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

Stock Ticker symbol Open High Low Close Volume
Facebook FB 30.60 31.45 30.28 31.30 95.3M
Microsoft MSFT 26.65 26.98 26.29 26.46 71.4M
Intel INTC 21.61 21.82 21.53 21.80 44.6M
Wells Fargo & Co. WFC 35.03 35.40 34.89 35.40 37.5M
HP Inc. HPQ 16.01 16.34 15.70 16.28 36.3M
Pfizer PFE 26.52 26.77 26.39 26.76 34.1M
General Electric GE 21.04 21.23 20.96 21.17 33.3M
Cisco Systems CSCO 20.35 20.49 20.29 20.44 31.4M
AT&T Inc. T 34.45 34.62 34.33 34.37 23.7M
JPMorgan Chase JPM 45.89 46.16 45.53 46.15 23.4M
Apple AAPL 528.55 528.72 515.52 523.51 21.5M
Oracle Corp. ORCL 34.56 34.92 34.41 34.91 17.8M
Coca-Cola KO 37.12 37.17 36.76 36.96 15.6M
Altria MO 32.59 32.80 32.33 32.70 14.5M
ExxonMobil XOM 88.75 89.48 88.37 89.10 13.1M
Merck MRK 42.87 43.15 42.75 42.78 13M
Procter & Gamble PG 68.98 69.29 68.69 69.27 12.9M
General Motors GM 30.28 30.45 29.78 30.44 12.1M
Johnson & Johnson JNJ 71.81 72.38 71.74 72.19 11.9M
Wal-Mart Stores WMT 68.66 69.03 67.72 68.36 11.5M
Verizon Communications VZ 43.22 43.59 42.97 43.59 11.2M
Comcast CMCSA 38.65 38.76 38.25 38.50 10.5M
Abbott Laboratories ABT 33.70 33.94 33.66 33.85 9.67M
Walt Disney & Co. DIS 50.87 51.24 50.59 50.79 8.1M
Bristol-Myers Squibb BMY 33.75 34.11 33.69 34.09 7.94M
Pepsico PEP 70.19 70.92 70.16 70.81 6.92M
Home Depot HD 63.38 63.62 62.78 63.62 6.71M
UnitedHealth Group UNH 52.52 53.19 52.33 53.11 6.51M
Amgen AMGN 88.32 89.00 87.27 87.81 5.86M
Schlumberger SLB 72.70 73.25 72.54 73.25 5.59M
ConocoPhillips COP 58.53 58.63 58.12 58.50 5.43M
Chevron CVX 110.19 110.76 110.09 110.47 5.28M
Boeing BA 76.93 77.12 76.16 77.09 5.03M
Berkshire Hathaway BRK.B 93.78 94.69 93.41 94.65 4.68M
McDonald's MCD 91.35 91.64 91.03 91.40 4.39M
Gilead Sciences GILD 78.09 78.59 76.96 77.94 4.14M
Visa V 162.03 162.77 159.27 160.51 4.08M
Alphabet GOOGL 742.83 745.00 733.50 741.48 3.67M
International Business Machines IBM 192.65 192.96 191.28 192.88 3.61M
United Technologies UTX 85.00 85.02 84.36 84.97 3.54M
Amazon AMZN 268.54 268.74 262.30 265.34 2.86M
3M MMM 96.71 96.99 96.33 96.89 2.6M
Union Pacific UNP 131.10 131.75 129.93 131.09 1.63M
Exchange Rates of January 10, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 88.740 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 0.983 CAD 1 CAD = 1.017 USD
US Dollar Swiss Franc 1 USD = 0.914 CHF 1 CHF = 1.094 USD
US Dollar Chinese Yuan 1 USD = 6.224 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 117.740 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.821 GBP 1 GBP = 1.219 EUR
Euro Australian Dollar 1 EUR = 1.251 AUD 1 AUD = 0.799 EUR
Euro Canadian Dollar 1 EUR = 1.304 CAD 1 CAD = 0.767 EUR
Euro Swiss Franc 1 EUR = 1.213 CHF 1 CHF = 0.824 EUR
Euro Chinese Yuan 1 EUR = 8.255 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.697 GBP 1 GBP = 1.435 JPY
Japanese Yen Australian Dollar 1 JPY = 1.062 AUD 1 AUD = 0.941 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.107 CAD 1 CAD = 0.903 JPY
Japanese Yen Swiss Franc 1 JPY = 1.030 CHF 1 CHF = 0.971 JPY
Pound Sterling Australian Dollar 1 GBP = 1.525 AUD 1 AUD = 0.656 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.589 CAD 1 CAD = 0.629 GBP
Pound Sterling Swiss Franc 1 GBP = 1.478 CHF 1 CHF = 0.677 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.062 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.042 CAD 1 CAD = 0.960 AUD
Australian Dollar Swiss Franc 1 AUD = 0.969 CHF 1 CHF = 1.032 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.597 CNY 1 CNY = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.930 CHF 1 CHF = 1.076 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.328 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.804 CNY 1 CNY = 0.147 CHF

See what else happened on January 10, 2013