Financial news on March 12th, 2009

Business and Financial news
Google’s Free Phone Manager Could Threaten a Variety of Services

The new feature could take revenue from telephone companies, eBay and a string of technology start-up firms. Read more..

By MIGUEL HELFT - The New York Times

Tax Havens Likely to Be Target of G-20 Nations

Nations like Switzerland and Luxembourg, long considered tax havens, are coming under increasing pressure by European officials to divulge more information on potential tax evaders. Read more..

By MATTHEW SALTMARSH - The New York Times

U.A.W. Deal With Ford Cuts Hourly Rate to $55

The automaker said that its new agreement with the union would eventually bring its labor costs in line with what foreign competitors pay their U.S. workers. Read more..

By NICK BUNKLEY - The New York Times

Untangling the Madoff Case

As Bernard Madoff enters his plea, many questions remain unanswered about his crimes. Diana B. Henriques analyzes the case. Read more..

Kassie Bracken - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE8.739.788.439.57355M
Wells Fargo & Co.WFC11.5314.0111.3613.95194M
JPMorgan ChaseJPM20.2123.3320.0023.20152M
PfizerPFE13.2414.1412.9414.02112M
MicrosoftMSFT17.0117.0416.4817.0193.7M
IntelINTC14.2214.6013.8814.5284.8M
Cisco SystemsCSCO15.0015.5114.7715.5149.6M
ExxonMobilXOM66.0167.4965.7267.1540.4M
AT&T Inc.T23.4924.4323.2824.3540M
MerckMRK21.8624.0921.6624.0338.4M
ConocoPhillipsCOP38.0238.3836.1637.3933.6M
AppleAAPL92.9796.5892.0096.3527.4M
Oracle Corp.ORCL15.3515.6815.0815.6327.4M
Abbott LaboratoriesABT44.3647.2844.1046.6527.2M
Wal-Mart StoresWMT47.8749.1247.3248.9425.1M
HP Inc.HPQ28.5029.4528.0629.3424M
Bristol-Myers SquibbBMY19.4820.8719.3320.7823M
Verizon CommunicationsVZ27.4428.1627.3028.1422.5M
Gilead SciencesGILD41.0144.6240.6244.4319.7M
AltriaMO16.0716.3915.8316.3019.5M
Home DepotHD19.6520.4519.2820.3317.5M
Walt Disney & Co.DIS16.8017.4916.5717.4316.8M
SchlumbergerSLB38.6740.0137.3339.9616.6M
Johnson & JohnsonJNJ47.7249.3247.3349.0016.3M
ChevronCVX61.7163.5161.1463.4015.6M
UnitedHealth GroupUNH19.0320.6018.8620.4115.5M
McDonald'sMCD51.0352.4350.5152.1715.3M
ComcastCMCSA12.3112.9812.1212.9214.8M
Procter & GamblePG44.8945.9044.5245.7813.7M
Coca-ColaKO39.5840.8639.3540.8412.7M
International Business MachinesIBM88.5990.6087.4990.4011.8M
AmazonAMZN68.3569.8767.2569.5811.3M
VisaV51.3054.0950.2754.0910.8M
AmgenAMGN47.4250.6447.1750.2710.5M
AlphabetGOOGL317.54325.00313.65323.5310M
PepsicoPEP47.2848.4147.0748.298.26M
United TechnologiesUTX40.5041.9940.0041.807.69M
3MMMM47.0548.0246.1248.006.2M
BoeingBA33.0133.7532.3933.636.13M
Union PacificUNP36.4137.5735.5437.275.3M
Berkshire HathawayBRK.B2720.002890.002625.002780.5055.8K
Exchange Rates of March 12th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97.600 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.278 CAD1 CAD = 0.783 USD
US DollarSwiss Franc1 USD = 1.186 CHF1 CHF = 0.843 USD
US DollarChinese Yuan1 USD = 6.838 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 126.000 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.926 GBP1 GBP = 1.080 EUR
EuroAustralian Dollar1 EUR = 1.968 AUD1 AUD = 0.508 EUR
EuroCanadian Dollar1 EUR = 1.649 CAD1 CAD = 0.606 EUR
EuroSwiss Franc1 EUR = 1.532 CHF1 CHF = 0.653 EUR
EuroChinese Yuan1 EUR = 8.836 CNY1 CNY = 0.113 EUR
Japanese YenPound Sterling1 JPY = 0.735 GBP1 GBP = 1.360 JPY
Japanese YenAustralian Dollar1 JPY = 1.562 AUD1 AUD = 0.640 JPY
Japanese YenCanadian Dollar1 JPY = 1.309 CAD1 CAD = 0.764 JPY
Japanese YenSwiss Franc1 JPY = 1.216 CHF1 CHF = 0.823 JPY
Pound SterlingAustralian Dollar1 GBP = 2.124 AUD1 AUD = 0.471 GBP
Pound SterlingCanadian Dollar1 GBP = 1.781 CAD1 CAD = 0.561 GBP
Pound SterlingSwiss Franc1 GBP = 1.653 CHF1 CHF = 0.605 GBP
Pound SterlingChinese Yuan1 GBP = 9.521 CNY1 CNY = 0.105 GBP
Australian DollarCanadian Dollar1 AUD = 0.838 CAD1 CAD = 1.193 AUD
Australian DollarSwiss Franc1 AUD = 0.778 CHF1 CHF = 1.286 AUD
Australian DollarChinese Yuan1 AUD = 4.489 CNY1 CNY = 0.223 AUD
Canadian DollarSwiss Franc1 CAD = 0.928 CHF1 CHF = 1.077 CAD
Canadian DollarChinese Yuan1 CAD = 5.351 CNY1 CNY = 0.187 CAD
Swiss FrancChinese Yuan1 CHF = 5.767 CNY1 CNY = 0.173 CHF

See what else happened on March 12th, 2009