Financial news on April 20, 2012

Business and Financial news
BRICS Agitate for a Seat at the Table

Discontent with their lack of influence within existing financial institutions, Brazil, Russia, India, China and South Africa are exploring options like their own BRICS bank. Read more..

By DIDI KIRSTEN TATLOW - International Herald Tribune

Builder of Rare Earth Plant in Malaysia Counters Complaints

Australian firm Lynas is almost ready to open its rare earth refinery in Malaysia, but the project has brought about a flurry of opposition; company says it has carried out testing to ensure that the waste from refining, including radioactive material, will be well within safe levels. Read more..

By LIZ GOOCH and KEITH BRADSHER - The New York Times

Feeling at Home in the Heart of Toronto

Condominiums in the city, Canada's largest with 2.5 million people, are being snapped up as fast as they go on the market. Read more..

By ELAINE SMITH - International Herald Tribune

France and Spain Clear Bond Auction Hurdle

Government bond auctions in the two countries were oversubscribed on Thursday, though for Spain the cost was rising yields, indicating growing concerns about taming its deficit. Read more..

By REUTERS - International Herald Tribune

In One Man’s Return, the Tax Code’s Unfairness

A reporter’s income in 2011 was higher than it was in 2010. Yet his tax rate went down. Wasn’t the opposite supposed to happen? Read more..

By JAMES B. STEWART - The New York Times

Marketing Hotels as Places Full of Fun and Discovery

Jane L Levere Advertising column notes Renaissance, a hotel brand owned by Marriott International, and Revel, a resort and casino in Atlantic City, are running lifestyle campaigns intended to attract young, hip guests. Read more..

By JANE L. LEVERE - The New York Times

Mobile Data Service Fees Help Bolster Profit at Verizon

Verizon Wireless added fewer customers in the first quarter, but fees helped firm to post a profit of $1.7 billion. Read more..

By BRIAN X. CHEN - The New York Times

No Place for Heated Opinions

A Discovery Channel series about changes in polar regions does not mention causes, avoiding the fury that often accompanies mention of climate change. Read more..

By BRIAN STELTER - The New York Times

Rising Fears That Recovery May Once More Be Faltering

Global finance leaders are meeting in Washington to discuss oil prices, unemployment and other issues putting a cloud over the global economic picture. Read more..

By ANNIE LOWREY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 32,15 32,89 32,05 32,42 106M
General Electric GE 19,43 19,64 19,25 19,36 67.9M
Intel INTC 27,72 27,97 27,57 27,60 38.1M
Pfizer PFE 22,31 22,73 22,28 22,56 37.8M
Apple AAPL 591,38 594,62 570,42 572,98 36.8M
Oracle Corp. ORCL 29,12 29,53 28,88 28,88 35.7M
Cisco Systems CSCO 19,93 20,04 19,84 19,91 34.3M
JPMorgan Chase JPM 43,51 43,58 42,71 42,72 26.2M
Wells Fargo & Co. WFC 33,23 33,32 32,90 33,00 23.5M
AT&T Inc. T 30,74 31,09 30,70 30,86 22.1M
HP Inc. HPQ 24,77 24,94 24,45 24,51 19.6M
Schlumberger SLB 72,73 74,52 71,61 71,70 19.5M
Verizon Communications VZ 38,24 38,91 38,24 38,73 19.3M
Abbott Laboratories ABT 59,38 60,22 59,30 59,88 18.1M
ExxonMobil XOM 85,55 85,92 85,03 85,30 17.2M
Gilead Sciences GILD 52,23 52,53 50,43 51,00 14.9M
Merck MRK 38,31 38,89 38,30 38,73 14.9M
Johnson & Johnson JNJ 63,22 63,97 63,20 63,71 14.3M
Comcast CMCSA 29,55 29,76 29,42 29,45 14.1M
Bristol-Myers Squibb BMY 34,03 34,27 33,87 34,23 13.8M
General Motors GM 24,06 24,06 23,52 23,60 12.9M
Procter & Gamble PG 66,71 67,61 66,59 67,51 11.1M
Home Depot HD 51,80 51,93 51,26 51,46 11M
McDonald's MCD 96,91 97,77 95,66 95,94 11M
ConocoPhillips COP 73,11 73,54 72,67 72,88 9.3M
Wal-Mart Stores WMT 61,70 62,49 61,66 62,45 9M
UnitedHealth Group UNH 59,16 59,71 58,93 59,51 8.38M
Altria MO 31,82 32,10 31,68 31,89 8.35M
Walt Disney & Co. DIS 42,24 42,84 42,24 42,35 7.77M
Pepsico PEP 66,17 66,74 66,10 66,63 7.3M
Coca-Cola KO 73,96 74,35 73,74 74,13 6.73M
Alphabet GOOGL 604,25 608,85 595,83 596,06 6.11M
Chevron CVX 103,11 103,84 102,42 102,52 5.81M
Berkshire Hathaway BRK.B 79,27 79,56 78,86 78,90 5.65M
Amgen AMGN 67,25 68,59 67,23 68,47 5.09M
International Business Machines IBM 199,83 200,12 199,09 199,60 4.76M
Boeing BA 73,27 74,03 73,10 73,55 4.3M
Union Pacific UNP 105,89 107,42 104,83 107,26 4.22M
United Technologies UTX 80,61 81,54 80,61 81,00 3.62M
Amazon AMZN 192,34 193,48 189,80 189,98 3.24M
3M MMM 86,99 87,80 86,91 87,48 3.18M
Visa V 121,82 122,15 120,58 121,01 1.96M
Exchange Rates of April 20, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81,490 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 0,992 CAD 1 CAD = 1,008 USD
US Dollar Swiss Franc 1 USD = 0,908 CHF 1 CHF = 1,101 USD
US Dollar Chinese Yuan 1 USD = 6,309 CNY 1 CNY = 0,159 USD
Euro Japanese Yen 1 EUR = 107,770 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,820 GBP 1 GBP = 1,220 EUR
Euro Australian Dollar 1 EUR = 1,274 AUD 1 AUD = 0,785 EUR
Euro Canadian Dollar 1 EUR = 1,311 CAD 1 CAD = 0,763 EUR
Euro Swiss Franc 1 EUR = 1,201 CHF 1 CHF = 0,833 EUR
Euro Chinese Yuan 1 EUR = 8,329 CNY 1 CNY = 0,120 EUR
Japanese Yen Pound Sterling 1 JPY = 0,760 GBP 1 GBP = 1,315 JPY
Japanese Yen Australian Dollar 1 JPY = 1,181 AUD 1 AUD = 0,847 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,216 CAD 1 CAD = 0,822 JPY
Japanese Yen Swiss Franc 1 JPY = 1,115 CHF 1 CHF = 0,897 JPY
Pound Sterling Australian Dollar 1 GBP = 1,555 AUD 1 AUD = 0,643 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,600 CAD 1 CAD = 0,625 GBP
Pound Sterling Swiss Franc 1 GBP = 1,465 CHF 1 CHF = 0,683 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,168 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,028 CAD 1 CAD = 0,973 AUD
Australian Dollar Swiss Franc 1 AUD = 0,942 CHF 1 CHF = 1,062 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,537 CNY 1 CNY = 0,153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,915 CHF 1 CHF = 1,093 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,350 CNY 1 CNY = 0,157 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,933 CNY 1 CNY = 0,144 CHF

See what else happened on April 20, 2012