Financial news on February 14, 2012

Business and Financial news
Airbus Worried About Fallout of E.U. Plan to Charge for Airline Emissions

Ahead of the Singapore Airshow, the Airbus chief executive expressed concern that the European plan could lead to a full-blown trade war. Read more..

By REUTERS - International Herald Tribune

Among the Highfliers, a True Sky Walker

Frequent Flier column features Garrett Reisman, a former astronaut who has logged 107 days in space, discusses more conventional earth-bound air travel. Read more..

By GARRETT REISMAN - The New York Times

Business Day Live | February 14, 2012

Joseph Kahn on the visit of China's vice president; Portugal pays its bills but gets further in debt, Landon Thomas Jr. reports; Evelyn M. Rusli previews earnings for the Internet bellwether Zynga. Read more..

Mac William Bishop, Pedro Rosado and Nadia Sussman - The New York Times

Chinese Official Brushes Aside Calls to Buy European Debt

The head of China's $410 billion sovereign wealth fund said such investments were "difficult" for long-term investors, but he expressed interest in infrastructure and industrial assets. Read more..

By REUTERS - International Herald Tribune

Critics Question Record of Monitor Selected by Apple

Fair Labor Association, hired by Apple to examine worker conditions at the plants of its suppliers, has been criticized by labor groups as ineffective; association was founded in 1999, by universities and non-profit groups, along with Nike, Liz Claiborne and several other American apparel companies in an effort to eliminate workplace abuses, but labor advocates say the group has done little to improve conditions worldwide. Read more..

By STEVEN GREENHOUSE - The New York Times

Flaw Found in an Online Encryption Method

A study of a widely used security system for Internet shopping, banking and other services showed that it failed to work correctly in a small number of cases. Read more..

By JOHN MARKOFF - The New York Times

For California, Attorney General Insisted on Better Terms in Foreclosure Deal

California Attorney General Kamala D Harris' bet that holding out on settlement talks with big banks over home foreclosure abuses pays off, with California set to receive the largest share of benefits; California homeowners are guaranteed $12 billion in debt reduction; critics say California, the state with the greatest number of troubled home loans in the United States, would have received the same amount regardless of Harris, but deal is a political win for Harris, a rising Democratic star and a potential candidate for governor. Read more..

By SHAILA DEWAN - The New York Times

Handy Travel Tips From Those in the Know

Joe Sharkey On The Road column offers tips from experts on being prepared for air travel. Read more..

By JOE SHARKEY - The New York Times

Olympus Forecasts Loss for Its Financial Year

The loss estimate for the financial year ending in March, ¥32 billion, highlights the urgent need for Olympus to shore up its finances after its $1.7 billion accounting scandal. Read more..

By REUTERS - International Herald Tribune

Spare Time, Strange City

Smartphone apps for travelers on layovers in strange cities can now direct them to interesting and exciting ways to kill time, like museums and clubs, as well as offer useful tips, such as where gas stations and banks are located. Read more..

