Financial news on January 22, 2010

Business and Financial news
Basking in Islands of Legalisms

He has been accused of securities fraud and ordered to repay money. But millions are tied up in a trust in the Cook Islands. Read more..

By FLOYD NORRIS - The New York Times

Campaigns Walk the Invisible Tightrope

Some marketers are being upbeat and sometimes combative, while tempering optimism by staying away from Pollyannaish claims. Read more..

By STUART ELLIOTT - The New York Times

Google’s Sales Rose 17% in the Quarter, Fastest Pace in a Year

The results topped Wall Street’s expectations. Revenue for the quarter was $6.67 billion, up from $5.7 billion a year earlier. Read more..

By MIGUEL HELFT - The New York Times

If Bills Fail, a Quandary for Insurers

The health care legislation that could now die in the Senate might have helped the insurance industry over the long term. Read more..

By REED ABELSON - The New York Times

Indictments Against 7 in Galleon Insider Case

Prosecutors have expanded the charges to include two acts of conspiracy, rather than one, and other counts of securities fraud. Read more..

By ZACHERY KOUWE - The New York Times

Nokia Fires Back at Google With Free GPS on 10 Phones

Nokia’s addition of navigation software on its smartphones is an effort to match Google, which offers free GPS on phones using its Android system. Read more..

By KEVIN J. O'BRIEN - The New York Times

Southeast Asia Woos the World

With South East Asian countries from Vietnam to Indonesia promoting themselves as ideal retirement destinations, the efforts have created a niche market for real estate. Read more..

By JON GORVETT - International Herald Tribune

Strong Year for Goldman, as It Trims Bonus Pool

Goldman Sachs reported strong earnings on Thursday, but the bank reduced the share of revenue going to bonuses. Read more..

By GRAHAM BOWLEY - The New York Times

Toyota Issues a 2nd Recall

The latest recall involves 2.3 million vehicles because of accelerators that can get stuck and cause cars to speed up unintentionally. Read more..

By NICK BUNKLEY - The New York Times

Treasury Weighs Fixes to Foreclosures Program

The effort to revamp the Making Home Affordable program comes amid growing pressure to do less for banks and more for households. Read more..

By PETER S. GOODMAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.55 16.76 16.09 16.11 163M
Intel INTC 20.77 20.79 19.81 19.91 116M
JPMorgan Chase JPM 40.65 41.20 38.82 39.16 107M
Microsoft MSFT 30.00 30.20 28.84 28.96 102M
Cisco Systems CSCO 23.84 23.93 22.87 22.97 70.4M
Wells Fargo & Co. WFC 27.97 28.41 27.17 27.26 69.5M
Pfizer PFE 19.26 19.92 18.90 18.96 61.7M
ExxonMobil XOM 66.52 67.14 66.00 66.10 39.1M
AT&T Inc. T 25.52 25.83 25.36 25.39 38.4M
Oracle Corp. ORCL 24.94 25.05 24.11 24.15 33.7M
Apple AAPL 206.78 207.50 197.16 197.75 31.5M
Comcast CMCSA 16.01 16.38 15.81 15.85 28.3M
Verizon Communications VZ 30.57 30.93 30.30 30.34 24.2M
UnitedHealth Group UNH 33.82 34.11 33.10 33.16 21M
HP Inc. HPQ 51.01 51.20 49.25 49.29 20.3M
Wal-Mart Stores WMT 52.96 53.47 52.69 52.94 19.4M
Procter & Gamble PG 59.75 60.69 59.22 60.31 17.7M
ConocoPhillips COP 52.00 52.19 50.51 50.60 17.7M
Merck MRK 39.90 40.29 38.77 38.87 17.5M
Home Depot HD 28.24 28.55 27.68 27.72 16.7M
Bristol-Myers Squibb BMY 24.98 25.05 24.50 24.60 15.9M
McDonald's MCD 63.23 64.78 62.81 63.39 15.6M
Abbott Laboratories ABT 55.33 55.66 54.40 54.51 14.6M
Walt Disney & Co. DIS 30.50 30.71 29.95 29.98 14.5M
Schlumberger SLB 67.39 68.38 64.92 65.24 14.3M
Johnson & Johnson JNJ 63.91 64.19 63.09 63.20 14M
Chevron CVX 75.98 76.59 74.43 74.59 13.8M
Altria MO 19.89 20.04 19.70 19.71 13.7M
Alphabet GOOGL 564.50 570.60 534.86 550.01 13.6M
Coca-Cola KO 54.35 54.86 53.98 54.24 11.8M
Amazon AMZN 125.60 127.67 120.76 121.43 11.6M
Gilead Sciences GILD 46.07 46.42 45.65 46.08 11M
International Business Machines IBM 128.67 128.89 125.37 125.50 10.1M
Berkshire Hathaway BRK.B 72.90 73.27 69.36 70.10 8.78M
Visa V 84.03 84.39 81.64 82.73 7.44M
Pepsico PEP 60.75 61.24 60.31 60.39 7.23M
Amgen AMGN 56.67 57.30 56.53 56.60 5.97M
Union Pacific UNP 65.56 66.24 63.51 63.85 5.83M
United Technologies UTX 69.87 70.29 69.00 69.08 5.81M
3M MMM 82.40 82.83 81.30 81.48 4.81M
Boeing BA 58.62 59.17 57.70 57.77 4.74M
Exchange Rates of January 22, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 89.840 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.058 CAD 1 CAD = 0.946 USD
US Dollar Swiss Franc 1 USD = 1.041 CHF 1 CHF = 0.961 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 126.990 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.877 GBP 1 GBP = 1.140 EUR
Euro Australian Dollar 1 EUR = 1.570 AUD 1 AUD = 0.637 EUR
Euro Canadian Dollar 1 EUR = 1.495 CAD 1 CAD = 0.669 EUR
Euro Swiss Franc 1 EUR = 1.472 CHF 1 CHF = 0.679 EUR
Euro Chinese Yuan 1 EUR = 9.649 CNY 1 CNY = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.690 GBP 1 GBP = 1.449 JPY
Japanese Yen Australian Dollar 1 JPY = 1.235 AUD 1 AUD = 0.810 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.176 CAD 1 CAD = 0.850 JPY
Japanese Yen Swiss Franc 1 JPY = 1.159 CHF 1 CHF = 0.863 JPY
Pound Sterling Australian Dollar 1 GBP = 1.788 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 = 1.677 CHF 1 CHF = 0.596 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.992 CNY 1 CNY = 0.091 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.952 CAD 1 CAD = 1.051 AUD
Australian Dollar Swiss Franc 1 AUD = 0.937 CHF 1 CHF = 1.067 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.148 CNY 1 CNY = 0.163 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.984 CHF 1 CHF = 1.016 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.455 CNY 1 CNY = 0.155 CAD

See what else happened on January 22, 2010