Financial news on January 20, 2010
Business and Financial news
The deal, if it goes through, would help pay off $9 billion of A.I.G.’s rescue debt to the government. Read more..
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..
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..
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..
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..
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
| Currencies | Exchange 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 |
See what else happened on January 20, 2010