Financial news on May 06, 2009

Business and Financial news
A Full Plate for Fiat’s Chief

An enlarged and independent Fiat Auto would be in the pole position to lead the car industry’s global consolidation but the road to success is littered with obstacles. Read more..

By ROB COX - The New York Times

Agreement Said to Be Near at Boston Globe

The paper and its largest union are scheduled to resume talks, with lifetime job guarantees for some workers being the only major sticking point remaining. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Bright Spot in Downturn: New Hiring Is Robust

In spite of the recession, the U.S. economy is actually generating jobs at a healthy clip, with many major employers hiring. Read more..

By STEVEN GREENHOUSE - The New York Times

Doctor Sounds Alarm Ahead of Tobacco Vote

A pulmonologist is not waiting for peer review to publish his research contending that cigarettes pose a higher risk of lung cancer than they did before the surgeon general declared them a health hazard in 1964. Read more..

By DUFF WILSON - The New York Times

E.U. Takes Aim at Canadian Seal Hunt on Eve of Trade Summit

Canada threatened to take a proposed ban on seal products to the World Trade Organization, casting a pall over an E.U.-Canada trade summit. Read more..

By STEPHEN CASTLE - International Herald Tribune

Mississippi Farmers Trade Cotton Plantings for Corn

A shift has emerged in an area tied to the same crop for generations as United States farmers plant the least cotton acreage since 1983, which in itself was an anomaly. Read more..

By CLIFFORD KRAUSS - The New York Times

Plan to Sell Chrysler to Fiat Clears Bar

The judge overseeing the bankruptcy of Chrysler approved the bidding procedures advocated by the company and backed by the White House. Read more..

By MICHAEL J. de la MERCED and JONATHAN D. GLATER - The New York Times

Struggles at the Box Office Weigh on Disney’s Profit

Disney’s films have underperformed at the box office, even as the rest of Hollywood is enjoying a boom in ticket sales. Read more..

By BROOKS BARNES - The New York Times

The Stress Test

Louise Story and Eric Dash discuss what the results of the banking industry's stress test could mean for both the taxpayer and the investor. Read more..

Michele Monteleone - The New York Times

Wall St. Catches Its Breath After a Jump

Some skeptical analysts said the stock market may have raced too far ahead of the weakening economy. Read more..

By JACK HEALY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 24.51 26.84 24.40 26.84 256M
General Electric GE 13.47 13.80 13.31 13.67 129M
JPMorgan Chase JPM 35.82 37.35 35.56 37.22 103M
Cisco Systems CSCO 19.76 19.85 19.03 19.61 93.2M
Intel INTC 16.43 16.44 15.97 16.12 66.3M
Pfizer PFE 14.17 14.25 13.76 13.91 60.7M
Microsoft MSFT 20.06 20.07 19.61 19.79 59.6M
Walt Disney & Co. DIS 24.95 26.29 24.66 25.87 49.8M
ExxonMobil XOM 68.04 68.60 67.44 68.58 30.8M
Oracle Corp. ORCL 19.15 19.19 18.69 19.06 27.1M
Wal-Mart Stores WMT 50.67 51.09 49.07 49.51 26.1M
AT&T Inc. T 26.64 26.78 26.27 26.69 24.7M
Comcast CMCSA 16.28 16.40 15.63 16.00 23M
Merck MRK 24.68 24.93 24.24 24.61 22.6M
Abbott Laboratories ABT 43.63 44.00 42.38 42.93 20.8M
Altria MO 16.71 17.07 16.63 17.06 19.2M
ConocoPhillips COP 43.60 44.67 43.30 44.22 18.4M
Apple AAPL 133.33 133.50 130.22 132.50 16.9M
Johnson & Johnson JNJ 54.75 54.75 53.58 54.21 16.6M
HP Inc. HPQ 36.67 36.80 35.89 36.33 15.4M
Procter & Gamble PG 50.00 50.86 49.90 50.84 14.9M
Verizon Communications VZ 30.61 30.80 30.30 30.76 14.6M
Bristol-Myers Squibb BMY 19.75 19.87 19.33 19.81 14.4M
Schlumberger SLB 55.03 56.40 54.35 56.05 14.2M
Chevron CVX 66.49 68.35 66.40 68.11 14.1M
Home Depot HD 26.31 26.51 25.56 26.04 13.9M
McDonald's MCD 53.55 54.60 53.39 53.69 12.3M
Visa V 68.07 68.22 65.75 66.19 10.5M
Coca-Cola KO 43.50 43.59 42.75 42.94 9.74M
UnitedHealth Group UNH 25.74 26.00 25.25 25.93 9.68M
Amazon AMZN 82.88 83.60 79.66 81.99 8.6M
Gilead Sciences GILD 44.58 44.63 43.43 44.03 8.44M
Amgen AMGN 48.42 48.49 46.95 47.63 8.12M
Boeing BA 43.30 44.21 43.08 44.20 7.93M
Pepsico PEP 50.30 50.30 49.19 49.72 7.56M
International Business Machines IBM 105.23 105.50 103.71 104.62 7.53M
Alphabet GOOGL 406.79 408.28 401.00 403.47 5.26M
3M MMM 58.74 59.36 57.83 59.14 5.07M
United Technologies UTX 52.34 52.85 51.51 52.29 4.99M
Union Pacific UNP 53.08 53.97 51.58 53.00 4.16M
Berkshire Hathaway BRK.B 3110.00 3110.00 3043.00 3090.00 37.4K
Exchange Rates of May 06, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 98.450 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.167 CAD 1 CAD = 0.857 USD
US Dollar Swiss Franc 1 USD = 1.133 CHF 1 CHF = 0.883 USD
US Dollar Chinese Yuan 1 USD = 6.818 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 131.050 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.881 GBP 1 GBP = 1.136 EUR
Euro Australian Dollar 1 EUR = 1.782 AUD 1 AUD = 0.561 EUR
Euro Canadian Dollar 1 EUR = 1.553 CAD 1 CAD = 0.644 EUR
Euro Swiss Franc 1 EUR = 1.508 CHF 1 CHF = 0.663 EUR
Euro Chinese Yuan 1 EUR = 9.095 CNY 1 CNY = 0.110 EUR
Japanese Yen Pound Sterling 1 JPY = 0.672 GBP 1 GBP = 1.489 JPY
Japanese Yen Australian Dollar 1 JPY = 1.360 AUD 1 AUD = 0.736 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.185 CAD 1 CAD = 0.844 JPY
Japanese Yen Swiss Franc 1 JPY = 1.151 CHF 1 CHF = 0.869 JPY
Pound Sterling Australian Dollar 1 GBP = 2.024 AUD 1 AUD = 0.494 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.765 CAD 1 CAD = 0.567 GBP
Pound Sterling Swiss Franc 1 GBP = 1.713 CHF 1 CHF = 0.584 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.871 CAD 1 CAD = 1.148 AUD
Australian Dollar Swiss Franc 1 AUD = 0.846 CHF 1 CHF = 1.182 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.091 CNY 1 CNY = 0.196 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.971 CHF 1 CHF = 1.030 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.812 CNY 1 CNY = 0.172 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.035 CNY 1 CNY = 0.166 CHF

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