Financial news on April 02, 2012

Business and Financial news
2 Channels, and Anchor Who Set Liberal Tone

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..

By BRIAN STELTER - The New York Times

Apple’s Chief Puts Stamp on Labor Issues

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..

By NICK WINGFIELD - The New York Times

As Smartphones Become Health Aids, Ads May Follow

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..

By MILT FREUDENHEIM - The New York Times

Investors Are Looking to Buy Homes by the Thousands

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..

By MOTOKO RICH - The New York Times

Magazine Guidelines for Tablets

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..

By TANZINA VEGA - The New York Times

Rebellious Tinkerers Dress Up the iPhone’s Uniform

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..

By JENNA WORTHAM - The New York Times

Stars of Hollywood and Madison Avenue

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..

By STUART ELLIOTT - The New York Times

Talk Radio Face-Off Approaches

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..

By BRIAN STELTER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 20.03 20.11 19.90 20.02 44.2M
Microsoft MSFT 32.22 32.46 31.95 32.29 35.9M
Pfizer PFE 22.54 22.73 22.49 22.59 34.8M
Cisco Systems CSCO 21.14 21.30 21.05 21.19 30.7M
Intel INTC 28.04 28.45 27.99 28.38 28.9M
Oracle Corp. ORCL 29.12 29.68 29.00 29.53 28.5M
JPMorgan Chase JPM 45.75 46.35 45.46 46.13 27.7M
Wells Fargo & Co. WFC 33.83 34.59 33.80 34.51 24.6M
AT&T Inc. T 31.28 31.59 31.27 31.45 21.7M
Apple AAPL 601.83 618.77 600.38 618.63 21.4M
Abbott Laboratories ABT 61.14 61.30 61.04 61.24 17M
General Motors GM 26.03 26.91 25.98 26.76 14.5M
HP Inc. HPQ 23.88 23.99 23.69 23.88 13.9M
ExxonMobil XOM 86.60 87.67 86.31 87.07 13.9M
Verizon Communications VZ 38.29 38.61 38.21 38.52 13.3M
Comcast CMCSA 29.75 30.15 29.57 30.05 11.9M
Merck MRK 38.30 38.56 38.21 38.51 11.4M
Altria MO 30.74 31.27 30.74 31.16 9.77M
UnitedHealth Group UNH 58.94 59.27 58.11 59.12 9.11M
Schlumberger SLB 69.60 71.09 69.10 69.84 8.86M
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
Home Depot HD 50.10 50.25 49.76 49.99 8.44M
Bristol-Myers Squibb BMY 33.65 33.93 33.63 33.89 8.39M
ConocoPhillips COP 75.99 77.31 75.88 76.87 7.96M
Walt Disney & Co. DIS 43.59 44.00 43.32 43.84 7.65M
Coca-Cola KO 73.83 74.20 73.64 74.14 7.29M
Gilead Sciences GILD 48.71 48.81 47.83 48.78 7.01M
Wal-Mart Stores WMT 61.08 61.49 60.97 61.36 6.47M
Amazon AMZN 198.02 199.90 197.00 198.05 6.43M
Pepsico PEP 66.26 66.75 66.21 66.74 5.2M
Chevron CVX 106.85 108.79 106.60 108.30 5.19M
McDonald's MCD 97.82 98.81 97.68 98.36 4.6M
Alphabet GOOGL 640.77 647.50 634.84 646.92 4.56M
Amgen AMGN 67.57 68.20 67.12 68.11 4.51M
Boeing BA 74.00 75.48 73.61 75.17 4.1M
Berkshire Hathaway BRK.B 81.15 82.03 81.00 81.84 3.84M
International Business Machines IBM 208.96 209.69 208.09 209.47 3.39M
United Technologies UTX 82.50 83.57 81.91 82.73 3.34M
Union Pacific UNP 107.33 110.06 107.04 109.60 3.22M
Visa V 118.00 119.90 117.10 118.98 2.94M
3M MMM 88.86 89.36 88.06 89.23 786K
Exchange Rates of April 02, 2012
CurrenciesExchange Rates
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

See what else happened on April 02, 2012