Financial news on March 11, 2013

Business and Financial news
Algorithms Get a Human Hand in Steering Web

Computer algorithms are capable of trading stocks, arranging dates and winning “Jeopardy.” But increasingly, behind the curtain, there is a human helper. Read more..

By STEVE LOHR - The New York Times

Celebrities Help Unicef Turn On ‘Taps’ for Clean Water

The Unicef Tap Project intensifies its use of social media to promote fund-raising for clean drinking water for children worldwide. Read more..

By JANE L. LEVERE - The New York Times

Chairman of Sony Announces Retirement

Howard Stringer, first foreign president of Sony Corporation, will retire as chairman after a long struggle to unite the company; Stringer will be replaced by Kazuo Hirai. Read more..

By THE ASSOCIATED PRESS - The New York Times

Click for Career Enhancement

Companies such as CreativeLive and Lynda.com are offering niche online courses for professionals who want to hone specific career-oriented skills; industry has already attracted the interest of investors, who see potential for significant profits. Read more..

By NICK WINGFIELD - The New York Times

Egypt Needs Structural Help From I.M.F., Not Loans, Minister Says

An Egyptian official said the country needed help with broad structural measures from the International Monetary Fund, not stopgap financing. Read more..

By REUTERS - International Herald Tribune

Hedge Fund Manager Found and Jailed in Fraud

Italian police arrest Florian Homm, flamboyant former hedge fund manager who spent the last five years in hiding; Homm faces extradition to the United States on securities fraud charges that could expose him to a lengthy prison sentence. Read more..

By JACK EWING - The New York Times

Martha’s Brand Struggling for Right Fit

David Carr The Media Equation column investigates contract dispute between Martha Stewart Living Omnimedia, J C Penney and Macy's; notes that despite financial hardship at her company, Stewart's well-established brand remains heavily in demand by retailers. Read more..

By DAVID CARR - The New York Times

No Room for Lone Achievers

Patrick Imbardelli, chief executive of Pan Pacific Hotels Group, looks for people who can work as a team and make tough decisions. Read more..

By SONIA KOLESNIKOV-JESSOP - International Herald Tribune

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21,53 21,74 21,28 21,69 42.1M
Merck MRK 42,95 43,67 42,87 43,66 38.6M
Altria MO 34,02 34,30 34,00 34,26 37.7M
Microsoft MSFT 27,94 27,97 27,67 27,87 36.6M
Facebook FB 28,01 28,64 27,83 28,14 35.6M
General Electric GE 23,69 23,75 23,45 23,62 34.9M
Cisco Systems CSCO 21,77 21,98 21,65 21,88 29.1M
Pfizer PFE 28,16 28,31 28,10 28,25 25.5M
AT&T Inc. T 36,65 36,77 36,40 36,60 20M
JPMorgan Chase JPM 50,23 50,77 49,91 50,48 19.5M
General Motors GM 27,95 28,39 27,55 28,31 19.1M
Wells Fargo & Co. WFC 36,58 37,14 36,53 37,13 19M
Apple AAPL 429,75 439,01 425,14 437,87 16.9M
HP Inc. HPQ 20,81 21,05 20,77 21,03 14.7M
Oracle Corp. ORCL 35,70 35,98 35,64 35,88 14.1M
ExxonMobil XOM 89,01 89,55 88,54 89,16 12.5M
Verizon Communications VZ 47,86 47,98 47,55 47,81 9.54M
Coca-Cola KO 39,20 39,38 39,18 39,31 9.2M
Johnson & Johnson JNJ 77,92 78,52 77,84 78,44 8.81M
Comcast CMCSA 40,83 41,14 40,72 41,14 8.46M
Gilead Sciences GILD 45,50 45,95 45,18 45,94 7.3M
Walt Disney & Co. DIS 57,39 57,75 57,34 57,66 7.16M
Bristol-Myers Squibb BMY 37,29 37,66 37,26 37,52 6.71M
Procter & Gamble PG 77,02 77,39 76,90 77,35 6.62M
Amgen AMGN 92,66 93,36 90,87 91,44 5.7M
Wal-Mart Stores WMT 73,09 73,24 72,81 72,98 5.15M
Boeing BA 81,01 83,03 80,96 82,94 5.09M
Abbott Laboratories ABT 34,59 34,95 34,52 34,93 4.9M
Home Depot HD 71,32 71,38 71,00 71,32 4.9M
McDonald's MCD 98,46 98,89 98,28 98,89 4.85M
ConocoPhillips COP 58,41 58,60 58,08 58,44 4.73M
Chevron CVX 118,63 118,80 118,10 118,73 4.53M
Schlumberger SLB 77,57 77,86 77,12 77,78 4.38M
Pepsico PEP 77,12 77,39 76,79 76,85 4.02M
UnitedHealth Group UNH 53,83 54,64 53,75 54,21 4.01M
Berkshire Hathaway BRK.B 103,77 104,15 103,41 104,07 3.27M
Alphabet GOOGL 831,69 839,70 831,50 834,82 3.19M
International Business Machines IBM 210,04 210,20 209,04 210,08 3.05M
United Technologies UTX 92,16 93,10 91,91 92,91 2.57M
Amazon AMZN 273,43 273,99 270,40 271,24 1.9M
3M MMM 105,33 105,96 105,33 105,81 1.72M
Visa V 161,37 161,60 160,41 161,18 1.69M
Union Pacific UNP 138,77 139,99 138,73 139,69 1.28M
Exchange Rates of March 11, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 96,320 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,026 CAD 1 CAD = 0,975 USD
US Dollar Swiss Franc 1 USD = 0,947 CHF 1 CHF = 1,056 USD
US Dollar Chinese Yuan 1 USD = 6,218 CNY 1 CNY = 0,161 USD
Euro Japanese Yen 1 EUR = 125,650 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,874 GBP 1 GBP = 1,144 EUR
Euro Australian Dollar 1 EUR = 1,269 AUD 1 AUD = 0,788 EUR
Euro Canadian Dollar 1 EUR = 1,338 CAD 1 CAD = 0,747 EUR
Euro Swiss Franc 1 EUR = 1,235 CHF 1 CHF = 0,810 EUR
Euro Chinese Yuan 1 EUR = 8,088 CNY 1 CNY = 0,124 EUR
Japanese Yen Pound Sterling 1 JPY = 0,696 GBP 1 GBP = 1,438 JPY
Japanese Yen Australian Dollar 1 JPY = 1,010 AUD 1 AUD = 0,990 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,065 CAD 1 CAD = 0,939 JPY
Japanese Yen Swiss Franc 1 JPY = 0,983 CHF 1 CHF = 1,018 JPY
Pound Sterling Australian Dollar 1 GBP = 1,452 AUD 1 AUD = 0,689 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,530 CAD 1 CAD = 0,654 GBP
Pound Sterling Swiss Franc 1 GBP = 1,412 CHF 1 CHF = 0,708 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,267 CNY 1 CNY = 0,108 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,054 CAD 1 CAD = 0,949 AUD
Australian Dollar Swiss Franc 1 AUD = 0,973 CHF 1 CHF = 1,028 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,375 CNY 1 CNY = 0,157 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,923 CHF 1 CHF = 1,084 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,051 CNY 1 CNY = 0,165 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,546 CNY 1 CNY = 0,153 CHF

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