Financial news on February 25th, 2009

Business and Financial news
Google Restores Gmail Access Lost Worldwide

The problem started around 4:30 a.m. Eastern time on Tuesday, when many users in the United States were asleep, but during the work day in Europe and much of Asia. Read more..

By BLOOMBERG NEWS - The New York Times

Hearst Threatens to End San Francisco Paper

Hearst’s ultimatum to sell or close The San Francisco Chronicle raised the prospect of the city becoming the largest in the country to lose its dominant newspaper. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Hong Kong Court Delays PCCW’s Plan to Privatize

Hong Kong’s high court gave market regulators three weeks to investigate accusations of vote fraud at the telecommunications company. Read more..

By BETTINA WASSENER - The New York Times

Like Having Medicare? Then Taxes Must Rise

Americans are going to have to pay higher taxes in order to continue to field a strong military and maintain popular programs like Medicare. Read more..

By DAVID LEONHARDT - The New York Times

News Corp. Board Should Scrutinize Murdoch Scion

As the News Corporation examines who should become its next president, it should not make the accession of James Murdoch, Rupert Murdoch’s son, as fait accompli. Read more..

By ROB COX and DWIGHT CASS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC12.9614.0811.7713.44210M
General ElectricGE9.099.468.719.01192M
JPMorgan ChaseJPM20.9123.2220.1221.73136M
AT&T Inc.T23.4624.1223.1523.7161.2M
Cisco SystemsCSCO14.9215.1314.3714.7756.3M
Oracle Corp.ORCL16.3816.5716.0116.2433.5M
HP Inc.HPQ29.7630.6529.2030.1228.1M
Home DepotHD20.3520.7820.0120.3127M
Verizon CommunicationsVZ28.4828.9927.9628.5525.7M
Wal-Mart StoresWMT48.9750.0648.5649.2125.5M
Johnson & JohnsonJNJ54.5954.7653.5953.9621M
Abbott LaboratoriesABT54.5954.7853.2853.6219.3M
Procter & GamblePG49.5950.4849.2249.9217.4M
Bristol-Myers SquibbBMY20.4020.8620.0120.4716.4M
Walt Disney & Co.DIS17.7817.8017.0317.3616.1M
UnitedHealth GroupUNH24.1024.1022.5623.0314.3M
International Business MachinesIBM86.0087.1282.8585.9012.6M
United TechnologiesUTX42.6642.6641.0641.5210.2M
Union PacificUNP39.6139.6137.0938.748.75M
Gilead SciencesGILD49.8150.7049.2349.548.21M
Berkshire HathawayBRK.B2505.002633.002462.002567.0059K
Exchange Rates of February 25th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97.370 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.257 CAD1 CAD = 0.795 USD
US DollarSwiss Franc1 USD = 1.170 CHF1 CHF = 0.855 USD
US DollarChinese Yuan1 USD = 6.838 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 123.880 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.895 GBP1 GBP = 1.117 EUR
EuroAustralian Dollar1 EUR = 1.966 AUD1 AUD = 0.509 EUR
EuroCanadian Dollar1 EUR = 1.599 CAD1 CAD = 0.625 EUR
EuroSwiss Franc1 EUR = 1.488 CHF1 CHF = 0.672 EUR
EuroChinese Yuan1 EUR = 8.694 CNY1 CNY = 0.115 EUR
Japanese YenPound Sterling1 JPY = 0.723 GBP1 GBP = 1.384 JPY
Japanese YenAustralian Dollar1 JPY = 1.586 AUD1 AUD = 0.630 JPY
Japanese YenCanadian Dollar1 JPY = 1.291 CAD1 CAD = 0.775 JPY
Japanese YenSwiss Franc1 JPY = 1.201 CHF1 CHF = 0.833 JPY
Pound SterlingAustralian Dollar1 GBP = 2.195 AUD1 AUD = 0.456 GBP
Pound SterlingCanadian Dollar1 GBP = 1.785 CAD1 CAD = 0.560 GBP
Pound SterlingSwiss Franc1 GBP = 1.661 CHF1 CHF = 0.602 GBP
Pound SterlingChinese Yuan1 GBP = 9.700 CNY1 CNY = 0.103 GBP
Australian DollarCanadian Dollar1 AUD = 0.813 CAD1 CAD = 1.230 AUD
Australian DollarSwiss Franc1 AUD = 0.757 CHF1 CHF = 1.322 AUD
Australian DollarChinese Yuan1 AUD = 4.422 CNY1 CNY = 0.226 AUD
Canadian DollarSwiss Franc1 CAD = 0.930 CHF1 CHF = 1.075 CAD
Canadian DollarChinese Yuan1 CAD = 5.440 CNY1 CNY = 0.184 CAD
Swiss FrancChinese Yuan1 CHF = 5.845 CNY1 CNY = 0.171 CHF

See what else happened on February 25th, 2009