Financial news on May 02, 2013

Business and Financial news
A Camera Takes On the Phones

David Pogue State of the Art column notes Canon N camera is response to proliferation of cell phone cameras; says it offers features that a smartphone cannot match while it imitates connectivity and workings that are not often found in traditional point-and-shoots. Read more..

By DAVID POGUE - The New York Times

A Score or More of Languages in Your Pocket

Toolkit column notes translation apps are much improved from earlier versions, as more people use them and apps become more accurate; offerings include Google Translate, Jibbigo, Vocre and ITranslate. Read more..

By KATE MURPHY - The New York Times

China Data Confirm Slowdown in Factories

Official index shows growth in mainland Chinese manufacturing sector unexpectedly slowed in April as new export orders fell; data raises fresh doubts on strength of economy after disappointing first quarter; purchasing managers' index fell to 50.6 in April from an 11-month high in March of 50.9. Read more..

By REUTERS - The New York Times

Europe Hopes Interest Rate Cuts Help

The Times’s Nelson D. Schwartz on whether lowering interest rates can have sustained effects on slumping markets. Read more..

Ben Werschkul, Channon Hodge, Pedro Rafael Rosado, Alyssa Kim and David Gillen - The New York Times

G.M. and Mountain Dew Drop Ads After Criticism

General Motors and Mountain Dew both withdraw advertisements after receiving criticism that ads were racially offensive; General Motors ad included a song with lyrics that crudely referred to the Chinese and Mountain Dew’s ad involved a battered woman and a lineup with African-American men. Read more..

By TANZINA VEGA - The New York Times

Higher Cable Bills Help Comcast Increase Profit by 17%

Comcast reports a 17.4 percent increase in net income, to $1.44 billion, in the three months that ended March 31; solid earnings are partly the result of higher cable bills for 72 percent of Comcast's subscribers; company reports $3.07 billion in operating income and $15.3 billion in revenue, increases of 11.2 percent and 2.9 percent from the same quarter a year earlier. Read more..

By AMY CHOZICK - The New York Times

Low-Cost Indonesian Airlines Keep Growing, Despite Troubling Record

The recent crash of a Lion Air flight off Bali last month came as the carrier ordered 234 planes for $24 billion, its second major expansion deal in three years. Read more..

By JOE COCHRANE - International Herald Tribune

Obama Nominates Congressman to Lead Mortgage Agency

President Obama named Representative Melvin L. Watt, Democrat of North Carolina, as the overseer of Fannie Mae and Freddie Mac. Read more..

