Financial news on December 18, 2009

Business and Financial news
A.I.G. May Put Asian Unit on Hong Kong Exchange

The American International Group could use the $20 billion from a stock sale by the insurer American International Assurance to repay some of its giant bailout debt. Read more..

By THE NEW YORK TIMES - The New York Times

‘American Idol’ Creator Plans Web Show

The show, “If I Can Dream,” will follow the lives of five aspiring actors and musicians who move to Hollywood in search of stardom. Read more..

By BRIAN STELTER - The New York Times

As Patent Ends, a Seed’s Use Will Survive

The first patent to expire on a widely used bioengineered crop since gene-splicing became a mainstay of crop science. Read more..

By ANDREW POLLACK - The New York Times

Canada to Sell Reactor Unit of Energy Firm

The unit of Atomic Energy of Canada has been a longstanding financial drain on the government. Read more..

By IAN AUSTEN - The New York Times

Dow Slips for a Third Day, but the Dollar Strengthens

The dollar climbed to a three-month high against the euro, as equity markets declined on a weaker-than-expected jobs report and concerns over foreign debt. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Ernst to Pay the S.E.C. $8.5 Million

The audit firm forced Bally Total Fitness to stop improper accounting practices, but didn’t make it admit to poor accounting in the past. Read more..

By FLOYD NORRIS - The New York Times

Executive to Become Adviser to the Chief of CBS

Nancy Tellem, who helped CBS introduce shows like “C.S.I.” and “Survivor,” will become a senior adviser to CBS’s chief executive, Leslie Moonves. Read more..

By EDWARD WYATT - The New York Times

Google Loses in French Copyright Case

Google was ordered to stop putting scanned French books in its database and to pay about $430,000 in damages. Read more..

By MATTHEW SALTMARSH - The New York Times

Merger Lessons In the Oil Patch

The oil company is acquiring XTO Energy for a price that is more than 30 percent below its June 2008 high. Read more..

By CHRISTOPHER SWANN and NICHOLAS PAISNER - The New York Times

Questions on Security Mar Foreign Investments

Foreign investors’ moves to buy U.S. industrial assets are getting a wary reaction from the Obama administration. Read more..

By ERIC LIPTON - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC26,3827,0026,1826,78146M
Bristol-Myers SquibbBMY26,0526,0825,3225,78124M
IntelINTC19,2119,7119,1019,6399M
MicrosoftMSFT29,8430,4529,8030,3694.1M
Oracle Corp.ORCL24,0124,7423,9824,3488.2M
VisaV87,4089,6987,3988,9784.4M
General ElectricGE15,9115,9115,5915,5979.2M
Cisco SystemsCSCO23,1323,3723,0223,3367.2M
ExxonMobilXOM68,5668,8067,6468,2163M
PfizerPFE18,3518,4818,2518,3062.2M
JPMorgan ChaseJPM40,5341,1940,0440,9548.1M
AT&T Inc.T27,4627,5527,1827,3247.1M
Wal-Mart StoresWMT53,0653,0652,3152,8526.1M
MerckMRK37,3637,7937,2037,4025.4M
Procter & GamblePG61,9862,0060,4161,5522.8M
Johnson & JohnsonJNJ64,7564,7563,9164,3722.2M
AppleAAPL193,17195,50192,60195,4321.7M
HP Inc.HPQ50,9051,6150,7051,5021.5M
Abbott LaboratoriesABT53,7553,7553,0053,3419.6M
ConocoPhillipsCOP50,6550,6949,4049,8019.5M
Verizon CommunicationsVZ32,9433,1032,6632,8019.3M
AltriaMO19,7019,7419,5619,6518.9M
Coca-ColaKO57,2657,2656,3156,9218.9M
PepsicoPEP59,9259,9258,7759,4818.6M
Home DepotHD28,9829,0228,4228,6517.3M
ChevronCVX77,4277,6776,5676,9016.6M
UnitedHealth GroupUNH31,8832,0031,0831,5415.7M
Gilead SciencesGILD43,5143,5642,6142,8315.7M
Walt Disney & Co.DIS32,0832,1731,5831,9515.2M
ComcastCMCSA17,0717,2816,8617,2314.7M
AmgenAMGN55,2356,0154,9055,8011.9M
SchlumbergerSLB63,2063,6662,6562,9510.9M
McDonald'sMCD61,9962,4361,9762,179.85M
AmazonAMZN127,91128,79125,65128,489.61M
United TechnologiesUTX69,9070,0069,1269,469.57M
International Business MachinesIBM127,97128,39127,00127,919.11M
BoeingBA54,7054,7453,1053,448.92M
AlphabetGOOGL596,03598,93595,00596,427.06M
3MMMM80,8081,3580,5580,976.67M
Union PacificUNP63,5063,9962,8563,383.65M
Berkshire HathawayBRK.B3280,003303,503263,503303,5038K
Exchange Rates of December 18, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90,450 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,066 CAD1 CAD = 0,938 USD
US DollarSwiss Franc1 USD = 1,042 CHF1 CHF = 0,960 USD
US DollarChinese Yuan1 USD = 6,829 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 129,770 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,888 GBP1 GBP = 1,127 EUR
EuroAustralian Dollar1 EUR = 1,610 AUD1 AUD = 0,621 EUR
EuroCanadian Dollar1 EUR = 1,530 CAD1 CAD = 0,654 EUR
EuroSwiss Franc1 EUR = 1,494 CHF1 CHF = 0,669 EUR
EuroChinese Yuan1 EUR = 9,796 CNY1 CNY = 0,102 EUR
Japanese YenPound Sterling1 JPY = 0,684 GBP1 GBP = 1,462 JPY
Japanese YenAustralian Dollar1 JPY = 1,241 AUD1 AUD = 0,806 JPY
Japanese YenCanadian Dollar1 JPY = 1,179 CAD1 CAD = 0,848 JPY
Japanese YenSwiss Franc1 JPY = 1,152 CHF1 CHF = 0,868 JPY
Pound SterlingAustralian Dollar1 GBP = 1,814 AUD1 AUD = 0,551 GBP
Pound SterlingCanadian Dollar1 GBP = 1,724 CAD1 CAD = 0,580 GBP
Pound SterlingSwiss Franc1 GBP = 1,683 CHF1 CHF = 0,594 GBP
Pound SterlingChinese Yuan1 GBP = 11,025 CNY1 CNY = 0,091 GBP
Australian DollarCanadian Dollar1 AUD = 0,949 CAD1 CAD = 1,053 AUD
Australian DollarSwiss Franc1 AUD = 0,927 CHF1 CHF = 1,078 AUD
Australian DollarChinese Yuan1 AUD = 6,082 CNY1 CNY = 0,164 AUD
Canadian DollarSwiss Franc1 CAD = 0,976 CHF1 CHF = 1,024 CAD
Canadian DollarChinese Yuan1 CAD = 6,403 CNY1 CNY = 0,156 CAD
Swiss FrancChinese Yuan1 CHF = 6,552 CNY1 CNY = 0,153 CHF

See what else happened on December 18, 2009