Financial news on September 15, 2010
Business and Financial news
Air Products’ three nominees won election to the board of Airgas, signaling shareholder support of its takeover bid. Read more..
Workers at a Honda manufacturing plant in China have gone on strike against the company. Battling low pay and an increased work load, the young employees hope to improve their frugal lives. Read more..
China will introduce credit-default swaps by year-end, allowing banks to hedge risk while restricting the contracts to avoid pitfalls the U.S. credit markets experienced over the last several years. Read more..
Citigroup’s private bank has hired a Union Bancaire Privee hedge fund executive as head of management investments and advisory for Asia-Pacific, Reuters reported, citing an internal memo. Read more..
The treasury secretary plans to testify on Thursday that China has kept the value of its currency artificially low. Read more..
Unionized and white-collar workers earned pensions while at a G.M. spinoff, but when the government took over their failing pension plans, only the union retirees were spared. Read more..
Lehman Brothers is a business again two years after declaring the biggest bankruptcy in history, with billions of dollars in cash, 500 employees, real estate and investments in other bankruptcies, Bloomberg News reports. Read more..
Taiwan’s China Development Industrial Bank (CDIB) has sued Morgan Stanley in a U.S. court to recover millions of dollars in losses it suffered from its investment in a residential mortgage product. Read more..
Northern Irish militant group the Real I.R.A. have issued a warning against all banks and bankers, labelling them “criminals,” leaders of the organization told the Guardian in an interview. Read more..
An Iowa farm received hundreds of positive results for salmonella in the two years before its eggs sickened more than 1,500 people, investigators said. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16.07 | 16.47 | 15.97 | 16.34 | 68.6M |
Cisco Systems | CSCO | 21.54 | 21.86 | 21.49 | 21.59 | 60.9M |
Microsoft | MSFT | 25.10 | 25.22 | 24.92 | 25.12 | 56.2M |
Intel | INTC | 18.73 | 18.77 | 18.54 | 18.72 | 56.1M |
Pfizer | PFE | 17.07 | 17.36 | 17.03 | 17.27 | 55.2M |
Comcast | CMCSA | 17.68 | 18.41 | 17.50 | 18.04 | 45.5M |
Oracle Corp. | ORCL | 25.27 | 25.79 | 25.17 | 25.74 | 37.6M |
Wells Fargo & Co. | WFC | 25.72 | 26.44 | 25.61 | 26.34 | 32.6M |
JPMorgan Chase | JPM | 40.51 | 41.14 | 40.34 | 40.98 | 25.4M |
HP Inc. | HPQ | 39.30 | 40.04 | 39.14 | 39.62 | 24.1M |
AT&T Inc. | T | 27.91 | 28.15 | 27.78 | 28.01 | 19.2M |
ExxonMobil | XOM | 60.76 | 61.03 | 60.36 | 61.00 | 18.8M |
Verizon Communications | VZ | 30.90 | 31.21 | 30.75 | 31.19 | 15.8M |
Schlumberger | SLB | 58.52 | 59.43 | 57.28 | 58.19 | 15.8M |
Apple | AAPL | 268.17 | 270.38 | 267.84 | 270.22 | 15.3M |
Merck | MRK | 36.52 | 36.87 | 36.24 | 36.51 | 11.5M |
UnitedHealth Group | UNH | 34.50 | 34.60 | 33.97 | 34.27 | 11.2M |
Visa | V | 67.72 | 69.50 | 67.60 | 68.93 | 10.8M |
Altria | MO | 23.47 | 23.78 | 23.40 | 23.68 | 10.6M |
Wal-Mart Stores | WMT | 52.47 | 53.10 | 52.41 | 52.86 | 10.2M |
Home Depot | HD | 29.78 | 30.01 | 29.65 | 29.94 | 9.8M |
Abbott Laboratories | ABT | 51.36 | 51.75 | 51.15 | 51.66 | 9.56M |
Procter & Gamble | PG | 60.56 | 61.41 | 60.53 | 61.11 | 9.19M |
Johnson & Johnson | JNJ | 60.67 | 61.15 | 60.50 | 61.05 | 9.11M |
Coca-Cola | KO | 57.37 | 57.60 | 57.22 | 57.42 | 8.7M |
ConocoPhillips | COP | 55.07 | 55.63 | 54.73 | 55.56 | 8.7M |
Bristol-Myers Squibb | BMY | 26.92 | 27.08 | 26.80 | 27.01 | 8.57M |
Walt Disney & Co. | DIS | 34.01 | 34.42 | 33.88 | 34.21 | 7.26M |
Chevron | CVX | 79.06 | 79.33 | 78.52 | 79.21 | 7.24M |
Gilead Sciences | GILD | 34.58 | 34.89 | 34.28 | 34.84 | 5.57M |
Amgen | AMGN | 54.22 | 55.41 | 54.07 | 55.30 | 5.08M |
Boeing | BA | 62.49 | 62.79 | 61.89 | 62.73 | 4.93M |
Amazon | AMZN | 144.88 | 145.62 | 143.56 | 145.45 | 4.9M |
Alphabet | GOOGL | 479.95 | 481.89 | 478.50 | 480.64 | 4.8M |
International Business Machines | IBM | 128.65 | 129.96 | 128.54 | 129.43 | 4.76M |
Pepsico | PEP | 65.83 | 66.54 | 65.76 | 66.50 | 4.74M |
McDonald's | MCD | 73.72 | 74.83 | 73.71 | 74.71 | 4.55M |
Berkshire Hathaway | BRK.B | 82.98 | 83.54 | 82.34 | 83.48 | 4.44M |
United Technologies | UTX | 68.70 | 68.70 | 68.05 | 68.27 | 3.69M |
Union Pacific | UNP | 79.14 | 80.15 | 78.87 | 79.08 | 3.51M |
3M | MMM | 84.47 | 84.75 | 83.62 | 84.58 | 2.18M |
Exchange Rates of September 15, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 85.740 JPY | 1 JPY = 0.012 USD |
US Dollar | Canadian Dollar | 1 USD = 1.026 CAD | 1 CAD = 0.975 USD |
US Dollar | Swiss Franc | 1 USD = 1.003 CHF | 1 CHF = 0.997 USD |
US Dollar | Chinese Yuan | 1 USD = 6.739 CNY | 1 CNY = 0.148 USD |
Euro | Japanese Yen | 1 EUR = 111.560 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.832 GBP | 1 GBP = 1.201 EUR |
Euro | Australian Dollar | 1 EUR = 1.388 AUD | 1 AUD = 0.721 EUR |
Euro | Canadian Dollar | 1 EUR = 1.335 CAD | 1 CAD = 0.749 EUR |
Euro | Swiss Franc | 1 EUR = 1.305 CHF | 1 CHF = 0.766 EUR |
Euro | Chinese Yuan | 1 EUR = 8.769 CNY | 1 CNY = 0.114 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.746 GBP | 1 GBP = 1.341 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.243 AUD | 1 AUD = 0.805 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.196 CAD | 1 CAD = 0.836 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.170 CHF | 1 CHF = 0.855 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.667 AUD | 1 AUD = 0.600 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.603 CAD | 1 CAD = 0.624 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.568 CHF | 1 CHF = 0.638 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.524 CNY | 1 CNY = 0.095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.962 CAD | 1 CAD = 1.040 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.941 CHF | 1 CHF = 1.063 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.323 CNY | 1 CNY = 0.158 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.977 CHF | 1 CHF = 1.023 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.571 CNY | 1 CNY = 0.152 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.716 CNY | 1 CNY = 0.149 CHF |
See what else happened on September 15, 2010