Financial news on August 12th, 2009
Business and Financial news
The founder, Timothy Barakett, said that his partner would continue to run a third fund. Read more..
Worried about seeming ostentatious, major businesses that entertain clients do so very quietly. Read more..
Developers in New Jersey are finding desirable retail tenants for their residential projects. And given the economic slump, retailers are able to drive a harder bargain. Read more..
The economy declined 10.9 percent in the second quarter compared with a year ago, but it grew 7.5 percent compared with the first quarter. Read more..
Judge William J. Zloch denied a request to delay sentencing of Bradley Birkenfeld, who admitted helping American clients of UBS evade taxes. Read more..
Frank DiPascali, a longtime employee of Bernard L. Madoff, pleaded guilty to his role in the Ponzi scheme. Read more..
Two giant rivals team up to try to fend off competitive threats from the likes of Google and Apple. Read more..
Because employers slashed payrolls already, their lower expenses may allow them to cut fewer workers. Read more..
The decision was seen as a victory for the United States at a time when China is being perceived as increasingly nationalistic in its trade policies. Read more..
SABMiller of London will double production capacity at its Zambian operations this year after spending $100 million over two years refurbishing its plants in the country. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 13.80 | 14.34 | 13.68 | 14.13 | 92.4M |
Microsoft | MSFT | 23.13 | 23.90 | 23.03 | 23.53 | 62M |
Wells Fargo & Co. | WFC | 26.72 | 27.50 | 26.62 | 27.17 | 53.5M |
Intel | INTC | 18.69 | 19.09 | 18.66 | 18.81 | 52.9M |
Cisco Systems | CSCO | 21.23 | 21.61 | 21.18 | 21.43 | 49.5M |
JPMorgan Chase | JPM | 41.19 | 42.45 | 41.03 | 42.21 | 43.1M |
Pfizer | PFE | 15.85 | 16.00 | 15.75 | 15.86 | 35.4M |
Oracle Corp. | ORCL | 21.30 | 22.10 | 21.25 | 21.88 | 34M |
Altria | MO | 17.49 | 17.77 | 17.46 | 17.58 | 33.9M |
Abbott Laboratories | ABT | 44.43 | 44.55 | 43.75 | 44.01 | 25.9M |
Verizon Communications | VZ | 30.71 | 31.43 | 30.59 | 31.21 | 24.9M |
Comcast | CMCSA | 14.76 | 15.01 | 14.76 | 14.85 | 22.3M |
AT&T Inc. | T | 25.39 | 25.92 | 25.30 | 25.65 | 21M |
ExxonMobil | XOM | 68.23 | 69.55 | 68.15 | 69.11 | 19.2M |
Wal-Mart Stores | WMT | 50.10 | 50.84 | 50.10 | 50.51 | 18.3M |
Apple | AAPL | 162.55 | 166.71 | 162.46 | 165.31 | 15.9M |
ConocoPhillips | COP | 43.64 | 44.19 | 43.64 | 43.89 | 14.6M |
HP Inc. | HPQ | 43.20 | 44.50 | 43.17 | 44.18 | 13.8M |
Home Depot | HD | 26.80 | 27.53 | 26.75 | 27.20 | 13.3M |
Coca-Cola | KO | 48.96 | 49.09 | 48.43 | 48.46 | 12.4M |
Merck | MRK | 30.34 | 30.99 | 30.00 | 30.74 | 12.3M |
Procter & Gamble | PG | 52.00 | 52.49 | 51.85 | 52.08 | 10.1M |
Amgen | AMGN | 62.71 | 62.80 | 61.77 | 62.16 | 9.86M |
Walt Disney & Co. | DIS | 25.91 | 26.47 | 25.75 | 26.22 | 9.02M |
Chevron | CVX | 68.11 | 69.23 | 68.02 | 68.72 | 8.96M |
Bristol-Myers Squibb | BMY | 21.95 | 22.05 | 21.84 | 21.89 | 8.84M |
United Technologies | UTX | 55.71 | 58.80 | 55.70 | 58.17 | 8.67M |
Johnson & Johnson | JNJ | 60.26 | 61.05 | 60.03 | 60.59 | 8.22M |
Gilead Sciences | GILD | 45.89 | 46.50 | 45.55 | 45.85 | 7.81M |
Schlumberger | SLB | 52.94 | 54.49 | 52.75 | 53.88 | 7.81M |
McDonald's | MCD | 55.91 | 56.63 | 55.76 | 56.26 | 7.22M |
Pepsico | PEP | 56.78 | 57.55 | 56.34 | 56.68 | 6.91M |
UnitedHealth Group | UNH | 27.76 | 28.12 | 27.50 | 27.79 | 6.9M |
International Business Machines | IBM | 117.60 | 119.96 | 117.42 | 119.29 | 6.29M |
Amazon | AMZN | 83.42 | 86.60 | 83.38 | 85.96 | 5.62M |
3M | MMM | 71.38 | 72.67 | 70.94 | 72.33 | 4.81M |
Boeing | BA | 45.33 | 46.78 | 45.31 | 46.34 | 4.68M |
Alphabet | GOOGL | 455.41 | 461.75 | 454.92 | 458.58 | 4.68M |
Union Pacific | UNP | 59.52 | 61.49 | 59.52 | 60.74 | 4.49M |
Visa | V | 68.29 | 69.05 | 67.88 | 68.45 | 3.61M |
Berkshire Hathaway | BRK.B | 3267.00 | 3375.00 | 3267.00 | 3321.50 | 34.3K |
Exchange Rates of August 12th, 2009
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 96.080 JPY | 1 JPY = 0.010 USD |
US Dollar | Canadian Dollar | 1 USD = 1.089 CAD | 1 CAD = 0.919 USD |
US Dollar | Swiss Franc | 1 USD = 1.077 CHF | 1 CHF = 0.929 USD |
US Dollar | Chinese Yuan | 1 USD = 6.836 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 136.470 JPY | 1 JPY = 0.007 EUR |
Euro | Pound Sterling | 1 EUR = 0.861 GBP | 1 GBP = 1.161 EUR |
Euro | Australian Dollar | 1 EUR = 1.704 AUD | 1 AUD = 0.587 EUR |
Euro | Canadian Dollar | 1 EUR = 1.546 CAD | 1 CAD = 0.647 EUR |
Euro | Swiss Franc | 1 EUR = 1.529 CHF | 1 CHF = 0.654 EUR |
Euro | Chinese Yuan | 1 EUR = 9.707 CNY | 1 CNY = 0.103 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.631 GBP | 1 GBP = 1.586 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.248 AUD | 1 AUD = 0.801 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.133 CAD | 1 CAD = 0.883 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.121 CHF | 1 CHF = 0.892 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.978 AUD | 1 AUD = 0.505 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.796 CAD | 1 CAD = 0.557 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.775 CHF | 1 CHF = 0.563 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 11.261 CNY | 1 CNY = 0.089 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.907 CAD | 1 CAD = 1.102 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.897 CHF | 1 CHF = 1.115 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.694 CNY | 1 CNY = 0.176 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.989 CHF | 1 CHF = 1.012 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.282 CNY | 1 CNY = 0.159 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.346 CNY | 1 CNY = 0.158 CHF |
See what else happened on August 12th, 2009