Financial news on December 22, 2008

Business and Financial news
Accounts, People, Miscellany

Accounts. Read more..

By STUART ELLIOTT - The New York Times

Exports From Japan Fall at a Record Pace

Japanese exports plunged the most on record in November as demand for cars and electronics collapsed. Read more..

By BLOOMBERG NEWS - The New York Times

Firm Built on Madoff Ties Faces Tough Questions

Fairfield Greenwich Group took over $500 million in fees from money it placed with Bernard L. Madoff’s fund. Read more..

By ALEX BERENSON and ERIC KONIGSBERG - The New York Times

For Conservative Radio, It’s a New Dawn, Too

Talk radio hosts are back on offense, with some familiar names joining the airwaves as Barack Obama takes office. Read more..

By BRIAN STELTER - The New York Times

In Move to Digital TV, Confusion Is in the Air

When the switch is thrown to convert all TV transmissions in America to digital by the Feb. 17 deadline, millions of people may be left with no signal at all. Read more..

By ERIC A. TAUB - The New York Times

Ireland Props Up Three Banks and Takes Control of One

The government will inject 1.5 billion euros into Anglo Irish Bank, and the other two banks will each receive 2 billion euros. Read more..

By BLOOMBERG NEWS - The New York Times

One Man’s Vision for Newspapers’ Future, as Insulation

The Salvation Army is distributing 3,000 jackets insulated with shredded newspapers to homeless people in Canada this winter. Read more..

By IAN AUSTEN - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Time Cover Sure Looks a Lot Like a Campaign Image

The cover illustration was produced by Shepard Fairey, the street artist who created the prominent “Hope” image of the presidential candidate last winter. Read more..

By BRIAN STELTER - The New York Times

Uncertainty Grows Over Parent’s Role in Chrysler

Chrysler has not said how it plans to use the proceeds of federal loans, but its parent company has indicated it might just give away its 80 percent stake to the U.A.W. and other creditors. Read more..

By BILL VLASIC - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16,56 16,63 15,75 16,07 72.5M
Microsoft MSFT 19,24 19,29 18,89 19,18 58.6M
Pfizer PFE 17,38 17,51 16,90 17,18 47.4M
Intel INTC 14,48 14,58 14,00 14,34 42.4M
Wells Fargo & Co. WFC 29,11 29,30 27,28 27,42 41.2M
ExxonMobil XOM 75,21 75,87 73,27 74,91 41M
Cisco Systems CSCO 16,61 16,71 15,99 16,37 38.8M
JPMorgan Chase JPM 30,64 31,19 29,51 29,82 36.4M
Oracle Corp. ORCL 17,79 17,79 17,17 17,52 32.7M
Apple AAPL 90,02 90,03 84,69 85,74 30.2M
AT&T Inc. T 28,14 28,65 27,53 28,13 24.6M
Altria MO 15,19 15,22 14,49 14,73 23.5M
Comcast CMCSA 15,77 15,90 15,38 15,69 19.4M
Merck MRK 28,47 29,38 28,29 29,09 17.1M
Wal-Mart Stores WMT 55,99 56,50 55,48 55,99 17M
Bristol-Myers Squibb BMY 23,00 23,25 22,44 22,93 17M
Chevron CVX 71,60 72,00 68,56 69,39 16.9M
Abbott Laboratories ABT 52,39 52,90 51,54 52,71 16.6M
Verizon Communications VZ 33,42 33,92 32,63 33,42 16.4M
ConocoPhillips COP 51,34 51,48 48,88 49,53 14.8M
Johnson & Johnson JNJ 59,18 59,54 58,06 58,93 14.2M
Home Depot HD 24,09 24,13 23,16 23,72 13.2M
HP Inc. HPQ 35,45 35,46 34,04 34,75 13.2M
Walt Disney & Co. DIS 22,41 22,53 21,28 21,93 12.6M
Procter & Gamble PG 60,89 60,89 59,25 60,46 11.4M
Schlumberger SLB 40,68 41,70 38,44 38,91 11.3M
Coca-Cola KO 44,73 44,81 44,00 44,66 11.2M
McDonald's MCD 60,32 61,40 60,07 61,40 9.06M
Amazon AMZN 51,60 52,15 48,47 49,84 8.92M
Gilead Sciences GILD 49,97 50,35 49,07 50,30 8.51M
UnitedHealth Group UNH 26,47 26,82 25,00 25,74 8.16M
United Technologies UTX 50,65 51,91 49,95 51,74 7.9M
Alphabet GOOGL 308,56 309,50 290,63 297,11 7.83M
International Business Machines IBM 83,27 83,45 80,32 81,99 7.08M
Amgen AMGN 58,17 58,52 56,48 57,13 5.92M
Pepsico PEP 54,28 54,85 52,96 53,75 5.74M
Boeing BA 40,65 41,56 40,00 41,12 5.4M
Union Pacific UNP 46,57 47,95 45,97 46,98 5.12M
3M MMM 56,53 57,06 55,27 56,37 4.21M
Visa V 54,86 55,24 52,98 53,75 3.52M
Berkshire Hathaway BRK.B 3230,00 3250,00 3102,00 3199,00 24K
Exchange Rates of December 22, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90,260 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,221 CAD 1 CAD = 0,819 USD
US Dollar Swiss Franc 1 USD = 1,093 CHF 1 CHF = 0,915 USD
US Dollar Chinese Yuan 1 USD = 6,852 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 125,740 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,940 GBP 1 GBP = 1,064 EUR
Euro Australian Dollar 1 EUR = 2,037 AUD 1 AUD = 0,491 EUR
Euro Canadian Dollar 1 EUR = 1,702 CAD 1 CAD = 0,588 EUR
Euro Swiss Franc 1 EUR = 1,525 CHF 1 CHF = 0,656 EUR
Euro Chinese Yuan 1 EUR = 9,552 CNY 1 CNY = 0,105 EUR
Japanese Yen Pound Sterling 1 JPY = 0,747 GBP 1 GBP = 1,339 JPY
Japanese Yen Australian Dollar 1 JPY = 1,619 AUD 1 AUD = 0,618 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,353 CAD 1 CAD = 0,739 JPY
Japanese Yen Swiss Franc 1 JPY = 1,211 CHF 1 CHF = 0,825 JPY
Pound Sterling Australian Dollar 1 GBP = 2,166 AUD 1 AUD = 0,462 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,811 CAD 1 CAD = 0,552 GBP
Pound Sterling Swiss Franc 1 GBP = 1,621 CHF 1 CHF = 0,617 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,155 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,835 CAD 1 CAD = 1,198 AUD
Australian Dollar Swiss Franc 1 AUD = 0,748 CHF 1 CHF = 1,337 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,695 CNY 1 CNY = 0,213 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,895 CHF 1 CHF = 1,117 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,619 CNY 1 CNY = 0,178 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,264 CNY 1 CNY = 0,160 CHF

See what else happened on December 22, 2008