Financial news on February 26, 2010
Business and Financial news
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..
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..
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..
The $13 billion transaction strengthens the link between the soft-drink maker and its bottling operations. Read more..
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..
The White House plans to use the government’s buying power to prod private companies to improve wages. Read more..
In recent years, buyers with the patience to build their own homes have begun to look beyond Buenos Aires. Read more..
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..
Telecom Italia delayed the release of its results after officials seized 300 million euros in connection with a money-laundering scandal. Read more..
Spain may be in financial trouble, but so far the debt markets are not despairing about Spanish debt. Read more..
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
| Currencies | Exchange 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