Financial news on July 10th, 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..

By BILL VLASIC and NICK BUNKLEY - The New York Times

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..

By ZACHERY KOUWE - The New York Times

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..

None None - The New York Times

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..

By JAD MOUAWAD - The New York Times

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..

By LYNNLEY BROWNING - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE10,7410,8510,6010,7870.1M
Wells Fargo & Co.WFC23,0723,3422,8122,8753.7M
JPMorgan ChaseJPM33,3133,6732,2132,3451M
Cisco SystemsCSCO18,0818,4518,0218,3446.6M
Oracle Corp.ORCL20,2020,6320,1920,4922.4M
AT&T Inc.T23,3323,5023,1923,4421.8M
Wal-Mart StoresWMT47,9448,2447,3547,5716M
Johnson & JohnsonJNJ56,3457,3856,2556,9313.7M
Verizon CommunicationsVZ28,4828,6928,3128,6213.5M
Abbott LaboratoriesABT45,8045,8045,2745,4113.4M
HP Inc.HPQ37,2137,7336,7837,2411.4M
Walt Disney & Co.DIS22,2922,7222,1422,4111.1M
Bristol-Myers SquibbBMY19,4419,5519,2519,3710.1M
Home DepotHD22,5822,8222,3322,529.81M
Procter & GamblePG52,1852,5051,9452,229.27M
International Business MachinesIBM100,97101,7299,80100,837.47M
Gilead SciencesGILD44,6344,9744,3644,446M
UnitedHealth GroupUNH24,9025,4024,3924,675.62M
United TechnologiesUTX49,2149,9949,0049,644.8M
Union PacificUNP49,2850,6549,0050,373.96M
Berkshire HathawayBRK.B2765,002775,002733,002745,0025.1K
Exchange Rates of July 10th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92,470 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,164 CAD1 CAD = 0,859 USD
US DollarSwiss Franc1 USD = 1,087 CHF1 CHF = 0,920 USD
US DollarChinese Yuan1 USD = 6,834 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 128,980 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,859 GBP1 GBP = 1,164 EUR
EuroAustralian Dollar1 EUR = 1,787 AUD1 AUD = 0,559 EUR
EuroCanadian Dollar1 EUR = 1,622 CAD1 CAD = 0,617 EUR
EuroSwiss Franc1 EUR = 1,514 CHF1 CHF = 0,661 EUR
EuroChinese Yuan1 EUR = 9,520 CNY1 CNY = 0,105 EUR
Japanese YenPound Sterling1 JPY = 0,666 GBP1 GBP = 1,501 JPY
Japanese YenAustralian Dollar1 JPY = 1,387 AUD1 AUD = 0,721 JPY
Japanese YenCanadian Dollar1 JPY = 1,257 CAD1 CAD = 0,795 JPY
Japanese YenSwiss Franc1 JPY = 1,174 CHF1 CHF = 0,852 JPY
Pound SterlingAustralian Dollar1 GBP = 2,080 AUD1 AUD = 0,481 GBP
Pound SterlingCanadian Dollar1 GBP = 1,888 CAD1 CAD = 0,530 GBP
Pound SterlingSwiss Franc1 GBP = 1,762 CHF1 CHF = 0,568 GBP
Pound SterlingChinese Yuan1 GBP = 11,069 CNY1 CNY = 0,090 GBP
Australian DollarCanadian Dollar1 AUD = 0,906 CAD1 CAD = 1,103 AUD
Australian DollarSwiss Franc1 AUD = 0,846 CHF1 CHF = 1,182 AUD
Australian DollarChinese Yuan1 AUD = 5,325 CNY1 CNY = 0,188 AUD
Canadian DollarSwiss Franc1 CAD = 0,933 CHF1 CHF = 1,071 CAD
Canadian DollarChinese Yuan1 CAD = 5,872 CNY1 CNY = 0,170 CAD
Swiss FrancChinese Yuan1 CHF = 6,288 CNY1 CNY = 0,159 CHF

See what else happened on July 10th, 2009