Financial news on February 17th, 2010

Business and Financial news
3 Companies Quit Group Over Moves on Climate

The corporations that are quitting the Climate Action Partnership cited concerns over the direction that climate change legislation has taken. Read more..

By JOHN LORINC - The New York Times

Buzzing, Tweeting and Carping

Google offers a new tool that out-Twitters Twitter when it comes to sending and receiving messages. Is there a catch? You bet your Buzz there is. Read more..

By DAVID POGUE - The New York Times

Candy Makers Cut the Calories, by Cutting the Size

The Hershey Company is offering small pieces as well as candy bars that may reduce the sugar and calorie intake. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Federal Reserve Officials, Often Tight-Lipped, Openly Voice Deficit Concerns

Some Federal Reserve presidents suspect the growing deficit could eventually help contribute to a higher inflation rate. Read more..

By SEWELL CHAN - The New York Times

Germany Offers Extra Cash for Airbus Military Transport

The German government is prepared to offer up to 1.2 billion euros to help Airbus, but that may not cover all the cost overruns. Read more..

By JUDY DEMPSEY - International Herald Tribune

Pressure Rises on Greece to Explain and Fix Crisis

European officials gave Greece new deadlines to reveal Wall Street’s role in its problems and to prove how it will slash its deficit. Read more..

By STEPHEN CASTLE - The New York Times

Tax Question Arises Over Sale of an A.I.G. Unit

A.I.G.’s efforts to sell one of its biggest life insurance companies to pay back its rescue loans are snagged on a tax issue that may require a special ruling by the Internal Revenue Service. Read more..

By MARY WILLIAMS WALSH and MICHAEL J. de la MERCED - The New York Times

Times Business Reporter Accused of Plagiarism Is Said to Resign

The reporter, Zachery Kouwe, is said to have resigned at a meeting called to discuss possible disciplinary action, including dismissal. Read more..

By THE NEW YORK TIMES - The New York Times

Toyota’s President Softens on Speaking to Congress

Akio Toyoda, president of Toyota Motor, appears almost eager to share information about car recalls. Read more..

By MICHELINE MAYNARD - The New York Times

With Big Takeover Bid, Simon Aims to Control 30% of U.S. Malls

General Growth Properties, the bankrupt mall company, rebuffed the unsolicited $10 billion offer from the Simon Property Group, calling the bid too low. Read more..

By MICHAEL J. de la MERCED - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.1916.2216.0616.1560.6M
PfizerPFE17.8517.8617.5317.6758.3M
Wells Fargo & Co.WFC27.5927.6427.0927.3350.1M
Cisco SystemsCSCO23.9924.0923.7424.0748.5M
IntelINTC20.8620.8620.5320.6647.3M
MicrosoftMSFT28.5328.6528.3628.5945.9M
JPMorgan ChaseJPM40.2640.4539.7640.0434.6M
Oracle Corp.ORCL23.9524.2923.9424.1826.1M
HP Inc.HPQ49.7750.2549.7050.1223.5M
ExxonMobilXOM66.3466.4565.5765.7621.8M
Home DepotHD29.7630.0629.7530.0221.5M
AT&T Inc.T25.4125.5225.2025.4019.5M
Gilead SciencesGILD46.9649.0046.9448.6517.8M
ConocoPhillipsCOP49.9150.2548.9949.3015.9M
AppleAAPL204.19204.31200.86202.5515.6M
Wal-Mart StoresWMT53.6954.2553.6554.0615.5M
Procter & GamblePG62.8062.9762.5162.8514.4M
Verizon CommunicationsVZ29.2629.4029.0329.1414.3M
ComcastCMCSA15.7715.7715.6015.6613.4M
Abbott LaboratoriesABT54.7954.9854.5754.7513.3M
MerckMRK37.7337.9237.1637.3412M
UnitedHealth GroupUNH31.6833.2131.6832.5511.7M
Berkshire HathawayBRK.B76.3476.4175.4476.2511.6M
Walt Disney & Co.DIS30.5430.9330.3830.869.77M
Johnson & JohnsonJNJ63.6364.3663.6163.989.49M
Bristol-Myers SquibbBMY24.3324.6424.2924.519.01M
AmazonAMZN117.08117.13115.55116.318.94M
AltriaMO19.7719.8519.7019.788.75M
ChevronCVX73.2273.4372.4672.848.73M
Coca-ColaKO54.8155.5554.7655.338.53M
AmgenAMGN56.9357.5756.7557.206.83M
PepsicoPEP61.4862.2061.2562.116.7M
SchlumbergerSLB65.8366.0064.8865.436.43M
United TechnologiesUTX66.3067.5365.8267.355.99M
International Business MachinesIBM125.50126.53125.21126.335.83M
McDonald'sMCD64.2164.3563.7764.265.42M
BoeingBA61.3962.0061.0061.824.12M
AlphabetGOOGL542.00543.40537.61538.214.06M
VisaV86.0186.5485.7686.423.74M
3MMMM80.4280.6979.7480.143.1M
Union PacificUNP65.5665.6664.0664.982.79M
Exchange Rates of February 17th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 91.250 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.046 CAD1 CAD = 0.956 USD
US DollarSwiss Franc1 USD = 1.078 CHF1 CHF = 0.928 USD
EuroJapanese Yen1 EUR = 124.150 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.868 GBP1 GBP = 1.152 EUR
EuroAustralian Dollar1 EUR = 1.513 AUD1 AUD = 0.661 EUR
EuroCanadian Dollar1 EUR = 1.424 CAD1 CAD = 0.702 EUR
EuroSwiss Franc1 EUR = 1.467 CHF1 CHF = 0.682 EUR
EuroChinese Yuan1 EUR = 9.291 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.699 GBP1 GBP = 1.431 JPY
Japanese YenAustralian Dollar1 JPY = 1.218 AUD1 AUD = 0.821 JPY
Japanese YenCanadian Dollar1 JPY = 1.146 CAD1 CAD = 0.872 JPY
Japanese YenSwiss Franc1 JPY = 1.182 CHF1 CHF = 0.846 JPY
Pound SterlingAustralian Dollar1 GBP = 1.742 AUD1 AUD = 0.574 GBP
Pound SterlingCanadian Dollar1 GBP = 1.640 CAD1 CAD = 0.610 GBP
Pound SterlingSwiss Franc1 GBP = 1.689 CHF1 CHF = 0.592 GBP
Pound SterlingChinese Yuan1 GBP = 10.696 CNY1 CNY = 0.093 GBP
Australian DollarCanadian Dollar1 AUD = 0.941 CAD1 CAD = 1.063 AUD
Australian DollarSwiss Franc1 AUD = 0.970 CHF1 CHF = 1.031 AUD
Australian DollarChinese Yuan1 AUD = 6.145 CNY1 CNY = 0.163 AUD
Canadian DollarSwiss Franc1 CAD = 1.030 CHF1 CHF = 0.971 CAD
Canadian DollarChinese Yuan1 CAD = 6.529 CNY1 CNY = 0.153 CAD
Swiss FrancChinese Yuan1 CHF = 6.334 CNY1 CNY = 0.158 CHF

See what else happened on February 17th, 2010