Financial news on December 08, 2011
Business and Financial news
Case Study column examines Pulling Down the Moon, which offers yoga classes and other services to women undergoing fertility treatments; notes its Chicago office is reconsidering relocating after flooding. Read more..
Research in Motion changes name of its new operating system to revive the BlackBerry brand from BBX to BlackBerry 10; change follows grant of restraining order to Basis International, which has long used the name BBx. Read more..
Elizabeth Olson Advertising column highlights charity campaigns by the American Red Cross and Oxfam America. Read more..
Bob Tedeschi App Smart column highlights free daily shopping deal smartphone apps, including those from Groupon and LivingSocial. Read more..
European Central Bank says demand for three-month dollar loans surged after cutting financing cost almost in half in a coordinated action with five other central banks including the Federal Reserve; it will lend $50.7 billion to 34 banks for 84 days at rate of 0.59 percent, compared with $395 million lent in previous three-month offering at 1.09 percent. Read more..
Reuters BreakingViews column observes the champion Green Bay Packers are selling stock in the team for $250 a share to raise millions to refurbish the team stadium, but the shares give buyers few rights; notes Federal Reserve chief Ben S Bernanke would get less flak if Fed managed its communication better regarding role as crisis lender. Read more..
Highlights from the DealBook newsletter. Read more..
Federal Reserve reports consumer borrowing in United States rose by $7.65 billion in October to $2.46 trillion, up at annual rate of 3.7 percent, most since October 2009; rate in September was up 3.4 percent. Read more..
Markets rise on hopes euro zone will find solution to its debt crisis; Dow Jones industrial average rises 46.24 points, or 0.38 percent, to 12,196.37; Standard & Poor's 500-stock index rises 2.54 points, or 0.20 percent, to 1,261.01; Nasdaq composite index falls 0.35 points, or 0.01 percent, to 2,649.21. Read more..
Guests on this week’s podcast include Daniel Mohan of ID Watchdog, who explains how people’s identities can be stolen (and what to do about it), and Will Lucas, who discusses Thankyouaga.in, a new social app for positive posts. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16.58 | 16.65 | 16.25 | 16.31 | 79.7M |
Microsoft | MSFT | 25.48 | 25.72 | 25.37 | 25.40 | 60.5M |
Intel | INTC | 25.45 | 25.53 | 24.63 | 24.71 | 58M |
JPMorgan Chase | JPM | 33.55 | 33.70 | 32.08 | 32.22 | 47.8M |
Cisco Systems | CSCO | 18.87 | 19.07 | 18.45 | 18.57 | 47.3M |
Merck | MRK | 35.67 | 35.73 | 35.07 | 35.19 | 42.4M |
Altria | MO | 28.75 | 28.90 | 28.49 | 28.53 | 41.6M |
Amgen | AMGN | 58.60 | 59.43 | 56.00 | 58.41 | 41.6M |
Pfizer | PFE | 20.32 | 20.54 | 20.12 | 20.19 | 36M |
Wells Fargo & Co. | WFC | 26.69 | 26.85 | 26.06 | 26.19 | 29.4M |
Oracle Corp. | ORCL | 31.24 | 31.50 | 30.65 | 30.74 | 24.5M |
AT&T Inc. | T | 29.23 | 29.24 | 28.81 | 28.86 | 22.6M |
HP Inc. | HPQ | 28.17 | 28.67 | 27.56 | 27.66 | 21.7M |
ExxonMobil | XOM | 80.75 | 80.85 | 79.55 | 79.87 | 18.4M |
Comcast | CMCSA | 22.92 | 22.97 | 22.41 | 22.47 | 14.6M |
Verizon Communications | VZ | 38.15 | 38.25 | 37.81 | 37.81 | 13.9M |
Apple | AAPL | 391.45 | 395.50 | 390.23 | 390.66 | 13.4M |
