Financial news on January 09, 2009

Business and Financial news
Brad Grey, Paramount Chief, Renews Contract

Mr. Grey, a former talent manager and producer, has renewed his contract to run Paramount for five more years. Read more..

By MICHAEL CIEPLY - The New York Times

Easy Loans Financed Dividends

From 2004 to 2006, many dividends were as freewheeling as the mortgages given to homeowners with bad credit. Read more..

By FLOYD NORRIS - The New York Times

For BlackBerry, Obama’s Devotion Is Priceless

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..

By STEPHANIE CLIFFORD - The New York Times

Investors Bide Time on Eve of Jobs Data

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..

By JACK HEALY - The New York Times

Jobless Rate Hits 7.2%, a 16-Year High

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..

By LOUIS UCHITELLE - The New York Times

Oversight for Auditor of Madoff

In the wake of the Madoff scandal, the Securities and Exchange Commission ended an exemption on auditors for privately held brokerage firms. Read more..

By FLOYD NORRIS - The New York Times

Palm Unveils iPhone Competitor, the Pre

Palm says the device breaks new ground in the fiercely competitive smartphone market. Read more..

By MATT RICHTEL - The New York Times

Prosecutors Point to Signed Checks in Opposing Bail for Madoff

Arguing that Bernard L. Madoff’s bail should be revoked, prosecutors cited more evidence that he was hiding assets. Read more..

By ALEX BERENSON - The New York Times

What’s the Kindle Worth to Amazon?

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..

By JEFF SEGAL, ROB COX and ROBERT CYRAN - The New York Times

When Cash Is Scarce, There’s Comfort in Miles

It’s time to appreciate and evaluate your frequent flier and other rewards programs. Read more..

By RON LIEBER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.2417.2616.6116.7068.1M
General ElectricGE16.2116.3915.8316.0053.2M
MicrosoftMSFT20.1720.3019.4119.5249.8M
IntelINTC14.5914.6014.0214.1545.6M
Wells Fargo & Co.WFC25.9525.9824.9925.1443.2M
JPMorgan ChaseJPM27.5527.5525.8125.9742.6M
PfizerPFE17.7217.8217.3517.4436.1M
ExxonMobilXOM78.8879.2577.3877.5732.9M
Oracle Corp.ORCL17.7117.7117.2517.3632M
AT&T Inc.T27.1627.4426.5926.6830.9M
Wal-Mart StoresWMT51.5852.4151.2551.5828.7M
AltriaMO15.2315.6015.1315.4822.1M
ComcastCMCSA17.0217.0416.2716.3319.8M
AppleAAPL93.2193.3890.1490.5819.5M
Verizon CommunicationsVZ32.5032.6432.0132.1618.6M
HP Inc.HPQ37.8138.2236.9437.4917M
Home DepotHD24.4824.4823.5423.8616.9M
Bristol-Myers SquibbBMY22.6722.8922.2822.3516.7M
Johnson & JohnsonJNJ59.1459.5558.5559.0514.7M
ChevronCVX73.8874.0072.2072.8214.2M
Abbott LaboratoriesABT51.1852.1250.9151.1714M
ConocoPhillipsCOP54.0054.1951.8051.9913.8M
Walt Disney & Co.DIS23.1223.1222.2322.3111.5M
SchlumbergerSLB45.6645.6642.6443.0011.2M
Procter & GamblePG60.6460.8059.7559.8610.8M
MerckMRK28.9029.6128.4528.7310.6M
Coca-ColaKO45.2345.2644.2544.609.9M
AlphabetGOOGL327.50327.50313.40315.078.67M
International Business MachinesIBM87.0587.5084.2584.707.44M
McDonald'sMCD60.7160.9559.8560.077.15M
PepsicoPEP53.4753.8052.4052.576.91M
Gilead SciencesGILD49.0949.1047.3647.776.87M
AmazonAMZN56.9257.0054.7055.516.68M
AmgenAMGN59.1059.7957.6257.786.15M
UnitedHealth GroupUNH26.7527.0025.8026.455.93M
BoeingBA44.8045.1543.9344.455.65M
United TechnologiesUTX53.8554.0052.5552.704.42M
Union PacificUNP49.4549.9547.4348.124.37M
VisaV56.0256.3154.7855.624.18M
3MMMM58.8059.0157.5757.743.66M
Berkshire HathawayBRK.B3275.003275.003118.003141.0022.5K
Exchange Rates of January 09, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.360 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.185 CAD1 CAD = 0.844 USD
US DollarSwiss Franc1 USD = 1.113 CHF1 CHF = 0.899 USD
US DollarChinese Yuan1 USD = 6.836 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 121.580 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.888 GBP1 GBP = 1.127 EUR
EuroAustralian Dollar1 EUR = 1.913 AUD1 AUD = 0.523 EUR
EuroCanadian Dollar1 EUR = 1.596 CAD1 CAD = 0.627 EUR
EuroSwiss Franc1 EUR = 1.498 CHF1 CHF = 0.667 EUR
EuroChinese Yuan1 EUR = 9.199 CNY1 CNY = 0.109 EUR
Japanese YenPound Sterling1 JPY = 0.730 GBP1 GBP = 1.370 JPY
Japanese YenAustralian Dollar1 JPY = 1.570 AUD1 AUD = 0.637 JPY
Japanese YenCanadian Dollar1 JPY = 1.313 CAD1 CAD = 0.762 JPY
Japanese YenSwiss Franc1 JPY = 1.232 CHF1 CHF = 0.812 JPY
Pound SterlingAustralian Dollar1 GBP = 2.154 AUD1 AUD = 0.464 GBP
Pound SterlingCanadian Dollar1 GBP = 1.797 CAD1 CAD = 0.556 GBP
Pound SterlingSwiss Franc1 GBP = 1.687 CHF1 CHF = 0.593 GBP
Pound SterlingChinese Yuan1 GBP = 10.358 CNY1 CNY = 0.097 GBP
Australian DollarCanadian Dollar1 AUD = 0.834 CAD1 CAD = 1.199 AUD
Australian DollarSwiss Franc1 AUD = 0.782 CHF1 CHF = 1.279 AUD
Australian DollarChinese Yuan1 AUD = 4.816 CNY1 CNY = 0.208 AUD
Canadian DollarSwiss Franc1 CAD = 0.939 CHF1 CHF = 1.065 CAD
Canadian DollarChinese Yuan1 CAD = 5.748 CNY1 CNY = 0.174 CAD
Swiss FrancChinese Yuan1 CHF = 6.141 CNY1 CNY = 0.163 CHF

See what else happened on January 09, 2009