Financial news on October 08, 2008

Business and Financial news
A.M.D.’s New Investors Make Big Bet on Chip Plants

The government of Abu Dhabi is betting billions of dollars that it can conquer one of the world’s toughest businesses. Read more..

By ASHLEE VANCE - The New York Times

Australia and Japan Make Defensive Moves

The Australian central bank cut its key interest rate and the Bank of Japan dampened speculation of coordinated rate cuts by major economies as the global financial crisis deepened. Read more..

By BETTINA WASSENER - The New York Times

Europe Prepares Consumer Rights Plan

The proposal to guarantee consumer rights for all European Union members is expected to help spur shopping online and across national borders. Read more..

By STEPHEN CASTLE - The New York Times

Google Puts Tunes From YouTube a Click Away

Google introduced a new type of e-commerce ad that YouTube users can click to buy digital goods from Apple’s iTunes or Amazon.com. Read more..

By MIGUEL HELFT - The New York Times

Sales From the Crypt (or Whatever Space He Can Manage to Rent)

Ricky’s, a chain of beauty supply stores, has trouble finding temporary space for its yearly Halloween-linked temporary store expansion, despite offers to pay the two-month rent upfront. Read more..

By FRED A. BERNSTEIN - The New York Times

Time to Get Out?

With the market experiencing severe turbulence, is this the time to sell your stocks? Ron Lieber discusses your money. Read more..

Erik Olsen - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 22.90 24.30 22.50 23.01 172M
General Electric GE 20.02 21.99 19.90 20.65 139M
Cisco Systems CSCO 18.02 19.60 17.80 18.34 130M
Intel INTC 15.61 16.83 15.49 16.25 124M
Pfizer PFE 17.37 18.05 17.13 17.13 112M
Apple AAPL 85.91 96.33 85.68 89.79 78.8M
Oracle Corp. ORCL 16.31 17.63 16.01 16.88 75.9M
JPMorgan Chase JPM 38.93 43.55 38.50 39.30 75.7M
ExxonMobil XOM 74.85 79.39 74.00 77.00 74.9M
AT&T Inc. T 25.02 26.13 23.95 24.73 65.7M
Wells Fargo & Co. WFC 29.95 33.76 29.22 31.90 57.5M
Comcast CMCSA 16.39 17.92 16.25 16.99 48.6M
Wal-Mart Stores WMT 53.71 56.77 52.75 54.55 47.8M
HP Inc. HPQ 37.76 42.00 37.14 40.00 41.3M
Johnson & Johnson JNJ 61.64 63.86 61.12 62.36 37.9M
Procter & Gamble PG 65.78 69.01 64.46 66.10 37.3M
Verizon Communications VZ 28.04 29.20 27.72 27.73 35.9M
Home Depot HD 21.16 22.46 20.76 21.17 35.1M
ConocoPhillips COP 59.40 64.93 58.59 62.03 33.7M
Abbott Laboratories ABT 54.92 56.89 52.85 55.29 31.4M
Altria MO 18.17 19.17 17.86 18.10 31M
Bristol-Myers Squibb BMY 18.52 19.77 18.50 18.94 29.6M
Walt Disney & Co. DIS 25.51 27.12 24.93 25.68 29M
Chevron CVX 72.13 77.16 70.40 73.10 28M
Schlumberger SLB 63.01 69.96 61.35 66.14 25.3M
Coca-Cola KO 48.65 49.60 46.45 47.41 24.5M
Alphabet GOOGL 330.16 358.99 326.11 338.11 23.6M
Merck MRK 28.58 29.93 28.01 28.52 22.5M
McDonald's MCD 53.26 55.83 53.25 53.41 20.7M
Visa V 49.01 54.43 47.75 52.63 18.8M
International Business Machines IBM 91.51 97.48 89.98 90.55 18M
Amgen AMGN 50.51 53.99 50.05 52.12 15.9M
Gilead Sciences GILD 39.52 42.45 39.24 41.07 14.3M
Amazon AMZN 55.64 62.75 55.35 61.02 14.3M
United Technologies UTX 48.80 51.99 48.66 49.68 14M
3M MMM 59.46 61.94 57.24 57.37 13.3M
Pepsico PEP 64.35 65.78 62.77 63.61 13M
UnitedHealth Group UNH 20.26 21.02 19.20 19.20 12.5M
Boeing BA 48.41 50.00 47.18 47.70 11.9M
Union Pacific UNP 58.66 64.07 57.26 60.79 9.73M
Berkshire Hathaway BRK.B 3980.00 4100.00 3900.00 3930.00 71.4K
Exchange Rates of October 08, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99.100 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.126 CAD 1 CAD = 0.888 USD
US Dollar Swiss Franc 1 USD = 1.127 CHF 1 CHF = 0.887 USD
US Dollar Chinese Yuan 1 USD = 6.814 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 135.070 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.789 GBP 1 GBP = 1.268 EUR
Euro Australian Dollar 1 EUR = 2.026 AUD 1 AUD = 0.494 EUR
Euro Canadian Dollar 1 EUR = 1.535 CAD 1 CAD = 0.652 EUR
Euro Swiss Franc 1 EUR = 1.537 CHF 1 CHF = 0.650 EUR
Euro Chinese Yuan 1 EUR = 9.286 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.584 GBP 1 GBP = 1.713 JPY
Japanese Yen Australian Dollar 1 JPY = 1.500 AUD 1 AUD = 0.667 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.136 CAD 1 CAD = 0.880 JPY
Japanese Yen Swiss Franc 1 JPY = 1.138 CHF 1 CHF = 0.879 JPY
Pound Sterling Australian Dollar 1 GBP = 2.567 AUD 1 AUD = 0.390 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.944 CAD 1 CAD = 0.514 GBP
Pound Sterling Swiss Franc 1 GBP = 1.948 CHF 1 CHF = 0.513 GBP
Pound Sterling Chinese Yuan 1 GBP = 11.764 CNY 1 CNY = 0.085 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.757 CAD 1 CAD = 1.321 AUD
Australian Dollar Swiss Franc 1 AUD = 0.758 CHF 1 CHF = 1.319 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.563 CNY 1 CNY = 0.219 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.001 CHF 1 CHF = 0.999 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.048 CNY 1 CNY = 0.165 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.044 CNY 1 CNY = 0.165 CHF

See what else happened on October 08, 2008