Financial news on January 24, 2011

Business and Financial news
An Irreverent Campaign From Bon Appétit

An new campaign for Bon Appétit will carry an assertive theme, “Bite me,” that may topple some chefs’ toques. Read more..

By STUART ELLIOTT - The New York Times

Despite Distinctions, Los Angeles Times Loses Standing at Home

The paper maintains 13 foreign bureaus and is a front-runner for a Pulitzer Prize this year, but its weekday circulation has been nearly halved since 2000. Read more..

By JEREMY W. PETERS - The New York Times

Increasingly Confident Fed Is Set for First Meeting of 2011

The Fed is likely to express guarded optimism about the economy in a statement on Wednesday. Read more..

By SEWELL CHAN - The New York Times

Less Fuel Also Means Less Revenue

For governments, the advent of electric cars means fuel-tax receipts will dwindle because drivers will buy less gasoline. Read more..

By KATE GALBRAITH - International Herald Tribune

News From the Advertising Industry

Account assignments, executive appointments and miscellaneous news from advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

S.E.C. Study Recommends More Oversight of Brokers

Commissioners did not vote on the recommendation that a higher standard of fiduciary duty be applied. Read more..

By EDWARD WYATT - The New York Times

The Understudy Takes the Stage at Apple

When Timothy D. Cook is on his own, he will have to compensate for the absence of Steven P. Jobs. Read more..

By MIGUEL HELFT - The New York Times

William A. Schreyer, a Chief at Merrill Lynch, Dies at 83

Mr. Schreyer led Merrill Lynch’s transition from a stock brokerage firm to a diversified global investment bank. Read more..

By THE ASSOCIATED PRESS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 19.93 20.12 19.74 20.04 98.5M
Intel INTC 21.03 21.24 20.93 21.24 82.4M
Pfizer PFE 18.33 18.54 18.31 18.45 62.8M
Microsoft MSFT 28.02 28.56 27.99 28.38 52M
Cisco Systems CSCO 20.84 21.18 20.73 21.17 44.1M
JPMorgan Chase JPM 45.21 45.48 44.86 45.02 27.8M
Wells Fargo & Co. WFC 32.50 32.71 32.45 32.70 27.5M
ExxonMobil XOM 78.85 79.18 78.09 78.59 24.9M
Apple AAPL 326.87 337.45 326.72 337.45 20.5M
Oracle Corp. ORCL 32.58 32.65 32.07 32.40 20.2M
AT&T Inc. T 28.46 28.56 28.31 28.48 20M
Merck MRK 33.99 33.99 33.77 33.80 19.6M
HP Inc. HPQ 46.69 47.59 46.66 47.55 17M
McDonald's MCD 74.25 75.85 74.15 75.38 16.4M
Verizon Communications VZ 34.88 35.28 34.88 35.24 15.9M
Abbott Laboratories ABT 47.90 48.20 47.87 48.17 15.5M
Altria MO 24.10 24.43 24.05 24.42 13.5M
ConocoPhillips COP 67.76 68.25 67.32 68.10 12.7M
General Motors GM 37.71 37.86 37.03 37.64 12.2M
Comcast CMCSA 23.50 23.67 23.46 23.60 11.4M
Johnson & Johnson JNJ 62.56 62.72 62.16 62.22 11.4M
Wal-Mart Stores WMT 55.39 56.05 55.30 56.05 11.1M
Procter & Gamble PG 65.90 66.70 65.79 66.58 10.6M
Schlumberger SLB 84.00 84.76 82.00 84.25 9.93M
Alphabet GOOGL 607.57 612.49 601.23 611.08 9.19M
Home Depot HD 36.46 36.65 36.30 36.65 8.88M
Bristol-Myers Squibb BMY 26.01 26.13 25.97 26.00 8.81M
Walt Disney & Co. DIS 39.64 39.95 39.54 39.94 7.79M
UnitedHealth Group UNH 40.41 40.50 39.70 39.81 7.6M
Coca-Cola KO 62.87 63.27 62.68 63.25 7.53M
International Business Machines IBM 155.42 159.79 155.33 159.63 7.29M
Chevron CVX 93.89 94.53 93.66 94.10 7.28M
Berkshire Hathaway BRK.B 81.35 83.39 81.29 82.94 7.14M
Gilead Sciences GILD 37.97 38.38 37.90 38.31 6.44M
3M MMM 89.21 90.50 89.06 90.32 6.32M
Visa V 70.23 71.83 70.18 71.79 5.73M
Amgen AMGN 57.06 57.87 56.81 57.29 5.65M
Amazon AMZN 177.95 178.49 174.15 176.85 5.6M
Boeing BA 71.52 72.82 71.51 72.73 5.5M
United Technologies UTX 80.26 81.54 80.26 81.52 4.74M
Pepsico PEP 65.79 66.18 65.60 66.18 4.71M
Union Pacific UNP 94.27 94.58 93.88 94.20 3.84M
Exchange Rates of January 24, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 82.520 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.994 CAD 1 CAD = 1.007 USD
US Dollar Swiss Franc 1 USD = 0.949 CHF 1 CHF = 1.054 USD
US Dollar Chinese Yuan 1 USD = 6.582 CNY 1 CNY = 0.152 USD
Euro Japanese Yen 1 EUR = 112.530 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.853 GBP 1 GBP = 1.172 EUR
Euro Australian Dollar 1 EUR = 1.367 AUD 1 AUD = 0.731 EUR
Euro Canadian Dollar 1 EUR = 1.355 CAD 1 CAD = 0.738 EUR
Euro Swiss Franc 1 EUR = 1.294 CHF 1 CHF = 0.773 EUR
Euro Chinese Yuan 1 EUR = 8.976 CNY 1 CNY = 0.111 EUR
Japanese Yen Pound Sterling 1 JPY = 0.758 GBP 1 GBP = 1.320 JPY
Japanese Yen Australian Dollar 1 JPY = 1.214 AUD 1 AUD = 0.824 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.203 CAD 1 CAD = 0.831 JPY
Japanese Yen Swiss Franc 1 JPY = 1.150 CHF 1 CHF = 0.870 JPY
Pound Sterling Australian Dollar 1 GBP = 1.602 AUD 1 AUD = 0.624 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.588 CAD 1 CAD = 0.630 GBP
Pound Sterling Swiss Franc 1 GBP = 1.517 CHF 1 CHF = 0.659 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.523 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.991 CAD 1 CAD = 1.009 AUD
Australian Dollar Swiss Franc 1 AUD = 0.947 CHF 1 CHF = 1.057 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.564 CNY 1 CNY = 0.152 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.955 CHF 1 CHF = 1.047 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.622 CNY 1 CNY = 0.151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.935 CNY 1 CNY = 0.144 CHF

See what else happened on January 24, 2011