Financial news on April 01, 2009

Business and Financial news
Cheaper Rents in Manhattan’s Less Glossy Office Buildings

In Manhattan, rents in Midtown’s less well-heeled office buildings have fallen more than 23 percent in the past year, to $48.74 a square foot a year. Read more..

By J. ALEX TARQUINIO - The New York Times

F.D.A. Panel Supports Avastin to Treat Brain Tumor

Preliminary studies of a blockbuster drug from Roche’s Genentech unit are strong enough to speed its approval for brain cancer, federal cancer experts said. Read more..

By ANDREW POLLACK - The New York Times

Four Small Banks Are the First to Pay Back TARP Funds

The new restrictions on executive compensation and dividend payouts has made aid from the Troubled Asset Relief Fund less palatable to bank managers. Read more..

By ERIC DASH - The New York Times

Japan Tries to Increase Exports

Facing shrinking markets at home, Japanese companies must expand foreign sales or face longer-term decline. Read more..

By HIROKO TABUCHI - The New York Times

Philip Morris’s Support Casts Shadow Over a Bill to Limit Tobacco

The legislation, which authorizes the F.D.A. to approve or reject tobacco products and ingredients, is expected to be approved by the House, but could meet resistance in the Senate. Read more..

By DUFF WILSON - The New York Times

Planning a Retirement Without Dividends

Dividend-paying stocks or funds have long been a favored investment strategy for retirees, but other approaches may be less risky. Read more..

By TARA SIEGEL BERNARD - The New York Times

Reminders From Out of the Blue

An improved personal reminder system collects your every utterance and idea and holds them for posterity. Read more..

By DAVID POGUE - The New York Times

The Greening of Pittsburgh

In a slow but steady revival, a former steel-making city gives its historical buildings new life as models of energy efficiency. Read more..

By CHRISTINE H. O'TOOLE - The New York Times

U.S. Hopes to Ease G.M. to Bankruptcy

The government is seeking to avoid court chaos by persuading at least some creditors to agree to a plan that would cleave General Motors into two pieces. Read more..

By MICHAEL J. de la MERCED and JONATHAN D. GLATER - The New York Times

With Humor, Glacéau Vitaminwater Introduces New Low-Calorie Beverage

The battle for the minds, and throats, of consumers who drink lower-calorie beverages has intensified with a new low-calorie line from Glacéau Vitaminwater. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 13,72 14,94 13,65 14,48 157M
General Electric GE 9,91 10,26 9,80 10,17 114M
JPMorgan Chase JPM 25,29 28,28 25,29 28,14 106M
Microsoft MSFT 18,23 19,36 18,18 19,31 96.4M
Intel INTC 14,77 15,32 14,62 15,03 75.1M
Cisco Systems CSCO 16,51 17,54 16,30 17,46 73.4M
Pfizer PFE 13,59 14,04 13,43 13,99 64.3M
ExxonMobil XOM 67,04 69,48 66,50 69,23 39.4M
Oracle Corp. ORCL 17,86 18,68 17,73 18,58 37.1M
AT&T Inc. T 24,77 26,09 24,77 25,92 28.6M
Verizon Communications VZ 29,86 31,41 29,83 31,22 27.4M
Abbott Laboratories ABT 47,12 47,13 46,00 46,70 25.4M
Bristol-Myers Squibb BMY 21,48 22,05 21,11 21,97 25.4M
Comcast CMCSA 13,43 13,98 13,27 13,92 25.3M
Wal-Mart Stores WMT 51,38 53,05 51,22 52,82 22.7M
Home Depot HD 23,15 23,89 22,92 23,83 21.4M
Apple AAPL 104,09 109,00 103,89 108,69 21M
HP Inc. HPQ 31,36 33,05 30,98 32,88 20.9M
ConocoPhillips COP 38,45 40,18 38,15 39,80 20.3M
Merck MRK 26,49 27,23 25,75 26,99 18M
Schlumberger SLB 39,82 41,28 39,11 41,10 17.6M
Procter & Gamble PG 46,75 48,48 46,29 48,21 17.1M
Altria MO 15,84 16,40 15,76 16,30 16.6M
Chevron CVX 66,00 68,70 65,83 68,30 14.3M
Johnson & Johnson JNJ 52,30 53,20 51,88 53,04 13.7M
Gilead Sciences GILD 45,10 45,50 44,32 45,18 13.4M
Walt Disney & Co. DIS 17,92 18,82 17,84 18,79 12.9M
UnitedHealth Group UNH 20,61 21,10 19,85 20,68 12.8M
International Business Machines IBM 96,13 98,00 95,70 97,61 12.2M
Visa V 54,75 56,00 53,63 54,29 11M
Amgen AMGN 48,78 48,93 47,10 48,33 10.9M
Coca-Cola KO 43,76 44,99 43,50 44,86 10.6M
Boeing BA 34,52 35,60 34,21 35,44 9.29M
McDonald's MCD 54,30 55,33 53,87 55,24 8.28M
United Technologies UTX 42,45 44,18 42,06 43,88 7.21M
Amazon AMZN 73,02 75,09 71,71 73,50 7.04M
Pepsico PEP 51,01 52,43 51,00 52,22 7.01M
Alphabet GOOGL 343,78 355,24 340,61 354,09 6.6M
Union Pacific UNP 40,68 41,99 39,82 41,60 6.08M
3M MMM 48,95 50,87 48,72 50,65 5.77M
Berkshire Hathaway BRK.B 2765,00 2843,00 2755,00 2819,00 46.9K
Exchange Rates of April 01, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 98,630 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,259 CAD 1 CAD = 0,794 USD
US Dollar Swiss Franc 1 USD = 1,146 CHF 1 CHF = 0,873 USD
US Dollar Chinese Yuan 1 USD = 6,835 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 130,530 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,916 GBP 1 GBP = 1,092 EUR
Euro Australian Dollar 1 EUR = 1,895 AUD 1 AUD = 0,528 EUR
Euro Canadian Dollar 1 EUR = 1,667 CAD 1 CAD = 0,600 EUR
Euro Swiss Franc 1 EUR = 1,517 CHF 1 CHF = 0,659 EUR
Euro Chinese Yuan 1 EUR = 9,041 CNY 1 CNY = 0,111 EUR
Japanese Yen Pound Sterling 1 JPY = 0,701 GBP 1 GBP = 1,427 JPY
Japanese Yen Australian Dollar 1 JPY = 1,451 AUD 1 AUD = 0,689 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,276 CAD 1 CAD = 0,784 JPY
Japanese Yen Swiss Franc 1 JPY = 1,162 CHF 1 CHF = 0,861 JPY
Pound Sterling Australian Dollar 1 GBP = 2,070 AUD 1 AUD = 0,483 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,821 CAD 1 CAD = 0,549 GBP
Pound Sterling Swiss Franc 1 GBP = 1,656 CHF 1 CHF = 0,604 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,870 CNY 1 CNY = 0,101 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,879 CAD 1 CAD = 1,138 AUD
Australian Dollar Swiss Franc 1 AUD = 0,800 CHF 1 CHF = 1,251 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,769 CNY 1 CNY = 0,210 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,909 CHF 1 CHF = 1,100 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,429 CNY 1 CNY = 0,184 CAD
Swiss Franc Chinese Yuan 1 CHF = 5,960 CNY 1 CNY = 0,168 CHF

See what else happened on April 01, 2009