Financial news on January 9th, 2009
Business and Financial news
Mr. Grey, a former talent manager and producer, has renewed his contract to run Paramount for five more years. Read more..
From 2004 to 2006, many dividends were as freewheeling as the mortgages given to homeowners with bad credit. Read more..
President-elect Barack Obama has become BlackBerry’s most prominent user, a pitch that would be worth millions if he could charge for it. Read more..
Trading volume was light and market analysts said that investors seemed to be biding their time before the release of the December employment numbers on Friday. Read more..
The economy lost 524,000 jobs in December, bringing the total for 2008 to 2.6 million, and more was expected in months ahead. Read more..
In the wake of the Madoff scandal, the Securities and Exchange Commission ended an exemption on auditors for privately held brokerage firms. Read more..
Palm says the device breaks new ground in the fiercely competitive smartphone market. Read more..
Arguing that Bernard L. Madoff’s bail should be revoked, prosecutors cited more evidence that he was hiding assets. Read more..
Assuming the success of the Kindle partly accounts for Amazon’s crazy stock price, there may be a way to assess its value. Read more..
It’s time to appreciate and evaluate your frequent flier and other rewards programs. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Cisco Systems | CSCO | 17.24 | 17.26 | 16.61 | 16.70 | 68.1M |
| General Electric | GE | 16.21 | 16.39 | 15.83 | 16.00 | 53.2M |
| Microsoft | MSFT | 20.17 | 20.30 | 19.41 | 19.52 | 49.8M |
| Intel | INTC | 14.59 | 14.60 | 14.02 | 14.15 | 45.6M |
| Wells Fargo & Co. | WFC | 25.95 | 25.98 | 24.99 | 25.14 | 43.2M |
| JPMorgan Chase | JPM | 27.55 | 27.55 | 25.81 | 25.97 | 42.6M |
| Pfizer | PFE | 17.72 | 17.82 | 17.35 | 17.44 | 36.1M |
| ExxonMobil | XOM | 78.88 | 79.25 | 77.38 | 77.57 | 32.9M |
| Oracle Corp. | ORCL | 17.71 | 17.71 | 17.25 | 17.36 | 32M |
| AT&T Inc. | T | 27.16 | 27.44 | 26.59 | 26.68 | 30.9M |
| Wal-Mart Stores | WMT | 51.58 | 52.41 | 51.25 | 51.58 | 28.7M |
| Altria | MO | 15.23 | 15.60 | 15.13 | 15.48 | 22.1M |
| Comcast | CMCSA | 17.02 | 17.04 | 16.27 | 16.33 | 19.8M |
| Apple | AAPL | 93.21 | 93.38 | 90.14 | 90.58 | 19.5M |
| Verizon Communications | VZ | 32.50 | 32.64 | 32.01 | 32.16 | 18.6M |
| HP Inc. | HPQ | 37.81 | 38.22 | 36.94 | 37.49 | 17M |
| Home Depot | HD | 24.48 | 24.48 | 23.54 | 23.86 | 16.9M |
| Bristol-Myers Squibb | BMY | 22.67 | 22.89 | 22.28 | 22.35 | 16.7M |
| Johnson & Johnson | JNJ | 59.14 | 59.55 | 58.55 | 59.05 | 14.7M |
| Chevron | CVX | 73.88 | 74.00 | 72.20 | 72.82 | 14.2M |
| Abbott Laboratories | ABT | 51.18 | 52.12 | 50.91 | 51.17 | 14M |
| ConocoPhillips | COP | 54.00 | 54.19 | 51.80 | 51.99 | 13.8M |
| Walt Disney & Co. | DIS | 23.12 | 23.12 | 22.23 | 22.31 | 11.5M |
| Schlumberger | SLB | 45.66 | 45.66 | 42.64 | 43.00 | 11.2M |
| Procter & Gamble | PG | 60.64 | 60.80 | 59.75 | 59.86 | 10.8M |
| Merck | MRK | 28.90 | 29.61 | 28.45 | 28.73 | 10.6M |
| Coca-Cola | KO | 45.23 | 45.26 | 44.25 | 44.60 | 9.9M |
| Alphabet | GOOGL | 327.50 | 327.50 | 313.40 | 315.07 | 8.67M |
| International Business Machines | IBM | 87.05 | 87.50 | 84.25 | 84.70 | 7.44M |
| McDonald's | MCD | 60.71 | 60.95 | 59.85 | 60.07 | 7.15M |
| Pepsico | PEP | 53.47 | 53.80 | 52.40 | 52.57 | 6.91M |
| Gilead Sciences | GILD | 49.09 | 49.10 | 47.36 | 47.77 | 6.87M |
| Amazon | AMZN | 56.92 | 57.00 | 54.70 | 55.51 | 6.68M |
| Amgen | AMGN | 59.10 | 59.79 | 57.62 | 57.78 | 6.15M |
| UnitedHealth Group | UNH | 26.75 | 27.00 | 25.80 | 26.45 | 5.93M |
| Boeing | BA | 44.80 | 45.15 | 43.93 | 44.45 | 5.65M |
| United Technologies | UTX | 53.85 | 54.00 | 52.55 | 52.70 | 4.42M |
| Union Pacific | UNP | 49.45 | 49.95 | 47.43 | 48.12 | 4.37M |
| Visa | V | 56.02 | 56.31 | 54.78 | 55.62 | 4.18M |
| 3M | MMM | 58.80 | 59.01 | 57.57 | 57.74 | 3.66M |
| Berkshire Hathaway | BRK.B | 3275.00 | 3275.00 | 3118.00 | 3141.00 | 22.5K |
Exchange Rates of January 9th, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 90.360 JPY | 1 JPY = 0.011 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.185 CAD | 1 CAD = 0.844 USD |
| US Dollar | Swiss Franc | 1 USD = 1.113 CHF | 1 CHF = 0.899 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.836 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 121.580 JPY | 1 JPY = 0.008 EUR |
| Euro | Pound Sterling | 1 EUR = 0.888 GBP | 1 GBP = 1.127 EUR |
| Euro | Australian Dollar | 1 EUR = 1.913 AUD | 1 AUD = 0.523 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.596 CAD | 1 CAD = 0.627 EUR |
| Euro | Swiss Franc | 1 EUR = 1.498 CHF | 1 CHF = 0.667 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.199 CNY | 1 CNY = 0.109 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.730 GBP | 1 GBP = 1.370 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.570 AUD | 1 AUD = 0.637 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.313 CAD | 1 CAD = 0.762 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.232 CHF | 1 CHF = 0.812 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.154 AUD | 1 AUD = 0.464 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.797 CAD | 1 CAD = 0.556 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.687 CHF | 1 CHF = 0.593 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 10.358 CNY | 1 CNY = 0.097 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.834 CAD | 1 CAD = 1.199 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.782 CHF | 1 CHF = 1.279 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.816 CNY | 1 CNY = 0.208 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.939 CHF | 1 CHF = 1.065 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.748 CNY | 1 CNY = 0.174 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.141 CNY | 1 CNY = 0.163 CHF |
See what else happened on January 9th, 2009