Financial news on December 14th, 2009

Business and Financial news
As Prices Fall, Blu-ray Players Are Invited Home

Analysts predict that sales will be up 112 percent over last year, one of the true bright spots in retailing this holiday season. Read more..

By ERIC A. TAUB - The New York Times

At Climate Talks, a Week of Posturing

The meeting unfolded as expected: with much posturing, minor progress and moments of drama. Read more..

By TOM ZELLER Jr - International Herald Tribune

Big Risk in a One-Man Brand Like Tiger Woods

Accenture ended its sponsorship of Tiger Woods, showing that in advertising as in sports, there are no sure things. Read more..

By TIM ARANGO - The New York Times

Chinese Company Seeks to Make Old Saab Models

Beijing Automotive Industry Holding wants the right to make versions of older Saab models. This would not bar a sale of Saab itself. Read more..

By NELSON D. SCHWARTZ - The New York Times

Digital Habits Shift Across Age Groups

Children aren’t the only ones whiling away hours on the Internet; people of retirement age now spend even more time online than youngsters. Read more..

By TEDDY WAYNE - The New York Times

People and Accounts of Note

The Advertising Club of New York is undertaking two initiatives to help find and cultivate young men and women to join and stay part of the ad industry. Read more..

By THE NEW YORK TIMES - The New York Times

Remodeling ABC News, Without Too Much Dust

The moves of Diane Sawyer to “World News,” and George Stephanopoulos to “Good Morning America” have been done with a clearly conscious lack of fanfare by ABC. Read more..

By BILL CARTER - The New York Times

Retailer Asks Holiday Shoppers to Take a Hike

REI is introducing commercials that reminds shoppers just how cold, wet and uncomfortable it can get outside — and just how enjoyable that can turn out to be. Read more..

By STUART ELLIOTT - The New York Times

Something in the Water? Maybe, but Not in the Beer

Breckenridge Brewery spoofs a classic Coors ad to promote its Lucky U India pale ale. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Wells Fargo to Repay U.S., a Coda to the Bailout Era

Hours after Citigroup reached a deal to exit the Troubled Asset Relief Program, Wells Fargo said it would return $25 billion in federal aid. Read more..

By ERIC DASH and ANDREW MARTIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Bristol-Myers SquibbBMY25.8826.1725.6525.9657.5M
Wells Fargo & Co.WFC25.4025.9125.0925.4943.9M
General ElectricGE15.9816.0715.9215.9543.9M
Cisco SystemsCSCO24.0124.1523.8423.8435.4M
JPMorgan ChaseJPM41.0141.9340.7041.7735.3M
Oracle Corp.ORCL22.9623.4422.9123.3132.3M
AT&T Inc.T28.3528.3627.9928.0521.5M
UnitedHealth GroupUNH30.8831.2430.7630.9520.4M
Wal-Mart StoresWMT54.5854.6053.8154.0714.9M
HP Inc.HPQ49.9550.7649.9350.6812.5M
Verizon CommunicationsVZ33.9934.1333.5333.5512.5M
Home DepotHD28.8229.0028.6028.8711.5M
Procter & GamblePG62.5463.0862.3963.019.54M
Abbott LaboratoriesABT53.7854.3153.7553.789.36M
Walt Disney & Co.DIS31.9232.0831.8131.839.23M
Johnson & JohnsonJNJ65.2065.4164.8564.968.17M
International Business MachinesIBM129.65129.98129.60129.935.2M
Gilead SciencesGILD46.4547.1846.4546.965.14M
United TechnologiesUTX69.9069.9869.4769.915M
Union PacificUNP64.6965.4064.4265.282.69M
Berkshire HathawayBRK.B3306.003313.503288.003313.0024.4K
Exchange Rates of December 14th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88.580 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.058 CAD1 CAD = 0.945 USD
US DollarSwiss Franc1 USD = 1.032 CHF1 CHF = 0.969 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 129.840 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.899 GBP1 GBP = 1.113 EUR
EuroAustralian Dollar1 EUR = 1.598 AUD1 AUD = 0.626 EUR
EuroCanadian Dollar1 EUR = 1.552 CAD1 CAD = 0.644 EUR
EuroSwiss Franc1 EUR = 1.512 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 10.007 CNY1 CNY = 0.100 EUR
Japanese YenPound Sterling1 JPY = 0.692 GBP1 GBP = 1.446 JPY
Japanese YenAustralian Dollar1 JPY = 1.230 AUD1 AUD = 0.813 JPY
Japanese YenCanadian Dollar1 JPY = 1.194 CAD1 CAD = 0.837 JPY
Japanese YenSwiss Franc1 JPY = 1.164 CHF1 CHF = 0.859 JPY
Pound SterlingAustralian Dollar1 GBP = 1.778 AUD1 AUD = 0.562 GBP
Pound SterlingCanadian Dollar1 GBP = 1.726 CAD1 CAD = 0.579 GBP
Pound SterlingSwiss Franc1 GBP = 1.682 CHF1 CHF = 0.595 GBP
Pound SterlingChinese Yuan1 GBP = 11.124 CNY1 CNY = 0.090 GBP
Australian DollarCanadian Dollar1 AUD = 0.971 CAD1 CAD = 1.030 AUD
Australian DollarSwiss Franc1 AUD = 0.946 CHF1 CHF = 1.058 AUD
Australian DollarChinese Yuan1 AUD = 6.260 CNY1 CNY = 0.160 AUD
Canadian DollarSwiss Franc1 CAD = 0.974 CHF1 CHF = 1.026 CAD
Canadian DollarChinese Yuan1 CAD = 6.450 CNY1 CNY = 0.155 CAD
Swiss FrancChinese Yuan1 CHF = 6.617 CNY1 CNY = 0.151 CHF

See what else happened on December 14th, 2009