Financial news on March 11, 2010

Business and Financial news
Forgot to Send a Birthday Card? Phone It In

Companies like American Greetings are moving beyond texting by offering services that send video messages to cellphones. Read more..

By ELIZABETH OLSON - The New York Times

Gadgets in Emergency Vehicles Seen as Peril

Police and paramedics use an array of dashboard devices, a boon for their jobs that also presents a clear risk. Read more..

By MATT RICHTEL - The New York Times

Goldman Alumni Learn New Lessons Far From Wall Street

Ex-Goldman Sachs employees are sharing their ideas about what their old firm can do to help small businesses. Read more..

By PETER CARBONARA - The New York Times

Market Rises on Sense That Worst Is Behind Big Financials

Investors bought shares of firms bailed out by the government amid speculation that their balance sheets would substantially improve. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Navistar Shares Fall After Earnings Report

Falling demand for commercial trucks in the United States helped profit fall 93 percent to $17 million from $234 million a year earlier. Read more..

By BLOOMBERG NEWS - The New York Times

Senate Bill on Finance to Include Agency That Tracks Financial Risk

The main purpose of the agency, sometimes referred to as the National Institute of Finance, would be to flag problems in the industry before they spread and threaten the wider economy. Read more..

By EDWARD WYATT and SEWELL CHAN - The New York Times

TARP Panel Finds Fault With GMAC Bailouts

A report to be released Thursday questions the Bush administration’s decision to rescue “a company that apparently posed no systemic risk to the financial system.” Read more..

By SEWELL CHAN - The New York Times

Tricks to Keep Your Device’s Battery Going and Going

Smartphone and laptop batteries may seem like cruel masters when they threaten to lose power, but you have more control than you may think. Read more..

By ERIC A. TAUB - The New York Times

Unexpectedly, EMI Moves to Replace Top Executive

Charles Allen was named executive chairman of EMI Music. He replaces Elio Leoni-Sceti, who is leaving the company. Read more..

By JOSEPH PLAMBECK - The New York Times

U.S. Nears a Crossroads on Trade

The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners. Read more..

By SEWELL CHAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.4916.5516.3216.4864.9M
Cisco SystemsCSCO25.7925.9825.7225.9737.3M
Wells Fargo & Co.WFC29.5329.7629.2429.7632.1M
JPMorgan ChaseJPM42.9143.2042.8043.1830.1M
Oracle Corp.ORCL24.8025.2524.8025.1424.2M
AT&T Inc.T25.4225.6025.3025.6021.8M
Bristol-Myers SquibbBMY25.6026.0125.4725.9615.9M
Home DepotHD31.5832.2231.5232.1315.3M
UnitedHealth GroupUNH33.0933.5632.9433.5014.7M
Abbott LaboratoriesABT55.0455.5554.8555.5411.9M
Verizon CommunicationsVZ29.7429.8529.6029.8411.7M
Walt Disney & Co.DIS33.3233.8133.1233.8111.4M
Wal-Mart StoresWMT53.6453.9953.5353.9710.7M
Procter & GamblePG62.7663.1862.5163.1710M
Johnson & JohnsonJNJ64.1564.2263.6064.229.96M
HP Inc.HPQ51.7452.0351.3852.029.57M
Gilead SciencesGILD47.1147.3246.6347.109.14M
International Business MachinesIBM125.71127.81125.71127.607.92M
Union PacificUNP71.3872.5271.3372.505.8M
Berkshire HathawayBRK.B81.7482.3981.4182.365.53M
United TechnologiesUTX71.9572.0471.2672.044.98M
Exchange Rates of March 11, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.480 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.024 CAD1 CAD = 0.976 USD
US DollarSwiss Franc1 USD = 1.068 CHF1 CHF = 0.936 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 123.770 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.908 GBP1 GBP = 1.101 EUR
EuroAustralian Dollar1 EUR = 1.495 AUD1 AUD = 0.669 EUR
EuroCanadian Dollar1 EUR = 1.401 CAD1 CAD = 0.714 EUR
EuroSwiss Franc1 EUR = 1.461 CHF1 CHF = 0.684 EUR
EuroChinese Yuan1 EUR = 9.339 CNY1 CNY = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.733 GBP1 GBP = 1.364 JPY
Japanese YenAustralian Dollar1 JPY = 1.207 AUD1 AUD = 0.829 JPY
Japanese YenCanadian Dollar1 JPY = 1.131 CAD1 CAD = 0.884 JPY
Japanese YenSwiss Franc1 JPY = 1.181 CHF1 CHF = 0.847 JPY
Pound SterlingAustralian Dollar1 GBP = 1.645 AUD1 AUD = 0.608 GBP
Pound SterlingCanadian Dollar1 GBP = 1.542 CAD1 CAD = 0.648 GBP
Pound SterlingSwiss Franc1 GBP = 1.609 CHF1 CHF = 0.622 GBP
Pound SterlingChinese Yuan1 GBP = 10.274 CNY1 CNY = 0.097 GBP
Australian DollarCanadian Dollar1 AUD = 0.937 CAD1 CAD = 1.067 AUD
Australian DollarSwiss Franc1 AUD = 0.978 CHF1 CHF = 1.023 AUD
Australian DollarChinese Yuan1 AUD = 6.249 CNY1 CNY = 0.160 AUD
Canadian DollarSwiss Franc1 CAD = 1.043 CHF1 CHF = 0.959 CAD
Canadian DollarChinese Yuan1 CAD = 6.666 CNY1 CNY = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 6.390 CNY1 CNY = 0.156 CHF

See what else happened on March 11, 2010