Financial news on September 29, 2009

Business and Financial news
Big Merger Deals Signal Restored Confidence

A flurry of mergers in the last month suggest that corporate America may have a more optimistic outlook on the economy than some people thought. Read more..

By ANDREW ROSS SORKIN - The New York Times

British Airways Tries Premium New York Flights

Despite a drop in premium bookings amid the global economic downturn, British Airways is starting a business-class-only service from London to New York. Read more..

By BLOOMBERG NEWS - International Herald Tribune

Don Fisher, the Gap’s Founder, Dies at 81

Mr. Fisher started the Gap in 1969 to capitalize on the growing popularity of denim. Now the chain has more than 3,000 stores worldwide. Read more..

By BRUCE WEBER - The New York Times

Out From India’s Alleys, Gold Loans Gain Respect

A fast-growing segment of the lending industry serves the many Indians who lack paperwork to prove their income or collateral other than gold jewelry. Read more..

By VIKAS BAJAJ - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.91 17.09 16.67 16.71 80.8M
Pfizer PFE 16.57 16.94 16.45 16.77 66.2M
Intel INTC 19.67 19.78 19.44 19.48 42M
Cisco Systems CSCO 23.62 23.74 23.21 23.30 40.2M
Microsoft MSFT 25.91 25.96 25.69 25.75 39.1M
AT&T Inc. T 27.34 27.37 27.03 27.20 31.9M
Wells Fargo & Co. WFC 28.70 28.97 28.30 28.35 29.7M
Comcast CMCSA 17.04 17.43 17.01 17.38 29.7M
Abbott Laboratories ABT 48.98 49.58 48.80 49.10 24.7M
JPMorgan Chase JPM 44.89 45.20 44.43 44.88 23.9M
Oracle Corp. ORCL 21.12 21.38 21.10 21.12 23.3M
UnitedHealth Group UNH 25.92 26.44 24.94 25.68 23.2M
HP Inc. HPQ 47.66 47.95 47.26 47.44 19.7M
Altria MO 17.66 18.00 17.66 17.90 18.4M
Wal-Mart Stores WMT 49.65 49.68 49.18 49.23 17.1M
ConocoPhillips COP 46.04 46.04 45.15 45.22 15M
Bristol-Myers Squibb BMY 22.69 22.69 22.69 22.69 14.9M
ExxonMobil XOM 69.36 69.71 68.95 69.07 14.7M
Merck MRK 32.02 32.22 31.68 31.85 14.1M
Verizon Communications VZ 30.26 30.29 29.96 30.16 13.9M
Home Depot HD 27.32 27.44 26.68 26.83 13.8M
Apple AAPL 186.73 187.40 184.31 185.38 12.3M
Visa V 71.19 72.14 69.21 69.57 10.5M
Coca-Cola KO 53.40 53.54 53.19 53.31 8.66M
Walt Disney & Co. DIS 28.26 28.44 27.94 27.94 8.06M
Chevron CVX 71.50 71.80 70.79 70.91 7.86M
Procter & Gamble PG 58.34 58.37 57.76 57.91 7.63M
Johnson & Johnson JNJ 61.28 61.42 60.88 60.93 7.56M
McDonald's MCD 57.18 57.66 57.05 57.17 7.54M
Boeing BA 53.28 55.48 53.28 54.62 7.27M
Pepsico PEP 59.10 59.31 58.00 58.51 7.09M
International Business Machines IBM 119.36 119.94 118.60 118.81 6.75M
Schlumberger SLB 60.45 61.15 60.02 60.42 5.84M
Amgen AMGN 60.74 61.25 60.16 60.46 5.6M
Gilead Sciences GILD 47.01 47.11 46.14 46.48 5.38M
Amazon AMZN 91.96 92.33 90.10 91.72 4.39M
Alphabet GOOGL 499.53 499.75 493.01 498.53 4.19M
United Technologies UTX 61.66 61.93 61.25 61.31 4.05M
3M MMM 74.78 75.25 73.86 73.94 3.2M
Union Pacific UNP 60.32 60.52 59.05 59.14 2.87M
Berkshire Hathaway BRK.B 3277.00 3357.50 3276.00 3341.00 42.3K
Exchange Rates of September 29, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.130 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.085 CAD 1 CAD = 0.922 USD
US Dollar Swiss Franc 1 USD = 1.036 CHF 1 CHF = 0.965 USD
US Dollar Chinese Yuan 1 USD = 6.829 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 131.430 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.914 GBP 1 GBP = 1.094 EUR
Euro Australian Dollar 1 EUR = 1.673 AUD 1 AUD = 0.598 EUR
Euro Canadian Dollar 1 EUR = 1.581 CAD 1 CAD = 0.632 EUR
Euro Swiss Franc 1 EUR = 1.511 CHF 1 CHF = 0.662 EUR
Euro Chinese Yuan 1 EUR = 9.957 CNY 1 CNY = 0.100 EUR
Japanese Yen Pound Sterling 1 JPY = 0.695 GBP 1 GBP = 1.439 JPY
Japanese Yen Australian Dollar 1 JPY = 1.273 AUD 1 AUD = 0.786 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.203 CAD 1 CAD = 0.831 JPY
Japanese Yen Swiss Franc 1 JPY = 1.149 CHF 1 CHF = 0.870 JPY
Pound Sterling Australian Dollar 1 GBP = 1.831 AUD 1 AUD = 0.546 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.731 CAD 1 CAD = 0.578 GBP
Pound Sterling Swiss Franc 1 GBP = 1.654 CHF 1 CHF = 0.605 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.885 CNY 1 CNY = 0.092 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.945 CAD 1 CAD = 1.058 AUD
Australian Dollar Swiss Franc 1 AUD = 0.902 CHF 1 CHF = 1.108 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.950 CNY 1 CNY = 0.168 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.955 CHF 1 CHF = 1.047 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.292 CNY 1 CNY = 0.159 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.587 CNY 1 CNY = 0.152 CHF

See what else happened on September 29, 2009