Financial news on May 14, 2009

Business and Financial news
Angry Ads Seek to Channel Consumer Outrage

Many advertisers are being unusually outspoken and provocative to reach consumers hit hard by the recession. Read more..

By STUART ELLIOTT - The New York Times

Expanding Files in iTunes

I just installed iTunes on a new computer. When I rip a CD, the tracks seem to take up more space on my hard drive than similar ones on my old computer. What might be causing that? Read more..

By J.D. BIERSDORFER - The New York Times

MGM Mirage to Sell $2.5 Billion in Stock and Bonds

The casino operator plans to use the money to reduce its $14 billion in debt and help it avert bankruptcy. Read more..

By MICHAEL J. de la MERCED - The New York Times

Personal Hotspots

The CradlePoint PHS300 Personal Hotspot may have been first to the battery-powered Wi-Fi racket — but it’s been lapped by the MiFi in size, price, battery life, simplicity and beauty. Read more..

By DAVID POGUE - The New York Times

Pot Pie Confidential

Reporter Michael Moss and Investigations Editor Christine Kay find that cooking a pot pie safely isn't easy or convenient. Read more..

Gabe Johnson - The New York Times

Trial Puts Spotlight on Merck

A class-action lawsuit over the strategies that Merck used to market its painkiller Vioxx in Australia is earning the American drug maker some bad publicity. Read more..

By NATASHA SINGER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 24.25 25.69 23.87 25.69 123M
General Electric GE 12.77 13.18 12.50 13.04 90.2M
Intel INTC 15.16 15.69 15.15 15.54 71.2M
JPMorgan Chase JPM 34.12 35.62 33.82 35.54 68.8M
Microsoft MSFT 19.83 20.23 19.80 20.06 54.5M
Pfizer PFE 15.26 15.50 15.19 15.34 48.8M
Cisco Systems CSCO 18.07 18.29 18.05 18.09 43.1M
AT&T Inc. T 25.42 25.42 24.90 24.98 30.6M
Wal-Mart Stores WMT 50.10 50.37 48.75 49.10 26.3M
Oracle Corp. ORCL 18.24 18.58 18.10 18.46 26.2M
Comcast CMCSA 15.08 15.15 14.79 14.86 22.9M
ExxonMobil XOM 69.52 70.08 65.60 69.76 21.3M
Merck MRK 25.77 26.24 25.65 26.05 20.4M
Abbott Laboratories ABT 45.47 45.56 44.62 44.63 20M
Altria MO 17.17 17.35 16.87 17.00 18.7M
Coca-Cola KO 43.92 45.17 43.91 44.90 17.3M
Apple AAPL 119.78 123.53 119.70 122.95 16M
Home Depot HD 25.02 25.16 24.48 24.53 15.8M
HP Inc. HPQ 34.41 35.07 34.10 34.93 14.7M
Bristol-Myers Squibb BMY 20.37 20.53 20.24 20.46 14.7M
Verizon Communications VZ 29.82 30.24 29.71 29.98 13.5M
ConocoPhillips COP 44.23 45.17 44.03 44.74 13M
Johnson & Johnson JNJ 55.32 55.40 54.76 55.02 12M
Walt Disney & Co. DIS 23.65 23.97 23.27 23.48 11.9M
Procter & Gamble PG 51.02 51.64 50.75 50.80 11.1M
Pepsico PEP 49.70 51.16 49.51 50.87 10.2M
Chevron CVX 67.66 68.43 67.30 67.85 10.1M
International Business Machines IBM 101.72 102.71 100.77 101.05 9.45M
Amazon AMZN 73.79 76.06 73.31 75.11 9.34M
Schlumberger SLB 53.07 54.30 52.63 53.93 9M
McDonald's MCD 53.36 54.12 53.24 53.57 8.22M
Visa V 63.98 65.10 63.51 64.52 8.22M
Amgen AMGN 48.37 49.01 48.00 48.18 6.81M
United Technologies UTX 50.80 52.05 50.75 51.51 6.68M
Gilead Sciences GILD 44.25 45.19 44.02 44.20 6.2M
UnitedHealth Group UNH 27.67 28.21 27.02 27.80 6.01M
Alphabet GOOGL 388.80 392.21 384.69 387.50 5.87M
Boeing BA 42.94 43.81 42.72 43.44 5.25M
3M MMM 57.17 58.31 57.03 57.94 4.64M
Union Pacific UNP 45.93 47.25 45.66 45.90 4.6M
Berkshire Hathaway BRK.B 2852.00 2938.00 2846.00 2919.50 27K
Exchange Rates of May 14, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 95.930 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.171 CAD 1 CAD = 0.854 USD
US Dollar Swiss Franc 1 USD = 1.104 CHF 1 CHF = 0.905 USD
US Dollar Chinese Yuan 1 USD = 6.821 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 130.790 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.896 GBP 1 GBP = 1.116 EUR
Euro Australian Dollar 1 EUR = 1.796 AUD 1 AUD = 0.557 EUR
Euro Canadian Dollar 1 EUR = 1.597 CAD 1 CAD = 0.626 EUR
Euro Swiss Franc 1 EUR = 1.506 CHF 1 CHF = 0.664 EUR
Euro Chinese Yuan 1 EUR = 9.316 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.685 GBP 1 GBP = 1.460 JPY
Japanese Yen Australian Dollar 1 JPY = 1.373 AUD 1 AUD = 0.729 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.220 CAD 1 CAD = 0.820 JPY
Japanese Yen Swiss Franc 1 JPY = 1.151 CHF 1 CHF = 0.869 JPY
Pound Sterling Australian Dollar 1 GBP = 2.004 AUD 1 AUD = 0.499 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.781 CAD 1 CAD = 0.561 GBP
Pound Sterling Swiss Franc 1 GBP = 1.680 CHF 1 CHF = 0.595 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.889 CAD 1 CAD = 1.125 AUD
Australian Dollar Swiss Franc 1 AUD = 0.838 CHF 1 CHF = 1.193 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.193 CNY 1 CNY = 0.193 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.943 CHF 1 CHF = 1.061 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.836 CNY 1 CNY = 0.171 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.184 CNY 1 CNY = 0.162 CHF

See what else happened on May 14, 2009