Financial news on October 29, 2010
Business and Financial news
Severe weather in Britain is forcing developers to take extra steps, like flood-proofing homes. Read more..
An International Monetary Fund employee has written an intriguing book that seems to borrow from the financial crisis — but was written before it. Read more..
The German maker of Mercedes-Benz cars also said it was revising upward its 2010 forecasts. Read more..
A federal indictment charges the co-founder of a now-defunct company that traded in foreign currency with defrauding investors out of more than $30 million. Read more..
The company, which makes Mercedes-Benz cars, credited strong sales of cars in China and in the United States, as well as exchange rate gains. Read more..
Terra Firma chairman, Guy Hands, had one of the theories on which his legal team built its damages case against Citigroup ruled out by the judge, The Financial Times reported. Read more..
The Macquarie Group of Australia kept its full year outlook, defying fears of an earnings downgrade after one-offs helped first-half profit beat forecasts, Reuters reports. Read more..
Nomura Holdings, the brokerage and investment bank based in Japan, said Friday that its quarterly profit had dropped 96 percent from the previous year as the company pursues a costly program of expansion in the United States. Read more..
Blackstone has had a good run, and Reuters Breakingviews considers why. Read more..
Without two crucial government programs that reduce investor risk, solar power projects may begin to dry up. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 27,15 | 27,20 | 26,48 | 26,67 | 114M |
Intel | INTC | 20,45 | 20,56 | 20,01 | 20,05 | 60.8M |
Cisco Systems | CSCO | 23,12 | 23,22 | 22,82 | 22,86 | 44.6M |
Pfizer | PFE | 17,57 | 17,57 | 17,29 | 17,42 | 40.2M |
General Electric | GE | 16,07 | 16,13 | 15,98 | 16,02 | 38.2M |
Oracle Corp. | ORCL | 29,36 | 29,71 | 29,30 | 29,38 | 35.1M |
Comcast | CMCSA | 20,83 | 20,87 | 20,56 | 20,63 | 25.9M |
Wells Fargo & Co. | WFC | 25,82 | 26,13 | 25,67 | 26,06 | 24M |
Abbott Laboratories | ABT | 51,78 | 51,86 | 50,93 | 51,32 | 21.3M |
AT&T Inc. | T | 28,42 | 28,63 | 28,37 | 28,52 | 21.2M |
JPMorgan Chase | JPM | 37,45 | 37,74 | 37,32 | 37,63 | 19.8M |
ExxonMobil | XOM | 66,10 | 66,56 | 65,99 | 66,49 | 19.3M |
HP Inc. | HPQ | 42,44 | 42,68 | 41,88 | 42,04 | 18.2M |
Apple | AAPL | 304,23 | 305,88 | 300,87 | 300,98 | 15.4M |
Merck | MRK | 36,73 | 36,74 | 36,02 | 36,31 | 15.2M |
Walt Disney & Co. | DIS | 36,51 | 36,51 | 35,83 | 36,13 | 12.9M |
Schlumberger | SLB | 69,49 | 70,23 | 69,03 | 69,89 | 12.6M |
Chevron | CVX | 82,89 | 83,23 | 81,98 | 82,60 | 12.5M |
Verizon Communications | VZ | 32,37 | 32,56 | 32,21 | 32,48 | 12.1M |
Altria | MO | 25,28 | 25,42 | 25,24 | 25,42 | 12M |
Procter & Gamble | PG | 63,23 | 63,85 | 63,19 | 63,57 | 11.4M |
ConocoPhillips | COP | 59,38 | 59,53 | 58,80 | 59,39 | 11.1M |
Home Depot | HD | 31,09 | 31,18 | 30,87 | 30,90 | 9.5M |
Johnson & Johnson | JNJ | 63,64 | 63,84 | 63,32 | 63,74 | 9.31M |
International Business Machines | IBM | 140,90 | 144,00 | 140,75 | 143,60 | 8.44M |
Wal-Mart Stores | WMT | 54,04 | 54,59 | 53,61 | 54,17 | 8.03M |
Bristol-Myers Squibb | BMY | 26,97 | 27,02 | 26,71 | 26,84 | 7.97M |
Coca-Cola | KO | 61,15 | 61,50 | 61,03 | 61,32 | 7.12M |
UnitedHealth Group | UNH | 36,40 | 36,93 | 35,81 | 36,05 | 6.7M |
Berkshire Hathaway | BRK.B | 80,04 | 80,18 | 78,72 | 79,56 | 6.11M |
3M | MMM | 85,01 | 85,21 | 84,07 | 84,22 | 6.09M |
Visa | V | 76,40 | 78,43 | 76,34 | 78,16 | 5.72M |
Pepsico | PEP | 65,07 | 65,30 | 64,86 | 65,30 | 5.55M |
Gilead Sciences | GILD | 39,61 | 39,90 | 39,57 | 39,67 | 5.12M |
Amazon | AMZN | 165,80 | 168,50 | 164,81 | 165,23 | 5M |
Alphabet | GOOGL | 617,07 | 619,00 | 612,99 | 613,70 | 4.55M |
McDonald's | MCD | 77,60 | 79,90 | 77,40 | 77,77 | 4.34M |
Amgen | AMGN | 56,95 | 57,46 | 56,80 | 57,19 | 3.38M |
Boeing | BA | 71,15 | 71,46 | 70,36 | 70,64 | 3.19M |
Union Pacific | UNP | 85,75 | 88,04 | 85,54 | 87,68 | 2.65M |
United Technologies | UTX | 74,32 | 74,88 | 74,10 | 74,77 | 2.65M |
Exchange Rates of October 29, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 80,310 JPY | 1 JPY = 0,012 USD |
US Dollar | Canadian Dollar | 1 USD = 1,019 CAD | 1 CAD = 0,981 USD |
US Dollar | Swiss Franc | 1 USD = 0,982 CHF | 1 CHF = 1,018 USD |
US Dollar | Chinese Yuan | 1 USD = 6,672 CNY | 1 CNY = 0,150 USD |
Euro | Japanese Yen | 1 EUR = 112,100 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,870 GBP | 1 GBP = 1,150 EUR |
Euro | Australian Dollar | 1 EUR = 1,416 AUD | 1 AUD = 0,706 EUR |
Euro | Canadian Dollar | 1 EUR = 1,422 CAD | 1 CAD = 0,703 EUR |
Euro | Swiss Franc | 1 EUR = 1,370 CHF | 1 CHF = 0,730 EUR |
Euro | Chinese Yuan | 1 EUR = 9,302 CNY | 1 CNY = 0,108 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,775 GBP | 1 GBP = 1,290 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,264 AUD | 1 AUD = 0,791 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,267 CAD | 1 CAD = 0,789 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,222 CHF | 1 CHF = 0,819 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,630 AUD | 1 AUD = 0,613 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,635 CAD | 1 CAD = 0,612 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,575 CHF | 1 CHF = 0,635 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10,688 CNY | 1 CNY = 0,094 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 1,003 CAD | 1 CAD = 0,998 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,964 CHF | 1 CHF = 1,037 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6,564 CNY | 1 CNY = 0,152 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,962 CHF | 1 CHF = 1,040 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,543 CNY | 1 CNY = 0,153 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,790 CNY | 1 CNY = 0,147 CHF |
See what else happened on October 29, 2010