Financial news on February 16th, 2010
Business and Financial news
Bharti Airtel’s plan to buy the African assets of Zain worried investors who fear the company can’t afford it. Read more..
Bharti Airtel, the largest Indian mobile phone company by subscribers, confirmed on Monday that it is in talks to buy the African assets of the Kuwaiti telecom company Zain for about $10.7 billion. Read more..
Drug makers are pursuing a consumer base in markets like Asia and Latin America, where many pay out of pocket for medicines but often cannot afford expensive brand-name drugs. Read more..
Joaquín Almunia, the E.U.'s new commissioner for competition policy, warned Monday that despite the weak economy, companies would continue to face high fines if they break antitrust law. Read more..
The online publishing heavyweight bought CityFile, the New York boldface name guide. Read more..
Beijing is under attack for conservative spending policies that critics say are damaging long-term productivity prospects and contributing to the imbalances underlying the global financial crisis. Read more..
A piece of the financial overhaul legislation targets the responsibility of stock and insurance brokers to act in their customers’ best interest. Read more..
Renegade vendors called “outboarders” say they have to stretch their meager marketing budgets any way they can, but the industry calls them parasites. Read more..
Jim Norton, a radio personality on the “Opie and Anthony Show” and an author, has a comedic take on his fear of flying. Read more..
Where do you turn when looking for reliable, practical travel information — online or in print? The answer is all of the above, because one complements the other. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 15.70 | 16.12 | 15.68 | 16.04 | 69.4M |
Intel | INTC | 20.62 | 20.85 | 20.55 | 20.72 | 69.1M |
Pfizer | PFE | 17.96 | 18.08 | 17.61 | 17.72 | 63.3M |
Microsoft | MSFT | 28.13 | 28.37 | 28.02 | 28.35 | 51.9M |
Cisco Systems | CSCO | 23.96 | 24.00 | 23.80 | 24.00 | 46.8M |
JPMorgan Chase | JPM | 38.95 | 40.14 | 38.75 | 40.07 | 46.4M |
Wells Fargo & Co. | WFC | 27.19 | 27.39 | 26.94 | 27.39 | 36.1M |
ExxonMobil | XOM | 65.44 | 66.38 | 65.08 | 66.28 | 30.5M |
AT&T Inc. | T | 25.30 | 25.49 | 25.13 | 25.32 | 25.9M |
Berkshire Hathaway | BRK.B | 75.88 | 76.16 | 75.65 | 76.05 | 25M |
Oracle Corp. | ORCL | 23.69 | 23.85 | 23.44 | 23.81 | 21.6M |
Merck | MRK | 37.72 | 38.18 | 37.26 | 37.66 | 20.8M |
Comcast | CMCSA | 15.59 | 15.71 | 15.45 | 15.67 | 20.2M |
Apple | AAPL | 201.94 | 203.69 | 201.52 | 203.40 | 19.4M |
Wal-Mart Stores | WMT | 53.24 | 53.72 | 52.90 | 53.56 | 15.8M |
Abbott Laboratories | ABT | 54.24 | 54.68 | 53.77 | 54.59 | 15.7M |
Altria | MO | 19.84 | 19.89 | 19.57 | 19.73 | 15.1M |
ConocoPhillips | COP | 49.08 | 50.13 | 49.08 | 49.92 | 15M |
HP Inc. | HPQ | 48.94 | 49.60 | 48.79 | 49.44 | 14.7M |
Chevron | CVX | 71.99 | 73.32 | 71.93 | 72.99 | 14.2M |
UnitedHealth Group | UNH | 32.33 | 32.60 | 31.39 | 31.63 | 13.9M |
Home Depot | HD | 29.12 | 29.50 | 28.93 | 29.44 | 13.3M |
Procter & Gamble | PG | 62.60 | 62.87 | 62.35 | 62.83 | 13.3M |
Gilead Sciences | GILD | 47.98 | 48.04 | 46.30 | 46.87 | 13.1M |
Verizon Communications | VZ | 29.21 | 29.24 | 29.04 | 29.18 | 12.5M |
Bristol-Myers Squibb | BMY | 24.03 | 24.28 | 23.86 | 24.21 | 10.3M |
Johnson & Johnson | JNJ | 63.25 | 63.71 | 62.82 | 63.61 | 10.2M |
Coca-Cola | KO | 54.51 | 54.82 | 53.93 | 54.82 | 9.67M |
Walt Disney & Co. | DIS | 30.28 | 30.50 | 30.17 | 30.47 | 9.06M |
Amazon | AMZN | 120.06 | 120.50 | 117.18 | 117.53 | 8.93M |
Alphabet | GOOGL | 537.14 | 544.13 | 534.30 | 541.30 | 7.3M |
McDonald's | MCD | 63.50 | 64.18 | 63.28 | 64.01 | 7.09M |
Pepsico | PEP | 61.03 | 61.45 | 60.50 | 61.31 | 6.93M |
International Business Machines | IBM | 124.91 | 125.23 | 124.11 | 125.23 | 6.78M |
United Technologies | UTX | 66.06 | 66.43 | 65.56 | 66.33 | 6.29M |
Schlumberger | SLB | 65.33 | 65.75 | 64.57 | 65.65 | 6.12M |
Amgen | AMGN | 56.62 | 57.00 | 56.20 | 56.99 | 5.25M |
Boeing | BA | 60.42 | 61.29 | 59.90 | 61.26 | 4.27M |
Visa | V | 85.23 | 85.94 | 85.20 | 85.88 | 4.02M |
Union Pacific | UNP | 64.00 | 65.26 | 63.48 | 65.16 | 3.77M |
3M | MMM | 80.08 | 80.64 | 79.34 | 79.94 | 3.62M |
Exchange Rates of February 16th, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 90.140 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.044 CAD | 1 CAD = 0.958 USD |
US Dollar | Swiss Franc | 1 USD = 1.066 CHF | 1 CHF = 0.938 USD |
US Dollar | Chinese Yuan | 1 USD = 6.833 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 124.090 JPY | 1 JPY = 0.008 EUR |
Euro | Pound Sterling | 1 EUR = 0.872 GBP | 1 GBP = 1.147 EUR |
Euro | Australian Dollar | 1 EUR = 1.526 AUD | 1 AUD = 0.655 EUR |
Euro | Canadian Dollar | 1 EUR = 1.437 CAD | 1 CAD = 0.696 EUR |
Euro | Swiss Franc | 1 EUR = 1.468 CHF | 1 CHF = 0.681 EUR |
Euro | Chinese Yuan | 1 EUR = 9.413 CNY | 1 CNY = 0.106 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.702 GBP | 1 GBP = 1.424 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.229 AUD | 1 AUD = 0.813 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.158 CAD | 1 CAD = 0.864 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.183 CHF | 1 CHF = 0.845 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.750 AUD | 1 AUD = 0.572 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.648 CAD | 1 CAD = 0.607 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.683 CHF | 1 CHF = 0.594 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.942 CAD | 1 CAD = 1.062 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.961 CHF | 1 CHF = 1.040 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.021 CHF | 1 CHF = 0.979 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.550 CNY | 1 CNY = 0.153 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.411 CNY | 1 CNY = 0.156 CHF |
See what else happened on February 16th, 2010