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

StockTicker symbolOpenHighLowCloseVolume
FacebookFB29,6730,6029,4930,59105M
MicrosoftMSFT26,7226,7526,5626,7049M
HP Inc.HPQ15,6315,9215,5515,8534.4M
IntelINTC21,2221,4721,2021,4534.3M
PfizerPFE26,2226,5626,1926,4734.2M
Cisco SystemsCSCO20,2620,5420,2520,3030.4M
General ElectricGE21,0421,0720,9320,9528.5M
JPMorgan ChaseJPM45,5646,2045,1445,4725.9M
Wells Fargo & Co.WFC34,8535,1534,6634,7124.6M
AT&T Inc.T34,4434,5834,2434,2419.6M
Oracle Corp.ORCL34,5034,8034,3834,4618.9M
AppleAAPL522,50525,01515,99517,1014.6M
Verizon CommunicationsVZ42,8443,1942,7643,0013.3M
General MotorsGM29,5830,2829,5629,9713.3M
Bristol-Myers SquibbBMY33,5033,6933,3933,6811.7M
Abbott LaboratoriesABT33,6633,7133,0933,5711.3M
BoeingBA74,9276,8174,9176,7610.9M
ExxonMobilXOM88,4088,5487,7688,1410.9M
AltriaMO32,2432,2631,8531,9010.7M
Coca-ColaKO37,2037,2036,8337,0310.6M
MerckMRK42,3942,6542,2042,5910.1M
ComcastCMCSA38,2538,5538,1238,429.81M
Walt Disney & Co.DIS50,9351,5050,7650,788.39M
Johnson & JohnsonJNJ71,6471,8571,5071,737.67M
PepsicoPEP69,9570,0469,5770,016.28M
Procter & GamblePG68,7769,1168,6168,885.76M
UnitedHealth GroupUNH51,5952,5051,5052,375.15M
Wal-Mart StoresWMT68,6668,7168,2268,575.06M
McDonald'sMCD90,8091,2490,3690,814.82M
Home DepotHD63,5163,6363,0163,174.71M
SchlumbergerSLB72,7672,9772,0172,204.63M
ChevronCVX109,72110,08109,20109,544.56M
VisaV161,40162,55159,71161,794.39M
ConocoPhillipsCOP58,5958,6758,1758,254.16M
Gilead SciencesGILD77,4677,8876,9277,874.13M
AlphabetGOOGL732,27738,35728,60738,124.05M
United TechnologiesUTX83,9485,3183,8384,553.77M
Berkshire HathawayBRK.B94,0894,0893,0293,323.5M
AmgenAMGN88,3488,9288,2188,673.37M
International Business MachinesIBM193,48193,49191,65192,323.21M
3MMMM95,8796,7495,7196,412.36M
AmazonAMZN268,17269,50265,40266,352.27M
Union PacificUNP130,59131,78130,28130,891.09M
Exchange Rates of January 09, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 87,870 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 0,988 CAD1 CAD = 1,013 USD
US DollarSwiss Franc1 USD = 0,925 CHF1 CHF = 1,081 USD
US DollarChinese Yuan1 USD = 6,226 CNY1 CNY = 0,161 USD
EuroJapanese Yen1 EUR = 114,782 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,815 GBP1 GBP = 1,227 EUR
EuroAustralian Dollar1 EUR = 1,242 AUD1 AUD = 0,805 EUR
EuroCanadian Dollar1 EUR = 1,290 CAD1 CAD = 0,775 EUR
EuroSwiss Franc1 EUR = 1,209 CHF1 CHF = 0,827 EUR
EuroChinese Yuan1 EUR = 8,143 CNY1 CNY = 0,123 EUR
Japanese YenPound Sterling1 JPY = 0,710 GBP1 GBP = 1,409 JPY
Japanese YenAustralian Dollar1 JPY = 1,082 AUD1 AUD = 0,925 JPY
Japanese YenCanadian Dollar1 JPY = 1,123 CAD1 CAD = 0,890 JPY
Japanese YenSwiss Franc1 JPY = 1,053 CHF1 CHF = 0,950 JPY
Pound SterlingAustralian Dollar1 GBP = 1,524 AUD1 AUD = 0,656 GBP
Pound SterlingCanadian Dollar1 GBP = 1,582 CAD1 CAD = 0,632 GBP
Pound SterlingSwiss Franc1 GBP = 1,482 CHF1 CHF = 0,675 GBP
Pound SterlingChinese Yuan1 GBP = 9,986 CNY1 CNY = 0,100 GBP
Australian DollarCanadian Dollar1 AUD = 1,038 CAD1 CAD = 0,963 AUD
Australian DollarSwiss Franc1 AUD = 0,973 CHF1 CHF = 1,028 AUD
Australian DollarChinese Yuan1 AUD = 6,548 CNY1 CNY = 0,153 AUD
Canadian DollarSwiss Franc1 CAD = 0,937 CHF1 CHF = 1,068 CAD
Canadian DollarChinese Yuan1 CAD = 6,313 CNY1 CNY = 0,158 CAD
Swiss FrancChinese Yuan1 CHF = 6,736 CNY1 CNY = 0,148 CHF

See what else happened on January 09, 2013