Financial news on December 10, 2010

Business and Financial news
Accounting for Public Pensions

Pensions for government workers could soon come under the kind of scrutiny that led to the demise of private pensions. Read more..

By FLOYD NORRIS - The New York Times

Day Trading Still Alive, Outsourced to China

Trading firms based in the United States and Canada are recruiting inexpensive workers in China and teaching them to engage in speculative trading. Read more..

By DEALBOOK - The New York Times

Geithner to Undergo Surgery

The Treasury secretary checked into a hospital on Friday to have a kidney stone removed. Read more..

By BEN PROTESS - The New York Times

In Europe, Bank Losses Stabilize, Report Says

The central bank said that a sovereign debt crisis or an economic slowdown remained an issue, but that the situation had improved in the last few months. Read more..

By JACK EWING - The New York Times

Morning Take-Out

U.K. regulator’s pricey parties | The Facebook Empire | Schwarzman’s fave book on video Read more..

By CHRIS V. NICHOLSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 17.22 17.88 17.20 17.72 126M
Cisco Systems CSCO 19.75 19.76 19.51 19.70 64.8M
Intel INTC 21.91 21.98 21.80 21.91 52.4M
Pfizer PFE 16.76 17.06 16.65 17.02 42.9M
Wells Fargo & Co. WFC 30.32 30.56 30.16 30.27 40.1M
Microsoft MSFT 27.19 27.40 27.11 27.34 37.6M
Oracle Corp. ORCL 29.44 29.98 29.42 29.95 28.6M
JPMorgan Chase JPM 40.89 41.50 40.77 41.43 28.4M
AT&T Inc. T 28.91 28.97 28.75 28.89 26.3M
Comcast CMCSA 20.96 21.31 20.93 21.31 24.9M
Verizon Communications VZ 33.67 34.05 33.52 34.04 19.3M
Abbott Laboratories ABT 47.23 47.67 47.11 47.62 18.3M
ExxonMobil XOM 72.18 72.18 71.62 72.18 17.7M
HP Inc. HPQ 42.44 42.66 42.19 42.62 16.8M
Wal-Mart Stores WMT 54.31 54.40 54.14 54.28 12M
Merck MRK 35.67 35.67 35.67 35.67 12M
General Motors GM 33.85 33.99 33.53 33.81 11.7M
Altria MO 24.68 24.90 24.67 24.85 11.6M
Procter & Gamble PG 63.30 63.79 63.06 63.20 11.5M
Home Depot HD 34.42 34.53 34.15 34.40 11.5M
Johnson & Johnson JNJ 62.19 62.33 61.69 61.91 11.5M
Apple AAPL 319.65 321.05 318.60 320.56 9.38M
Coca-Cola KO 64.87 64.90 64.28 64.65 8.95M
ConocoPhillips COP 64.78 64.93 64.37 64.58 8.46M
Gilead Sciences GILD 37.05 37.69 36.93 37.61 8.36M
UnitedHealth Group UNH 36.79 36.85 36.43 36.67 7.98M
Bristol-Myers Squibb BMY 25.95 26.10 25.91 26.04 7.85M
Chevron CVX 86.96 87.08 86.24 87.03 7.41M
Walt Disney & Co. DIS 36.86 36.95 36.60 36.66 6.75M
Amgen AMGN 53.32 54.00 53.29 53.89 6.57M
Visa V 79.03 80.24 79.03 80.20 5.93M
Schlumberger SLB 81.02 81.84 80.92 81.54 5.86M
Boeing BA 64.63 64.77 63.96 64.16 5.5M
Pepsico PEP 64.84 65.00 64.59 64.90 5.43M
McDonald's MCD 77.65 77.84 77.32 77.56 5.32M
3M MMM 84.35 84.42 83.75 84.32 4.45M
United Technologies UTX 78.49 78.83 78.07 78.40 3.82M
Berkshire Hathaway BRK.B 80.47 80.72 79.84 80.68 3.63M
Amazon AMZN 174.88 175.95 173.36 175.62 3.57M
International Business Machines IBM 144.88 144.95 143.73 144.82 3.5M
Alphabet GOOGL 593.14 593.99 590.29 592.21 3.41M
Union Pacific UNP 93.37 93.44 91.52 92.64 2.64M
Exchange Rates of December 10, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 83.900 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.010 CAD 1 CAD = 0.991 USD
US Dollar Swiss Franc 1 USD = 0.981 CHF 1 CHF = 1.020 USD
US Dollar Chinese Yuan 1 USD = 6.656 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 110.990 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.837 GBP 1 GBP = 1.195 EUR
Euro Australian Dollar 1 EUR = 1.342 AUD 1 AUD = 0.745 EUR
Euro Canadian Dollar 1 EUR = 1.335 CAD 1 CAD = 0.749 EUR
Euro Swiss Franc 1 EUR = 1.297 CHF 1 CHF = 0.771 EUR
Euro Chinese Yuan 1 EUR = 8.803 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.753 GBP 1 GBP = 1.327 JPY
Japanese Yen Australian Dollar 1 JPY = 1.208 AUD 1 AUD = 0.828 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.202 CAD 1 CAD = 0.832 JPY
Japanese Yen Swiss Franc 1 JPY = 1.168 CHF 1 CHF = 0.856 JPY
Pound Sterling Australian Dollar 1 GBP = 1.604 AUD 1 AUD = 0.624 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.596 CAD 1 CAD = 0.627 GBP
Pound Sterling Swiss Franc 1 GBP = 1.550 CHF 1 CHF = 0.645 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.519 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.995 CAD 1 CAD = 1.005 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.558 CNY 1 CNY = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.971 CHF 1 CHF = 1.029 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.592 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.786 CNY 1 CNY = 0.147 CHF

See what else happened on December 10, 2010