Financial news on February 18th, 2010

Business and Financial news
Apple’s Prices for E-Books May Be Lower Than Expected

Apple wanted publishers to discount best sellers, so its $12.99-to-$14.99 range is merely a ceiling, according to people familiar with talks with publishers. Read more..

By MOTOKO RICH - The New York Times

Fed Board Diverged on Timing of Policy Shift, Minutes Show

The committee had different opinions as to the timing and order of the Fed’s plans to begin tightening monetary policy. Read more..


In Ponzi Case, Judge Denies a Motion to Dismiss

J. Ezra Merkin, a prominent hedge fund manager linked to Bernard L. Madoff, had said that a civil fraud complaint against him did not meet state standards. Read more..

By DIANA B. HENRIQUES - The New York Times

Judge Denies a Dismissal in a Suit Against MBIA

The suit, brought by several of the largest financial companies, challenges MBIA’s move to split into two units. Read more..

By BLOOMBERG NEWS - The New York Times

Navigating the Shifting Tax Landscape

Retirement accounts, charitable gifts and taxes faced by retirees on Medicare are all in dispute on Capitol Hill. Read more..

By DAVID CAY JOHNSTON - The New York Times

Safe Travels for You and Your Data

There are common-sense measures you can take to keep your data secure when using your computer on the road. Read more..

By RIVA RICHMOND - The New York Times

Saying ‘No Thanks’ to a Bequest

Turning down an inheritance may seem to be an alien concept. But with the estate tax in flux, this process can provide needed flexibility. Read more..

By DEBORAH L. JACOBS - The New York Times

Signs of Rebound in Antiques Market

After 12 months in which antiques sales were down and prices fell, collectors and dealers again flocked to antique shows last month in New York. Read more..

By WILLIAM L. HAMILTON - The New York Times

Trade Commission, Citing Deception, Sues Seven Job Placement Operators

The Federal Trade Commission announced seven civil suits as part of a crackdown, which officials said deceive job seekers by falsely promising work as federal employees. Read more..

By SEWELL CHAN - The New York Times

Up to Date on Facebook

On the new version of Facebook, how can I make it just show my friends’ status updates and not all that other stuff in my News Feed? Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16,1016,2916,0816,2447.3M
Cisco SystemsCSCO24,0524,3623,9024,2841.2M
JPMorgan ChaseJPM39,9440,5139,7740,4131.8M
Oracle Corp.ORCL24,1124,5724,0624,5231.7M
Wells Fargo & Co.WFC27,3027,5727,1627,3430.3M
Wal-Mart StoresWMT53,2053,5052,9153,4729.5M
AT&T Inc.T25,4025,5325,1625,2427M
HP Inc.HPQ50,3850,9649,8750,8123.5M
Procter & GamblePG62,7363,5062,3563,3917.7M
Home DepotHD30,0230,3829,8730,3016.6M
Gilead SciencesGILD48,7549,5048,6649,4512.9M
Verizon CommunicationsVZ29,1429,2628,9429,1511.9M
Bristol-Myers SquibbBMY24,5124,8824,4224,8411.3M
Abbott LaboratoriesABT54,6955,0054,6754,9711.2M
UnitedHealth GroupUNH32,2332,9932,1232,6910.3M
Berkshire HathawayBRK.B76,1976,7075,8676,649.29M
Johnson & JohnsonJNJ63,9864,7063,9564,048.26M
Walt Disney & Co.DIS30,8631,0730,6831,028.21M
International Business MachinesIBM126,13128,00126,00127,815.53M
United TechnologiesUTX67,5368,2967,4268,114.12M
Union PacificUNP64,7865,4264,6065,312.53M
Exchange Rates of February 18th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 91,740 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,047 CAD1 CAD = 0,955 USD
US DollarSwiss Franc1 USD = 1,084 CHF1 CHF = 0,923 USD
EuroJapanese Yen1 EUR = 124,100 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,871 GBP1 GBP = 1,148 EUR
EuroAustralian Dollar1 EUR = 1,513 AUD1 AUD = 0,661 EUR
EuroCanadian Dollar1 EUR = 1,416 CAD1 CAD = 0,706 EUR
EuroSwiss Franc1 EUR = 1,466 CHF1 CHF = 0,682 EUR
EuroChinese Yuan1 EUR = 9,252 CNY1 CNY = 0,108 EUR
Japanese YenPound Sterling1 JPY = 0,701 GBP1 GBP = 1,426 JPY
Japanese YenAustralian Dollar1 JPY = 1,219 AUD1 AUD = 0,821 JPY
Japanese YenCanadian Dollar1 JPY = 1,140 CAD1 CAD = 0,877 JPY
Japanese YenSwiss Franc1 JPY = 1,181 CHF1 CHF = 0,847 JPY
Pound SterlingAustralian Dollar1 GBP = 1,736 AUD1 AUD = 0,576 GBP
Pound SterlingCanadian Dollar1 GBP = 1,624 CAD1 CAD = 0,616 GBP
Pound SterlingSwiss Franc1 GBP = 1,682 CHF1 CHF = 0,594 GBP
Pound SterlingChinese Yuan1 GBP = 10,615 CNY1 CNY = 0,094 GBP
Australian DollarCanadian Dollar1 AUD = 0,936 CAD1 CAD = 1,069 AUD
Australian DollarSwiss Franc1 AUD = 0,969 CHF1 CHF = 1,032 AUD
Australian DollarChinese Yuan1 AUD = 6,127 CNY1 CNY = 0,163 AUD
Canadian DollarSwiss Franc1 CAD = 1,035 CHF1 CHF = 0,966 CAD
Canadian DollarChinese Yuan1 CAD = 6,539 CNY1 CNY = 0,153 CAD
Swiss FrancChinese Yuan1 CHF = 6,312 CNY1 CNY = 0,158 CHF

See what else happened on February 18th, 2010