Financial news on September 30, 2008

Business and Financial news
An Advertising Deal With Wachovia, but Suddenly Nothing to Market

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..

By STUART ELLIOTT - The New York Times

Authorities Aid Banks in Europe

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..

By CARTER DOUGHERTY - The New York Times

For Stocks, Worst Single-Day Drop in Two Decades

Over a trillion dollars vanished from Wall Street on Monday, the blackest day since the 1987 stock market crash. Read more..

By VIKAS BAJAJ and MICHAEL M. GRYNBAUM - The New York Times

‘Is My Money Safe?’ and Other Questions to Ask

Addressing the issues on the minds of investors on Main Street who are distressed by the fallout on Wall Street. Read more..

By RON LIEBER and TARA SIEGEL BERNARD - The New York Times

Navigating Troubled Times: Answers for Readers

Hundreds of readers responded to an invitation to submit questions about the effects on their personal finances. Read more..

By TARA SIEGEL BERNARD - The New York Times

Netherlands: Akzo Delays Buyback

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..

By BLOOMBERG NEWS - The New York Times

Treasury and Fed Looking at Options

Without the bailout plan they lobbied for, the Treasury and the Federal Reserve will have to dig deep into their toolkits. Read more..

By EDMUND L. ANDREWS and MARK LANDLER - The New York Times

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
CurrenciesExchange 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