Financial news on February 19, 2010

Business and Financial news
$3.5 Billion in Revenue at CBS in Quarter

CBS said revenue and profits at its flagship television business improved in the fourth quarter. Read more..

By TIM ARANGO - The New York Times

Alexander McQueen Line to Continue

The Alexander McQueen line will survive the suicide of its designer, the French luxury company that owns the brand said. Read more..

By ERIC WILSON - The New York Times

Another Cable Helping for Food Lovers

Scripps, which owns the Food Network, will start the Cooking Channel on May 31. Read more..

By BRIAN STELTER - The New York Times

Daimler Reports Loss and Cancels Dividend

The company said the loss was caused by higher financing costs and lingering effects of the global slump in vehicle sales. Read more..

By JACK EWING - The New York Times

Expecting a Surplus, Britain Posts a Deficit

The government spent $6.7 billion more than it collected in taxes in January, traditionally the month with the highest tax receipts. Read more..

By JULIA WERDIGIER - The New York Times

Glaxo Plans to Remove Zinc From Poligrip Denture Adhesive

GlaxoSmithKline said it planned to reformulate the denture adhesive without zinc, because of concerns about health risks. Read more..

By DUFF WILSON - The New York Times

Higher Energy Costs Lift Producer Prices

The surprisingly large jump in wholesale prices in January was viewed as a temporary blip and not the start of inflation problems. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Judge Hears Arguments on Google Book Settlement

The proposal to create the world’s largest digital library has put giants like Sony and Microsoft on opposite sides. Read more..

By MOTOKO RICH - The New York Times

Profit Rises at Wal-Mart, but Outlook Is Clouded

The retail giant forecast earnings for the current quarter that could miss Wall Street estimates. Read more..

By STEPHANIE ROSENBLOOM - The New York Times

Working Without a Standard Playbook, the Fed Plans Its Moves on Rates

The Fed faces a complex set of forces as it decides how and when to reverse the aggressive steps taken to contain the financial crisis and the ensuing damage to the economy. Read more..

By SEWELL CHAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.14 16.25 16.00 16.17 65.2M
Pfizer PFE 17.82 18.10 17.73 17.99 50.7M
Microsoft MSFT 28.79 28.92 28.69 28.77 44.5M
Intel INTC 20.72 20.97 20.58 20.82 40.8M
JPMorgan Chase JPM 40.11 40.70 39.90 40.03 40.3M
Cisco Systems CSCO 24.13 24.38 24.06 24.36 38.8M
AT&T Inc. T 25.20 25.40 25.02 25.10 34.7M
Wells Fargo & Co. WFC 27.08 27.48 27.07 27.37 32.2M
Comcast CMCSA 15.64 16.04 15.55 16.00 26M
Oracle Corp. ORCL 24.41 24.54 24.18 24.32 25.9M
Berkshire Hathaway BRK.B 76.62 79.35 76.50 78.74 24.7M
ExxonMobil XOM 65.59 66.24 65.43 65.87 24.3M
Abbott Laboratories ABT 54.88 54.89 54.08 54.38 20.1M
Verizon Communications VZ 29.02 29.28 28.91 29.02 19.7M
Home Depot HD 30.21 30.45 30.00 30.15 18.6M
Schlumberger SLB 63.36 64.39 62.98 63.90 18.1M
HP Inc. HPQ 50.42 51.00 50.20 50.79 16.7M
Wal-Mart Stores WMT 53.19 53.58 53.07 53.49 15.1M
Apple AAPL 201.86 203.20 201.11 201.67 14.8M
Johnson & Johnson JNJ 64.15 64.46 63.62 63.81 14.2M
Chevron CVX 73.44 74.38 73.21 74.05 13.1M
Altria MO 19.93 20.21 19.93 20.16 12.8M
Walt Disney & Co. DIS 30.94 31.52 30.85 31.23 12.6M
ConocoPhillips COP 48.70 49.22 48.46 48.90 12.4M
Merck MRK 37.23 37.63 37.15 37.49 12.4M
Gilead Sciences GILD 49.10 49.44 48.78 48.84 11.7M
UnitedHealth Group UNH 32.42 32.77 31.83 31.94 11.5M
Procter & Gamble PG 63.27 63.74 63.02 63.45 10.9M
Bristol-Myers Squibb BMY 24.78 25.01 24.66 24.95 10.7M
Coca-Cola KO 55.80 55.90 55.18 55.72 9.47M
Boeing BA 62.65 64.34 62.65 63.59 7.37M
Amgen AMGN 57.05 57.71 56.95 57.38 7.13M
Amazon AMZN 117.91 119.09 117.00 117.52 7.12M
Pepsico PEP 62.32 62.92 61.98 62.66 6.42M
International Business Machines IBM 127.35 128.06 126.87 127.19 6.3M
McDonald's MCD 64.46 64.89 64.30 64.74 5.62M
United Technologies UTX 68.24 68.90 68.11 68.52 5.3M
Union Pacific UNP 65.24 66.75 65.24 66.57 5.13M
Alphabet GOOGL 541.00 544.03 539.70 540.76 5.1M
Visa V 86.00 86.98 85.49 86.81 3.42M
3M MMM 81.14 81.74 80.61 81.52 3.22M
Exchange Rates of February 19, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.480 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.039 CAD 1 CAD = 0.962 USD
US Dollar Swiss Franc 1 USD = 1.075 CHF 1 CHF = 0.930 USD
US Dollar Chinese Yuan 1 USD = 6.830 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 124.570 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.880 GBP 1 GBP = 1.137 EUR
Euro Australian Dollar 1 EUR = 1.515 AUD 1 AUD = 0.660 EUR
Euro Canadian Dollar 1 EUR = 1.414 CAD 1 CAD = 0.707 EUR
Euro Swiss Franc 1 EUR = 1.464 CHF 1 CHF = 0.683 EUR
Euro Chinese Yuan 1 EUR = 9.294 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.706 GBP 1 GBP = 1.417 JPY
Japanese Yen Australian Dollar 1 JPY = 1.215 AUD 1 AUD = 0.823 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.135 CAD 1 CAD = 0.881 JPY
Japanese Yen Swiss Franc 1 JPY = 1.175 CHF 1 CHF = 0.851 JPY
Pound Sterling Australian Dollar 1 GBP = 1.721 AUD 1 AUD = 0.581 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.608 CAD 1 CAD = 0.622 GBP
Pound Sterling Swiss Franc 1 GBP = 1.664 CHF 1 CHF = 0.601 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.556 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.934 CAD 1 CAD = 1.071 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.139 CNY 1 CNY = 0.163 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.035 CHF 1 CHF = 0.966 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.569 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.347 CNY 1 CNY = 0.158 CHF

See what else happened on February 19, 2010