Financial news on January 29, 2010

Business and Financial news
47 Across: It Merged With Tanganyika in 1964

Grab a drink, get a window seat and start mulling. Read more..

By PATRICK MERRELL - The New York Times

After a Bad Year, an Airline Picks Up Speed

Since the beginning of the fourth quarter last year, the Asian bellwether Cathay Pacific has seen premium passenger travel and cargo demand start to recover. Read more..

By BETTINA WASSENER - International Herald Tribune

Davos Diary on CNBC: Washington on Everyone’s Minds

Andrew Ross Sorkin spoke from Davos on Friday with CNBC’s Becky Quick and Time International’s Michael Elliott about Washington’s attempts at financial regulatory reform. Read more..

By DEALBOOK - The New York Times

Davos in the Media: Bank Reform and Resistance

There were three hot topics buzzing around the World Economic Forum in Davos, Switzerland, on Thursday: banking reform, banking reform and more banking reform. Read more..

By DEALBOOK - The New York Times

Global Leaders Struggle With Bank Regulation

The lack of a strong U.S. government presence at Davos may harm chances for a global consensus on regulations. Read more..

By JACK EWING - International Herald Tribune

Live From Davos, Day 3: The Bankers Meet

A roundup of Day 3 happenings at the World Economic Forum in Davos, Switzerland. Read more..

By DEALBOOK - The New York Times

S.E.C. Settles Stockman Lawsuit

The former Reagan administration budget director was accused of misleading investors as an executive of an auto parts company. Read more..

By BLOOMBERG NEWS - The New York Times

Senate, Weakly, Backs New Term for Bernanke

The Senate vote, 70-30, was a victory for President Obama, but signaled how much the Fed has become the object of outrage over high unemployment and bailouts. Read more..

By SEWELL CHAN - The New York Times

Using Humor in a Campaign Supporting Disabled People

A national effort to encourage businesses to employ workers with disabilities is taking a lighthearted tack rather than a sober or earnest tone. Read more..

By STUART ELLIOTT - The New York Times

Worried Bankers Reach Out From the Sidelines

Chief executives of the world’s biggest banks, including Bank of America and Deutsche Bank, met with policymakers in Davos on Thursday afternoon, concerned that their interests and opinions about financial regulation are going unheard. Read more..

By JULIA WERDIGIER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.90 29.92 27.66 28.18 194M
Intel INTC 20.13 20.23 19.30 19.40 96.1M
Wells Fargo & Co. WFC 28.44 29.17 28.38 28.43 88.8M
General Electric GE 16.22 16.50 16.07 16.08 81.2M
Cisco Systems CSCO 22.95 23.13 22.44 22.47 73.4M
Pfizer PFE 18.70 18.97 18.52 18.66 56M
JPMorgan Chase JPM 39.65 39.85 38.80 38.94 53.6M
Oracle Corp. ORCL 23.65 23.83 22.98 23.06 50M
Apple AAPL 201.08 202.20 190.25 192.06 44.5M
ExxonMobil XOM 65.15 65.82 64.02 64.43 40.9M
AT&T Inc. T 25.61 25.75 25.35 25.36 38.9M
Amazon AMZN 129.77 131.85 124.14 125.41 29.5M
Comcast CMCSA 15.75 16.13 15.51 15.83 27.2M
Verizon Communications VZ 29.45 29.76 29.21 29.42 27.1M
Wal-Mart Stores WMT 53.68 54.15 53.40 53.43 24.3M
HP Inc. HPQ 48.37 48.45 46.80 47.07 23.5M
Home Depot HD 27.57 28.09 27.38 28.01 22.5M
ConocoPhillips COP 48.65 48.87 47.78 48.00 22.2M
Bristol-Myers Squibb BMY 24.14 24.62 23.96 24.36 20.5M
Abbott Laboratories ABT 54.08 54.08 52.89 52.94 19.8M
Altria MO 20.08 20.10 19.83 19.86 19.3M
Johnson & Johnson JNJ 63.95 64.27 62.82 62.86 17.8M
Berkshire Hathaway BRK.B 74.55 77.79 74.42 76.43 17.3M
Procter & Gamble PG 61.91 62.24 61.47 61.55 17.1M
Merck MRK 38.26 39.01 37.66 38.18 16.1M
Chevron CVX 73.53 74.07 71.75 72.12 15.3M
Walt Disney & Co. DIS 29.37 29.82 29.25 29.55 14.5M
Gilead Sciences GILD 47.59 48.50 47.50 48.27 12.6M
UnitedHealth Group UNH 33.42 33.80 32.96 33.00 11.9M
Schlumberger SLB 65.40 66.19 62.89 63.46 11.9M
International Business Machines IBM 124.32 125.00 121.90 122.39 11.6M
Coca-Cola KO 54.44 54.94 53.90 54.25 11.1M
Amgen AMGN 58.27 58.93 58.16 58.48 9.47M
Boeing BA 62.80 63.40 60.32 60.60 8.73M
Alphabet GOOGL 538.49 540.99 525.61 529.94 8.27M
Pepsico PEP 59.84 60.36 59.12 59.62 8.13M
McDonald's MCD 62.82 63.22 62.39 62.43 7.59M
United Technologies UTX 67.39 68.49 66.64 67.48 7.23M
Visa V 82.60 84.98 81.87 82.03 5.07M
Union Pacific UNP 62.01 62.60 60.41 60.50 4.92M
3M MMM 81.35 81.88 80.18 80.49 4.35M
Exchange Rates of January 29, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.270 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.070 CAD 1 CAD = 0.935 USD
US Dollar Swiss Franc 1 USD = 1.060 CHF 1 CHF = 0.943 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 125.150 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.867 GBP 1 GBP = 1.153 EUR
Euro Australian Dollar 1 EUR = 1.567 AUD 1 AUD = 0.638 EUR
Euro Canadian Dollar 1 EUR = 1.483 CAD 1 CAD = 0.674 EUR
Euro Swiss Franc 1 EUR = 1.470 CHF 1 CHF = 0.680 EUR
Euro Chinese Yuan 1 EUR = 9.465 CNY 1 CNY = 0.106 EUR
Japanese Yen Pound Sterling 1 JPY = 0.693 GBP 1 GBP = 1.444 JPY
Japanese Yen Australian Dollar 1 JPY = 1.252 AUD 1 AUD = 0.798 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.185 CAD 1 CAD = 0.844 JPY
Japanese Yen Swiss Franc 1 JPY = 1.174 CHF 1 CHF = 0.851 JPY
Pound Sterling Australian Dollar 1 GBP = 1.807 AUD 1 AUD = 0.553 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.710 CAD 1 CAD = 0.585 GBP
Pound Sterling Swiss Franc 1 GBP = 1.694 CHF 1 CHF = 0.590 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.910 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.946 CAD 1 CAD = 1.058 AUD
Australian Dollar Swiss Franc 1 AUD = 0.937 CHF 1 CHF = 1.067 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.035 CNY 1 CNY = 0.166 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.991 CHF 1 CHF = 1.009 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.380 CNY 1 CNY = 0.157 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.436 CNY 1 CNY = 0.155 CHF

See what else happened on January 29, 2010