Financial news on April 19, 2012

Business and Financial news
Ambitious Photo Tools That Won’t Make You Feel Dumb

Bob Tedeschi App Smart column highlights apps for creating and sharing entire photo albums. Read more..

By BOB TEDESCHI - The New York Times

Bank of New York Mellon Earnings Slip

Bank of New York Mellon reports first-quarter profit of $619 million, or 52 cents a share, down 1 percent from $625 million, or 50 cents a share, in year-ago quarter. Read more..

By BLOOMBERG NEWS - The New York Times

Enjoying Turntables Without Obsessing

Turntable sales are growing as more people buy them to play vinyl record albums; how they work and different models are highlighted. Read more..

By ROY FURCHGOTT - The New York Times

Forsaking Investment Banking to Turn Around a Family Business

Interview with Newark Nut Co chief Jeffrey Braverman features him discussing leaving Wall Street career to increase the family business's Internet sales. Read more..

By IAN MOUNT - The New York Times

Halliburton Earnings Up Despite Gulf Spill Charge

Halliburton reports first-quarter profit of $627 million, or 68 cents a share, up 22.7 percent from $511 million, or 56 cents a share, in year-ago quarter; revenue rose 30 percent to $6.87 billion. Read more..

By THE ASSOCIATED PRESS - The New York Times

In Spain, Euro Rescue Fund May Face Its Biggest Test

Concern over the health of Spain’s banks is fueling speculation that, for the first time, the euro zone's bailout fund might be needed to help recapitalize the financial institutions of a big country; analyst views differ sharply. Read more..

By STEPHEN CASTLE - The New York Times

Need Research on Generation Y? There’s a Film for That

Stuart Elliott Advertising column notes that NBCUniversal has created Curve Films, which will produce movies that deliver research data and other information to potential marketers. Read more..

By STUART ELLIOTT - The New York Times

PayPal Strength Helps eBay Exceed Forecasts

EBay posts higher revenue and net income because of a sustained turnaround of its Internet marketplace and the soaring popularity of the PayPal online payment system; first-quarter profit was $570 million, or 44 cents a share, up 20 percent from year-ago quarter; revenue rose 29 percent to $3.3 billion. Read more..

By SOMINI SENGUPTA - The New York Times

Qualcomm Beats Forecast, but Strains to Get Chips

Qualcomm reports fiscal second-quarter profit of $2.23 billion, or $1.28 a share, compared with $999 million, or 59 cents a share, in year-ago quarter; revenue rose 28 percent to $4.94 billion. Read more..

By BLOOMBERG NEWS - The New York Times

Shares Dip After Letdowns From 2 Bellwethers

Stock prices slip as IBM misses its revenue forecast and Intel's results do not impress investors. Read more..

By REUTERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 31.13 31.68 30.94 31.01 54.8M
General Electric GE 19.17 19.25 18.97 19.14 52.2M
Intel INTC 27.87 28.09 27.44 27.69 43M
Gilead Sciences GILD 54.45 54.75 51.60 52.25 36M
Cisco Systems CSCO 20.02 20.31 19.78 19.91 34.6M
Pfizer PFE 22.53 22.58 22.20 22.34 31.5M
Apple AAPL 600.22 604.73 584.52 587.44 29.8M
Oracle Corp. ORCL 28.99 29.46 28.67 29.01 26.5M
JPMorgan Chase JPM 43.44 43.69 42.77 43.22 26M
Wells Fargo & Co. WFC 33.70 33.77 32.89 33.12 25.4M
Bristol-Myers Squibb BMY 34.72 35.00 33.80 33.93 23.5M
Abbott Laboratories ABT 59.82 59.89 59.04 59.51 22.9M
Verizon Communications VZ 38.12 38.60 37.95 38.15 18.5M
HP Inc. HPQ 24.86 25.15 24.48 24.71 18.1M
AT&T Inc. T 30.79 30.88 30.60 30.74 16.7M
ExxonMobil XOM 85.51 85.92 84.98 85.28 16M
Johnson & Johnson JNJ 63.22 63.54 62.76 63.03 15.2M
McDonald's MCD 97.16 97.24 94.13 95.28 13.9M
Comcast CMCSA 29.69 30.05 29.42 29.48 11.6M
General Motors GM 24.09 24.87 23.87 24.01 11.2M
Home Depot HD 51.80 51.97 51.29 51.56 10.9M
UnitedHealth Group UNH 57.28 59.35 56.99 58.71 10.8M
Merck MRK 38.55 38.62 38.16 38.36 10.7M
ConocoPhillips COP 73.19 73.39 72.30 72.89 9.46M
Schlumberger SLB 70.12 71.25 69.37 69.80 9.07M
Procter & Gamble PG 66.88 66.91 66.23 66.57 7.72M
Union Pacific UNP 107.27 110.34 104.34 105.70 7.28M
Altria MO 31.70 31.81 31.50 31.78 7.08M
Walt Disney & Co. DIS 42.43 42.51 41.80 42.08 7.07M
Chevron CVX 103.27 103.64 102.18 102.51 6.77M
Alphabet GOOGL 605.69 616.26 599.00 599.30 6.58M
Pepsico PEP 66.20 66.36 66.00 66.15 6.53M
Wal-Mart Stores WMT 61.96 62.05 61.47 61.75 6.38M
International Business Machines IBM 200.03 201.26 197.52 199.51 5.76M
Coca-Cola KO 74.29 74.34 73.42 73.82 5.37M
Berkshire Hathaway BRK.B 79.77 80.03 78.75 79.28 4.47M
Amazon AMZN 192.93 194.55 189.75 191.10 4M
Boeing BA 73.73 73.96 72.66 73.10 3.73M
Amgen AMGN 67.26 67.91 66.92 67.13 3.41M
United Technologies UTX 81.09 81.58 80.00 80.40 2.66M
3M MMM 87.19 87.55 86.13 86.80 2.56M
Visa V 121.27 122.26 120.51 121.19 2.13M
Exchange Rates of April 19, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.590 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.995 CAD 1 CAD = 1.005 USD
US Dollar Swiss Franc 1 USD = 0.915 CHF 1 CHF = 1.093 USD
US Dollar Chinese Yuan 1 USD = 6.304 CNY 1 CNY = 0.159 USD
Euro Japanese Yen 1 EUR = 107.160 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.818 GBP 1 GBP = 1.222 EUR
Euro Australian Dollar 1 EUR = 1.271 AUD 1 AUD = 0.787 EUR
Euro Canadian Dollar 1 EUR = 1.307 CAD 1 CAD = 0.765 EUR
Euro Swiss Franc 1 EUR = 1.202 CHF 1 CHF = 0.832 EUR
Euro Chinese Yuan 1 EUR = 8.281 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.763 GBP 1 GBP = 1.311 JPY
Japanese Yen Australian Dollar 1 JPY = 1.185 AUD 1 AUD = 0.844 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.219 CAD 1 CAD = 0.821 JPY
Japanese Yen Swiss Franc 1 JPY = 1.121 CHF 1 CHF = 0.892 JPY
Pound Sterling Australian Dollar 1 GBP = 1.553 AUD 1 AUD = 0.644 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.597 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.469 CHF 1 CHF = 0.681 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.120 CNY 1 CNY = 0.099 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.028 CAD 1 CAD = 0.973 AUD
Australian Dollar Swiss Franc 1 AUD = 0.946 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.516 CNY 1 CNY = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.919 CHF 1 CHF = 1.088 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.334 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.888 CNY 1 CNY = 0.145 CHF

See what else happened on April 19, 2012