Financial news on March 20th, 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..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE10,0510,079,269,54253M
Wells Fargo & Co.WFC15,3915,4713,9513,99167M
JPMorgan ChaseJPM24,6624,7823,1523,15109M
Oracle Corp.ORCL17,5017,7117,0017,1075.1M
Cisco SystemsCSCO16,3716,5715,7515,9166.1M
AT&T Inc.T25,8426,1325,2325,3346.5M
HP Inc.HPQ29,3129,9928,7028,8528.3M
Verizon CommunicationsVZ30,4330,5929,5529,6127.6M
Johnson & JohnsonJNJ51,0952,0050,8951,6727.6M
Wal-Mart StoresWMT50,1450,3948,9949,5926.3M
Procter & GamblePG46,5546,9445,5245,5925.6M
Home DepotHD22,5922,7321,7622,1622.4M
Abbott LaboratoriesABT48,0048,2447,2747,5419.8M
Walt Disney & Co.DIS17,8017,9817,0817,4517.8M
Bristol-Myers SquibbBMY20,8420,9720,2720,4917.8M
Gilead SciencesGILD45,0445,3844,0044,3113.5M
UnitedHealth GroupUNH21,7121,8620,2520,6313.3M
International Business MachinesIBM93,1695,0092,1892,5112.2M
United TechnologiesUTX41,6141,9240,3940,5310.4M
Union PacificUNP40,1940,3538,3838,695.9M
Berkshire HathawayBRK.B2775,002807,002753,002753,0029K
Exchange Rates of March 20th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 95,910 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,240 CAD1 CAD = 0,806 USD
US DollarSwiss Franc1 USD = 1,127 CHF1 CHF = 0,887 USD
US DollarChinese Yuan1 USD = 6,829 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 130,330 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,939 GBP1 GBP = 1,065 EUR
EuroAustralian Dollar1 EUR = 1,976 AUD1 AUD = 0,506 EUR
EuroCanadian Dollar1 EUR = 1,685 CAD1 CAD = 0,593 EUR
EuroSwiss Franc1 EUR = 1,531 CHF1 CHF = 0,653 EUR
EuroChinese Yuan1 EUR = 9,277 CNY1 CNY = 0,108 EUR
Japanese YenPound Sterling1 JPY = 0,720 GBP1 GBP = 1,388 JPY
Japanese YenAustralian Dollar1 JPY = 1,517 AUD1 AUD = 0,659 JPY
Japanese YenCanadian Dollar1 JPY = 1,293 CAD1 CAD = 0,774 JPY
Japanese YenSwiss Franc1 JPY = 1,174 CHF1 CHF = 0,852 JPY
Pound SterlingAustralian Dollar1 GBP = 2,104 AUD1 AUD = 0,475 GBP
Pound SterlingCanadian Dollar1 GBP = 1,795 CAD1 CAD = 0,557 GBP
Pound SterlingSwiss Franc1 GBP = 1,630 CHF1 CHF = 0,613 GBP
Pound SterlingChinese Yuan1 GBP = 9,865 CNY1 CNY = 0,101 GBP
Australian DollarCanadian Dollar1 AUD = 0,852 CAD1 CAD = 1,174 AUD
Australian DollarSwiss Franc1 AUD = 0,774 CHF1 CHF = 1,292 AUD
Australian DollarChinese Yuan1 AUD = 4,688 CNY1 CNY = 0,213 AUD
Canadian DollarSwiss Franc1 CAD = 0,908 CHF1 CHF = 1,101 CAD
Canadian DollarChinese Yuan1 CAD = 5,503 CNY1 CNY = 0,182 CAD
Swiss FrancChinese Yuan1 CHF = 6,056 CNY1 CNY = 0,165 CHF

See what else happened on March 20th, 2009