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..
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..
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..
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..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 8.73 | 9.78 | 8.43 | 9.57 | 355M |
| Wells Fargo & Co. | WFC | 11.53 | 14.01 | 11.36 | 13.95 | 194M |
| JPMorgan Chase | JPM | 20.21 | 23.33 | 20.00 | 23.20 | 152M |
| Pfizer | PFE | 13.24 | 14.14 | 12.94 | 14.02 | 112M |
| Microsoft | MSFT | 17.01 | 17.04 | 16.48 | 17.01 | 93.7M |
| Intel | INTC | 14.22 | 14.60 | 13.88 | 14.52 | 84.8M |
| Cisco Systems | CSCO | 15.00 | 15.51 | 14.77 | 15.51 | 49.6M |
| ExxonMobil | XOM | 66.01 | 67.49 | 65.72 | 67.15 | 40.4M |
| AT&T Inc. | T | 23.49 | 24.43 | 23.28 | 24.35 | 40M |
| Merck | MRK | 21.86 | 24.09 | 21.66 | 24.03 | 38.4M |
| ConocoPhillips | COP | 38.02 | 38.38 | 36.16 | 37.39 | 33.6M |
| Apple | AAPL | 92.97 | 96.58 | 92.00 | 96.35 | 27.4M |
| Oracle Corp. | ORCL | 15.35 | 15.68 | 15.08 | 15.63 | 27.4M |
| Abbott Laboratories | ABT | 44.36 | 47.28 | 44.10 | 46.65 | 27.2M |
| Wal-Mart Stores | WMT | 47.87 | 49.12 | 47.32 | 48.94 | 25.1M |
| HP Inc. | HPQ | 28.50 | 29.45 | 28.06 | 29.34 | 24M |
| Bristol-Myers Squibb | BMY | 19.48 | 20.87 | 19.33 | 20.78 | 23M |
| Verizon Communications | VZ | 27.44 | 28.16 | 27.30 | 28.14 | 22.5M |
| Gilead Sciences | GILD | 41.01 | 44.62 | 40.62 | 44.43 | 19.7M |
| Altria | MO | 16.07 | 16.39 | 15.83 | 16.30 | 19.5M |
| Home Depot | HD | 19.65 | 20.45 | 19.28 | 20.33 | 17.5M |
| Walt Disney & Co. | DIS | 16.80 | 17.49 | 16.57 | 17.43 | 16.8M |
| Schlumberger | SLB | 38.67 | 40.01 | 37.33 | 39.96 | 16.6M |
| Johnson & Johnson | JNJ | 47.72 | 49.32 | 47.33 | 49.00 | 16.3M |
| Chevron | CVX | 61.71 | 63.51 | 61.14 | 63.40 | 15.6M |
| UnitedHealth Group | UNH | 19.03 | 20.60 | 18.86 | 20.41 | 15.5M |
| McDonald's | MCD | 51.03 | 52.43 | 50.51 | 52.17 | 15.3M |
| Comcast | CMCSA | 12.31 | 12.98 | 12.12 | 12.92 | 14.8M |
| Procter & Gamble | PG | 44.89 | 45.90 | 44.52 | 45.78 | 13.7M |
| Coca-Cola | KO | 39.58 | 40.86 | 39.35 | 40.84 | 12.7M |
| International Business Machines | IBM | 88.59 | 90.60 | 87.49 | 90.40 | 11.8M |
| Amazon | AMZN | 68.35 | 69.87 | 67.25 | 69.58 | 11.3M |
| Visa | V | 51.30 | 54.09 | 50.27 | 54.09 | 10.8M |
| Amgen | AMGN | 47.42 | 50.64 | 47.17 | 50.27 | 10.5M |
| Alphabet | GOOGL | 317.54 | 325.00 | 313.65 | 323.53 | 10M |
| Pepsico | PEP | 47.28 | 48.41 | 47.07 | 48.29 | 8.26M |
| United Technologies | UTX | 40.50 | 41.99 | 40.00 | 41.80 | 7.69M |
| 3M | MMM | 47.05 | 48.02 | 46.12 | 48.00 | 6.2M |
| Boeing | BA | 33.01 | 33.75 | 32.39 | 33.63 | 6.13M |
| Union Pacific | UNP | 36.41 | 37.57 | 35.54 | 37.27 | 5.3M |
| Berkshire Hathaway | BRK.B | 2720.00 | 2890.00 | 2625.00 | 2780.50 | 55.8K |
Exchange Rates of March 12th, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 97.600 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.278 CAD | 1 CAD = 0.783 USD |
| US Dollar | Swiss Franc | 1 USD = 1.186 CHF | 1 CHF = 0.843 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.838 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 126.000 JPY | 1 JPY = 0.008 EUR |
| Euro | Pound Sterling | 1 EUR = 0.926 GBP | 1 GBP = 1.080 EUR |
| Euro | Australian Dollar | 1 EUR = 1.968 AUD | 1 AUD = 0.508 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.649 CAD | 1 CAD = 0.606 EUR |
| Euro | Swiss Franc | 1 EUR = 1.532 CHF | 1 CHF = 0.653 EUR |
| Euro | Chinese Yuan | 1 EUR = 8.836 CNY | 1 CNY = 0.113 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.735 GBP | 1 GBP = 1.360 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.562 AUD | 1 AUD = 0.640 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.309 CAD | 1 CAD = 0.764 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.216 CHF | 1 CHF = 0.823 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.124 AUD | 1 AUD = 0.471 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.781 CAD | 1 CAD = 0.561 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.653 CHF | 1 CHF = 0.605 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 9.521 CNY | 1 CNY = 0.105 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.838 CAD | 1 CAD = 1.193 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.778 CHF | 1 CHF = 1.286 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 4.489 CNY | 1 CNY = 0.223 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.928 CHF | 1 CHF = 1.077 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 5.351 CNY | 1 CNY = 0.187 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 5.767 CNY | 1 CNY = 0.173 CHF |
See what else happened on March 12th, 2009