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..
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..
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..
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..
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
| Currencies | Exchange 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