Financial news on July 31, 2009

Business and Financial news
Billions in Lehman Claims Could Bury an Elusive Insurer

Capco could face nearly $11 billion in claims but has only about $150 million with which to meet them, according to industry estimates. Read more..

By ZACHERY KOUWE - The New York Times

‘Cash for Clunkers’ Car-Rebate Plan Sells Out in Days

The program, which offered cash to people who traded in old cars for ones with higher fuel economy, was said to have exhausted its available funds, leaving its future in question. Read more..

By MATTHEW L. WALD - The New York Times

In India, New Crusade on Corruption

The Central Bureau of Investigation chief has raised the visibility of the war on corporate crime and enlisted public support for efforts against government corruption. Read more..

By HEATHER TIMMONS - The New York Times

Judge Clears Delphi for Bankruptcy Exit

The new proposal would involve Delphi’s debtor-in- possession lenders, whose loans totaling $3.4 billion have kept the company operating in bankruptcy, taking over most of the supplier’s assets. Read more..

By MICHAEL J. de la MERCED - The New York Times

Microsoft Chief Defends Deal With Yahoo

Microsoft’s chief executive Steven A. Ballmer says investors failed to understand the long-term ramifications of the partnership that will unite the companies against Google. Read more..

By ASHLEE VANCE - The New York Times

Motorola Posts a Profit, Aided by Cost-Cutting

The company’s improved performance was largely the result of strict cost controls rather than increased sales. Read more..

By SAUL HANSELL - The New York Times

Profit Dropped 66% at Exxon Mobil

Exxon’s report caps a week of lower earnings in the energy industry after the tumble of oil prices since last year. Read more..

By JAD MOUAWAD - The New York Times

Sony Posts $388 Million Quarterly Loss

The company’s video game and computer revenue dropped 37.4 percent as sales of its PlayStation Portable game console fell sharply. Read more..

By HIROKO TABUCHI - The New York Times

Walt Disney Says Profit Fell 26% in Quarter

The company said movies that underperformed and a drop in advertising hurt its bottom line. Read more..

By BROOKS BARNES - The New York Times

When Auto Plants Close, Only White Elephants Remain

Communities are haunted by the huge empty buildings — which find few takers — that have been left behind by the automakers. Read more..

By BILL VLASIC and NICK BUNKLEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 13,27 13,45 13,15 13,40 109M
Wells Fargo & Co. WFC 24,90 24,93 24,44 24,46 54.9M
Microsoft MSFT 23,77 24,07 23,50 23,52 54.3M
Intel INTC 19,34 19,56 19,25 19,25 47.6M
Pfizer PFE 16,11 16,18 15,90 15,93 43M
Cisco Systems CSCO 21,94 22,18 21,85 22,01 41.7M
JPMorgan Chase JPM 38,38 38,65 37,93 38,65 39.1M
ExxonMobil XOM 70,36 70,50 69,43 70,39 28.1M
Verizon Communications VZ 32,24 32,34 31,84 32,07 27.6M
AT&T Inc. T 26,34 26,40 25,87 26,23 27.4M
Walt Disney & Co. DIS 25,39 25,64 25,04 25,12 25.1M
Oracle Corp. ORCL 22,16 22,42 22,07 22,13 24.4M
HP Inc. HPQ 42,55 43,55 42,43 43,30 21.1M
Abbott Laboratories ABT 45,74 46,01 44,92 44,99 20.1M
ConocoPhillips COP 43,00 43,84 42,59 43,71 18M
Comcast CMCSA 14,99 15,09 14,73 14,86 17.1M
Bristol-Myers Squibb BMY 21,58 21,84 21,27 21,74 17M
Chevron CVX 67,15 69,69 67,01 69,47 16.3M
Merck MRK 30,20 30,58 29,91 30,01 15.5M
Apple AAPL 162,99 165,00 162,91 163,39 15.1M
Wal-Mart Stores WMT 50,05 50,43 49,77 49,88 14.7M
McDonald's MCD 55,59 55,79 54,92 55,06 13.5M
Johnson & Johnson JNJ 61,83 62,17 60,78 60,89 13.2M
Altria MO 17,71 17,94 17,43 17,53 13M
Procter & Gamble PG 56,20 56,75 55,43 55,51 12.7M
Home Depot HD 25,84 26,19 25,80 25,94 11.7M
Schlumberger SLB 52,85 54,00 52,51 53,50 9.53M
Coca-Cola KO 49,64 50,20 49,50 49,84 8.41M
UnitedHealth Group UNH 28,08 28,36 27,74 28,06 8.32M
Visa V 66,94 67,17 65,35 65,46 8.26M
Amgen AMGN 63,04 63,61 62,00 62,31 6.36M
Boeing BA 43,32 43,49 42,80 42,91 6.03M
Pepsico PEP 56,65 57,30 56,48 56,75 6M
Amazon AMZN 85,76 86,75 84,62 85,76 5.89M
United Technologies UTX 54,26 54,83 54,01 54,47 5.77M
Alphabet GOOGL 449,98 452,70 442,43 443,05 5.72M
International Business Machines IBM 117,56 118,99 117,56 117,93 5.33M
Gilead Sciences GILD 49,90 49,90 48,88 48,93 4.82M
3M MMM 70,19 71,39 70,19 70,52 4.48M
Union Pacific UNP 57,15 58,01 56,11 57,52 3.41M
Berkshire Hathaway BRK.B 3189,00 3190,00 3166,50 3180,50 40.4K
Exchange Rates of July 31, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 94,640 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,078 CAD 1 CAD = 0,928 USD
US Dollar Swiss Franc 1 USD = 1,069 CHF 1 CHF = 0,936 USD
US Dollar Chinese Yuan 1 USD = 6,833 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 134,860 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,853 GBP 1 GBP = 1,173 EUR
Euro Australian Dollar 1 EUR = 1,704 AUD 1 AUD = 0,587 EUR
Euro Canadian Dollar 1 EUR = 1,536 CAD 1 CAD = 0,651 EUR
Euro Swiss Franc 1 EUR = 1,523 CHF 1 CHF = 0,657 EUR
Japanese Yen Pound Sterling 1 JPY = 0,632 GBP 1 GBP = 1,583 JPY
Japanese Yen Australian Dollar 1 JPY = 1,263 AUD 1 AUD = 0,792 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,138 CAD 1 CAD = 0,879 JPY
Japanese Yen Swiss Franc 1 JPY = 1,128 CHF 1 CHF = 0,886 JPY
Pound Sterling Australian Dollar 1 GBP = 1,998 AUD 1 AUD = 0,501 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,802 CAD 1 CAD = 0,555 GBP
Pound Sterling Swiss Franc 1 GBP = 1,786 CHF 1 CHF = 0,560 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,901 CAD 1 CAD = 1,110 AUD
Australian Dollar Swiss Franc 1 AUD = 0,893 CHF 1 CHF = 1,119 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,713 CNY 1 CNY = 0,175 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,991 CHF 1 CHF = 1,009 CAD

See what else happened on July 31, 2009