Financial news on April 14, 2010
Business and Financial news
Wall Street traders took in the first batch of quarterly earnings reports on Tuesday, but nobody seemed quite sure what to make of the numbers, The New York Times reports. Read more..
A clinically tested program, in which losing 5 percent of body weight cut the risk of Type 2 diabetes by more than half, will be expanded to Y.M.C.A.’s in seven cities. Read more..
Senator Blanche Lincoln said she would introduce a bill requiring centralized exchange for trading of all derivative contracts. Read more..
Some companies are getting ahead of the due date of their debt by refinancing now, while investors are eager. Read more..
Senator Mitch McConnell and Republicans criticized a bill as arrogant, but Democrats accused Republicans of trying to prevent tougher policing of Wall Street. Read more..
A German economist plans to launch a legal challenge at the Constitutional Court against the euro zone aid package for Greece agreed by finance ministers at the weekend, a German newspaper reported. Read more..
The venture, including NBC, Fox and others, said they would contribute broadcast spectrum for a national service. Read more..
Shares of Palm climbed as much as 10 percent on Wednesday after Harbringer Capital Partners disclosed that it had acquired a 9.5 percent stake in the company. But Palm later gave up much of its earlier gains. Read more..
George Soros, the billionaire financier, called for the “oligopoly” formed by the four biggest U.S. banks “to be broken up,” Bloomberg News reported. Read more..
Wall Street is hiring again, with those most in demand including traders of exotic financial investments such as derivatives, and risk managers whose job it is to keep companies from repeating the reckless bets that nearly toppled the financial system 18 months ago, The Associated Press reported. Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||32.46||33.42||32.35||33.28||54.4M|
|Johnson & Johnson||JNJ||65.43||65.60||65.18||65.49||10.5M|
|Walt Disney & Co.||DIS||35.89||36.21||35.77||36.20||9.27M|
|International Business Machines||IBM||129.73||131.42||129.46||131.25||8.55M|
|Procter & Gamble||PG||62.92||63.23||62.71||63.19||7.69M|
Exchange Rates of April 14, 2010
|US Dollar||Japanese Yen||1 USD = 93.260 JPY||1 JPY = 0.011 USD|
|US Dollar||Canadian Dollar||1 USD = 0.999 CAD||1 CAD = 1.001 USD|
|US Dollar||Swiss Franc||1 USD = 1.052 CHF||1 CHF = 0.951 USD|
|US Dollar||Chinese Yuan||1 USD = 6.827 CNY||1 CNY = 0.146 USD|
|Euro||Japanese Yen||1 EUR = 127.310 JPY||1 JPY = 0.008 EUR|
|Euro||Pound Sterling||1 EUR = 0.882 GBP||1 GBP = 1.133 EUR|
|Euro||Australian Dollar||1 EUR = 1.459 AUD||1 AUD = 0.685 EUR|
|Euro||Canadian Dollar||1 EUR = 1.363 CAD||1 CAD = 0.734 EUR|
|Euro||Swiss Franc||1 EUR = 1.436 CHF||1 CHF = 0.697 EUR|
|Euro||Chinese Yuan||1 EUR = 9.319 CNY||1 CNY = 0.107 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.693 GBP||1 GBP = 1.443 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.146 AUD||1 AUD = 0.873 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.071 CAD||1 CAD = 0.934 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.128 CHF||1 CHF = 0.887 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1.653 AUD||1 AUD = 0.605 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.544 CAD||1 CAD = 0.648 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.626 CHF||1 CHF = 0.615 GBP|
|Pound Sterling||Chinese Yuan||1 GBP = 10.546 CNY||1 CNY = 0.095 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.934 CAD||1 CAD = 1.071 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.983 CHF||1 CHF = 1.017 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 6.386 CNY||1 CNY = 0.157 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 1.053 CHF||1 CHF = 0.950 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 6.834 CNY||1 CNY = 0.146 CAD|
|Swiss Franc||Chinese Yuan||1 CHF = 6.488 CNY||1 CNY = 0.154 CHF|