Financial news on October 06, 2009

Business and Financial news
A Choice Between Early Candidates for E.C.B. Chief

Two front-runners have emerged to replace Jean-Claude Trichet, the European Central Bank president, in 2011: Mario Draghi of Italy and Axel Weber of Germany. Read more..

By PAUL TAYLOR - International Herald Tribune

Airlines Seek Global Allies to Expand

The story of troubled Japan Airlines — currently courted by several would-be partners — is an example of the airlines’ attempt to grow again, by creating partnerships. Read more..

By MICHELINE MAYNARD - The New York Times

Airports Get Aid for Device to See Debris

Federal grants can be obtained to purchase fixed or mobile cameras or radars to check runways. Read more..

By MATTHEW L. WALD - The New York Times

British Banks Will Face Tougher Liquidity Rules

A regulator planned to require financial services firms to buy $175 billion in government bonds, or other assets, that would remain liquid in a financial crisis. Read more..

By JULIA WERDIGIER - The New York Times

Condé Nast Closes Gourmet and 3 Other Magazines

The 68-year-old magazine, aimed at the luxury market and run by Ruth Reichl, will close, as will Cookie, Elegant Bride and Modern Bride. Read more..

By STEPHANIE CLIFFORD - The New York Times

Getting the Guests to Sort

Although recycling programs can cut trash-removal bills by half, only about 40 percent of hotels have such a program. Read more..

By SUSAN STELLIN - The New York Times

Palm Seeks to Unclog App Bottleneck

The smartphone maker is betting that wider availability of applications will add up to more sales of its Pre phone. Read more..

By JENNA WORTHAM - The New York Times

Prepaid, but Not Prepared for Debit Card Fees

Prepaid debit cards are among the consumer banking industry’s fastest-growing products, but often their convenience comes with hidden fees. Read more..

By ANDREW MARTIN - The New York Times

Shareholder Suit Against Vivendi Starts

Vivendi and two other defendants are accused of violating federal securities laws in statements they made from October 2000 to August 2002. Read more..

By MATTHEW SALTMARSH - International Herald Tribune

To Start, Push the Windows Logo Button

Microsoft has turned to the marketer who came up with the Staples “Easy Button” to help revive its ailing cellphone software business. Read more..

By SAUL HANSELL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.1416.4016.0016.0895.7M
IntelINTC19.3019.7819.2819.6374.2M
Wells Fargo & Co.WFC28.3429.0528.3128.6659.1M
PfizerPFE16.6016.9816.5016.7855.2M
MicrosoftMSFT24.6825.2124.6625.1148.8M
JPMorgan ChaseJPM44.3645.0044.0744.9141.7M
Cisco SystemsCSCO23.1623.5723.0723.3541.4M
Oracle Corp.ORCL20.4720.6020.3020.5437.2M
ComcastCMCSA15.4215.7415.3015.4626.2M
AT&T Inc.T26.9527.1926.8727.1525.8M
ConocoPhillipsCOP48.4348.7848.0248.4124.3M
AppleAAPL187.74190.01187.30190.0121.6M
ExxonMobilXOM68.0169.1067.7868.6621.2M
MerckMRK31.9432.5631.6732.5120.7M
Abbott LaboratoriesABT50.5050.7149.8550.1818.4M
Verizon CommunicationsVZ30.1530.2129.9930.1717.7M
Wal-Mart StoresWMT49.2349.6449.1349.4817.6M
AltriaMO17.7517.8917.5017.8117M
HP Inc.HPQ46.4047.1046.1147.0115.7M
Home DepotHD26.3126.4826.1826.2914.4M
Procter & GamblePG56.8857.2456.7957.0312M
Johnson & JohnsonJNJ60.0860.5459.3460.2911.8M
UnitedHealth GroupUNH24.4624.5923.8224.3811.2M
Walt Disney & Co.DIS27.8328.3327.6728.1811M
Coca-ColaKO53.8154.6553.6654.329.55M
Bristol-Myers SquibbBMY22.3522.5222.2822.469.21M
VisaV68.6968.7067.4068.269.11M
ChevronCVX70.1470.8569.5370.568.46M
PepsicoPEP61.0561.2760.4260.878.13M
SchlumbergerSLB58.7159.9658.6559.247.57M
McDonald'sMCD56.7257.6456.7257.447.16M
AmazonAMZN89.3391.0888.4090.916.96M
Gilead SciencesGILD45.1245.8044.6445.726.95M
International Business MachinesIBM120.39121.59120.22121.356.66M
BoeingBA51.5452.5751.1552.296.24M
AlphabetGOOGL491.70499.37491.70498.745.46M
AmgenAMGN58.2859.3758.1758.865.39M
United TechnologiesUTX60.8861.9260.6961.493.73M
Union PacificUNP59.2059.5558.2558.812.83M
3MMMM73.4674.7573.3273.932.73M
Berkshire HathawayBRK.B3308.003324.003285.003289.0064.2K
Exchange Rates of October 06, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88.770 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.059 CAD1 CAD = 0.944 USD
US DollarSwiss Franc1 USD = 1.027 CHF1 CHF = 0.974 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 130.690 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.925 GBP1 GBP = 1.081 EUR
EuroAustralian Dollar1 EUR = 1.653 AUD1 AUD = 0.605 EUR
EuroCanadian Dollar1 EUR = 1.559 CAD1 CAD = 0.641 EUR
EuroSwiss Franc1 EUR = 1.512 CHF1 CHF = 0.662 EUR
Japanese YenPound Sterling1 JPY = 0.708 GBP1 GBP = 1.413 JPY
Japanese YenAustralian Dollar1 JPY = 1.264 AUD1 AUD = 0.791 JPY
Japanese YenCanadian Dollar1 JPY = 1.193 CAD1 CAD = 0.839 JPY
Japanese YenSwiss Franc1 JPY = 1.156 CHF1 CHF = 0.865 JPY
Pound SterlingAustralian Dollar1 GBP = 1.786 AUD1 AUD = 0.560 GBP
Pound SterlingCanadian Dollar1 GBP = 1.685 CAD1 CAD = 0.593 GBP
Pound SterlingSwiss Franc1 GBP = 1.634 CHF1 CHF = 0.612 GBP
Pound SterlingChinese Yuan1 GBP = 10.850 CNY1 CNY = 0.092 GBP
Australian DollarCanadian Dollar1 AUD = 0.943 CAD1 CAD = 1.060 AUD
Australian DollarSwiss Franc1 AUD = 0.914 CHF1 CHF = 1.094 AUD
Australian DollarChinese Yuan1 AUD = 6.079 CNY1 CNY = 0.165 AUD
Canadian DollarSwiss Franc1 CAD = 0.969 CHF1 CHF = 1.032 CAD
Canadian DollarChinese Yuan1 CAD = 6.443 CNY1 CNY = 0.155 CAD

See what else happened on October 06, 2009