Financial news on January 10, 2013

Business and Financial news
Boeing Says 787 Is Safe Despite Recent Problems

Boeing defends safety of its 787 Dreamliner airplane after three incidents in three days, saying it has 'extreme confidence' in the innovative design and technology used in plane. Read more..

By JAD MOUAWAD - The New York Times

Chinese Firm Buys U.S. Solar Start-Up

Hanergy Holding Group of China added to its international acquisitions with purchase of MiaSole, thin-film solar panel manufacturer that is considered one of Silicon Valley’s most promising young firms. Read more..

By DIANE CARDWELL and KEITH BRADSHER - The New York Times

Downturn Still Squeezes Colleges and Universities

A Moody’s survey found that nearly half of colleges and universities expect enrollment declines for full-time students, with problems more acute at smaller schools. Read more..

By ANDREW MARTIN - The New York Times

Europe to Consider Creating Data Protection Regulator

If approved, the proposal would replace an advisory panel with an agency with the power to levy fines on companies who violate rules on the use of information gathered online. Read more..

By KEVIN J. O'BRIEN - International Herald Tribune

G.M. Chief Expects To Regain Market Share

General Motors chief executive Daniel Akerson says number of new products should help company gain traction in 2013 after it posted its lowest United States market share in decades. Read more..

By BILL VLASIC - The New York Times

Hong Kong Moves to Limit Information on Executives

Proposals to block the public from seeing details of corporate directors, including their ID numbers and addresses, come after exposés in China. Read more..

By NEIL GOUGH - International Herald Tribune

Lipton Goes Back to Basics With a Tea Bag

Advertising column; Unilever's Lipton is spending an estimated $10 million on its new campaign to lure 20- and 30-year-olds to its black tea. Read more..

By STUART ELLIOTT - The New York Times

Shares Rise as Companies Begin to Report Earnings

Stocks rise after corporate earnings get off to good start. Read more..

By THE ASSOCIATED PRESS - The New York Times

Solis Stepping Down as Labor Secretary

The departure of Secretary of Labor Hilda L. Solis removes another woman from the cabinet as President Obama’s personnel choices are drawing scrutiny for lack of female candidates. Read more..

By MARK LANDLER and STEVEN GREENHOUSE - The New York Times

U.S. Consumer Watchdog to Issue Mortgage Rules

In an attempt to prevent future housing crises, the Consumer Financial Protection Bureau is issuing new laws for lenders. Read more..

By EDWARD WYATT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
FacebookFB30.6031.4530.2831.3095.3M
MicrosoftMSFT26.6526.9826.2926.4671.4M
IntelINTC21.6121.8221.5321.8044.6M
Wells Fargo & Co.WFC35.0335.4034.8935.4037.5M
HP Inc.HPQ16.0116.3415.7016.2836.3M
PfizerPFE26.5226.7726.3926.7634.1M
General ElectricGE21.0421.2320.9621.1733.3M
Cisco SystemsCSCO20.3520.4920.2920.4431.4M
AT&T Inc.T34.4534.6234.3334.3723.7M
JPMorgan ChaseJPM45.8946.1645.5346.1523.4M
AppleAAPL528.55528.72515.52523.5121.5M
Oracle Corp.ORCL34.5634.9234.4134.9117.8M
Coca-ColaKO37.1237.1736.7636.9615.6M
AltriaMO32.5932.8032.3332.7014.5M
ExxonMobilXOM88.7589.4888.3789.1013.1M
MerckMRK42.8743.1542.7542.7813M
Procter & GamblePG68.9869.2968.6969.2712.9M
General MotorsGM30.2830.4529.7830.4412.1M
Johnson & JohnsonJNJ71.8172.3871.7472.1911.9M
Wal-Mart StoresWMT68.6669.0367.7268.3611.5M
Verizon CommunicationsVZ43.2243.5942.9743.5911.2M
ComcastCMCSA38.6538.7638.2538.5010.5M
Abbott LaboratoriesABT33.7033.9433.6633.859.67M
Walt Disney & Co.DIS50.8751.2450.5950.798.1M
Bristol-Myers SquibbBMY33.7534.1133.6934.097.94M
PepsicoPEP70.1970.9270.1670.816.92M
Home DepotHD63.3863.6262.7863.626.71M
UnitedHealth GroupUNH52.5253.1952.3353.116.51M
AmgenAMGN88.3289.0087.2787.815.86M
SchlumbergerSLB72.7073.2572.5473.255.59M
ConocoPhillipsCOP58.5358.6358.1258.505.43M
ChevronCVX110.19110.76110.09110.475.28M
BoeingBA76.9377.1276.1677.095.03M
Berkshire HathawayBRK.B93.7894.6993.4194.654.68M
McDonald'sMCD91.3591.6491.0391.404.39M
Gilead SciencesGILD78.0978.5976.9677.944.14M
VisaV162.03162.77159.27160.514.08M
AlphabetGOOGL742.83745.00733.50741.483.67M
International Business MachinesIBM192.65192.96191.28192.883.61M
United TechnologiesUTX85.0085.0284.3684.973.54M
AmazonAMZN268.54268.74262.30265.342.86M
3MMMM96.7196.9996.3396.892.6M
Union PacificUNP131.10131.75129.93131.091.63M
Exchange Rates of January 10, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88.740 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 0.983 CAD1 CAD = 1.017 USD
US DollarSwiss Franc1 USD = 0.914 CHF1 CHF = 1.094 USD
US DollarChinese Yuan1 USD = 6.224 CNY1 CNY = 0.161 USD
EuroJapanese Yen1 EUR = 117.740 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.821 GBP1 GBP = 1.219 EUR
EuroAustralian Dollar1 EUR = 1.251 AUD1 AUD = 0.799 EUR
EuroCanadian Dollar1 EUR = 1.304 CAD1 CAD = 0.767 EUR
EuroSwiss Franc1 EUR = 1.213 CHF1 CHF = 0.824 EUR
EuroChinese Yuan1 EUR = 8.255 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.697 GBP1 GBP = 1.435 JPY
Japanese YenAustralian Dollar1 JPY = 1.062 AUD1 AUD = 0.941 JPY
Japanese YenCanadian Dollar1 JPY = 1.107 CAD1 CAD = 0.903 JPY
Japanese YenSwiss Franc1 JPY = 1.030 CHF1 CHF = 0.971 JPY
Pound SterlingAustralian Dollar1 GBP = 1.525 AUD1 AUD = 0.656 GBP
Pound SterlingCanadian Dollar1 GBP = 1.589 CAD1 CAD = 0.629 GBP
Pound SterlingSwiss Franc1 GBP = 1.478 CHF1 CHF = 0.677 GBP
Pound SterlingChinese Yuan1 GBP = 10.062 CNY1 CNY = 0.099 GBP
Australian DollarCanadian Dollar1 AUD = 1.042 CAD1 CAD = 0.960 AUD
Australian DollarSwiss Franc1 AUD = 0.969 CHF1 CHF = 1.032 AUD
Australian DollarChinese Yuan1 AUD = 6.597 CNY1 CNY = 0.152 AUD
Canadian DollarSwiss Franc1 CAD = 0.930 CHF1 CHF = 1.076 CAD
Canadian DollarChinese Yuan1 CAD = 6.328 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.804 CNY1 CNY = 0.147 CHF

See what else happened on January 10, 2013