Financial news on March 17th, 2010

Business and Financial news
As Lawmakers Grapple With Financial Overhaul, They Call for More Studies

By suggesting further examination at every turn, Congress is delaying tough regulatory decisions. Read more..

By EDWARD WYATT - The New York Times

E.U. Broadcasters Push to Change Copyright Rules Tying Up Online Offerings

European public broadcasters are calling on lawmakers to make it easier to offer their programming over the Internet, saying copyright practices restrict their ability to develop new digital services. Read more..

By ERIC PFANNER - International Herald Tribune

Greece Eager for Details on Loans From Europe

The Greek government is expected to seek further details on the shape of the new loan mechanism when European Union heads of government gather next week. Read more..

By STEPHEN CASTLE - The New York Times

Phoenix Meets the Wrong End of the Boom Cycle

After years of growth, the downturn in commercial real estate has hit Phoenix hard, with rents down more than 50 percent in a year. Read more..


Playing It Cool With a Jawbone in Your Ear

A new phone earpiece strives to be smaller and more stylish than its predecessors. Does it succeed? Read more..

By DAVID POGUE - The New York Times

Steady Fed Policy Provides Scant Impetus for Investors

Equity markets were helped by reassurances that Greece was not likely to lose its credit rating, despite its struggle to rein in spending as it deals with a deficit crisis. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Underwater Cable an Alternative to Electrical Towers

In a string of projects that has so far provoked only token opposition from environmentalists, some companies are putting power lines under water. Read more..

By MATTHEW L. WALD - The New York Times

U.S. Housing Starts Slowed by Blizzards

The Commerce Department said that construction of new homes and apartments fell 5.9 percent in February. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Using the Kitchen as a Happy Place Where Couples Bond

Tupperware’s marketing campaign tries to sell the idea that men who want to attract women should be comfortable in the kitchen. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE18.3218.4017.9718.04160M
Wells Fargo & Co.WFC30.4130.6730.2630.5533.2M
JPMorgan ChaseJPM43.3144.1143.2743.7932.9M
Cisco SystemsCSCO26.2026.4026.1826.2632.5M
Oracle Corp.ORCL25.2325.7025.1425.4730.3M
Verizon CommunicationsVZ29.9530.2529.9530.1526M
AT&T Inc.T25.9525.9925.8525.9018.1M
Abbott LaboratoriesABT54.8454.8854.3054.5015.4M
Home DepotHD32.4932.6432.3432.5214.7M
Bristol-Myers SquibbBMY25.9726.0725.7825.9814.7M
HP Inc.HPQ52.4152.7552.1852.2314.2M
Wal-Mart StoresWMT56.0556.1355.6655.9212.5M
UnitedHealth GroupUNH33.1633.1632.2632.7510.6M
Procter & GamblePG63.7864.0363.3764.0110.1M
Johnson & JohnsonJNJ64.7264.7464.4864.658.06M
Walt Disney & Co.DIS33.7933.8433.5333.757.86M
Gilead SciencesGILD47.5947.5946.9047.187.78M
International Business MachinesIBM128.90128.93127.36127.766.35M
United TechnologiesUTX72.6372.8072.0672.194.49M
Union PacificUNP73.6674.0372.8473.214.39M
Berkshire HathawayBRK.B82.4982.6482.0182.504.37M
Exchange Rates of March 17th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.310 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.010 CAD1 CAD = 0.990 USD
US DollarSwiss Franc1 USD = 1.054 CHF1 CHF = 0.949 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 124.050 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.897 GBP1 GBP = 1.115 EUR
EuroAustralian Dollar1 EUR = 1.487 AUD1 AUD = 0.673 EUR
EuroCanadian Dollar1 EUR = 1.387 CAD1 CAD = 0.721 EUR
EuroSwiss Franc1 EUR = 1.448 CHF1 CHF = 0.691 EUR
EuroChinese Yuan1 EUR = 9.376 CNY1 CNY = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.722 GBP1 GBP = 1.384 JPY
Japanese YenAustralian Dollar1 JPY = 1.198 AUD1 AUD = 0.835 JPY
Japanese YenCanadian Dollar1 JPY = 1.118 CAD1 CAD = 0.895 JPY
Japanese YenSwiss Franc1 JPY = 1.167 CHF1 CHF = 0.857 JPY
Pound SterlingAustralian Dollar1 GBP = 1.658 AUD1 AUD = 0.603 GBP
Pound SterlingCanadian Dollar1 GBP = 1.547 CAD1 CAD = 0.647 GBP
Pound SterlingSwiss Franc1 GBP = 1.615 CHF1 CHF = 0.619 GBP
Pound SterlingChinese Yuan1 GBP = 10.448 CNY1 CNY = 0.096 GBP
Australian DollarCanadian Dollar1 AUD = 0.933 CAD1 CAD = 1.072 AUD
Australian DollarSwiss Franc1 AUD = 0.973 CHF1 CHF = 1.027 AUD
Australian DollarChinese Yuan1 AUD = 6.304 CNY1 CNY = 0.159 AUD
Canadian DollarSwiss Franc1 CAD = 1.043 CHF1 CHF = 0.958 CAD
Canadian DollarChinese Yuan1 CAD = 6.759 CNY1 CNY = 0.148 CAD
Swiss FrancChinese Yuan1 CHF = 6.474 CNY1 CNY = 0.154 CHF

See what else happened on March 17th, 2010