Financial news on April 20, 2010

Business and Financial news
A Candidate Makes an Asset of His Wall Street Past

Harry Wilson, a Republican contender for state comptroller, says New York needs a Wall Street veteran like himself to oversee its $129.4 billion pension fund. Read more..

By DANNY HAKIM - The New York Times

A Finance Overhaul Fight Draws a Swarm of Lobbyists

The Senate Agriculture Committee, more used to dealing with farm subsidies than Wall Street, has drawn enormous interest from lobbyists and donors. Read more..

By DEALBOOK - The New York Times

Did Wall Street Blow It, Again?

From Floyd Norris: Did Wall Street make a fundamental error in its lobbying strategy on financial reform? Read more..

By DEALBOOK - The New York Times

F.S.A. Investigating Goldman Sachs

The Financial Services Authority, Britain’s financial regulator, said it had opened a formal investigation into Goldman Sachs in relation to recent accusations that the firm had defrauded investors. Read more..

By DEALBOOK - The New York Times

Goldman Fails to Shift Focus From Fraud Case

Despite the bank’s blockbuster earnings report, executives of Goldman Sachs found themselves mostly answering questions about the S.E.C.’s lawsuit. Read more..

By DEALBOOK - The New York Times

Goldman Posts $3.46 Billion 1st-Quarter Profit

The investment bank posted another big quarterly profit as it faces a major lawsuit by the Securities and Exchange Commission. Read more..

By DEALBOOK - The New York Times

Here Come the L.B.O.’s

Public companies have quickly become leveraged-buyout targets again, suggesting a marked change from the acrimony that surrounded the last round of private equity deals, Reuters Breakingviews says. Read more..

By DEALBOOK - The New York Times

Paulson Said to Buy 13% of American Capital

The billionaire investor John Paulson is investing as the business development company gets a much-needed capital infusion to restructure debt, sending its shares up 14 percent, Reuters reported. Read more..

By DEALBOOK - The New York Times

When Wall Street Deals Resemble Casino Wagers

Why was Goldman, or any regulated bank, allowed to create and sell a product like the synthetic C.D.O. at the center of the government’s case? Read more..

By DEALBOOK - The New York Times

White House Tepid as Ex-Aide Joins Goldman Defense

The White House offered a tepid response on Tuesday to word that President Obama’s former White House counsel is now representing Goldman Sachs in its legal battle with the Securities and Exchange Commission. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.20 24.25 23.90 24.12 66M
General Electric GE 19.04 19.20 18.98 19.00 57.7M
Pfizer PFE 16.83 16.87 16.73 16.76 56.5M
Microsoft MSFT 31.22 31.44 31.13 31.36 52.2M
Cisco Systems CSCO 27.19 27.45 27.06 27.18 47.2M
Wells Fargo & Co. WFC 33.19 33.89 33.00 33.69 46.8M
JPMorgan Chase JPM 45.77 46.15 45.56 45.88 39.3M
AT&T Inc. T 26.42 26.74 26.36 26.66 34.5M
UnitedHealth Group UNH 32.22 32.23 30.26 30.98 26.6M
Apple AAPL 248.54 249.25 242.96 244.59 26.4M
Oracle Corp. ORCL 26.38 26.41 26.02 26.15 23.7M
ExxonMobil XOM 68.62 69.22 68.50 68.97 23M
Comcast CMCSA 18.62 18.72 18.48 18.54 17M
Walt Disney & Co. DIS 36.28 36.65 36.28 36.54 16.5M
Coca-Cola KO 55.22 55.29 54.32 54.47 16.3M
Verizon Communications VZ 29.79 29.83 29.54 29.76 15.9M
International Business Machines IBM 129.20 130.33 128.26 129.69 15.2M
Home Depot HD 35.32 35.49 35.01 35.18 14.8M
Gilead Sciences GILD 45.66 45.98 44.76 45.07 13.9M
Bristol-Myers Squibb BMY 25.86 25.90 25.34 25.43 13.4M
Abbott Laboratories ABT 53.03 53.25 52.92 53.06 13.3M
Altria MO 21.00 21.20 20.95 21.17 13.2M
HP Inc. HPQ 53.85 53.99 53.36 53.56 12.3M
ConocoPhillips COP 57.07 57.61 56.94 57.40 12.1M
Schlumberger SLB 66.40 68.00 66.19 67.85 12M
Johnson & Johnson JNJ 66.03 66.20 65.73 65.99 11.9M
Chevron CVX 81.82 82.36 81.66 82.05 11.5M
Procter & Gamble PG 63.47 63.49 63.03 63.19 11.2M
Merck MRK 36.05 36.40 35.87 36.06 10.2M
Wal-Mart Stores WMT 54.49 54.82 54.38 54.52 9.09M
McDonald's MCD 69.98 70.59 69.95 70.34 7.34M
Amgen AMGN 61.10 61.10 59.90 60.18 7.22M
Pepsico PEP 66.17 66.40 65.72 65.90 6.78M
Alphabet GOOGL 554.17 559.66 551.06 555.04 5.95M
3M MMM 84.41 85.85 84.32 85.27 5.74M
United Technologies UTX 74.13 74.68 73.27 74.20 4.98M
Boeing BA 71.54 71.98 70.95 71.41 4.76M
Amazon AMZN 143.83 144.64 142.10 144.20 4.31M
Berkshire Hathaway BRK.B 79.87 80.12 79.32 80.01 3.45M
Union Pacific UNP 75.99 76.97 75.86 76.71 3.36M
Visa V 93.65 94.09 92.50 94.05 2.27M
Exchange Rates of April 20, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 93.210 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 0.998 CAD 1 CAD = 1.002 USD
US Dollar Swiss Franc 1 USD = 1.068 CHF 1 CHF = 0.936 USD
US Dollar Chinese Yuan 1 USD = 6.826 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 125.280 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.874 GBP 1 GBP = 1.145 EUR
Euro Australian Dollar 1 EUR = 1.442 AUD 1 AUD = 0.694 EUR
Euro Canadian Dollar 1 EUR = 1.342 CAD 1 CAD = 0.745 EUR
Euro Swiss Franc 1 EUR = 1.436 CHF 1 CHF = 0.697 EUR
Euro Chinese Yuan 1 EUR = 9.173 CNY 1 CNY = 0.109 EUR
Japanese Yen Pound Sterling 1 JPY = 0.697 GBP 1 GBP = 1.435 JPY
Japanese Yen Australian Dollar 1 JPY = 1.150 AUD 1 AUD = 0.869 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.071 CAD 1 CAD = 0.934 JPY
Japanese Yen Swiss Franc 1 JPY = 1.146 CHF 1 CHF = 0.873 JPY
Pound Sterling Australian Dollar 1 GBP = 1.650 AUD 1 AUD = 0.606 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.536 CAD 1 CAD = 0.651 GBP
Pound Sterling Swiss Franc 1 GBP = 1.643 CHF 1 CHF = 0.609 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.488 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.931 CAD 1 CAD = 1.075 AUD
Australian Dollar Swiss Franc 1 AUD = 0.995 CHF 1 CHF = 1.005 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.363 CNY 1 CNY = 0.157 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.069 CHF 1 CHF = 0.935 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.839 CNY 1 CNY = 0.146 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.389 CNY 1 CNY = 0.157 CHF

See what else happened on April 20, 2010