Financial news on February 06, 2012

Business and Financial news
China Fund to Support Film Projects Worldwide

Sun Media Group is joining Harvest Fund Management to create Harvest Seven Stars Media Private Equity, an $800 million fund which will back entertainment ventures in China and abroad. Read more..

By MICHAEL CIEPLY - The New York Times

Deal Is Closer for a U.S. Plan on Mortgage Relief

Potential support from California and New York would come in exchange for tightening provisions in order to preserve the right to investigate past misdeeds by the banks, and stepping up oversight. Read more..

By SHAILA DEWAN and NELSON D. SCHWARTZ - The New York Times

Greece to Eliminate 15,000 Government Jobs

The cuts are part of new austerity measures that Athens must agree on to secure rescue funds from international lenders. Read more..

By NIKI KITSANTONIS and DAVID JOLLY - The New York Times

How’d You Like a Nice Financial Punch?

Men in suits, recoiling as if punched by unseen fists. It’s part of a campaign for Garp, a nonprofit group that encourages professionals to take the organization’s exams to become certified as financial risk managers. Read more..

By STUART ELLIOTT - The New York Times

NBC Spends Millions on the Buildup to ‘Smash’

NBC is estimated to have spent as much as $25 million promoting Smash, a new series that the network hopes will be the hit it desperately needs; while NBC would welcome much-better-than average ratings, the network has made efforts to tamp down expectations. Read more..

By BILL CARTER - The New York Times

Print News Media Go Live With Video Programming

Web sites, newspapers and other news organizations are gearing up to produce hours of video programming, in part to pursue the higher revenues available from video ads; The Wall Street Journal already produces about four hours of live programming each weekday, with plans for more hours in 2012; The New York Times Web site has begun running a morning business newscast, which joins its taped daily show TimesCast. Read more..

By BRIAN STELTER - The New York Times

Robert B. Cohen, Hudson News Chain Founder, Dies at 86

Mr. Cohen was president of the Hudson County News Company, a newspaper distributorship, when it went into the retail field in the mid-1970s by taking over a newsstand at the Newark airport. Read more..

By DENNIS HEVESI - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE18.9919.1518.9519.0542.7M
Cisco SystemsCSCO20.0420.2019.9220.1937.1M
IntelINTC26.5526.7326.3626.7236.8M
PfizerPFE21.1321.1820.8720.9532.1M
MicrosoftMSFT30.0430.2229.9730.2028M
AT&T Inc.T29.8329.9829.6929.9723.6M
Wells Fargo & Co.WFC30.4130.5130.0830.2023.3M
JPMorgan ChaseJPM38.0638.3237.8138.1423.1M
Gilead SciencesGILD54.3056.5054.2456.0318.9M
General MotorsGM26.4726.8325.9526.7017.3M
Abbott LaboratoriesABT54.7455.4554.6755.3916.9M
Oracle Corp.ORCL29.0329.0728.8129.0016.6M
ExxonMobilXOM84.8785.8584.4985.7515M
Verizon CommunicationsVZ37.8238.1937.8238.1414.9M
ComcastCMCSA27.0927.1826.9427.0912.9M
HP Inc.HPQ28.9829.1128.7428.7612.8M
AltriaMO28.8228.8628.5328.6412.7M
AmgenAMGN68.6569.1567.2869.1211.9M
Walt Disney & Co.DIS40.0040.5939.9640.4611.5M
MerckMRK38.2138.4038.1338.4011M
Procter & GamblePG62.8663.6162.7863.519.85M
Johnson & JohnsonJNJ65.4665.5865.0565.199.54M
AppleAAPL458.38464.98458.20463.978.91M
ConocoPhillipsCOP70.2471.3670.2071.328.89M
UnitedHealth GroupUNH50.9851.4050.6851.298.58M
Home DepotHD45.0545.2844.9945.208.09M
AlphabetGOOGL595.01610.83594.01609.097.35M
Coca-ColaKO67.8468.2367.7068.037.29M
Bristol-Myers SquibbBMY32.2332.3832.0932.136.61M
ChevronCVX104.62106.76104.37106.676.44M
Wal-Mart StoresWMT61.8561.9861.7061.885.48M
SchlumbergerSLB78.2079.7477.7579.645.36M
AmazonAMZN186.28186.56182.92183.145.31M
PepsicoPEP66.4266.7666.1366.524.92M
BoeingBA75.2675.5575.1675.464.16M
United TechnologiesUTX80.5080.8180.1280.573.85M
International Business MachinesIBM192.48193.76192.00192.823.64M
McDonald'sMCD99.96100.0099.3499.493.49M
VisaV106.94108.27106.80107.363.34M
Berkshire HathawayBRK.B79.5079.9379.4479.853.21M
Union PacificUNP115.91116.11114.37115.052.19M
3MMMM87.1587.9487.1587.562.19M
Exchange Rates of February 06, 2012
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 76.540 JPY1 JPY = 0.013 USD
US DollarCanadian Dollar1 USD = 0.996 CAD1 CAD = 1.004 USD
US DollarSwiss Franc1 USD = 0.919 CHF1 CHF = 1.089 USD
US DollarChinese Yuan1 USD = 6.312 CNY1 CNY = 0.158 USD
EuroJapanese Yen1 EUR = 100.500 JPY1 JPY = 0.010 EUR
EuroPound Sterling1 EUR = 0.830 GBP1 GBP = 1.205 EUR
EuroAustralian Dollar1 EUR = 1.224 AUD1 AUD = 0.817 EUR
EuroCanadian Dollar1 EUR = 1.307 CAD1 CAD = 0.765 EUR
EuroSwiss Franc1 EUR = 1.206 CHF1 CHF = 0.829 EUR
EuroChinese Yuan1 EUR = 8.278 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.825 GBP1 GBP = 1.212 JPY
Japanese YenAustralian Dollar1 JPY = 1.217 AUD1 AUD = 0.822 JPY
Japanese YenCanadian Dollar1 JPY = 1.300 CAD1 CAD = 0.769 JPY
Japanese YenSwiss Franc1 JPY = 1.200 CHF1 CHF = 0.833 JPY
Pound SterlingAustralian Dollar1 GBP = 1.475 AUD1 AUD = 0.678 GBP
Pound SterlingCanadian Dollar1 GBP = 1.576 CAD1 CAD = 0.635 GBP
Pound SterlingSwiss Franc1 GBP = 1.453 CHF1 CHF = 0.688 GBP
Pound SterlingChinese Yuan1 GBP = 9.975 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 1.068 CAD1 CAD = 0.936 AUD
Australian DollarSwiss Franc1 AUD = 0.985 CHF1 CHF = 1.015 AUD
Australian DollarChinese Yuan1 AUD = 6.763 CNY1 CNY = 0.148 AUD
Canadian DollarSwiss Franc1 CAD = 0.922 CHF1 CHF = 1.084 CAD
Canadian DollarChinese Yuan1 CAD = 6.332 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.861 CNY1 CNY = 0.146 CHF

See what else happened on February 06, 2012