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

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 17.35 17.42 17.07 17.14 125M
Microsoft MSFT 25.06 25.18 24.80 24.80 85.5M
General Electric GE 19.64 19.75 19.22 19.25 80M
Pfizer PFE 20.20 20.29 19.97 20.18 79.8M
JPMorgan Chase JPM 45.25 46.18 44.75 45.74 77.4M
Intel INTC 19.98 20.15 19.88 19.93 74M
Wells Fargo & Co. WFC 31.84 32.37 31.62 31.83 63.8M
Oracle Corp. ORCL 30.98 31.19 30.61 30.76 34.9M
HP Inc. HPQ 41.93 42.13 41.28 41.32 28.9M
ExxonMobil XOM 81.77 82.33 80.85 80.85 28.9M
Apple AAPL 337.13 338.20 330.00 330.67 26.9M
AT&T Inc. T 27.95 28.05 27.74 27.94 26.5M
Comcast CMCSA 24.47 24.48 23.86 23.86 23.8M
ConocoPhillips COP 77.87 78.59 75.34 75.35 21.5M
Verizon Communications VZ 35.61 35.84 35.35 35.84 20.8M
Merck MRK 31.78 31.98 31.66 31.91 19.5M
Abbott Laboratories ABT 47.57 48.34 47.49 47.91 19M
Procter & Gamble PG 60.92 61.07 60.12 60.60 17M
Altria MO 24.70 24.88 24.51 24.80 15.2M
Johnson & Johnson JNJ 58.56 58.69 58.10 58.57 14.4M
Bristol-Myers Squibb BMY 25.64 25.83 25.50 25.73 13.6M
Walt Disney & Co. DIS 41.25 41.67 41.17 41.23 13.3M
Amgen AMGN 53.73 53.92 52.75 52.94 12.8M
Coca-Cola KO 62.97 63.30 62.45 62.70 11.8M
Wal-Mart Stores WMT 51.63 51.89 51.25 51.52 11.8M
Schlumberger SLB 87.76 88.15 85.32 85.93 11.6M
International Business Machines IBM 156.50 156.95 154.32 155.89 11.4M
Home Depot HD 36.04 36.27 35.76 36.00 11.4M
Chevron CVX 103.37 103.97 102.36 102.80 11.4M
Gilead Sciences GILD 40.50 40.74 40.15 40.15 11.3M
General Motors GM 31.74 31.95 31.42 31.85 9.86M
McDonald's MCD 73.48 73.79 72.89 72.99 9.18M
Pepsico PEP 63.49 63.61 62.90 63.24 8.43M
Amazon AMZN 161.19 163.54 160.59 161.82 7.44M
UnitedHealth Group UNH 42.37 42.85 42.30 42.60 7.37M
Berkshire Hathaway BRK.B 83.88 84.33 82.92 83.48 7.25M
Alphabet GOOGL 564.64 567.99 559.74 561.06 6.59M
Visa V 72.12 72.14 70.92 71.42 6.32M
United Technologies UTX 80.50 80.91 79.82 80.16 6.06M
Boeing BA 69.21 69.58 68.67 69.10 5.06M
3M MMM 89.72 90.10 88.53 88.98 4.82M
Union Pacific UNP 95.15 96.00 94.14 95.02 4.51M
Exchange Rates of March 18, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 80.590 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.984 CAD 1 CAD = 1.016 USD
US Dollar Swiss Franc 1 USD = 0.901 CHF 1 CHF = 1.110 USD
US Dollar Chinese Yuan 1 USD = 6.570 CNY 1 CNY = 0.152 USD
Euro Japanese Yen 1 EUR = 114.280 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.874 GBP 1 GBP = 1.145 EUR
Euro Australian Dollar 1 EUR = 1.424 AUD 1 AUD = 0.702 EUR
Euro Canadian Dollar 1 EUR = 1.395 CAD 1 CAD = 0.717 EUR
Euro Swiss Franc 1 EUR = 1.277 CHF 1 CHF = 0.783 EUR
Euro Chinese Yuan 1 EUR = 9.317 CNY 1 CNY = 0.107 EUR
Japanese Yen Pound Sterling 1 JPY = 0.764 GBP 1 GBP = 1.309 JPY
Japanese Yen Australian Dollar 1 JPY = 1.245 AUD 1 AUD = 0.803 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.222 CAD 1 CAD = 0.818 JPY
Japanese Yen Swiss Franc 1 JPY = 1.118 CHF 1 CHF = 0.895 JPY
Pound Sterling Australian Dollar 1 GBP = 1.630 AUD 1 AUD = 0.614 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.598 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.462 CHF 1 CHF = 0.684 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.665 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.980 CAD 1 CAD = 1.021 AUD
Australian Dollar Swiss Franc 1 AUD = 0.897 CHF 1 CHF = 1.115 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.540 CNY 1 CNY = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.914 CHF 1 CHF = 1.094 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.675 CNY 1 CNY = 0.150 CAD
Swiss Franc Chinese Yuan 1 CHF = 7.295 CNY 1 CNY = 0.137 CHF

See what else happened on March 18, 2011