Financial news on May 10, 2011

Business and Financial news
A Book Publisher Finds Ready Conversation

Though not “a great flier,” Margery Mayer says conversations with seatmates can turn a routine business trip into a memorable experience. Read more..

By MARGERY MAYER - The New York Times

Ann Curry to Become a Co-Host of ‘Today’

Ann Curry, who has read the news on NBC’s “Today” show for 15 years, will succeed Meredith Vieira as a co-host of television’s dominant morning show. Read more..

By BILL CARTER and BRIAN STELTER - The New York Times

Asian Economies Recalibrate to Address Inequality

Policy makers are drawing increasing attention to another shortcoming of Asia's export-oriented growth model: excessive inequality, which is holding people back and stifling consumption. Read more..

By ALAN WHEATLEY | REUTERS - International Herald Tribune

European Court Rejects Bid to Limit News on Celebrities

The European Court of Human Rights in Strasbourg struck down a legal bid to strengthen the privacy protections for public figures. Read more..

By ERIC PFANNER - The New York Times

For Journalists, a Call to Rethink Their Online Models

A report by Columbia University says many journalists have not adapted to digital technology and must reconsider their interactions with readers and advertisers. Read more..

By BRIAN STELTER - The New York Times

Google to Start a Cloud-Based Music Player

Google starts a cloud-based music player. Read more..

By CLAIRE CAIN MILLER - The New York Times

Microsoft Acquires Skype

Microsoft's $8.5 billion acquisition of Skype is the biggest technology deal so far this year, and the transaction would rank among the 12 biggest high-tech deals since 2000. Read more..

Mac William Bishop - The New York Times

Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By DEALBOOK - The New York Times

Social Networks Offer a Way to Narrow the Field of Friends

When Facebook is too public, smaller sites let a user share news with a streamlined group of people. Read more..

By JENNA WORTHAM and CLAIRE CAIN MILLER - The New York Times

Sysco’s Quartely Profit Tops Forecasts

Its share rise 11 percent as its results increase investor confidence that it can pass on higher costs without hurting sales. Read more..

By REUTERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 25.38 25.85 25.25 25.67 121M
Cisco Systems CSCO 17.65 17.94 17.65 17.79 68.8M
Intel INTC 22.85 23.20 22.82 23.03 66.3M
General Electric GE 20.14 20.42 20.12 20.30 38.2M
Pfizer PFE 20.69 20.96 20.66 20.86 33.4M
Wells Fargo & Co. WFC 28.34 28.58 28.30 28.53 25.3M
JPMorgan Chase JPM 45.06 45.50 44.98 45.16 20.5M
ExxonMobil XOM 83.08 83.76 82.50 83.34 17.7M
Comcast CMCSA 25.44 25.91 25.36 25.82 17.1M
AT&T Inc. T 31.46 31.74 31.39 31.69 17.1M
Oracle Corp. ORCL 35.49 35.66 35.23 35.62 17M
Walt Disney & Co. DIS 43.24 44.13 43.10 43.91 12.5M
Verizon Communications VZ 37.28 37.68 37.25 37.57 10.4M
Apple AAPL 348.89 349.69 346.66 349.45 10.1M
Johnson & Johnson JNJ 65.61 65.80 65.28 65.76 9.69M
Merck MRK 36.55 36.79 36.50 36.77 9.6M
ConocoPhillips COP 73.89 74.79 73.56 74.60 9.25M
HP Inc. HPQ 41.08 41.74 41.00 41.57 9.01M
Wal-Mart Stores WMT 55.15 55.60 55.10 55.53 8.76M
Abbott Laboratories ABT 52.77 52.91 52.61 52.84 8.2M
Procter & Gamble PG 65.29 65.89 65.25 65.73 8.08M
Bristol-Myers Squibb BMY 28.74 28.82 28.46 28.81 8.04M
Gilead Sciences GILD 41.27 41.57 40.70 41.04 7.95M
General Motors GM 31.47 31.64 31.33 31.61 7.84M
Altria MO 27.20 27.25 27.04 27.17 7.38M
Schlumberger SLB 84.03 85.24 83.48 84.49 7.29M
Home Depot HD 36.89 37.37 36.89 37.27 6.82M
Chevron CVX 104.32 104.95 103.25 104.36 6.43M
Pepsico PEP 69.81 70.12 69.81 70.03 6.12M
Amazon AMZN 201.94 205.29 201.56 203.94 5.89M
UnitedHealth Group UNH 50.72 50.98 50.19 50.51 5.64M
Coca-Cola KO 67.00 67.46 66.98 67.34 5.56M
International Business Machines IBM 169.25 170.90 169.22 170.38 4.93M
Visa V 79.97 80.70 79.72 80.35 4.93M
Amgen AMGN 57.95 58.41 57.61 58.30 4.72M
McDonald's MCD 79.52 79.85 79.27 79.71 4.38M
Alphabet GOOGL 540.00 544.43 537.54 542.66 4.08M
Boeing BA 79.76 80.42 79.76 79.95 3.85M
United Technologies UTX 89.81 90.12 89.68 89.81 3.43M
3M MMM 96.24 96.43 95.63 95.71 3.29M
Berkshire Hathaway BRK.B 80.96 81.35 80.60 81.23 2.87M
Union Pacific UNP 102.82 104.77 102.78 104.49 2.56M
Exchange Rates of May 10, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80.870 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.957 CAD 1 CAD = 1.045 USD
US Dollar Swiss Franc 1 USD = 0.880 CHF 1 CHF = 1.137 USD
US Dollar Chinese Yuan 1 USD = 6.493 CNY 1 CNY = 0.154 USD
Euro Japanese Yen 1 EUR = 116.510 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.880 GBP 1 GBP = 1.136 EUR
Euro Australian Dollar 1 EUR = 1.329 AUD 1 AUD = 0.752 EUR
Euro Canadian Dollar 1 EUR = 1.379 CAD 1 CAD = 0.725 EUR
Euro Swiss Franc 1 EUR = 1.268 CHF 1 CHF = 0.789 EUR
Euro Chinese Yuan 1 EUR = 9.355 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.755 GBP 1 GBP = 1.324 JPY
Japanese Yen Australian Dollar 1 JPY = 1.140 AUD 1 AUD = 0.877 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.183 CAD 1 CAD = 0.845 JPY
Japanese Yen Swiss Franc 1 JPY = 1.088 CHF 1 CHF = 0.920 JPY
Pound Sterling Australian Dollar 1 GBP = 1.510 AUD 1 AUD = 0.662 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.567 CAD 1 CAD = 0.638 GBP
Pound Sterling Swiss Franc 1 GBP = 1.440 CHF 1 CHF = 0.695 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.628 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.038 CAD 1 CAD = 0.964 AUD
Australian Dollar Swiss Franc 1 AUD = 0.953 CHF 1 CHF = 1.049 AUD
Australian Dollar Chinese Yuan 1 AUD = 7.040 CNY 1 CNY = 0.142 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.919 CHF 1 CHF = 1.089 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.782 CNY 1 CNY = 0.147 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.379 CNY 1 CNY = 0.136 CHF

See what else happened on May 10, 2011