Financial news on December 09, 2008

Business and Financial news
Car Dealers Brace for Closings, or for a Fight, as Detroit Seeks Help

Many auto dealers believe they are on the chopping block no matter what happens to the Detroit automobile companies. Read more..

By CLIFFORD KRAUSS - The New York Times

Christie Hefner to Depart Playboy

Christie Hefner, the daughter of Playboy’s founder, Hugh Hefner, plans to step down as chairwoman and chief executive after two decades on the job, the adult entertainment company said. Read more..

By STEPHANIE CLIFFORD - The New York Times

European Leaders Promote Economic Cooperation

The leaders of Britain, France and the European Commission called for more cooperation among European Union leaders to respond to the economic crisis. Read more..

By JULIA WERDIGIER and JUDY DEMPSEY - The New York Times

Falling Sales in Russia Force Ford to Idle Its Plant

Hopes that Russia and other emerging markets could help tide the automotive industry over dimmed as the Ford Motor Company suspended production in Russia. Read more..

By ANDREW E. KRAMER - The New York Times

G.M., Under Pressure, Turns to Robert Lutz

G.M.’s vice chairman, Robert A. Lutz, gave his first interviews since the Big Three’s campaign for a bailout began, and he dispensed with the polite approach his boss had used. Read more..

By BILL VLASIC - The New York Times

Microsoft Offers to Reduce Search Data in Europe

Microsoft said it would abide by a European privacy panel’s request to reduce the length of time it kept records of Web searches if its rivals, Yahoo and Google, did the same. Read more..

By KEVIN J. O'BRIEN - The New York Times

NBC Names 2 Executives to Help Slim Its Operations

NBC Universal’s entertainment division announced an overhaul anticipated since reports leaked that the company would streamline operations under new executives. Read more..

By BILL CARTER - The New York Times

Panel Presses to Bolster Security in Cyberspace

Government and technology experts are urging a move away from passwords and toward more secure devices. Read more..

By JOHN MARKOFF - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE18,2818,6617,5917,78111M
IntelINTC13,6414,6913,4914,3088.1M
MicrosoftMSFT20,6221,2520,4620,6080.5M
Cisco SystemsCSCO17,1317,9316,7517,1667.3M
JPMorgan ChaseJPM35,6735,7033,6633,9665.8M
Wells Fargo & Co.WFC32,1432,7630,4030,5056.8M
ExxonMobilXOM79,0279,6377,5178,2047M
Oracle Corp.ORCL16,7417,6716,6016,9444.4M
PfizerPFE16,5416,9816,4016,4743.6M
AppleAAPL98,40103,6097,21100,0643M
AT&T Inc.T29,8330,1828,7629,1639.6M
Wal-Mart StoresWMT57,1857,3354,9155,8130.4M
Walt Disney & Co.DIS24,0824,8823,3223,5326.3M
Home DepotHD23,8924,7422,8523,2026.3M
Bristol-Myers SquibbBMY22,3422,3420,2520,4024.9M
Verizon CommunicationsVZ34,0134,2533,0733,3524.6M
AltriaMO14,9915,1814,7914,9324.3M
ComcastCMCSA16,3216,7916,2716,4123.5M
Procter & GamblePG61,9762,2559,3659,7921.4M
ChevronCVX77,2878,5975,2275,5619.7M
MerckMRK27,3627,4626,1626,3119.5M
HP Inc.HPQ34,5436,0734,3834,5118.3M
ConocoPhillipsCOP50,2552,7250,0051,1318M
Abbott LaboratoriesABT52,9454,0251,5051,9717.3M
Johnson & JohnsonJNJ58,9559,0057,5057,8113.8M
AlphabetGOOGL297,69318,00297,01305,9713.8M
McDonald'sMCD60,6260,9759,0359,6813.5M
Coca-ColaKO45,5346,5544,3844,8313.3M
AmazonAMZN49,8154,4849,7051,2513.3M
SchlumbergerSLB40,5643,9840,2042,0112.9M
Gilead SciencesGILD46,3547,1044,4044,8310.2M
AmgenAMGN57,9558,2556,9757,9610.1M
Union PacificUNP48,9249,0046,1346,9010.1M
United TechnologiesUTX48,4348,7847,1647,979.76M
International Business MachinesIBM83,8285,4382,2082,699.36M
3MMMM55,4656,7455,0056,158.79M
BoeingBA41,5742,4440,6540,828.31M
UnitedHealth GroupUNH21,2322,1820,1920,788.25M
VisaV55,5056,4453,1053,538.03M
PepsicoPEP53,4253,6351,9652,277.47M
Berkshire HathawayBRK.B3460,003560,003427,003543,0041.7K
Exchange Rates of December 09, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92,100 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,263 CAD1 CAD = 0,792 USD
US DollarSwiss Franc1 USD = 1,205 CHF1 CHF = 0,830 USD
US DollarChinese Yuan1 USD = 6,874 CNY1 CNY = 0,145 USD
EuroJapanese Yen1 EUR = 119,080 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,876 GBP1 GBP = 1,141 EUR
EuroAustralian Dollar1 EUR = 1,961 AUD1 AUD = 0,510 EUR
EuroCanadian Dollar1 EUR = 1,633 CAD1 CAD = 0,613 EUR
EuroSwiss Franc1 EUR = 1,558 CHF1 CHF = 0,642 EUR
EuroChinese Yuan1 EUR = 8,881 CNY1 CNY = 0,113 EUR
Japanese YenPound Sterling1 JPY = 0,735 GBP1 GBP = 1,360 JPY
Japanese YenAustralian Dollar1 JPY = 1,647 AUD1 AUD = 0,607 JPY
Japanese YenCanadian Dollar1 JPY = 1,370 CAD1 CAD = 0,730 JPY
Japanese YenSwiss Franc1 JPY = 1,308 CHF1 CHF = 0,765 JPY
Pound SterlingAustralian Dollar1 GBP = 2,238 AUD1 AUD = 0,447 GBP
Pound SterlingCanadian Dollar1 GBP = 1,863 CAD1 CAD = 0,537 GBP
Pound SterlingSwiss Franc1 GBP = 1,778 CHF1 CHF = 0,562 GBP
Pound SterlingChinese Yuan1 GBP = 10,127 CNY1 CNY = 0,099 GBP
Australian DollarCanadian Dollar1 AUD = 0,832 CAD1 CAD = 1,202 AUD
Australian DollarSwiss Franc1 AUD = 0,794 CHF1 CHF = 1,260 AUD
Australian DollarChinese Yuan1 AUD = 4,529 CNY1 CNY = 0,221 AUD
Canadian DollarSwiss Franc1 CAD = 0,954 CHF1 CHF = 1,049 CAD
Canadian DollarChinese Yuan1 CAD = 5,435 CNY1 CNY = 0,184 CAD
Swiss FrancChinese Yuan1 CHF = 5,699 CNY1 CNY = 0,175 CHF

See what else happened on December 09, 2008