Financial news on September 10, 2010
Business and Financial news
The planned rights issue of 8 billion to 9 billion euros will complete the acquisition of Postbank, but will also provide cover for increasing the bank’s capital before forthcoming tighter regulation. Read more..
Michael Cohl, the lead producer of the musical, is taking a risk on the most expensive show in Broadway history. Read more..
Carrefour, the world’s second- biggest retailer, put Tesco and Casino Guichard-Perrachon on a short list of potential buyers for its Southeast Asian units, a deal that may be valued at about $1 billion, said three people with knowledge of the matter, Bloomberg News reported. Read more..
The manager, Jane Mendillo, increased the endowment’s available cash while generating a respectable, if not spectacular return, several endowment experts said. Read more..
The Marder family's apartment in the central city is the result of four years' work. Read more..
A judge on Thursday reinstated eBay 28.4 percent stake in Craigslist, but allowed the classifieds site to keep eBay off its board, Reuters reported. Read more..
General Motors’s new chief executive, Daniel F. Akerson, is set to earn $1.7 million in annual cash salary, the car company disclosed in a regulatory filing on Friday. Read more..
QR National, Australia’s largest transport and logistics business, will likely agree to about 3 billion Australian dollars ($2.8 billion) of loans from as many as 10 lenders next week ahead of a planned share listing, Bloomberg News reported, citing two people familiar with the matter. Read more..
The securities regulator is investigating investment advisory firms that channel investors’ money into hedge funds, The Wall Street Journal reported. Read more..
In a move that has met with resistance in Europe, the United States is pushing to reduce the Continent’s influence over the International Monetary Fund and grant more of a say to economies outside of Europe that are growing and leading the global recovery. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 17.95 | 18.10 | 17.84 | 17.97 | 68.8M |
Microsoft | MSFT | 23.98 | 24.03 | 23.79 | 23.85 | 58.3M |
Cisco Systems | CSCO | 20.63 | 20.68 | 20.32 | 20.62 | 48.4M |
General Electric | GE | 15.96 | 16.08 | 15.81 | 15.98 | 46.6M |
Oracle Corp. | ORCL | 24.42 | 25.15 | 24.38 | 25.05 | 44.3M |
Pfizer | PFE | 16.84 | 17.00 | 16.81 | 16.99 | 42M |
HP Inc. | HPQ | 38.78 | 38.83 | 38.08 | 38.28 | 22.8M |
JPMorgan Chase | JPM | 39.92 | 40.25 | 39.67 | 39.76 | 21.9M |
Wells Fargo & Co. | WFC | 25.83 | 25.97 | 25.67 | 25.75 | 19.9M |
AT&T Inc. | T | 27.88 | 27.92 | 27.63 | 27.83 | 19.7M |
Comcast | CMCSA | 18.05 | 18.49 | 17.99 | 18.40 | 17.4M |
ExxonMobil | XOM | 61.38 | 61.48 | 60.95 | 61.20 | 14.5M |
Altria | MO | 23.74 | 23.94 | 23.70 | 23.84 | 13.8M |
Apple | AAPL | 263.19 | 264.50 | 261.40 | 263.41 | 13.8M |
Verizon Communications | VZ | 30.85 | 30.94 | 30.78 | 30.82 | 11.6M |
Merck | MRK | 36.14 | 36.71 | 36.12 | 36.65 | 11.2M |
Abbott Laboratories | ABT | 51.25 | 51.59 | 51.09 | 51.54 | 9.26M |
Coca-Cola | KO | 58.28 | 58.64 | 58.00 | 58.52 | 9.22M |
UnitedHealth Group | UNH | 33.99 | 34.64 | 33.80 | 34.49 | 8.94M |
