Financial news on February 25th, 2010

Business and Financial news
Bloggers Open an Internet Window on Shanghai

Covering topics ranging from airport transportation to cup cakes and adolescent angst, online posts are filling an information void and opening the daily life of the city to Western eyes. Read more..

By MAILE CANNON and JINGYING YANG - International Herald Tribune

Coke Acquires North American Unit of Bottler

The move by Coca-Cola Company reverses a 24-year-old strategy of keeping its bottling operations separate from its main soft-drink business. Read more..

By MICHAEL J. de la MERCED - The New York Times

Finance Bill Compromise Appears Likely

The Obama administration is prepared to agree that an existing agency, rather than a new agency, could take responsibility for consumer protections Read more..

By SEWELL CHAN - The New York Times

Hyundai to Recall Some 2011 Sonatas

Hyundai announced it was issuing a global recall of its Sonata, including 1,300 cars in the United States. Read more..

By CHOE SANG-HUN - The New York Times

Investors Cheer as Federal Reserve Eases Anxiety Over Monetary Policy

Bernanke’s upbeat comments seemed to offset a surprising drop in home sales. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Putin Questions Dealings of Russian Oligarchs

Russian Prime Minister Vladimir V. Putin said the executives had undertaken to invest in power plants but were now trying to renege on the obligations. Read more..

By ANDREW E. KRAMER - The New York Times

S.E.C. Moves to Put Limits on Short-Selling

The new restrictions would apply to any stock whose price has fallen at least 10 percent during a day’s session. Read more..

By FLOYD NORRIS - The New York Times

S.E.C. Restricts Short-Selling and Addresses a Global Accounting Shift

The agency, in a divided vote, would bar short sales in a stock that fell at least 10 percent in the trading day. Read more..

By FLOYD NORRIS - The New York Times

Today’s Reversal vs. Dot-Com Bust

Even with the collapses of Bear Stearns and Lehman Brothers, the finance industry laid off fewer people than it did after the dot-com crash. Read more..


Turning Tapes Into Discs

What do you need to convert old VHS tapes to DVD on a laptop? Read more..

By J .D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.7615.9515.7115.9263.4M
JPMorgan ChaseJPM40.1640.6939.7040.6446.7M
Cisco SystemsCSCO24.0024.3923.8724.3337.1M
Wells Fargo & Co.WFC27.1727.4827.0427.4434.2M
AT&T Inc.T24.7624.8624.6124.7729.6M
Oracle Corp.ORCL24.4524.9024.2124.8729.1M
Verizon CommunicationsVZ28.7728.9728.6028.8816.9M
UnitedHealth GroupUNH33.3233.9832.8433.4514.8M
Wal-Mart StoresWMT53.4654.2853.2554.1513.5M
HP Inc.HPQ50.2050.9649.9350.9212.8M
Abbott LaboratoriesABT53.9754.1953.6154.1212.3M
Gilead SciencesGILD47.0047.4846.6047.4111.9M
Walt Disney & Co.DIS30.8831.4130.8531.3610.6M
Johnson & JohnsonJNJ62.7963.3562.5263.2810.5M
Berkshire HathawayBRK.B79.0279.4078.6379.4010.2M
Bristol-Myers SquibbBMY24.5224.5524.2024.4810.2M
Procter & GamblePG63.2363.8663.0163.7010.1M
United TechnologiesUTX67.5768.7067.0568.675.92M
Union PacificUNP65.9668.5265.4768.465.75M
International Business MachinesIBM126.05127.24125.57127.075.66M
Home DepotHD31.0531.4530.9931.363.27M
Exchange Rates of February 25th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.130 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.061 CAD1 CAD = 0.943 USD
US DollarSwiss Franc1 USD = 1.080 CHF1 CHF = 0.926 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 120.760 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.888 GBP1 GBP = 1.127 EUR
EuroAustralian Dollar1 EUR = 1.525 AUD1 AUD = 0.656 EUR
EuroCanadian Dollar1 EUR = 1.437 CAD1 CAD = 0.696 EUR
EuroSwiss Franc1 EUR = 1.463 CHF1 CHF = 0.683 EUR
EuroChinese Yuan1 EUR = 9.250 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.735 GBP1 GBP = 1.361 JPY
Japanese YenAustralian Dollar1 JPY = 1.262 AUD1 AUD = 0.792 JPY
Japanese YenCanadian Dollar1 JPY = 1.190 CAD1 CAD = 0.841 JPY
Japanese YenSwiss Franc1 JPY = 1.211 CHF1 CHF = 0.825 JPY
Pound SterlingAustralian Dollar1 GBP = 1.718 AUD1 AUD = 0.582 GBP
Pound SterlingCanadian Dollar1 GBP = 1.619 CAD1 CAD = 0.618 GBP
Pound SterlingSwiss Franc1 GBP = 1.648 CHF1 CHF = 0.607 GBP
Pound SterlingChinese Yuan1 GBP = 10.410 CNY1 CNY = 0.096 GBP
Australian DollarCanadian Dollar1 AUD = 0.942 CAD1 CAD = 1.061 AUD
Australian DollarSwiss Franc1 AUD = 0.959 CHF1 CHF = 1.043 AUD
Australian DollarChinese Yuan1 AUD = 6.065 CNY1 CNY = 0.165 AUD
Canadian DollarSwiss Franc1 CAD = 1.018 CHF1 CHF = 0.983 CAD
Canadian DollarChinese Yuan1 CAD = 6.439 CNY1 CNY = 0.155 CAD
Swiss FrancChinese Yuan1 CHF = 6.320 CNY1 CNY = 0.158 CHF

See what else happened on February 25th, 2010