Financial news on October 08, 2010

Business and Financial news
‘CHiPs’ Actor’s Journey in the Land of Penny Stocks

Larry Wilcox, a onetime TV actor on “CHiPs,” has been accused of securities fraud, drawing attention to his penny-stock company. But what that company, the UC Hub Group, actually does is an open question. Read more..

By THOMAS KAPLAN - The New York Times

Addressing Your Cat’s ... Ahem ... Solid Waste

In a campaign for a new variety, Double Duty, the brand decided there was no room for euphemism. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Asian I.P.O.’s Reflect Growth and Liquidity

Initial public offerings from the logistics unit of the Singapore wealth fund G.I.C. and a Philippine budget airline drew strong demand from investors, Reuters reported. Read more..

By DEALBOOK - The New York Times

Bit.ly Gets $10 Million in 2nd Round

Bit.ly, the start-up behind many of the shortened links you probably see in Twitter, said it raised $10 million, VentureBeat reported. Read more..

By DEALBOOK - The New York Times

Citadel’s $100 Million Payout Under Fire

In an unusually venomous court filing, a hedge fund has attacked Citadel Broadcasting’s executives and board just months after the radio company exited bankruptcy. Read more..

By PETER LATTMAN - The New York Times

F.D.I.C. Is Said to Plan New Liquidation Rules

The Federal Deposit Insurance Corporation is expected to propose new rules for seizing and dismantling large financial firms on the verge of collapse, The Wall Street Journal reported. Read more..

By DEALBOOK - The New York Times

Potash Scoffs at BHP, While Sinochem Waits

The chief executive of the Potash Corporation described BHP Billiton’s $130-a-share hostile bid as “non-starter” even though a competing offer has yet to emerge. Read more..

By DEALBOOK - The New York Times

Rio Tinto Is Said to Be Interested in Potash Sector

Rio Tinto is interested in possible bolt-on acquisitions in a range of sectors, including potash, an executive said on Thursday, Reuters reported. Read more..

By DEALBOOK - The New York Times

The Editor of Page Six Is Departing After 25 Years

After 25 years of writing gossip for the New York tabloid, he takes a digital job in Los Angeles. Read more..

By TIM ARANGO - The New York Times

While Europe Scrimps, European Union Spends

Amid an austerity drive unparalleled in modern Europe, the bureaucracy that runs the bloc is haggling over how much to increase next year's budget. Read more..

By STEPHEN CASTLE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 17,13 17,29 17,03 17,12 51.5M
Intel INTC 19,40 19,58 19,21 19,52 46.5M
Microsoft MSFT 24,62 24,65 24,37 24,57 41.3M
Cisco Systems CSCO 22,37 22,52 22,09 22,48 37.8M
Oracle Corp. ORCL 27,59 28,08 27,31 28,00 33.2M
Abbott Laboratories ABT 52,55 52,93 52,41 52,81 31.9M
Procter & Gamble PG 61,00 62,00 60,90 61,86 30.7M
Wells Fargo & Co. WFC 26,19 26,25 25,72 25,95 29.5M
JPMorgan Chase JPM 39,67 39,78 39,13 39,31 28.2M
Pfizer PFE 17,43 17,50 17,38 17,46 28M
AT&T Inc. T 28,37 28,38 27,86 28,22 25M
Apple AAPL 291,71 294,50 290,00 294,07 23.5M
ExxonMobil XOM 63,81 64,53 63,63 64,38 22.4M
HP Inc. HPQ 40,85 41,30 40,68 41,15 18.8M
Comcast CMCSA 17,89 18,06 17,70 17,99 16M
Verizon Communications VZ 33,09 33,14 32,61 32,83 15.3M
Walt Disney & Co. DIS 33,97 34,70 33,80 34,51 13M
ConocoPhillips COP 59,75 59,94 59,35 59,61 11.5M
Home Depot HD 31,83 32,14 31,70 31,89 10.6M
Altria MO 24,61 24,75 24,49 24,51 10.1M
Pepsico PEP 66,13 66,15 65,27 65,75 8.81M
Wal-Mart Stores WMT 54,35 54,59 54,02 54,41 8.79M
Merck MRK 36,82 36,99 36,61 36,91 8.68M
Schlumberger SLB 62,74 63,79 61,60 63,56 8.34M
Coca-Cola KO 59,48 59,70 59,06 59,41 8.09M
Johnson & Johnson JNJ 63,38 63,39 63,03 63,23 7.35M
Amazon AMZN 155,18 156,28 152,78 155,55 6.92M
Chevron CVX 83,47 84,10 82,95 83,94 6.88M
Bristol-Myers Squibb BMY 27,30 27,38 27,10 27,16 6.55M
Gilead Sciences GILD 36,20 36,49 35,94 36,33 6.36M
UnitedHealth Group UNH 34,45 34,55 34,19 34,35 6.02M
Alphabet GOOGL 532,77 537,61 527,62 536,35 5.71M
International Business Machines IBM 138,40 139,09 138,06 138,85 4.54M
Amgen AMGN 56,10 56,66 55,89 56,39 4.48M
McDonald's MCD 75,91 76,31 75,64 76,10 4.12M
United Technologies UTX 72,99 73,20 72,30 72,91 3.51M
Berkshire Hathaway BRK.B 83,41 83,42 82,63 83,16 3.49M
Boeing BA 68,47 69,71 68,15 69,23 3.34M
Union Pacific UNP 83,90 85,23 83,25 84,86 2.76M
Visa V 73,69 74,05 73,17 74,00 2.35M
3M MMM 89,82 89,82 88,43 89,16 2.26M
Exchange Rates of October 08, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81,910 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,010 CAD 1 CAD = 0,990 USD
US Dollar Swiss Franc 1 USD = 0,963 CHF 1 CHF = 1,039 USD
US Dollar Chinese Yuan 1 USD = 6,671 CNY 1 CNY = 0,150 USD
Euro Japanese Yen 1 EUR = 114,190 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,873 GBP 1 GBP = 1,145 EUR
Euro Australian Dollar 1 EUR = 1,415 AUD 1 AUD = 0,707 EUR
Euro Canadian Dollar 1 EUR = 1,409 CAD 1 CAD = 0,710 EUR
Euro Swiss Franc 1 EUR = 1,342 CHF 1 CHF = 0,745 EUR
Euro Chinese Yuan 1 EUR = 9,305 CNY 1 CNY = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,765 GBP 1 GBP = 1,308 JPY
Japanese Yen Australian Dollar 1 JPY = 1,239 AUD 1 AUD = 0,807 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,234 CAD 1 CAD = 0,811 JPY
Japanese Yen Swiss Franc 1 JPY = 1,175 CHF 1 CHF = 0,851 JPY
Pound Sterling Australian Dollar 1 GBP = 1,620 AUD 1 AUD = 0,617 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,613 CAD 1 CAD = 0,620 GBP
Pound Sterling Swiss Franc 1 GBP = 1,536 CHF 1 CHF = 0,651 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,645 CNY 1 CNY = 0,094 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,995 CAD 1 CAD = 1,005 AUD
Australian Dollar Swiss Franc 1 AUD = 0,947 CHF 1 CHF = 1,056 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,575 CNY 1 CNY = 0,152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,950 CHF 1 CHF = 1,053 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,602 CNY 1 CNY = 0,151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,931 CNY 1 CNY = 0,144 CHF

See what else happened on October 08, 2010