By ANNIE LOWREY - The New York Times

Web Content Creators Focus on Spanish Speakers

Stuart Elliott Advertising column on creators of online video content, like CBS Interactive and Univision Communications, that are following lead of television industry, seeking money from Madison Avenue in their effort to reach Spanish-speaking consumers. 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
Facebook FB 28,01 29,02 27,98 28,97 104M
Cisco Systems CSCO 20,47 20,75 20,44 20,73 54.9M
Microsoft MSFT 32,63 33,17 32,39 33,16 46.1M
Intel INTC 23,73 24,15 23,67 24,11 33.5M
Pfizer PFE 29,03 29,33 28,99 29,27 31.9M
General Electric GE 22,25 22,32 22,15 22,32 27.7M
Oracle Corp. ORCL 33,11 33,78 32,98 33,69 23M
General Motors GM 31,31 31,82 31,05 31,16 19.1M
Coca-Cola KO 41,66 42,16 41,49 41,96 18.7M
Gilead Sciences GILD 52,75 53,21 51,95 52,18 16.6M
AT&T Inc. T 37,62 37,84 37,41 37,56 16.4M
JPMorgan Chase JPM 48,25 48,25 47,71 48,08 15.5M
Apple AAPL 441,78 448,59 440,63 445,52 15.1M
Merck MRK 45,90 46,01 45,49 45,73 14.2M
Wells Fargo & Co. WFC 37,51 37,65 37,38 37,41 13.2M
Verizon Communications VZ 52,49 52,82 52,14 52,53 12.9M
ExxonMobil XOM 87,98 88,84 87,74 88,63 11.3M
HP Inc. HPQ 20,43 20,62 20,30 20,45 9.39M
Johnson & Johnson JNJ 84,44 85,21 84,17 85,16 8.67M
ConocoPhillips COP 60,10 61,23 59,95 60,96 8.34M
Bristol-Myers Squibb BMY 39,84 40,03 39,67 40,01 8.24M
Comcast CMCSA 41,71 42,20 41,65 42,11 7.77M
Visa V 170,00 179,66 170,00 175,40 7.67M
Procter & Gamble PG 77,39 78,28 77,14 77,76 7.29M
Altria MO 36,36 36,83 36,32 36,65 6.63M
UnitedHealth Group UNH 59,71 60,38 59,39 59,48 6.07M
Walt Disney & Co. DIS 63,40 63,93 63,11 63,88 5.25M
Chevron CVX 121,00 122,33 120,63 122,04 5.07M
Schlumberger SLB 73,82 74,58 73,46 74,25 4.64M
Wal-Mart Stores WMT 77,91 78,49 77,80 78,46 4.52M
Boeing BA 91,24 92,82 91,20 92,21 4.51M
Abbott Laboratories ABT 36,95 37,15 36,83 37,06 4.2M
Alphabet GOOGL 820,10 834,55 819,05 829,61 4.03M
International Business Machines IBM 200,12 202,43 199,75 202,39 3.95M
Amazon AMZN 248,94 252,93 245,78 252,55 3.94M
McDonald's MCD 101,46 102,34 101,12 102,06 3.82M
Home Depot HD 72,77 73,48 72,53 73,33 3.72M
3M MMM 105,04 106,38 104,91 106,04 3.12M
Amgen AMGN 105,15 106,92 104,40 105,59 2.92M
Pepsico PEP 82,14 82,93 82,08 82,56 2.73M
United Technologies UTX 91,29 92,19 91,29 91,75 2.72M
Berkshire Hathaway BRK.B 106,49 107,33 106,24 107,30 2.57M
Union Pacific UNP 145,89 147,85 145,86 147,17 1.51M
Exchange Rates of May 02, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97,920 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,011 CAD 1 CAD = 0,990 USD
US Dollar Swiss Franc 1 USD = 0,935 CHF 1 CHF = 1,070 USD
US Dollar Chinese Yuan 1 USD = 6,156 CNY 1 CNY = 0,162 USD
Euro Japanese Yen 1 EUR = 127,900 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,841 GBP 1 GBP = 1,189 EUR
Euro Australian Dollar 1 EUR = 1,275 AUD 1 AUD = 0,785 EUR
Euro Canadian Dollar 1 EUR = 1,320 CAD 1 CAD = 0,758 EUR
Euro Swiss Franc 1 EUR = 1,221 CHF 1 CHF = 0,819 EUR
Euro Chinese Yuan 1 EUR = 8,045 CNY 1 CNY = 0,124 EUR
Japanese Yen Pound Sterling 1 JPY = 0,657 GBP 1 GBP = 1,522 JPY
Japanese Yen Australian Dollar 1 JPY = 0,996 AUD 1 AUD = 1,004 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,032 CAD 1 CAD = 0,969 JPY
Japanese Yen Swiss Franc 1 JPY = 0,955 CHF 1 CHF = 1,047 JPY
Pound Sterling Australian Dollar 1 GBP = 1,516 AUD 1 AUD = 0,660 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,569 CAD 1 CAD = 0,637 GBP
Pound Sterling Swiss Franc 1 GBP = 1,452 CHF 1 CHF = 0,689 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,566 CNY 1 CNY = 0,105 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,036 CAD 1 CAD = 0,966 AUD
Australian Dollar Swiss Franc 1 AUD = 0,958 CHF 1 CHF = 1,044 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,313 CNY 1 CNY = 0,158 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,925 CHF 1 CHF = 1,081 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,096 CNY 1 CNY = 0,164 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,586 CNY 1 CNY = 0,152 CHF

See what else happened on May 02, 2013