Financial news on January 20, 2009
Business and Financial news
After Sure-Bet Investment Fails, a Bank Contends It Was Duped
A court battle between M&T and Deutsche Bank demonstrates the arguments over who should pay for the collapse of collateralized debt obligations. Read more..
Fiat Nearing a Deal for Chrysler Stake
Fiat is nearing a deal to take a 35 percent stake in Chrysler and begin selling small cars in the United States. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Wells Fargo & Co. | WFC | 16.77 | 17.02 | 13.82 | 14.23 | 204M |
| JPMorgan Chase | JPM | 21.00 | 21.27 | 17.70 | 18.09 | 142M |
| General Electric | GE | 13.95 | 14.09 | 12.80 | 12.93 | 119M |
| Microsoft | MSFT | 19.46 | 19.62 | 18.37 | 18.48 | 89.9M |
| Intel | INTC | 13.56 | 13.74 | 12.81 | 12.86 | 71.6M |
| Cisco Systems | CSCO | 15.76 | 15.93 | 15.01 | 15.01 | 57.8M |
| Pfizer | PFE | 17.24 | 17.83 | 17.12 | 17.20 | 52.8M |
| ExxonMobil | XOM | 77.08 | 78.63 | 76.00 | 76.29 | 42.8M |
| Altria | MO | 16.95 | 17.63 | 16.80 | 17.16 | 38.7M |
| AT&T Inc. | T | 25.06 | 25.75 | 24.88 | 25.02 | 34.3M |
| Oracle Corp. | ORCL | 16.90 | 16.98 | 16.05 | 16.10 | 34.1M |
| Apple | AAPL | 81.93 | 82.00 | 78.20 | 78.20 | 32.9M |
| ConocoPhillips | COP | 48.22 | 48.71 | 45.46 | 45.69 | 24.2M |
| Verizon Communications | VZ | 29.98 | 30.60 | 29.78 | 29.87 | 23.9M |
| Comcast | CMCSA | 15.29 | 15.38 | 14.01 | 14.02 | 23.6M |
| Johnson & Johnson | JNJ | 56.99 | 58.03 | 56.50 | 56.75 | 23.2M |
| Wal-Mart Stores | WMT | 51.41 | 51.64 | 50.44 | 50.56 | 22.6M |
| Home Depot | HD | 22.90 | 23.20 | 21.84 | 21.99 | 20.3M |
| Abbott Laboratories | ABT | 50.44 | 51.14 | 49.14 | 49.20 | 20.2M |
| Walt Disney & Co. | DIS | 21.46 | 21.66 | 20.15 | 20.24 | 19.7M |
| Procter & Gamble | PG | 57.77 | 58.45 | 57.23 | 57.43 | 18M |
| HP Inc. | HPQ | 34.43 | 34.68 | 33.18 | 33.34 | 17.7M |
| Bristol-Myers Squibb | BMY | 21.99 | 22.43 | 21.65 | 21.74 | 17.2M |
| Chevron | CVX | 70.93 | 72.20 | 68.00 | 68.31 | 16.1M |
| Visa | V | 46.05 | 46.41 | 42.06 | 42.42 | 14.9M |
| Merck | MRK | 28.13 | 28.88 | 27.83 | 27.89 | 14.7M |
| Coca-Cola | KO | 43.78 | 44.50 | 42.88 | 42.88 | 14.2M |
| International Business Machines | IBM | 84.76 | 84.92 | 81.76 | 81.98 | 13.8M |
| Schlumberger | SLB | 38.62 | 40.98 | 36.68 | 36.83 | 13M |
| McDonald's | MCD | 59.59 | 59.80 | 56.91 | 57.07 | 11.9M |
| Alphabet | GOOGL | 299.14 | 299.50 | 282.75 | 282.75 | 10.1M |
| Union Pacific | UNP | 39.99 | 40.00 | 37.55 | 37.83 | 9.9M |
| Boeing | BA | 42.08 | 42.74 | 40.20 | 40.36 | 9.64M |
| Gilead Sciences | GILD | 48.08 | 49.06 | 47.20 | 47.20 | 9.07M |
| Amgen | AMGN | 56.89 | 57.79 | 54.92 | 55.00 | 8.66M |
| UnitedHealth Group | UNH | 25.41 | 26.01 | 24.03 | 24.16 | 8.2M |
| Pepsico | PEP | 51.58 | 52.09 | 50.33 | 50.43 | 8.06M |
| United Technologies | UTX | 51.03 | 51.25 | 49.15 | 49.36 | 7.91M |
| Amazon | AMZN | 50.70 | 51.70 | 48.27 | 48.44 | 6.77M |
| 3M | MMM | 55.88 | 56.60 | 53.85 | 53.92 | 5.68M |
| Berkshire Hathaway | BRK.B | 3005.00 | 3018.00 | 2810.00 | 2883.00 | 56.7K |
Exchange Rates of January 20, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 89.760 JPY | 1 JPY = 0.011 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.267 CAD | 1 CAD = 0.789 USD |
| US Dollar | Swiss Franc | 1 USD = 1.146 CHF | 1 CHF = 0.873 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.841 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 115.850 JPY | 1 JPY = 0.009 EUR |
| Euro | Pound Sterling | 1 EUR = 0.926 GBP | 1 GBP = 1.079 EUR |
| Euro | Australian Dollar | 1 EUR = 1.981 AUD | 1 AUD = 0.505 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.635 CAD | 1 CAD = 0.612 EUR |
| Euro | Swiss Franc | 1 EUR = 1.479 CHF | 1 CHF = 0.676 EUR |
| Euro | Chinese Yuan | 1 EUR = 8.824 CNY | 1 CNY = 0.113 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.800 GBP | 1 GBP = 1.250 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.711 AUD | 1 AUD = 0.584 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.410 CAD | 1 CAD = 0.709 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.277 CHF | 1 CHF = 0.783 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.138 AUD | 1 AUD = 0.468 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.764 CAD | 1 CAD = 0.567 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.596 CHF | 1 CHF = 0.627 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 9.506 CNY | 1 CNY = 0.105 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.825 CAD | 1 CAD = 1.212 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.746 CHF | 1 CHF = 1.341 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.444 CNY | 1 CNY = 0.225 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.903 CHF | 1 CHF = 1.107 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.402 CNY | 1 CNY = 0.185 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 5.967 CNY | 1 CNY = 0.168 CHF |
See what else happened on January 20, 2009