Financial news on April 29, 2009
Business and Financial news
The Treasury will offer incentives to lenders to modify or forgive second mortgages. Read more..
The Treasury Department has told the lenders that they must accept $2 billion in cash to eliminate about $6.9 billion in secured debt by a deadline on Thursday. Read more..
In meeting the demands of the 24-hour cycle and the Internet, experts say the news media must strike a balance between being thorough and risking panic. Read more..
The Great Lakes Naval Station has been on a $770 million construction kick for more than a decade, and is already planning another effort to renovate the original sector of the base. Read more..
USA Today, the nation’s largest newspaper by circulation, named a new publisher and new editor. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Wells Fargo & Co. | WFC | 19.84 | 20.69 | 19.35 | 19.97 | 143M |
| General Electric | GE | 12.17 | 12.57 | 12.11 | 12.22 | 102M |
| JPMorgan Chase | JPM | 33.44 | 34.56 | 33.25 | 34.48 | 84.7M |
| Microsoft | MSFT | 20.11 | 20.89 | 20.06 | 20.25 | 79.3M |
| Pfizer | PFE | 13.35 | 13.60 | 13.15 | 13.43 | 78.2M |
| Intel | INTC | 15.20 | 15.55 | 15.07 | 15.35 | 60.9M |
| Cisco Systems | CSCO | 18.83 | 19.53 | 18.73 | 19.25 | 48.5M |
| Wal-Mart Stores | WMT | 48.85 | 51.10 | 48.50 | 50.45 | 34.3M |
| AT&T Inc. | T | 25.90 | 26.09 | 25.35 | 25.52 | 33.4M |
| Comcast | CMCSA | 14.35 | 15.34 | 14.35 | 15.24 | 31.7M |
| ExxonMobil | XOM | 67.32 | 68.63 | 67.11 | 68.44 | 29M |
| Oracle Corp. | ORCL | 19.46 | 19.80 | 19.41 | 19.60 | 28.3M |
| Walt Disney & Co. | DIS | 19.68 | 21.43 | 19.47 | 21.01 | 28.3M |
| Merck | MRK | 23.23 | 24.06 | 23.15 | 23.90 | 27.9M |
| Bristol-Myers Squibb | BMY | 19.70 | 19.73 | 18.83 | 19.15 | 22.7M |
| Verizon Communications | VZ | 31.05 | 31.25 | 30.15 | 30.41 | 21.5M |
| Home Depot | HD | 26.27 | 26.85 | 26.02 | 26.34 | 21.3M |
| Johnson & Johnson | JNJ | 51.05 | 51.09 | 50.12 | 51.03 | 18.5M |
| ConocoPhillips | COP | 41.05 | 42.00 | 40.74 | 41.51 | 18.1M |
| Abbott Laboratories | ABT | 43.13 | 43.18 | 42.39 | 42.62 | 16.9M |
| Apple | AAPL | 124.85 | 126.85 | 123.83 | 125.14 | 16.4M |
| Pepsico | PEP | 50.16 | 51.22 | 50.16 | 50.45 | 15.1M |
| Altria | MO | 17.06 | 17.10 | 16.79 | 16.82 | 15M |
| Visa | V | 61.89 | 63.74 | 61.51 | 63.51 | 14.8M |
| HP Inc. | HPQ | 35.58 | 37.00 | 35.49 | 36.45 | 14M |
| Chevron | CVX | 66.60 | 67.71 | 66.09 | 67.56 | 11.7M |
| Procter & Gamble | PG | 49.91 | 50.97 | 49.82 | 50.42 | 11.4M |
| UnitedHealth Group | UNH | 24.05 | 24.25 | 23.27 | 23.87 | 11.3M |
| Coca-Cola | KO | 42.37 | 43.09 | 42.36 | 42.71 | 10.2M |
| International Business Machines | IBM | 101.98 | 105.00 | 101.67 | 104.04 | 9.78M |
| Amazon | AMZN | 82.99 | 82.99 | 79.26 | 79.79 | 9.74M |
| Schlumberger | SLB | 48.20 | 50.46 | 48.20 | 50.03 | 9.56M |
| McDonald's | MCD | 55.09 | 55.18 | 54.20 | 54.41 | 8.89M |
| Boeing | BA | 39.09 | 40.73 | 39.02 | 40.55 | 7.78M |
| Alphabet | GOOGL | 385.97 | 394.97 | 385.83 | 391.47 | 7.21M |
| Gilead Sciences | GILD | 48.01 | 48.20 | 46.69 | 46.96 | 6.93M |
| Union Pacific | UNP | 47.60 | 49.90 | 47.57 | 48.92 | 6.08M |
| Amgen | AMGN | 50.68 | 51.76 | 50.32 | 51.03 | 5.55M |
| United Technologies | UTX | 48.47 | 49.66 | 48.15 | 48.91 | 5.53M |
| 3M | MMM | 57.00 | 57.94 | 56.78 | 57.52 | 4.62M |
| Berkshire Hathaway | BRK.B | 2950.00 | 3073.50 | 2930.50 | 3073.50 | 52.2K |
Exchange Rates of April 29, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 97.630 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.205 CAD | 1 CAD = 0.830 USD |
| US Dollar | Swiss Franc | 1 USD = 1.137 CHF | 1 CHF = 0.880 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.824 CNY | 1 CNY = 0.147 USD |
| Euro | Japanese Yen | 1 EUR = 129.400 JPY | 1 JPY = 0.008 EUR |
| Euro | Pound Sterling | 1 EUR = 0.898 GBP | 1 GBP = 1.114 EUR |
| Euro | Australian Dollar | 1 EUR = 1.831 AUD | 1 AUD = 0.546 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.596 CAD | 1 CAD = 0.626 EUR |
| Euro | Swiss Franc | 1 EUR = 1.507 CHF | 1 CHF = 0.664 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.048 CNY | 1 CNY = 0.111 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.694 GBP | 1 GBP = 1.441 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.414 AUD | 1 AUD = 0.707 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.233 CAD | 1 CAD = 0.811 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.164 CHF | 1 CHF = 0.859 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.038 AUD | 1 AUD = 0.491 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.778 CAD | 1 CAD = 0.563 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.677 CHF | 1 CHF = 0.596 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.871 CAD | 1 CAD = 1.148 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.822 CHF | 1 CHF = 1.216 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.943 CNY | 1 CNY = 0.202 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.943 CHF | 1 CHF = 1.060 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.670 CNY | 1 CNY = 0.176 CAD |
See what else happened on April 29, 2009