Financial news on December 10th, 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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE17.2217.8817.2017.72126M
Cisco SystemsCSCO19.7519.7619.5119.7064.8M
IntelINTC21.9121.9821.8021.9152.4M
PfizerPFE16.7617.0616.6517.0242.9M
Wells Fargo & Co.WFC30.3230.5630.1630.2740.1M
MicrosoftMSFT27.1927.4027.1127.3437.6M
Oracle Corp.ORCL29.4429.9829.4229.9528.6M
JPMorgan ChaseJPM40.8941.5040.7741.4328.4M
AT&T Inc.T28.9128.9728.7528.8926.3M
ComcastCMCSA20.9621.3120.9321.3124.9M
Verizon CommunicationsVZ33.6734.0533.5234.0419.3M
Abbott LaboratoriesABT47.2347.6747.1147.6218.3M
ExxonMobilXOM72.1872.1871.6272.1817.7M
HP Inc.HPQ42.4442.6642.1942.6216.8M
Wal-Mart StoresWMT54.3154.4054.1454.2812M
MerckMRK35.6735.6735.6735.6712M
General MotorsGM33.8533.9933.5333.8111.7M
AltriaMO24.6824.9024.6724.8511.6M
Procter & GamblePG63.3063.7963.0663.2011.5M
Home DepotHD34.4234.5334.1534.4011.5M
Johnson & JohnsonJNJ62.1962.3361.6961.9111.5M
AppleAAPL319.65321.05318.60320.569.38M
Coca-ColaKO64.8764.9064.2864.658.95M
ConocoPhillipsCOP64.7864.9364.3764.588.46M
Gilead SciencesGILD37.0537.6936.9337.618.36M
UnitedHealth GroupUNH36.7936.8536.4336.677.98M
Bristol-Myers SquibbBMY25.9526.1025.9126.047.85M
ChevronCVX86.9687.0886.2487.037.41M
Walt Disney & Co.DIS36.8636.9536.6036.666.75M
AmgenAMGN53.3254.0053.2953.896.57M
VisaV79.0380.2479.0380.205.93M
SchlumbergerSLB81.0281.8480.9281.545.86M
BoeingBA64.6364.7763.9664.165.5M
PepsicoPEP64.8465.0064.5964.905.43M
McDonald'sMCD77.6577.8477.3277.565.32M
3MMMM84.3584.4283.7584.324.45M
United TechnologiesUTX78.4978.8378.0778.403.82M
Berkshire HathawayBRK.B80.4780.7279.8480.683.63M
AmazonAMZN174.88175.95173.36175.623.57M
International Business MachinesIBM144.88144.95143.73144.823.5M
AlphabetGOOGL593.14593.99590.29592.213.41M
Union PacificUNP93.3793.4491.5292.642.64M
Exchange Rates of December 10th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 83.900 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.010 CAD1 CAD = 0.991 USD
US DollarSwiss Franc1 USD = 0.981 CHF1 CHF = 1.020 USD
US DollarChinese Yuan1 USD = 6.656 CNY1 CNY = 0.150 USD
EuroJapanese Yen1 EUR = 110.990 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.837 GBP1 GBP = 1.195 EUR
EuroAustralian Dollar1 EUR = 1.342 AUD1 AUD = 0.745 EUR
EuroCanadian Dollar1 EUR = 1.335 CAD1 CAD = 0.749 EUR
EuroSwiss Franc1 EUR = 1.297 CHF1 CHF = 0.771 EUR
EuroChinese Yuan1 EUR = 8.803 CNY1 CNY = 0.114 EUR
Japanese YenPound Sterling1 JPY = 0.753 GBP1 GBP = 1.327 JPY
Japanese YenAustralian Dollar1 JPY = 1.208 AUD1 AUD = 0.828 JPY
Japanese YenCanadian Dollar1 JPY = 1.202 CAD1 CAD = 0.832 JPY
Japanese YenSwiss Franc1 JPY = 1.168 CHF1 CHF = 0.856 JPY
Pound SterlingAustralian Dollar1 GBP = 1.604 AUD1 AUD = 0.624 GBP
Pound SterlingCanadian Dollar1 GBP = 1.596 CAD1 CAD = 0.627 GBP
Pound SterlingSwiss Franc1 GBP = 1.550 CHF1 CHF = 0.645 GBP
Pound SterlingChinese Yuan1 GBP = 10.519 CNY1 CNY = 0.095 GBP
Australian DollarCanadian Dollar1 AUD = 0.995 CAD1 CAD = 1.005 AUD
Australian DollarSwiss Franc1 AUD = 0.966 CHF1 CHF = 1.035 AUD
Australian DollarChinese Yuan1 AUD = 6.558 CNY1 CNY = 0.152 AUD
Canadian DollarSwiss Franc1 CAD = 0.971 CHF1 CHF = 1.029 CAD
Canadian DollarChinese Yuan1 CAD = 6.592 CNY1 CNY = 0.152 CAD
Swiss FrancChinese Yuan1 CHF = 6.786 CNY1 CNY = 0.147 CHF

See what else happened on December 10th, 2010