Financial news on April 09, 2012

Business and Financial news
A Ballooning Megabyte Budget

With smartphones, people are confronting the task of calculating their data usage to avoid unexpected fees. Read more..

By BRIAN X. CHEN - The New York Times

Accounts and People of Note in the Advertising Industry

John Anagnost joined XplusOne, New York, in a new post, vice president of sales for the Eastern region. He had been president at Reprise Media, part of the Interpublic Group of Companies. Read more..

By THE NEW YORK TIMES - The New York Times

AT&T Workers to Stay on Job Without Deal on a Contract

Roughly 40,000 AT&T landline employees will continue to work following expiration of their contract as talks continue; both AT&T and the Communications Workers of America say they want to avoid a strike, and will keep negotiating; at issue are job protection clauses and health care premiums and co-payments. Read more..

By THE ASSOCIATED PRESS - The New York Times

Bands Improvise New Ways to Live-Stream Shows

Musicians are experimenting with methods of streaming live shows on a budget, making use of emerging technologies and ways fans listen to and collect music in the digital age; groups like the Ryan Montbleau Band use apps and Web pages to get concert footage to fans as quickly as possible. Read more..

By BEN SISARIO - The New York Times

Dior Selects Raf Simons to Replace John Galliano

Following the firing of John Galliano last year, the French label Dior switches to a low-key personality. Read more..

By CATHY HORYN - The New York Times

German Courts at Epicenter of Global Patent Battles Among Tech Rivals

Microsoft's decision to move its European logistics and distribution headquarters to the Netherlands from Germany spurs debate over patent law in Germany, where it is easy to block the sale of a rival's product even before an infringement claim is played out in court; patent lawsuits in Germany among technology companies are increasing, often claiming violations of patents of globally recognized technology standards and seeking to exploit the German system for strategic advantage. Read more..

By KEVIN J. O'BRIEN - The New York Times

Measuring Up Citigroup and Bank of America

Bank of America and Citigroup have plenty in common, and when bank earnings are released in the coming weeks, investors will be watching to see exactly how they match up; both were forced to turn to the government for help in the wake of the 2008 financial crisis, and both have chief executives who have spent much of their tenure cleaning up messes they inherited; three years after being written off by Wall Street, they seem to be thriving. Read more..

By NELSON D. SCHWARTZ - The New York Times

Products Named for ‘Dirty Jobs’ Try to Clean Up

The Discovery Channel’s “Dirty Jobs” show inspires the Dirty Jobs line of cleaning products. Read more..

By STUART ELLIOTT - The New York Times

Tightening the Lid on Pain Prescriptions

Experts say that doctors, despite the dangers, often keep patients on high-strength painkillers known as opioids for years without properly checking to see if their conditions improve. Read more..

