Financial news on October 15, 2010

Business and Financial news
Dollar Dips as Indexes Pull Back

But some technology stocks rallied on takeover rumors and better earnings reports from companies like Google. Read more..

By BLOOMBERG NEWS - The New York Times

From a Maine House, a National Foreclosure Freeze

A volunteer’s work helped put one house at the center of a furor over foreclosures. Read more..

By DAVID STREITFELD - The New York Times

Growing Interest, Despite Questions, in Jon Stewart’s Rally

Whether the Rally to Restore Sanity is meant to be political or entertaining, it will be covered by most national news organizations and copied around the world. Read more..

By BILL CARTER - The New York Times

Last-Ditch Efforts in Dallas to Close Liverpool Deal

Liverpool F.C. fans are holding their breath as a Texas judge is set to decide Friday morning whether to lift his injunction against the sale of the soccer team. If he does, the deal would close within hours. Read more..

By CHRIS V. NICHOLSON - The New York Times

Madoff’s Palm Beach Home Close to Sale

The waterfront house belonging to the imprisoned financier and his wife, which has been on the market since September of last year, is under contract for an undisclosed sum. Read more..

By DEALBOOK - The New York Times

Medtronic to Settle Lawsuits Over Devices Tied to Deaths

The maker of heart devices agreed to pay $268 million to settle “virtually all” claims in the United States over defective defibrillator wires. Read more..

By BLOOMBERG NEWS - The New York Times

Post-Recalls, a New Way to Clean the Greens

After three recalls this year, Fresh Express has begun washing lettuce, spinach and other greens with a new mix that it said was far better at attacking bacteria. Read more..

By WILLIAM NEUMAN - The New York Times

Regulators Oppose BHP-Rio Joint Venture

Germany’s antitrust agency said Friday it had warned BHP Billiton and Rio Tinto that it planned to block their $116 billion joint venture to produce iron ore in Western Australia. Read more..

By JAMES KANTER - The New York Times

Republican Candidate Has Big Friend in Elliott

One in four dollars raised by Daniel M. Donovan Jr., the Republican candidate for New York attorney general, can be traced to Elliott Management, the $17 billion hedge fund whose chief has emerged as a staunch and influential defender of Wall Street. Read more..

By DEALBOOK - The New York Times

Settlement May Be Near in Countrywide Fraud Case

Talks over settling at least part of the securities fraud lawsuit filed by the Securities and Exchange Commission against three former executives of the Countrywide Financial Corporation have intensified, two people involved with the case said Thursday. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.78 16.79 16.15 16.30 205M
Wells Fargo & Co. WFC 25.00 25.00 23.37 23.58 145M
JPMorgan Chase JPM 38.87 38.94 36.54 37.15 142M
Microsoft MSFT 25.36 25.55 25.23 25.54 69M
Intel INTC 19.44 19.47 19.20 19.32 64.1M
Oracle Corp. ORCL 28.47 28.91 28.16 28.90 54.8M
Cisco Systems CSCO 23.24 23.40 23.00 23.36 50.3M
Comcast CMCSA 18.49 19.01 18.34 18.95 46M
Pfizer PFE 17.79 17.85 17.62 17.75 39.8M
AT&T Inc. T 28.68 28.71 28.20 28.33 35.3M
Apple AAPL 307.44 315.00 304.91 314.74 32.9M
Verizon Communications VZ 32.68 32.80 32.17 32.43 31.2M
Alphabet GOOGL 599.27 601.64 591.60 601.45 29.6M
ExxonMobil XOM 65.64 65.65 64.82 65.19 25.5M
HP Inc. HPQ 42.39 42.84 42.12 42.82 23.6M
Altria MO 24.89 25.00 24.82 24.88 20.7M
Bristol-Myers Squibb BMY 27.62 27.72 27.18 27.20 19.5M
Abbott Laboratories ABT 53.37 53.75 53.11 53.17 16.5M
Merck MRK 37.27 37.44 36.76 36.95 15M
Gilead Sciences GILD 37.20 37.84 37.00 37.73 13.8M
Johnson & Johnson JNJ 63.98 64.00 63.14 63.57 13.3M
Home Depot HD 31.00 31.08 30.42 30.70 12.9M
Wal-Mart Stores WMT 53.36 53.58 53.02 53.35 12.6M
Schlumberger SLB 64.71 64.88 63.52 64.50 11.6M
ConocoPhillips COP 60.68 60.87 60.00 60.78 11.3M
Amgen AMGN 55.26 56.81 55.02 56.71 11.2M
Amazon AMZN 158.42 164.88 156.75 164.64 10.1M
Procter & Gamble PG 62.97 63.00 62.55 62.76 9.94M
Coca-Cola KO 59.96 59.98 59.74 59.94 9.85M
Walt Disney & Co. DIS 35.04 35.15 34.56 34.88 9.64M
Chevron CVX 84.39 84.54 83.12 83.61 9.5M
UnitedHealth Group UNH 36.01 36.23 35.77 35.98 7.83M
International Business Machines IBM 142.10 142.10 140.54 141.06 7.22M
Pepsico PEP 66.89 67.00 66.46 66.68 6.27M
McDonald's MCD 77.47 77.77 76.93 77.48 6.26M
Berkshire Hathaway BRK.B 84.11 84.25 82.97 83.37 5.86M
Boeing BA 71.85 71.90 70.05 70.11 5.64M
United Technologies UTX 74.34 74.87 73.40 74.10 4.67M
Visa V 77.76 77.90 76.62 77.60 3.59M
3M MMM 89.75 89.89 88.37 89.14 3.1M
Union Pacific UNP 86.76 86.97 85.00 85.21 2.88M
Exchange Rates of October 15, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.440 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.010 CAD 1 CAD = 0.990 USD
US Dollar Swiss Franc 1 USD = 0.959 CHF 1 CHF = 1.043 USD
US Dollar Chinese Yuan 1 USD = 6.642 CNY 1 CNY = 0.151 USD
Euro Japanese Yen 1 EUR = 113.820 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.874 GBP 1 GBP = 1.144 EUR
Euro Australian Dollar 1 EUR = 1.410 AUD 1 AUD = 0.709 EUR
Euro Canadian Dollar 1 EUR = 1.411 CAD 1 CAD = 0.709 EUR
Euro Swiss Franc 1 EUR = 1.340 CHF 1 CHF = 0.746 EUR
Euro Chinese Yuan 1 EUR = 9.282 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.767 GBP 1 GBP = 1.303 JPY
Japanese Yen Australian Dollar 1 JPY = 1.238 AUD 1 AUD = 0.808 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.239 CAD 1 CAD = 0.807 JPY
Japanese Yen Swiss Franc 1 JPY = 1.177 CHF 1 CHF = 0.850 JPY
Pound Sterling Australian Dollar 1 GBP = 1.614 AUD 1 AUD = 0.620 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.615 CAD 1 CAD = 0.619 GBP
Pound Sterling Swiss Franc 1 GBP = 1.533 CHF 1 CHF = 0.652 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.609 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.001 CAD 1 CAD = 0.999 AUD
Australian Dollar Swiss Franc 1 AUD = 0.949 CHF 1 CHF = 1.053 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.578 CNY 1 CNY = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.949 CHF 1 CHF = 1.054 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.576 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.927 CNY 1 CNY = 0.144 CHF

See what else happened on October 15, 2010