Financial news on May 11th, 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

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.8217.9917.6517.78129M
IntelINTC23.2923.6323.2023.4185.8M
MicrosoftMSFT25.6525.6625.2125.3678.6M
PfizerPFE20.7720.8420.5220.6143M
General ElectricGE20.2120.4120.0020.0938.5M
Walt Disney & Co.DIS42.1142.5841.1141.5238.5M
JPMorgan ChaseJPM45.0245.0444.1144.2331.5M
Wells Fargo & Co.WFC28.4628.6228.0328.1628.5M
ExxonMobilXOM82.5182.6980.4481.1224.2M
Oracle Corp.ORCL35.5335.7034.7234.9820.9M
AT&T Inc.T31.6231.7431.2331.3820.2M
Johnson & JohnsonJNJ66.3266.7465.8166.5720M
ComcastCMCSA25.6625.7025.1525.5119.1M
HP Inc.HPQ41.4841.5640.7641.0616.9M
Abbott LaboratoriesABT52.9053.3552.8453.0516M
ConocoPhillipsCOP74.0774.1972.0372.5213.3M
SchlumbergerSLB84.2784.2780.8382.2512.7M
AppleAAPL349.02350.00345.24347.2312M
MerckMRK36.7736.9536.4736.6311.9M
Gilead SciencesGILD41.1541.1840.3140.7711.5M
Verizon CommunicationsVZ37.5937.6837.0137.2611.4M
Bristol-Myers SquibbBMY28.5428.8828.5328.7610.3M
ChevronCVX103.27103.46101.25102.2610.2M
Home DepotHD37.0137.3436.9237.239.59M
Wal-Mart StoresWMT55.1155.6155.0455.179.42M
Procter & GamblePG65.7966.1265.6565.929.18M
General MotorsGM31.5731.8631.1131.309.07M
AmgenAMGN58.5059.2058.0558.867.2M
AltriaMO27.1827.2727.0027.066.83M
UnitedHealth GroupUNH50.5050.6049.5250.026.2M
PepsicoPEP69.8570.7869.8070.206.17M
Coca-ColaKO67.2967.6766.9067.325.61M
AmazonAMZN203.12205.50202.25204.384.81M
AlphabetGOOGL540.14543.55533.69535.454.67M
International Business MachinesIBM170.30170.52167.82169.504.66M
VisaV80.2280.2578.9579.344.42M
McDonald'sMCD79.6879.9779.1779.514.3M
United TechnologiesUTX89.8990.1889.3189.524.18M
BoeingBA79.6479.8078.7379.083.85M
Berkshire HathawayBRK.B80.9581.1479.9480.103.81M
3MMMM95.7796.0094.4495.523.46M
Union PacificUNP104.25104.38101.99102.462.19M
Exchange Rates of May 11th, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 81.160 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 0.961 CAD1 CAD = 1.041 USD
US DollarSwiss Franc1 USD = 0.886 CHF1 CHF = 1.128 USD
US DollarChinese Yuan1 USD = 6.493 CNY1 CNY = 0.154 USD
EuroJapanese Yen1 EUR = 115.240 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.868 GBP1 GBP = 1.152 EUR
EuroAustralian Dollar1 EUR = 1.326 AUD1 AUD = 0.754 EUR
EuroCanadian Dollar1 EUR = 1.364 CAD1 CAD = 0.733 EUR
EuroSwiss Franc1 EUR = 1.259 CHF1 CHF = 0.794 EUR
EuroChinese Yuan1 EUR = 9.218 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.753 GBP1 GBP = 1.328 JPY
Japanese YenAustralian Dollar1 JPY = 1.150 AUD1 AUD = 0.869 JPY
Japanese YenCanadian Dollar1 JPY = 1.183 CAD1 CAD = 0.846 JPY
Japanese YenSwiss Franc1 JPY = 1.092 CHF1 CHF = 0.916 JPY
Pound SterlingAustralian Dollar1 GBP = 1.528 AUD1 AUD = 0.655 GBP
Pound SterlingCanadian Dollar1 GBP = 1.571 CAD1 CAD = 0.637 GBP
Pound SterlingSwiss Franc1 GBP = 1.450 CHF1 CHF = 0.690 GBP
Pound SterlingChinese Yuan1 GBP = 10.619 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 1.028 CAD1 CAD = 0.973 AUD
Australian DollarSwiss Franc1 AUD = 0.949 CHF1 CHF = 1.054 AUD
Australian DollarChinese Yuan1 AUD = 6.950 CNY1 CNY = 0.144 AUD
Canadian DollarSwiss Franc1 CAD = 0.923 CHF1 CHF = 1.084 CAD
Canadian DollarChinese Yuan1 CAD = 6.758 CNY1 CNY = 0.148 CAD
Swiss FrancChinese Yuan1 CHF = 7.322 CNY1 CNY = 0.137 CHF

See what else happened on May 11th, 2011