Financial news on October 14, 2009

Business and Financial news
A Rare Building Boom Up North

An unusual burst of construction has rejuvenated the lower edge of the Bay Street financial district of Toronto after years of little activity. Read more..

By ALBERT WARSON - The New York Times

Assessing Cisco’s Growth Strategy

Cisco’s shareholders have watched the value of their stock decline by roughly a third over the last decade. Read more..

By ROBERT CYRAN and LAUREN SILVA LAUGHLIN - The New York Times

BlackBerry, Upgraded, Aims to Suit Every User

The Storm was supposed to be the smartphone that would keep Verizon Wireless customers from deserting to Apple’s iPhone, which runs on AT&T’s network. Read more..

By SAUL HANSELL and IAN AUSTEN - The New York Times

Bloomberg Buys BusinessWeek From McGraw-Hill

The troubled 80-year-old title will continue to be a weekly print publication, rechristened Bloomberg BusinessWeek. Read more..

By STEPHANIE CLIFFORD and DAVID CARR - The New York Times

Cameras That Dazzle, and Dismay

New cameras from Samsung and Nikon offer sparkling abilities, but the pictures need some oomph. Read more..

By DAVID POGUE - The New York Times

Hybrid Cars May Include Fake Vroom for Safety

Makers of hybrid and electric vehicles are working to let them emit sounds, so people can hear them approaching. Read more..

By JIM MOTAVALLI - The New York Times

In a Case Turning on Financial Ills, a Search for Jurors

Difficulties arose for a criminal trial of two former executives of Bear Stearns accused of lying to investors about the state of hedge funds they oversaw. Read more..

By ZACHERY KOUWE - The New York Times

In Recession, China Solidifies Its Lead in Global Trade

Aided by demand for low-cost goods in the recession and a government that staunchly supports exports, China’s grip on world trade has strengthened. Read more..

By DAVID BARBOZA - The New York Times

Shares Wander Ahead of Bank Earnings

Shares on Wall Street were mixed as gold prices continued to soar and the dollar fell against other major currencies. Read more..

By JACK HEALY - The New York Times

Still Hoping to Sell Music by the Month

Entrepreneurs with various approaches say they believe they can finally make online music subscriptions work. Read more..

By BRAD STONE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.26 21.27 20.78 20.83 165M
Pfizer PFE 16.87 17.60 16.65 17.37 136M
General Electric GE 16.77 16.87 16.56 16.84 92.6M
JPMorgan Chase JPM 47.19 47.47 46.63 47.16 70.4M
Wells Fargo & Co. WFC 30.70 31.43 30.39 31.34 62.9M
Cisco Systems CSCO 24.26 24.50 24.18 24.38 49.2M
Microsoft MSFT 26.14 26.20 25.82 25.96 45.4M
Oracle Corp. ORCL 21.17 21.50 21.12 21.19 41.2M
Merck MRK 32.74 33.01 32.32 32.90 36.6M
AT&T Inc. T 26.22 26.25 25.78 25.83 32.7M
Abbott Laboratories ABT 50.72 51.49 50.24 51.20 27.8M
Verizon Communications VZ 29.26 29.26 28.83 28.94 27.3M
ExxonMobil XOM 70.84 71.88 70.75 71.84 25.3M
Comcast CMCSA 15.49 15.54 15.26 15.36 25.3M
ConocoPhillips COP 51.34 51.47 50.68 50.84 21.4M
Johnson & Johnson JNJ 61.21 61.24 60.14 60.55 19M
Home Depot HD 27.76 28.02 27.32 27.38 17.5M
Wal-Mart Stores WMT 50.63 50.64 50.10 50.19 16.1M
HP Inc. HPQ 47.50 47.98 47.37 47.89 14.6M
Apple AAPL 192.25 192.32 190.23 191.29 13.4M
Altria MO 18.20 18.28 18.08 18.23 12.1M
UnitedHealth Group UNH 24.62 24.93 24.35 24.87 9.8M
International Business Machines IBM 127.71 128.61 126.60 128.35 9.55M
Walt Disney & Co. DIS 28.69 29.00 28.48 28.91 9.54M
Chevron CVX 74.88 75.74 74.55 75.46 9.28M
Schlumberger SLB 64.97 66.18 64.91 66.04 9M
Bristol-Myers Squibb BMY 22.67 22.99 22.62 22.94 8.53M
Pepsico PEP 60.94 61.68 60.70 61.62 8.46M
Procter & Gamble PG 57.49 57.49 57.03 57.31 8.39M
Coca-Cola KO 54.92 55.03 54.59 54.84 8.04M
McDonald's MCD 57.40 57.93 57.39 57.50 7.58M
Visa V 74.83 75.25 73.79 74.80 6.78M
Amgen AMGN 59.35 60.77 59.35 60.57 6.69M
Alphabet GOOGL 532.46 535.58 530.00 535.32 6.51M
Gilead Sciences GILD 45.78 46.27 45.48 46.05 6.4M
Amazon AMZN 96.22 97.82 96.02 97.46 5.56M
United Technologies UTX 62.74 63.87 62.25 63.76 5.24M
Union Pacific UNP 60.73 62.91 60.73 62.86 5.23M
Boeing BA 52.31 52.55 51.57 52.51 4.65M
3M MMM 75.35 76.93 75.07 76.57 4.12M
Berkshire Hathaway BRK.B 3320.00 3355.00 3312.00 3353.00 35.2K
Exchange Rates of October 14, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 89.310 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.024 CAD 1 CAD = 0.976 USD
US Dollar Swiss Franc 1 USD = 1.014 CHF 1 CHF = 0.986 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 133.390 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.933 GBP 1 GBP = 1.072 EUR
Euro Australian Dollar 1 EUR = 1.630 AUD 1 AUD = 0.613 EUR
Euro Canadian Dollar 1 EUR = 1.530 CAD 1 CAD = 0.654 EUR
Euro Swiss Franc 1 EUR = 1.514 CHF 1 CHF = 0.660 EUR
Euro Chinese Yuan 1 EUR = 10.194 CNY 1 CNY = 0.098 EUR
Japanese Yen Pound Sterling 1 JPY = 0.699 GBP 1 GBP = 1.430 JPY
Japanese Yen Australian Dollar 1 JPY = 1.222 AUD 1 AUD = 0.818 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.146 CAD 1 CAD = 0.872 JPY
Japanese Yen Swiss Franc 1 JPY = 1.135 CHF 1 CHF = 0.881 JPY
Pound Sterling Australian Dollar 1 GBP = 1.748 AUD 1 AUD = 0.572 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.639 CAD 1 CAD = 0.610 GBP
Pound Sterling Swiss Franc 1 GBP = 1.623 CHF 1 CHF = 0.616 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.938 CAD 1 CAD = 1.066 AUD
Australian Dollar Swiss Franc 1 AUD = 0.929 CHF 1 CHF = 1.077 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.252 CNY 1 CNY = 0.160 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.989 CHF 1 CHF = 1.011 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.668 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.729 CNY 1 CNY = 0.149 CHF

See what else happened on October 14, 2009