Financial news on May 17, 2011

Business and Financial news
Debt Talks Continue, Minus a Key Figure

Finance ministers approved a bailout for Portugal and debated new aid to debt-strapped Greece, with a deputy sitting in for Dominique Strauss-Kahn. Read more..

By STEPHEN CASTLE - The New York Times

For Fox and NBC, Let the Singing Begin

In announcing their lineups for the fall and beyond, the NBC and Fox networks almost mimic each other with singing competitions. Read more..

By BILL CARTER and BRIAN STELTER - The New York Times

In Consumer Behavior, Signs of Gas Price Pinch

As gasoline prices stay high, Americans are turning to public transit and choosing homes closer to work. Read more..

By MOTOKO RICH and STEPHANIE CLIFFORD - The New York Times

Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By DEALBOOK - The New York Times

No BP Word as Deadline Slides By

BP did not issue a statement on Monday, leading some analysts to indicate that the two sides would continue to negotiate to try to revise terms so it could search for offshore oil in the Arctic. Read more..

By JULIA WERDIGIER and ANDREW E. KRAMER - The New York Times

Poetic Justice for Chrysler’s Bondholders

Chrysler’s creditors have the upper hand as the automaker seeks $6 billion to pay back the Treasury. Read more..

By AGNES T. CRANE, CHRISTOPHER HUGHES and ROB COX - The New York Times

Profit Rises at Penney’s, but Slides at Lowe’s

Profit and sales were down at the home improvement chain Lowe’s while J. C. Penney’s profit rose after cutting costs. Read more..

By THE ASSOCIATED PRESS - The New York Times

TimesCast | Wall Street's New Enforcer

Gretchen Morgenson discusses the investigation into three major Wall Street banks by the New York attorney general, Eric T. Schneiderman. Read more..

Emily B. Hager - The New York Times

Wall Street Stocks Close Lower in Late Trading

Technology and consumer shares were weak, while commodities and financial issues posted gains. Read more..

By BLOOMBERG NEWS - The New York Times

Woman in 2008 Affair Is Said to Have Accused I.M.F. Director of Coercing Her

Piroska Nagy said the liaison was consensual but she had felt coerced because Mr. Strauss-Kahn was so senior to her, a person with direct knowledge of the affair said. Read more..

By LANDON THOMAS Jr - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
HP Inc. HPQ 37,57 37,66 36,04 36,91 100M
Intel INTC 23,37 23,57 23,08 23,55 86.1M
Microsoft MSFT 24,40 24,70 24,27 24,52 82.9M
Cisco Systems CSCO 16,50 16,72 16,46 16,64 78.2M
Pfizer PFE 21,08 21,21 20,98 21,14 58.2M
General Electric GE 19,62 19,73 19,46 19,59 47.5M
Wells Fargo & Co. WFC 27,78 28,76 27,75 28,75 40.2M
JPMorgan Chase JPM 42,68 44,02 42,65 43,81 36.3M
Oracle Corp. ORCL 34,03 34,29 33,71 33,94 27.9M
AT&T Inc. T 31,02 31,27 30,90 31,12 21M
Comcast CMCSA 24,61 25,04 24,54 25,02 20.6M
Merck MRK 37,19 37,34 36,69 37,27 20.4M
ExxonMobil XOM 79,99 80,79 79,60 80,41 18.1M
Home Depot HD 37,35 37,94 37,19 37,40 17.4M
Apple AAPL 332,00 336,14 330,73 336,14 16.2M
Wal-Mart Stores WMT 55,56 56,29 55,24 55,54 14.6M
Abbott Laboratories ABT 53,90 53,90 53,11 53,50 14.2M
Altria MO 27,43 27,82 27,42 27,66 12.8M
Verizon Communications VZ 36,90 37,18 36,80 37,11 12.5M
Procter & Gamble PG 66,64 67,72 66,64 67,42 12.2M
Amgen AMGN 59,89 61,18 58,83 60,89 11.8M
Schlumberger SLB 81,41 82,66 80,85 82,06 11.8M
Bristol-Myers Squibb BMY 28,67 28,70 28,29 28,65 11.5M
General Motors GM 31,06 31,38 30,83 31,10 11.2M
ConocoPhillips COP 70,69 71,85 70,69 71,54 10.9M
Johnson & Johnson JNJ 66,23 66,48 65,86 66,40 10.8M
Walt Disney & Co. DIS 40,86 41,14 40,68 41,01 10M
International Business Machines IBM 167,85 171,41 166,53 170,50 8.77M
Chevron CVX 100,31 101,19 99,61 100,41 8.77M
Gilead Sciences GILD 40,56 40,56 40,08 40,47 8.05M
UnitedHealth Group UNH 49,86 50,70 49,70 49,99 7.22M
Amazon AMZN 191,82 195,98 191,76 194,81 7.07M
Coca-Cola KO 67,73 68,18 67,50 67,99 6.64M
Alphabet GOOGL 515,43 531,22 515,03 530,46 6.6M
McDonald's MCD 80,70 81,29 80,44 80,93 6.47M
Pepsico PEP 70,44 71,46 70,32 71,11 6.45M
Visa V 79,80 80,80 79,75 80,60 5.53M
Boeing BA 77,61 77,73 75,83 76,68 5.19M
United Technologies UTX 88,61 88,90 87,10 87,82 5.11M
3M MMM 95,28 95,46 93,14 93,86 4.85M
Berkshire Hathaway BRK.B 79,21 79,44 78,57 78,93 4.78M
Union Pacific UNP 100,52 101,20 98,97 99,79 3.61M
Exchange Rates of May 17, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81,400 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 0,972 CAD 1 CAD = 1,029 USD
US Dollar Swiss Franc 1 USD = 0,880 CHF 1 CHF = 1,136 USD
US Dollar Chinese Yuan 1 USD = 6,507 CNY 1 CNY = 0,154 USD
Euro Japanese Yen 1 EUR = 115,900 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,876 GBP 1 GBP = 1,142 EUR
Euro Australian Dollar 1 EUR = 1,340 AUD 1 AUD = 0,746 EUR
Euro Canadian Dollar 1 EUR = 1,383 CAD 1 CAD = 0,723 EUR
Euro Swiss Franc 1 EUR = 1,253 CHF 1 CHF = 0,798 EUR
Euro Chinese Yuan 1 EUR = 9,262 CNY 1 CNY = 0,108 EUR
Japanese Yen Pound Sterling 1 JPY = 0,755 GBP 1 GBP = 1,324 JPY
Japanese Yen Australian Dollar 1 JPY = 1,156 AUD 1 AUD = 0,865 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,193 CAD 1 CAD = 0,838 JPY
Japanese Yen Swiss Franc 1 JPY = 1,081 CHF 1 CHF = 0,925 JPY
Pound Sterling Australian Dollar 1 GBP = 1,529 AUD 1 AUD = 0,654 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,579 CAD 1 CAD = 0,633 GBP
Pound Sterling Swiss Franc 1 GBP = 1,430 CHF 1 CHF = 0,700 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,573 CNY 1 CNY = 0,095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,032 CAD 1 CAD = 0,969 AUD
Australian Dollar Swiss Franc 1 AUD = 0,934 CHF 1 CHF = 1,070 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,911 CNY 1 CNY = 0,145 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,906 CHF 1 CHF = 1,104 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,693 CNY 1 CNY = 0,149 CAD
Swiss Franc Chinese Yuan 1 CHF = 7,389 CNY 1 CNY = 0,135 CHF

See what else happened on May 17, 2011