Financial news on February 13, 2009

Business and Financial news
Agency Skeptical of Internet Privacy Policies

The Federal Trade Commission said Internet companies are not explaining to users what information they collect about them. Read more..

By SAUL HANSELL - The New York Times

Ailing Banks May Require More Aid to Keep Solvent

Experts say the situation at some of the nation’s banks demands a more direct government role than in the plan outlined this week. Read more..

By STEVE LOHR - The New York Times

Fed Calls Gain in Family Wealth a Mirage

The leap in wealth that Americans thought they were enjoying has turned out to be a mirage, according to new estimates by the Federal Reserve. Read more..

By EDMUND L. ANDREWS - The New York Times

In Japan’s Stagnant Decade, Cautionary Tales for America

Some students of Japan’s lost decade say they see the United States making familiar mistakes. Read more..

By HIROKO TABUCHI - The New York Times

Rescue Plan for Housing in the Works

The administration is developing a standardized way to fix the mortgages of people near foreclosure. Read more..

By EDMUND L. ANDREWS - The New York Times

Retail Sales Up 1 Percent in January

The rebound in retail sales provided a glimmer of hope, but the job market points to a deep recession. Read more..

By JACK HEALY - The New York Times

Shares Bounce Back From Steep Losses

Even with a few unexpected glimmers of positive economic news, Wall Street remained under pressure, but the markets cut their losses from an earlier slide. Read more..

By JACK HEALY - The New York Times

Stimulus Bill and You: Readers’ Questions

Answering readers’ questions about how the stimulus bill affects personal taxes and other benefits. Read more..

By TARA SIEGEL BERNARD - The New York Times

Viacom Profit Falls 69% as Revenue Remains Flat

The company’s executives are pessimistic about the future for the media industry, where ad growth is weak. Read more..

By TIM ARANGO - The New York Times

Viacom’s Head Optimistic as Profit Falls

The media conglomerate, controlled by Sumner M. Redstone, reported solid earnings although its profit fell significantly, partly to reflect a big restructuring change. Read more..

By TIM ARANGO - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 16.36 16.42 15.56 15.76 88.5M
General Electric GE 11.55 11.74 11.35 11.44 86.6M
JPMorgan Chase JPM 25.26 25.89 24.66 24.69 58.6M
Pfizer PFE 14.52 14.94 14.50 14.58 58.1M
Intel INTC 13.91 14.26 13.85 13.88 56M
Microsoft MSFT 19.27 19.47 19.04 19.09 47.4M
Cisco Systems CSCO 16.19 16.46 15.95 16.10 43.6M
ExxonMobil XOM 74.99 75.58 74.44 74.59 30.4M
Oracle Corp. ORCL 17.47 17.96 17.43 17.72 27.5M
Wal-Mart Stores WMT 47.74 48.11 46.48 46.53 25.7M
Altria MO 16.35 16.39 15.84 15.92 24.6M
AT&T Inc. T 24.31 24.75 24.15 24.19 23.5M
Apple AAPL 99.11 99.94 98.12 99.16 21.7M
HP Inc. HPQ 35.07 36.24 34.88 35.87 20.8M
Comcast CMCSA 13.78 13.95 13.35 13.66 19M
Home Depot HD 21.65 22.16 21.20 21.22 18.6M
Abbott Laboratories ABT 56.07 56.30 54.75 54.94 15.1M
Bristol-Myers Squibb BMY 22.17 22.70 21.57 21.75 15M
Verizon Communications VZ 29.73 30.21 29.43 29.56 15M
ConocoPhillips COP 46.37 46.63 45.60 45.67 13.2M
Johnson & Johnson JNJ 57.71 57.80 56.81 57.10 12.6M
Pepsico PEP 52.19 53.46 51.08 52.57 12M
Walt Disney & Co. DIS 18.72 18.90 18.40 18.52 11.8M
Procter & Gamble PG 51.37 51.68 50.73 51.09 11.6M
Coca-Cola KO 44.20 44.38 43.69 43.85 11.4M
Chevron CVX 69.71 70.74 63.00 69.73 10.9M
Schlumberger SLB 41.69 42.95 41.14 41.52 10.7M
Merck MRK 29.27 29.40 28.52 28.75 10.5M
Visa V 56.93 57.95 55.26 55.95 10.2M
UnitedHealth Group UNH 29.42 29.44 28.65 28.96 9.26M
Alphabet GOOGL 361.43 362.99 355.23 357.68 8.29M
McDonald's MCD 57.06 57.59 56.69 56.81 6.98M
International Business Machines IBM 94.79 95.18 93.57 93.84 6.74M
Union Pacific UNP 43.58 44.37 42.50 43.51 5.98M
Gilead Sciences GILD 50.57 51.00 49.89 50.25 5.54M
Boeing BA 39.89 41.19 39.89 40.48 5.48M
Amgen AMGN 58.26 58.77 57.80 57.90 5.36M
3M MMM 50.60 50.60 49.25 49.42 4.81M
United Technologies UTX 47.14 47.96 46.78 47.09 4.45M
Amazon AMZN 63.97 64.68 62.87 63.26 4.13M
Berkshire Hathaway BRK.B 2876.00 2959.00 2843.00 2860.00 17.1K
Exchange Rates of February 13, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.860 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.235 CAD 1 CAD = 0.810 USD
US Dollar Swiss Franc 1 USD = 1.161 CHF 1 CHF = 0.862 USD
US Dollar Chinese Yuan 1 USD = 6.840 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 118.190 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.896 GBP 1 GBP = 1.116 EUR
Euro Australian Dollar 1 EUR = 1.959 AUD 1 AUD = 0.511 EUR
Euro Canadian Dollar 1 EUR = 1.588 CAD 1 CAD = 0.630 EUR
Euro Swiss Franc 1 EUR = 1.493 CHF 1 CHF = 0.670 EUR
Euro Chinese Yuan 1 EUR = 8.799 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.758 GBP 1 GBP = 1.320 JPY
Japanese Yen Australian Dollar 1 JPY = 1.657 AUD 1 AUD = 0.604 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.344 CAD 1 CAD = 0.744 JPY
Japanese Yen Swiss Franc 1 JPY = 1.263 CHF 1 CHF = 0.792 JPY
Pound Sterling Australian Dollar 1 GBP = 2.186 AUD 1 AUD = 0.458 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.772 CAD 1 CAD = 0.564 GBP
Pound Sterling Swiss Franc 1 GBP = 1.664 CHF 1 CHF = 0.601 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.811 CAD 1 CAD = 1.234 AUD
Australian Dollar Swiss Franc 1 AUD = 0.762 CHF 1 CHF = 1.313 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.939 CHF 1 CHF = 1.065 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.885 CNY 1 CNY = 0.170 CHF

See what else happened on February 13, 2009