Financial news on May 19, 2009
Business and Financial news
With Congress on the verge of limiting penalties on delinquent borrowers, credit card companies are expected to turn to their best customers to make up the difference. Read more..
The price that the government accepts for warrants to buy bank stock could determine whether taxpayers make a profit or a loss. Read more..
The bank has started to buy assets in an attempt to help revive the economy, but its leaders cannot agree on how far to go and when to stop. Read more..
Ford said it has made reductions in the number of dealers, but fewer than those announced by G.M. and Chrysler. Read more..
New York Times columnist Ron Lieber finds that there is some cause for concern in the sweeping credit card legislation that passed the Senate on Tuesday. Read more..
Conrad Black will try to persuade the Supreme Court to overturn his fraud conviction regarding Hollinger International. Read more..
Legislation in Congress calls on airlines to provide certain services for passengers stuck on the runway, but battles continue over whether to permit them to get off the plane while they wait. Read more..
A media pile-on will announce a 47-million-year-old primate. Read more..
Estimates of global natural gas hydrates remain vague, but one U.S. government estimate says that the energy from hydrates could exceed that of all other known fossil fuels. Read more..
Airlines are spending about $100,000 a plane to install the Wi-Fi equipment, and will in turn charge passengers to use the service. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Wells Fargo & Co. | WFC | 27.02 | 27.08 | 25.40 | 25.40 | 96.8M |
General Electric | GE | 13.64 | 13.96 | 13.49 | 13.70 | 92.1M |
JPMorgan Chase | JPM | 37.30 | 37.68 | 35.77 | 35.81 | 59.9M |
Intel | INTC | 15.47 | 15.91 | 15.27 | 15.65 | 59M |
Cisco Systems | CSCO | 18.71 | 19.35 | 18.64 | 18.88 | 53.8M |
Microsoft | MSFT | 20.51 | 20.74 | 20.25 | 20.31 | 51.4M |
Home Depot | HD | 25.39 | 25.40 | 24.00 | 24.63 | 39.9M |
Pfizer | PFE | 15.19 | 15.29 | 15.02 | 15.10 | 34.1M |
HP Inc. | HPQ | 35.97 | 36.98 | 35.61 | 36.58 | 26.1M |
AT&T Inc. | T | 24.75 | 24.84 | 24.63 | 24.67 | 24.9M |
Oracle Corp. | ORCL | 18.79 | 19.21 | 18.77 | 18.97 | 23.4M |
ExxonMobil | XOM | 70.31 | 71.13 | 70.07 | 70.52 | 20.9M |
Comcast | CMCSA | 15.18 | 15.38 | 14.95 | 15.00 | 19.8M |
Abbott Laboratories | ABT | 43.24 | 43.55 | 42.75 | 42.88 | 16.6M |
Coca-Cola | KO | 46.14 | 46.93 | 45.82 | 46.64 | 15.9M |
Merck | MRK | 25.74 | 25.90 | 25.30 | 25.77 | 15.6M |
Procter & Gamble | PG | 52.57 | 53.51 | 52.27 | 52.95 | 15.2M |
Wal-Mart Stores | WMT | 49.92 | 50.00 | 49.35 | 49.36 | 14.6M |
ConocoPhillips | COP | 45.86 | 46.52 | 45.75 | 45.90 | 14.5M |
Chevron | CVX | 65.98 | 66.25 | 65.66 | 65.86 | 14.2M |
Altria | MO | 16.89 | 16.92 | 16.67 | 16.81 | 13.7M |
Johnson & Johnson | JNJ | 56.21 | 56.21 | 55.70 | 55.89 | 13.4M |
Apple | AAPL | 126.82 | 129.31 | 125.74 | 127.45 | 13.3M |
Verizon Communications | VZ | 29.79 | 29.87 | 29.53 | 29.65 | 12M |
Walt Disney & Co. | DIS | 24.25 | 24.40 | 23.75 | 23.82 | 11.9M |
Visa | V | 66.03 | 66.31 | 64.29 | 64.80 | 11.4M |
Gilead Sciences | GILD | 43.15 | 43.18 | 42.10 | 42.69 | 10M |
Bristol-Myers Squibb | BMY | 20.40 | 20.60 | 20.26 | 20.36 | 9.81M |
Schlumberger | SLB | 54.01 | 54.70 | 52.65 | 54.01 | 8.59M |
Amazon | AMZN | 75.43 | 78.96 | 75.12 | 77.87 | 8.03M |
Amgen | AMGN | 49.29 | 50.08 | 49.07 | 49.94 | 7.66M |
Pepsico | PEP | 51.29 | 52.10 | 51.10 | 51.61 | 7.58M |
International Business Machines | IBM | 104.33 | 106.12 | 104.00 | 105.51 | 7.08M |
UnitedHealth Group | UNH | 27.71 | 28.21 | 27.25 | 27.46 | 6.93M |
McDonald's | MCD | 54.34 | 54.46 | 53.72 | 53.87 | 6.33M |
Alphabet | GOOGL | 396.10 | 401.64 | 393.00 | 398.88 | 5.67M |
United Technologies | UTX | 52.84 | 53.17 | 52.21 | 52.30 | 5.57M |
Boeing | BA | 44.36 | 45.06 | 43.90 | 44.62 | 4.79M |
3M | MMM | 59.07 | 59.50 | 58.25 | 59.00 | 4.1M |
Union Pacific | UNP | 48.68 | 49.49 | 47.97 | 48.17 | 3.57M |
Berkshire Hathaway | BRK.B | 2933.00 | 3012.00 | 2933.00 | 3000.00 | 31K |
Exchange Rates of May 19, 2009
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 96.020 JPY | 1 JPY = 0.010 USD |
US Dollar | Canadian Dollar | 1 USD = 1.156 CAD | 1 CAD = 0.865 USD |
US Dollar | Swiss Franc | 1 USD = 1.109 CHF | 1 CHF = 0.901 USD |
US Dollar | Chinese Yuan | 1 USD = 6.825 CNY | 1 CNY = 0.147 USD |
Euro | Japanese Yen | 1 EUR = 130.850 JPY | 1 JPY = 0.008 EUR |
Euro | Pound Sterling | 1 EUR = 0.881 GBP | 1 GBP = 1.136 EUR |
Euro | Australian Dollar | 1 EUR = 1.761 AUD | 1 AUD = 0.568 EUR |
Euro | Canadian Dollar | 1 EUR = 1.575 CAD | 1 CAD = 0.635 EUR |
Euro | Swiss Franc | 1 EUR = 1.512 CHF | 1 CHF = 0.662 EUR |
Euro | Chinese Yuan | 1 EUR = 9.315 CNY | 1 CNY = 0.107 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.673 GBP | 1 GBP = 1.486 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.346 AUD | 1 AUD = 0.743 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.203 CAD | 1 CAD = 0.831 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.155 CHF | 1 CHF = 0.866 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.000 AUD | 1 AUD = 0.500 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.789 CAD | 1 CAD = 0.559 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.716 CHF | 1 CHF = 0.583 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.565 CNY | 1 CNY = 0.095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.894 CAD | 1 CAD = 1.119 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.858 CHF | 1 CHF = 1.166 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.294 CNY | 1 CNY = 0.189 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.959 CHF | 1 CHF = 1.042 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 5.908 CNY | 1 CNY = 0.169 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.159 CNY | 1 CNY = 0.162 CHF |
See what else happened on May 19, 2009