Financial news on September 08, 2009

Business and Financial news
A Breakdown on Handling Big Failures

The United States appears to be in no better position today to manage the failure of a large financial institution than it was a year ago. Read more..

By ANDREW ROSS SORKIN - The New York Times

Butterfinger Hopes Funny Again Means Money

The Butterfinger brand of candy bars has gone back to comedic advertising after several years. Read more..

By STUART ELLIOTT - The New York Times

Colleges Are Failing in Graduation Rates

Much of the American system of higher education is failing in its core mission of getting students to graduate, with only Italy ranking lower among rich countries. Read more..

By DAVID LEONHARDT - The New York Times

Driver Texting Now an Issue in the Back Seat

Differences of opinion about distractions behind the wheel are creating disputes among family members and friends. Read more..

By MATT RICHTEL - The New York Times

In Turbulent Air, Flight Attendants Face Risk

When the seat-belt light goes on but the in-flight service continues, serious injuries to flight attendants can be the result. Read more..

By CHRISTINE NEGRONI - The New York Times

New Aerial Irritant: No Items in Seat Back

Airlines seem to be doing it in the interest of swiftly cleaning the cabins so that airplanes can be quickly ready for the next flight. Read more..

By JOE SHARKEY - The New York Times

Rebuff by Cadbury Doesn’t Deter Kraft

Kraft Foods said it would pursue the $16.7 billion takeover even after its offer was rejected for being too low. Read more..

By JULIA WERDIGIER - The New York Times

Removal of Leader Stirs Anger Over Dealings of Actuary Group

When the American Academy of Actuaries removed its leader, it set off a storm of criticism and legal wrangling. Read more..

By MARY WILLIAMS WALSH - The New York Times

Swiss Deal With I.R.S. May Hide Some Tax Cheats

Some large, cash-only accounts may not be disclosed because Swiss authorities may find no evidence of fraud, tax lawyers said. Read more..

By LYNNLEY BROWNING - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 14.52 14.69 14.36 14.50 143M
Microsoft MSFT 24.62 24.84 24.41 24.82 53.7M
Intel INTC 19.88 19.99 19.55 19.80 45.6M
Cisco Systems CSCO 22.00 22.21 21.79 21.92 40M
Pfizer PFE 16.39 16.40 16.11 16.21 37.8M
Wells Fargo & Co. WFC 27.21 27.29 26.60 26.98 31.7M
JPMorgan Chase JPM 42.79 43.04 41.85 42.54 28.1M
Oracle Corp. ORCL 22.12 22.12 21.77 21.88 24.5M
ExxonMobil XOM 69.85 70.97 69.70 70.65 22M
AT&T Inc. T 25.89 25.94 25.67 25.75 21.3M
Comcast CMCSA 16.35 16.57 16.25 16.47 20.1M
Altria MO 18.62 18.62 18.46 18.52 18.1M
Verizon Communications VZ 30.83 30.95 30.68 30.95 17.3M
Procter & Gamble PG 53.45 54.20 53.21 54.20 15.7M
Coca-Cola KO 49.94 50.79 49.72 50.41 15.6M
Abbott Laboratories ABT 45.67 45.91 45.25 45.91 15.1M
Wal-Mart Stores WMT 51.72 51.80 51.33 51.40 14.1M
UnitedHealth Group UNH 28.99 29.00 27.59 27.84 13.8M
Merck MRK 30.93 31.03 30.30 30.97 13.7M
Pepsico PEP 57.66 58.34 57.33 58.28 13M
Walt Disney & Co. DIS 26.31 26.36 26.09 26.28 12.4M
Home Depot HD 27.23 27.57 27.04 27.48 12.3M
ConocoPhillips COP 45.75 46.24 45.70 46.00 12M
Apple AAPL 172.98 173.14 172.00 172.93 11.3M
HP Inc. HPQ 45.11 45.48 44.98 45.47 10.5M
Schlumberger SLB 56.93 58.42 56.63 58.10 10.1M
Chevron CVX 69.73 70.69 69.71 70.48 9.68M
Bristol-Myers Squibb BMY 22.01 22.16 21.85 22.03 9.22M
Johnson & Johnson JNJ 60.77 60.77 59.99 60.57 8.79M
McDonald's MCD 56.40 56.62 56.00 56.22 7.48M
Amazon AMZN 79.86 81.04 78.87 80.90 7.04M
Gilead Sciences GILD 46.40 46.89 45.95 46.83 6.56M
Amgen AMGN 59.00 59.63 58.82 59.16 6.05M
International Business Machines IBM 117.94 118.17 116.63 117.16 5.8M
Alphabet GOOGL 464.29 466.99 455.84 458.62 5.31M
United Technologies UTX 60.74 60.88 59.83 60.38 4.95M
Union Pacific UNP 62.74 62.88 61.60 61.67 4.74M
Boeing BA 49.73 49.88 48.81 49.50 4.58M
3M MMM 71.70 72.30 71.41 71.69 3.37M
Visa V 70.70 71.25 70.16 70.95 3.06M
Berkshire Hathaway BRK.B 3274.00 3285.00 3194.00 3200.00 24.3K
Exchange Rates of September 08, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92.290 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.079 CAD 1 CAD = 0.927 USD
US Dollar Swiss Franc 1 USD = 1.047 CHF 1 CHF = 0.956 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 133.740 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.878 GBP 1 GBP = 1.138 EUR
Euro Australian Dollar 1 EUR = 1.681 AUD 1 AUD = 0.595 EUR
Euro Canadian Dollar 1 EUR = 1.564 CAD 1 CAD = 0.640 EUR
Euro Swiss Franc 1 EUR = 1.517 CHF 1 CHF = 0.659 EUR
Euro Chinese Yuan 1 EUR = 9.891 CNY 1 CNY = 0.101 EUR
Japanese Yen Pound Sterling 1 JPY = 0.656 GBP 1 GBP = 1.523 JPY
Japanese Yen Australian Dollar 1 JPY = 1.256 AUD 1 AUD = 0.796 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.169 CAD 1 CAD = 0.856 JPY
Japanese Yen Swiss Franc 1 JPY = 1.134 CHF 1 CHF = 0.882 JPY
Pound Sterling Australian Dollar 1 GBP = 1.913 AUD 1 AUD = 0.523 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.780 CAD 1 CAD = 0.562 GBP
Pound Sterling Swiss Franc 1 GBP = 1.727 CHF 1 CHF = 0.579 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.929 CAD 1 CAD = 1.076 AUD
Australian Dollar Swiss Franc 1 AUD = 0.902 CHF 1 CHF = 1.109 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.884 CNY 1 CNY = 0.170 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.970 CHF 1 CHF = 1.031 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.324 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.520 CNY 1 CNY = 0.153 CHF

See what else happened on September 08, 2009