Financial news on April 20, 2010
Business and Financial news
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..
The Senate Agriculture Committee, more used to dealing with farm subsidies than Wall Street, has drawn enormous interest from lobbyists and donors. Read more..
From Floyd Norris: Did Wall Street make a fundamental error in its lobbying strategy on financial reform? Read more..
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..
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..
The investment bank posted another big quarterly profit as it faces a major lawsuit by the Securities and Exchange Commission. Read more..
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..
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..
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..
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..
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
Currencies | Exchange 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