Financial news on May 09, 2011

Business and Financial news
China Leads Push to Go Green

While other nations have debated aspects of climate change, China has plunged into production at an unrivaled pace, according to a report by the World Wildlife Fund for Nature. Read more..

By THE ASSOCIATED PRESS - International Herald Tribune

In Cable Niches, Less Reality and More Original Shows

To stay competitive, relatively small cable channels that once relied on reality shows and repeats of others’ scripted programs are now showing original comedies and dramas. Read more..

By BRIAN STELTER - The New York Times

Incentives Play Role in Success of Netflix

Employees eligible for stock options can adjust the mix of salary and equity in their pay, and options are granted monthly rather than annually. Read more..

By JEFFREY GOLDFARB and REYNOLDS HOLDING - The New York Times

Inside the Groupon-Live Nation Deal

Insight on a deal that could shakeup the entire concert and sports ticketing business, with Andrew Mason, chief executive of Groupon, and Michael Rapino, chief executive of Live Nation. Read more..

CNBC - CNBC

Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By DEALBOOK - The New York Times

News Corp.’s Interest in Formula One Raises Alarms

The Murdochs are prepared to spend a lot of money to put Formula One racing on BSkyB, as well as on other News Corp.-owned or affiliated pay-TV siblings. Read more..

By ERIC PFANNER - International Herald Tribune

To Grow, an Agency Breaks Down Walls

R/GA, part of the Interpublic Group of Companies, is growing, with units devoted to event marketing and data visualization. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC23,1323,2022,6522,7673.3M
Cisco SystemsCSCO17,5317,6717,4717,6047M
MicrosoftMSFT25,8025,9625,6725,8338.7M
General ElectricGE19,9720,1119,9020,0738.2M
PfizerPFE20,5320,7420,4520,6031M
JPMorgan ChaseJPM44,7545,1144,3244,9622.5M
Wells Fargo & Co.WFC28,0728,4728,0528,2121.6M
ExxonMobilXOM83,0183,7282,1683,1818.3M
Oracle Corp.ORCL34,8935,4534,8135,2016.3M
AT&T Inc.T31,2031,4231,0631,3515.4M
ComcastCMCSA25,4525,5625,1625,2813.7M
ConocoPhillipsCOP73,5074,1173,1673,7212.5M
Abbott LaboratoriesABT52,5152,7552,2652,6612.1M
MerckMRK36,1136,5836,1036,4810.7M
General MotorsGM31,7432,0731,3631,3910.7M
HP Inc.HPQ40,7941,3640,7541,029.31M
Johnson & JohnsonJNJ65,1165,7665,0765,639M
Procter & GamblePG64,9365,3964,8665,148.7M
SchlumbergerSLB83,4084,0382,6783,598.67M
Verizon CommunicationsVZ37,2837,3437,0837,248.45M
AltriaMO26,9727,1626,9527,148.18M
Gilead SciencesGILD40,8841,5340,8441,248.13M
AppleAAPL347,86349,20346,53347,607.31M
Bristol-Myers SquibbBMY28,6628,8028,4128,727.2M
ChevronCVX103,25104,86103,00104,097.12M
Home DepotHD36,9337,0936,7036,966.55M
Wal-Mart StoresWMT54,9755,3654,7055,106.55M
Walt Disney & Co.DIS43,3243,3542,9343,106.31M
McDonald'sMCD79,4679,8279,0879,316.28M
AmazonAMZN198,34202,36196,78200,805.83M
PepsicoPEP69,6469,9869,4869,825.76M
UnitedHealth GroupUNH49,7550,9149,7550,475.67M
VisaV79,1379,9879,0479,864.77M
Coca-ColaKO66,8667,2866,8366,954.44M
AlphabetGOOGL535,00538,49531,10537,683.89M
AmgenAMGN57,3857,9457,3257,693.62M
International Business MachinesIBM168,39169,85168,31169,103.59M
BoeingBA79,3180,1579,1579,643.14M
Berkshire HathawayBRK.B80,1281,4480,1280,732.88M
United TechnologiesUTX88,8890,1888,8889,522.58M
3MMMM95,3096,4695,3095,992.04M
Union PacificUNP102,19102,98101,57102,471.46M
Exchange Rates of May 09, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 80,290 JPY1 JPY = 0,012 USD
US DollarCanadian Dollar1 USD = 0,963 CAD1 CAD = 1,038 USD
US DollarSwiss Franc1 USD = 0,872 CHF1 CHF = 1,147 USD
US DollarChinese Yuan1 USD = 6,494 CNY1 CNY = 0,154 USD
EuroJapanese Yen1 EUR = 115,250 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,876 GBP1 GBP = 1,142 EUR
EuroAustralian Dollar1 EUR = 1,331 AUD1 AUD = 0,751 EUR
EuroCanadian Dollar1 EUR = 1,383 CAD1 CAD = 0,723 EUR
EuroSwiss Franc1 EUR = 1,252 CHF1 CHF = 0,799 EUR
EuroChinese Yuan1 EUR = 9,324 CNY1 CNY = 0,107 EUR
Japanese YenPound Sterling1 JPY = 0,760 GBP1 GBP = 1,317 JPY
Japanese YenAustralian Dollar1 JPY = 1,154 AUD1 AUD = 0,866 JPY
Japanese YenCanadian Dollar1 JPY = 1,200 CAD1 CAD = 0,834 JPY
Japanese YenSwiss Franc1 JPY = 1,086 CHF1 CHF = 0,920 JPY
Pound SterlingAustralian Dollar1 GBP = 1,520 AUD1 AUD = 0,658 GBP
Pound SterlingCanadian Dollar1 GBP = 1,580 CAD1 CAD = 0,633 GBP
Pound SterlingSwiss Franc1 GBP = 1,430 CHF1 CHF = 0,699 GBP
Pound SterlingChinese Yuan1 GBP = 10,648 CNY1 CNY = 0,094 GBP
Australian DollarCanadian Dollar1 AUD = 1,039 CAD1 CAD = 0,962 AUD
Australian DollarSwiss Franc1 AUD = 0,940 CHF1 CHF = 1,063 AUD
Australian DollarChinese Yuan1 AUD = 7,005 CNY1 CNY = 0,143 AUD
Canadian DollarSwiss Franc1 CAD = 0,905 CHF1 CHF = 1,105 CAD
Canadian DollarChinese Yuan1 CAD = 6,740 CNY1 CNY = 0,148 CAD
Swiss FrancChinese Yuan1 CHF = 7,445 CNY1 CNY = 0,134 CHF

See what else happened on May 09, 2011