Financial news on April 9th, 2012
Business and Financial news
With smartphones, people are confronting the task of calculating their data usage to avoid unexpected fees. Read more..
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..
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..
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..
Following the firing of John Galliano last year, the French label Dior switches to a low-key personality. Read more..
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..
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..
The Discovery Channel’s “Dirty Jobs” show inspires the Dirty Jobs line of cleaning products. Read more..
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..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||33.06||33.73||32.98||33.42||22.9M|
|Procter & Gamble||PG||66.72||67.13||66.71||66.81||6.89M|
|Walt Disney & Co.||DIS||42.13||42.27||41.96||42.11||6.81M|
|Johnson & Johnson||JNJ||64.95||65.23||64.88||64.92||6.36M|
|International Business Machines||IBM||204.40||206.17||203.37||204.94||3.33M|
Exchange Rates of April 9th, 2012
|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|