Financial news on January 20, 2010

Business and Financial news
A.I.G. Unit May Be Sold to MetLife

The deal, if it goes through, would help pay off $9 billion of A.I.G.’s rescue debt to the government. Read more..

By MARY WILLIAMS WALSH and MICHAEL J. de la MERCED - The New York Times

F.H.A. to Raise Standards for Mortgage Insurance

The Federal Housing Administration, which is supporting the housing market, is expected to announce on Wednesday standards addressing the agency’s finances and unprepared borrowers. Read more..

By DAVID STREITFELD - The New York Times

JAL Bankruptcy Filing Sets Off Reorganization and State-Led Bailout

The once-mighty flagship carrier set the stage for a state-led bailout that could bring sweeping changes to this busy corner of the global aviation market. Read more..

By HIROKO TABUCHI - The New York Times

Lawyers Use Humor to Plead Case

A new breed of advertisements for lawyers uses humor to attract attention and to make fun of law firms that pursue frivolous cases. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Patience Pays Off in Kraft’s Pursuit

While the passage of time may have paid off for Kraft in reaching a deal to snag Cadbury, less patience is called for in refinancing Kraft’s bank debt. Read more..

By AGNES T. CRANE and ROLFE WINKLER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 20.05 20.36 19.87 19.94 79.2M
Wells Fargo & Co. WFC 28.02 28.65 27.70 27.82 75.7M
Intel INTC 20.99 21.14 20.85 21.08 65.7M
General Electric GE 16.50 16.68 16.33 16.50 64.5M
Microsoft MSFT 30.81 30.94 30.31 30.59 54.8M
Cisco Systems CSCO 24.62 24.73 24.12 24.41 42.1M
Oracle Corp. ORCL 25.05 25.13 24.51 25.06 40M
JPMorgan Chase JPM 43.01 43.68 42.71 43.40 39.9M
AT&T Inc. T 26.03 26.03 25.70 25.83 39.1M
ExxonMobil XOM 68.56 68.66 67.93 68.03 34.6M
Verizon Communications VZ 31.23 31.34 30.60 30.71 30.2M
UnitedHealth Group UNH 35.94 36.07 34.29 34.55 26.9M
Apple AAPL 214.91 215.55 209.50 211.73 21.9M
Comcast CMCSA 16.58 16.66 16.20 16.52 21.7M
Merck MRK 40.64 41.15 39.97 41.03 20.8M
Bristol-Myers Squibb BMY 25.45 25.88 25.19 25.46 16.4M
International Business Machines IBM 130.46 131.15 128.95 130.25 15.2M
Abbott Laboratories ABT 56.23 56.79 55.61 56.24 14.1M
HP Inc. HPQ 52.26 52.43 51.49 52.21 13.9M
Wal-Mart Stores WMT 53.92 53.94 53.23 53.86 13.3M
Walt Disney & Co. DIS 31.00 31.24 30.72 31.19 13.3M
Home Depot HD 28.70 28.84 28.35 28.66 13.3M
Johnson & Johnson JNJ 65.47 65.95 64.47 65.15 13M
Altria MO 20.27 20.36 20.15 20.33 12.6M
ConocoPhillips COP 52.81 53.16 52.51 53.06 12.4M
Procter & Gamble PG 60.97 61.04 60.10 60.45 11.6M
Schlumberger SLB 69.77 70.15 67.98 69.09 10.7M
Coca-Cola KO 56.16 56.39 55.29 55.50 9.41M
Amazon AMZN 127.13 129.20 125.08 125.78 9.07M
Chevron CVX 78.71 78.93 77.65 78.15 8.7M
Union Pacific UNP 64.03 64.04 61.92 63.73 8.34M
Gilead Sciences GILD 46.30 46.35 45.44 46.05 7.98M
McDonald's MCD 63.49 63.60 62.75 63.01 7M
Amgen AMGN 57.62 57.62 56.41 57.20 6.63M
Alphabet GOOGL 585.98 585.98 575.29 580.41 6.49M
Pepsico PEP 62.09 62.15 61.44 61.95 5.61M
Boeing BA 60.33 60.57 58.53 60.20 5.37M
United Technologies UTX 72.01 72.24 70.63 71.43 3.67M
3M MMM 84.83 85.13 83.59 84.72 3.67M
Visa V 87.68 87.74 86.31 87.42 3.19M
Berkshire Hathaway BRK.B 3376.00 3502.50 3340.00 3476.00 250K
Exchange Rates of January 20, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.250 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.046 CAD 1 CAD = 0.956 USD
US Dollar Swiss Franc 1 USD = 1.044 CHF 1 CHF = 0.958 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 128.680 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.865 GBP 1 GBP = 1.156 EUR
Euro Australian Dollar 1 EUR = 1.549 AUD 1 AUD = 0.645 EUR
Euro Canadian Dollar 1 EUR = 1.475 CAD 1 CAD = 0.678 EUR
Euro Swiss Franc 1 EUR = 1.472 CHF 1 CHF = 0.679 EUR
Euro Chinese Yuan 1 EUR = 9.633 CNY 1 CNY = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.672 GBP 1 GBP = 1.487 JPY
Japanese Yen Australian Dollar 1 JPY = 1.204 AUD 1 AUD = 0.831 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.146 CAD 1 CAD = 0.873 JPY
Japanese Yen Swiss Franc 1 JPY = 1.144 CHF 1 CHF = 0.874 JPY
Pound Sterling Australian Dollar 1 GBP = 1.789 AUD 1 AUD = 0.559 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.704 CAD 1 CAD = 0.587 GBP
Pound Sterling Swiss Franc 1 GBP = 1.700 CHF 1 CHF = 0.588 GBP
Pound Sterling Chinese Yuan 1 GBP = 11.113 CNY 1 CNY = 0.090 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.952 CAD 1 CAD = 1.051 AUD
Australian Dollar Swiss Franc 1 AUD = 0.950 CHF 1 CHF = 1.053 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.215 CNY 1 CNY = 0.161 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.997 CHF 1 CHF = 1.003 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.526 CNY 1 CNY = 0.153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.540 CNY 1 CNY = 0.153 CHF

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