Financial news on December 15, 2011
Business and Financial news
European Central Bank confirms French economist Benoit Coeure to the board; he says bank may have to step up bond purchases. Read more..
Markets fall on euro zone debt fears; Dow Jones industrial average falls 131.46 points, or 1.10 percent, to 11,823.48; Standard & Poor's 500-stock index falls 13.91 points, or 1.13 percent, to 1,211.82; Nasdaq composite index falls 39.96 points, or 1.55 percent, to 2,539.31. Read more..
House and Senate are looking to cut off oxygen for foreign piracy sites that offer free copies of entertainment by taking aim at search engines like Google and Yahoo that allow the pirates to function; Silicon Valley firms, public-interest groups and others argue two bills are so broad and heavy-handed that they threaten to close sites and broadband service providers and stifle free speech, while setting a bad example of American censorship. Read more..
Highlights from the DealBook newsletter. Read more..
Olympus avoids delisting by the Tokyo Stock Exchange by posting the more than $1 billion in losses at the center of a decades-long cover-up; company's auditor is unwilling to give Olympus a clean bill of health, saying firm has been unable to verify all the money flows involved in cover-up. Read more..
Organization of the Petroleum Exporting Countries agrees to increase its production target to 30 million barrels daily, from previous target of 24.5 million; move should have little lasting effect on oil prices. Read more..
Nokia earlier this year teamed up with Microsoft to ship handsets with the new Windows Phone 7 software. Now Nokia has teamed up with T-Mobile. Nokia and T-Mobile executives discussed the new Lumia 710 smartphone. Read more..
Stephen Schlossberg, a onetime garment workers’ organizer who rose to become general counsel of the United Automobile Workers and a top official in the Labor Department under President Ronald Reagan, dies at age 90. Read more..
Sleek online services have emerged that let people create wish lists that can be e-mailed to family and friends, essentially ensuring that they get at least one gift they want; sites are ideal for making last-minute holiday list, but can be used year-round as registries for gift-giving occasions; sampling of sites noted. Read more..
The tech reporters and editors of The New York Times are always searching for interesting items on the Web. Here’s what they found. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16,82 | 16,87 | 16,59 | 16,79 | 61.4M |
Pfizer | PFE | 20,95 | 21,25 | 20,91 | 21,14 | 56.7M |
Microsoft | MSFT | 25,72 | 25,88 | 25,54 | 25,56 | 46.2M |
Oracle Corp. | ORCL | 30,14 | 30,20 | 28,81 | 29,03 | 43.2M |
Cisco Systems | CSCO | 18,17 | 18,25 | 17,93 | 18,04 | 39.8M |
Intel | INTC | 23,58 | 23,67 | 23,25 | 23,31 | 38.7M |
JPMorgan Chase | JPM | 32,10 | 32,28 | 31,57 | 31,76 | 33.5M |
Wells Fargo & Co. | WFC | 26,14 | 26,31 | 25,56 | 25,61 | 32.6M |
Merck | MRK | 35,92 | 36,68 | 35,89 | 36,36 | 31.9M |
AT&T Inc. | T | 28,99 | 29,02 | 28,71 | 28,79 | 25.8M |
ExxonMobil | XOM | 79,93 | 80,60 | 79,78 | 80,03 | 18M |
HP Inc. | HPQ | 26,64 | 26,71 | 26,12 | 26,16 | 17.9M |
Abbott Laboratories | ABT | 54,65 | 54,94 | 54,57 | 54,89 | 17M |
Comcast | CMCSA | 23,28 | 23,56 | 23,25 | 23,29 | 16.1M |
Bristol-Myers Squibb | BMY | 33,98 | 34,40 | 33,94 | 34,27 | 11.6M |
Home Depot | HD | 39,62 | 39,96 | 39,38 | 39,42 | 10.8M |
