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

StockTicker symbolOpenHighLowCloseVolume
JPMorgan ChaseJPM40.6942.3140.6041.9767.7M
General ElectricGE16.0016.1515.9516.0660.6M
PfizerPFE17.6917.8117.5017.5559.2M
Wells Fargo & Co.WFC27.4927.5026.9327.3450.8M
IntelINTC20.6020.6820.4320.5347.8M
MicrosoftMSFT28.6528.8528.5128.6740.4M
Coca-ColaKO53.0953.0952.2352.7231.5M
Cisco SystemsCSCO24.3624.4624.2124.3330.7M
AT&T Inc.T24.8624.9124.7124.8129.2M
ComcastCMCSA16.2316.4716.0716.4421.7M
Oracle Corp.ORCL24.9624.9624.5424.6521M
ExxonMobilXOM65.2665.4064.9265.0020.1M
AppleAAPL202.38205.17202.00204.6218.1M
Wal-Mart StoresWMT54.2254.2453.5054.0716M
AltriaMO20.4820.4820.1220.1215.7M
SchlumbergerSLB61.1361.4060.5261.1015.5M
PepsicoPEP62.5062.5961.9162.4714.8M
Abbott LaboratoriesABT54.1854.5353.8554.2814.7M
Verizon CommunicationsVZ28.9329.0128.7628.9313.6M
Walt Disney & Co.DIS31.3931.4130.9831.2413.4M
MerckMRK36.7037.0636.4436.8813.2M
HP Inc.HPQ50.9250.9950.6150.7911M
Berkshire HathawayBRK.B79.6780.1879.1080.1310.7M
Procter & GamblePG63.7563.8863.1463.2810.6M
ConocoPhillipsCOP48.3848.5347.9548.0010.4M
UnitedHealth GroupUNH33.5234.3033.3633.869.68M
Gilead SciencesGILD47.5147.6847.0747.619.5M
Johnson & JohnsonJNJ63.4663.5963.0063.009.36M
ChevronCVX72.1972.6971.8272.308.98M
McDonald'sMCD64.4664.7363.8563.858.29M
Bristol-Myers SquibbBMY24.4824.6224.4524.517.11M
Union PacificUNP68.3768.5767.3567.376.37M
AmgenAMGN56.2557.0356.1056.616.35M
AmazonAMZN117.88119.43117.00118.405.72M
International Business MachinesIBM127.01128.00126.74127.164.78M
Home DepotHD31.2831.3330.9531.204.68M
BoeingBA63.0963.8863.0363.164.42M
AlphabetGOOGL527.42531.75523.48526.804.09M
United TechnologiesUTX68.6768.9868.1468.653.97M
3MMMM79.7480.3379.1080.153.22M
VisaV85.5885.7285.0285.283.12M
Exchange Rates of February 26, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 88.910 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.051 CAD1 CAD = 0.951 USD
US DollarSwiss Franc1 USD = 1.073 CHF1 CHF = 0.932 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 121.140 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.894 GBP1 GBP = 1.118 EUR
EuroAustralian Dollar1 EUR = 1.521 AUD1 AUD = 0.657 EUR
EuroCanadian Dollar1 EUR = 1.433 CAD1 CAD = 0.698 EUR
EuroSwiss Franc1 EUR = 1.463 CHF1 CHF = 0.684 EUR
EuroChinese Yuan1 EUR = 9.302 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.738 GBP1 GBP = 1.356 JPY
Japanese YenAustralian Dollar1 JPY = 1.255 AUD1 AUD = 0.797 JPY
Japanese YenCanadian Dollar1 JPY = 1.182 CAD1 CAD = 0.846 JPY
Japanese YenSwiss Franc1 JPY = 1.207 CHF1 CHF = 0.829 JPY
Pound SterlingAustralian Dollar1 GBP = 1.700 AUD1 AUD = 0.588 GBP
Pound SterlingCanadian Dollar1 GBP = 1.601 CAD1 CAD = 0.625 GBP
Pound SterlingSwiss Franc1 GBP = 1.635 CHF1 CHF = 0.612 GBP
Pound SterlingChinese Yuan1 GBP = 10.397 CNY1 CNY = 0.096 GBP
Australian DollarCanadian Dollar1 AUD = 0.941 CAD1 CAD = 1.062 AUD
Australian DollarSwiss Franc1 AUD = 0.961 CHF1 CHF = 1.040 AUD
Australian DollarChinese Yuan1 AUD = 6.114 CNY1 CNY = 0.164 AUD
Canadian DollarSwiss Franc1 CAD = 1.021 CHF1 CHF = 0.980 CAD
Canadian DollarChinese Yuan1 CAD = 6.492 CNY1 CNY = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.359 CNY1 CNY = 0.157 CHF

See what else happened on February 26, 2010