Abbott Laboratories | ABT | 54.58 | 54.75 | 54.07 | 54.18 | 13M |
Schlumberger | SLB | 74.24 | 75.35 | 71.65 | 71.95 | 12.3M |
Home Depot | HD | 40.49 | 40.80 | 39.84 | 39.91 | 12M |
General Motors | GM | 21.76 | 21.76 | 20.85 | 20.98 | 11.5M |
Bristol-Myers Squibb | BMY | 33.24 | 33.66 | 33.24 | 33.31 | 10.6M |
Wal-Mart Stores | WMT | 58.39 | 58.55 | 57.87 | 57.98 | 10.4M |
ConocoPhillips | COP | 72.06 | 72.33 | 70.80 | 71.02 | 9.98M |
Walt Disney & Co. | DIS | 36.86 | 36.96 | 35.82 | 35.92 | 9.88M |
Johnson & Johnson | JNJ | 64.14 | 64.45 | 63.56 | 63.78 | 9.57M |
UnitedHealth Group | UNH | 49.23 | 49.55 | 47.98 | 48.16 | 8.64M |
Procter & Gamble | PG | 64.87 | 65.00 | 64.30 | 64.47 | 8.35M |
McDonald's | MCD | 97.03 | 98.29 | 96.72 | 96.92 | 8.12M |
Coca-Cola | KO | 66.70 | 67.24 | 66.56 | 66.73 | 8.06M |
Chevron | CVX | 104.00 | 104.80 | 101.95 | 102.25 | 7.72M |
Gilead Sciences | GILD | 39.40 | 39.40 | 38.68 | 38.73 | 7.25M |
Boeing | BA | 70.46 | 71.13 | 69.83 | 70.17 | 6.03M |
Berkshire Hathaway | BRK.B | 77.82 | 77.99 | 76.66 | 76.94 | 5.84M |
Pepsico | PEP | 64.54 | 65.14 | 64.22 | 64.33 | 5.17M |
Alphabet | GOOGL | 621.04 | 627.45 | 615.30 | 616.05 | 4.82M |
International Business Machines | IBM | 192.48 | 193.80 | 191.07 | 191.58 | 4.37M |
Amazon | AMZN | 193.57 | 195.89 | 190.08 | 190.48 | 4.36M |
United Technologies | UTX | 75.67 | 76.13 | 74.09 | 74.37 | 4.29M |
3M | MMM | 81.83 | 82.14 | 80.26 | 80.46 | 3.98M |
Visa | V | 96.94 | 97.87 | 95.59 | 95.80 | 3.56M |
Union Pacific | UNP | 102.22 | 102.22 | 100.01 | 100.37 | 3.15M |
Exchange Rates of December 08, 2011
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 77.620 JPY | 1 JPY = 0.013 USD |
US Dollar | Canadian Dollar | 1 USD = 1.023 CAD | 1 CAD = 0.978 USD |
US Dollar | Swiss Franc | 1 USD = 0.926 CHF | 1 CHF = 1.080 USD |
US Dollar | Chinese Yuan | 1 USD = 6.363 CNY | 1 CNY = 0.157 USD |
Euro | Japanese Yen | 1 EUR = 103.550 JPY | 1 JPY = 0.010 EUR |
Euro | Pound Sterling | 1 EUR = 0.854 GBP | 1 GBP = 1.172 EUR |
Euro | Australian Dollar | 1 EUR = 1.312 AUD | 1 AUD = 0.762 EUR |
Euro | Canadian Dollar | 1 EUR = 1.365 CAD | 1 CAD = 0.733 EUR |
Euro | Swiss Franc | 1 EUR = 1.236 CHF | 1 CHF = 0.809 EUR |
Euro | Chinese Yuan | 1 EUR = 8.483 CNY | 1 CNY = 0.118 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.824 GBP | 1 GBP = 1.214 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.266 AUD | 1 AUD = 0.790 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.317 CAD | 1 CAD = 0.759 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.192 CHF | 1 CHF = 0.839 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.536 AUD | 1 AUD = 0.651 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.598 CAD | 1 CAD = 0.626 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.446 CHF | 1 CHF = 0.691 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.934 CNY | 1 CNY = 0.101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 1.040 CAD | 1 CAD = 0.962 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.941 CHF | 1 CHF = 1.063 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.463 CNY | 1 CNY = 0.155 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.905 CHF | 1 CHF = 1.105 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.218 CNY | 1 CNY = 0.161 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.864 CNY | 1 CNY = 0.146 CHF |
See what else happened on December 08, 2011