Financial news on May 01, 2009

Business and Financial news
A Primer on a Chrysler Bankruptcy

What the filing is likely to mean for the company’s workers, dealers and customers. Read more..

By MICHELINE MAYNARD - The New York Times

Chrysler: A Short History

Chrysler, founded in 1925, has had a tumultuous history as the third-largest of Detroit’s auto companies. Read more..

By MICHELINE MAYNARD - The New York Times

Chrysler Partners Have Many Goals

Chrysler’s biggest challenge may be persuading its three principal new owners to innovate in ways the carmaker has resisted for three decades. Read more..

By DAVID E. SANGER - The New York Times

Consumer Spending Slipped in March

The consumer spending and income growth data indicate that the economy is still struggling to emerge from the recession. Read more..

By JACK HEALY - The New York Times

Goodbye to Naked Shorting

Investors have sent letters to the government complaining that naked short-selling has hurt share prices. Read more..

By FLOYD NORRIS - The New York Times

Hasbro and Discovery Plan Channel Based on Toy Brands

Discovery Kids Channel will be replaced in 2010 by a channel with programs based on G.I. Joe, My Little Pony and other Hasbro brands. Read more..

By BRIAN STELTER - The New York Times

Senate Refuses to Let Judges Fix Mortgages in Bankruptcy

The Senate handed a victory to the banking industry by defeating a Democratic proposal that would have given homeowners in financial trouble greater flexibility to renegotiate the terms of their mortgages. Read more..

By STEPHEN LABATON - The New York Times

The Lenders Obama Decided to Blame

Chrysler lenders who wanted a better offer, who President Obama called “speculators,” will now take whatever this bankruptcy brings. Read more..

By ZACHERY KOUWE - The New York Times

To Aid Mexico, Google Expands Flu Tracking

The Flu Trends service watches for searches that include symptoms of the flu, which could help public health officials identify outbreaks. Read more..

By MIGUEL HELFT - The New York Times

What Would You Ask Warren Buffett?

Andrew Ross Sorkin takes to the streets of New York City, to see what people would ask Warren Buffett if given the chance. Read more..

Michele Monteleone - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 19,98 20,38 19,35 19,61 96.7M
General Electric GE 12,74 12,85 12,50 12,69 80M
JPMorgan Chase JPM 32,85 33,77 32,06 32,49 68.3M
Microsoft MSFT 20,19 20,35 19,86 20,24 63.2M
Pfizer PFE 13,39 13,58 13,25 13,58 56.4M
Intel INTC 15,76 15,85 15,48 15,81 50.9M
Cisco Systems CSCO 19,24 19,78 19,06 19,58 40.3M
ExxonMobil XOM 67,13 68,06 66,08 68,01 27.4M
Comcast CMCSA 16,08 16,49 15,74 16,36 26M
AT&T Inc. T 25,88 26,01 25,46 26,01 22.1M
Oracle Corp. ORCL 19,35 19,44 19,12 19,34 20.4M
ConocoPhillips COP 41,15 42,56 41,02 42,50 18.8M
Abbott Laboratories ABT 41,94 42,04 41,27 41,52 18.5M
Wal-Mart Stores WMT 50,50 50,52 49,23 50,05 15.8M
Walt Disney & Co. DIS 21,76 21,98 21,12 21,94 15.7M
Visa V 64,15 66,30 62,64 65,01 15.2M
Merck MRK 24,23 24,38 23,81 24,30 15.1M
Home Depot HD 26,58 26,58 25,51 25,77 15M
Apple AAPL 125,80 127,95 125,80 127,24 14.2M
HP Inc. HPQ 35,95 36,58 35,53 36,52 13.1M
Verizon Communications VZ 30,36 30,66 30,10 30,55 13M
Johnson & Johnson JNJ 52,53 52,59 51,67 52,59 12.5M
Chevron CVX 66,06 67,07 65,37 66,87 12M
Procter & Gamble PG 49,60 49,75 48,55 49,50 11.9M
Altria MO 16,40 16,40 16,12 16,37 11.7M
McDonald's MCD 53,21 53,21 51,76 52,40 11.2M
Coca-Cola KO 43,14 43,21 42,18 42,47 10.6M
UnitedHealth Group UNH 23,56 23,58 22,74 22,97 10.4M
Schlumberger SLB 49,22 51,14 48,64 50,67 10.1M
Bristol-Myers Squibb BMY 19,46 19,46 19,05 19,29 8.97M
Pepsico PEP 49,76 49,89 48,83 49,79 7.62M
International Business Machines IBM 103,78 104,86 102,94 104,61 6.23M
Amazon AMZN 80,38 80,38 77,85 78,96 6.12M
Amgen AMGN 48,48 49,10 48,07 48,61 6.09M
Gilead Sciences GILD 45,95 45,95 44,47 44,81 5.82M
Union Pacific UNP 49,10 51,29 48,12 49,98 5.79M
Boeing BA 40,31 41,37 40,09 41,21 5.51M
Alphabet GOOGL 395,03 397,59 391,55 393,69 4.85M
United Technologies UTX 49,27 49,79 48,66 49,52 4.5M
3M MMM 57,56 57,97 56,98 57,88 4.08M
Berkshire Hathaway BRK.B 3055,00 3081,00 3015,00 3044,00 26.1K
Exchange Rates of May 01, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99,080 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,185 CAD 1 CAD = 0,844 USD
US Dollar Swiss Franc 1 USD = 1,136 CHF 1 CHF = 0,881 USD
US Dollar Chinese Yuan 1 USD = 6,818 CNY 1 CNY = 0,147 USD
Euro Japanese Yen 1 EUR = 131,490 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,890 GBP 1 GBP = 1,124 EUR
Euro Australian Dollar 1 EUR = 1,815 AUD 1 AUD = 0,551 EUR
Euro Canadian Dollar 1 EUR = 1,572 CAD 1 CAD = 0,636 EUR
Euro Swiss Franc 1 EUR = 1,507 CHF 1 CHF = 0,663 EUR
Euro Chinese Yuan 1 EUR = 9,056 CNY 1 CNY = 0,110 EUR
Japanese Yen Pound Sterling 1 JPY = 0,676 GBP 1 GBP = 1,480 JPY
Japanese Yen Australian Dollar 1 JPY = 1,381 AUD 1 AUD = 0,724 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,196 CAD 1 CAD = 0,836 JPY
Japanese Yen Swiss Franc 1 JPY = 1,146 CHF 1 CHF = 0,873 JPY
Pound Sterling Australian Dollar 1 GBP = 2,037 AUD 1 AUD = 0,491 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,767 CAD 1 CAD = 0,566 GBP
Pound Sterling Swiss Franc 1 GBP = 1,694 CHF 1 CHF = 0,590 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,865 CAD 1 CAD = 1,156 AUD
Australian Dollar Swiss Franc 1 AUD = 0,829 CHF 1 CHF = 1,206 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,989 CNY 1 CNY = 0,200 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,957 CHF 1 CHF = 1,045 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,754 CNY 1 CNY = 0,174 CAD

See what else happened on May 01, 2009