Financial news on April 16, 2009

Business and Financial news
Canada: Total Offer Is Criticized

The largest shareholder of UTS Energy said it would not support a sweetened takeover offer from Total of France. Read more..

By BLOOMBERG NEWS - The New York Times

China: Estimate of Millionaires Grows

The country’s millionaires average 39 years old, and 48 percent are concentrated in Beijing, Shanghai and the southern province of Guangdong. Read more..

By BLOOMBERG NEWS - The New York Times

China Sees a Slight Lift in Factory Orders

The Chinese economy grew at an annual pace of “around 6 percent” in the first quarter, despite lackluster exports to the U.S. and Europe. Read more..

By KEITH BRADSHER - The New York Times

Delphi Faces a Deadline on G.M. Aid

The auto parts supplier was expected to emerge quickly from bankruptcy, as it is said G.M. would if it filed, but that has not been the case. Read more..

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

Magazine Ad Pages Decline Almost 26% in First Quarter

Only 15 magazines had more ad pages in the quarter than they did in the period a year ago. Read more..


Smoothing Out Hulu Streams

I’ve been watching a lot of shows on lately, and the video stream drops out and stops for a few seconds every couple of minutes. Is there anything I can do? Read more..

By J.D BIERSDORFER - The New York Times

Texting From PC to Phone

Is there a way to send and receive text messages with someone’s mobile phone from my computer? Read more..

By J.D BIERSDORFER - The New York Times

The Local Insurance Agency Hustles in a Slump

Smaller agencies are facing competition from big agencies and the need to adjust what they offer to small businesses. Read more..

By JAMES FLANIGAN - The New York Times

UBS to Cut 7,500 More Jobs After $1.8 Billion Loss

The Swiss bank announced the additional job cuts as it continued to lose money in the first quarter and clients withdrew funds. Read more..

By JULIA WERDIGIER - The New York Times

Video Prank at Domino’s Taints Brand

A video prank two Domino’s Pizza employees posted online has shown how social media has the reach and speed to turn tiny incidents into marketing crises. Read more..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
JPMorgan ChaseJPM34.0134.0132.3633.24133M
General ElectricGE12.0612.4311.7112.27133M
Wells Fargo & Co.WFC19.6619.9918.6519.45130M
Cisco SystemsCSCO17.8218.1817.6518.0851.4M
AT&T Inc.T25.6526.2925.4025.9932.2M
Abbott LaboratoriesABT43.0043.1042.2642.6930.3M
Oracle Corp.ORCL18.8119.2918.5819.1830.3M
Wal-Mart StoresWMT51.3051.4950.2750.7821.2M
HP Inc.HPQ35.5036.8735.4636.6021.2M
Verizon CommunicationsVZ31.8031.8131.3431.7319.3M
Home DepotHD25.7826.1625.2825.9716.7M
Procter & GamblePG49.2050.7449.1150.4316.3M
Walt Disney & Co.DIS19.9020.6419.7220.5115.4M
Bristol-Myers SquibbBMY20.4420.4819.9520.3513.3M
UnitedHealth GroupUNH25.3226.1023.6724.3612.4M
Johnson & JohnsonJNJ51.9152.3251.5552.2012.2M
Gilead SciencesGILD44.5245.3643.9944.8511.1M
International Business MachinesIBM99.74101.9299.18101.439.26M
Union PacificUNP47.1547.9946.5147.186.46M
United TechnologiesUTX47.1647.8845.9747.505.62M
Berkshire HathawayBRK.B3010.003044.002995.003025.0026.3K
Exchange Rates of April 16, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 99.370 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.210 CAD1 CAD = 0.827 USD
US DollarSwiss Franc1 USD = 1.147 CHF1 CHF = 0.872 USD
US DollarChinese Yuan1 USD = 6.833 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 130.950 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.883 GBP1 GBP = 1.132 EUR
EuroAustralian Dollar1 EUR = 1.830 AUD1 AUD = 0.546 EUR
EuroCanadian Dollar1 EUR = 1.595 CAD1 CAD = 0.627 EUR
EuroSwiss Franc1 EUR = 1.512 CHF1 CHF = 0.662 EUR
EuroChinese Yuan1 EUR = 9.006 CNY1 CNY = 0.111 EUR
Japanese YenPound Sterling1 JPY = 0.674 GBP1 GBP = 1.483 JPY
Japanese YenAustralian Dollar1 JPY = 1.397 AUD1 AUD = 0.716 JPY
Japanese YenCanadian Dollar1 JPY = 1.217 CAD1 CAD = 0.822 JPY
Japanese YenSwiss Franc1 JPY = 1.154 CHF1 CHF = 0.866 JPY
Pound SterlingAustralian Dollar1 GBP = 2.072 AUD1 AUD = 0.483 GBP
Pound SterlingCanadian Dollar1 GBP = 1.806 CAD1 CAD = 0.554 GBP
Pound SterlingSwiss Franc1 GBP = 1.711 CHF1 CHF = 0.584 GBP
Pound SterlingChinese Yuan1 GBP = 10.185 CNY1 CNY = 0.098 GBP
Australian DollarCanadian Dollar1 AUD = 0.871 CAD1 CAD = 1.148 AUD
Australian DollarSwiss Franc1 AUD = 0.826 CHF1 CHF = 1.211 AUD
Australian DollarChinese Yuan1 AUD = 4.923 CNY1 CNY = 0.203 AUD
Canadian DollarSwiss Franc1 CAD = 0.948 CHF1 CHF = 1.055 CAD
Canadian DollarChinese Yuan1 CAD = 5.648 CNY1 CNY = 0.177 CAD
Swiss FrancChinese Yuan1 CHF = 5.956 CNY1 CNY = 0.168 CHF

See what else happened on April 16, 2009