Financial news on April 21st, 2010

Business and Financial news
After Charges, Goldman Rivals Start to Circle

Wall Street is unforgiving to the weak, and although the investment bank is unfamiliar with the role of prey instead of predator, its rivals are trying to punish it while it is under scrutiny from the S.E.C. Read more..

By DEALBOOK - The New York Times

Back to the Futures: Hollywood Exchange Approved

U.S. regulators on Tuesday gave the thumbs up for a second market that would give speculators a way to bet on expected movie box office receipts, but again withheld a decision on the contracts that would allow trading to begin. Read more..

By DEALBOOK - The New York Times

Bloomberg Said to Need Rattner to Manage Fortune

The financier, under scrutiny in a kickback inquiry, is said to be creating a fund to manage Michael Bloomberg’s fortune and finance his philanthropic foundation. Read more..

By DEALBOOK - The New York Times

Chrysler Lost $4 Billion but Sees Improvement

Chrysler also reported positive cash flow and a small operating profit in the first quarter of 2010. Read more..

By DEALBOOK - The New York Times

Debt Burdens Risk Prolonging Credit Weakness, I.M.F. Warns

Worsening public debt problems could undermine gains in global financial stability and prolong the weakness of the credit markets, the I.M.F. said. Read more..

By SEWELL CHAN - International Herald Tribune

Financial Debate Renews Scrutiny on Banks’ Size

In financial legislation before the Senate, there is no attempt to break up big banks as a means of creating a less risky financial system. Read more..

By SEWELL CHAN - The New York Times

John Harwood Interviews President Obama

John Harwood of The New York Times and CNBC interviewed President Obama on economic policy, Wall Street, and new tax legislation. Read more..

None None - The New York Times

Quattrone’s Boutique Hires Ex-Colleague Boutros

The former Credit Suisse banker has poached two of his former colleagues, including the senior technology deal-maker George F. Boutros, as his advisory boutique continues to land high-profile assignments. Read more..

By DEALBOOK - The New York Times

Salesforce Buys Jigsaw for $142 Million

The computing company has agreed to acquire a Web site that offers Wikipedia-like crowdsourced data, Tech Crunch reported. Read more..

By DEALBOOK - The New York Times

Will Google Shell Out $1 Billion for ITA Software?

Google is in talks to acquire ITA Software, an airline technology and services provider, in a deal that could end up costing the search giant $1 billion, Bloomberg News reported. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC32,5934,2532,5133,0196.2M
Gilead SciencesGILD41,9842,5039,9040,7673.2M
General ElectricGE19,1019,1818,8919,0358.4M
JPMorgan ChaseJPM46,0446,3945,0045,3546.3M
AT&T Inc.T26,7426,7526,1426,3444.7M
Cisco SystemsCSCO27,1727,4027,1227,2442.7M
Abbott LaboratoriesABT52,8052,9551,4751,7826.2M
Oracle Corp.ORCL26,1226,3325,9826,2924.3M
Verizon CommunicationsVZ29,7929,8329,4329,5624.2M
Home DepotHD35,1535,4435,0935,2719.6M
Bristol-Myers SquibbBMY25,4125,4324,9725,1015.9M
UnitedHealth GroupUNH31,1431,4530,0930,2613.7M
Johnson & JohnsonJNJ65,9865,9865,0765,3913.4M
HP Inc.HPQ53,3854,0353,2553,7011.6M
United TechnologiesUTX73,6377,0973,6376,9310.7M
Procter & GamblePG63,2163,6663,1263,639.86M
Walt Disney & Co.DIS36,3936,7536,3536,569.04M
International Business MachinesIBM129,87130,27128,50128,997.56M
Wal-Mart StoresWMT54,5254,5754,1954,474.83M
Berkshire HathawayBRK.B80,2080,2078,1178,873.98M
Union PacificUNP76,7377,3476,3277,032.58M
Exchange Rates of April 21st, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 93,170 JPY1 JPY = 0,011 USD
US DollarCanadian Dollar1 USD = 0,999 CAD1 CAD = 1,001 USD
US DollarSwiss Franc1 USD = 1,070 CHF1 CHF = 0,934 USD
US DollarChinese Yuan1 USD = 6,829 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 124,700 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,869 GBP1 GBP = 1,151 EUR
EuroAustralian Dollar1 EUR = 1,444 AUD1 AUD = 0,692 EUR
EuroCanadian Dollar1 EUR = 1,337 CAD1 CAD = 0,748 EUR
EuroSwiss Franc1 EUR = 1,433 CHF1 CHF = 0,698 EUR
EuroChinese Yuan1 EUR = 9,140 CNY1 CNY = 0,109 EUR
Japanese YenPound Sterling1 JPY = 0,696 GBP1 GBP = 1,436 JPY
Japanese YenAustralian Dollar1 JPY = 1,158 AUD1 AUD = 0,864 JPY
Japanese YenCanadian Dollar1 JPY = 1,072 CAD1 CAD = 0,933 JPY
Japanese YenSwiss Franc1 JPY = 1,149 CHF1 CHF = 0,871 JPY
Pound SterlingAustralian Dollar1 GBP = 1,663 AUD1 AUD = 0,601 GBP
Pound SterlingCanadian Dollar1 GBP = 1,539 CAD1 CAD = 0,650 GBP
Pound SterlingSwiss Franc1 GBP = 1,649 CHF1 CHF = 0,606 GBP
Pound SterlingChinese Yuan1 GBP = 10,511 CNY1 CNY = 0,095 GBP
Australian DollarCanadian Dollar1 AUD = 0,925 CAD1 CAD = 1,081 AUD
Australian DollarSwiss Franc1 AUD = 0,991 CHF1 CHF = 1,009 AUD
Australian DollarChinese Yuan1 AUD = 6,328 CNY1 CNY = 0,158 AUD
Canadian DollarSwiss Franc1 CAD = 1,071 CHF1 CHF = 0,934 CAD
Canadian DollarChinese Yuan1 CAD = 6,830 CNY1 CNY = 0,146 CAD
Swiss FrancChinese Yuan1 CHF = 6,378 CNY1 CNY = 0,157 CHF

See what else happened on April 21st, 2010