Financial news on April 2nd, 2012
Business and Financial news
News analysis; Keith Olbermann established himself as Current TV's star anchor, as he did at MSNBC, opening the door to a more overt liberal political ideology in its news programs; Current, which may face a lawsuit from Olbermann after his March 30 firing, faces a long slog with low ratings, while MSNBC has become better known for having progressive-oriented shows. Read more..
Since Timothy D. Cook became chief executive last summer, Apple has taken a number of significant steps to address concerns about how its products are made. Read more..
Young adults are much more likely than older people to have a smartphone and to use it to look for health information, a trend being noticed by advertisers; led by auto companies and packaged goods makers, they spent $3 billion online in 2011, including $818 million for mobile ads, more than for print or radio. Read more..
With house prices still down, some large investors are creating huge portfolios by buying thousands of homes at deep discounts and then renting them out. Read more..
Association of Magazine Media is set to announce a set of voluntary guidelines covering how magazines measure their tablet editions, vocabulary used in those definitions and time frames for when reader data will be released. Read more..
Apple’s latest iPhones are available only in black or white, but some owners are replacing the front and back panels with colorful and unauthorized alternatives; Apple does not condone modifications and may refuse to service or repair a phone if it has been tampered with but those who do so say the trouble is worth it. Read more..
Stuart Elliott Advertising column presents highlights, lowlights and sidelights of the annual Transformation conference of the Four A's (formerly the American Association of Advertising Agencies). Read more..
Cumulus Media is giving radio stations new alternatives to Clear Channel, like a show from former Arkansas governor Mike Huckabee, making for a turbulent time in the radio business; Clear Channel, radio giant that distributes Rush Limbaugh's show at the same time of day, says it is paying close attention to Cumulus, as are the radio hosts who reach millions of listeners a day and the executives who sell shows. Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||33.83||34.59||33.80||34.51||24.6M|
|Johnson & Johnson||JNJ||66.04||66.30||65.82||66.21||8.79M|
|Procter & Gamble||PG||67.43||67.92||67.40||67.56||8.6M|
|Walt Disney & Co.||DIS||43.59||44.00||43.32||43.84||7.65M|
|International Business Machines||IBM||208.96||209.69||208.09||209.47||3.39M|
Exchange Rates of April 2nd, 2012
|US Dollar||Japanese Yen||1 USD = 82.080 JPY||1 JPY = 0.012 USD|
|US Dollar||Canadian Dollar||1 USD = 0.991 CAD||1 CAD = 1.010 USD|
|US Dollar||Swiss Franc||1 USD = 0.904 CHF||1 CHF = 1.106 USD|
|US Dollar||Chinese Yuan||1 USD = 6.298 CNY||1 CNY = 0.159 USD|
|Euro||Japanese Yen||1 EUR = 109.310 JPY||1 JPY = 0.009 EUR|
|Euro||Pound Sterling||1 EUR = 0.831 GBP||1 GBP = 1.203 EUR|
|Euro||Australian Dollar||1 EUR = 1.279 AUD||1 AUD = 0.782 EUR|
|Euro||Canadian Dollar||1 EUR = 1.319 CAD||1 CAD = 0.758 EUR|
|Euro||Swiss Franc||1 EUR = 1.204 CHF||1 CHF = 0.831 EUR|
|Euro||Chinese Yuan||1 EUR = 8.377 CNY||1 CNY = 0.119 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.760 GBP||1 GBP = 1.316 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.169 AUD||1 AUD = 0.855 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.206 CAD||1 CAD = 0.829 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.101 CHF||1 CHF = 0.908 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1.539 AUD||1 AUD = 0.650 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.587 CAD||1 CAD = 0.630 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.448 CHF||1 CHF = 0.691 GBP|
|Pound Sterling||Chinese Yuan||1 GBP = 10.077 CNY||1 CNY = 0.099 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 1.031 CAD||1 CAD = 0.970 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.941 CHF||1 CHF = 1.063 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 6.558 CNY||1 CNY = 0.152 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.912 CHF||1 CHF = 1.096 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 6.356 CNY||1 CNY = 0.157 CAD|
|Swiss Franc||Chinese Yuan||1 CHF = 6.958 CNY||1 CNY = 0.144 CHF|