Verizon Communications | VZ | 38,49 | 38,56 | 38,26 | 38,42 | 10.8M |
Altria | MO | 28,93 | 29,25 | 28,76 | 29,11 | 10.7M |
General Motors | GM | 19,76 | 20,22 | 19,51 | 20,10 | 10.2M |
Walt Disney & Co. | DIS | 35,52 | 35,72 | 34,99 | 35,19 | 9.88M |
Chevron | CVX | 101,23 | 101,60 | 99,32 | 99,67 | 9.67M |
Johnson & Johnson | JNJ | 63,65 | 64,10 | 63,57 | 64,00 | 9.66M |
Procter & Gamble | PG | 64,83 | 65,21 | 64,65 | 64,99 | 9.65M |
UnitedHealth Group | UNH | 47,88 | 48,80 | 47,88 | 48,52 | 9.35M |
Apple | AAPL | 383,33 | 383,74 | 378,31 | 378,94 | 9.15M |
Amgen | AMGN | 58,00 | 59,06 | 57,81 | 58,62 | 8.68M |
Wal-Mart Stores | WMT | 57,83 | 58,40 | 57,83 | 57,95 | 8.56M |
Schlumberger | SLB | 68,08 | 68,48 | 66,18 | 66,33 | 8.45M |
Amazon | AMZN | 182,05 | 184,80 | 179,53 | 181,26 | 7.26M |
Gilead Sciences | GILD | 39,00 | 39,12 | 38,46 | 38,49 | 6.9M |
Coca-Cola | KO | 66,91 | 67,39 | 66,79 | 66,89 | 6.74M |
Pepsico | PEP | 64,03 | 65,10 | 63,94 | 64,85 | 6.42M |
McDonald's | MCD | 98,51 | 98,78 | 97,86 | 98,14 | 5.56M |
Berkshire Hathaway | BRK.B | 76,24 | 76,44 | 74,84 | 74,90 | 5.35M |
Visa | V | 97,32 | 97,32 | 95,57 | 95,82 | 5.26M |
Alphabet | GOOGL | 622,52 | 624,00 | 618,69 | 619,54 | 4.81M |
International Business Machines | IBM | 190,48 | 191,20 | 186,89 | 187,48 | 4.47M |
Boeing | BA | 70,81 | 70,95 | 70,05 | 70,61 | 4.08M |
United Technologies | UTX | 73,60 | 74,03 | 72,92 | 73,53 | 3.81M |
3M | MMM | 79,43 | 79,78 | 78,60 | 78,86 | 3.25M |
Union Pacific | UNP | 100,00 | 100,41 | 97,82 | 98,79 | 3.17M |
ConocoPhillips | COP | 69,00 | 69,32 | 67,96 | 68,29 | 2.05M |
Exchange Rates of December 15, 2011
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 77,860 JPY | 1 JPY = 0,013 USD |
US Dollar | Canadian Dollar | 1 USD = 1,035 CAD | 1 CAD = 0,967 USD |
US Dollar | Swiss Franc | 1 USD = 0,940 CHF | 1 CHF = 1,064 USD |
US Dollar | Chinese Yuan | 1 USD = 6,374 CNY | 1 CNY = 0,157 USD |
Euro | Japanese Yen | 1 EUR = 101,325 JPY | 1 JPY = 0,010 EUR |
Euro | Pound Sterling | 1 EUR = 0,839 GBP | 1 GBP = 1,192 EUR |
Euro | Australian Dollar | 1 EUR = 1,311 AUD | 1 AUD = 0,763 EUR |
Euro | Canadian Dollar | 1 EUR = 1,346 CAD | 1 CAD = 0,743 EUR |
Euro | Swiss Franc | 1 EUR = 1,224 CHF | 1 CHF = 0,817 EUR |
Euro | Chinese Yuan | 1 EUR = 8,251 CNY | 1 CNY = 0,121 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,828 GBP | 1 GBP = 1,208 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,294 AUD | 1 AUD = 0,773 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,328 CAD | 1 CAD = 0,753 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,207 CHF | 1 CHF = 0,828 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,564 AUD | 1 AUD = 0,640 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,605 CAD | 1 CAD = 0,623 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,458 CHF | 1 CHF = 0,686 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9,826 CNY | 1 CNY = 0,102 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 1,026 CAD | 1 CAD = 0,975 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,932 CHF | 1 CHF = 1,073 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6,302 CNY | 1 CNY = 0,159 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,908 CHF | 1 CHF = 1,101 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,131 CNY | 1 CNY = 0,163 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,743 CNY | 1 CNY = 0,148 CHF |
See what else happened on December 15, 2011