Financial news on September 17, 2010
Business and Financial news
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..
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 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..
The company hopes the move to split up its industrial and automotive businesses will increase the value of the two units. Read more..
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..
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..
Greece’s economic crisis is creating an unexpected boom for at least one industry, Bloomberg News reports: the security sector. Read more..
Ty Montague and Rosemarie Ryan talked about leaving their senior jobs at JWT to start their own agency, Co:. Read more..
Being Lisa Falcone; Buffett memorabilia ain’t cheap; Goldman employee evaluations. Read more..
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..
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
| Currencies | Exchange 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