Financial news on September 30, 2008
Business and Financial news
Three days after awarding a team of agencies owned by the WPP Group its creative and media assignments, Wachovia suspended the decision when word came out it was being purchased by Citigroup. Read more..
The turmoil that has rocked the United States banking system spread to Europe on Monday, buffeting institutions in at least four countries with a chain of new failures. Read more..
Over a trillion dollars vanished from Wall Street on Monday, the blackest day since the 1987 stock market crash. Read more..
Addressing the issues on the minds of investors on Main Street who are distressed by the fallout on Wall Street. Read more..
Hundreds of readers responded to an invitation to submit questions about the effects on their personal finances. Read more..
Akzo Nobel, the paint maker, postponed a $2.3 billion stock repurchase plan, as the credit market freeze-up hampered its ability to refinance loans. Read more..
Without the bailout plan they lobbied for, the Treasury and the Federal Reserve will have to dig deep into their toolkits. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 25.77 | 26.69 | 25.54 | 26.69 | 107M |
Intel | INTC | 18.08 | 18.80 | 17.80 | 18.73 | 84.1M |
General Electric | GE | 23.87 | 26.05 | 23.87 | 25.50 | 76M |
Pfizer | PFE | 17.93 | 18.44 | 17.75 | 18.44 | 75.5M |
JPMorgan Chase | JPM | 44.63 | 47.39 | 43.77 | 46.70 | 67M |
Cisco Systems | CSCO | 22.25 | 22.61 | 21.84 | 22.56 | 61M |
Apple | AAPL | 108.25 | 115.00 | 106.30 | 113.66 | 58.1M |
Oracle Corp. | ORCL | 19.11 | 20.41 | 19.10 | 20.31 | 51M |
Wells Fargo & Co. | WFC | 35.36 | 38.00 | 34.80 | 37.53 | 46.9M |
AT&T Inc. | T | 28.35 | 29.02 | 27.92 | 27.92 | 45.9M |
ExxonMobil | XOM | 75.62 | 78.61 | 75.17 | 77.66 | 42M |
Comcast | CMCSA | 18.43 | 19.64 | 18.39 | 19.63 | 33.9M |
Wal-Mart Stores | WMT | 59.18 | 60.01 | 57.74 | 59.89 | 26.9M |
Abbott Laboratories | ABT | 58.85 | 58.95 | 57.04 | 57.58 | 26.1M |
ConocoPhillips | COP | 70.80 | 73.33 | 70.11 | 73.25 | 25.5M |
Verizon Communications | VZ | 31.43 | 32.15 | 30.89 | 32.09 | 24.3M |
Home Depot | HD | 25.66 | 25.95 | 24.71 | 25.89 | 23.2M |
Procter & Gamble | PG | 67.19 | 69.92 | 67.05 | 69.69 | 23.1M |
HP Inc. | HPQ | 45.23 | 46.49 | 44.98 | 46.24 | 22.3M |
Chevron | CVX | 78.85 | 82.69 | 78.60 | 82.48 | 20.1M |
Altria | MO | 19.85 | 20.23 | 19.70 | 19.84 | 20M |
Johnson & Johnson | JNJ | 67.50 | 69.48 | 67.41 | 69.28 | 19.6M |
International Business Machines | IBM | 115.83 | 116.96 | 111.81 | 116.96 | 19M |
Coca-Cola | KO | 51.81 | 52.90 | 51.01 | 52.88 | 17.6M |
Bristol-Myers Squibb | BMY | 20.06 | 20.91 | 19.92 | 20.85 | 17M |
Walt Disney & Co. | DIS | 30.34 | 30.85 | 29.48 | 30.69 | 16.6M |
Schlumberger | SLB | 75.34 | 80.00 | 75.19 | 78.09 | 16.5M |
Merck | MRK | 30.95 | 31.79 | 30.77 | 31.56 | 15M |
Amgen | AMGN | 57.25 | 59.49 | 57.04 | 59.27 | 14.4M |
Amazon | AMZN | 65.84 | 73.12 | 65.32 | 72.76 | 13M |
Gilead Sciences | GILD | 45.08 | 46.00 | 44.16 | 45.63 | 13M |
McDonald's | MCD | 61.29 | 61.73 | 59.88 | 61.70 | 13M |
Pepsico | PEP | 69.88 | 71.69 | 69.88 | 71.27 | 10.9M |
UnitedHealth Group | UNH | 23.68 | 26.00 | 23.67 | 25.39 | 10.6M |
Visa | V | 56.38 | 61.43 | 56.38 | 61.39 | 9.68M |
United Technologies | UTX | 57.33 | 60.36 | 56.97 | 60.06 | 9.07M |
3M | MMM | 67.28 | 68.60 | 67.12 | 68.31 | 7.09M |
Boeing | BA | 56.29 | 57.65 | 55.62 | 57.35 | 6.41M |
Alphabet | GOOGL | 395.98 | 425.08 | 392.32 | 400.52 | 6.17M |
Union Pacific | UNP | 70.94 | 72.57 | 69.90 | 71.16 | 5.31M |
Berkshire Hathaway | BRK.B | 4450.00 | 4450.00 | 4330.00 | 4395.00 | 35.4K |
Exchange Rates of September 30, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 105.980 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 1.063 CAD | 1 CAD = 0.941 USD |
US Dollar | Swiss Franc | 1 USD = 1.122 CHF | 1 CHF = 0.892 USD |
US Dollar | Chinese Yuan | 1 USD = 6.844 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 149.600 JPY | 1 JPY = 0.007 EUR |
Euro | Pound Sterling | 1 EUR = 0.791 GBP | 1 GBP = 1.264 EUR |
Euro | Australian Dollar | 1 EUR = 1.777 AUD | 1 AUD = 0.563 EUR |
Euro | Canadian Dollar | 1 EUR = 1.500 CAD | 1 CAD = 0.667 EUR |
Euro | Swiss Franc | 1 EUR = 1.582 CHF | 1 CHF = 0.632 EUR |
Euro | Chinese Yuan | 1 EUR = 9.666 CNY | 1 CNY = 0.103 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.529 GBP | 1 GBP = 1.891 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.188 AUD | 1 AUD = 0.841 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.002 CAD | 1 CAD = 0.998 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.057 CHF | 1 CHF = 0.946 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.245 AUD | 1 AUD = 0.445 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.896 CAD | 1 CAD = 0.528 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.999 CHF | 1 CHF = 0.500 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 12.194 CNY | 1 CNY = 0.082 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.844 CAD | 1 CAD = 1.184 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.889 CHF | 1 CHF = 1.125 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.441 CNY | 1 CNY = 0.184 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.053 CHF | 1 CHF = 0.949 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.442 CNY | 1 CNY = 0.155 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.111 CNY | 1 CNY = 0.164 CHF |
See what else happened on September 30, 2008