Financial news on October 22, 2009

Business and Financial news
A Reversal for eBay as Shoppers Return and Revenue Rises, but Profit Still Slides

The results did provide some indication that the online shopping site may be pulling out of its yearlong slump. Read more..

By CLAIRE CAIN MILLER - The New York Times

A Slow Summer Hurt Continental and American Airlines

Continental’s chief predicted “a new normal that is better than what we see today, but not as good as we saw in the past.” Read more..

By MICHELINE MAYNARD - The New York Times

As the Dollar Sinks, Oil Skyrockets

Despite lagging demand, investors are turning to commodities like oil to avoid the weakness of the American dollar. Read more..

By CLIFFORD KRAUSS - The New York Times

Bank of America Sells Republic Bank to Private Equity Firms

The sale will let Bank of America raise capital and unload a unit that many analysts say does not fit well into its strategy. Read more..

By ZACHERY KOUWE - The New York Times

Boeing Reports $1.6 Billion Loss Because of Delays

The loss includes a charge of $2.5 billion for delays in the 787 Dreamliner and $1 billion for the 747-8 jumbo jet. Read more..

By CHRISTOPHER DREW - The New York Times

Deciphering iPhone Icons

My iPhone displays an E icon for the Edge network when it cannot get a 3G signal from AT&T. But sometimes, instead of the Edge icon, I see a hollow blue dot. What does that mean? Read more..

By J. D. BIERSDORFER - The New York Times

Financial Woes Plagued Galleon Informant

The former employee who brought down the Galleon hedge fund had legal problems of her own. Read more..

By ALEX BERENSON - The New York Times

The Billion Designers of Windows 7

In Microsoft’s new ad campaign, the company credits a billion PC users with the creative genius behind moving beyond a certain unnamed previous Windows operating system. Read more..

By STUART ELLIOTT - The New York Times

T.L.C. to Help an Old Laptop Overcome Its Age

Laptop users who know where to look online and have a little skill can extend the life of their timeworn machines. Read more..

By JOHN BIGGS - The New York Times

Who Gets Paid What

Kenneth R. Feinberg listened for months as companies argued that pay restrictions would drive away talent. Read more..

By LOUISE STORY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.50 15.58 15.11 15.34 125M
Wells Fargo & Co. WFC 28.79 30.28 28.61 30.17 74.9M
Intel INTC 19.87 20.18 19.62 20.12 66.7M
Microsoft MSFT 26.56 26.72 26.13 26.59 61.6M
Pfizer PFE 17.38 17.60 17.30 17.56 57.4M
AT&T Inc. T 26.38 26.64 26.02 26.10 43.8M
Cisco Systems CSCO 23.90 24.25 23.83 24.18 33.9M
JPMorgan Chase JPM 44.92 45.87 44.83 45.71 32.4M
Apple AAPL 204.70 207.85 202.51 205.20 28.3M
Oracle Corp. ORCL 21.95 22.26 21.83 22.19 27M
Verizon Communications VZ 29.17 29.49 28.97 29.02 26.7M
ExxonMobil XOM 73.02 74.65 73.01 74.44 26M
McDonald's MCD 59.87 60.60 59.09 59.50 24.6M
Wal-Mart Stores WMT 50.62 50.75 50.03 50.48 24.6M
Merck MRK 32.39 32.91 31.26 32.87 24.3M
Comcast CMCSA 15.20 15.59 15.04 15.52 21.2M
Amgen AMGN 57.71 57.74 56.04 56.85 20.6M
Amazon AMZN 93.66 94.10 91.70 93.45 16.5M
Abbott Laboratories ABT 51.12 52.31 50.81 52.17 15.6M
Gilead Sciences GILD 44.59 45.09 44.48 44.60 15.3M
Home Depot HD 26.21 26.85 26.05 26.72 14.9M
ConocoPhillips COP 52.84 52.98 51.91 52.93 14.5M
Altria MO 18.17 18.27 17.98 18.18 14.3M
Bristol-Myers Squibb BMY 22.63 22.67 22.12 22.46 14.2M
UnitedHealth Group UNH 25.05 26.00 25.02 25.71 13.8M
Chevron CVX 76.61 77.73 76.00 77.29 12.7M
Schlumberger SLB 67.75 68.88 66.86 68.60 10.8M
Procter & Gamble PG 57.48 58.32 57.37 58.13 10.3M
Johnson & Johnson JNJ 60.15 61.24 60.04 60.94 9.93M
Union Pacific UNP 62.42 63.31 59.55 61.12 9.33M
HP Inc. HPQ 48.07 48.49 47.73 48.32 9.19M
Coca-Cola KO 53.58 54.27 53.41 54.15 8.18M
Walt Disney & Co. DIS 29.07 29.57 28.85 29.44 7.55M
3M MMM 78.00 79.25 77.12 78.79 7.19M
Boeing BA 50.33 51.23 49.75 51.07 6.38M
International Business Machines IBM 120.75 123.00 120.34 122.69 6.03M
Visa V 75.60 75.88 74.26 75.69 5.44M
Pepsico PEP 61.90 61.90 60.87 61.50 5.43M
United Technologies UTX 65.26 66.06 64.90 65.90 4.8M
Alphabet GOOGL 550.00 555.00 548.00 554.09 4.67M
Berkshire Hathaway BRK.B 3294.00 3339.00 3272.00 3339.00 35.8K
Exchange Rates of October 22, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.330 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.047 CAD 1 CAD = 0.955 USD
US Dollar Swiss Franc 1 USD = 1.005 CHF 1 CHF = 0.995 USD
US Dollar Chinese Yuan 1 USD = 6.830 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 137.220 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.904 GBP 1 GBP = 1.106 EUR
Euro Australian Dollar 1 EUR = 1.621 AUD 1 AUD = 0.617 EUR
Euro Canadian Dollar 1 EUR = 1.573 CAD 1 CAD = 0.636 EUR
Euro Swiss Franc 1 EUR = 1.510 CHF 1 CHF = 0.662 EUR
Euro Chinese Yuan 1 EUR = 10.262 CNY 1 CNY = 0.097 EUR
Japanese Yen Pound Sterling 1 JPY = 0.659 GBP 1 GBP = 1.518 JPY
Japanese Yen Australian Dollar 1 JPY = 1.181 AUD 1 AUD = 0.847 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.146 CAD 1 CAD = 0.873 JPY
Japanese Yen Swiss Franc 1 JPY = 1.100 CHF 1 CHF = 0.909 JPY
Pound Sterling Australian Dollar 1 GBP = 1.793 AUD 1 AUD = 0.558 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.740 CAD 1 CAD = 0.575 GBP
Pound Sterling Swiss Franc 1 GBP = 1.670 CHF 1 CHF = 0.599 GBP
Pound Sterling Chinese Yuan 1 GBP = 11.336 CNY 1 CNY = 0.088 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.970 CAD 1 CAD = 1.031 AUD
Australian Dollar Swiss Franc 1 AUD = 0.930 CHF 1 CHF = 1.075 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.323 CNY 1 CNY = 0.158 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.959 CHF 1 CHF = 1.042 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.519 CNY 1 CNY = 0.153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.794 CNY 1 CNY = 0.147 CHF

See what else happened on October 22, 2009