Financial news on January 15th, 2010

Business and Financial news
A Call for More Regulation at Fiscal Crisis Inquiry

The F.B.I. is working on more than 2,800 mortgage fraud investigations, the attorney general told the panel that is examining the financial crisis. Read more..

By SEWELL CHAN - The New York Times

A Window Opens on Pay for Bosses

It looks like disclosure rules that take effect with this year’s proxies from big companies will provide the most accurate view ever. Read more..

By FLOYD NORRIS - The New York Times

Bank Chief Says Greece Gets No Special Treatment

Greece presented a three-year plan to reduce its deficit to 3 percent of gross domestic product, from 12.9 percent in 2009. Read more..

By JACK EWING - The New York Times

Burst of Mobile Giving Adds Millions in Relief Funds

Americans are using their cellphones and social media like Facebook to make a donation to the Haiti relief effort. Read more..

By JENNA WORTHAM - The New York Times

France, Grudgingly, Imagines Google as a Partner on Digital Media Projects

The French government is offering support to Google’s book digitization program in exchange for a tax to support the music industry. Read more..

By ERIC PFANNER - International Herald Tribune

France, Grudgingly, Imagines Google as a Partner on Digital Media Projects

The country’s government, which wants to develop an extensive digital library, has resisted the American search giant’s growing reach. Read more..

By ERIC PFANNER - The New York Times

In a Surprise, Retail Sales Fell in December

Retail sales declined 0.3 percent in December; economists had forecast a 0.5 percent increase. Jobless filings rose last week. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Lawsuit Challenges Marketing of Stents

A former regional sales director for Guidant says in the lawsuit that he was trained to market the devices to doctors for off-label uses. Read more..

By BARRY MEIER - The New York Times

Planned U.S. Tax Might Hurt Europe’s Banks Less

A proposed tax on banks that do business in the United States would hurt foreign banks, but less than domestic institutions. Read more..


Taxing Banks for the Bailout

President Obama said he wanted the tax on big financial institutions to “recover every single dime” for taxpayers. Read more..

By JACKIE CALMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.6816.7516.3516.4474.1M
JPMorgan ChaseJPM44.3044.4343.3443.6869.7M
AT&T Inc.T26.2526.2725.6525.7964M
Cisco SystemsCSCO25.0025.1024.3024.4051.6M
Wells Fargo & Co.WFC28.8228.9027.8828.0847.3M
Verizon CommunicationsVZ31.2031.3230.4530.5846.6M
Oracle Corp.ORCL25.4725.6424.9925.2442.3M
Home DepotHD28.3128.6928.0028.5723M
Johnson & JohnsonJNJ65.1465.2063.9864.5621M
UnitedHealth GroupUNH33.5433.9933.1033.7519.4M
Wal-Mart StoresWMT54.3454.5553.6053.6819.1M
Abbott LaboratoriesABT55.3655.5755.1655.4916.1M
Procter & GamblePG61.6061.8660.4460.8215.8M
Walt Disney & Co.DIS31.0131.1530.4130.6013.9M
Bristol-Myers SquibbBMY25.0525.1824.9025.0713.4M
HP Inc.HPQ52.5952.8552.0652.4713.4M
Gilead SciencesGILD45.2745.9944.7845.529.53M
International Business MachinesIBM132.03132.89131.09131.788.49M
United TechnologiesUTX72.8372.9371.6871.995.34M
Union PacificUNP66.2866.3965.0965.574.34M
Berkshire HathawayBRK.B3315.003315.003236.003247.0051.4K
Exchange Rates of January 15th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.780 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.029 CAD1 CAD = 0.972 USD
US DollarSwiss Franc1 USD = 1.026 CHF1 CHF = 0.975 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 130.590 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.884 GBP1 GBP = 1.131 EUR
EuroAustralian Dollar1 EUR = 1.558 AUD1 AUD = 0.642 EUR
EuroCanadian Dollar1 EUR = 1.480 CAD1 CAD = 0.676 EUR
EuroSwiss Franc1 EUR = 1.476 CHF1 CHF = 0.677 EUR
EuroChinese Yuan1 EUR = 9.820 CNY1 CNY = 0.102 EUR
Japanese YenPound Sterling1 JPY = 0.677 GBP1 GBP = 1.478 JPY
Japanese YenAustralian Dollar1 JPY = 1.192 AUD1 AUD = 0.839 JPY
Japanese YenCanadian Dollar1 JPY = 1.133 CAD1 CAD = 0.883 JPY
Japanese YenSwiss Franc1 JPY = 1.130 CHF1 CHF = 0.885 JPY
Pound SterlingAustralian Dollar1 GBP = 1.762 AUD1 AUD = 0.568 GBP
Pound SterlingCanadian Dollar1 GBP = 1.673 CAD1 CAD = 0.598 GBP
Pound SterlingSwiss Franc1 GBP = 1.669 CHF1 CHF = 0.599 GBP
Pound SterlingChinese Yuan1 GBP = 11.091 CNY1 CNY = 0.090 GBP
Australian DollarCanadian Dollar1 AUD = 0.949 CAD1 CAD = 1.053 AUD
Australian DollarSwiss Franc1 AUD = 0.947 CHF1 CHF = 1.056 AUD
Australian DollarChinese Yuan1 AUD = 6.301 CNY1 CNY = 0.159 AUD
Canadian DollarSwiss Franc1 CAD = 0.997 CHF1 CHF = 1.003 CAD
Canadian DollarChinese Yuan1 CAD = 6.633 CNY1 CNY = 0.151 CAD
Swiss FrancChinese Yuan1 CHF = 6.652 CNY1 CNY = 0.150 CHF

See what else happened on January 15th, 2010