Financial news on July 15, 2009

Business and Financial news
7-Eleven Sees an Opportunity to Open Doors

The convenience store chain is taking advantage of a weakened real estate market with a plan to open more than 200 new stores nationwide. Read more..

By JANE L. LEVERE - The New York Times

Calpers Sues Over Ratings of Securities

The public pension fund has filed suit in California in connection with $1 billion in losses that it says were caused by “wildly inaccurate” credit ratings from the three leading ratings agencies. Read more..

By LESLIE WAYNE - The New York Times

Ex-G.M. Chief to Get $8.5 Million in Retirement Pay

Rick Wagoner, ousted in March, was eligible for $20.2 million, but took a cut consistent with that of other retirees. Read more..

By BLOOMBERG NEWS - The New York Times

Intel’s Results Give Hope to Industry

The chip company reported second-quarter sales of $8 billion, which analysts say indicate how well the overall computer industry is doing. Read more..

By ASHLEE VANCE - The New York Times

Janus Capital Chief Resigns After 3-Year Shake-Up at Firm

Gary Black resigned after a three-year battle to cut the pay and influence of individual mutual fund mangers. Read more..

By BLOOMBERG NEWS - The New York Times

Office to Aid Consumers Draws Fire and Support

At a Senate hearing, critics cited the broad powers of the president’s proposed regulatory agency, and backers said regulation is needed. Read more..

By ANDREA FULLER - The New York Times

Singapore's Economy Stages Comeback in Second Quarter

Gross domestic product grew at an annualized rate of 20.4 percent in the April-June period, compared with the previous quarter, prompting an official revision of the full-year growth forecasts. Read more..

By BETTINA WASSENER - International Herald Tribune

With Big Profit, Goldman Sees Big Payday Ahead

The bank posted the richest quarterly profit in its 140-year history and announced its plans to pay huge bonuses this year. Read more..

By GRAHAM BOWLEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 17.99 18.19 17.72 18.05 186M
General Electric GE 11.92 12.28 11.86 12.24 92.2M
Wells Fargo & Co. WFC 24.72 25.47 24.65 25.30 91M
Cisco Systems CSCO 19.32 19.88 19.16 19.81 87.9M
JPMorgan Chase JPM 35.11 36.77 35.01 36.26 84.1M
Microsoft MSFT 23.75 24.12 23.56 24.12 67.2M
Abbott Laboratories ABT 45.70 45.80 44.23 45.28 54M
Pfizer PFE 14.97 15.05 14.69 15.02 43.6M
Oracle Corp. ORCL 20.82 21.53 20.77 21.51 32.3M
ExxonMobil XOM 67.20 68.51 66.89 68.44 29.7M
AT&T Inc. T 23.59 24.00 23.56 23.97 25.7M
Merck MRK 27.34 27.76 26.82 27.71 20.5M
Verizon Communications VZ 29.11 29.59 29.01 29.34 19.2M
Altria MO 16.75 16.89 16.61 16.85 18.9M
Wal-Mart Stores WMT 48.35 48.57 47.96 48.55 18.7M
ConocoPhillips COP 41.18 41.80 41.07 41.64 18M
HP Inc. HPQ 38.00 38.85 37.80 38.82 17.5M
Apple AAPL 145.04 147.00 144.32 146.88 17.3M
Comcast CMCSA 13.67 14.12 13.55 14.10 15.7M
Procter & Gamble PG 53.61 54.73 53.50 54.65 15.2M
Home Depot HD 23.88 24.14 23.64 24.08 13.9M
Chevron CVX 64.15 64.73 64.00 64.57 13.6M
Bristol-Myers Squibb BMY 19.54 19.93 19.36 19.86 13.5M
Johnson & Johnson JNJ 58.46 59.00 58.22 58.96 13M
UnitedHealth Group UNH 25.06 25.09 24.15 24.91 12.5M
Walt Disney & Co. DIS 23.37 24.13 23.37 24.08 12.1M
McDonald's MCD 57.48 57.49 56.71 57.08 11.9M
Schlumberger SLB 52.80 54.79 52.78 54.56 11.7M
Amgen AMGN 58.36 58.38 57.24 57.87 10.2M
Coca-Cola KO 49.47 50.58 49.39 50.53 10.1M
Visa V 61.00 62.75 60.67 62.65 9.12M
International Business Machines IBM 104.75 107.22 104.60 107.22 8.7M
Gilead Sciences GILD 45.39 46.04 44.91 45.82 8.31M
Boeing BA 40.77 41.46 40.51 41.36 7.87M
Pepsico PEP 56.54 57.31 56.30 57.28 7.68M
Alphabet GOOGL 429.66 438.68 428.49 438.17 7.55M
United Technologies UTX 52.23 53.93 52.02 53.75 6.64M
Amazon AMZN 83.00 84.64 82.78 84.55 6.34M
Union Pacific UNP 53.97 55.85 53.70 55.66 5.48M
3M MMM 61.20 62.15 60.94 62.00 5.02M
Berkshire Hathaway BRK.B 2892.50 2963.00 2890.00 2940.00 36.4K
Exchange Rates of July 15, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 94.230 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.113 CAD 1 CAD = 0.899 USD
US Dollar Swiss Franc 1 USD = 1.075 CHF 1 CHF = 0.930 USD
US Dollar Chinese Yuan 1 USD = 6.833 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 132.920 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.859 GBP 1 GBP = 1.165 EUR
Euro Australian Dollar 1 EUR = 1.755 AUD 1 AUD = 0.570 EUR
Euro Canadian Dollar 1 EUR = 1.570 CAD 1 CAD = 0.637 EUR
Euro Swiss Franc 1 EUR = 1.516 CHF 1 CHF = 0.660 EUR
Euro Chinese Yuan 1 EUR = 9.637 CNY 1 CNY = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.646 GBP 1 GBP = 1.548 JPY
Japanese Yen Australian Dollar 1 JPY = 1.320 AUD 1 AUD = 0.757 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.181 CAD 1 CAD = 0.847 JPY
Japanese Yen Swiss Franc 1 JPY = 1.141 CHF 1 CHF = 0.877 JPY
Pound Sterling Australian Dollar 1 GBP = 2.043 AUD 1 AUD = 0.489 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.827 CAD 1 CAD = 0.547 GBP
Pound Sterling Swiss Franc 1 GBP = 1.765 CHF 1 CHF = 0.567 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.894 CAD 1 CAD = 1.119 AUD
Australian Dollar Swiss Franc 1 AUD = 0.863 CHF 1 CHF = 1.158 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.491 CNY 1 CNY = 0.182 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.966 CHF 1 CHF = 1.036 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.137 CNY 1 CNY = 0.163 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.356 CNY 1 CNY = 0.157 CHF

See what else happened on July 15, 2009