Financial news on April 16, 2012

Business and Financial news
Accounts and People of Note in the Advertising Industry

Steven Amato, chief content officer at Omelet, Los Angeles, was named president, a new post, and chief content officer of a new division, Omelet Studio. Read more..

By THE NEW YORK TIMES - The New York Times

Ads Urge ‘Book People’ to Help Children Read

A pro bono public service campaign on behalf of Reading Is Fundamental is aimed at women with children under the age of 15. Read more..

By STUART ELLIOTT - The New York Times

Business Day Live | April 16, 2012

Weighing an economic slowdown in China and commodities traders boycott an exchange over regulatory dispute. Read more..

Mac William Bishop, Nadia Sussman, Pedro Rosado, Channon Hodge, Erik Olsen and Shayla Harris - The New York Times

For Americans Abroad, Taxes Just Got More Complicated

New Internal Revenue Service form requires American taxpayers abroad to provide detailed information on their overseas financial accounts, including income derived from them; penalties for failing to file start at $10,000, and filers are subject to major fines for underreporting, even when innocent errors are made. Read more..

By DAVID JOLLY - The New York Times

For Two Economists, the Buffett Rule Is Just a Start

Research by Emmanuel Saez and Thomas Piketty, two French economists known simply as Piketty-Saez in Washington, has provided the subtext to the battle over tax fairness. Read more..

By ANNIE LOWREY - The New York Times

Trial in Martin Case, Filled With High Emotion, Would Draw a News Swarm

Trial for George Zimmerman, charged with second degree murder in the shooting death of Trayvon Martin, will most likely not start for months, if ever, but some in the news media are already predicting blanket coverage; media has seized on the story with a ferocity that has drawn comparisons to the Casey Anthony trial and that of O J Simpson. Read more..

By BRIAN STELTER - The New York Times

Unanswered Questions in F.C.C.’s Google Case

An investigation into Google’s Street View project was left unresolved because the engineer in charge declined to talk, according to an interim report. Read more..

By DAVID STREITFELD and EDWARD WYATT - The New York Times

With Italy and Spain, Further Tests for Europe

Gloom over Europe had seemed to be lifting, with the conclusion of Greece's second bailout and the calming effect of cheap loans from the European Central Bank; but jump in borrowing costs for Spain and Italy signal clearly that the euro's problems are far from solved. Read more..

By PAUL GEITNER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
JPMorgan ChaseJPM43.3843.8042.8443.3340.4M
MicrosoftMSFT30.9931.1930.7731.0838.1M
PfizerPFE21.8422.0621.7721.9838M
AppleAAPL610.06610.28578.25580.1337.5M
IntelINTC28.2628.5528.1428.4137.5M
Cisco SystemsCSCO19.9219.9619.5719.7335.3M
Procter & GamblePG66.0167.1065.8866.7832.8M
Wells Fargo & Co.WFC33.1833.4532.6733.1530.1M
General ElectricGE18.9819.1318.8518.9030.1M
Oracle Corp.ORCL28.5828.7728.3128.6421.5M
ExxonMobilXOM83.2484.3983.1384.0117.5M
ConocoPhillipsCOP73.8174.5273.6273.8316.8M
HP Inc.HPQ24.7824.8224.1724.3115.1M
AT&T Inc.T30.5630.7230.5030.6114.7M
MerckMRK37.8838.0637.8837.9513.9M
Abbott LaboratoriesABT59.7260.1459.6959.8512M
AlphabetGOOGL623.00623.81601.66606.0711.4M
Johnson & JohnsonJNJ63.7264.1663.6763.9810.5M
Bristol-Myers SquibbBMY32.6233.0032.5932.9310.4M
Home DepotHD51.4451.8550.9451.6910.2M
ComcastCMCSA29.5829.8429.4929.779.15M
Verizon CommunicationsVZ37.3337.5537.2137.438.04M
PepsicoPEP65.1366.3965.1365.997.86M
General MotorsGM23.7823.9323.3623.427.53M
Coca-ColaKO72.2272.7972.1472.447.07M
AltriaMO31.5531.6431.3531.386.87M
SchlumbergerSLB68.7569.0867.3667.446.85M
Wal-Mart StoresWMT59.9460.8159.8760.586.84M
UnitedHealth GroupUNH58.3558.3557.3657.366.63M
McDonald'sMCD97.0997.9096.3296.586.24M
Walt Disney & Co.DIS42.0642.1341.5441.666.11M
ChevronCVX101.62102.24101.17101.516.07M
BoeingBA72.9873.1972.3072.684.8M
Gilead SciencesGILD45.5546.0045.3945.864.7M
VisaV123.04123.05120.04120.834.58M
AmazonAMZN189.01189.47183.65185.504.04M
International Business MachinesIBM204.74205.97202.72202.723.83M
Berkshire HathawayBRK.B79.4879.9479.0879.673.77M
United TechnologiesUTX80.1380.9679.6179.883.18M
3MMMM86.0486.9385.9286.403.06M
AmgenAMGN65.5966.3365.3766.263.03M
Union PacificUNP108.34109.50107.94108.092.35M
Exchange Rates of April 16, 2012
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 80.420 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.000 CAD1 CAD = 1.000 USD
US DollarSwiss Franc1 USD = 0.915 CHF1 CHF = 1.093 USD
US DollarChinese Yuan1 USD = 6.316 CNY1 CNY = 0.158 USD
EuroJapanese Yen1 EUR = 105.630 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.826 GBP1 GBP = 1.211 EUR
EuroAustralian Dollar1 EUR = 1.268 AUD1 AUD = 0.789 EUR
EuroCanadian Dollar1 EUR = 1.313 CAD1 CAD = 0.762 EUR
EuroSwiss Franc1 EUR = 1.202 CHF1 CHF = 0.832 EUR
EuroChinese Yuan1 EUR = 8.295 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.782 GBP1 GBP = 1.279 JPY
Japanese YenAustralian Dollar1 JPY = 1.200 AUD1 AUD = 0.833 JPY
Japanese YenCanadian Dollar1 JPY = 1.243 CAD1 CAD = 0.805 JPY
Japanese YenSwiss Franc1 JPY = 1.138 CHF1 CHF = 0.879 JPY
Pound SterlingAustralian Dollar1 GBP = 1.535 AUD1 AUD = 0.652 GBP
Pound SterlingCanadian Dollar1 GBP = 1.589 CAD1 CAD = 0.629 GBP
Pound SterlingSwiss Franc1 GBP = 1.455 CHF1 CHF = 0.687 GBP
Pound SterlingChinese Yuan1 GBP = 10.040 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 1.035 CAD1 CAD = 0.966 AUD
Australian DollarSwiss Franc1 AUD = 0.948 CHF1 CHF = 1.055 AUD
Australian DollarChinese Yuan1 AUD = 6.540 CNY1 CNY = 0.153 AUD
Canadian DollarSwiss Franc1 CAD = 0.915 CHF1 CHF = 1.093 CAD
Canadian DollarChinese Yuan1 CAD = 6.317 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.901 CNY1 CNY = 0.145 CHF

See what else happened on April 16, 2012