Financial news on September 29th, 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..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO21.6321.9121.5621.8746.3M
General ElectricGE16.3416.4616.2416.3644.1M
JPMorgan ChaseJPM38.7938.8838.0638.4140.2M
Wells Fargo & Co.WFC25.2125.3724.9125.0437.7M
Oracle Corp.ORCL27.0727.3026.9327.1736.6M
HP Inc.HPQ41.9742.7441.9042.5331.3M
AT&T Inc.T28.9128.9828.6128.7127.2M
Verizon CommunicationsVZ32.6732.8232.4132.6616M
Abbott LaboratoriesABT52.3852.5752.1152.4911.3M
Bristol-Myers SquibbBMY27.5727.7127.2127.3710.2M
Wal-Mart StoresWMT53.8053.8153.1153.359.86M
Procter & GamblePG60.4660.6260.0360.259.71M
Johnson & JohnsonJNJ62.3162.5562.1362.319.59M
Walt Disney & Co.DIS33.0333.1832.6833.019.23M
Home DepotHD31.7431.9331.6631.819.18M
UnitedHealth GroupUNH34.9135.2134.7135.207.87M
Gilead SciencesGILD35.9635.9735.5935.877.7M
International Business MachinesIBM134.40135.81134.34135.485.15M
Berkshire HathawayBRK.B82.6683.3382.2082.444.47M
United TechnologiesUTX71.3071.7871.1771.492.93M
Union PacificUNP81.9083.0881.5882.252.28M
Exchange Rates of September 29th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 83.710 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.033 CAD1 CAD = 0.969 USD
US DollarSwiss Franc1 USD = 0.977 CHF1 CHF = 1.024 USD
US DollarChinese Yuan1 USD = 6.688 CNY1 CNY = 0.150 USD
EuroJapanese Yen1 EUR = 114.030 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.863 GBP1 GBP = 1.159 EUR
EuroAustralian Dollar1 EUR = 1.406 AUD1 AUD = 0.711 EUR
EuroCanadian Dollar1 EUR = 1.407 CAD1 CAD = 0.711 EUR
EuroSwiss Franc1 EUR = 1.331 CHF1 CHF = 0.751 EUR
EuroChinese Yuan1 EUR = 9.113 CNY1 CNY = 0.110 EUR
Japanese YenPound Sterling1 JPY = 0.756 GBP1 GBP = 1.323 JPY
Japanese YenAustralian Dollar1 JPY = 1.233 AUD1 AUD = 0.811 JPY
Japanese YenCanadian Dollar1 JPY = 1.233 CAD1 CAD = 0.811 JPY
Japanese YenSwiss Franc1 JPY = 1.167 CHF1 CHF = 0.857 JPY
Pound SterlingAustralian Dollar1 GBP = 1.631 AUD1 AUD = 0.613 GBP
Pound SterlingCanadian Dollar1 GBP = 1.631 CAD1 CAD = 0.613 GBP
Pound SterlingSwiss Franc1 GBP = 1.543 CHF1 CHF = 0.648 GBP
Pound SterlingChinese Yuan1 GBP = 10.549 CNY1 CNY = 0.095 GBP
Australian DollarCanadian Dollar1 AUD = 1.000 CAD1 CAD = 1.000 AUD
Australian DollarSwiss Franc1 AUD = 0.945 CHF1 CHF = 1.058 AUD
Australian DollarChinese Yuan1 AUD = 6.475 CNY1 CNY = 0.154 AUD
Canadian DollarSwiss Franc1 CAD = 0.945 CHF1 CHF = 1.058 CAD
Canadian DollarChinese Yuan1 CAD = 6.477 CNY1 CNY = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.843 CNY1 CNY = 0.146 CHF

See what else happened on September 29th, 2010