Financial news on December 12, 2011

Business and Financial news
A Leader in the Cloud Gains Rivals

Cloud computing, which Salesforce.com has been marketing for years, is now seen as such a good idea that IBM, SAP, Oracle and others are acquiring their own players; Salesforce chief executive Marc Benioff says acquisitions are vindication of his strategy. Read more..

By QUENTIN HARDY - The New York Times

Bill Shock Without Leaving Home

For mobile users, unlimited wireless Internet isn’t what it used to be. Read more..

By KEVIN J. O'BRIEN - International Herald Tribune

Fed to Weigh Publishing a Forecast on Rates

Federal Reserve's policy-making committee will consider the idea of publishing a regular forecast of its future decisions on interest rates. Read more..

By BINYAMIN APPELBAUM - The New York Times

Markets Slide on Euro and Intel

Investors expressed increasing disappointment in a plan for more fiscal discipline in the euro zone; they also sold stocks after Intel lowered its sales forecast for the quarter. Read more..

By CHRISTINE HAUSER and DAVID JOLLY - The New York Times

New Royal Caribbean Ad

"The Sea Is Calling," is the theme of a new advertising campaign for Royal Caribbean. Read more..

None None - The New York Times

One Million Mobile Apps, and Counting at a Fast Pace

Mobilewalla, which helps users navigate the mobile app market, reports the one millionth mobile app is released, with about 15,000 apps weekly being introduced; notes surge in new apps is accelerating. Read more..

By SHELLY FREIERMAN - The New York Times

South Korean Agency Takes a New Tack on Transformation

Stuart Elliott Advertising column notes South Korean agency Cheil Worldwide is hoping to reintroduce itself in the United States as Cheil USA; notes Lars Bastholm will be chief creative officer. Read more..

By STUART ELLIOTT - The New York Times

Using Oil to Reduce Carbon Emissions

Enhanced oil recovery could give new life to the field of carbon capture and storage, which is one solution to the global emissions problem. Read more..

By TIMOTHY GARDNER | REUTERS - International Herald Tribune

When Truth Survives Free Speech

A defamation suit that seemed to be an example of a blogger being unfairly denied the protections of a journalist was actually something else entirely. Read more..

By DAVID CARR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.7116.8616.3216.46179M
IntelINTC24.1824.2923.6124.0094.8M
AltriaMO28.7228.9128.6728.8745.3M
Cisco SystemsCSCO18.6218.7018.2618.5344.1M
PfizerPFE20.3820.5520.2320.3940.2M
MicrosoftMSFT25.4125.5725.2925.5138.9M
JPMorgan ChaseJPM32.5532.6031.7632.0436M
AT&T Inc.T29.0229.0828.9229.0125.8M
Wells Fargo & Co.WFC26.6326.6826.0726.2924.9M
Oracle Corp.ORCL31.4031.4030.7831.3222.5M
ComcastCMCSA22.5323.3822.3723.2720.2M
HP Inc.HPQ27.0727.4627.0727.3419.6M
ExxonMobilXOM80.7381.0979.2180.0517.8M
MerckMRK35.5835.6735.1835.4112.6M
Abbott LaboratoriesABT54.2354.5053.8054.2711.2M
Home DepotHD39.8540.1139.3140.0511.1M
Johnson & JohnsonJNJ63.8764.2063.3563.5110.8M
AppleAAPL391.68393.90389.45391.8410.8M
AmgenAMGN58.3058.4157.1557.1610.2M
Walt Disney & Co.DIS36.2036.7735.9236.6510.1M
Wal-Mart StoresWMT57.8758.4457.7658.0910M
ConocoPhillipsCOP71.1571.4069.7570.489.72M
SchlumbergerSLB72.8572.9970.5871.929.5M
Bristol-Myers SquibbBMY33.3733.5933.0333.188.86M
Procter & GamblePG64.5864.9263.9464.318.79M
ChevronCVX104.02104.23101.50103.077.6M
Gilead SciencesGILD38.7639.1538.6039.017.47M
Coca-ColaKO67.2667.5066.3266.896.69M
General MotorsGM20.6620.9020.5620.806.28M
PepsicoPEP65.1065.2463.8964.665.83M
McDonald'sMCD97.6798.5397.2098.485.8M
Berkshire HathawayBRK.B76.9477.0175.6776.275.59M
BoeingBA71.5171.9670.1870.905.46M
UnitedHealth GroupUNH48.7149.0047.9448.204.95M
United TechnologiesUTX75.6375.7674.1574.484.84M
AlphabetGOOGL621.88626.18620.29625.394.36M
AmazonAMZN190.03191.15187.63189.524.34M
International Business MachinesIBM193.64193.90191.22192.183.8M
VisaV96.6497.4095.8396.923.41M
3MMMM81.9081.9980.0380.593.34M
Verizon CommunicationsVZ38.2438.3937.9838.352.79M
Union PacificUNP100.78101.5499.79100.601.78M
Exchange Rates of December 12, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 77.890 JPY1 JPY = 0.013 USD
US DollarCanadian Dollar1 USD = 1.027 CAD1 CAD = 0.974 USD
US DollarSwiss Franc1 USD = 0.937 CHF1 CHF = 1.067 USD
US DollarChinese Yuan1 USD = 6.361 CNY1 CNY = 0.157 USD
EuroJapanese Yen1 EUR = 102.740 JPY1 JPY = 0.010 EUR
EuroPound Sterling1 EUR = 0.846 GBP1 GBP = 1.182 EUR
EuroAustralian Dollar1 EUR = 1.309 AUD1 AUD = 0.764 EUR
EuroCanadian Dollar1 EUR = 1.354 CAD1 CAD = 0.739 EUR
EuroSwiss Franc1 EUR = 1.236 CHF1 CHF = 0.809 EUR
EuroChinese Yuan1 EUR = 8.391 CNY1 CNY = 0.119 EUR
Japanese YenPound Sterling1 JPY = 0.823 GBP1 GBP = 1.215 JPY
Japanese YenAustralian Dollar1 JPY = 1.273 AUD1 AUD = 0.785 JPY
Japanese YenCanadian Dollar1 JPY = 1.317 CAD1 CAD = 0.759 JPY
Japanese YenSwiss Franc1 JPY = 1.203 CHF1 CHF = 0.832 JPY
Pound SterlingAustralian Dollar1 GBP = 1.546 AUD1 AUD = 0.647 GBP
Pound SterlingCanadian Dollar1 GBP = 1.600 CAD1 CAD = 0.625 GBP
Pound SterlingSwiss Franc1 GBP = 1.460 CHF1 CHF = 0.685 GBP
Pound SterlingChinese Yuan1 GBP = 9.916 CNY1 CNY = 0.101 GBP
Australian DollarCanadian Dollar1 AUD = 1.034 CAD1 CAD = 0.967 AUD
Australian DollarSwiss Franc1 AUD = 0.944 CHF1 CHF = 1.059 AUD
Australian DollarChinese Yuan1 AUD = 6.405 CNY1 CNY = 0.156 AUD
Canadian DollarSwiss Franc1 CAD = 0.912 CHF1 CHF = 1.096 CAD
Canadian DollarChinese Yuan1 CAD = 6.197 CNY1 CNY = 0.161 CAD
Swiss FrancChinese Yuan1 CHF = 6.787 CNY1 CNY = 0.147 CHF

See what else happened on December 12, 2011