Financial news on May 21, 2009

Business and Financial news
At Least 3 Bids Likely for G.M.’s European Business

The bids for Opel and Vauxhall will be reviewed simultaneously by the German government, which holds the key to financing any deal. Read more..

By CARTER DOUGHERTY - The New York Times

Daniel Carasso, a Pioneer of Yogurt, Dies at 103

Mr. Carasso helped turn yogurt from an obscure ethnic food into an international staple through the Danone brand in Europe and Dannon in the United States. Read more..

By WILLIAM GRIMES - The New York Times

Ex-Duracell Chairman to Lead New Chrysler

C. Robert Kidder will succeed Robert L. Nardelli, who will step down when Chrysler emerges from Chapter 11. Read more..

By NICK BUNKLEY - The New York Times

The Last Holdouts Cast Their Lot With G.M.

Having turned down repeated buyout offers, 450 workers continue to show up to work at G.M.’s Flint North plant, preferring to stand their ground, come what may. Read more..

By BILL VLASIC and NICK BUNKLEY - The New York Times

Tracking Someone Else’s Every Move, With Permission

With the right kind of cellphone, you can watch a person’s every movement using the new Glympse application. Read more..

By BOB TEDESCHI - The New York Times

Treasury Is Said to Plan Second Bailout for GMAC

The former financing arm of G.M. will receive $7.5 billion, which would bring its total federal assistance to more than $12 billion. Read more..

By EDMUND L. ANDREWS - The New York Times

Typing-Expansion Software

Over the years, as I recognize more words that I type often, I’ve built up quite a list with hundreds of abbreviations. Read more..

By DAVID POGUE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 13.51 13.53 13.05 13.24 105M
Wells Fargo & Co. WFC 23.45 25.27 23.44 25.04 98.8M
JPMorgan Chase JPM 34.19 35.36 33.67 34.90 65.1M
Cisco Systems CSCO 18.43 18.50 17.85 18.10 63.3M
Intel INTC 15.36 15.43 15.05 15.18 59.5M
Microsoft MSFT 20.14 20.23 19.51 19.82 58.2M
Pfizer PFE 15.03 15.19 14.68 14.83 49.3M
AT&T Inc. T 23.98 24.25 23.45 23.67 30.9M
Oracle Corp. ORCL 18.76 18.83 18.35 18.57 26.3M
Home Depot HD 23.49 23.83 22.64 22.89 25.5M
HP Inc. HPQ 34.31 34.39 33.55 34.22 25.4M
ExxonMobil XOM 68.72 68.98 67.99 68.39 24M
Merck MRK 25.73 26.19 25.41 26.12 22.6M
Comcast CMCSA 14.68 14.74 14.23 14.45 21M
Verizon Communications VZ 29.57 29.64 28.80 29.16 18M
Wal-Mart Stores WMT 48.81 49.53 48.67 49.11 15.7M
ConocoPhillips COP 45.18 45.35 44.13 44.66 15.7M
Altria MO 16.63 16.72 16.54 16.64 14.8M
Apple AAPL 125.15 126.78 122.89 124.18 14.6M
Coca-Cola KO 46.64 46.82 46.40 46.68 14.2M
Visa V 64.51 66.32 64.47 66.28 13.9M
Abbott Laboratories ABT 43.01 43.43 42.80 43.32 13.2M
Walt Disney & Co. DIS 23.08 23.30 22.93 23.23 12.6M
Johnson & Johnson JNJ 55.43 55.58 54.45 54.99 12.5M
Chevron CVX 64.53 64.90 63.85 64.47 12.5M
Procter & Gamble PG 53.48 53.48 52.51 53.02 11.2M
Schlumberger SLB 53.60 53.71 51.50 51.94 11.1M
McDonald's MCD 55.68 56.25 55.22 55.69 10.3M
Bristol-Myers Squibb BMY 20.46 20.71 20.19 20.39 9.85M
Gilead Sciences GILD 42.60 43.08 42.25 42.56 9.85M
UnitedHealth Group UNH 27.36 28.47 26.64 26.92 9.29M
International Business Machines IBM 103.07 103.25 101.74 102.82 7.41M
Amgen AMGN 50.00 50.53 48.80 49.49 6.37M
United Technologies UTX 51.04 51.18 49.90 50.76 6.18M
Pepsico PEP 51.64 51.87 50.99 51.49 6.1M
Boeing BA 43.99 44.00 42.70 43.29 5.78M
Amazon AMZN 76.69 77.97 75.40 75.96 5.64M
Alphabet GOOGL 396.30 402.84 393.84 396.50 5.43M
Union Pacific UNP 47.48 47.63 45.58 46.01 5.34M
3M MMM 57.45 57.70 56.02 56.55 4.72M
Berkshire Hathaway BRK.B 2952.00 2963.00 2910.00 2929.00 27.7K
Exchange Rates of May 21, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 94.340 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.137 CAD 1 CAD = 0.880 USD
US Dollar Swiss Franc 1 USD = 1.093 CHF 1 CHF = 0.915 USD
US Dollar Chinese Yuan 1 USD = 6.825 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 131.150 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.877 GBP 1 GBP = 1.141 EUR
Euro Australian Dollar 1 EUR = 1.786 AUD 1 AUD = 0.560 EUR
Euro Canadian Dollar 1 EUR = 1.580 CAD 1 CAD = 0.633 EUR
Euro Swiss Franc 1 EUR = 1.519 CHF 1 CHF = 0.658 EUR
Euro Chinese Yuan 1 EUR = 9.486 CNY 1 CNY = 0.105 EUR
Japanese Yen Pound Sterling 1 JPY = 0.668 GBP 1 GBP = 1.497 JPY
Japanese Yen Australian Dollar 1 JPY = 1.360 AUD 1 AUD = 0.735 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.204 CAD 1 CAD = 0.830 JPY
Japanese Yen Swiss Franc 1 JPY = 1.158 CHF 1 CHF = 0.864 JPY
Pound Sterling Australian Dollar 1 GBP = 2.036 AUD 1 AUD = 0.491 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.802 CAD 1 CAD = 0.555 GBP
Pound Sterling Swiss Franc 1 GBP = 1.732 CHF 1 CHF = 0.577 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.806 CNY 1 CNY = 0.093 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.885 CAD 1 CAD = 1.131 AUD
Australian Dollar Swiss Franc 1 AUD = 0.851 CHF 1 CHF = 1.176 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.317 CNY 1 CNY = 0.188 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.961 CHF 1 CHF = 1.041 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.003 CNY 1 CNY = 0.167 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.243 CNY 1 CNY = 0.160 CHF

See what else happened on May 21, 2009