By JULIE WEED - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 30,33 30,46 29,85 30,25 59.6M
General Electric GE 18,93 19,09 18,80 18,94 39.2M
Cisco Systems CSCO 19,90 20,07 19,83 20,07 31.9M
Oracle Corp. ORCL 28,32 28,45 28,03 28,24 30.3M
JPMorgan Chase JPM 38,23 38,26 37,44 37,92 27M
Intel INTC 26,57 26,78 26,50 26,78 25.4M
Pfizer PFE 21,30 21,42 21,17 21,33 25.3M
Wells Fargo & Co. WFC 30,33 30,53 30,02 30,42 23.5M
AT&T Inc. T 30,12 30,15 29,85 30,07 21.6M
Comcast CMCSA 27,22 27,36 26,93 27,25 16.7M
Apple AAPL 504,66 509,56 502,00 509,46 16.4M
ExxonMobil XOM 84,42 84,71 83,85 84,67 13M
Pepsico PEP 63,52 63,98 63,29 63,52 12.6M
Abbott Laboratories ABT 55,16 55,20 54,74 55,08 11.7M
Merck MRK 38,11 38,24 37,95 38,21 11.2M
HP Inc. HPQ 28,70 29,08 28,63 29,08 11M
ConocoPhillips COP 72,62 73,91 72,61 73,60 10.6M
Verizon Communications VZ 38,03 38,14 37,75 38,04 10.2M
General Motors GM 25,21 25,45 25,00 25,40 9.89M
Amazon AMZN 191,08 193,57 186,10 191,30 9.53M
Johnson & Johnson JNJ 64,75 64,86 64,33 64,61 8.98M
Altria MO 29,22 29,30 29,07 29,27 8.74M
Walt Disney & Co. DIS 41,50 41,62 41,26 41,60 8.21M
Bristol-Myers Squibb BMY 31,91 32,03 31,66 31,85 8.16M
Home Depot HD 45,86 46,21 45,68 46,06 7.72M
Gilead Sciences GILD 54,27 54,90 54,16 54,56 7.32M
Procter & Gamble PG 64,10 64,48 64,09 64,48 7M
Coca-Cola KO 68,47 68,93 68,10 68,90 6.3M
UnitedHealth Group UNH 53,90 54,49 53,57 54,46 5.98M
Chevron CVX 106,25 106,53 105,57 106,49 5.97M
Wal-Mart Stores WMT 61,91 62,24 61,79 62,22 5.17M
Boeing BA 75,51 75,57 74,90 75,56 4.65M
Visa V 112,11 115,25 112,09 115,24 4.49M
Schlumberger SLB 77,71 77,98 76,95 77,80 4.41M
Amgen AMGN 67,84 68,02 67,50 67,84 4.27M
Berkshire Hathaway BRK.B 79,28 79,30 78,24 78,92 4.22M
Alphabet GOOGL 611,54 612,00 604,76 609,76 3.6M
United Technologies UTX 84,46 84,65 83,97 84,64 3.56M
McDonald's MCD 99,51 99,64 98,95 99,55 3.52M
International Business Machines IBM 191,76 192,60 190,83 192,22 3.4M
3M MMM 87,60 88,00 87,22 87,99 2.85M
Union Pacific UNP 112,77 113,72 111,88 113,17 2.25M
Exchange Rates of February 14, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 78,420 JPY 1 JPY = 0,013 USD
US Dollar Canadian Dollar 1 USD = 0,999 CAD 1 CAD = 1,001 USD
US Dollar Swiss Franc 1 USD = 0,920 CHF 1 CHF = 1,088 USD
US Dollar Chinese Yuan 1 USD = 6,300 CNY 1 CNY = 0,159 USD
Euro Japanese Yen 1 EUR = 102,980 JPY 1 JPY = 0,010 EUR
Euro Pound Sterling 1 EUR = 0,837 GBP 1 GBP = 1,195 EUR
Euro Australian Dollar 1 EUR = 1,228 AUD 1 AUD = 0,814 EUR
Euro Canadian Dollar 1 EUR = 1,311 CAD 1 CAD = 0,763 EUR
Euro Swiss Franc 1 EUR = 1,207 CHF 1 CHF = 0,828 EUR
Euro Chinese Yuan 1 EUR = 8,261 CNY 1 CNY = 0,121 EUR
Japanese Yen Pound Sterling 1 JPY = 0,812 GBP 1 GBP = 1,231 JPY
Japanese Yen Australian Dollar 1 JPY = 1,192 AUD 1 AUD = 0,839 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,273 CAD 1 CAD = 0,786 JPY
Japanese Yen Swiss Franc 1 JPY = 1,172 CHF 1 CHF = 0,853 JPY
Pound Sterling Australian Dollar 1 GBP = 1,468 AUD 1 AUD = 0,681 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,567 CAD 1 CAD = 0,638 GBP
Pound Sterling Swiss Franc 1 GBP = 1,443 CHF 1 CHF = 0,693 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,877 CNY 1 CNY = 0,101 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,068 CAD 1 CAD = 0,937 AUD
Australian Dollar Swiss Franc 1 AUD = 0,983 CHF 1 CHF = 1,017 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,727 CNY 1 CNY = 0,149 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,920 CHF 1 CHF = 1,086 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,301 CNY 1 CNY = 0,159 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,841 CNY 1 CNY = 0,146 CHF

See what else happened on February 14, 2012