Financial news on May 19, 2010
Business and Financial news
Togetherville, a social networking site intended for use by children between the ages of six and 10 and their parents, aims to keep children safe from cyberbullying and other online dangers while allowing them to become comfortable with online interaction. Read more..
Baltimore hopes to recreate the success of other cities by turning the area near Camden Yards into an arts district. Read more..
Hollywood clashed with Wall Street at a government hearing about the potential sale of futures contracts linked to box office receipts of major motion pictures. Read more..
Given that Cisco Systems, Microsoft and Google have tens of billions of dollars trapped outside the United States, young techies should consider basing or at least incorporating their new technology businesses overseas, Reuters Breakingviews suggests. Read more..
Symantec announced that it had agreed to buy VeriSign’s authentication services business, which encrypts online payments, for $1.28 billion in cash. Read more..
Symantec is near a deal to buy VeriSign’s authentication services unit for $1.3 billion, people briefed on the matter told DealBook on Tuesday Read more..
Toyota’s failure to make timely disclosure of vehicle problems resulted in the largest fine of an automaker by the United States. Read more..
Financial chaos is about to hit the world’s second-largest government bond market, traders were saying as they responded to the German ban Tuesday, The Telegraph reported. Read more..
Twitter, the rapidly expanding microblogging service, planned to have hundreds of advertisers using its new ad system in the fourth quarter as the company ramps up plans to become a self-sustaining, profitable business, Reuters reported. Read more..
Stocks on Wall Street fell on Tuesday and the euro retreated to a new low, in part after Germany moved to impose tighter regulation of financial markets. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 17.07 | 17.38 | 16.75 | 17.26 | 135M |
Intel | INTC | 21.52 | 21.71 | 21.00 | 21.60 | 89.5M |
Pfizer | PFE | 15.75 | 15.94 | 15.60 | 15.82 | 82.1M |
Wells Fargo & Co. | WFC | 29.95 | 30.28 | 29.09 | 30.08 | 72.5M |
JPMorgan Chase | JPM | 38.54 | 39.66 | 38.52 | 39.38 | 64.6M |
Cisco Systems | CSCO | 24.23 | 24.52 | 23.97 | 24.26 | 62.4M |
Microsoft | MSFT | 28.52 | 28.69 | 27.79 | 28.24 | 61.7M |
ExxonMobil | XOM | 62.46 | 62.94 | 62.00 | 62.45 | 36.7M |
Apple | AAPL | 249.50 | 252.92 | 244.85 | 248.34 | 36.6M |
Visa | V | 70.71 | 74.20 | 70.71 | 72.97 | 32.9M |
HP Inc. | HPQ | 47.91 | 48.15 | 46.34 | 47.00 | 32.3M |
AT&T Inc. | T | 25.53 | 25.71 | 25.30 | 25.57 | 30.8M |
Oracle Corp. | ORCL | 23.22 | 23.50 | 23.02 | 23.19 | 29.8M |
Home Depot | HD | 34.38 | 34.57 | 33.65 | 34.38 | 27.2M |
Verizon Communications | VZ | 28.31 | 28.62 | 28.29 | 28.51 | 25.5M |
Comcast | CMCSA | 17.66 | 17.77 | 17.24 | 17.58 | 22.1M |
Merck | MRK | 32.20 | 32.90 | 32.07 | 32.62 | 21.2M |
Wal-Mart Stores | WMT | 53.53 | 53.76 | 52.79 | 53.04 | 20.4M |
Abbott Laboratories | ABT | 47.87 | 48.35 | 47.81 | 47.94 | 19.1M |
Johnson & Johnson | JNJ | 62.69 | 62.96 | 62.05 | 62.22 | 18.9M |
Walt Disney & Co. | DIS | 33.47 | 33.80 | 33.09 | 33.39 | 18.5M |
ConocoPhillips | COP | 54.29 | 54.79 | 53.35 | 53.91 | 18.1M |
Altria | MO | 21.23 | 21.37 | 21.07 | 21.31 | 18M |
Gilead Sciences | GILD | 38.40 | 39.44 | 38.10 | 39.00 | 17.4M |
Bristol-Myers Squibb | BMY | 23.46 | 23.85 | 23.31 | 23.71 | 16.4M |
Procter & Gamble | PG | 63.10 | 63.60 | 62.81 | 63.22 | 15.9M |
Schlumberger | SLB | 63.45 | 64.41 | 61.64 | 62.59 | 15.5M |
Chevron | CVX | 76.35 | 77.00 | 75.54 | 76.60 | 10.8M |
Coca-Cola | KO | 53.00 | 53.35 | 52.46 | 53.12 | 10.6M |
UnitedHealth Group | UNH | 30.11 | 30.25 | 29.75 | 29.99 | 10.1M |
Boeing | BA | 66.85 | 67.55 | 65.29 | 66.21 | 9.97M |
International Business Machines | IBM | 129.37 | 130.50 | 127.82 | 128.86 | 8.67M |
United Technologies | UTX | 70.16 | 70.75 | 68.66 | 69.35 | 8.5M |
Pepsico | PEP | 66.30 | 66.38 | 65.50 | 66.04 | 7.87M |
McDonald's | MCD | 69.66 | 69.95 | 68.90 | 69.40 | 7.81M |
Alphabet | GOOGL | 496.26 | 499.44 | 487.74 | 494.43 | 6.88M |
Amazon | AMZN | 125.51 | 127.93 | 123.80 | 124.59 | 6.46M |
3M | MMM | 83.34 | 83.34 | 81.95 | 82.54 | 6.41M |
Amgen | AMGN | 54.50 | 55.76 | 54.34 | 55.26 | 5.82M |
Union Pacific | UNP | 72.54 | 73.57 | 70.22 | 71.58 | 5.6M |
Berkshire Hathaway | BRK.B | 75.05 | 76.30 | 74.26 | 75.83 | 4.68M |
Exchange Rates of May 19, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 91.800 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.042 CAD | 1 CAD = 0.959 USD |
US Dollar | Swiss Franc | 1 USD = 1.151 CHF | 1 CHF = 0.869 USD |
US Dollar | Chinese Yuan | 1 USD = 6.828 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 114.050 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.859 GBP | 1 GBP = 1.164 EUR |
Euro | Australian Dollar | 1 EUR = 1.462 AUD | 1 AUD = 0.684 EUR |
Euro | Canadian Dollar | 1 EUR = 1.295 CAD | 1 CAD = 0.772 EUR |
Euro | Swiss Franc | 1 EUR = 1.430 CHF | 1 CHF = 0.699 EUR |
Euro | Chinese Yuan | 1 EUR = 8.487 CNY | 1 CNY = 0.118 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.753 GBP | 1 GBP = 1.328 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.281 AUD | 1 AUD = 0.781 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.135 CAD | 1 CAD = 0.881 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.253 CHF | 1 CHF = 0.798 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.701 AUD | 1 AUD = 0.588 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.507 CAD | 1 CAD = 0.664 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.663 CHF | 1 CHF = 0.601 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.863 CNY | 1 CNY = 0.101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.886 CAD | 1 CAD = 1.129 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.978 CHF | 1 CHF = 1.023 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.802 CNY | 1 CNY = 0.172 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.103 CHF | 1 CHF = 0.906 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.554 CNY | 1 CNY = 0.153 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5.934 CNY | 1 CNY = 0.169 CHF |
See what else happened on May 19, 2010