Financial news on February 07, 2012

Business and Financial news
Avoiding Baggage Fees

Travelers are figuring out creative ways to avoid paying to take baggage on flights as number of fees airlines place on customers grows; entire cottage industry has emerged for products that help people evade baggage-check fees. Read more..

By JANET MORRISSEY - The New York Times

Business Day Live | February 7, 2012

A major foreclosure services company is indicted for "robo-signing," even as a multibillion-dollar deal to provide relief to struggling homeowners offers limited legal protection for financial firms. Read more..

Mac William Bishop, Pedro Rosado, Nadia Sussman and Matthew Orr - The New York Times

Humana Hits Analysts’ Targets for the Quarter

The insurer’s profit was up, but shares fell as its full-year outlook failed to meet Wall Street’s expectations. Read more..

By REUTERS - The New York Times

Leap of Faith Can Land a Good Hotel Deal

Joe Sharkey On the Road column contends Priceline’s 'name your own price' feature is not perfect, but its deals on hotel rooms can be worth the effort; notes firm is de-emphasizing that part of its business, even though blind bidding still accounts for most of its hotel bookings in the United States; notes Priceline is emphasizing its segment that publishes discount prices before reservations. Read more..

By JOE SHARKEY - The New York Times

Markets Edge Down After 5-Week Rally

Stocks close slightly lower as European debt and corporate earnings eclipse optimism about economic growth. Read more..

By REUTERS - The New York Times

'Merkozy' Fights for Re-election

The normally cautious German chancellor is taking a big risk by planning campaign appearances in support of the French leader, who seems likely to be defeated in coming elections. Read more..

By PAUL TAYLOR | REUTERS - International Herald Tribune

With Champagne as a Calling Card, Passport Control Is Effusive

Frequent Flier column features Laurent-Perrier Champagne executive vice president Michelle DeFeo discussing her flying experiences. Read more..

By MICHELLE DEFEO - The New York Times

Wolfram, a Search Engine, Finds Answers Within Itself

Search engine Wolfram Alpha introduces its new Wolfram Alpha Pro version, described by creator Stephen Wolfram as a 'computational knowledge engine' designed to appeal to more than math and science enthusiasts; new premium version does not forage the Web, but instead culls its own painstakingly curated database to find answers for the average user. Read more..

By STEVE LOHR - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 20.09 20.33 20.00 20.20 61.4M
Microsoft MSFT 30.15 30.49 30.05 30.35 39.2M
Pfizer PFE 20.87 21.10 20.80 21.05 37.4M
General Electric GE 19.02 19.20 18.91 19.18 36M
Intel INTC 26.63 26.74 26.43 26.64 33.1M
Wells Fargo & Co. WFC 30.02 30.49 30.00 30.26 25.4M
AT&T Inc. T 29.85 30.15 29.80 30.04 24.2M
JPMorgan Chase JPM 37.86 38.12 37.70 37.87 21.1M
Oracle Corp. ORCL 28.91 29.00 28.75 28.95 20.3M
Walt Disney & Co. DIS 40.73 41.15 40.20 40.98 20.1M
ExxonMobil XOM 85.22 86.44 84.94 86.34 15.8M
HP Inc. HPQ 28.73 29.17 28.59 28.95 14.6M
Gilead Sciences GILD 55.20 55.88 54.66 55.08 13.7M
Verizon Communications VZ 38.29 38.30 37.68 37.92 12.5M
Merck MRK 38.27 38.78 38.25 38.63 12.4M
Abbott Laboratories ABT 55.24 55.86 55.19 55.71 12.4M
Comcast CMCSA 27.00 27.15 26.76 27.09 12.2M
Coca-Cola KO 68.09 69.45 67.63 68.55 12.1M
Apple AAPL 465.25 469.75 464.58 468.83 11.3M
ConocoPhillips COP 71.48 72.13 71.27 71.92 10.8M
General Motors GM 26.62 26.62 26.15 26.22 10.8M
Home Depot HD 45.13 45.58 45.10 45.46 9.73M
Altria MO 28.52 28.97 28.52 28.82 9.68M
Johnson & Johnson JNJ 65.16 65.39 65.02 65.26 9.25M
Procter & Gamble PG 63.56 63.91 63.37 63.70 8.9M
Bristol-Myers Squibb BMY 32.04 32.21 32.02 32.15 8.81M
Schlumberger SLB 79.34 79.69 78.00 79.50 7.55M
Amgen AMGN 68.71 69.24 68.15 69.17 6.87M
Wal-Mart Stores WMT 61.62 61.90 61.62 61.69 6.08M
Chevron CVX 106.02 107.06 105.44 106.83 6.03M
McDonald's MCD 99.57 101.18 99.56 100.91 6.03M
Pepsico PEP 66.27 66.98 66.14 66.76 5.6M
UnitedHealth Group UNH 51.09 52.13 50.91 52.03 5.24M
Amazon AMZN 182.65 184.94 182.06 184.19 5.1M
Boeing BA 75.04 75.35 74.30 75.20 4.44M
Alphabet GOOGL 607.15 609.39 603.76 606.77 4.18M
International Business Machines IBM 192.45 194.14 191.97 193.35 3.43M
Visa V 107.46 107.55 106.06 106.98 3.26M
Union Pacific UNP 114.51 115.06 112.28 114.68 3.1M
3M MMM 87.32 88.22 86.69 87.89 2.96M
United Technologies UTX 80.34 80.49 79.67 80.28 2.8M
Berkshire Hathaway BRK.B 79.38 80.00 79.18 79.88 2.26M
Exchange Rates of February 07, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 76.740 JPY 1 JPY = 0.013 USD
US Dollar Canadian Dollar 1 USD = 0.995 CAD 1 CAD = 1.005 USD
US Dollar Swiss Franc 1 USD = 0.912 CHF 1 CHF = 1.097 USD
US Dollar Chinese Yuan 1 USD = 6.305 CNY 1 CNY = 0.159 USD
Euro Japanese Yen 1 EUR = 101.780 JPY 1 JPY = 0.010 EUR
Euro Pound Sterling 1 EUR = 0.834 GBP 1 GBP = 1.199 EUR
Euro Australian Dollar 1 EUR = 1.227 AUD 1 AUD = 0.815 EUR
Euro Canadian Dollar 1 EUR = 1.319 CAD 1 CAD = 0.758 EUR
Euro Swiss Franc 1 EUR = 1.209 CHF 1 CHF = 0.827 EUR
Euro Chinese Yuan 1 EUR = 8.366 CNY 1 CNY = 0.120 EUR
Japanese Yen Pound Sterling 1 JPY = 0.819 GBP 1 GBP = 1.221 JPY
Japanese Yen Australian Dollar 1 JPY = 1.205 AUD 1 AUD = 0.830 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.295 CAD 1 CAD = 0.772 JPY
Japanese Yen Swiss Franc 1 JPY = 1.187 CHF 1 CHF = 0.842 JPY
Pound Sterling Australian Dollar 1 GBP = 1.471 AUD 1 AUD = 0.680 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.581 CAD 1 CAD = 0.632 GBP
Pound Sterling Swiss Franc 1 GBP = 1.449 CHF 1 CHF = 0.690 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.032 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.075 CAD 1 CAD = 0.930 AUD
Australian Dollar Swiss Franc 1 AUD = 0.985 CHF 1 CHF = 1.015 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.818 CNY 1 CNY = 0.147 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.917 CHF 1 CHF = 1.091 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.343 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.918 CNY 1 CNY = 0.145 CHF

See what else happened on February 07, 2012