Financial news on March 20, 2009

Business and Financial news
A Hot Market for Second Homes in Costa Rica; Big Ecodevelopment on Track in the Caspian Sea

A stretch of coast in the province of Guanacaste, Costa Rica, is one of the fastest-growing and most-expensive markets for second homes in Central America. Read more..

By KEVIN BRASS - International Herald Tribune

A.I.G. Sues U.S. for Return of $306 Million in Tax Payments

A lawsuit seeking refunds, some involving tax deals in offshore havens, is being pursued with taxpayer funds. Read more..

By LYNNLEY BROWNING - The New York Times

As Dollar Shrinks, Oil Rises Above $50

The Fed’s decision to inject $1 trillion into the economy dragged down the value of the dollar and pushed the prices of oil and gold higher. Read more..

By JACK HEALY - The New York Times

Auto Parts Suppliers May Get Aid

The Obama administration announced a $5 billion fund to guarantee payments to suppliers for products shipped to automakers. Read more..

By BILL VLASIC - The New York Times

Charter in Talks to Give Equity Stakes to Debt Holders

Apollo Management and several other investment firms are in talks to convert their debt holdings in Charter Communications into equity stakes, a person briefed on the negotiations said Thursday. Read more..

By MICHAEL J. de la MERCED - The New York Times

False Start on a Laser Remedy for Fungus

A company has begun marketing its laser for use on toenail infections, even though it has not received clearance from the F.D.A. Read more..

By NATASHA SINGER - The New York Times

Jousting for Jobs

Steven Greenhouse looks at a growing competition for jobs between the young and old as unemployment soars in Broward County, Fla. Read more..

Jonathan Vigliotti - The New York Times

Modest Start to Fed Plan to Aid Sale of Securities

Some economists worry that the program, intended to foster lending, will give investors lucrative returns at the expense of taxpayers. Read more..

By VIKAS BAJAJ - The New York Times

Rapid Declines in Manufacturing Spread Global Anxiety

The depth and speed of the manufacturing plunge are striking, and recall conditions that led to the Great Depression. Read more..

By NELSON D. SCHWARTZ - The New York Times

U.S. Site Offers Guidance on Mortgage Troubles

The Obama administration launched a Web site to help troubled homeowners find out if they’re eligible for any relief under its loan modification or refinancing programs. Read more..

By TARA SIEGEL BERNARD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 10.05 10.07 9.26 9.54 253M
Wells Fargo & Co. WFC 15.39 15.47 13.95 13.99 167M
JPMorgan Chase JPM 24.66 24.78 23.15 23.15 109M
Intel INTC 15.19 15.40 14.35 14.65 84.6M
Microsoft MSFT 17.32 17.65 16.88 17.06 81.7M
Oracle Corp. ORCL 17.50 17.71 17.00 17.10 75.1M
Pfizer PFE 13.70 13.95 13.50 13.63 71.6M
ExxonMobil XOM 68.64 69.44 65.67 66.09 67.3M
Cisco Systems CSCO 16.37 16.57 15.75 15.91 66.1M
AT&T Inc. T 25.84 26.13 25.23 25.33 46.5M
Comcast CMCSA 13.19 13.35 12.49 12.72 33.1M
ConocoPhillips COP 38.82 39.30 37.65 37.81 29.4M
HP Inc. HPQ 29.31 29.99 28.70 28.85 28.3M
Verizon Communications VZ 30.43 30.59 29.55 29.61 27.6M
Johnson & Johnson JNJ 51.09 52.00 50.89 51.67 27.6M
Wal-Mart Stores WMT 50.14 50.39 48.99 49.59 26.3M
Merck MRK 26.62 27.20 26.31 26.72 25.7M
Procter & Gamble PG 46.55 46.94 45.52 45.59 25.6M
Apple AAPL 102.09 103.11 100.57 101.59 24.8M
Chevron CVX 67.54 67.98 64.27 64.71 23.8M
Home Depot HD 22.59 22.73 21.76 22.16 22.4M
Abbott Laboratories ABT 48.00 48.24 47.27 47.54 19.8M
Coca-Cola KO 42.32 43.14 42.31 42.64 19.2M
Altria MO 16.80 17.10 16.65 16.78 18.5M
Walt Disney & Co. DIS 17.80 17.98 17.08 17.45 17.8M
Bristol-Myers Squibb BMY 20.84 20.97 20.27 20.49 17.8M
Schlumberger SLB 44.59 44.77 41.24 41.52 17.4M
McDonald's MCD 54.48 55.23 52.94 53.20 13.8M
Gilead Sciences GILD 45.04 45.38 44.00 44.31 13.5M
UnitedHealth Group UNH 21.71 21.86 20.25 20.63 13.3M
Pepsico PEP 49.24 50.41 49.24 50.02 13.3M
Amgen AMGN 49.47 49.87 48.52 48.62 13.1M
International Business Machines IBM 93.16 95.00 92.18 92.51 12.2M
Boeing BA 33.22 33.50 32.54 32.55 11.3M
United Technologies UTX 41.61 41.92 40.39 40.53 10.4M
Alphabet GOOGL 330.30 332.99 326.34 330.16 9.47M
3M MMM 47.36 47.58 45.60 45.93 8.48M
Amazon AMZN 70.39 70.89 69.08 69.96 8.47M
Visa V 53.20 54.36 52.50 52.53 8.37M
Union Pacific UNP 40.19 40.35 38.38 38.69 5.9M
Berkshire Hathaway BRK.B 2775.00 2807.00 2753.00 2753.00 29K
Exchange Rates of March 20, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 95.910 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.240 CAD 1 CAD = 0.806 USD
US Dollar Swiss Franc 1 USD = 1.127 CHF 1 CHF = 0.887 USD
US Dollar Chinese Yuan 1 USD = 6.829 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 130.330 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.939 GBP 1 GBP = 1.065 EUR
Euro Australian Dollar 1 EUR = 1.976 AUD 1 AUD = 0.506 EUR
Euro Canadian Dollar 1 EUR = 1.685 CAD 1 CAD = 0.593 EUR
Euro Swiss Franc 1 EUR = 1.531 CHF 1 CHF = 0.653 EUR
Euro Chinese Yuan 1 EUR = 9.277 CNY 1 CNY = 0.108 EUR
Japanese Yen Pound Sterling 1 JPY = 0.720 GBP 1 GBP = 1.388 JPY
Japanese Yen Australian Dollar 1 JPY = 1.517 AUD 1 AUD = 0.659 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.293 CAD 1 CAD = 0.774 JPY
Japanese Yen Swiss Franc 1 JPY = 1.174 CHF 1 CHF = 0.852 JPY
Pound Sterling Australian Dollar 1 GBP = 2.104 AUD 1 AUD = 0.475 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.795 CAD 1 CAD = 0.557 GBP
Pound Sterling Swiss Franc 1 GBP = 1.630 CHF 1 CHF = 0.613 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.865 CNY 1 CNY = 0.101 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.852 CAD 1 CAD = 1.174 AUD
Australian Dollar Swiss Franc 1 AUD = 0.774 CHF 1 CHF = 1.292 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.688 CNY 1 CNY = 0.213 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.908 CHF 1 CHF = 1.101 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.503 CNY 1 CNY = 0.182 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.056 CNY 1 CNY = 0.165 CHF

See what else happened on March 20, 2009