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

Stock Ticker symbol Open High Low Close Volume
JPMorgan Chase JPM 43.38 43.80 42.84 43.33 40.4M
Microsoft MSFT 30.99 31.19 30.77 31.08 38.1M
Pfizer PFE 21.84 22.06 21.77 21.98 38M
Apple AAPL 610.06 610.28 578.25 580.13 37.5M
Intel INTC 28.26 28.55 28.14 28.41 37.5M
Cisco Systems CSCO 19.92 19.96 19.57 19.73 35.3M
Procter & Gamble PG 66.01 67.10 65.88 66.78 32.8M
Wells Fargo & Co. WFC 33.18 33.45 32.67 33.15 30.1M
General Electric GE 18.98 19.13 18.85 18.90 30.1M
Oracle Corp. ORCL 28.58 28.77 28.31 28.64 21.5M
ExxonMobil XOM 83.24 84.39 83.13 84.01 17.5M
ConocoPhillips COP 73.81 74.52 73.62 73.83 16.8M
HP Inc. HPQ 24.78 24.82 24.17 24.31 15.1M
AT&T Inc. T 30.56 30.72 30.50 30.61 14.7M
Merck MRK 37.88 38.06 37.88 37.95 13.9M
Abbott Laboratories ABT 59.72 60.14 59.69 59.85 12M
Alphabet GOOGL 623.00 623.81 601.66 606.07 11.4M
Johnson & Johnson JNJ 63.72 64.16 63.67 63.98 10.5M
Bristol-Myers Squibb BMY 32.62 33.00 32.59 32.93 10.4M
Home Depot HD 51.44 51.85 50.94 51.69 10.2M
Comcast CMCSA 29.58 29.84 29.49 29.77 9.15M
Verizon Communications VZ 37.33 37.55 37.21 37.43 8.04M
Pepsico PEP 65.13 66.39 65.13 65.99 7.86M
General Motors GM 23.78 23.93 23.36 23.42 7.53M
Coca-Cola KO 72.22 72.79 72.14 72.44 7.07M
Altria MO 31.55 31.64 31.35 31.38 6.87M
Schlumberger SLB 68.75 69.08 67.36 67.44 6.85M
Wal-Mart Stores WMT 59.94 60.81 59.87 60.58 6.84M
UnitedHealth Group UNH 58.35 58.35 57.36 57.36 6.63M
McDonald's MCD 97.09 97.90 96.32 96.58 6.24M
Walt Disney & Co. DIS 42.06 42.13 41.54 41.66 6.11M
Chevron CVX 101.62 102.24 101.17 101.51 6.07M
Boeing BA 72.98 73.19 72.30 72.68 4.8M
Gilead Sciences GILD 45.55 46.00 45.39 45.86 4.7M
Visa V 123.04 123.05 120.04 120.83 4.58M
Amazon AMZN 189.01 189.47 183.65 185.50 4.04M
International Business Machines IBM 204.74 205.97 202.72 202.72 3.83M
Berkshire Hathaway BRK.B 79.48 79.94 79.08 79.67 3.77M
United Technologies UTX 80.13 80.96 79.61 79.88 3.18M
3M MMM 86.04 86.93 85.92 86.40 3.06M
Amgen AMGN 65.59 66.33 65.37 66.26 3.03M
Union Pacific UNP 108.34 109.50 107.94 108.09 2.35M
Exchange Rates of April 16, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80.420 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.000 CAD 1 CAD = 1.000 USD
US Dollar Swiss Franc 1 USD = 0.915 CHF 1 CHF = 1.093 USD
US Dollar Chinese Yuan 1 USD = 6.316 CNY 1 CNY = 0.158 USD
Euro Japanese Yen 1 EUR = 105.630 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.826 GBP 1 GBP = 1.211 EUR
Euro Australian Dollar 1 EUR = 1.268 AUD 1 AUD = 0.789 EUR
Euro Canadian Dollar 1 EUR = 1.313 CAD 1 CAD = 0.762 EUR
Euro Swiss Franc 1 EUR = 1.202 CHF 1 CHF = 0.832 EUR
Euro Chinese Yuan 1 EUR = 8.295 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.782 GBP 1 GBP = 1.279 JPY
Japanese Yen Australian Dollar 1 JPY = 1.200 AUD 1 AUD = 0.833 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.243 CAD 1 CAD = 0.805 JPY
Japanese Yen Swiss Franc 1 JPY = 1.138 CHF 1 CHF = 0.879 JPY
Pound Sterling Australian Dollar 1 GBP = 1.535 AUD 1 AUD = 0.652 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.589 CAD 1 CAD = 0.629 GBP
Pound Sterling Swiss Franc 1 GBP = 1.455 CHF 1 CHF = 0.687 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.040 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.035 CAD 1 CAD = 0.966 AUD
Australian Dollar Swiss Franc 1 AUD = 0.948 CHF 1 CHF = 1.055 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.540 CNY 1 CNY = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.915 CHF 1 CHF = 1.093 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.317 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.901 CNY 1 CNY = 0.145 CHF

See what else happened on April 16, 2012