Financial news on February 25, 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

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 12.96 14.08 11.77 13.44 210M
General Electric GE 9.09 9.46 8.71 9.01 192M
JPMorgan Chase JPM 20.91 23.22 20.12 21.73 136M
Intel INTC 12.74 13.48 12.58 13.03 108M
Microsoft MSFT 17.02 17.24 16.46 16.96 106M
Pfizer PFE 13.43 13.43 12.90 13.08 74.7M
AT&T Inc. T 23.46 24.12 23.15 23.71 61.2M
Cisco Systems CSCO 14.92 15.13 14.37 14.77 56.3M
ExxonMobil XOM 71.40 73.49 70.50 72.05 55.5M
Altria MO 15.35 15.62 15.15 15.41 37.6M
Comcast CMCSA 13.75 14.43 13.56 14.05 33.9M
Oracle Corp. ORCL 16.38 16.57 16.01 16.24 33.5M
Apple AAPL 89.86 92.92 89.25 91.16 29.8M
HP Inc. HPQ 29.76 30.65 29.20 30.12 28.1M
Home Depot HD 20.35 20.78 20.01 20.31 27M
Chevron CVX 65.30 65.62 63.26 63.50 26.7M
Verizon Communications VZ 28.48 28.99 27.96 28.55 25.7M
Wal-Mart Stores WMT 48.97 50.06 48.56 49.21 25.5M
ConocoPhillips COP 39.16 39.32 38.00 38.39 24.2M
Merck MRK 28.19 28.45 27.72 27.91 21.8M
Johnson & Johnson JNJ 54.59 54.76 53.59 53.96 21M
Abbott Laboratories ABT 54.59 54.78 53.28 53.62 19.3M
Schlumberger SLB 38.01 38.61 36.66 37.23 18.6M
Procter & Gamble PG 49.59 50.48 49.22 49.92 17.4M
Bristol-Myers Squibb BMY 20.40 20.86 20.01 20.47 16.4M
Walt Disney & Co. DIS 17.78 17.80 17.03 17.36 16.1M
UnitedHealth Group UNH 24.10 24.10 22.56 23.03 14.3M
Coca-Cola KO 42.94 43.28 42.16 42.37 13.2M
Alphabet GOOGL 342.15 352.30 338.92 341.64 12.9M
International Business Machines IBM 86.00 87.12 82.85 85.90 12.6M
Boeing BA 35.27 35.27 33.22 33.91 11.7M
McDonald's MCD 54.40 55.15 53.92 54.29 11.5M
United Technologies UTX 42.66 42.66 41.06 41.52 10.2M
Amgen AMGN 56.15 57.70 55.99 56.56 9.29M
Amazon AMZN 64.90 65.75 62.82 63.71 9.12M
Union Pacific UNP 39.61 39.61 37.09 38.74 8.75M
Visa V 56.11 56.55 55.14 55.42 8.6M
3M MMM 47.05 47.45 46.03 46.61 8.57M
Gilead Sciences GILD 49.81 50.70 49.23 49.54 8.21M
Pepsico PEP 51.52 51.85 50.52 50.72 7.18M
Berkshire Hathaway BRK.B 2505.00 2633.00 2462.00 2567.00 59K
Exchange Rates of February 25, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.370 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.257 CAD 1 CAD = 0.795 USD
US Dollar Swiss Franc 1 USD = 1.170 CHF 1 CHF = 0.855 USD
US Dollar Chinese Yuan 1 USD = 6.838 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 123.880 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.895 GBP 1 GBP = 1.117 EUR
Euro Australian Dollar 1 EUR = 1.966 AUD 1 AUD = 0.509 EUR
Euro Canadian Dollar 1 EUR = 1.599 CAD 1 CAD = 0.625 EUR
Euro Swiss Franc 1 EUR = 1.488 CHF 1 CHF = 0.672 EUR
Euro Chinese Yuan 1 EUR = 8.694 CNY 1 CNY = 0.115 EUR
Japanese Yen Pound Sterling 1 JPY = 0.723 GBP 1 GBP = 1.384 JPY
Japanese Yen Australian Dollar 1 JPY = 1.586 AUD 1 AUD = 0.630 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.291 CAD 1 CAD = 0.775 JPY
Japanese Yen Swiss Franc 1 JPY = 1.201 CHF 1 CHF = 0.833 JPY
Pound Sterling Australian Dollar 1 GBP = 2.195 AUD 1 AUD = 0.456 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.785 CAD 1 CAD = 0.560 GBP
Pound Sterling Swiss Franc 1 GBP = 1.661 CHF 1 CHF = 0.602 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.700 CNY 1 CNY = 0.103 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.813 CAD 1 CAD = 1.230 AUD
Australian Dollar Swiss Franc 1 AUD = 0.757 CHF 1 CHF = 1.322 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.422 CNY 1 CNY = 0.226 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.930 CHF 1 CHF = 1.075 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.440 CNY 1 CNY = 0.184 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.845 CNY 1 CNY = 0.171 CHF

See what else happened on February 25, 2009