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..

By VIKAS BAJAJ - The New York Times

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..

By NICK BUNKLEY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC16.7717.0213.8214.23204M
JPMorgan ChaseJPM21.0021.2717.7018.09142M
General ElectricGE13.9514.0912.8012.93119M
MicrosoftMSFT19.4619.6218.3718.4889.9M
IntelINTC13.5613.7412.8112.8671.6M
Cisco SystemsCSCO15.7615.9315.0115.0157.8M
PfizerPFE17.2417.8317.1217.2052.8M
ExxonMobilXOM77.0878.6376.0076.2942.8M
AltriaMO16.9517.6316.8017.1638.7M
AT&T Inc.T25.0625.7524.8825.0234.3M
Oracle Corp.ORCL16.9016.9816.0516.1034.1M
AppleAAPL81.9382.0078.2078.2032.9M
ConocoPhillipsCOP48.2248.7145.4645.6924.2M
Verizon CommunicationsVZ29.9830.6029.7829.8723.9M
ComcastCMCSA15.2915.3814.0114.0223.6M
Johnson & JohnsonJNJ56.9958.0356.5056.7523.2M
Wal-Mart StoresWMT51.4151.6450.4450.5622.6M
Home DepotHD22.9023.2021.8421.9920.3M
Abbott LaboratoriesABT50.4451.1449.1449.2020.2M
Walt Disney & Co.DIS21.4621.6620.1520.2419.7M
Procter & GamblePG57.7758.4557.2357.4318M
HP Inc.HPQ34.4334.6833.1833.3417.7M
Bristol-Myers SquibbBMY21.9922.4321.6521.7417.2M
ChevronCVX70.9372.2068.0068.3116.1M
VisaV46.0546.4142.0642.4214.9M
MerckMRK28.1328.8827.8327.8914.7M
Coca-ColaKO43.7844.5042.8842.8814.2M
International Business MachinesIBM84.7684.9281.7681.9813.8M
SchlumbergerSLB38.6240.9836.6836.8313M
McDonald'sMCD59.5959.8056.9157.0711.9M
AlphabetGOOGL299.14299.50282.75282.7510.1M
Union PacificUNP39.9940.0037.5537.839.9M
BoeingBA42.0842.7440.2040.369.64M
Gilead SciencesGILD48.0849.0647.2047.209.07M
AmgenAMGN56.8957.7954.9255.008.66M
UnitedHealth GroupUNH25.4126.0124.0324.168.2M
PepsicoPEP51.5852.0950.3350.438.06M
United TechnologiesUTX51.0351.2549.1549.367.91M
AmazonAMZN50.7051.7048.2748.446.77M
3MMMM55.8856.6053.8553.925.68M
Berkshire HathawayBRK.B3005.003018.002810.002883.0056.7K
Exchange Rates of January 20, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.760 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.267 CAD1 CAD = 0.789 USD
US DollarSwiss Franc1 USD = 1.146 CHF1 CHF = 0.873 USD
US DollarChinese Yuan1 USD = 6.841 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 115.850 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.926 GBP1 GBP = 1.079 EUR
EuroAustralian Dollar1 EUR = 1.981 AUD1 AUD = 0.505 EUR
EuroCanadian Dollar1 EUR = 1.635 CAD1 CAD = 0.612 EUR
EuroSwiss Franc1 EUR = 1.479 CHF1 CHF = 0.676 EUR
EuroChinese Yuan1 EUR = 8.824 CNY1 CNY = 0.113 EUR
Japanese YenPound Sterling1 JPY = 0.800 GBP1 GBP = 1.250 JPY
Japanese YenAustralian Dollar1 JPY = 1.711 AUD1 AUD = 0.584 JPY
Japanese YenCanadian Dollar1 JPY = 1.410 CAD1 CAD = 0.709 JPY
Japanese YenSwiss Franc1 JPY = 1.277 CHF1 CHF = 0.783 JPY
Pound SterlingAustralian Dollar1 GBP = 2.138 AUD1 AUD = 0.468 GBP
Pound SterlingCanadian Dollar1 GBP = 1.764 CAD1 CAD = 0.567 GBP
Pound SterlingSwiss Franc1 GBP = 1.596 CHF1 CHF = 0.627 GBP
Pound SterlingChinese Yuan1 GBP = 9.506 CNY1 CNY = 0.105 GBP
Australian DollarCanadian Dollar1 AUD = 0.825 CAD1 CAD = 1.212 AUD
Australian DollarSwiss Franc1 AUD = 0.746 CHF1 CHF = 1.341 AUD
Australian DollarChinese Yuan1 AUD = 4.444 CNY1 CNY = 0.225 AUD
Canadian DollarSwiss Franc1 CAD = 0.903 CHF1 CHF = 1.107 CAD
Canadian DollarChinese Yuan1 CAD = 5.402 CNY1 CNY = 0.185 CAD
Swiss FrancChinese Yuan1 CHF = 5.967 CNY1 CNY = 0.168 CHF

See what else happened on January 20, 2009