Financial news on July 10, 2009
Business and Financial news
A Muscle Car to the Rescue
G.M.’s new Camaro, a throwback to another era, is creating a buzz in otherwise quiet showrooms. Read more..
Cerberus Partners Fund Being Restructured
Cerberus Capital Management is restructuring the fund amid a wave of requests from clients who want their money back. Read more..
General Motors Emerges From Bankruptcy
Saying that business as usual was over at General Motors, the chief executive began a new era for the carmaker with a promise to emphasize the quality of its vehicles. Read more..
Oil Weakens as Recovery Hopes Dim
Prices have dropped over the last two weeks as traders and investors acknowledge the lethargy of the world economy. Read more..
UBS Digs in Its Heels on Clients’ Names
The chief of the bank said in a memorandum that it would not comply with the I.R.S. because doing so would violate Swiss law. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 10.74 | 10.85 | 10.60 | 10.78 | 70.1M |
| Wells Fargo & Co. | WFC | 23.07 | 23.34 | 22.81 | 22.87 | 53.7M |
| Intel | INTC | 15.98 | 16.22 | 15.86 | 16.04 | 51.1M |
| JPMorgan Chase | JPM | 33.31 | 33.67 | 32.21 | 32.34 | 51M |
| Cisco Systems | CSCO | 18.08 | 18.45 | 18.02 | 18.34 | 46.6M |
| Microsoft | MSFT | 22.19 | 22.54 | 22.15 | 22.39 | 43.2M |
| Pfizer | PFE | 14.23 | 14.29 | 14.11 | 14.20 | 38.9M |
| ExxonMobil | XOM | 65.10 | 65.40 | 64.75 | 65.12 | 25.9M |
| Oracle Corp. | ORCL | 20.20 | 20.63 | 20.19 | 20.49 | 22.4M |
| AT&T Inc. | T | 23.33 | 23.50 | 23.19 | 23.44 | 21.8M |
| Altria | MO | 16.49 | 16.53 | 16.29 | 16.47 | 21.3M |
| Merck | MRK | 26.90 | 26.99 | 26.26 | 26.45 | 17.9M |
| Chevron | CVX | 61.76 | 61.80 | 60.88 | 61.40 | 16.8M |
| ConocoPhillips | COP | 39.67 | 39.85 | 39.06 | 39.72 | 16.7M |
| Wal-Mart Stores | WMT | 47.94 | 48.24 | 47.35 | 47.57 | 16M |
| Apple | AAPL | 136.34 | 138.97 | 136.32 | 138.52 | 15.9M |
| Comcast | CMCSA | 13.33 | 13.49 | 13.08 | 13.26 | 14.2M |
| Johnson & Johnson | JNJ | 56.34 | 57.38 | 56.25 | 56.93 | 13.7M |
| Verizon Communications | VZ | 28.48 | 28.69 | 28.31 | 28.62 | 13.5M |
| Abbott Laboratories | ABT | 45.80 | 45.80 | 45.27 | 45.41 | 13.4M |
| HP Inc. | HPQ | 37.21 | 37.73 | 36.78 | 37.24 | 11.4M |
| Walt Disney & Co. | DIS | 22.29 | 22.72 | 22.14 | 22.41 | 11.1M |
| Bristol-Myers Squibb | BMY | 19.44 | 19.55 | 19.25 | 19.37 | 10.1M |
| Home Depot | HD | 22.58 | 22.82 | 22.33 | 22.52 | 9.81M |
| Procter & Gamble | PG | 52.18 | 52.50 | 51.94 | 52.22 | 9.27M |
| Schlumberger | SLB | 49.48 | 50.85 | 49.32 | 50.51 | 8.81M |
| Amgen | AMGN | 57.62 | 58.76 | 57.38 | 57.81 | 8.61M |
| Coca-Cola | KO | 48.50 | 48.87 | 48.02 | 48.31 | 7.81M |
| International Business Machines | IBM | 100.97 | 101.72 | 99.80 | 100.83 | 7.47M |
| McDonald's | MCD | 56.56 | 57.72 | 56.56 | 57.05 | 6.74M |
| Gilead Sciences | GILD | 44.63 | 44.97 | 44.36 | 44.44 | 6M |
| Amazon | AMZN | 77.52 | 78.82 | 76.17 | 77.63 | 5.98M |
| Pepsico | PEP | 54.36 | 54.88 | 54.30 | 54.71 | 5.95M |
| Alphabet | GOOGL | 409.58 | 417.37 | 408.70 | 414.40 | 5.85M |
| Boeing | BA | 39.20 | 39.71 | 38.92 | 39.65 | 5.83M |
| UnitedHealth Group | UNH | 24.90 | 25.40 | 24.39 | 24.67 | 5.62M |
| United Technologies | UTX | 49.21 | 49.99 | 49.00 | 49.64 | 4.8M |
| Visa | V | 59.87 | 60.33 | 59.41 | 59.86 | 4.16M |
| Union Pacific | UNP | 49.28 | 50.65 | 49.00 | 50.37 | 3.96M |
| 3M | MMM | 58.68 | 59.92 | 58.46 | 59.79 | 3.91M |
| Berkshire Hathaway | BRK.B | 2765.00 | 2775.00 | 2733.00 | 2745.00 | 25.1K |
Exchange Rates of July 10, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 92.470 JPY | 1 JPY = 0.011 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.164 CAD | 1 CAD = 0.859 USD |
| US Dollar | Swiss Franc | 1 USD = 1.087 CHF | 1 CHF = 0.920 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.834 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 128.980 JPY | 1 JPY = 0.008 EUR |
| Euro | Pound Sterling | 1 EUR = 0.859 GBP | 1 GBP = 1.164 EUR |
| Euro | Australian Dollar | 1 EUR = 1.787 AUD | 1 AUD = 0.559 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.622 CAD | 1 CAD = 0.617 EUR |
| Euro | Swiss Franc | 1 EUR = 1.514 CHF | 1 CHF = 0.661 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.520 CNY | 1 CNY = 0.105 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.666 GBP | 1 GBP = 1.501 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.387 AUD | 1 AUD = 0.721 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.257 CAD | 1 CAD = 0.795 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.174 CHF | 1 CHF = 0.852 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.080 AUD | 1 AUD = 0.481 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.888 CAD | 1 CAD = 0.530 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.762 CHF | 1 CHF = 0.568 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 11.069 CNY | 1 CNY = 0.090 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.906 CAD | 1 CAD = 1.103 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.846 CHF | 1 CHF = 1.182 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 5.325 CNY | 1 CNY = 0.188 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.933 CHF | 1 CHF = 1.071 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.872 CNY | 1 CNY = 0.170 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.288 CNY | 1 CNY = 0.159 CHF |
See what else happened on July 10, 2009