Financial news on December 30, 2009

Business and Financial news
Emerging Markets Soar Past Their Doubters

Staggering gains this decade in Brazil, Russia, China, India and other developing nations have left even some bulls wondering if the good times can last. Read more..

By HEATHER TIMMONS - The New York Times

Europe’s Vast Farm Subsidies Face Challenges

A new round of maneuvering has begun to reshape the richest system of agricultural subsidies in the world, which cannot be cut until 2013. Read more..

By STEPHEN CASTLE and DOREEN CARVAJAL - The New York Times

F.D.A. to Seek New Standards on Human Test Data

The Food and Drug Administration will seek tougher standards for data from tests by medical device makers. Read more..

By BARRY MEIER - The New York Times

Health Cuts With Little Effect on Care

In Richmond, Va., where hospital beds are fewer, health care looks like the rest of the country’s, but cheaper. Read more..

By DAVID LEONHARDT - The New York Times

In the Loftiest of Buildings, High Art Still Finds a Home

Despite the effects of the recession, a passion for art among owners of major buildings keeps fresh work in the lobbies. Read more..

By JANE L. LEVERE - The New York Times

Korean Leader Pardons Samsung’s Ex-Chairman

The amnesty angered civic groups that claimed business tycoons like Lee Kun-hee, convicted of embezzlement and tax evasion, were treated leniently. Read more..

By CHOE SANG-HUN - The New York Times

Oil Field Project in Iraq Won by Lukoil and Statoil

The deal allows Lukoil of Russia and Statoil of Norway to develop the vast West Qurna 2 oil field, which has been neglected for decades. Read more..

By JAMES KANTER - The New York Times

The Deal Professor’s 2009 in Review, Part II: The Deals

In part II of his 2009 in review, the Deal Professor takes a look at the biggest domestic deals of the year and what they show about the new normal in mergers and acquisitions. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

Three Hurdles for China in the Year of the Tiger

China must face the undertows of inflation, protectionism and inequality next year. Read more..

By JOHN FOLEY - The New York Times

With Ads, Music Downloads Sing a New Tune

FreeAllMusic.com will let users download songs, and copy and share them, at no cost in return for watching ads. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.30 15.37 15.26 15.35 45M
Microsoft MSFT 31.15 31.29 30.80 30.96 42M
Intel INTC 20.25 20.60 20.25 20.59 26.3M
AT&T Inc. T 28.26 28.61 28.22 28.32 23.5M
ExxonMobil XOM 68.71 68.96 68.39 68.77 19.9M
Wells Fargo & Co. WFC 26.50 26.82 26.44 26.82 19.1M
Oracle Corp. ORCL 24.92 25.05 24.70 24.93 18.7M
Pfizer PFE 18.48 18.59 18.38 18.50 18.3M
Cisco Systems CSCO 24.01 24.20 24.00 24.18 17.2M
JPMorgan Chase JPM 41.27 41.62 41.23 41.53 15.5M
Apple AAPL 208.83 212.00 208.31 211.64 14.7M
Verizon Communications VZ 33.37 33.48 33.28 33.42 14M
Bristol-Myers Squibb BMY 25.49 25.67 25.44 25.61 9.49M
Merck MRK 36.88 37.19 36.81 37.06 9.39M
Altria MO 19.85 19.89 19.72 19.81 9.33M
Comcast CMCSA 17.12 17.20 16.96 17.07 8.84M
Abbott Laboratories ABT 53.91 54.55 53.90 54.54 7.48M
Amazon AMZN 138.40 138.40 135.28 136.49 6.91M
Wal-Mart Stores WMT 53.93 54.35 53.89 54.30 6.8M
McDonald's MCD 63.45 63.65 62.81 62.89 6.78M
Walt Disney & Co. DIS 32.31 32.38 32.10 32.28 6.69M
HP Inc. HPQ 52.28 52.93 52.28 52.93 6.65M
UnitedHealth Group UNH 30.85 31.01 30.60 31.01 5.81M
ConocoPhillips COP 50.56 51.00 50.50 50.99 5.81M
Home Depot HD 29.10 29.28 28.99 29.13 5.7M
Procter & Gamble PG 61.38 61.89 61.16 61.37 5.67M
Johnson & Johnson JNJ 64.78 65.03 64.53 64.91 5.6M
Gilead Sciences GILD 43.47 43.98 43.34 43.80 5.08M
Coca-Cola KO 57.74 57.90 57.48 57.68 4.81M
International Business Machines IBM 131.23 132.68 130.68 132.57 3.87M
Pepsico PEP 61.00 61.45 60.87 61.31 3.78M
Visa V 87.47 88.28 87.47 88.14 3.09M
Alphabet GOOGL 618.50 622.73 618.01 622.73 2.93M
Schlumberger SLB 64.95 65.60 64.67 65.56 2.8M
3M MMM 84.00 84.30 83.66 83.90 2.6M
Amgen AMGN 57.51 57.80 57.30 57.54 2.49M
Boeing BA 54.86 55.29 54.75 54.96 2.46M
United Technologies UTX 70.30 70.54 70.00 70.49 2.19M
Chevron CVX 77.00 77.67 77.00 77.65 1.47M
Union Pacific UNP 65.32 65.42 64.82 64.90 1.42M
Berkshire Hathaway BRK.B 3283.00 3289.50 3280.00 3289.50 11.2K
Exchange Rates of December 30, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92.420 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.055 CAD 1 CAD = 0.948 USD
US Dollar Swiss Franc 1 USD = 1.037 CHF 1 CHF = 0.965 USD
US Dollar Chinese Yuan 1 USD = 6.825 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 132.520 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.892 GBP 1 GBP = 1.121 EUR
Euro Australian Dollar 1 EUR = 1.604 AUD 1 AUD = 0.623 EUR
Euro Canadian Dollar 1 EUR = 1.513 CAD 1 CAD = 0.661 EUR
Euro Swiss Franc 1 EUR = 1.486 CHF 1 CHF = 0.673 EUR
Euro Chinese Yuan 1 EUR = 9.786 CNY 1 CNY = 0.102 EUR
Japanese Yen Pound Sterling 1 JPY = 0.673 GBP 1 GBP = 1.487 JPY
Japanese Yen Australian Dollar 1 JPY = 1.210 AUD 1 AUD = 0.827 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.141 CAD 1 CAD = 0.876 JPY
Japanese Yen Swiss Franc 1 JPY = 1.121 CHF 1 CHF = 0.892 JPY
Pound Sterling Australian Dollar 1 GBP = 1.798 AUD 1 AUD = 0.556 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.696 CAD 1 CAD = 0.590 GBP
Pound Sterling Swiss Franc 1 GBP = 1.666 CHF 1 CHF = 0.600 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.961 CNY 1 CNY = 0.091 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.943 CAD 1 CAD = 1.061 AUD
Australian Dollar Swiss Franc 1 AUD = 0.926 CHF 1 CHF = 1.080 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.100 CNY 1 CNY = 0.164 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.982 CHF 1 CHF = 1.018 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.465 CNY 1 CNY = 0.155 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.584 CNY 1 CNY = 0.152 CHF

See what else happened on December 30, 2009