Financial news on December 12, 2011
Business and Financial news
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..
For mobile users, unlimited wireless Internet isn’t what it used to be. Read more..
Federal Reserve's policy-making committee will consider the idea of publishing a regular forecast of its future decisions on interest rates. Read more..
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..
"The Sea Is Calling," is the theme of a new advertising campaign for Royal Caribbean. Read more..
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..
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..
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..
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..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16.71 | 16.86 | 16.32 | 16.46 | 179M |
Intel | INTC | 24.18 | 24.29 | 23.61 | 24.00 | 94.8M |
Altria | MO | 28.72 | 28.91 | 28.67 | 28.87 | 45.3M |
Cisco Systems | CSCO | 18.62 | 18.70 | 18.26 | 18.53 | 44.1M |
Pfizer | PFE | 20.38 | 20.55 | 20.23 | 20.39 | 40.2M |
Microsoft | MSFT | 25.41 | 25.57 | 25.29 | 25.51 | 38.9M |
JPMorgan Chase | JPM | 32.55 | 32.60 | 31.76 | 32.04 | 36M |
AT&T Inc. | T | 29.02 | 29.08 | 28.92 | 29.01 | 25.8M |
Wells Fargo & Co. | WFC | 26.63 | 26.68 | 26.07 | 26.29 | 24.9M |
Oracle Corp. | ORCL | 31.40 | 31.40 | 30.78 | 31.32 | 22.5M |
Comcast | CMCSA | 22.53 | 23.38 | 22.37 | 23.27 | 20.2M |
HP Inc. | HPQ | 27.07 | 27.46 | 27.07 | 27.34 | 19.6M |
ExxonMobil | XOM | 80.73 | 81.09 | 79.21 | 80.05 | 17.8M |
Merck | MRK | 35.58 | 35.67 | 35.18 | 35.41 | 12.6M |
Abbott Laboratories | ABT | 54.23 | 54.50 | 53.80 | 54.27 | 11.2M |
Home Depot | HD | 39.85 | 40.11 | 39.31 | 40.05 | 11.1M |
Johnson & Johnson | JNJ | 63.87 | 64.20 | 63.35 | 63.51 | 10.8M |
Apple | AAPL | 391.68 | 393.90 | 389.45 | 391.84 | 10.8M |
Amgen | AMGN | 58.30 | 58.41 | 57.15 | 57.16 | 10.2M |
Walt Disney & Co. | DIS | 36.20 | 36.77 | 35.92 | 36.65 | 10.1M |
Wal-Mart Stores | WMT | 57.87 | 58.44 | 57.76 | 58.09 | 10M |
ConocoPhillips | COP | 71.15 | 71.40 | 69.75 | 70.48 | 9.72M |
Schlumberger | SLB | 72.85 | 72.99 | 70.58 | 71.92 | 9.5M |
Bristol-Myers Squibb | BMY | 33.37 | 33.59 | 33.03 | 33.18 | 8.86M |
Procter & Gamble | PG | 64.58 | 64.92 | 63.94 | 64.31 | 8.79M |
Chevron | CVX | 104.02 | 104.23 | 101.50 | 103.07 | 7.6M |
Gilead Sciences | GILD | 38.76 | 39.15 | 38.60 | 39.01 | 7.47M |
Coca-Cola | KO | 67.26 | 67.50 | 66.32 | 66.89 | 6.69M |
General Motors | GM | 20.66 | 20.90 | 20.56 | 20.80 | 6.28M |
Pepsico | PEP | 65.10 | 65.24 | 63.89 | 64.66 | 5.83M |
McDonald's | MCD | 97.67 | 98.53 | 97.20 | 98.48 | 5.8M |
Berkshire Hathaway | BRK.B | 76.94 | 77.01 | 75.67 | 76.27 | 5.59M |
Boeing | BA | 71.51 | 71.96 | 70.18 | 70.90 | 5.46M |
UnitedHealth Group | UNH | 48.71 | 49.00 | 47.94 | 48.20 | 4.95M |
United Technologies | UTX | 75.63 | 75.76 | 74.15 | 74.48 | 4.84M |
Alphabet | GOOGL | 621.88 | 626.18 | 620.29 | 625.39 | 4.36M |
Amazon | AMZN | 190.03 | 191.15 | 187.63 | 189.52 | 4.34M |
International Business Machines | IBM | 193.64 | 193.90 | 191.22 | 192.18 | 3.8M |
Visa | V | 96.64 | 97.40 | 95.83 | 96.92 | 3.41M |
3M | MMM | 81.90 | 81.99 | 80.03 | 80.59 | 3.34M |
Verizon Communications | VZ | 38.24 | 38.39 | 37.98 | 38.35 | 2.79M |
Union Pacific | UNP | 100.78 | 101.54 | 99.79 | 100.60 | 1.78M |
Exchange Rates of December 12, 2011
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 77.890 JPY | 1 JPY = 0.013 USD |
US Dollar | Canadian Dollar | 1 USD = 1.027 CAD | 1 CAD = 0.974 USD |
US Dollar | Swiss Franc | 1 USD = 0.937 CHF | 1 CHF = 1.067 USD |
US Dollar | Chinese Yuan | 1 USD = 6.361 CNY | 1 CNY = 0.157 USD |
Euro | Japanese Yen | 1 EUR = 102.740 JPY | 1 JPY = 0.010 EUR |
Euro | Pound Sterling | 1 EUR = 0.846 GBP | 1 GBP = 1.182 EUR |
Euro | Australian Dollar | 1 EUR = 1.309 AUD | 1 AUD = 0.764 EUR |
Euro | Canadian Dollar | 1 EUR = 1.354 CAD | 1 CAD = 0.739 EUR |
Euro | Swiss Franc | 1 EUR = 1.236 CHF | 1 CHF = 0.809 EUR |
Euro | Chinese Yuan | 1 EUR = 8.391 CNY | 1 CNY = 0.119 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.823 GBP | 1 GBP = 1.215 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.273 AUD | 1 AUD = 0.785 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.317 CAD | 1 CAD = 0.759 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.203 CHF | 1 CHF = 0.832 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.546 AUD | 1 AUD = 0.647 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.600 CAD | 1 CAD = 0.625 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.460 CHF | 1 CHF = 0.685 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.916 CNY | 1 CNY = 0.101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 1.034 CAD | 1 CAD = 0.967 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.944 CHF | 1 CHF = 1.059 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.405 CNY | 1 CNY = 0.156 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.912 CHF | 1 CHF = 1.096 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.197 CNY | 1 CNY = 0.161 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.787 CNY | 1 CNY = 0.147 CHF |
See what else happened on December 12, 2011