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

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.3015.3715.2615.3545M
MicrosoftMSFT31.1531.2930.8030.9642M
IntelINTC20.2520.6020.2520.5926.3M
AT&T Inc.T28.2628.6128.2228.3223.5M
ExxonMobilXOM68.7168.9668.3968.7719.9M
Wells Fargo & Co.WFC26.5026.8226.4426.8219.1M
Oracle Corp.ORCL24.9225.0524.7024.9318.7M
PfizerPFE18.4818.5918.3818.5018.3M
Cisco SystemsCSCO24.0124.2024.0024.1817.2M
JPMorgan ChaseJPM41.2741.6241.2341.5315.5M
AppleAAPL208.83212.00208.31211.6414.7M
Verizon CommunicationsVZ33.3733.4833.2833.4214M
Bristol-Myers SquibbBMY25.4925.6725.4425.619.49M
MerckMRK36.8837.1936.8137.069.39M
AltriaMO19.8519.8919.7219.819.33M
ComcastCMCSA17.1217.2016.9617.078.84M
Abbott LaboratoriesABT53.9154.5553.9054.547.48M
AmazonAMZN138.40138.40135.28136.496.91M
Wal-Mart StoresWMT53.9354.3553.8954.306.8M
McDonald'sMCD63.4563.6562.8162.896.78M
Walt Disney & Co.DIS32.3132.3832.1032.286.69M
HP Inc.HPQ52.2852.9352.2852.936.65M
UnitedHealth GroupUNH30.8531.0130.6031.015.81M
ConocoPhillipsCOP50.5651.0050.5050.995.81M
Home DepotHD29.1029.2828.9929.135.7M
Procter & GamblePG61.3861.8961.1661.375.67M
Johnson & JohnsonJNJ64.7865.0364.5364.915.6M
Gilead SciencesGILD43.4743.9843.3443.805.08M
Coca-ColaKO57.7457.9057.4857.684.81M
International Business MachinesIBM131.23132.68130.68132.573.87M
PepsicoPEP61.0061.4560.8761.313.78M
VisaV87.4788.2887.4788.143.09M
AlphabetGOOGL618.50622.73618.01622.732.93M
SchlumbergerSLB64.9565.6064.6765.562.8M
3MMMM84.0084.3083.6683.902.6M
AmgenAMGN57.5157.8057.3057.542.49M
BoeingBA54.8655.2954.7554.962.46M
United TechnologiesUTX70.3070.5470.0070.492.19M
ChevronCVX77.0077.6777.0077.651.47M
Union PacificUNP65.3265.4264.8264.901.42M
Berkshire HathawayBRK.B3283.003289.503280.003289.5011.2K
Exchange Rates of December 30, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92.420 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.055 CAD1 CAD = 0.948 USD
US DollarSwiss Franc1 USD = 1.037 CHF1 CHF = 0.965 USD
US DollarChinese Yuan1 USD = 6.825 CNY1 CNY = 0.147 USD
EuroJapanese Yen1 EUR = 132.520 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.892 GBP1 GBP = 1.121 EUR
EuroAustralian Dollar1 EUR = 1.604 AUD1 AUD = 0.623 EUR
EuroCanadian Dollar1 EUR = 1.513 CAD1 CAD = 0.661 EUR
EuroSwiss Franc1 EUR = 1.486 CHF1 CHF = 0.673 EUR
EuroChinese Yuan1 EUR = 9.786 CNY1 CNY = 0.102 EUR
Japanese YenPound Sterling1 JPY = 0.673 GBP1 GBP = 1.487 JPY
Japanese YenAustralian Dollar1 JPY = 1.210 AUD1 AUD = 0.827 JPY
Japanese YenCanadian Dollar1 JPY = 1.141 CAD1 CAD = 0.876 JPY
Japanese YenSwiss Franc1 JPY = 1.121 CHF1 CHF = 0.892 JPY
Pound SterlingAustralian Dollar1 GBP = 1.798 AUD1 AUD = 0.556 GBP
Pound SterlingCanadian Dollar1 GBP = 1.696 CAD1 CAD = 0.590 GBP
Pound SterlingSwiss Franc1 GBP = 1.666 CHF1 CHF = 0.600 GBP
Pound SterlingChinese Yuan1 GBP = 10.961 CNY1 CNY = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 0.943 CAD1 CAD = 1.061 AUD
Australian DollarSwiss Franc1 AUD = 0.926 CHF1 CHF = 1.080 AUD
Australian DollarChinese Yuan1 AUD = 6.100 CNY1 CNY = 0.164 AUD
Canadian DollarSwiss Franc1 CAD = 0.982 CHF1 CHF = 1.018 CAD
Canadian DollarChinese Yuan1 CAD = 6.465 CNY1 CNY = 0.155 CAD
Swiss FrancChinese Yuan1 CHF = 6.584 CNY1 CNY = 0.152 CHF

See what else happened on December 30, 2009