Financial news on September 23rd, 2008
Business and Financial news
The Dow Jones industrial average fell more than 3 percent amid uncertainty about the government bailout plan and a sharp decline in the value of the dollar. Read more..
Major A.I.G. shareholders were scrambling to see if a better deal was possible than the anticipated restructuring under the Federal Reserve. Read more..
Discussions with the Bush administration have addressed measures such as increased oversight and aid for homeowners at risk of foreclosure. Read more..
Struggling recently with high costs and tight credit, the small twin-engine jet maker said it would begin manufacturing in Russia. Read more..
Many mortgage experts say the government would have a difficult time modifying mortgages even if it were eager to do so. Read more..
Microsoft said it would buy back $40 billion of its shares, H.P. would repurchase $8 billion in shares and Nike said it would take on $5 billion. Read more..
The budget lodging chain seeks to capitalize on the popularity of country music among its customers. Read more..
Nearly all the major banks and large insurance companies are on the list of companies that regulators are protecting from short-sellers. Read more..
Not only are retailers grappling with a sputtering economy, but the credit crisis is making it harder for them to finance operations. Read more..
For much of the past decade, the Taiwanese manufacturer operated in relative obscurity as a contract manufacturer for many carriers. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 25,66 | 26,17 | 25,34 | 25,44 | 92.2M |
Intel | INTC | 18,64 | 19,21 | 18,50 | 18,63 | 64.7M |
General Electric | GE | 25,36 | 25,64 | 24,66 | 24,95 | 64.1M |
Pfizer | PFE | 18,20 | 18,50 | 18,01 | 18,01 | 61.2M |
Cisco Systems | CSCO | 23,31 | 23,50 | 22,66 | 22,73 | 46.4M |
Apple | AAPL | 131,85 | 135,80 | 126,66 | 126,84 | 45.7M |
Oracle Corp. | ORCL | 19,82 | 20,55 | 19,64 | 19,69 | 42.1M |
Wells Fargo & Co. | WFC | 35,05 | 36,59 | 34,03 | 34,17 | 32.7M |
JPMorgan Chase | JPM | 40,55 | 42,18 | 40,06 | 40,56 | 32.4M |
ExxonMobil | XOM | 78,57 | 80,50 | 77,58 | 77,69 | 27.9M |
AT&T Inc. | T | 29,29 | 29,93 | 28,65 | 28,75 | 26.8M |
Home Depot | HD | 25,67 | 26,25 | 25,15 | 25,26 | 22.4M |
Wal-Mart Stores | WMT | 58,91 | 59,91 | 58,33 | 58,40 | 22.2M |
Comcast | CMCSA | 19,95 | 20,25 | 19,14 | 19,26 | 21.4M |
HP Inc. | HPQ | 47,53 | 48,46 | 46,65 | 46,88 | 19.6M |
Abbott Laboratories | ABT | 57,47 | 59,18 | 57,47 | 58,51 | 19.1M |
ConocoPhillips | COP | 77,32 | 78,53 | 73,94 | 74,58 | 18.5M |
Merck | MRK | 31,47 | 32,00 | 30,69 | 30,75 | 17.6M |
Verizon Communications | VZ | 32,06 | 32,40 | 30,91 | 31,05 | 15.9M |
Bristol-Myers Squibb | BMY | 20,63 | 20,82 | 20,16 | 20,26 | 15.4M |
Procter & Gamble | PG | 68,14 | 69,64 | 67,07 | 67,28 | 15.1M |
Chevron | CVX | 87,16 | 88,39 | 84,89 | 85,46 | 14.6M |
Johnson & Johnson | JNJ | 68,68 | 69,10 | 68,06 | 68,15 | 13.6M |
Walt Disney & Co. | DIS | 32,88 | 33,32 | 32,15 | 32,53 | 13.5M |
Coca-Cola | KO | 51,43 | 52,34 | 50,57 | 50,68 | 12.8M |
Altria | MO | 20,10 | 20,43 | 19,78 | 19,78 | 12.2M |
Schlumberger | SLB | 89,37 | 90,21 | 85,85 | 86,22 | 12.2M |
McDonald's | MCD | 62,63 | 64,50 | 61,31 | 61,78 | 11.5M |
Visa | V | 65,85 | 67,47 | 64,11 | 66,90 | 11M |
Alphabet | GOOGL | 433,25 | 440,79 | 425,72 | 429,27 | 10.4M |
Union Pacific | UNP | 74,97 | 76,49 | 72,70 | 73,73 | 9.46M |
Gilead Sciences | GILD | 45,15 | 45,71 | 44,49 | 44,69 | 8.88M |
Amazon | AMZN | 75,79 | 76,29 | 70,77 | 71,76 | 8.59M |
International Business Machines | IBM | 116,21 | 118,17 | 114,14 | 115,36 | 8.01M |
Amgen | AMGN | 57,76 | 59,48 | 57,57 | 57,57 | 7.78M |
Pepsico | PEP | 71,14 | 72,33 | 70,57 | 70,75 | 7.29M |
Boeing | BA | 58,91 | 60,39 | 57,19 | 57,31 | 6.63M |
United Technologies | UTX | 61,70 | 62,47 | 59,96 | 60,15 | 6.57M |
UnitedHealth Group | UNH | 26,27 | 27,50 | 25,24 | 26,00 | 6.47M |
3M | MMM | 70,77 | 71,03 | 69,00 | 69,00 | 5.79M |
Berkshire Hathaway | BRK.B | 4250,00 | 4355,00 | 4227,00 | 4300,00 | 21.7K |
Exchange Rates of September 23rd, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 105,800 JPY | 1 JPY = 0,009 USD |
US Dollar | Canadian Dollar | 1 USD = 1,038 CAD | 1 CAD = 0,964 USD |
US Dollar | Chinese Yuan | 1 USD = 6,812 CNY | 1 CNY = 0,147 USD |
Euro | Japanese Yen | 1 EUR = 155,180 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,791 GBP | 1 GBP = 1,264 EUR |
Euro | Australian Dollar | 1 EUR = 1,759 AUD | 1 AUD = 0,568 EUR |
Euro | Canadian Dollar | 1 EUR = 1,522 CAD | 1 CAD = 0,657 EUR |
Euro | Swiss Franc | 1 EUR = 1,593 CHF | 1 CHF = 0,628 EUR |
Euro | Chinese Yuan | 1 EUR = 9,980 CNY | 1 CNY = 0,100 EUR |
Pound Sterling | Australian Dollar | 1 GBP = 2,222 AUD | 1 AUD = 0,450 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,923 CAD | 1 CAD = 0,520 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,012 CHF | 1 CHF = 0,497 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 12,603 CNY | 1 CNY = 0,079 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,865 CAD | 1 CAD = 1,156 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,905 CHF | 1 CHF = 1,105 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5,663 CNY | 1 CNY = 0,177 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,046 CHF | 1 CHF = 0,956 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,560 CNY | 1 CNY = 0,152 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,265 CNY | 1 CNY = 0,160 CHF |
See what else happened on September 23rd, 2008