Financial news on September 30th, 2010
Business and Financial news
European banks have increased their profits and capital reserves, but many are still fragile and having trouble raising the money they need to do business, the European Central Bank said Wednesday. Read more..
GNC, the privately-backed retail vitamin company, is planning to raise $350 million in an initial public offering. Read more..
Hedge fund manager Philip Falcone is not happy with the news media — especially some of the recent coverage of his $9 billion Harbinger Capital Partners, Reuters reports. Read more..
Appropriately enough, using the apps that remind you to take medications feels like ingesting medicine — an unpleasant chore, but good for you. Read more..
The firm’s damaged public image and executive caution have put its junior analysts on alert, reluctant to talk about their jobs to outsiders for fear of judgment. Read more..
Magazine Media Minute, an initiative to promote the value of magazines from the Association of Magazine Media. The videos will appear in a channel on YouTube. Read more..
Onex, the Canadian private equity firm, and Canada Pension Plan are expected to announce Thursday the closing of their acquisition of Tomkins, a U.K.-based manufacturer everything from auto transmissions to bathtubs. Read more..
Buyout deals are picking up steam, but the large public pension funds that provide private equity with more than half its capital are wary of some complex deals. Read more..
Elizabeth Warren, who is overseeing the creation of a federal agency charged with protecting consumers from abusive financial products, told Wall Street executives on Wednesday evening that her relationship with them need not be antagonistic, or even adversarial. Read more..
Aaron Nagler, who works in the Blackstone Group’s public affairs office, runs CheeseheadTV.com, the most popular fan-run Web site about the Green Bay Packers. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 19,34 | 19,60 | 19,11 | 19,20 | 75.4M |
Microsoft | MSFT | 24,61 | 24,83 | 24,36 | 24,49 | 61.3M |
Cisco Systems | CSCO | 22,05 | 22,28 | 21,67 | 21,90 | 56.8M |
JPMorgan Chase | JPM | 38,49 | 38,95 | 37,96 | 38,06 | 54.9M |
Oracle Corp. | ORCL | 27,28 | 27,41 | 26,81 | 26,85 | 42.9M |
Pfizer | PFE | 17,48 | 17,50 | 17,16 | 17,17 | 39.7M |
Wells Fargo & Co. | WFC | 25,24 | 25,63 | 25,02 | 25,12 | 37.4M |
AT&T Inc. | T | 28,78 | 29,06 | 28,57 | 28,60 | 28.3M |
HP Inc. | HPQ | 42,96 | 43,15 | 41,72 | 42,07 | 28.2M |
Comcast | CMCSA | 18,21 | 18,21 | 17,81 | 18,08 | 28M |
ExxonMobil | XOM | 61,95 | 62,44 | 61,47 | 61,79 | 25.5M |
Apple | AAPL | 289,00 | 290,00 | 281,25 | 283,75 | 24M |
General Electric | GE | 16,46 | 16,68 | 16,15 | 16,25 | 15.8M |
Verizon Communications | VZ | 32,75 | 33,09 | 32,52 | 32,59 | 15.7M |
Walt Disney & Co. | DIS | 33,19 | 33,50 | 32,83 | 33,10 | 14.5M |
Merck | MRK | 37,21 | 37,58 | 36,64 | 36,81 | 13.7M |
Abbott Laboratories | ABT | 52,43 | 52,86 | 52,10 | 52,24 | 13.4M |
Altria | MO | 24,10 | 24,39 | 23,88 | 24,02 | 13.2M |
Procter & Gamble | PG | 60,32 | 60,65 | 59,84 | 59,97 | 13.1M |
Johnson & Johnson | JNJ | 62,49 | 62,70 | 61,55 | 61,96 | 12.8M |
ConocoPhillips | COP | 57,89 | 57,99 | 56,88 | 57,43 | 12.8M |
Home Depot | HD | 31,88 | 32,23 | 31,62 | 31,68 | 11.4M |
Bristol-Myers Squibb | BMY | 27,44 | 27,53 | 27,03 | 27,11 | 11.2M |
Wal-Mart Stores | WMT | 53,53 | 53,99 | 53,14 | 53,52 | 10.9M |
Schlumberger | SLB | 62,21 | 62,96 | 61,29 | 61,61 | 10.2M |
Chevron | CVX | 81,69 | 82,19 | 80,33 | 81,05 | 10.1M |
Gilead Sciences | GILD | 35,84 | 36,31 | 35,50 | 35,61 | 9.98M |
Boeing | BA | 67,09 | 67,97 | 66,05 | 66,54 | 8.21M |
Coca-Cola | KO | 58,86 | 59,16 | 58,25 | 58,52 | 7.92M |
UnitedHealth Group | UNH | 35,49 | 35,56 | 35,08 | 35,11 | 7.85M |
Amazon | AMZN | 160,01 | 160,93 | 155,60 | 157,06 | 7.61M |
McDonald's | MCD | 74,52 | 74,97 | 73,87 | 74,51 | 7.24M |
Pepsico | PEP | 66,95 | 67,31 | 66,25 | 66,44 | 7M |
Alphabet | GOOGL | 529,16 | 531,87 | 518,92 | 525,79 | 6.48M |
International Business Machines | IBM | 135,50 | 136,11 | 133,67 | 134,14 | 6.43M |
Amgen | AMGN | 55,02 | 55,57 | 54,65 | 55,11 | 6.27M |
Visa | V | 74,74 | 74,97 | 73,81 | 74,26 | 5.79M |
United Technologies | UTX | 71,82 | 72,94 | 71,00 | 71,23 | 5.02M |
Berkshire Hathaway | BRK.B | 82,83 | 83,77 | 82,51 | 82,68 | 4.91M |
3M | MMM | 87,78 | 88,00 | 86,21 | 86,71 | 3.63M |
Union Pacific | UNP | 82,69 | 82,96 | 81,11 | 81,80 | 2.72M |
Exchange Rates of September 30th, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 83,500 JPY | 1 JPY = 0,012 USD |
US Dollar | Canadian Dollar | 1 USD = 1,030 CAD | 1 CAD = 0,971 USD |
US Dollar | Swiss Franc | 1 USD = 0,983 CHF | 1 CHF = 1,017 USD |
US Dollar | Chinese Yuan | 1 USD = 6,692 CNY | 1 CNY = 0,149 USD |
Euro | Japanese Yen | 1 EUR = 113,790 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,867 GBP | 1 GBP = 1,153 EUR |
Euro | Australian Dollar | 1 EUR = 1,411 AUD | 1 AUD = 0,709 EUR |
Euro | Canadian Dollar | 1 EUR = 1,404 CAD | 1 CAD = 0,713 EUR |
Euro | Swiss Franc | 1 EUR = 1,340 CHF | 1 CHF = 0,746 EUR |
Euro | Chinese Yuan | 1 EUR = 9,120 CNY | 1 CNY = 0,110 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,762 GBP | 1 GBP = 1,312 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,240 AUD | 1 AUD = 0,807 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,233 CAD | 1 CAD = 0,811 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,178 CHF | 1 CHF = 0,849 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,627 AUD | 1 AUD = 0,615 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,618 CAD | 1 CAD = 0,618 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,545 CHF | 1 CHF = 0,647 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10,503 CNY | 1 CNY = 0,095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,994 CAD | 1 CAD = 1,006 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,949 CHF | 1 CHF = 1,053 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6,464 CNY | 1 CNY = 0,155 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,955 CHF | 1 CHF = 1,047 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,500 CNY | 1 CNY = 0,154 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,805 CNY | 1 CNY = 0,147 CHF |
See what else happened on September 30th, 2010