Financial news on September 22, 2009

Business and Financial news
A Financier Peels Back the Curtain

Guy Hands, perhaps best known for his unfortunate $4.73 billion purchase of EMI in 2007, offered an unvarnished appraisal of the private equity business. Read more..

By ANDREW ROSS SORKIN - The New York Times

Bank of America Seeks to Pay Back Federal Aid

The bank, under investigation by several agencies for its conduct while acquiring Merrill Lynch, is trying to smooth relations with regulators. Read more..

By LOUISE STORY - The New York Times

F.D.I.C. May Borrow Funds From Banks

Bankers fear the alternative to the plan to have healthy banks lend billions to help the fund would be worse. Read more..

By STEPHEN LABATON - The New York Times

Santander to Sell Stake in Brazilian Unit

The Spanish bank is seeking to raise as much as $7.3 billion in the share sale, which would be the largest ever in Brazil. Read more..

By DAVID JOLLY - The New York Times

When Good Manners Get Left at the Gate

A seasoned traveler tried to strike a balance between putting up with rudeness and taking a stand against it. Read more..

By LARRY WINGET - The New York Times

With Low Prices, Hyundai Builds Market Share

The South Korean automaker benefited from the clunkers program and “went from the perception of cheap to an excellent value,” says one analyst. Read more..

By NICK BUNKLEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 17.06 17.19 16.91 17.01 95.9M
Microsoft MSFT 25.40 25.82 25.29 25.77 61.4M
Pfizer PFE 16.85 16.93 16.60 16.80 60M
Wells Fargo & Co. WFC 28.63 29.54 28.32 29.39 45.2M
JPMorgan Chase JPM 44.81 46.49 44.48 46.47 41.1M
Intel INTC 19.63 19.73 19.45 19.53 38.2M
Cisco Systems CSCO 23.71 23.72 23.30 23.41 34.9M
Oracle Corp. ORCL 21.59 21.71 21.35 21.41 34.2M
AT&T Inc. T 26.95 27.00 26.49 26.50 27.7M
Abbott Laboratories ABT 46.67 46.93 46.40 46.73 17.1M
Verizon Communications VZ 29.61 29.62 29.31 29.51 17M
Comcast CMCSA 17.27 17.44 17.14 17.21 16.7M
Altria MO 18.05 18.06 17.81 17.89 16.5M
ExxonMobil XOM 70.03 70.14 69.70 69.83 14.6M
Wal-Mart Stores WMT 51.03 51.30 50.92 50.99 14.5M
HP Inc. HPQ 46.95 47.17 46.80 47.01 14.3M
Home Depot HD 28.24 28.31 27.48 27.62 14.3M
Merck MRK 31.83 31.83 31.29 31.33 13.8M
UnitedHealth Group UNH 28.72 28.78 27.51 27.58 12.9M
Apple AAPL 185.19 185.38 182.85 184.48 12.7M
Procter & Gamble PG 57.30 57.51 56.96 57.24 11.5M
ConocoPhillips COP 46.66 46.85 46.36 46.64 10.4M
Bristol-Myers Squibb BMY 22.70 22.70 22.27 22.27 10.2M
Johnson & Johnson JNJ 60.87 61.17 60.35 61.08 10M
Coca-Cola KO 53.31 53.31 52.73 52.85 9.71M
Walt Disney & Co. DIS 28.13 28.40 28.01 28.38 9.58M
Amgen AMGN 62.41 62.52 60.58 60.83 9.15M
Amazon AMZN 91.46 94.19 91.10 93.75 8.26M
McDonald's MCD 56.50 56.50 55.58 55.81 8.01M
Chevron CVX 72.72 72.97 72.15 72.63 7.08M
Gilead Sciences GILD 46.38 46.68 45.99 46.13 6.8M
Pepsico PEP 59.10 59.20 58.30 58.58 6.8M
Schlumberger SLB 61.74 61.85 61.00 61.57 6.35M
Alphabet GOOGL 500.92 501.99 497.81 499.06 6.08M
International Business Machines IBM 122.09 122.11 120.98 121.61 5.56M
United Technologies UTX 63.21 63.30 62.80 63.23 4.58M
Boeing BA 52.96 53.31 52.13 53.14 3.9M
Visa V 73.60 74.73 73.32 74.41 3.81M
Union Pacific UNP 61.85 62.62 61.66 62.00 2.74M
3M MMM 74.82 75.15 74.09 74.97 2.21M
Berkshire Hathaway BRK.B 3349.00 3360.00 3308.00 3360.00 33.1K
Exchange Rates of September 22, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.170 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.069 CAD 1 CAD = 0.936 USD
US Dollar Swiss Franc 1 USD = 1.024 CHF 1 CHF = 0.977 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 134.830 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.904 GBP 1 GBP = 1.106 EUR
Euro Australian Dollar 1 EUR = 1.692 AUD 1 AUD = 0.591 EUR
Euro Canadian Dollar 1 EUR = 1.581 CAD 1 CAD = 0.633 EUR
Euro Swiss Franc 1 EUR = 1.514 CHF 1 CHF = 0.660 EUR
Japanese Yen Pound Sterling 1 JPY = 0.670 GBP 1 GBP = 1.492 JPY
Japanese Yen Australian Dollar 1 JPY = 1.255 AUD 1 AUD = 0.797 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.172 CAD 1 CAD = 0.853 JPY
Japanese Yen Swiss Franc 1 JPY = 1.123 CHF 1 CHF = 0.891 JPY
Pound Sterling Australian Dollar 1 GBP = 1.871 AUD 1 AUD = 0.534 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.748 CAD 1 CAD = 0.572 GBP
Pound Sterling Swiss Franc 1 GBP = 1.674 CHF 1 CHF = 0.597 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.933 CAD 1 CAD = 1.072 AUD
Australian Dollar Swiss Franc 1 AUD = 0.894 CHF 1 CHF = 1.119 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.958 CHF 1 CHF = 1.044 CAD

See what else happened on September 22, 2009