Financial news on April 21st, 2008

Business and Financial news
2 Banks Said to Be Trying to Raise More Capital

Bank of America and National City Corporation are said to be looking for ways to raise fresh capital. Read more..

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

In Lean Times, Biotech Grains Are Less Taboo

Governments, consumers and food companies are feeling pressures to relax resistance to genetically engineered crops. Read more..

By ANDREW POLLACK - The New York Times

In Politics, the Gaffe Goes Viral

Political gaffes have now entered a supercharged ecosystem of cable, bloggers and digitally enabled mainstream media outlets. Indeed nothing is more viral than a screw-up. Read more..

By DAVID CARR - The New York Times

Liberal’s Foes Tax His Stoic Sense

Alan Colmes, the left-leaning voice on the Fox News Channel’s “Hannity & Colmes,” stands out for publishing a smattering of e-mail messages, and responses, every week on his personal blog. Read more..

By BRIAN STELTER - The New York Times

Oil and Gasoline Prices Climb Higher

Oil jumped to a record, and gasoline prices rose above $3.50 a gallon for the first time across the nation. Read more..

By JAD MOUAWAD - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

People Editor Returns as Writer

Richard B. Stolley, the former editor of People, at age 79 has being contributing a few short features to the magazine. Read more..

By LIA MILLER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO24.3625.0024.2624.8943M
General ElectricGE32.6032.7432.3832.4633.4M
Oracle Corp.ORCL21.4121.9121.4121.7626.1M
AT&T Inc.T37.4637.8837.0837.5925M
Wells Fargo & Co.WFC29.9429.9429.0629.2724.4M
JPMorgan ChaseJPM45.2845.4844.6045.2323.5M
Abbott LaboratoriesABT50.5550.8450.0950.5321.7M
Home DepotHD28.5029.1728.1128.9816.5M
Wal-Mart StoresWMT56.0756.4855.7556.3814.4M
Verizon CommunicationsVZ35.9036.1035.5435.9611.7M
Procter & GamblePG66.9168.0266.7467.8010.5M
Bristol-Myers SquibbBMY22.0522.2221.6521.849.99M
Johnson & JohnsonJNJ66.2566.5766.0566.328.98M
Walt Disney & Co.DIS31.1031.5031.0531.468.8M
HP Inc.HPQ47.7348.5347.6048.458.1M
UnitedHealth GroupUNH37.0438.1037.0437.818.09M
International Business MachinesIBM122.05124.51122.05124.356.95M
Gilead SciencesGILD51.9252.8451.5152.106.91M
United TechnologiesUTX71.9872.3471.6072.093.62M
Union PacificUNP137.60138.16136.21137.802.79M
Berkshire HathawayBRK.B4293.004298.004260.504275.0014.8K
Exchange Rates of April 21st, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 103.240 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.006 CAD1 CAD = 0.994 USD
US DollarSwiss Franc1 USD = 1.009 CHF1 CHF = 0.992 USD
US DollarChinese Yuan1 USD = 7.000 CNY1 CNY = 0.143 USD
EuroJapanese Yen1 EUR = 164.250 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.804 GBP1 GBP = 1.244 EUR
EuroAustralian Dollar1 EUR = 1.687 AUD1 AUD = 0.593 EUR
EuroCanadian Dollar1 EUR = 1.600 CAD1 CAD = 0.625 EUR
EuroSwiss Franc1 EUR = 1.605 CHF1 CHF = 0.623 EUR
Japanese YenPound Sterling1 JPY = 0.489 GBP1 GBP = 2.045 JPY
Japanese YenAustralian Dollar1 JPY = 1.027 AUD1 AUD = 0.974 JPY
Japanese YenCanadian Dollar1 JPY = 0.974 CAD1 CAD = 1.027 JPY
Japanese YenSwiss Franc1 JPY = 0.977 CHF1 CHF = 1.024 JPY
Pound SterlingAustralian Dollar1 GBP = 2.100 AUD1 AUD = 0.476 GBP
Pound SterlingCanadian Dollar1 GBP = 1.991 CAD1 CAD = 0.502 GBP
Pound SterlingSwiss Franc1 GBP = 1.996 CHF1 CHF = 0.501 GBP
Australian DollarCanadian Dollar1 AUD = 0.947 CAD1 CAD = 1.056 AUD
Australian DollarSwiss Franc1 AUD = 0.950 CHF1 CHF = 1.053 AUD
Canadian DollarSwiss Franc1 CAD = 1.003 CHF1 CHF = 0.998 CAD

See what else happened on April 21st, 2008