Financial news on March 21, 2011

Business and Financial news
Battle for Control of Parmalat Attracts Attention of Italian Companies

The Italian bank Intesa Sanpaolo said it could team up with Ferrero, the maker of Nutella, to help keep Parmalat in Italian hands. Read more..

By REUTERS - International Herald Tribune

Cellphone Reception Is Getting Worse

Calls on smartphones and traditional cellphones have worsened over the last six months. The city with the worst reception is Washington. Read more..

By ALEX MINDLIN - The New York Times

From a Food Giant, a Broad Effort to Feed Hungry Children

ConAgra Foods is seeking to raise the visibility of its social cause — ending child hunger — with a marketing campaign that includes social media and a network-TV special. Read more..

By ELIZABETH OLSON - The New York Times

Japan Factories Take Steps to Resume Production

The announcement that Nissan would restart production was among a handful of encouraging signs for Japan’s economy in the wake of the earthquake and tsunami. Read more..


Morning Take-Out

Highlights from the DealBook newsletter. Read more..

By DEALBOOK - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and miscellaneous news about advertisers. Read more..

By STUART ELLIOTT - The New York Times

Rush of Events Gives Foreign News a Top Priority

Television news coverage of foreign events this year is at the highest level since the Sept. 11 terrorist attacks, putting strains on journalists covering foreign news. Read more..

By BRIAN STELTER - The New York Times

Shares of Sprint Down on AT&T Deal with T-Mobile

On Monday afternoon, shares of Sprint were down nearly 16 percent, to $4.26, as investors fretted about the fate of the nation’s third-largest carrier. Read more..

By DEALBOOK - The New York Times

Times’s Online Pay Model Was Years in the Making

The New York Times’s online pay model, which takes effect on March 28, may be the most watched experiment in American journalism. Read more..

By JEREMY W. PETERS - The New York Times

Treasury Auctions Set for This Week

The following tax-exempt fixed-income issues are scheduled for pricing this week. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AT&T Inc.T28.7729.1028.0928.2662M
Cisco SystemsCSCO17.3417.5517.3017.3957.4M
General ElectricGE19.6819.8019.5519.7253M
Wells Fargo & Co.WFC32.2432.2531.4631.8832.9M
JPMorgan ChaseJPM46.2846.3245.3245.6329M
Verizon CommunicationsVZ36.6637.3036.3836.4627M
Oracle Corp.ORCL31.4531.8531.3031.4223.2M
HP Inc.HPQ41.8542.1041.6541.7714.4M
General MotorsGM32.2432.3031.2331.2813.2M
Abbott LaboratoriesABT48.1348.2347.8348.0312.2M
Johnson & JohnsonJNJ58.6759.1658.6758.8310.7M
Bristol-Myers SquibbBMY25.9326.1825.8326.0010.6M
Procter & GamblePG60.9661.5260.8061.309.6M
Wal-Mart StoresWMT51.7352.0051.6851.928.72M
Home DepotHD36.2936.7036.2836.437.7M
Walt Disney & Co.DIS41.4641.9940.9941.827.13M
Gilead SciencesGILD40.5640.9440.2540.265.86M
International Business MachinesIBM157.64159.63157.07157.685.78M
Berkshire HathawayBRK.B84.0685.2083.7585.174.71M
UnitedHealth GroupUNH42.8343.4342.6643.194.59M
United TechnologiesUTX81.3082.0280.9281.463.26M
Union PacificUNP95.8096.9495.3596.571.93M
Exchange Rates of March 21, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 81.100 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 0.978 CAD1 CAD = 1.022 USD
US DollarSwiss Franc1 USD = 0.905 CHF1 CHF = 1.105 USD
US DollarChinese Yuan1 USD = 6.565 CNY1 CNY = 0.152 USD
EuroJapanese Yen1 EUR = 115.310 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.872 GBP1 GBP = 1.147 EUR
EuroAustralian Dollar1 EUR = 1.413 AUD1 AUD = 0.708 EUR
EuroCanadian Dollar1 EUR = 1.391 CAD1 CAD = 0.719 EUR
EuroSwiss Franc1 EUR = 1.287 CHF1 CHF = 0.777 EUR
EuroChinese Yuan1 EUR = 9.336 CNY1 CNY = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.756 GBP1 GBP = 1.323 JPY
Japanese YenAustralian Dollar1 JPY = 1.224 AUD1 AUD = 0.817 JPY
Japanese YenCanadian Dollar1 JPY = 1.206 CAD1 CAD = 0.829 JPY
Japanese YenSwiss Franc1 JPY = 1.116 CHF1 CHF = 0.896 JPY
Pound SterlingAustralian Dollar1 GBP = 1.620 AUD1 AUD = 0.617 GBP
Pound SterlingCanadian Dollar1 GBP = 1.595 CAD1 CAD = 0.627 GBP
Pound SterlingSwiss Franc1 GBP = 1.475 CHF1 CHF = 0.678 GBP
Pound SterlingChinese Yuan1 GBP = 10.703 CNY1 CNY = 0.093 GBP
Australian DollarCanadian Dollar1 AUD = 0.984 CAD1 CAD = 1.016 AUD
Australian DollarSwiss Franc1 AUD = 0.911 CHF1 CHF = 1.098 AUD
Australian DollarChinese Yuan1 AUD = 6.610 CNY1 CNY = 0.151 AUD
Canadian DollarSwiss Franc1 CAD = 0.925 CHF1 CHF = 1.081 CAD
Canadian DollarChinese Yuan1 CAD = 6.711 CNY1 CNY = 0.149 CAD
Swiss FrancChinese Yuan1 CHF = 7.254 CNY1 CNY = 0.138 CHF

See what else happened on March 21, 2011