Financial news on April 6th, 2009

Business and Financial news
Hong Kong Court Approves PCCW Privatization Plan

The ruling cleared the way for one of Hong Kong’s most prominent businessmen, Richard Li, to assume full control over the telecommunications giant. Read more..

By BETTINA WASSENER - International Herald Tribune

People and Accounts of Note

AbelsonTaylor, Chicago, promoted three employees. Paul Tursky and Holly Wright, account supervisors, become senior account supervisors. And Rich Campbell, senior account executive, becomes account supervisor. Read more..

By THE NEW YORK TIMES - The New York Times

Pixar’s Art Leaves Profit Watchers Edgy

“Up,” the latest film from Pixar Animation Studios, is expected to be a critical and commercial success, but Wall Street has its doubts. Read more..

By BROOKS BARNES - The New York Times

Vanity Fair Article Draws Outcries From Iceland

Michael Lewis’s depiction of Iceland in an article about the country’s economic collapse struck some as unfair. Read more..

By BRIAN STELTER - The New York Times

When ‘S.V.U.’ Stands for ‘Shopping Victims United’

In today’s rough economy, consumers expect heavily marked-down prices, which has led K&G, a discount chain, to campaign that it offers “fashion without the victim.” Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE10.8511.2310.6611.19132M
Wells Fargo & Co.WFC15.4815.6415.0415.25119M
JPMorgan ChaseJPM28.2728.9027.6828.2072.2M
Cisco SystemsCSCO17.5617.6417.0717.5363.4M
Abbott LaboratoriesABT43.8644.3242.7643.3635.5M
Oracle Corp.ORCL19.0019.1118.6919.1129.3M
AT&T Inc.T26.4026.6526.0526.5926.7M
Verizon CommunicationsVZ32.6133.0732.4233.0319.5M
Home DepotHD24.7825.0324.4624.8517.1M
HP Inc.HPQ34.0234.0932.9233.7615.9M
Bristol-Myers SquibbBMY20.5620.9120.2520.5115.6M
Wal-Mart StoresWMT53.4153.7552.9053.4315.5M
UnitedHealth GroupUNH20.3322.0520.2521.9312.9M
Johnson & JohnsonJNJ52.0352.5451.6752.2012.8M
Gilead SciencesGILD46.8748.4546.6548.3711.5M
Walt Disney & Co.DIS19.7820.0019.3519.6211.3M
Procter & GamblePG49.4649.9748.9149.6510.3M
International Business MachinesIBM100.90101.85100.00101.568.82M
Union PacificUNP45.6845.8443.0044.066.97M
United TechnologiesUTX45.3046.3644.6346.315.58M
Berkshire HathawayBRK.B3000.003023.002955.502997.0044.2K
Exchange Rates of April 6th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 101.050 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.239 CAD1 CAD = 0.807 USD
US DollarSwiss Franc1 USD = 1.137 CHF1 CHF = 0.880 USD
US DollarChinese Yuan1 USD = 6.835 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 135.410 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.909 GBP1 GBP = 1.101 EUR
EuroAustralian Dollar1 EUR = 1.880 AUD1 AUD = 0.532 EUR
EuroCanadian Dollar1 EUR = 1.660 CAD1 CAD = 0.602 EUR
EuroSwiss Franc1 EUR = 1.523 CHF1 CHF = 0.656 EUR
EuroChinese Yuan1 EUR = 9.158 CNY1 CNY = 0.109 EUR
Japanese YenPound Sterling1 JPY = 0.670 GBP1 GBP = 1.493 JPY
Japanese YenAustralian Dollar1 JPY = 1.398 AUD1 AUD = 0.716 JPY
Japanese YenCanadian Dollar1 JPY = 1.231 CAD1 CAD = 0.813 JPY
Japanese YenSwiss Franc1 JPY = 1.125 CHF1 CHF = 0.889 JPY
Pound SterlingAustralian Dollar1 GBP = 2.068 AUD1 AUD = 0.484 GBP
Pound SterlingCanadian Dollar1 GBP = 1.828 CAD1 CAD = 0.547 GBP
Pound SterlingSwiss Franc1 GBP = 1.676 CHF1 CHF = 0.597 GBP
Pound SterlingChinese Yuan1 GBP = 10.065 CNY1 CNY = 0.099 GBP
Australian DollarCanadian Dollar1 AUD = 0.883 CAD1 CAD = 1.133 AUD
Australian DollarSwiss Franc1 AUD = 0.809 CHF1 CHF = 1.236 AUD
Australian DollarChinese Yuan1 AUD = 4.871 CNY1 CNY = 0.205 AUD
Canadian DollarSwiss Franc1 CAD = 0.917 CHF1 CHF = 1.091 CAD
Canadian DollarChinese Yuan1 CAD = 5.511 CNY1 CNY = 0.181 CAD
Swiss FrancChinese Yuan1 CHF = 6.012 CNY1 CNY = 0.166 CHF

See what else happened on April 6th, 2009