Financial news on September 17, 2010

Business and Financial news
3i Dealmaker to Leave in Shake-Up

3i Group, the British private equity firm, said that Jonathan Russell, one of its top dealmakers, would leave as part of a shake up announced Friday that will combine two of its key divisions. Read more..

By DEALBOOK - The New York Times

Diaspora, a Facebook Alternative, Releases Its Code

On Thursday Diaspora, a social Web site that hopes to offer an alternative to Facebook, announced that its developers would be allowed to download the code used to build the new service and begin exploring and enhancing the Diaspora software. Read more..

By DEALBOOK - The New York Times

F.D.A. Panel Urges Denial of Diet Drug

By a 9-to-5 vote, the advisers decided that the potential benefits of the drug lorcaserin, from Arena Pharmaceuticals, did not outweigh risks. Read more..

By ANDREW POLLACK - The New York Times

Fiat Shareholders Approve Plan to Split the Company

The company hopes the move to split up its industrial and automotive businesses will increase the value of the two units. Read more..

By DAVID JOLLY - The New York Times

Hedge Fund Managers Set Up for Next Acts

Hedge fund managers who closed their firms are opening new funds, and in some cases promising to make previous investors whole before taking performance fees. Read more..

By JULIE CRESWELL - The New York Times

Hedge Fund Managers Set Up for Next Acts

Hedge fund managers who closed their firms are opening new funds, and in some cases promising to make previous investors whole before taking performance fees. Read more..

By DEALBOOK - The New York Times

In Greece, the Security Business Is Booming

Greece’s economic crisis is creating an unexpected boom for at least one industry, Bloomberg News reports: the security sector. Read more..

By DEALBOOK - The New York Times

Leaving an Agency Giant to Start a Boutique

Ty Montague and Rosemarie Ryan talked about leaving their senior jobs at JWT to start their own agency, Co:. Read more..

By STUART ELLIOTT - The New York Times

Morning Take-Out

Being Lisa Falcone; Buffett memorabilia ain’t cheap; Goldman employee evaluations. Read more..

By DEALBOOK - The New York Times

Oracle Profit Rises 20%, Higher Than Forecast

Fresh off a radical overhaul of its executive suite, Oracle posted better-than-expected results for its first quarter on the back of strong sales of new software products and higher maintenance and support revenue. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Oracle Corp. ORCL 26,44 27,63 26,40 27,48 151M
General Electric GE 16,31 16,42 16,08 16,29 72.5M
Intel INTC 19,03 19,08 18,67 18,81 70.4M
Microsoft MSFT 25,40 25,53 25,08 25,22 70.3M
Cisco Systems CSCO 22,07 22,12 21,77 21,86 54.8M
Pfizer PFE 17,21 17,26 17,03 17,06 53.3M
JPMorgan Chase JPM 41,03 41,08 39,99 40,06 45.9M
HP Inc. HPQ 40,38 40,62 39,10 39,14 35.4M
Wells Fargo & Co. WFC 26,37 26,37 25,87 26,01 34.4M
Comcast CMCSA 17,66 18,01 17,62 17,64 31.3M
AT&T Inc. T 28,24 28,32 28,00 28,17 31.1M
ExxonMobil XOM 61,19 61,30 60,63 60,78 26.4M
Apple AAPL 277,69 277,96 273,68 275,37 22.7M
Verizon Communications VZ 31,59 31,75 31,38 31,68 21.5M
Wal-Mart Stores WMT 53,17 53,33 52,88 53,01 20.8M
Walt Disney & Co. DIS 34,38 34,73 34,36 34,56 19M
Berkshire Hathaway BRK.B 83,85 84,15 82,72 82,72 18.5M
Procter & Gamble PG 61,31 61,47 60,81 60,97 17.8M
Merck MRK 36,50 36,84 36,16 36,33 16.4M
Abbott Laboratories ABT 51,78 51,93 51,53 51,64 15.1M
Bristol-Myers Squibb BMY 27,02 27,44 27,00 27,31 14.9M
Gilead Sciences GILD 35,00 35,10 34,45 34,56 14.1M
Home Depot HD 30,05 30,19 29,80 29,89 13M
Altria MO 23,57 23,71 23,49 23,50 12.5M
Chevron CVX 79,42 79,73 78,24 78,46 12.3M
Johnson & Johnson JNJ 61,59 61,72 61,13 61,57 12.2M
ConocoPhillips COP 55,48 55,75 55,07 55,27 11.5M
Alphabet GOOGL 483,75 491,20 481,18 490,15 11.3M
Boeing BA 63,26 63,34 62,00 62,95 10.7M
Visa V 68,77 69,00 68,19 68,49 10.5M
International Business Machines IBM 129,92 130,60 129,70 130,19 10.4M
Coca-Cola KO 57,65 57,98 57,41 57,56 9.99M
Schlumberger SLB 58,67 58,87 58,09 58,10 9.75M
McDonald's MCD 74,60 74,79 74,13 74,32 7.93M
Pepsico PEP 66,76 66,90 66,10 66,12 7.91M
UnitedHealth Group UNH 34,46 34,61 34,13 34,13 7.29M
Amazon AMZN 148,90 148,98 146,50 148,33 7.26M
Amgen AMGN 55,19 55,43 55,00 55,22 6.5M
3M MMM 85,34 86,17 85,09 86,07 5.97M
United Technologies UTX 68,94 69,63 68,56 69,53 5.2M
Union Pacific UNP 79,32 80,02 78,67 79,96 4.24M
Exchange Rates of September 17, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 85,840 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,033 CAD 1 CAD = 0,968 USD
US Dollar Swiss Franc 1 USD = 1,010 CHF 1 CHF = 0,990 USD
US Dollar Chinese Yuan 1 USD = 6,724 CNY 1 CNY = 0,149 USD
Euro Japanese Yen 1 EUR = 112,030 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,835 GBP 1 GBP = 1,198 EUR
Euro Australian Dollar 1 EUR = 1,393 AUD 1 AUD = 0,718 EUR
Euro Canadian Dollar 1 EUR = 1,348 CAD 1 CAD = 0,742 EUR
Euro Swiss Franc 1 EUR = 1,318 CHF 1 CHF = 0,759 EUR
Euro Chinese Yuan 1 EUR = 8,779 CNY 1 CNY = 0,114 EUR
Japanese Yen Pound Sterling 1 JPY = 0,745 GBP 1 GBP = 1,342 JPY
Japanese Yen Australian Dollar 1 JPY = 1,244 AUD 1 AUD = 0,804 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,203 CAD 1 CAD = 0,831 JPY
Japanese Yen Swiss Franc 1 JPY = 1,176 CHF 1 CHF = 0,850 JPY
Pound Sterling Australian Dollar 1 GBP = 1,669 AUD 1 AUD = 0,599 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,614 CAD 1 CAD = 0,620 GBP
Pound Sterling Swiss Franc 1 GBP = 1,578 CHF 1 CHF = 0,634 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,500 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,967 CAD 1 CAD = 1,035 AUD
Australian Dollar Swiss Franc 1 AUD = 0,942 CHF 1 CHF = 1,061 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,295 CNY 1 CNY = 0,159 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,975 CHF 1 CHF = 1,026 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,510 CNY 1 CNY = 0,154 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,659 CNY 1 CNY = 0,150 CHF

See what else happened on September 17, 2010