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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE14.5214.6914.3614.50143M
MicrosoftMSFT24.6224.8424.4124.8253.7M
IntelINTC19.8819.9919.5519.8045.6M
Cisco SystemsCSCO22.0022.2121.7921.9240M
PfizerPFE16.3916.4016.1116.2137.8M
Wells Fargo & Co.WFC27.2127.2926.6026.9831.7M
JPMorgan ChaseJPM42.7943.0441.8542.5428.1M
Oracle Corp.ORCL22.1222.1221.7721.8824.5M
ExxonMobilXOM69.8570.9769.7070.6522M
AT&T Inc.T25.8925.9425.6725.7521.3M
ComcastCMCSA16.3516.5716.2516.4720.1M
AltriaMO18.6218.6218.4618.5218.1M
Verizon CommunicationsVZ30.8330.9530.6830.9517.3M
Procter & GamblePG53.4554.2053.2154.2015.7M
Coca-ColaKO49.9450.7949.7250.4115.6M
Abbott LaboratoriesABT45.6745.9145.2545.9115.1M
Wal-Mart StoresWMT51.7251.8051.3351.4014.1M
UnitedHealth GroupUNH28.9929.0027.5927.8413.8M
MerckMRK30.9331.0330.3030.9713.7M
PepsicoPEP57.6658.3457.3358.2813M
Walt Disney & Co.DIS26.3126.3626.0926.2812.4M
Home DepotHD27.2327.5727.0427.4812.3M
ConocoPhillipsCOP45.7546.2445.7046.0012M
AppleAAPL172.98173.14172.00172.9311.3M
HP Inc.HPQ45.1145.4844.9845.4710.5M
SchlumbergerSLB56.9358.4256.6358.1010.1M
ChevronCVX69.7370.6969.7170.489.68M
Bristol-Myers SquibbBMY22.0122.1621.8522.039.22M
Johnson & JohnsonJNJ60.7760.7759.9960.578.79M
McDonald'sMCD56.4056.6256.0056.227.48M
AmazonAMZN79.8681.0478.8780.907.04M
Gilead SciencesGILD46.4046.8945.9546.836.56M
AmgenAMGN59.0059.6358.8259.166.05M
International Business MachinesIBM117.94118.17116.63117.165.8M
AlphabetGOOGL464.29466.99455.84458.625.31M
United TechnologiesUTX60.7460.8859.8360.384.95M
Union PacificUNP62.7462.8861.6061.674.74M
BoeingBA49.7349.8848.8149.504.58M
3MMMM71.7072.3071.4171.693.37M
VisaV70.7071.2570.1670.953.06M
Berkshire HathawayBRK.B3274.003285.003194.003200.0024.3K
Exchange Rates of September 08, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92.290 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.079 CAD1 CAD = 0.927 USD
US DollarSwiss Franc1 USD = 1.047 CHF1 CHF = 0.956 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.740 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.878 GBP1 GBP = 1.138 EUR
EuroAustralian Dollar1 EUR = 1.681 AUD1 AUD = 0.595 EUR
EuroCanadian Dollar1 EUR = 1.564 CAD1 CAD = 0.640 EUR
EuroSwiss Franc1 EUR = 1.517 CHF1 CHF = 0.659 EUR
EuroChinese Yuan1 EUR = 9.891 CNY1 CNY = 0.101 EUR
Japanese YenPound Sterling1 JPY = 0.656 GBP1 GBP = 1.523 JPY
Japanese YenAustralian Dollar1 JPY = 1.256 AUD1 AUD = 0.796 JPY
Japanese YenCanadian Dollar1 JPY = 1.169 CAD1 CAD = 0.856 JPY
Japanese YenSwiss Franc1 JPY = 1.134 CHF1 CHF = 0.882 JPY
Pound SterlingAustralian Dollar1 GBP = 1.913 AUD1 AUD = 0.523 GBP
Pound SterlingCanadian Dollar1 GBP = 1.780 CAD1 CAD = 0.562 GBP
Pound SterlingSwiss Franc1 GBP = 1.727 CHF1 CHF = 0.579 GBP
Australian DollarCanadian Dollar1 AUD = 0.929 CAD1 CAD = 1.076 AUD
Australian DollarSwiss Franc1 AUD = 0.902 CHF1 CHF = 1.109 AUD
Australian DollarChinese Yuan1 AUD = 5.884 CNY1 CNY = 0.170 AUD
Canadian DollarSwiss Franc1 CAD = 0.970 CHF1 CHF = 1.031 CAD
Canadian DollarChinese Yuan1 CAD = 6.324 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.520 CNY1 CNY = 0.153 CHF

See what else happened on September 08, 2009