Financial news on January 06, 2010

Business and Financial news
A Mercedes Flagship That Sets the Standard

A 333,000-square-foot dealership in Manhattan will have five levels, two of which will be above ground and have glass walls on three sides. Read more..

By ALISON GREGOR - The New York Times

A Once-Defiant U.A.W. Local Now Focuses on G.M.’s Success

U.A.W. Local 1112, long a thorn in General Motors’ side, is now working with the automaker to ensure its success and protect union members’ jobs. Read more..

By NICK BUNKLEY - The New York Times

Apple Buys Quattro, an Ad Firm

While Google introduced its first piece of hardware, the Nexus One cellphone, Apple began to take aim at advertising, Google’s bread and butter. Read more..

By CLAIRE CAIN MILLER - The New York Times

Biopharmaceutical Industry Is Banking on Boston

About $2.3 billion in new biopharmaceutical manufacturing plants were going up in the Boston area. Read more..

By SUSAN DIESENHOUSE - The New York Times

Christmas Sales Brought a Move Toward Stability

Retailers did not discount as deeply as they did in 2008, a positive sign for profit margins. Read more..

By STEPHANIE ROSENBLOOM - The New York Times

Do Chipmunks Outrank Na’vi?

“Alvin and the Chipmunks: The Squeakquel” may be more valuable than “Avatar” over the long run. Read more..

By ROLFE WINKLER, ROBERT CYRAN and ROB COX - The New York Times

Fed Missed This Bubble. Will It See a New One?

A lack of explanation for why the Fed failed to recognize the economic bubble is the weak link in its push for power. Read more..

By DAVID LEONHARDT - The New York Times

GMAC Predicts Loss of $5 Billion

The auto loan maker, which just received $3.8 billion from the federal government in its latest bailout, is being hit by its push into home lending. Read more..

By REUTERS - The New York Times

Judge Lifts Some Tobacco Ad Limits

Tobacco companies can use graphics and colors in their labels and advertising, but are barred from brand-name product merchandise and sponsorships. Read more..

By DUFF WILSON - The New York Times

Television Begins a Push Into the 3rd Dimension

Cable programmers are rushing to create new channels for 3-D sets that manufacturers are unveiling. Read more..

By BRIAN STELTER and BRAD STONE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 30.88 31.08 30.52 30.77 58.2M
General Electric GE 15.53 15.62 15.44 15.45 55.5M
Pfizer PFE 18.66 18.81 18.51 18.60 41.4M
Intel INTC 20.81 20.93 20.67 20.80 40M
AT&T Inc. T 27.95 28.03 27.55 27.61 37.9M
Verizon Communications VZ 32.64 32.74 31.80 31.92 37.5M
Cisco Systems CSCO 24.54 24.74 24.34 24.42 35.7M
ExxonMobil XOM 69.45 70.60 69.34 70.02 35M
Wells Fargo & Co. WFC 28.03 28.33 27.79 28.11 33.2M
JPMorgan Chase JPM 43.45 44.09 43.31 43.92 27.7M
Oracle Corp. ORCL 24.77 24.92 24.38 24.46 24.6M
Altria MO 19.85 20.11 19.80 20.09 21.3M
Apple AAPL 214.38 215.23 210.75 210.97 19.7M
Gilead Sciences GILD 44.00 45.01 43.61 44.76 16.4M
Bristol-Myers Squibb BMY 25.17 25.29 25.07 25.22 15.5M
Merck MRK 37.21 37.73 36.90 37.66 15.2M
Comcast CMCSA 16.78 16.80 16.53 16.62 13.9M
Johnson & Johnson JNJ 63.90 64.54 63.83 64.45 13.2M
Wal-Mart Stores WMT 53.50 53.83 53.42 53.57 12.5M
HP Inc. HPQ 52.53 52.73 52.05 52.18 11.7M
ConocoPhillips COP 52.67 53.07 52.33 53.01 11.6M
Abbott Laboratories ABT 53.94 54.39 53.85 54.32 11.4M
Chevron CVX 79.44 80.00 79.19 79.63 11M
Walt Disney & Co. DIS 31.90 32.00 31.68 31.82 10.7M
McDonald's MCD 62.20 62.41 61.06 61.45 10.6M
Pepsico PEP 61.99 62.47 61.23 61.36 10M
Schlumberger SLB 67.17 68.94 67.03 68.80 9.95M
Procter & Gamble PG 60.94 60.96 60.50 60.85 9.91M
UnitedHealth Group UNH 31.60 32.06 31.41 31.79 9.76M
Coca-Cola KO 56.35 56.44 55.98 56.33 9.63M
Boeing BA 58.23 59.99 57.88 59.78 8.84M
Home Depot HD 28.88 29.00 28.70 28.78 8.83M
Alphabet GOOGL 625.86 625.86 606.36 608.26 7.95M
Amazon AMZN 134.60 134.73 131.65 132.25 7.18M
Amgen AMGN 56.94 57.39 56.50 56.79 6.02M
International Business Machines IBM 130.68 131.49 129.81 130.00 5.61M
3M MMM 83.88 84.60 83.51 83.67 5.27M
United Technologies UTX 70.56 70.83 70.03 70.19 4.73M
Visa V 87.01 87.08 85.90 85.96 4.06M
Union Pacific UNP 66.27 67.28 66.12 66.40 2.68M
Berkshire Hathaway BRK.B 3325.00 3325.00 3310.00 3310.00 35.2K
Exchange Rates of January 06, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92.310 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.032 CAD 1 CAD = 0.969 USD
US Dollar Swiss Franc 1 USD = 1.027 CHF 1 CHF = 0.973 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 133.050 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.900 GBP 1 GBP = 1.112 EUR
Euro Australian Dollar 1 EUR = 1.566 AUD 1 AUD = 0.639 EUR
Euro Canadian Dollar 1 EUR = 1.487 CAD 1 CAD = 0.672 EUR
Euro Swiss Franc 1 EUR = 1.481 CHF 1 CHF = 0.675 EUR
Euro Chinese Yuan 1 EUR = 9.839 CNY 1 CNY = 0.102 EUR
Japanese Yen Pound Sterling 1 JPY = 0.676 GBP 1 GBP = 1.479 JPY
Japanese Yen Australian Dollar 1 JPY = 1.176 AUD 1 AUD = 0.850 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.118 CAD 1 CAD = 0.895 JPY
Japanese Yen Swiss Franc 1 JPY = 1.113 CHF 1 CHF = 0.899 JPY
Pound Sterling Australian Dollar 1 GBP = 1.740 AUD 1 AUD = 0.575 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.653 CAD 1 CAD = 0.605 GBP
Pound Sterling Swiss Franc 1 GBP = 1.646 CHF 1 CHF = 0.608 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.923 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.950 CAD 1 CAD = 1.053 AUD
Australian Dollar Swiss Franc 1 AUD = 0.946 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.280 CNY 1 CNY = 0.159 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.995 CHF 1 CHF = 1.005 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.616 CNY 1 CNY = 0.151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.643 CNY 1 CNY = 0.151 CHF

See what else happened on January 06, 2010