Financial news on July 21, 2009

Business and Financial news
A Race to Provide Wi-Fi (but Not the Voice Part)

Row44 is a new competitor in the market to help airlines provide Internet and related services to its passengers. But what about phone calls? Read more..

By JOE SHARKEY - The New York Times

Banker Who Helped Avert Bailout at Barclays to Leave

Roger Jenkins, who helped the bank avoid a government bailout by winning Middle East investments, will start his own firm. Read more..

By JULIA WERDIGIER - The New York Times

Blank Checks Firing Blanks

Deals involving special-purpose acquisition corporations that sat on cash and safe investments outperformed those that did deals. Read more..

By LAUREN SILVA LAUGHLIN and GEORGE HAY - The New York Times

Bringing the Human Factor Back to Pro Tennis

With 34 percent fewer Americans playing tennis, advertisers are trying to hook them emotionally to get them back on the court. Read more..

By ANDREW ADAM NEWMAN - The New York Times

CIT to Get Financing From Bondholders

After four days of tense negotiations, the CIT Group has found investors willing to throw the foundering lender a financial lifeline. Read more..

By MICHAEL J. de la MERCED - The New York Times

Dealing With Rumors in the Workplace

They are always with us. Ignore them and a bad situation may grow worse. Here are some tips on handling rumors among your employees. Read more..

By PAUL B. BROWN - The New York Times

Markets, Buoyed by Leading Indicators, Gain Momentum

Upbeat investors welcomed reports that the CIT Group was close to securing enough financing to avoid bankruptcy. Read more..

By GERRY SHIH - The New York Times

Top Editor at Us Weekly Is Departing

Janice Min, who helped turn the publication into the No. 2 celebrity magazine behind People, will leave next week. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

TV Outsider Is Pick to Lead Weather Channel’s Universe

Michael J. Kelly has worked in private equity, and he was once the president of AOL Media Networks and a publisher of Entertainment Weekly. Read more..

By BILL CARTER - The New York Times

U.S. Withheld Data on Risks of Distracted Driving

In 2003, researchers at a federal agency proposed a long-term study of 10,000 drivers to assess the safety risk posed by cellphone use behind the wheel. Read more..

By MATT RICHTEL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 11,78 11,81 11,32 11,47 101M
Cisco Systems CSCO 21,27 21,59 20,88 21,59 72.6M
Wells Fargo & Co. WFC 25,78 25,90 24,80 25,35 64.5M
Intel INTC 18,90 18,92 18,51 18,90 63.8M
Pfizer PFE 15,42 15,78 15,36 15,70 55.4M
Microsoft MSFT 24,69 24,83 24,37 24,83 52M
JPMorgan Chase JPM 37,20 37,31 36,60 36,94 43.5M
Oracle Corp. ORCL 21,97 22,00 21,43 21,93 36.4M
Apple AAPL 153,29 153,43 149,75 151,51 31.2M
Merck MRK 28,73 29,79 28,58 29,65 26.7M
ExxonMobil XOM 69,42 70,51 69,33 70,47 25.9M
AT&T Inc. T 24,56 24,77 24,39 24,57 24.1M
Bristol-Myers Squibb BMY 20,08 20,17 19,85 20,11 21.2M
Wal-Mart Stores WMT 48,91 48,95 48,45 48,86 17.2M
Abbott Laboratories ABT 45,20 45,39 44,51 45,00 17M
ConocoPhillips COP 43,55 43,93 43,00 43,50 16.2M
Comcast CMCSA 14,55 14,64 14,07 14,31 16.1M
Verizon Communications VZ 29,98 30,37 29,90 30,32 14.6M
Coca-Cola KO 50,83 50,83 49,80 50,35 14.4M
HP Inc. HPQ 40,09 40,58 39,75 40,57 14.1M
Home Depot HD 24,87 24,90 24,13 24,46 13.7M
Altria MO 17,34 17,50 17,20 17,33 13.2M
Walt Disney & Co. DIS 25,39 25,54 24,96 25,20 13.1M
UnitedHealth Group UNH 25,48 25,87 24,95 25,59 12.9M
Johnson & Johnson JNJ 59,33 59,90 58,82 59,49 11.2M
Procter & Gamble PG 55,94 56,18 52,00 55,05 11.1M
Schlumberger SLB 57,43 57,90 56,00 57,00 10M
Chevron CVX 66,34 66,55 65,40 66,25 9.76M
Gilead Sciences GILD 47,90 48,59 47,61 48,55 9.39M
Boeing BA 42,82 43,71 42,50 43,02 9.16M
International Business Machines IBM 115,87 117,04 115,38 117,04 8.3M
McDonald's MCD 58,52 58,67 57,91 58,63 7.75M
Amazon AMZN 88,52 89,01 87,40 89,01 7.73M
United Technologies UTX 54,45 54,64 53,55 53,97 7.38M
Amgen AMGN 58,67 58,93 58,11 58,63 6.78M
Pepsico PEP 56,49 56,69 55,45 56,40 6.08M
Alphabet GOOGL 430,94 431,90 425,72 427,90 5.93M
3M MMM 64,44 64,74 63,36 64,20 5.03M
Visa V 67,12 67,20 65,79 67,15 4.44M
Union Pacific UNP 59,13 59,61 57,74 58,64 4.23M
Berkshire Hathaway BRK.B 2988,00 2993,00 2968,00 2975,00 30.4K
Exchange Rates of July 21, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 93,650 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,105 CAD 1 CAD = 0,905 USD
US Dollar Swiss Franc 1 USD = 1,066 CHF 1 CHF = 0,938 USD
US Dollar Chinese Yuan 1 USD = 6,831 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 133,100 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,864 GBP 1 GBP = 1,157 EUR
Euro Australian Dollar 1 EUR = 1,739 AUD 1 AUD = 0,575 EUR
Euro Canadian Dollar 1 EUR = 1,570 CAD 1 CAD = 0,637 EUR
Euro Swiss Franc 1 EUR = 1,516 CHF 1 CHF = 0,660 EUR
Euro Chinese Yuan 1 EUR = 9,715 CNY 1 CNY = 0,103 EUR
Japanese Yen Pound Sterling 1 JPY = 0,649 GBP 1 GBP = 1,542 JPY
Japanese Yen Australian Dollar 1 JPY = 1,306 AUD 1 AUD = 0,766 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,179 CAD 1 CAD = 0,848 JPY
Japanese Yen Swiss Franc 1 JPY = 1,138 CHF 1 CHF = 0,878 JPY
Pound Sterling Australian Dollar 1 GBP = 2,012 AUD 1 AUD = 0,497 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,817 CAD 1 CAD = 0,550 GBP
Pound Sterling Swiss Franc 1 GBP = 1,755 CHF 1 CHF = 0,570 GBP
Pound Sterling Chinese Yuan 1 GBP = 11,232 CNY 1 CNY = 0,089 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,903 CAD 1 CAD = 1,108 AUD
Australian Dollar Swiss Franc 1 AUD = 0,872 CHF 1 CHF = 1,147 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,585 CNY 1 CNY = 0,179 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,965 CHF 1 CHF = 1,037 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,188 CNY 1 CNY = 0,162 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,405 CNY 1 CNY = 0,156 CHF

See what else happened on July 21, 2009