Financial news on September 24, 2010
Business and Financial news
Escalating a dispute over Japan’s detention of a Chinese fishing trawler captain, China halted exports of some crucial rare earth elements. Read more..
Banks are sitting out the busiest September for corporate bond sales in a sign they may refrain from lending while the Federal Reserve considers how to jolt the economic recovery. Read more..
The chain wants to rid itself of almost $1 billion in debt so it can respond more effectively to a growing number of rivals. Read more..
Some industry executives and analysts said that China had suspended the shipments in response to a diplomatic dispute over Japan’s detention of a Chinese fishing trawler captain. Read more..
Vikram S. Pandit will again take a $1 salary for 2010, but Citigroup says it will increase his compensation in 2011. Read more..
Mr. Jelinek unlocked human speech for computers by thinking like a computer. Read more..
Victims of Bernard L. Madoff’s $65 billion Ponzi scheme are not being treated fairly by the court-appointed trustee liquidator, Irving H. Picard, Republican Representative Pete King said Thursday: “They should be treated as victims, not as criminals.” Read more..
Renewing the obligation for “best execution” of orders could help protect investors, Floyd Norris writes in his latest column in The New York Times. Read more..
Oracle’s chief executive, Larry Ellison, says his company won’t follow one of the technology world’s hottest trends: buying services companies. Read more..
Raj Rajaratnam is “a man of Falstaffian appetites and a craving for power,” Forbes writes, in a profile of the former billionaire hedge fund manager arrested last October and charged with running the largest insider-trading ring busted since the 1980s. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16,33 | 16,66 | 16,30 | 16,66 | 85M |
Oracle Corp. | ORCL | 27,44 | 27,50 | 26,74 | 26,96 | 58.1M |
Intel | INTC | 19,23 | 19,45 | 19,18 | 19,42 | 55.7M |
Cisco Systems | CSCO | 21,84 | 22,25 | 21,75 | 22,09 | 54.2M |
Microsoft | MSFT | 24,64 | 24,80 | 24,58 | 24,78 | 51.9M |
Wells Fargo & Co. | WFC | 25,46 | 25,73 | 25,33 | 25,59 | 46.5M |
Pfizer | PFE | 17,22 | 17,41 | 17,15 | 17,40 | 33.7M |
JPMorgan Chase | JPM | 39,51 | 39,80 | 39,30 | 39,75 | 28.9M |
AT&T Inc. | T | 28,70 | 28,80 | 28,50 | 28,58 | 26.6M |
ExxonMobil | XOM | 61,51 | 62,13 | 61,36 | 61,75 | 25.1M |
HP Inc. | HPQ | 41,16 | 41,70 | 40,87 | 40,98 | 24.6M |
Apple | AAPL | 292,10 | 293,53 | 290,55 | 292,32 | 23.2M |
Comcast | CMCSA | 18,20 | 18,59 | 18,08 | 18,57 | 20.1M |
Verizon Communications | VZ | 32,47 | 32,68 | 32,40 | 32,64 | 18.7M |
Berkshire Hathaway | BRK.B | 82,09 | 85,86 | 82,00 | 83,32 | 16M |
Altria | MO | 23,74 | 24,02 | 23,69 | 24,00 | 15.7M |
Abbott Laboratories | ABT | 51,99 | 52,33 | 51,75 | 51,94 | 13.7M |
Johnson & Johnson | JNJ | 61,98 | 62,40 | 61,83 | 62,14 | 12.6M |
Bristol-Myers Squibb | BMY | 27,75 | 27,93 | 27,57 | 27,62 | 12.5M |
Merck | MRK | 36,82 | 37,39 | 36,73 | 37,34 | 11.6M |
Home Depot | HD | 31,27 | 31,69 | 31,24 | 31,64 | 11.4M |
Walt Disney & Co. | DIS | 33,38 | 33,82 | 33,31 | 33,58 | 10.7M |
Procter & Gamble | PG | 61,50 | 61,81 | 61,36 | 61,64 | 10.6M |
Amazon | AMZN | 155,43 | 160,89 | 155,42 | 160,73 | 10.6M |
ConocoPhillips | COP | 55,61 | 56,57 | 55,35 | 56,36 | 10.2M |
Schlumberger | SLB | 59,12 | 61,06 | 58,91 | 60,64 | 9.84M |
Wal-Mart Stores | WMT | 53,95 | 54,39 | 53,84 | 54,08 | 9.77M |
UnitedHealth Group | UNH | 35,94 | 35,94 | 35,60 | 35,73 | 8.56M |
Chevron | CVX | 79,26 | 80,29 | 78,71 | 80,12 | 8.26M |
Gilead Sciences | GILD | 36,36 | 36,76 | 36,01 | 36,55 | 7.68M |
International Business Machines | IBM | 132,42 | 134,15 | 132,34 | 134,11 | 7.12M |
Coca-Cola | KO | 58,32 | 58,80 | 58,23 | 58,62 | 6.91M |
Alphabet | GOOGL | 521,74 | 527,83 | 518,26 | 527,29 | 6.71M |
Pepsico | PEP | 66,10 | 66,41 | 65,83 | 66,13 | 6.37M |
McDonald's | MCD | 75,40 | 75,44 | 74,94 | 75,10 | 5.84M |
Amgen | AMGN | 55,78 | 56,37 | 55,30 | 56,32 | 5.29M |
Visa | V | 71,75 | 72,37 | 71,36 | 72,37 | 5.26M |
Boeing | BA | 63,52 | 64,83 | 63,33 | 64,60 | 4.63M |
3M | MMM | 86,41 | 87,47 | 85,79 | 86,96 | 3.42M |
United Technologies | UTX | 70,44 | 71,68 | 70,44 | 71,50 | 2.99M |
Union Pacific | UNP | 79,97 | 82,15 | 79,64 | 82,10 | 2.74M |
Exchange Rates of September 24, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 84,200 JPY | 1 JPY = 0,012 USD |
US Dollar | Canadian Dollar | 1 USD = 1,024 CAD | 1 CAD = 0,977 USD |
US Dollar | Swiss Franc | 1 USD = 0,983 CHF | 1 CHF = 1,018 USD |
US Dollar | Chinese Yuan | 1 USD = 6,705 CNY | 1 CNY = 0,149 USD |
Euro | Japanese Yen | 1 EUR = 113,580 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,853 GBP | 1 GBP = 1,172 EUR |
Euro | Australian Dollar | 1 EUR = 1,406 AUD | 1 AUD = 0,711 EUR |
Euro | Canadian Dollar | 1 EUR = 1,381 CAD | 1 CAD = 0,724 EUR |
Euro | Swiss Franc | 1 EUR = 1,326 CHF | 1 CHF = 0,754 EUR |
Euro | Chinese Yuan | 1 EUR = 9,043 CNY | 1 CNY = 0,111 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,750 GBP | 1 GBP = 1,333 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,237 AUD | 1 AUD = 0,808 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,216 CAD | 1 CAD = 0,823 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,167 CHF | 1 CHF = 0,857 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,650 AUD | 1 AUD = 0,606 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,620 CAD | 1 CAD = 0,617 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,555 CHF | 1 CHF = 0,643 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10,599 CNY | 1 CNY = 0,094 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,982 CAD | 1 CAD = 1,018 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,942 CHF | 1 CHF = 1,061 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6,430 CNY | 1 CNY = 0,156 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,960 CHF | 1 CHF = 1,042 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,547 CNY | 1 CNY = 0,153 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,819 CNY | 1 CNY = 0,147 CHF |
See what else happened on September 24, 2010