Financial news on May 11, 2011

Business and Financial news
A Camera That Honors the Flip

Casio calls the simple-to-operate Tryx “the Flip of still cameras” in tribute to the now-defunct pocket camcorder. Read more..

By DAVID POGUE - The New York Times

A Social Networking Device for Smokers

Blu, the maker of electronic cigarettes, has developed sensors that will let users know when other e-smokers are nearby. Read more..

By JOSHUA BRUSTEIN - The New York Times

Bringing the Mall of America Magic to New Jersey

Triple Five Group of Canada plans to invest $1 billion in American [email protected] in New Jersey, hoping to replicate its success at the Mall of America in Minnesota. Read more..

By TERRY PRISTIN - The New York Times

For Microsoft, Skype Opens Vast New Market in Telecom

In agreeing to pay $8.5 billion to buy Skype, Microsoft is embracing a technology that is transforming the way people communicate at home and at work. Read more..

By STEVE LOHR - The New York Times

G.M. to Spend $2 Billion in Hiring and to Upgrade U.S. Plants

The company said its plans to upgrade 17 plants in eight states would create or save more than 4,000 jobs. Read more..

By BILL VLASIC - The New York Times

Luster Dims For a Public Microlender

SKS Microfinance last week reported its first loss as a public company as loan repayments fell. Read more..

By VIKAS BAJAJ - The New York Times

Prices of Imported Goods Increase as the Dollar Declines

Prices rose 2.2 percent in April and 11 percent from a year ago, more than analysts had expected. Read more..

By BLOOMBERG NEWS - The New York Times

Skype Deal Is Unlikely to Pay Off for Microsoft

The purchase has potential advantages, but Microsoft has a poor record on mergers and acquisitions and is paying a high price. Read more..

By RICHARD BEALES and AGNES T. CRANE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 17.82 17.99 17.65 17.78 129M
Intel INTC 23.29 23.63 23.20 23.41 85.8M
Microsoft MSFT 25.65 25.66 25.21 25.36 78.6M
Pfizer PFE 20.77 20.84 20.52 20.61 43M
General Electric GE 20.21 20.41 20.00 20.09 38.5M
Walt Disney & Co. DIS 42.11 42.58 41.11 41.52 38.5M
JPMorgan Chase JPM 45.02 45.04 44.11 44.23 31.5M
Wells Fargo & Co. WFC 28.46 28.62 28.03 28.16 28.5M
ExxonMobil XOM 82.51 82.69 80.44 81.12 24.2M
Oracle Corp. ORCL 35.53 35.70 34.72 34.98 20.9M
AT&T Inc. T 31.62 31.74 31.23 31.38 20.2M
Johnson & Johnson JNJ 66.32 66.74 65.81 66.57 20M
Comcast CMCSA 25.66 25.70 25.15 25.51 19.1M
HP Inc. HPQ 41.48 41.56 40.76 41.06 16.9M
Abbott Laboratories ABT 52.90 53.35 52.84 53.05 16M
ConocoPhillips COP 74.07 74.19 72.03 72.52 13.3M
Schlumberger SLB 84.27 84.27 80.83 82.25 12.7M
Apple AAPL 349.02 350.00 345.24 347.23 12M
Merck MRK 36.77 36.95 36.47 36.63 11.9M
Gilead Sciences GILD 41.15 41.18 40.31 40.77 11.5M
Verizon Communications VZ 37.59 37.68 37.01 37.26 11.4M
Bristol-Myers Squibb BMY 28.54 28.88 28.53 28.76 10.3M
Chevron CVX 103.27 103.46 101.25 102.26 10.2M
Home Depot HD 37.01 37.34 36.92 37.23 9.59M
Wal-Mart Stores WMT 55.11 55.61 55.04 55.17 9.42M
Procter & Gamble PG 65.79 66.12 65.65 65.92 9.18M
General Motors GM 31.57 31.86 31.11 31.30 9.07M
Amgen AMGN 58.50 59.20 58.05 58.86 7.2M
Altria MO 27.18 27.27 27.00 27.06 6.83M
UnitedHealth Group UNH 50.50 50.60 49.52 50.02 6.2M
Pepsico PEP 69.85 70.78 69.80 70.20 6.17M
Coca-Cola KO 67.29 67.67 66.90 67.32 5.61M
Amazon AMZN 203.12 205.50 202.25 204.38 4.81M
Alphabet GOOGL 540.14 543.55 533.69 535.45 4.67M
International Business Machines IBM 170.30 170.52 167.82 169.50 4.66M
Visa V 80.22 80.25 78.95 79.34 4.42M
McDonald's MCD 79.68 79.97 79.17 79.51 4.3M
United Technologies UTX 89.89 90.18 89.31 89.52 4.18M
Boeing BA 79.64 79.80 78.73 79.08 3.85M
Berkshire Hathaway BRK.B 80.95 81.14 79.94 80.10 3.81M
3M MMM 95.77 96.00 94.44 95.52 3.46M
Union Pacific UNP 104.25 104.38 101.99 102.46 2.19M
Exchange Rates of May 11, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.160 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.961 CAD 1 CAD = 1.041 USD
US Dollar Swiss Franc 1 USD = 0.886 CHF 1 CHF = 1.128 USD
US Dollar Chinese Yuan 1 USD = 6.493 CNY 1 CNY = 0.154 USD
Euro Japanese Yen 1 EUR = 115.240 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.868 GBP 1 GBP = 1.152 EUR
Euro Australian Dollar 1 EUR = 1.326 AUD 1 AUD = 0.754 EUR
Euro Canadian Dollar 1 EUR = 1.364 CAD 1 CAD = 0.733 EUR
Euro Swiss Franc 1 EUR = 1.259 CHF 1 CHF = 0.794 EUR
Euro Chinese Yuan 1 EUR = 9.218 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.753 GBP 1 GBP = 1.328 JPY
Japanese Yen Australian Dollar 1 JPY = 1.150 AUD 1 AUD = 0.869 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.183 CAD 1 CAD = 0.846 JPY
Japanese Yen Swiss Franc 1 JPY = 1.092 CHF 1 CHF = 0.916 JPY
Pound Sterling Australian Dollar 1 GBP = 1.528 AUD 1 AUD = 0.655 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.571 CAD 1 CAD = 0.637 GBP
Pound Sterling Swiss Franc 1 GBP = 1.450 CHF 1 CHF = 0.690 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.619 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.028 CAD 1 CAD = 0.973 AUD
Australian Dollar Swiss Franc 1 AUD = 0.949 CHF 1 CHF = 1.054 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.950 CNY 1 CNY = 0.144 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.923 CHF 1 CHF = 1.084 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.758 CNY 1 CNY = 0.148 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.322 CNY 1 CNY = 0.137 CHF

See what else happened on May 11, 2011