M
McDonald'sMCD58.1259.3358.1258.4610.8M
Gilead SciencesGILD52.0953.0351.8852.4510.3M
SchlumbergerSLB43.9045.7443.3645.299.51M
Coca-ColaKO42.7343.6942.6643.559.36M
AmgenAMGN57.1058.1356.8258.037.89M
United TechnologiesUTX48.1749.5747.9949.037.17M
PepsicoPEP52.2853.6452.1553.536.91M
Union PacificUNP47.4050.0047.0049.276.83M
BoeingBA42.5243.6742.2542.926.33M
3MMMM51.6352.9251.4052.395.31M
Berkshire HathawayBRK.B2885.002938.002885.002910.0031.3K
Exchange Rates of February 06, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 91.840 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.219 CAD1 CAD = 0.820 USD
US DollarSwiss Franc1 USD = 1.162 CHF1 CHF = 0.861 USD
US DollarChinese Yuan1 USD = 6.835 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 118.820 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.875 GBP1 GBP = 1.143 EUR
EuroAustralian Dollar1 EUR = 1.914 AUD1 AUD = 0.522 EUR
EuroCanadian Dollar1 EUR = 1.578 CAD1 CAD = 0.634 EUR
EuroSwiss Franc1 EUR = 1.502 CHF1 CHF = 0.666 EUR
EuroChinese Yuan1 EUR = 8.843 CNY1 CNY = 0.113 EUR
Japanese YenPound Sterling1 JPY = 0.736 GBP1 GBP = 1.359 JPY
Japanese YenAustralian Dollar1 JPY = 1.611 AUD1 AUD = 0.621 JPY
Japanese YenCanadian Dollar1 JPY = 1.327 CAD1 CAD = 0.753 JPY
Japanese YenSwiss Franc1 JPY = 1.265 CHF1 CHF = 0.791 JPY
Pound SterlingAustralian Dollar1 GBP = 2.188 AUD1 AUD = 0.457 GBP
Pound SterlingCanadian Dollar1 GBP = 1.802 CAD1 CAD = 0.555 GBP
Pound SterlingSwiss Franc1 GBP = 1.717 CHF1 CHF = 0.582 GBP
Pound SterlingChinese Yuan1 GBP = 10.098 CNY1 CNY = 0.099 GBP
Australian DollarCanadian Dollar1 AUD = 0.824 CAD1 CAD = 1.214 AUD
Australian DollarSwiss Franc1 AUD = 0.784 CHF1 CHF = 1.276 AUD
Australian DollarChinese Yuan1 AUD = 4.617 CNY1 CNY = 0.217 AUD
Canadian DollarSwiss Franc1 CAD = 0.951 CHF1 CHF = 1.052 CAD
Canadian DollarChinese Yuan1 CAD = 5.603 CNY1 CNY = 0.178 CAD
Swiss FrancChinese Yuan1 CHF = 5.882 CNY1 CNY = 0.170 CHF

See what else happened on February 06, 2009