Financial news on March 18, 2011

Business and Financial news
Crisis Prompts Exodus of Executives From Tokyo

Japan’s nuclear crisis has prompted a steady departure of business executives from Tokyo, with many heading to Osaka, Fukuoka or other cities farther from the damaged reactors. Read more..

By DAVID JOLLY and KEN BELSON - The New York Times

F.D.I.C. Sues Ex-Chief of Big Bank That Failed

The chief, Kerry Killinger, and two other executives were accused of reckless lending practices that led to the collapse of the nation’s largest savings bank. Read more..

By ERIC DASH - The New York Times

France Advances Investigation Into Crash of Airbus Jet That Killed 228 en Route to Paris

Airbus is under formal investigation for the crash in 2009 that killed 228 people aboard a flight to Paris. Read more..

By NICOLA CLARK - The New York Times

Fuel Costs and Storms Reduce FedEx Earnings 3%

FedEx, an economic bellwether, reported its sixth consecutive money-losing quarter but said it would return to be profitability in its fourth quarter. Read more..

By THE ASSOCIATED PRESS - The New York Times

Funds Find Opportunities in Volatility

Alphabet Management is finding price discrepancies and making big bets by trading on them. Read more..

By JULIE CRESWELL and LOUISE STORY - The New York Times

Group of 7 to Intervene to Stabilize Yen’s Value

The leading industrial nations will intervene in currency exchange markets to stop the rise of the yen and help Japan’s export markets. Read more..

By BINYAMIN APPELBAUM - The New York Times

New Details Are Announced for Europe’s Bank Stress Tests

The regulator stopped short of saying which banks would be tested and how much capital they would be required to maintain. Read more..

By LANDON THOMAS Jr - The New York Times

Report Urges Even Higher Global Retirement Ages

The agency says additional cost-saving measures are required for advanced economies to avoid resurgence of “old-age poverty.” Read more..

By MATTHEW SALTMARSH - The New York Times

SecurID Company Suffers a Breach of Data Security

The RSA Security unit of EMC said that a data breach might compromise computer security products used by corporations and governments. Read more..

By JOHN MARKOFF - The New York Times

Spain’s Borrowing Rates Ease in Latest Bond Sale

Market focus now shifts to Ireland, with many investors concerned that an aid package for Dublin could stretch the European bailout fund to a breaking point. Read more..

By RAPHAEL MINDER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.3517.4217.0717.14125M
MicrosoftMSFT25.0625.1824.8024.8085.5M
General ElectricGE19.6419.7519.2219.2580M
PfizerPFE20.2020.2919.9720.1879.8M
JPMorgan ChaseJPM45.2546.1844.7545.7477.4M
IntelINTC19.9820.1519.8819.9374M
Wells Fargo & Co.WFC31.8432.3731.6231.8363.8M
Oracle Corp.ORCL30.9831.1930.6130.7634.9M
HP Inc.HPQ41.9342.1341.2841.3228.9M
ExxonMobilXOM81.7782.3380.8580.8528.9M
AppleAAPL337.13338.20330.00330.6726.9M
AT&T Inc.T27.9528.0527.7427.9426.5M
ComcastCMCSA24.4724.4823.8623.8623.8M
ConocoPhillipsCOP77.8778.5975.3475.3521.5M
Verizon CommunicationsVZ35.6135.8435.3535.8420.8M
MerckMRK31.7831.9831.6631.9119.5M
Abbott LaboratoriesABT47.5748.3447.4947.9119M
Procter & GamblePG60.9261.0760.1260.6017M
AltriaMO24.7024.8824.5124.8015.2M
Johnson & JohnsonJNJ58.5658.6958.1058.5714.4M
Bristol-Myers SquibbBMY25.6425.8325.5025.7313.6M
Walt Disney & Co.DIS41.2541.6741.1741.2313.3M
AmgenAMGN53.7353.9252.7552.9412.8M
Coca-ColaKO62.9763.3062.4562.7011.8M
Wal-Mart StoresWMT51.6351.8951.2551.5211.8M
SchlumbergerSLB87.7688.1585.3285.9311.6M
International Business MachinesIBM156.50156.95154.32155.8911.4M
Home DepotHD36.0436.2735.7636.0011.4M
ChevronCVX103.37103.97102.36102.8011.4M
Gilead SciencesGILD40.5040.7440.1540.1511.3M
General MotorsGM31.7431.9531.4231.859.86M
McDonald'sMCD73.4873.7972.8972.999.18M
PepsicoPEP63.4963.6162.9063.248.43M
AmazonAMZN161.19163.54160.59161.827.44M
UnitedHealth GroupUNH42.3742.8542.3042.607.37M
Berkshire HathawayBRK.B83.8884.3382.9283.487.25M
AlphabetGOOGL564.64567.99559.74561.066.59M
VisaV72.1272.1470.9271.426.32M
United TechnologiesUTX80.5080.9179.8280.166.06M
BoeingBA69.2169.5868.6769.105.06M
3MMMM89.7290.1088.5388.984.82M
Union PacificUNP95.1596.0094.1495.024.51M
Exchange Rates of March 18, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 80.590 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 0.984 CAD1 CAD = 1.016 USD
US DollarSwiss Franc1 USD = 0.901 CHF1 CHF = 1.110 USD
US DollarChinese Yuan1 USD = 6.570 CNY1 CNY = 0.152 USD
EuroJapanese Yen1 EUR = 114.280 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.874 GBP1 GBP = 1.145 EUR
EuroAustralian Dollar1 EUR = 1.424 AUD1 AUD = 0.702 EUR
EuroCanadian Dollar1 EUR = 1.395 CAD1 CAD = 0.717 EUR
EuroSwiss Franc1 EUR = 1.277 CHF1 CHF = 0.783 EUR
EuroChinese Yuan1 EUR = 9.317 CNY1 CNY = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.764 GBP1 GBP = 1.309 JPY
Japanese YenAustralian Dollar1 JPY = 1.245 AUD1 AUD = 0.803 JPY
Japanese YenCanadian Dollar1 JPY = 1.222 CAD1 CAD = 0.818 JPY
Japanese YenSwiss Franc1 JPY = 1.118 CHF1 CHF = 0.895 JPY
Pound SterlingAustralian Dollar1 GBP = 1.630 AUD1 AUD = 0.614 GBP
Pound SterlingCanadian Dollar1 GBP = 1.598 CAD1 CAD = 0.626 GBP
Pound SterlingSwiss Franc1 GBP = 1.462 CHF1 CHF = 0.684 GBP
Pound SterlingChinese Yuan1 GBP = 10.665 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 0.980 CAD1 CAD = 1.021 AUD
Australian DollarSwiss Franc1 AUD = 0.897 CHF1 CHF = 1.115 AUD
Australian DollarChinese Yuan1 AUD = 6.540 CNY1 CNY = 0.153 AUD
Canadian DollarSwiss Franc1 CAD = 0.914 CHF1 CHF = 1.094 CAD
Canadian DollarChinese Yuan1 CAD = 6.675 CNY1 CNY = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 7.295 CNY1 CNY = 0.137 CHF

See what else happened on March 18, 2011