Bristol-Myers Squibb | BMY | 26.90 | 27.10 | 26.72 | 27.05 | 8.5M |
Johnson & Johnson | JNJ | 59.94 | 60.00 | 59.77 | 59.98 | 8.36M |
Chevron | CVX | 78.33 | 78.82 | 77.94 | 78.82 | 8.22M |
Wal-Mart Stores | WMT | 51.90 | 52.07 | 51.72 | 51.97 | 8.16M |
Visa | V | 66.84 | 68.48 | 66.68 | 68.09 | 7.85M |
Schlumberger | SLB | 59.14 | 59.78 | 58.74 | 59.31 | 7.79M |
McDonald's | MCD | 74.19 | 75.13 | 74.18 | 75.01 | 7.48M |
Gilead Sciences | GILD | 34.20 | 34.57 | 33.97 | 34.39 | 7.45M |
Procter & Gamble | PG | 60.51 | 60.63 | 60.28 | 60.40 | 7.38M |
Walt Disney & Co. | DIS | 34.16 | 34.28 | 34.05 | 34.15 | 7.36M |
Home Depot | HD | 29.48 | 29.78 | 29.45 | 29.68 | 7.33M |
ConocoPhillips | COP | 55.22 | 55.30 | 54.68 | 54.75 | 7.32M |
Amazon | AMZN | 140.75 | 142.60 | 140.04 | 142.44 | 5.04M |
Amgen | AMGN | 53.86 | 54.62 | 53.70 | 54.35 | 4.86M |
International Business Machines | IBM | 126.99 | 128.29 | 126.26 | 127.99 | 4.42M |
Pepsico | PEP | 66.15 | 66.50 | 65.86 | 66.41 | 4.23M |
Berkshire Hathaway | BRK.B | 82.17 | 82.72 | 82.06 | 82.72 | 3.96M |
Alphabet | GOOGL | 479.02 | 479.79 | 475.08 | 476.14 | 3.94M |
Boeing | BA | 63.38 | 64.10 | 62.96 | 63.84 | 3.21M |
United Technologies | UTX | 68.90 | 69.15 | 68.48 | 68.89 | 3.03M |
3M | MMM | 82.87 | 84.07 | 82.65 | 83.94 | 2.17M |
Union Pacific | UNP | 78.85 | 79.50 | 78.53 | 78.73 | 2.06M |
Exchange Rates of September 10, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 84.160 JPY | 1 JPY = 0.012 USD |
US Dollar | Canadian Dollar | 1 USD = 1.037 CAD | 1 CAD = 0.964 USD |
US Dollar | Swiss Franc | 1 USD = 1.019 CHF | 1 CHF = 0.981 USD |
US Dollar | Chinese Yuan | 1 USD = 6.770 CNY | 1 CNY = 0.148 USD |
Euro | Japanese Yen | 1 EUR = 106.710 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.826 GBP | 1 GBP = 1.211 EUR |
Euro | Australian Dollar | 1 EUR = 1.368 AUD | 1 AUD = 0.731 EUR |
Euro | Canadian Dollar | 1 EUR = 1.315 CAD | 1 CAD = 0.761 EUR |
Euro | Swiss Franc | 1 EUR = 1.293 CHF | 1 CHF = 0.774 EUR |
Euro | Chinese Yuan | 1 EUR = 8.583 CNY | 1 CNY = 0.117 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.773 GBP | 1 GBP = 1.293 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.282 AUD | 1 AUD = 0.780 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.231 CAD | 1 CAD = 0.812 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.211 CHF | 1 CHF = 0.826 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.657 AUD | 1 AUD = 0.603 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.592 CAD | 1 CAD = 0.628 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.566 CHF | 1 CHF = 0.639 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.381 CNY | 1 CNY = 0.096 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.961 CAD | 1 CAD = 1.041 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.944 CHF | 1 CHF = 1.059 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.277 CNY | 1 CNY = 0.159 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.983 CHF | 1 CHF = 1.018 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.527 CNY | 1 CNY = 0.153 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.641 CNY | 1 CNY = 0.151 CHF |
See what else happened on September 10, 2010