Financial news on March 17, 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..

By JOHN COLLINS RUDOLF - The New York Times

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

Stock Ticker symbol Open High Low Close Volume
General Electric GE 18.32 18.40 17.97 18.04 160M
Intel INTC 22.06 22.35 21.91 22.24 77.8M
Pfizer PFE 17.26 17.31 17.16 17.21 56.6M
Microsoft MSFT 29.50 29.87 29.40 29.63 50.4M
ExxonMobil XOM 66.91 67.79 66.80 67.36 38.8M
Altria MO 20.45 20.46 20.23 20.33 33.2M
Wells Fargo & Co. WFC 30.41 30.67 30.26 30.55 33.2M
JPMorgan Chase JPM 43.31 44.11 43.27 43.79 32.9M
Cisco Systems CSCO 26.20 26.40 26.18 26.26 32.5M
Oracle Corp. ORCL 25.23 25.70 25.14 25.47 30.3M
Verizon Communications VZ 29.95 30.25 29.95 30.15 26M
AT&T Inc. T 25.95 25.99 25.85 25.90 18.1M
Apple AAPL 224.90 226.45 223.27 224.12 16.1M
ConocoPhillips COP 52.38 53.18 52.31 52.98 15.8M
Abbott Laboratories ABT 54.84 54.88 54.30 54.50 15.4M
Home Depot HD 32.49 32.64 32.34 32.52 14.7M
Bristol-Myers Squibb BMY 25.97 26.07 25.78 25.98 14.7M
HP Inc. HPQ 52.41 52.75 52.18 52.23 14.2M
Comcast CMCSA 17.40 17.74 17.40 17.58 13.8M
Coca-Cola KO 53.82 53.99 53.60 53.84 13M
Wal-Mart Stores WMT 56.05 56.13 55.66 55.92 12.5M
Schlumberger SLB 65.77 66.98 65.50 66.60 12.4M
Merck MRK 37.99 38.10 37.57 38.08 12.4M
UnitedHealth Group UNH 33.16 33.16 32.26 32.75 10.6M
Chevron CVX 74.18 75.06 74.16 74.67 10.3M
Procter & Gamble PG 63.78 64.03 63.37 64.01 10.1M
Johnson & Johnson JNJ 64.72 64.74 64.48 64.65 8.06M
Walt Disney & Co. DIS 33.79 33.84 33.53 33.75 7.86M
Gilead Sciences GILD 47.59 47.59 46.90 47.18 7.78M
Pepsico PEP 66.15 66.58 66.02 66.57 6.92M
Alphabet GOOGL 568.30 571.45 564.25 565.56 6.64M
International Business Machines IBM 128.90 128.93 127.36 127.76 6.35M
Boeing BA 68.97 69.49 68.29 69.38 6M
Amgen AMGN 57.36 57.43 56.90 57.43 5.35M
McDonald's MCD 66.23 66.44 65.87 66.38 4.82M
United Technologies UTX 72.63 72.80 72.06 72.19 4.49M
Union Pacific UNP 73.66 74.03 72.84 73.21 4.39M
Berkshire Hathaway BRK.B 82.49 82.64 82.01 82.50 4.37M
Amazon AMZN 132.41 132.69 131.22 131.34 4.36M
3M MMM 81.93 82.41 81.65 82.18 3.99M
Visa V 92.12 92.41 91.24 91.51 3.7M
Exchange Rates of March 17, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.310 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.010 CAD 1 CAD = 0.990 USD
US Dollar Swiss Franc 1 USD = 1.054 CHF 1 CHF = 0.949 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 124.050 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.897 GBP 1 GBP = 1.115 EUR
Euro Australian Dollar 1 EUR = 1.487 AUD 1 AUD = 0.673 EUR
Euro Canadian Dollar 1 EUR = 1.387 CAD 1 CAD = 0.721 EUR
Euro Swiss Franc 1 EUR = 1.448 CHF 1 CHF = 0.691 EUR
Euro Chinese Yuan 1 EUR = 9.376 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.722 GBP 1 GBP = 1.384 JPY
Japanese Yen Australian Dollar 1 JPY = 1.198 AUD 1 AUD = 0.835 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.118 CAD 1 CAD = 0.895 JPY
Japanese Yen Swiss Franc 1 JPY = 1.167 CHF 1 CHF = 0.857 JPY
Pound Sterling Australian Dollar 1 GBP = 1.658 AUD 1 AUD = 0.603 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.547 CAD 1 CAD = 0.647 GBP
Pound Sterling Swiss Franc 1 GBP = 1.615 CHF 1 CHF = 0.619 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.448 CNY 1 CNY = 0.096 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.933 CAD 1 CAD = 1.072 AUD
Australian Dollar Swiss Franc 1 AUD = 0.973 CHF 1 CHF = 1.027 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.304 CNY 1 CNY = 0.159 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.043 CHF 1 CHF = 0.958 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.759 CNY 1 CNY = 0.148 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.474 CNY 1 CNY = 0.154 CHF

See what else happened on March 17, 2010