Financial news on May 13, 2010

Business and Financial news
Banker Says Questioning Account Had Her Fired

A former private banker at JPMorgan Chase & Company has sued the bank, claiming that she was fired after alerting superiors to possibly questionable dealings by a top client. Read more..

By DEALBOOK - The New York Times

Con-Way Gears Up for Share Sale

Con-way, the trucking company, on Wednesday said it will sell 4.3 million shares of common stock, The Associated Press reported. Read more..

By DEALBOOK - The New York Times

Disney Sells a Franchise That Mothers Didn’t Like

The media investor Haim Saban has purchased the cartoon’s rights and announced plans to refurbish the show and broadcast it on Nickelodeon. Read more..


E-Reader Applications for Today, and Beyond

Because the reading experience on book-reading apps is not significantly different, the hard choice comes down to differentiating how you select your books, and how you may one day like to use them. Read more..

By BOB TEDESCHI - The New York Times

Estonia’s Adoption of Euro Advances, Despite Concerns From Central Bank

The European Commission said the country met the criteria, as the central bank issued a critical report. Read more..

By JACK EWING - The New York Times

MGM Gets Another Debt Reprieve

Metro-Goldwyn-Mayer said that its lenders had agreed to let it skip interest and principal payments until July 14. Read more..

By DEALBOOK - The New York Times

Prudential Poised to Price $21 Billion Offering

The British insurer is raising funds to finance its $35.5 billion takeover of American International Group’s Asian life insurance arm, AIA. Read more..

By CHRIS V. NICHOLSON - The New York Times

Under-Skin Defibrillators Seen Closer to Reality

A new device delivers a jolt through a sensor implanted under a patient’s skin, but not wired to a patient’s heart. Read more..

By BARRY MEIER - The New York Times

U.S. Clears a Test of Bioengineered Trees

The controversial test is meant to see if the eucalyptus trees can become a new source of wood, as well as material for biofuels. Read more..

By ANDREW POLLACK - The New York Times

Weighing the Costs in Asian Trade Talks

Fears grow that lower tariffs on products from mainland China could hurt traditional industries in Taiwan. Read more..

By JONATHAN ADAMS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO26,0926,1025,3725,53144M
General ElectricGE18,4118,4317,9618,0564.3M
JPMorgan ChaseJPM41,4441,6040,7840,8135.3M
Wells Fargo & Co.WFC33,5033,8333,0833,0833.8M
AT&T Inc.T25,8025,9725,6225,7422.9M
Oracle Corp.ORCL24,4224,5524,2024,2422.8M
Home DepotHD35,8536,0035,1235,2720.2M
Abbott LaboratoriesABT49,1149,1148,2148,6119.1M
HP Inc.HPQ49,5450,0048,6148,7215.4M
Walt Disney & Co.DIS35,1835,5334,7434,7515.4M
Verizon CommunicationsVZ28,6928,9628,5428,6914.2M
Bristol-Myers SquibbBMY24,4024,4423,9724,0013.4M
Wal-Mart StoresWMT52,6352,9752,3652,4012.5M
Johnson & JohnsonJNJ64,8465,1664,5164,6712.3M
Procter & GamblePG62,9163,4262,7362,7511.2M
International Business MachinesIBM130,93133,10130,85131,4810.5M
Gilead SciencesGILD40,1940,3539,4339,479.59M
UnitedHealth GroupUNH30,2030,4329,9330,187.15M
United TechnologiesUTX73,1174,1172,7372,865.28M
Berkshire HathawayBRK.B77,8978,1077,1777,273.43M
Union PacificUNP76,6776,7975,6275,832.3M
Exchange Rates of May 13, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92,680 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 1,022 CAD1 CAD = 0,979 USD
US DollarSwiss Franc1 USD = 1,118 CHF1 CHF = 0,894 USD
US DollarChinese Yuan1 USD = 6,829 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 116,050 JPY1 JPY = 0,009 EUR
EuroPound Sterling1 EUR = 0,858 GBP1 GBP = 1,166 EUR
EuroAustralian Dollar1 EUR = 1,399 AUD1 AUD = 0,715 EUR
EuroCanadian Dollar1 EUR = 1,279 CAD1 CAD = 0,782 EUR
EuroSwiss Franc1 EUR = 1,401 CHF1 CHF = 0,714 EUR
EuroChinese Yuan1 EUR = 8,550 CNY1 CNY = 0,117 EUR
Japanese YenPound Sterling1 JPY = 0,739 GBP1 GBP = 1,353 JPY
Japanese YenAustralian Dollar1 JPY = 1,205 AUD1 AUD = 0,830 JPY
Japanese YenCanadian Dollar1 JPY = 1,102 CAD1 CAD = 0,908 JPY
Japanese YenSwiss Franc1 JPY = 1,207 CHF1 CHF = 0,829 JPY
Pound SterlingAustralian Dollar1 GBP = 1,631 AUD1 AUD = 0,613 GBP
Pound SterlingCanadian Dollar1 GBP = 1,491 CAD1 CAD = 0,671 GBP
Pound SterlingSwiss Franc1 GBP = 1,632 CHF1 CHF = 0,613 GBP
Pound SterlingChinese Yuan1 GBP = 9,952 CNY1 CNY = 0,100 GBP
Australian DollarCanadian Dollar1 AUD = 0,914 CAD1 CAD = 1,094 AUD
Australian DollarSwiss Franc1 AUD = 1,001 CHF1 CHF = 0,999 AUD
Australian DollarChinese Yuan1 AUD = 6,105 CNY1 CNY = 0,164 AUD
Canadian DollarSwiss Franc1 CAD = 1,095 CHF1 CHF = 0,914 CAD
Canadian DollarChinese Yuan1 CAD = 6,682 CNY1 CNY = 0,150 CAD
Swiss FrancChinese Yuan1 CHF = 6,101 CNY1 CNY = 0,164 CHF

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