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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 23.13 23.20 22.65 22.76 73.3M
Cisco Systems CSCO 17.53 17.67 17.47 17.60 47M
Microsoft MSFT 25.80 25.96 25.67 25.83 38.7M
General Electric GE 19.97 20.11 19.90 20.07 38.2M
Pfizer PFE 20.53 20.74 20.45 20.60 31M
JPMorgan Chase JPM 44.75 45.11 44.32 44.96 22.5M
Wells Fargo & Co. WFC 28.07 28.47 28.05 28.21 21.6M
ExxonMobil XOM 83.01 83.72 82.16 83.18 18.3M
Oracle Corp. ORCL 34.89 35.45 34.81 35.20 16.3M
AT&T Inc. T 31.20 31.42 31.06 31.35 15.4M
Comcast CMCSA 25.45 25.56 25.16 25.28 13.7M
ConocoPhillips COP 73.50 74.11 73.16 73.72 12.5M
Abbott Laboratories ABT 52.51 52.75 52.26 52.66 12.1M
Merck MRK 36.11 36.58 36.10 36.48 10.7M
General Motors GM 31.74 32.07 31.36 31.39 10.7M
HP Inc. HPQ 40.79 41.36 40.75 41.02 9.31M
Johnson & Johnson JNJ 65.11 65.76 65.07 65.63 9M
Procter & Gamble PG 64.93 65.39 64.86 65.14 8.7M
Schlumberger SLB 83.40 84.03 82.67 83.59 8.67M
Verizon Communications VZ 37.28 37.34 37.08 37.24 8.45M
Altria MO 26.97 27.16 26.95 27.14 8.18M
Gilead Sciences GILD 40.88 41.53 40.84 41.24 8.13M
Apple AAPL 347.86 349.20 346.53 347.60 7.31M
Bristol-Myers Squibb BMY 28.66 28.80 28.41 28.72 7.2M
Chevron CVX 103.25 104.86 103.00 104.09 7.12M
Home Depot HD 36.93 37.09 36.70 36.96 6.55M
Wal-Mart Stores WMT 54.97 55.36 54.70 55.10 6.55M
Walt Disney & Co. DIS 43.32 43.35 42.93 43.10 6.31M
McDonald's MCD 79.46 79.82 79.08 79.31 6.28M
Amazon AMZN 198.34 202.36 196.78 200.80 5.83M
Pepsico PEP 69.64 69.98 69.48 69.82 5.76M
UnitedHealth Group UNH 49.75 50.91 49.75 50.47 5.67M
Visa V 79.13 79.98 79.04 79.86 4.77M
Coca-Cola KO 66.86 67.28 66.83 66.95 4.44M
Alphabet GOOGL 535.00 538.49 531.10 537.68 3.89M
Amgen AMGN 57.38 57.94 57.32 57.69 3.62M
International Business Machines IBM 168.39 169.85 168.31 169.10 3.59M
Boeing BA 79.31 80.15 79.15 79.64 3.14M
Berkshire Hathaway BRK.B 80.12 81.44 80.12 80.73 2.88M
United Technologies UTX 88.88 90.18 88.88 89.52 2.58M
3M MMM 95.30 96.46 95.30 95.99 2.04M
Union Pacific UNP 102.19 102.98 101.57 102.47 1.46M
Exchange Rates of May 09, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80.290 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.963 CAD 1 CAD = 1.038 USD
US Dollar Swiss Franc 1 USD = 0.872 CHF 1 CHF = 1.147 USD
US Dollar Chinese Yuan 1 USD = 6.494 CNY 1 CNY = 0.154 USD
Euro Japanese Yen 1 EUR = 115.250 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.876 GBP 1 GBP = 1.142 EUR
Euro Australian Dollar 1 EUR = 1.331 AUD 1 AUD = 0.751 EUR
Euro Canadian Dollar 1 EUR = 1.383 CAD 1 CAD = 0.723 EUR
Euro Swiss Franc 1 EUR = 1.252 CHF 1 CHF = 0.799 EUR
Euro Chinese Yuan 1 EUR = 9.324 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.760 GBP 1 GBP = 1.317 JPY
Japanese Yen Australian Dollar 1 JPY = 1.154 AUD 1 AUD = 0.866 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.200 CAD 1 CAD = 0.834 JPY
Japanese Yen Swiss Franc 1 JPY = 1.086 CHF 1 CHF = 0.920 JPY
Pound Sterling Australian Dollar 1 GBP = 1.520 AUD 1 AUD = 0.658 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.580 CAD 1 CAD = 0.633 GBP
Pound Sterling Swiss Franc 1 GBP = 1.430 CHF 1 CHF = 0.699 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.648 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.039 CAD 1 CAD = 0.962 AUD
Australian Dollar Swiss Franc 1 AUD = 0.940 CHF 1 CHF = 1.063 AUD
Australian Dollar Chinese Yuan 1 AUD = 7.005 CNY 1 CNY = 0.143 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.905 CHF 1 CHF = 1.105 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.740 CNY 1 CNY = 0.148 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.445 CNY 1 CNY = 0.134 CHF

See what else happened on May 09, 2011