Financial news on February 26, 2010

Business and Financial news
Another Madoff Aide Faces Fraud Charges

Daniel Bonventre, 63, a former director of operations for Bernard L. Madoff, was arrested and scheduled to appear Thursday in Manhattan federal court. Read more..

By DIANA B. HENRIQUES - The New York Times

California-Style Living High Above Sydney

Charlie Brown's harborside home, surrounded by water, wildlife and open spaces, seems like a world away from the hustle and bustle of the Australian fashion industry. Read more..

By LEAH GREENGARTEN - International Herald Tribune

Clearing the Air at American Ports

The Teamsters’ Union and environmental activists are allies in a push for the short-haul trucking companies working in ports to buy new, low-emission rigs. Read more..

By STEVEN GREENHOUSE - The New York Times

Coke Confirms Purchase of a Bottling Unit

The $13 billion transaction strengthens the link between the soft-drink maker and its bottling operations. Read more..

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

In Greece’s Crisis, Fed Studies Wall St.’s Activities

The Federal Reserve is examining the stratagems devised by Goldman Sachs and other big banks to help Greece mask its burgeoning debt over the last decade. Read more..

By NELSON D. SCHWARTZ and SEWELL CHAN - The New York Times

Plan to Seek Use of U.S. Contracts as a Wage Lever

The White House plans to use the government’s buying power to prod private companies to improve wages. Read more..

By STEVEN GREENHOUSE - The New York Times

Projects Draw Attention to Argentine Countryside

In recent years, buyers with the patience to build their own homes have begun to look beyond Buenos Aires. Read more..

By NICK FOSTER - International Herald Tribune

Senator Questions Bank Fees on Stimulus Bonds

Senator Charles E. Grassley of Iowa has asked Goldman Sachs to clarify how much it has collected in fees as states and cities issue so-called Build America Bonds to finance infrastructure. Read more..

By CHRIS V. NICHOLSON - International Herald Tribune

Telecom Italia Delays Results Because of Money-Laundering Scandal

Telecom Italia delayed the release of its results after officials seized 300 million euros in connection with a money-laundering scandal. Read more..

By ELISABETTA POVOLEDO and DAVID JOLLY - The New York Times

The Stakes in Spain: A Little Exaggerated

Spain may be in financial trouble, but so far the debt markets are not despairing about Spanish debt. Read more..

By CHRIS V. NICHOLSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
JPMorgan Chase JPM 40.69 42.31 40.60 41.97 67.7M
General Electric GE 16.00 16.15 15.95 16.06 60.6M
Pfizer PFE 17.69 17.81 17.50 17.55 59.2M
Wells Fargo & Co. WFC 27.49 27.50 26.93 27.34 50.8M
Intel INTC 20.60 20.68 20.43 20.53 47.8M
Microsoft MSFT 28.65 28.85 28.51 28.67 40.4M
Coca-Cola KO 53.09 53.09 52.23 52.72 31.5M
Cisco Systems CSCO 24.36 24.46 24.21 24.33 30.7M
AT&T Inc. T 24.86 24.91 24.71 24.81 29.2M
Comcast CMCSA 16.23 16.47 16.07 16.44 21.7M
Oracle Corp. ORCL 24.96 24.96 24.54 24.65 21M
ExxonMobil XOM 65.26 65.40 64.92 65.00 20.1M
Apple AAPL 202.38 205.17 202.00 204.62 18.1M
Wal-Mart Stores WMT 54.22 54.24 53.50 54.07 16M
Altria MO 20.48 20.48 20.12 20.12 15.7M
Schlumberger SLB 61.13 61.40 60.52 61.10 15.5M
Pepsico PEP 62.50 62.59 61.91 62.47 14.8M
Abbott Laboratories ABT 54.18 54.53 53.85 54.28 14.7M
Verizon Communications VZ 28.93 29.01 28.76 28.93 13.6M
Walt Disney & Co. DIS 31.39 31.41 30.98 31.24 13.4M
Merck MRK 36.70 37.06 36.44 36.88 13.2M
HP Inc. HPQ 50.92 50.99 50.61 50.79 11M
Berkshire Hathaway BRK.B 79.67 80.18 79.10 80.13 10.7M
Procter & Gamble PG 63.75 63.88 63.14 63.28 10.6M
ConocoPhillips COP 48.38 48.53 47.95 48.00 10.4M
UnitedHealth Group UNH 33.52 34.30 33.36 33.86 9.68M
Gilead Sciences GILD 47.51 47.68 47.07 47.61 9.5M
Johnson & Johnson JNJ 63.46 63.59 63.00 63.00 9.36M
Chevron CVX 72.19 72.69 71.82 72.30 8.98M
McDonald's MCD 64.46 64.73 63.85 63.85 8.29M
Bristol-Myers Squibb BMY 24.48 24.62 24.45 24.51 7.11M
Union Pacific UNP 68.37 68.57 67.35 67.37 6.37M
Amgen AMGN 56.25 57.03 56.10 56.61 6.35M
Amazon AMZN 117.88 119.43 117.00 118.40 5.72M
International Business Machines IBM 127.01 128.00 126.74 127.16 4.78M
Home Depot HD 31.28 31.33 30.95 31.20 4.68M
Boeing BA 63.09 63.88 63.03 63.16 4.42M
Alphabet GOOGL 527.42 531.75 523.48 526.80 4.09M
United Technologies UTX 68.67 68.98 68.14 68.65 3.97M
3M MMM 79.74 80.33 79.10 80.15 3.22M
Visa V 85.58 85.72 85.02 85.28 3.12M
Exchange Rates of February 26, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 88.910 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.051 CAD 1 CAD = 0.951 USD
US Dollar Swiss Franc 1 USD = 1.073 CHF 1 CHF = 0.932 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 121.140 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.894 GBP 1 GBP = 1.118 EUR
Euro Australian Dollar 1 EUR = 1.521 AUD 1 AUD = 0.657 EUR
Euro Canadian Dollar 1 EUR = 1.433 CAD 1 CAD = 0.698 EUR
Euro Swiss Franc 1 EUR = 1.463 CHF 1 CHF = 0.684 EUR
Euro Chinese Yuan 1 EUR = 9.302 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.738 GBP 1 GBP = 1.356 JPY
Japanese Yen Australian Dollar 1 JPY = 1.255 AUD 1 AUD = 0.797 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.182 CAD 1 CAD = 0.846 JPY
Japanese Yen Swiss Franc 1 JPY = 1.207 CHF 1 CHF = 0.829 JPY
Pound Sterling Australian Dollar 1 GBP = 1.700 AUD 1 AUD = 0.588 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.601 CAD 1 CAD = 0.625 GBP
Pound Sterling Swiss Franc 1 GBP = 1.635 CHF 1 CHF = 0.612 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.397 CNY 1 CNY = 0.096 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.941 CAD 1 CAD = 1.062 AUD
Australian Dollar Swiss Franc 1 AUD = 0.961 CHF 1 CHF = 1.040 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.114 CNY 1 CNY = 0.164 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.021 CHF 1 CHF = 0.980 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.492 CNY 1 CNY = 0.154 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.359 CNY 1 CNY = 0.157 CHF

See what else happened on February 26, 2010