Financial news on January 09, 2013

Business and Financial news
A Financial Service for People Fed Up With Banks

Online banking start-up company Simple offers free checking accounts and digital tools to people frustrated with typical banks; promises to not charge any fees for its services, but getting customers to trust a start-up like Simple with their money may prove difficult. Read more..

By JENNA WORTHAM - The New York Times

Alcoa Earnings Meet Expectations Despite Soft Demand

Alcoa reported fourth-quarter earnings of $242 million and forecast increased demand in 2013. Its results were seen as an indicator of overall economic health. Read more..

By THE ASSOCIATED PRESS - The New York Times

Analysts Skeptical as Majority Owner Takes Role as Chief Executive of Sears

Edward S Lampert is to become chief executive of Sears; Lampert is struggling retailer's majority owner and chairman, and is optimistic about its future, even if shareholders and analysts are skeptical. Read more..

By STEPHANIE CLIFFORD - The New York Times

Bank Hacking Was the Work of Iranians, Officials Say

The skill required to execute the attacks convinced American officials that Iran was behind them, likely in retaliation for economic sanctions and online attacks by the United States. Read more..

By NICOLE PERLROTH and QUENTIN HARDY - The New York Times

Fred L. Turner, Innovative Chief of McDonald’s, Dies at 80

Fred L Turner, innovative chief executive of McDonald's, dies at age 80. Read more..

By KATIE THOMAS - The New York Times

Hackers Target American Banks

The Times's Quentin Hardy discusses a recent computer hacking attack, which American officials have linked to Iran, that targeted banks in the United States. Read more..

Ben Werschkul, Channon Hodge, Channon Hodge, Channon Hodge, Pedro Rafael Rosado, Axel Gerdau and Krishnan Vasudevan - The New York Times

Marlon Wayans Talks ‘A Haunted House’

TimesCast Media+Tech: Trend spotting at the Consumer Electronics Show. | David Pogue reviews calendar apps. | Marlon Wayans, the actor and screenwriter, returns to spoofing horror films. Read more..

Fritzie Andrade, Zena Barakat, Krishnan Vasudevan, Pedro Rafael Rosado, David Pogue and Kriston Lewis - The New York Times

Strong Sales Bolster Monsanto

Sales of the company’s biotech corn seeds in Latin America and South America propelled profits. Read more..

By THE ASSOCIATED PRESS - The New York Times

Unemployment Rises to New High in Euro Zone

The jobless rate in the 17-nation bloc rose to 11.8 percent in November, a month in which German exports, imports and industrial orders all declined. Read more..

By MELISSA EDDY and DAVID JOLLY - International Herald Tribune

U.S. Argument Is Assailed by Justices in Fraud Case

Supreme Court justices from across ideological spectrum seem to reject arguments by government that discount statutes of limitations on certain kinds of civil lawsuits, specifically those cases involving fraud. Read more..

