Financial news on March 17, 2011

Business and Financial news
A Grand Mansion Flaunts Its Parade of Weddings

Marjorie Merriweather Post’s Hillwood mansion and grounds is the site of an exhibit on Mrs. Post’s serial marriages, and those of her daughters. Read more..

By GERALDINE FABRIKANT - The New York Times

A Growing Use of Private Art in Public Spaces

The artistic and ethical issues raised by single-collector exhibitions are being overshadowed by their convenience and cost savings. Read more..

By JUDITH H. DOBRZYNSKI - The New York Times

Europeans Introduce Corporate Tax Plan

The European Commission, which made the proposal, estimated that it could save businesses more than $2 billion a year in compliance costs and tax benefits. Read more..

By STEPHEN CASTLE - The New York Times

Four to Follow

Several of the people who help lead some of the most innovative museum Web sites found their path serendipitously. Read more..

By CAROL VOGEL - The New York Times

Islamic Bonds Make a Comeback

Global issuance Islamic bonds, or sukuk, reached a record high of $51.2 billion in 2010, beating the previous peak, in 2007, by 34 percent. Read more..

By SARA HAMDAN - International Herald Tribune

Label Chief to Depart for ‘X Factor’

Antonio Reid, chief of the Island Def Jam Music Group, will mentor contestants on the new reality show, coming to American television in September. Read more..

By BEN SISARIOand BRIAN STELTER - The New York Times

Long Pause for Japanese Industry Raises Concerns About Supply Chain

Many companies outside Japan remain uncertain, or decline to say, whether supplies of crucial components from Japan will hit air pockets. Read more..

By DAVID JOLLY - The New York Times

Paper Admits to Plagiarism by Reporter

A longtime journalist acknowledged using material from The Arizona Republic without attribution. Read more..

By TANZINA VEGA - The New York Times

Social Media as Inspiration and Canvas

Mining Vimeo, YouTube and Flickr, artists and museums use social sites to provide a direct link to their audiences. Read more..

By CLAIRE CAIN MILLER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE19.2719.6319.0619.2283.6M
Cisco SystemsCSCO17.1317.2016.9717.0083.3M
MicrosoftMSFT25.0625.2224.7524.7862.5M
IntelINTC20.0220.0619.8019.9059M
PfizerPFE19.5319.9419.4819.8859M
Wells Fargo & Co.WFC31.6231.7030.6331.3650.6M
JPMorgan ChaseJPM44.4644.6143.4044.5646.7M
Oracle Corp.ORCL30.6931.0530.3430.5531.5M
Verizon CommunicationsVZ34.7335.3434.6035.3331.2M
HP Inc.HPQ40.7341.8340.7241.4326.6M
AT&T Inc.T27.6727.9127.5627.7426.1M
AppleAAPL336.83339.61330.66334.6423.6M
ExxonMobilXOM80.3881.5080.2381.1621.9M
Abbott LaboratoriesABT47.1947.3046.7547.2618.8M
ComcastCMCSA23.7724.1923.7024.0817.6M
Bristol-Myers SquibbBMY25.2325.5325.1525.4314.7M
ConocoPhillipsCOP75.0677.3074.5476.7213.8M
MerckMRK31.2631.6231.1631.4413.7M
Johnson & JohnsonJNJ58.2158.3857.9058.1312.5M
AltriaMO24.5724.7724.4024.4411.9M
SchlumbergerSLB84.8187.5084.1287.0511.2M
General MotorsGM32.1832.3931.3331.4411M
Wal-Mart StoresWMT51.7451.8751.0451.3710.9M
AmgenAMGN54.0054.7053.3253.5610.7M
Procter & GamblePG60.7060.7060.0060.4310.6M
Coca-ColaKO62.4362.7961.9162.2810.1M
ChevronCVX100.88102.57100.40102.249.98M
Home DepotHD36.0736.1335.5135.769.73M
Walt Disney & Co.DIS41.1941.2040.4840.769.38M
Gilead SciencesGILD40.2040.5239.9240.317.48M
International Business MachinesIBM154.00154.50152.70154.187.38M
PepsicoPEP62.9163.2662.5663.086.75M
AmazonAMZN165.91166.30160.78160.976.47M
McDonald'sMCD74.1374.1973.1273.406.13M
UnitedHealth GroupUNH42.4042.7341.9142.275.85M
AlphabetGOOGL564.48569.00560.54561.365.79M
Berkshire HathawayBRK.B82.2183.0581.6182.735.42M
United TechnologiesUTX79.3879.9079.0079.494.54M
BoeingBA68.5869.0367.8568.304.41M
Union PacificUNP92.9094.8992.5993.803.69M
3MMMM88.5988.9788.0588.693.58M
VisaV71.5972.0071.1371.433.45M
Exchange Rates of March 17, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 79.100 JPY1 JPY = 0.013 USD
US DollarCanadian Dollar1 USD = 0.985 CAD1 CAD = 1.015 USD
US DollarSwiss Franc1 USD = 0.898 CHF1 CHF = 1.113 USD
US DollarChinese Yuan1 USD = 6.574 CNY1 CNY = 0.152 USD
EuroJapanese Yen1 EUR = 110.840 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.868 GBP1 GBP = 1.152 EUR
EuroAustralian Dollar1 EUR = 1.428 AUD1 AUD = 0.700 EUR
EuroCanadian Dollar1 EUR = 1.381 CAD1 CAD = 0.724 EUR
EuroSwiss Franc1 EUR = 1.259 CHF1 CHF = 0.794 EUR
EuroChinese Yuan1 EUR = 9.218 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.783 GBP1 GBP = 1.278 JPY
Japanese YenAustralian Dollar1 JPY = 1.287 AUD1 AUD = 0.777 JPY
Japanese YenCanadian Dollar1 JPY = 1.245 CAD1 CAD = 0.803 JPY
Japanese YenSwiss Franc1 JPY = 1.136 CHF1 CHF = 0.881 JPY
Pound SterlingAustralian Dollar1 GBP = 1.645 AUD1 AUD = 0.608 GBP
Pound SterlingCanadian Dollar1 GBP = 1.591 CAD1 CAD = 0.629 GBP
Pound SterlingSwiss Franc1 GBP = 1.450 CHF1 CHF = 0.690 GBP
Pound SterlingChinese Yuan1 GBP = 10.614 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 0.967 CAD1 CAD = 1.034 AUD
Australian DollarSwiss Franc1 AUD = 0.881 CHF1 CHF = 1.135 AUD
Australian DollarChinese Yuan1 AUD = 6.458 CNY1 CNY = 0.155 AUD
Canadian DollarSwiss Franc1 CAD = 0.911 CHF1 CHF = 1.097 CAD
Canadian DollarChinese Yuan1 CAD = 6.676 CNY1 CNY = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 7.315 CNY1 CNY = 0.137 CHF

See what else happened on March 17, 2011