Financial news on April 17, 2009

Business and Financial news
After the Bank Failure Comes the Debt Collector

Some small-business owners are in peril of foreclosure after their loans, once held by banks that have since failed, were bought by junk-loan buyers intent on collecting either the cash or the collateral. Read more..

By ERIC LIPTON - The New York Times

Banking Industry Showing Signs of a Recovery

Despite a wave of profits, tough times may not be over, and banks are setting aside money for future loan losses. Read more..

By ERIC DASH - The New York Times

Charm and Atmosphere in Montevideo's Old Town

The colonial heart of Uruguay's capital has improved in recent years, drawing more foreign buyers with its beauty and affordability. Read more..

By NICK FOSTER - International Herald Tribune

Deal Brings TV Shows and Movies to YouTube

In another step to become a destination for mainstream TV programs and movies, YouTube said it had signed deals with Hollywood studios to showcase their content. Read more..

By BRIAN STELTER and MIGUEL HELFT - The New York Times

Dimming the Aura of Goldman Sachs

The investment bank denies that it profited from the U.S. bailout of A.I.G., but some of the public gets a sour taste. Read more..

By FLOYD NORRIS - The New York Times

Glaxo and Pfizer Join Forces to Develop and Market H.I.V. Drugs

The pharmaceutical giants GlaxoSmithKline and Pfizer said they would form a specialty company to research, develop and market treatments for H.I.V. Read more..

By NATASHA SINGER - The New York Times

Public Provides Giggles; Bloggers Get the Book Deal

Publishers are hoping that millions of page views on a blog will translate into booming sales on the bookstand. Read more..

By JENNA WORTHAM - The New York Times

Strong Ending to an Up-and-Down Day

Markets in the U.S. rose substantially as JPMorgan Chase reported better-than-expected profits and largely dismissed the bankruptcy of a major real estate firm. Read more..

By JACK HEALY - The New York Times

Times Will Cut Sections to Lower Costs

Several weekly sections will be eliminated, with other parts of the newspaper absorbing some content, in an effort to save millions of dollars. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

To Fill Food Safety Gap, Processors Pay Inspectors

Safety scares prompted California’s so-called leafy greens industry to pay for inspections that the F.D.A. rarely does. Read more..

By ANDREW MARTIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 12.40 12.73 11.75 12.39 223M
Wells Fargo & Co. WFC 19.41 20.99 18.88 20.26 167M
JPMorgan Chase JPM 33.35 33.98 32.53 33.26 105M
Pfizer PFE 14.01 14.27 13.90 14.16 72.7M
Intel INTC 15.88 15.89 15.45 15.60 67.3M
Microsoft MSFT 19.69 19.69 19.00 19.20 61.4M
Cisco Systems CSCO 18.10 18.17 17.83 17.99 56M
AT&T Inc. T 26.28 26.48 25.83 25.95 38.8M
Oracle Corp. ORCL 19.24 19.45 18.73 19.06 32.9M
ExxonMobil XOM 67.84 68.06 66.58 66.75 32.6M
Abbott Laboratories ABT 42.88 44.13 42.66 43.89 32.1M
Comcast CMCSA 14.92 14.92 14.25 14.48 26.5M
Wal-Mart Stores WMT 51.19 51.25 50.14 50.20 24M
Home Depot HD 26.16 26.47 24.35 26.10 21.7M
Procter & Gamble PG 51.15 51.96 50.82 51.66 21.7M
Alphabet GOOGL 386.02 399.82 384.81 392.24 21.4M
HP Inc. HPQ 36.44 36.58 35.29 36.30 21.2M
Verizon Communications VZ 31.97 32.35 31.76 31.78 19.7M
Merck MRK 25.90 26.49 25.64 25.73 18.8M
Apple AAPL 121.18 124.25 120.25 123.42 17.8M
Johnson & Johnson JNJ 52.50 53.37 52.25 53.05 17.7M
ConocoPhillips COP 39.89 40.63 39.72 40.17 16.9M
Altria MO 17.01 17.15 16.85 16.99 15.3M
Walt Disney & Co. DIS 20.57 20.70 20.08 20.38 14.9M
Schlumberger SLB 46.11 46.77 45.17 46.57 14.3M
UnitedHealth Group UNH 24.32 24.40 23.10 24.14 13.9M
Chevron CVX 66.42 66.74 65.73 66.01 12.7M
Bristol-Myers Squibb BMY 20.62 20.87 20.35 20.67 12.6M
McDonald's MCD 55.09 56.41 54.80 56.09 11.7M
Coca-Cola KO 45.25 45.44 44.66 45.02 11.2M
Gilead Sciences GILD 44.80 45.25 43.84 44.69 10.4M
International Business Machines IBM 101.18 102.04 99.69 101.27 10.2M
Amgen AMGN 47.45 47.93 46.70 47.07 9.76M
Visa V 58.18 59.13 57.26 58.00 9.45M
Pepsico PEP 52.00 52.47 51.70 52.13 8.82M
Amazon AMZN 76.78 78.72 75.88 78.05 7.43M
Union Pacific UNP 47.41 49.76 47.34 48.29 7.09M
United Technologies UTX 47.74 48.26 47.28 47.32 6.68M
3M MMM 55.03 55.03 53.64 53.81 6.64M
Boeing BA 38.55 38.78 38.18 38.32 6.15M
Berkshire Hathaway BRK.B 3025.00 3071.50 2987.00 3012.00 27.8K
Exchange Rates of April 17, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99.120 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.213 CAD 1 CAD = 0.825 USD
US Dollar Swiss Franc 1 USD = 1.165 CHF 1 CHF = 0.859 USD
US Dollar Chinese Yuan 1 USD = 6.834 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 129.320 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.882 GBP 1 GBP = 1.134 EUR
Euro Australian Dollar 1 EUR = 1.805 AUD 1 AUD = 0.554 EUR
Euro Canadian Dollar 1 EUR = 1.582 CAD 1 CAD = 0.632 EUR
Euro Swiss Franc 1 EUR = 1.519 CHF 1 CHF = 0.658 EUR
Euro Chinese Yuan 1 EUR = 8.913 CNY 1 CNY = 0.112 EUR
Japanese Yen Pound Sterling 1 JPY = 0.681 GBP 1 GBP = 1.468 JPY
Japanese Yen Australian Dollar 1 JPY = 1.396 AUD 1 AUD = 0.716 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.223 CAD 1 CAD = 0.818 JPY
Japanese Yen Swiss Franc 1 JPY = 1.175 CHF 1 CHF = 0.851 JPY
Pound Sterling Australian Dollar 1 GBP = 2.048 AUD 1 AUD = 0.488 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.795 CAD 1 CAD = 0.557 GBP
Pound Sterling Swiss Franc 1 GBP = 1.724 CHF 1 CHF = 0.580 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.099 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.876 CAD 1 CAD = 1.142 AUD
Australian Dollar Swiss Franc 1 AUD = 0.841 CHF 1 CHF = 1.189 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.937 CNY 1 CNY = 0.203 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.960 CHF 1 CHF = 1.041 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.629 CNY 1 CNY = 0.178 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.864 CNY 1 CNY = 0.171 CHF

See what else happened on April 17, 2009