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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.9117.0916.6716.7180.8M
PfizerPFE16.5716.9416.4516.7766.2M
IntelINTC19.6719.7819.4419.4842M
Cisco SystemsCSCO23.6223.7423.2123.3040.2M
MicrosoftMSFT25.9125.9625.6925.7539.1M
AT&T Inc.T27.3427.3727.0327.2031.9M
Wells Fargo & Co.WFC28.7028.9728.3028.3529.7M
ComcastCMCSA17.0417.4317.0117.3829.7M
Abbott LaboratoriesABT48.9849.5848.8049.1024.7M
JPMorgan ChaseJPM44.8945.2044.4344.8823.9M
Oracle Corp.ORCL21.1221.3821.1021.1223.3M
UnitedHealth GroupUNH25.9226.4424.9425.6823.2M
HP Inc.HPQ47.6647.9547.2647.4419.7M
AltriaMO17.6618.0017.6617.9018.4M
Wal-Mart StoresWMT49.6549.6849.1849.2317.1M
ConocoPhillipsCOP46.0446.0445.1545.2215M
Bristol-Myers SquibbBMY22.6922.6922.6922.6914.9M
ExxonMobilXOM69.3669.7168.9569.0714.7M
MerckMRK32.0232.2231.6831.8514.1M
Verizon CommunicationsVZ30.2630.2929.9630.1613.9M
Home DepotHD27.3227.4426.6826.8313.8M
AppleAAPL186.73187.40184.31185.3812.3M
VisaV71.1972.1469.2169.5710.5M
Coca-ColaKO53.4053.5453.1953.318.66M
Walt Disney & Co.DIS28.2628.4427.9427.948.06M
ChevronCVX71.5071.8070.7970.917.86M
Procter & GamblePG58.3458.3757.7657.917.63M
Johnson & JohnsonJNJ61.2861.4260.8860.937.56M
McDonald'sMCD57.1857.6657.0557.177.54M
BoeingBA53.2855.4853.2854.627.27M
PepsicoPEP59.1059.3158.0058.517.09M
International Business MachinesIBM119.36119.94118.60118.816.75M
SchlumbergerSLB60.4561.1560.0260.425.84M
AmgenAMGN60.7461.2560.1660.465.6M
Gilead SciencesGILD47.0147.1146.1446.485.38M
AmazonAMZN91.9692.3390.1091.724.39M
AlphabetGOOGL499.53499.75493.01498.534.19M
United TechnologiesUTX61.6661.9361.2561.314.05M
3MMMM74.7875.2573.8673.943.2M
Union PacificUNP60.3260.5259.0559.142.87M
Berkshire HathawayBRK.B3277.003357.503276.003341.0042.3K
Exchange Rates of September 29, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.130 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.085 CAD1 CAD = 0.922 USD
US DollarSwiss Franc1 USD = 1.036 CHF1 CHF = 0.965 USD
US DollarChinese Yuan1 USD = 6.829 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 131.430 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.914 GBP1 GBP = 1.094 EUR
EuroAustralian Dollar1 EUR = 1.673 AUD1 AUD = 0.598 EUR
EuroCanadian Dollar1 EUR = 1.581 CAD1 CAD = 0.632 EUR
EuroSwiss Franc1 EUR = 1.511 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 9.957 CNY1 CNY = 0.100 EUR
Japanese YenPound Sterling1 JPY = 0.695 GBP1 GBP = 1.439 JPY
Japanese YenAustralian Dollar1 JPY = 1.273 AUD1 AUD = 0.786 JPY
Japanese YenCanadian Dollar1 JPY = 1.203 CAD1 CAD = 0.831 JPY
Japanese YenSwiss Franc1 JPY = 1.149 CHF1 CHF = 0.870 JPY
Pound SterlingAustralian Dollar1 GBP = 1.831 AUD1 AUD = 0.546 GBP
Pound SterlingCanadian Dollar1 GBP = 1.731 CAD1 CAD = 0.578 GBP
Pound SterlingSwiss Franc1 GBP = 1.654 CHF1 CHF = 0.605 GBP
Pound SterlingChinese Yuan1 GBP = 10.885 CNY1 CNY = 0.092 GBP
Australian DollarCanadian Dollar1 AUD = 0.945 CAD1 CAD = 1.058 AUD
Australian DollarSwiss Franc1 AUD = 0.902 CHF1 CHF = 1.108 AUD
Australian DollarChinese Yuan1 AUD = 5.950 CNY1 CNY = 0.168 AUD
Canadian DollarSwiss Franc1 CAD = 0.955 CHF1 CHF = 1.047 CAD
Canadian DollarChinese Yuan1 CAD = 6.292 CNY1 CNY = 0.159 CAD
Swiss FrancChinese Yuan1 CHF = 6.587 CNY1 CNY = 0.152 CHF

See what else happened on September 29, 2009