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

Stock Ticker symbol Open High Low Close Volume
General Electric GE 16.49 16.55 16.32 16.48 64.9M
Intel INTC 21.14 21.27 20.99 21.25 53.8M
Pfizer PFE 17.12 17.32 17.10 17.29 48.8M
Cisco Systems CSCO 25.79 25.98 25.72 25.97 37.3M
Microsoft MSFT 28.89 29.19 28.85 29.18 35.3M
Wells Fargo & Co. WFC 29.53 29.76 29.24 29.76 32.1M
JPMorgan Chase JPM 42.91 43.20 42.80 43.18 30.1M
Oracle Corp. ORCL 24.80 25.25 24.80 25.14 24.2M
AT&T Inc. T 25.42 25.60 25.30 25.60 21.8M
ExxonMobil XOM 67.39 67.56 66.98 67.22 19.4M
Bristol-Myers Squibb BMY 25.60 26.01 25.47 25.96 15.9M
Home Depot HD 31.58 32.22 31.52 32.13 15.3M
Merck MRK 36.35 36.95 36.10 36.88 15.3M
UnitedHealth Group UNH 33.09 33.56 32.94 33.50 14.7M
Coca-Cola KO 53.78 53.78 53.00 53.60 14.6M
Apple AAPL 223.91 225.50 223.32 225.50 14.5M
Visa V 90.97 93.28 90.80 92.74 13.8M
Altria MO 20.48 20.58 20.18 20.37 13M
Abbott Laboratories ABT 55.04 55.55 54.85 55.54 11.9M
Verizon Communications VZ 29.74 29.85 29.60 29.84 11.7M
Walt Disney & Co. DIS 33.32 33.81 33.12 33.81 11.4M
Wal-Mart Stores WMT 53.64 53.99 53.53 53.97 10.7M
Comcast CMCSA 17.42 17.57 17.29 17.57 10.5M
ConocoPhillips COP 51.47 51.51 50.95 51.30 10.2M
Procter & Gamble PG 62.76 63.18 62.51 63.17 10M
Johnson & Johnson JNJ 64.15 64.22 63.60 64.22 9.96M
HP Inc. HPQ 51.74 52.03 51.38 52.02 9.57M
Gilead Sciences GILD 47.11 47.32 46.63 47.10 9.14M
Alphabet GOOGL 574.26 586.21 574.20 581.14 8.46M
Schlumberger SLB 64.06 64.19 63.35 63.90 8.02M
International Business Machines IBM 125.71 127.81 125.71 127.60 7.92M
Pepsico PEP 64.20 65.00 63.90 64.97 7.54M
Boeing BA 70.08 70.43 69.15 70.07 7.29M
Amazon AMZN 130.45 133.62 130.36 133.58 7.24M
Chevron CVX 74.07 74.09 73.55 73.99 7.02M
Union Pacific UNP 71.38 72.52 71.33 72.50 5.8M
Berkshire Hathaway BRK.B 81.74 82.39 81.41 82.36 5.53M
United Technologies UTX 71.95 72.04 71.26 72.04 4.98M
McDonald's MCD 64.80 65.21 64.67 65.21 4.35M
Amgen AMGN 57.43 57.74 57.08 57.49 4.35M
3M MMM 81.26 81.54 80.51 81.26 4.05M
Exchange Rates of March 11, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.480 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.024 CAD 1 CAD = 0.976 USD
US Dollar Swiss Franc 1 USD = 1.068 CHF 1 CHF = 0.936 USD
US Dollar Chinese Yuan 1 USD = 6.828 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 123.770 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.908 GBP 1 GBP = 1.101 EUR
Euro Australian Dollar 1 EUR = 1.495 AUD 1 AUD = 0.669 EUR
Euro Canadian Dollar 1 EUR = 1.401 CAD 1 CAD = 0.714 EUR
Euro Swiss Franc 1 EUR = 1.461 CHF 1 CHF = 0.684 EUR
Euro Chinese Yuan 1 EUR = 9.339 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.733 GBP 1 GBP = 1.364 JPY
Japanese Yen Australian Dollar 1 JPY = 1.207 AUD 1 AUD = 0.829 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.131 CAD 1 CAD = 0.884 JPY
Japanese Yen Swiss Franc 1 JPY = 1.181 CHF 1 CHF = 0.847 JPY
Pound Sterling Australian Dollar 1 GBP = 1.645 AUD 1 AUD = 0.608 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.542 CAD 1 CAD = 0.648 GBP
Pound Sterling Swiss Franc 1 GBP = 1.609 CHF 1 CHF = 0.622 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.274 CNY 1 CNY = 0.097 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.937 CAD 1 CAD = 1.067 AUD
Australian Dollar Swiss Franc 1 AUD = 0.978 CHF 1 CHF = 1.023 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.249 CNY 1 CNY = 0.160 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.043 CHF 1 CHF = 0.959 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.666 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.390 CNY 1 CNY = 0.156 CHF

See what else happened on March 11, 2010