Financial news on May 15, 2009

Business and Financial news
Belgium: Bailout for KBC Group

The Belgian government said it would prop up the KBC Group with a loan guarantee after the company took losses on bad derivatives investments and souring loans to Eastern and Central Europe. Read more..

By DAVID JOLLY - The New York Times

Go-Between Tied Funds to Carlyle

David Leuschen, formerly an energy specialist with Goldman Sachs, brought in billions from state pension funds to a joint venture with the Carlyle Group. Read more..

By LESLIE WAYNE - The New York Times

Hulu Questions Count of Its Audience

The skirmish shows how imprecise ratings can be for video and visitors on the Web, which may hurt advertising and public perceptions. Read more..

By BRIAN STELTER - The New York Times

India’s National Election Spreads Billions Around

Candidates spent $3 billion on the race, money that filtered to a range of businesses and workers. Read more..

By HEATHER TIMMONS and HARI KUMAR - The New York Times

In Slow Market, U.K. Real Estate Agents Get Creative

Real estate agents in London are pulling out all the stops. Although the rate of decline seems to have slowed, prices in central London have plunged by more than 20 percent since the market’s peak. Read more..

By SHELLEY EMLING - International Herald Tribune

Robert Pauley, 85, Former Head of ABC Radio, Dies

Mr. Pauley reinvigorated ABC Radio after he took over as president in 1961, a time at which the network was ailing. Read more..

By BRIAN STELTER - The New York Times

Six Insurers Named to Get U.S. Taxpayer Aid

The insurers getting bailout money have suffered, but not to the same extent as American International Group. Read more..

By ERIC DASH and DIANA B. HENRIQUES - The New York Times

Spain’s Leader Offers New Measures to Boost Economy

Spain’s prime minister took more steps after a report said the economy shrank 2.9 percent in the first quarter, the sharpest rate of contraction in four decades. Read more..

By VICTORIA BURNETT - International Herald Tribune

Stirring Up the Right Investment Mix

Many index fund advisory services that guide novices on appropriate allocations have low costs or are free. Read more..

By RON LIEBER - The New York Times

Wal-Mart Says Its Market Share Is Rising

The giant discount chain and unofficial barometer of consumer spending posted flat quarterly earnings, an accomplishment in this economy. Read more..

By STEPHANIE ROSENBLOOM - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC25,5826,1224,5824,8794.5M
General ElectricGE13,0713,2612,7012,8683.4M
Cisco SystemsCSCO18,1418,2117,7717,9272.1M
JPMorgan ChaseJPM35,4535,6834,4034,9168.3M
IntelINTC15,5415,6115,1515,1961.8M
MicrosoftMSFT20,1320,5019,9820,2261.3M
PfizerPFE15,1815,2914,8915,0150.8M
Abbott LaboratoriesABT44,5544,6543,2643,3233.2M
ExxonMobilXOM69,3169,7568,5969,1126.7M
AT&T Inc.T25,0925,2124,6224,8826.5M
ComcastCMCSA14,7814,9014,3314,4223.1M
Oracle Corp.ORCL18,5918,7418,3518,4222.9M
Walt Disney & Co.DIS23,4524,2223,2723,4121M
Home DepotHD24,4524,9224,2224,4020.4M
Wal-Mart StoresWMT48,9649,3448,1248,1520.1M
AltriaMO16,9917,2216,9116,9819.4M
MerckMRK26,2526,2525,3425,4718.1M
Coca-ColaKO44,8345,0844,6344,9617.1M
HP Inc.HPQ34,9535,6534,8435,0117M
Johnson & JohnsonJNJ55,0055,4454,7155,4116.4M
Bristol-Myers SquibbBMY20,4620,4619,8820,0115.4M
Verizon CommunicationsVZ30,0730,1129,4529,6115.2M
Procter & GamblePG51,4351,4350,3750,6714.1M
ConocoPhillipsCOP44,4944,8243,5843,9313.2M
AppleAAPL122,32124,62121,61122,4213.1M
ChevronCVX66,9267,0065,5065,8812.3M
SchlumbergerSLB53,7654,3451,5652,0510.4M
UnitedHealth GroupUNH27,7428,7427,1727,518.91M
International Business MachinesIBM100,90103,07100,57101,378.37M
McDonald'sMCD53,4754,5453,0353,468.27M
PepsicoPEP50,5350,8250,0350,328.21M
AmazonAMZN74,5476,2173,4273,608.01M
AmgenAMGN48,3648,5647,5048,167.82M
United TechnologiesUTX51,3851,9450,9251,287.09M
Gilead SciencesGILD44,0244,1843,3543,756.69M
VisaV64,4565,5064,0265,076.17M
AlphabetGOOGL391,10394,11389,09390,006.01M
BoeingBA43,2743,9942,7143,005.19M
3MMMM57,7658,7557,5157,924.75M
Union PacificUNP45,7247,6145,5746,584.53M
Berkshire HathawayBRK.B2892,002947,002892,002900,0025.8K
Exchange Rates of May 15, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 95,240 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,177 CAD1 CAD = 0,849 USD
US DollarSwiss Franc1 USD = 1,121 CHF1 CHF = 0,892 USD
US DollarChinese Yuan1 USD = 6,825 CNY1 CNY = 0,147 USD
EuroJapanese Yen1 EUR = 128,470 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,889 GBP1 GBP = 1,125 EUR
EuroAustralian Dollar1 EUR = 1,801 AUD1 AUD = 0,555 EUR
EuroCanadian Dollar1 EUR = 1,589 CAD1 CAD = 0,629 EUR
EuroSwiss Franc1 EUR = 1,513 CHF1 CHF = 0,661 EUR
EuroChinese Yuan1 EUR = 9,189 CNY1 CNY = 0,109 EUR
Japanese YenPound Sterling1 JPY = 0,692 GBP1 GBP = 1,446 JPY
Japanese YenAustralian Dollar1 JPY = 1,401 AUD1 AUD = 0,714 JPY
Japanese YenCanadian Dollar1 JPY = 1,236 CAD1 CAD = 0,809 JPY
Japanese YenSwiss Franc1 JPY = 1,178 CHF1 CHF = 0,849 JPY
Pound SterlingAustralian Dollar1 GBP = 2,026 AUD1 AUD = 0,494 GBP
Pound SterlingCanadian Dollar1 GBP = 1,787 CAD1 CAD = 0,559 GBP
Pound SterlingSwiss Franc1 GBP = 1,702 CHF1 CHF = 0,588 GBP
Pound SterlingChinese Yuan1 GBP = 10,337 CNY1 CNY = 0,097 GBP
Australian DollarCanadian Dollar1 AUD = 0,881 CAD1 CAD = 1,135 AUD
Australian DollarSwiss Franc1 AUD = 0,839 CHF1 CHF = 1,191 AUD
Australian DollarChinese Yuan1 AUD = 5,113 CNY1 CNY = 0,196 AUD
Canadian DollarSwiss Franc1 CAD = 0,952 CHF1 CHF = 1,051 CAD
Canadian DollarChinese Yuan1 CAD = 5,789 CNY1 CNY = 0,173 CAD
Swiss FrancChinese Yuan1 CHF = 6,076 CNY1 CNY = 0,165 CHF

See what else happened on May 15, 2009