Financial news on April 15, 2010

Business and Financial news
A Program to Certify Electronic Waste Recycling Rivals an Industry-U.S. Plan

The system would effectively ban recyclers from exporting toxic, nonfunctional discarded electronic devices to developing nations. Read more..

By TOM ZELLER Jr - The New York Times

Carlyle Said to Shop United Components

The Carlyle Group is shopping United Components and has tapped Goldman Sachs to help it find a buyer for the auto-parts maker, Bloomberg News reported, citing three people familiar with the plans. Read more..

By DEALBOOK - The New York Times

Credit Suisse Hires Proxy-Fight Expert

Credit Suisse has hired Chris Young, the director of mergers and acquisitions and proxy-fight research at Institutional Shareholder Services, to head the investment bank’s takeover defense practice. Read more..

By CYRUS SANATI - The New York Times

John Malone Back in Europe and Looking to Buy

Two decades ago 69-year-old billionaire, John Malone, tried and failed to replicate his U.S. cable TV success in Europe by buying up and consolidating local carriers. Now, undeterred by losses in his international operations in 14 of the past 16 years, including in 2009, he’s ready to try again, Bloomberg News reported. Read more..

By DEALBOOK - The New York Times

PC Sales Are on Course for Big Increase in 2010

After Intel’s positive first-quarter results, analysts say the PC market could grow by as much as 25 percent this year. Read more..

By ASHLEE VANCE - The New York Times

P.I.C.C.’s Chief Says A.I.G. Is Committed to Its Stake

The American International Group remains a long-term investor in the People’s Insurance Company of China, China’s top non-life insurer said on Thursday, even as the embattled U.S. firm unwinds its holdings in other assets to repay the U.S. government, Reuters reported. Read more..

By DEALBOOK - The New York Times

Support Voiced for Plan to Increase S.E.C. Budget

Senator Charles E. Schumer and Mary L. Schapiro, the S.E.C.’s chairwoman, joined with four of her predecessors to urge passage of the proposal. Read more..

By CYRUS SANATI - The New York Times

The Making of the iPad Town Hall Video

What looked like a live video chat with 20 people was actually a bunch of individual QuickTime movies, placed on the screen in a grid and playing back simultaneously. Still, pretty cool. Read more..

By DAVID POGUE - The New York Times

UBS Shareholders Voice Opposition to Bonuses

Far fewer UBS shareholders voted at the annual shareholders’ meeting to back last year’s compensation decisions. Read more..

By JULIA WERDIGIER - International Herald Tribune

Wall St. Must Recover Before N.Y.C. Can, Economists Say

The recession may be ending in the New York metropolitan area, but if history is any guide, no substantial recovery can begin until Wall Street stops shedding jobs and starts hiring again. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 23,83 24,37 23,80 24,22 111M
General Electric GE 19,45 19,69 19,37 19,50 103M
Pfizer PFE 17,05 17,16 16,96 16,99 59.6M
Microsoft MSFT 30,82 30,95 30,71 30,87 52.7M
Wells Fargo & Co. WFC 33,23 33,89 33,12 33,51 47.9M
Cisco Systems CSCO 27,00 27,25 26,95 27,21 47M
JPMorgan Chase JPM 47,65 48,20 47,49 47,81 45.4M
Verizon Communications VZ 29,84 29,84 29,50 29,54 28.9M
AT&T Inc. T 26,16 26,30 26,04 26,24 28M
UnitedHealth Group UNH 31,07 31,30 30,08 30,63 25.3M
Oracle Corp. ORCL 26,29 26,40 26,14 26,20 23.8M
Comcast CMCSA 18,93 19,00 18,70 18,86 22.2M
Merck MRK 36,22 36,50 35,96 36,04 20.8M
Bristol-Myers Squibb BMY 25,64 25,64 25,30 25,34 18.5M
Home Depot HD 34,94 35,15 34,74 35,14 18M
Wal-Mart Stores WMT 54,15 54,36 53,92 54,13 17.7M
ExxonMobil XOM 68,50 68,72 68,15 68,26 16.7M
Abbott Laboratories ABT 52,31 52,45 52,07 52,36 15M
ConocoPhillips COP 56,89 57,49 56,66 57,06 14.6M
HP Inc. HPQ 54,20 54,31 53,55 54,23 14.1M
Alphabet GOOGL 592,17 597,84 588,29 595,30 13.5M
Apple AAPL 245,78 249,03 245,51 248,92 13.5M
Procter & Gamble PG 63,03 63,14 62,72 63,00 11.3M
Coca-Cola KO 54,76 54,77 54,13 54,26 10.2M
Chevron CVX 80,61 81,76 80,51 81,59 9.7M
Walt Disney & Co. DIS 36,08 36,51 35,86 36,40 9.19M
Gilead Sciences GILD 45,94 46,18 45,20 45,32 8.79M
Johnson & Johnson JNJ 65,29 65,54 65,13 65,51 8.66M
Altria MO 21,08 21,12 21,00 21,10 8.29M
Amazon AMZN 144,55 147,09 144,00 145,82 7.83M
International Business Machines IBM 130,53 131,14 130,19 130,89 6.43M
Schlumberger SLB 67,01 67,50 66,68 67,21 6M
Pepsico PEP 65,97 66,50 65,80 66,27 5.97M
Visa V 94,36 95,26 93,93 94,45 5.16M
McDonald's MCD 69,31 69,49 68,97 69,16 4.77M
Amgen AMGN 60,87 61,07 60,45 60,64 4.64M
3M MMM 84,14 85,00 83,93 85,00 4.54M
Berkshire Hathaway BRK.B 80,78 80,80 79,80 80,07 3.91M
United Technologies UTX 73,89 74,72 73,76 74,61 3.36M
Boeing BA 71,34 72,61 71,34 72,09 2.94M
Union Pacific UNP 77,08 77,60 76,82 77,11 2.74M
Exchange Rates of April 15, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 93,070 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,002 CAD 1 CAD = 0,998 USD
US Dollar Swiss Franc 1 USD = 1,055 CHF 1 CHF = 0,948 USD
US Dollar Chinese Yuan 1 USD = 6,827 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 126,410 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,878 GBP 1 GBP = 1,139 EUR
Euro Australian Dollar 1 EUR = 1,452 AUD 1 AUD = 0,689 EUR
Euro Canadian Dollar 1 EUR = 1,360 CAD 1 CAD = 0,735 EUR
Euro Swiss Franc 1 EUR = 1,434 CHF 1 CHF = 0,697 EUR
Euro Chinese Yuan 1 EUR = 9,273 CNY 1 CNY = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,694 GBP 1 GBP = 1,441 JPY
Japanese Yen Australian Dollar 1 JPY = 1,149 AUD 1 AUD = 0,870 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,076 CAD 1 CAD = 0,929 JPY
Japanese Yen Swiss Franc 1 JPY = 1,134 CHF 1 CHF = 0,882 JPY
Pound Sterling Australian Dollar 1 GBP = 1,655 AUD 1 AUD = 0,604 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,550 CAD 1 CAD = 0,645 GBP
Pound Sterling Swiss Franc 1 GBP = 1,633 CHF 1 CHF = 0,612 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,561 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,936 CAD 1 CAD = 1,068 AUD
Australian Dollar Swiss Franc 1 AUD = 0,987 CHF 1 CHF = 1,014 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,379 CNY 1 CNY = 0,157 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,053 CHF 1 CHF = 0,949 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,812 CNY 1 CNY = 0,147 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,464 CNY 1 CNY = 0,155 CHF

See what else happened on April 15, 2010