By BARRY MEIER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 19.10 19.27 19.07 19.20 36.4M
Microsoft MSFT 31.22 31.40 30.97 31.10 31.1M
JPMorgan Chase JPM 43.19 44.28 43.07 43.89 29.4M
Cisco Systems CSCO 19.97 20.16 19.87 19.96 26.4M
Intel INTC 27.73 27.90 27.59 27.76 23M
Wells Fargo & Co. WFC 33.06 33.73 32.98 33.42 22.9M
Pfizer PFE 22.07 22.23 22.01 22.05 22.5M
Oracle Corp. ORCL 29.10 29.25 29.00 29.01 21.5M
Apple AAPL 626.13 639.84 625.30 636.23 21.3M
AT&T Inc. T 30.67 30.85 30.55 30.64 19.2M
HP Inc. HPQ 22.89 23.32 22.85 23.14 15.3M
Abbott Laboratories ABT 60.81 61.35 60.52 60.97 12.9M
Merck MRK 38.58 38.98 38.56 38.73 11.7M
ExxonMobil XOM 83.98 84.36 83.68 83.88 11M
Verizon Communications VZ 37.36 37.61 37.36 37.46 10.5M
Comcast CMCSA 29.13 29.43 29.01 29.33 10.5M
Bristol-Myers Squibb BMY 33.35 33.47 33.04 33.04 9.05M
ConocoPhillips COP 74.66 75.49 74.60 75.05 8.87M
Home Depot HD 49.87 50.69 49.87 50.58 8.3M
Altria MO 31.05 31.28 31.04 31.16 8.21M
General Motors GM 24.22 24.40 24.03 24.20 7.24M
Procter & Gamble PG 66.72 67.13 66.71 66.81 6.89M
Wal-Mart Stores WMT 60.22 60.34 60.08 60.13 6.83M
Walt Disney & Co. DIS 42.13 42.27 41.96 42.11 6.81M
McDonald's MCD 97.74 99.50 97.64 98.88 6.71M
Schlumberger SLB 67.49 68.65 67.25 67.59 6.45M
Johnson & Johnson JNJ 64.95 65.23 64.88 64.92 6.36M
Gilead Sciences GILD 46.70 47.41 46.57 46.59 5.97M
Chevron CVX 103.30 104.08 102.85 103.49 4.98M
Coca-Cola KO 72.96 73.11 72.74 72.87 4.9M
UnitedHealth Group UNH 58.52 58.87 58.01 58.14 4.76M
Pepsico PEP 65.63 65.69 65.25 65.35 4.53M
Alphabet GOOGL 628.48 635.33 625.29 630.84 4.36M
Berkshire Hathaway BRK.B 80.18 80.26 79.60 79.76 3.71M
International Business Machines IBM 204.40 206.17 203.37 204.94 3.33M
Visa V 119.66 120.35 118.71 119.50 3.32M
United Technologies UTX 80.82 80.82 79.96 80.23 3.2M
Amazon AMZN 192.02 194.20 190.50 191.87 3.14M
Amgen AMGN 67.32 67.71 67.02 67.02 2.77M
Union Pacific UNP 107.34 107.34 106.10 106.18 2.61M
Boeing BA 72.63 72.79 72.27 72.43 2.44M
3M MMM 86.24 86.77 85.90 86.33 1.93M
Exchange Rates of April 09, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.530 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.997 CAD 1 CAD = 1.003 USD
US Dollar Swiss Franc 1 USD = 0.917 CHF 1 CHF = 1.091 USD
US Dollar Chinese Yuan 1 USD = 6.309 CNY 1 CNY = 0.159 USD
Euro Japanese Yen 1 EUR = 106.900 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.825 GBP 1 GBP = 1.213 EUR
Euro Australian Dollar 1 EUR = 1.271 AUD 1 AUD = 0.787 EUR
Euro Canadian Dollar 1 EUR = 1.307 CAD 1 CAD = 0.765 EUR
Euro Swiss Franc 1 EUR = 1.202 CHF 1 CHF = 0.832 EUR
Euro Chinese Yuan 1 EUR = 8.268 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.771 GBP 1 GBP = 1.297 JPY
Japanese Yen Australian Dollar 1 JPY = 1.189 AUD 1 AUD = 0.841 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.222 CAD 1 CAD = 0.818 JPY
Japanese Yen Swiss Franc 1 JPY = 1.124 CHF 1 CHF = 0.890 JPY
Pound Sterling Australian Dollar 1 GBP = 1.542 AUD 1 AUD = 0.649 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.585 CAD 1 CAD = 0.631 GBP
Pound Sterling Swiss Franc 1 GBP = 1.457 CHF 1 CHF = 0.686 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.027 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.028 CAD 1 CAD = 0.973 AUD
Australian Dollar Swiss Franc 1 AUD = 0.945 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.501 CNY 1 CNY = 0.154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.919 CHF 1 CHF = 1.088 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.327 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.878 CNY 1 CNY = 0.145 CHF

See what else happened on April 09, 2012