Financial news on September 29, 2010

Business and Financial news
AOL to Acquire TechCrunch to Bolster Its News Coverage

The deal would help the company beef up its growing online editorial business. Read more..

By VERNE G. KOPYTOFF - The New York Times

Arthur Holch, Emmy-Winning Documentarian, Dies at 86

Mr. Holch won an Emmy in 1992 for a documentary on Hitler youth, but his most famous documentary depicted the daily lives of blacks in 1961. Read more..

By MARGALIT FOX - The New York Times

Barnes & Noble Wins Battle Over Board

After fending off a challenge to its chairman, the bookseller can now focus on a turnaround and a sale. Read more..

By MICHAEL J. de la MERCED - The New York Times

Block on Minerals Called Threat to Japan’s Economy

A standoff between China and Japan showed signs of a breakthrough after an official said new export licenses were issued. Read more..

By HIROKO TABUCHI - The New York Times

Campbell Soup Chief to Step Down

The Campbell Soup Company said on Tuesday its chief executive, Douglas R. Conant, planned to step down in July after a decade leading the company. Read more..

By DEALBOOK - The New York Times

Congress Likely to Urge China to Raise Its Currency

The House will vote Wednesday on a symbolic but not insignificant measure threatening China with punitive tariffs on its imports to the United States, in what is likely to be one of Congress’s last significant measures before the election. Read more..

By DEALBOOK - The New York Times

Congress Likely to Urge China to Raise Its Currency

The House will vote Wednesday on a measure threatening punitive tariffs on China’s imports to the United States. Read more..

By SEWELL CHAN - The New York Times

Health Industry and Fed Action Help Wall Street Rebound Quickly

Companies like Walgreen led a rally that was also helped by expectations that the Federal Reserve would do more for the economy. Read more..

By BLOOMBERG NEWS - The New York Times

Toy Makers Fight for Exemption From Rules

A federal crackdown on dangerous toys has swamped the safety commission with requests to exempt playthings. Read more..

By ANDREW MARTIN - The New York Times

U.S. Is Said to Seek Way to Sever Ties With A.I.G.

The White House is said to be pressing for a deal to convert the government’s stake in A.I.G. into common stock and then sell it to private investors. Read more..

By LOUISE STORY and MARY WILLIAMS WALSH - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 19.48 19.62 19.12 19.24 62.5M
Cisco Systems CSCO 21.63 21.91 21.56 21.87 46.3M
Microsoft MSFT 24.63 24.66 24.40 24.50 44.3M
General Electric GE 16.34 16.46 16.24 16.36 44.1M
Pfizer PFE 17.40 17.50 17.29 17.40 42.3M
JPMorgan Chase JPM 38.79 38.88 38.06 38.41 40.2M
Wells Fargo & Co. WFC 25.21 25.37 24.91 25.04 37.7M
Oracle Corp. ORCL 27.07 27.30 26.93 27.17 36.6M
HP Inc. HPQ 41.97 42.74 41.90 42.53 31.3M
AT&T Inc. T 28.91 28.98 28.61 28.71 27.2M
ExxonMobil XOM 61.77 62.02 61.27 61.59 21.2M
Comcast CMCSA 18.25 18.33 17.93 18.15 20M
Apple AAPL 287.23 289.81 286.00 287.37 16.8M
Verizon Communications VZ 32.67 32.82 32.41 32.66 16M
ConocoPhillips COP 57.03 57.70 56.65 57.36 11.7M
Abbott Laboratories ABT 52.38 52.57 52.11 52.49 11.3M
Altria MO 24.18 24.33 24.10 24.25 10.7M
Bristol-Myers Squibb BMY 27.57 27.71 27.21 27.37 10.2M
Wal-Mart Stores WMT 53.80 53.81 53.11 53.35 9.86M
Schlumberger SLB 60.37 62.17 60.11 61.52 9.78M
Procter & Gamble PG 60.46 60.62 60.03 60.25 9.71M
Johnson & Johnson JNJ 62.31 62.55 62.13 62.31 9.59M
Merck MRK 37.10 37.26 36.86 37.12 9.45M
Walt Disney & Co. DIS 33.03 33.18 32.68 33.01 9.23M
Home Depot HD 31.74 31.93 31.66 31.81 9.18M
Chevron CVX 80.74 81.70 80.49 81.28 8.85M
Amgen AMGN 55.97 55.99 54.07 54.94 8.49M
UnitedHealth Group UNH 34.91 35.21 34.71 35.20 7.87M
Coca-Cola KO 59.00 59.00 58.42 58.76 7.87M
Gilead Sciences GILD 35.96 35.97 35.59 35.87 7.7M
Amazon AMZN 159.03 161.78 157.75 158.99 7.29M
Visa V 73.01 74.50 72.88 74.41 6.97M
Boeing BA 64.71 66.26 64.44 65.97 5.87M
Pepsico PEP 66.54 67.00 66.23 66.75 5.55M
International Business Machines IBM 134.40 135.81 134.34 135.48 5.15M
McDonald's MCD 74.57 74.75 74.30 74.45 4.67M
Berkshire Hathaway BRK.B 82.66 83.33 82.20 82.44 4.47M
Alphabet GOOGL 527.85 532.94 524.71 527.69 4.34M
United Technologies UTX 71.30 71.78 71.17 71.49 2.93M
3M MMM 86.66 87.65 86.32 87.17 2.92M
Union Pacific UNP 81.90 83.08 81.58 82.25 2.28M
Exchange Rates of September 29, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 83.710 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.033 CAD 1 CAD = 0.969 USD
US Dollar Swiss Franc 1 USD = 0.977 CHF 1 CHF = 1.024 USD
US Dollar Chinese Yuan 1 USD = 6.688 CNY 1 CNY = 0.150 USD
Euro Japanese Yen 1 EUR = 114.030 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.863 GBP 1 GBP = 1.159 EUR
Euro Australian Dollar 1 EUR = 1.406 AUD 1 AUD = 0.711 EUR
Euro Canadian Dollar 1 EUR = 1.407 CAD 1 CAD = 0.711 EUR
Euro Swiss Franc 1 EUR = 1.331 CHF 1 CHF = 0.751 EUR
Euro Chinese Yuan 1 EUR = 9.113 CNY 1 CNY = 0.110 EUR
Japanese Yen Pound Sterling 1 JPY = 0.756 GBP 1 GBP = 1.323 JPY
Japanese Yen Australian Dollar 1 JPY = 1.233 AUD 1 AUD = 0.811 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.233 CAD 1 CAD = 0.811 JPY
Japanese Yen Swiss Franc 1 JPY = 1.167 CHF 1 CHF = 0.857 JPY
Pound Sterling Australian Dollar 1 GBP = 1.631 AUD 1 AUD = 0.613 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.631 CAD 1 CAD = 0.613 GBP
Pound Sterling Swiss Franc 1 GBP = 1.543 CHF 1 CHF = 0.648 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.549 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.000 CAD 1 CAD = 1.000 AUD
Australian Dollar Swiss Franc 1 AUD = 0.945 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.475 CNY 1 CNY = 0.154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.945 CHF 1 CHF = 1.058 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.477 CNY 1 CNY = 0.154 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.843 CNY 1 CNY = 0.146 CHF

See what else happened on September 29, 2010