Financial news on October 16th, 2008

Business and Financial news
Asia Stocks Drop Dramatically in Early Trading

The mass sell-off in Asia followed the biggest one-day percentage fall on Wall Street since 1987. Read more..

By BETTINA WASSENER - The New York Times

Cuomo Seeks Recovery of Bonuses at A.I.G.

New York’s attorney general, Andrew M. Cuomo, demanded that the insurer recover bonuses and other payments from its former executives, lest he take formal action against the company. Read more..

By JONATHAN D. GLATER and VIKAS BAJAJ - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT22,9424,1921,3124,19161M
General ElectricGE19,5119,9618,3119,89151M
IntelINTC15,2315,9714,4815,88121M
Cisco SystemsCSCO16,9817,7516,2017,75104M
PfizerPFE16,5516,9915,6116,9781.9M
ExxonMobilXOM63,3169,6859,1769,4578.1M
JPMorgan ChaseJPM39,0241,0036,3140,4975.1M
Wells Fargo & Co.WFC32,8934,3130,0433,9074M
Oracle Corp.ORCL16,1516,9915,3116,9970.8M
AppleAAPL99,77103,4391,74101,8970.7M
AT&T Inc.T24,9125,7523,9125,4651.2M
Wal-Mart StoresWMT50,5755,0248,7354,6247.4M
ComcastCMCSA14,2915,4113,8415,3642.9M
Home DepotHD19,5020,0118,0219,7038.4M
Abbott LaboratoriesABT54,0356,0051,0555,3836.4M
Johnson & JohnsonJNJ60,7463,9858,3163,5034.6M
ConocoPhillipsCOP49,9552,6245,3051,9434.2M
SchlumbergerSLB55,9057,3049,7253,2033.1M
AltriaMO18,7119,3117,6319,0032.7M
AlphabetGOOGL332,76356,50309,44353,0232.4M
ChevronCVX60,6664,3955,6263,1031.8M
HP Inc.HPQ38,6439,8437,0639,6629.1M
Procter & GamblePG59,9162,2557,1261,7727.6M
Coca-ColaKO44,8045,9142,1345,7826.5M
Bristol-Myers SquibbBMY17,4017,5016,5817,2626.5M
Verizon CommunicationsVZ26,6127,7125,1827,4124.6M
AmazonAMZN46,4050,7043,3950,2922.1M
Walt Disney & Co.DIS23,3724,6022,0724,2721.4M
UnitedHealth GroupUNH23,6224,0020,7022,6320.1M
PepsicoPEP51,3953,2550,6653,0819.7M
MerckMRK27,2628,3025,6028,1919.6M
McDonald'sMCD52,0255,2750,8054,4617.3M
Gilead SciencesGILD39,1941,6637,0041,3917.1M
International Business MachinesIBM89,3892,0084,3591,5216.3M
United TechnologiesUTX49,7053,4747,6352,8816.1M
AmgenAMGN47,9150,8946,6350,8015.2M
VisaV50,1553,3348,0453,0714M
Union PacificUNP54,2456,2351,2455,3412.7M
BoeingBA42,6445,0039,9944,7911.8M
3MMMM54,7657,7952,3457,2710.5M
Berkshire HathawayBRK.B3780,003789,003631,003765,0040.3K
Exchange Rates of October 16th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 101,660 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,179 CAD1 CAD = 0,848 USD
US DollarSwiss Franc1 USD = 1,135 CHF1 CHF = 0,881 USD
US DollarChinese Yuan1 USD = 6,834 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 137,020 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,778 GBP1 GBP = 1,285 EUR
EuroAustralian Dollar1 EUR = 1,956 AUD1 AUD = 0,511 EUR
EuroCanadian Dollar1 EUR = 1,589 CAD1 CAD = 0,629 EUR
EuroSwiss Franc1 EUR = 1,530 CHF1 CHF = 0,654 EUR
EuroChinese Yuan1 EUR = 9,215 CNY1 CNY = 0,109 EUR
Japanese YenPound Sterling1 JPY = 0,568 GBP1 GBP = 1,762 JPY
Japanese YenAustralian Dollar1 JPY = 1,426 AUD1 AUD = 0,701 JPY
Japanese YenCanadian Dollar1 JPY = 1,159 CAD1 CAD = 0,863 JPY
Japanese YenSwiss Franc1 JPY = 1,116 CHF1 CHF = 0,896 JPY
Pound SterlingAustralian Dollar1 GBP = 2,512 AUD1 AUD = 0,398 GBP
Pound SterlingCanadian Dollar1 GBP = 2,041 CAD1 CAD = 0,490 GBP
Pound SterlingSwiss Franc1 GBP = 1,965 CHF1 CHF = 0,509 GBP
Australian DollarCanadian Dollar1 AUD = 0,811 CAD1 CAD = 1,232 AUD
Australian DollarSwiss Franc1 AUD = 0,782 CHF1 CHF = 1,279 AUD
Australian DollarChinese Yuan1 AUD = 4,703 CNY1 CNY = 0,213 AUD
Canadian DollarSwiss Franc1 CAD = 0,962 CHF1 CHF = 1,039 CAD
Canadian DollarChinese Yuan1 CAD = 5,798 CNY1 CNY = 0,172 CAD
Swiss FrancChinese Yuan1 CHF = 6,018 CNY1 CNY = 0,166 CHF

See what else happened on October 16th, 2008