By ADAM LIPTAK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 29.67 30.60 29.49 30.59 105M
Microsoft MSFT 26.72 26.75 26.56 26.70 49M
HP Inc. HPQ 15.63 15.92 15.55 15.85 34.4M
Intel INTC 21.22 21.47 21.20 21.45 34.3M
Pfizer PFE 26.22 26.56 26.19 26.47 34.2M
Cisco Systems CSCO 20.26 20.54 20.25 20.30 30.4M
General Electric GE 21.04 21.07 20.93 20.95 28.5M
JPMorgan Chase JPM 45.56 46.20 45.14 45.47 25.9M
Wells Fargo & Co. WFC 34.85 35.15 34.66 34.71 24.6M
AT&T Inc. T 34.44 34.58 34.24 34.24 19.6M
Oracle Corp. ORCL 34.50 34.80 34.38 34.46 18.9M
Apple AAPL 522.50 525.01 515.99 517.10 14.6M
Verizon Communications VZ 42.84 43.19 42.76 43.00 13.3M
General Motors GM 29.58 30.28 29.56 29.97 13.3M
Bristol-Myers Squibb BMY 33.50 33.69 33.39 33.68 11.7M
Abbott Laboratories ABT 33.66 33.71 33.09 33.57 11.3M
Boeing BA 74.92 76.81 74.91 76.76 10.9M
ExxonMobil XOM 88.40 88.54 87.76 88.14 10.9M
Altria MO 32.24 32.26 31.85 31.90 10.7M
Coca-Cola KO 37.20 37.20 36.83 37.03 10.6M
Merck MRK 42.39 42.65 42.20 42.59 10.1M
Comcast CMCSA 38.25 38.55 38.12 38.42 9.81M
Walt Disney & Co. DIS 50.93 51.50 50.76 50.78 8.39M
Johnson & Johnson JNJ 71.64 71.85 71.50 71.73 7.67M
Pepsico PEP 69.95 70.04 69.57 70.01 6.28M
Procter & Gamble PG 68.77 69.11 68.61 68.88 5.76M
UnitedHealth Group UNH 51.59 52.50 51.50 52.37 5.15M
Wal-Mart Stores WMT 68.66 68.71 68.22 68.57 5.06M
McDonald's MCD 90.80 91.24 90.36 90.81 4.82M
Home Depot HD 63.51 63.63 63.01 63.17 4.71M
Schlumberger SLB 72.76 72.97 72.01 72.20 4.63M
Chevron CVX 109.72 110.08 109.20 109.54 4.56M
Visa V 161.40 162.55 159.71 161.79 4.39M
ConocoPhillips COP 58.59 58.67 58.17 58.25 4.16M
Gilead Sciences GILD 77.46 77.88 76.92 77.87 4.13M
Alphabet GOOGL 732.27 738.35 728.60 738.12 4.05M
United Technologies UTX 83.94 85.31 83.83 84.55 3.77M
Berkshire Hathaway BRK.B 94.08 94.08 93.02 93.32 3.5M
Amgen AMGN 88.34 88.92 88.21 88.67 3.37M
International Business Machines IBM 193.48 193.49 191.65 192.32 3.21M
3M MMM 95.87 96.74 95.71 96.41 2.36M
Amazon AMZN 268.17 269.50 265.40 266.35 2.27M
Union Pacific UNP 130.59 131.78 130.28 130.89 1.09M
Exchange Rates of January 09, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 87.870 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 0.988 CAD 1 CAD = 1.013 USD
US Dollar Swiss Franc 1 USD = 0.925 CHF 1 CHF = 1.081 USD
US Dollar Chinese Yuan 1 USD = 6.226 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 114.782 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.815 GBP 1 GBP = 1.227 EUR
Euro Australian Dollar 1 EUR = 1.242 AUD 1 AUD = 0.805 EUR
Euro Canadian Dollar 1 EUR = 1.290 CAD 1 CAD = 0.775 EUR
Euro Swiss Franc 1 EUR = 1.209 CHF 1 CHF = 0.827 EUR
Euro Chinese Yuan 1 EUR = 8.143 CNY 1 CNY = 0.123 EUR
Japanese Yen Pound Sterling 1 JPY = 0.710 GBP 1 GBP = 1.409 JPY
Japanese Yen Australian Dollar 1 JPY = 1.082 AUD 1 AUD = 0.925 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.123 CAD 1 CAD = 0.890 JPY
Japanese Yen Swiss Franc 1 JPY = 1.053 CHF 1 CHF = 0.950 JPY
Pound Sterling Australian Dollar 1 GBP = 1.524 AUD 1 AUD = 0.656 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.582 CAD 1 CAD = 0.632 GBP
Pound Sterling Swiss Franc 1 GBP = 1.482 CHF 1 CHF = 0.675 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.986 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.038 CAD 1 CAD = 0.963 AUD
Australian Dollar Swiss Franc 1 AUD = 0.973 CHF 1 CHF = 1.028 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.548 CNY 1 CNY = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.937 CHF 1 CHF = 1.068 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.313 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.736 CNY 1 CNY = 0.148 CHF

See what else happened on January 09, 2013