Financial news on February 11th, 2010

Business and Financial news
A.I.G. Will Use a Grading System for Bonuses

The new plan is meant to quiet critics who believe Wall Street financial firms overpay even their underperforming employees. Read more..

By MICHAEL J. de la MERCED - The New York Times

Cables With Extras

Some U.S.B. cables have a bump on one end and others don’t. What does the bump do, and can I use bump and bumpless cables interchangeably? Read more..

By J. D. BIERSDORFER - The New York Times

"Doctors" Commercial by G.E.

A new campaign from G.E., which begins running during the Olympics, emphasizes its healthcare business. Read more..

None None - The New York Times

Fire Your Relatives. Scare Your Employees. And Stop Whining.

An adviser to small businesses offers hard-edged solutions to problems faced by most entrepreneurs. Read more..

By KERMIT PATTISON - The New York Times

Healthy Jump in Chinese Exports Points to Recovery in World Trade

China said that its exports climbed 21 percent in January, while imports surged 85.5 percent, the latest sign that world trade is starting to recover. Read more..

By KEITH BRADSHER - International Herald Tribune

Motorola Considers Merging Units for a Spinoff

The company’s plans to remake itself have included shopping its set-top box business and its wireless networking units. Read more..

By MICHAEL J. de la MERCED - The New York Times

NBC Commits to Keeping ‘Ellen’ Show

The move quiets speculation that Ellen DeGeneres would replace Oprah Winfrey on stations owned by ABC. Read more..

By BRIAN STELTER - The New York Times

New Jersey Added to Trial to Cut Health Insurance Paperwork

Doctors and hospitals will be able to check a patient’s private coverage and track claims through a single Web portal. Read more..

By REED ABELSON - The New York Times

Report Warns Silicon Valley Could Lose Its Edge

Unemployment in the area is higher than national levels and the worst since 2005, when tech companies were recovering from the dot-com implosion. Read more..

By CLAIRE CAIN MILLER - The New York Times

Taming Twitter’s Streams With Automated Web Sites

Unlike Facebook, whose builders strive to make it an ever more organized social network, Twitter seems to thrive on being a jumble. Read more..

By PAUL BOUTIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Berkshire HathawayBRK.B74.5076.8074.1576.692.3B
General ElectricGE15.6215.7915.4815.7766.9M
Cisco SystemsCSCO23.6723.9923.5423.9342.5M
Wells Fargo & Co.WFC27.1527.2426.7127.0835.8M
JPMorgan ChaseJPM38.8439.3738.3639.0233.8M
Oracle Corp.ORCL23.0623.5222.8323.3528.2M
AT&T Inc.T25.0525.3824.8325.1927.4M
Verizon CommunicationsVZ28.8629.2028.6829.0416M
Home DepotHD28.7129.0728.5428.9914.6M
Abbott LaboratoriesABT53.2753.7152.9353.5413.4M
HP Inc.HPQ48.0048.8547.8248.6212.9M
Walt Disney & Co.DIS29.8230.4329.7630.1612.4M
Wal-Mart StoresWMT53.1353.4552.9153.0811.6M
Gilead SciencesGILD45.8147.0845.5946.7611.5M
Bristol-Myers SquibbBMY23.9223.9823.5723.8911M
Procter & GamblePG61.4262.1661.2761.9610.4M
Johnson & JohnsonJNJ62.6263.2162.2662.918.35M
UnitedHealth GroupUNH32.7133.2032.4433.127.86M
United TechnologiesUTX66.3666.8565.8666.715.5M
Union PacificUNP61.4363.8561.4163.615.18M
International Business MachinesIBM122.58124.20122.06123.735.09M
Exchange Rates of February 11th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.750 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.050 CAD1 CAD = 0.952 USD
US DollarSwiss Franc1 USD = 1.070 CHF1 CHF = 0.934 USD
US DollarChinese Yuan1 USD = 6.834 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 122.880 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.872 GBP1 GBP = 1.147 EUR
EuroAustralian Dollar1 EUR = 1.537 AUD1 AUD = 0.651 EUR
EuroCanadian Dollar1 EUR = 1.438 CAD1 CAD = 0.696 EUR
EuroSwiss Franc1 EUR = 1.466 CHF1 CHF = 0.682 EUR
EuroChinese Yuan1 EUR = 9.359 CNY1 CNY = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.709 GBP1 GBP = 1.410 JPY
Japanese YenAustralian Dollar1 JPY = 1.250 AUD1 AUD = 0.800 JPY
Japanese YenCanadian Dollar1 JPY = 1.170 CAD1 CAD = 0.855 JPY
Japanese YenSwiss Franc1 JPY = 1.193 CHF1 CHF = 0.839 JPY
Pound SterlingAustralian Dollar1 GBP = 1.763 AUD1 AUD = 0.567 GBP
Pound SterlingCanadian Dollar1 GBP = 1.649 CAD1 CAD = 0.606 GBP
Pound SterlingSwiss Franc1 GBP = 1.681 CHF1 CHF = 0.595 GBP
Australian DollarCanadian Dollar1 AUD = 0.935 CAD1 CAD = 1.069 AUD
Australian DollarSwiss Franc1 AUD = 0.953 CHF1 CHF = 1.049 AUD
Australian DollarChinese Yuan1 AUD = 6.086 CNY1 CNY = 0.164 AUD
Canadian DollarSwiss Franc1 CAD = 1.019 CHF1 CHF = 0.981 CAD
Canadian DollarChinese Yuan1 CAD = 6.506 CNY1 CNY = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.384 CNY1 CNY = 0.157 CHF

See what else happened on February 11th, 2010