Financial news on May 08, 2009

Business and Financial news
Findings, but No Final Word

The numbers in the stress test report that are most impressive — perhaps shocking should be the word — are the estimates of possible losses from differing categories of assets. Read more..

By FLOYD NORRIS - The New York Times

In Strategy Shift, G.E. Plans Lower-Cost Health Products

General Electric is shifting the strategy in its $17 billion-a-year health equipment and technology business, seeking to broaden its reach with more lower-cost products. Read more..

By STEVE LOHR - The New York Times

Is France Losing the War of the Rosés?

A national debate is sweeping France over whether a new European Union proposal to change the standards for making rosé wine would ruin or save it. Read more..

By STEPHEN CASTLE - International Herald Tribune

Technology Shares Pull Down Market, and a Treasury Auction Disappoints

Wall Street looks beyond the bank stress tests for the next potential source of market turmoil. Read more..

By JACK HEALY - The New York Times

The Internet’s Role in Gaming the Markets

A company with little fundamental value but plenty of traded shares sheds some light on a netherworld of stock trading. Read more..

By FLOYD NORRIS - The New York Times

UniCredit’s East European Units Receive Aid

The E.B.R.D. also warned that hopes for an economic recovery for the region next year could be in jeopardy without more external support. Read more..

By JUDY DEMPSEY - International Herald Tribune

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 24,03 28,18 23,83 28,18 479M
General Electric GE 14,38 14,55 14,14 14,53 128M
JPMorgan Chase JPM 36,80 38,94 36,20 38,94 110M
Intel INTC 15,87 15,93 15,20 15,29 94.1M
Microsoft MSFT 19,46 19,64 19,14 19,42 67.6M
Cisco Systems CSCO 19,00 19,22 18,55 18,73 65.4M
Pfizer PFE 14,33 14,51 14,25 14,40 56.6M
AT&T Inc. T 25,70 25,83 25,06 25,25 41.6M
Oracle Corp. ORCL 18,60 18,78 18,12 18,32 41.1M
ExxonMobil XOM 69,40 71,23 69,39 70,80 35.9M
ConocoPhillips COP 44,74 47,27 44,64 46,91 29.3M
Comcast CMCSA 16,00 16,00 15,51 15,75 24.7M
HP Inc. HPQ 34,84 34,85 33,40 34,68 24M
Abbott Laboratories ABT 45,15 45,50 44,65 44,93 20.3M
Merck MRK 25,35 25,51 24,65 24,82 18.7M
Wal-Mart Stores WMT 50,40 50,40 49,75 50,14 18.5M
Home Depot HD 25,78 25,78 24,75 25,50 18.5M
Walt Disney & Co. DIS 25,70 26,00 25,00 25,46 18.2M
UnitedHealth Group UNH 28,74 29,69 28,54 28,87 17M
Apple AAPL 129,04 131,23 126,26 129,19 16.7M
Verizon Communications VZ 30,10 30,22 29,54 29,85 16.5M
Chevron CVX 68,59 70,94 68,59 70,38 13.9M
McDonald's MCD 55,10 55,45 54,51 54,92 13.6M
Procter & Gamble PG 52,00 52,19 51,19 51,57 13.4M
Johnson & Johnson JNJ 55,07 55,50 54,70 54,98 13M
Schlumberger SLB 55,04 56,99 54,36 56,53 13M
Gilead Sciences GILD 44,67 45,24 43,69 44,01 12.5M
Altria MO 17,16 17,20 16,97 17,10 12.5M
Coca-Cola KO 42,95 43,17 42,51 42,92 12.1M
International Business Machines IBM 103,58 103,75 99,83 101,49 11.6M
Pepsico PEP 49,88 49,94 49,09 49,75 10.7M
Visa V 65,97 68,47 65,50 68,43 9.46M
Amgen AMGN 47,24 47,81 46,46 47,20 8.62M
Amazon AMZN 79,69 80,23 76,31 77,95 8.19M
Alphabet GOOGL 402,85 410,13 395,00 407,33 7.72M
Boeing BA 43,96 45,84 43,77 45,83 7.49M
United Technologies UTX 52,42 53,61 51,03 53,55 7.33M
Union Pacific UNP 51,33 52,45 50,85 51,44 7.28M
3M MMM 59,21 60,23 59,20 60,09 5.41M
Bristol-Myers Squibb BMY 20,00 20,43 19,91 20,40 3.41M
Berkshire Hathaway BRK.B 3100,00 3132,00 3084,00 3132,00 55.8K
Exchange Rates of May 08, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 98,380 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,149 CAD 1 CAD = 0,870 USD
US Dollar Swiss Franc 1 USD = 1,105 CHF 1 CHF = 0,905 USD
US Dollar Chinese Yuan 1 USD = 6,820 CNY 1 CNY = 0,147 USD
Euro Japanese Yen 1 EUR = 134,220 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,895 GBP 1 GBP = 1,117 EUR
Euro Australian Dollar 1 EUR = 1,773 AUD 1 AUD = 0,564 EUR
Euro Canadian Dollar 1 EUR = 1,567 CAD 1 CAD = 0,638 EUR
Euro Swiss Franc 1 EUR = 1,507 CHF 1 CHF = 0,663 EUR
Euro Chinese Yuan 1 EUR = 9,306 CNY 1 CNY = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,667 GBP 1 GBP = 1,500 JPY
Japanese Yen Australian Dollar 1 JPY = 1,321 AUD 1 AUD = 0,757 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,167 CAD 1 CAD = 0,857 JPY
Japanese Yen Swiss Franc 1 JPY = 1,123 CHF 1 CHF = 0,891 JPY
Pound Sterling Australian Dollar 1 GBP = 1,981 AUD 1 AUD = 0,505 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,751 CAD 1 CAD = 0,571 GBP
Pound Sterling Swiss Franc 1 GBP = 1,683 CHF 1 CHF = 0,594 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,883 CAD 1 CAD = 1,133 AUD
Australian Dollar Swiss Franc 1 AUD = 0,849 CHF 1 CHF = 1,178 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,245 CNY 1 CNY = 0,191 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,961 CHF 1 CHF = 1,041 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,933 CNY 1 CNY = 0,169 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,173 CNY 1 CNY = 0,162 CHF

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