Financial news on April 22, 2009

Business and Financial news
A Wider Loss at A.M.D. as Chip Sales Slow

Sales at the chipmaker fell 35 percent, although overall results were close to expectations. Read more..

By LAURIE J. FLYNN - The New York Times

Credit Markets Still Tight, Geithner Says

The Treasury secretary said that borrowing costs remained high despite government efforts. Read more..

By EDMUND L. ANDREWS and JACK HEALY - The New York Times

He’s Behind the Guffaws and the Gore

Clinton R. Culpepper is the producer behind many of the genre movies that have become consistent money-makers for the Screen Gems unit of Sony Pictures Entertainment. Read more..

By MICHAEL CIEPLY - The New York Times

Japan Pays Foreign Workers to Go Home

Latin Americans who have lost their jobs are being offered money to return to their home countries. Read more..

By HIROKO TABUCHI - The New York Times

Lockheed Won’t Fight Pentagon on F-22 Plan

Lockheed Martin accepted plans to phase out the jet after a meeting with Defense Secretary Robert Gates, but some lawmakers may push for more planes to avoid job losses. Read more..

By CHRISTOPHER DREW - The New York Times

Quadrangle Facing Questions Over Pension Funds

Steven Rattner’s investment company is one of several caught up in an inquiry into corruption in pension funds. Read more..

By LOUISE STORY - The New York Times

Shakeout Nears for Real Estate Firms

Several large REITs plan to avoid following General Growth Properties into bankruptcy court by reinvigorating themselves with capital from new equity issues. Read more..

By TERRY PRISTIN - The New York Times

Times Co. Reports Loss of $74 Million

The company joined the roster of newspaper companies recording the steepest advertising declines in generations. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

U.S. in Standoff With Banks Over Chrysler

Big lenders have resisted demands from the Obama administration to restructure Chrysler’s debt. Read more..

By BILL VLASIC and DAVID E. SANGER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 18.21 20.56 18.15 18.18 248M
General Electric GE 11.66 12.48 11.52 11.80 130M
JPMorgan Chase JPM 31.64 34.14 31.32 31.90 124M
Intel INTC 15.19 16.11 15.08 15.67 95.3M
Pfizer PFE 13.43 13.44 13.04 13.04 72.2M
Microsoft MSFT 18.76 19.19 18.70 18.78 59.4M
Cisco Systems CSCO 17.45 18.02 17.43 17.44 54.7M
Merck MRK 23.40 23.50 22.33 22.97 53M
AT&T Inc. T 25.80 26.43 25.46 25.74 50.2M
Oracle Corp. ORCL 19.52 19.75 19.09 19.35 40M
Apple AAPL 122.63 125.35 121.20 121.51 33.5M
ExxonMobil XOM 65.64 65.84 64.56 64.75 31.1M
Altria MO 16.58 17.34 16.46 16.85 29.4M
Abbott Laboratories ABT 44.13 44.14 42.35 42.50 28.8M
Home Depot HD 25.63 26.92 25.48 26.17 23.9M
Pepsico PEP 49.86 50.20 47.88 47.98 20.5M
Wal-Mart Stores WMT 49.59 50.23 48.82 48.96 20.4M
Comcast CMCSA 14.01 14.35 14.00 14.05 19.6M
Verizon Communications VZ 31.03 31.64 30.83 30.91 18M
UnitedHealth Group UNH 22.86 23.63 22.50 22.81 17.2M
Schlumberger SLB 45.65 48.24 45.24 46.23 16.1M
ConocoPhillips COP 38.32 38.89 37.98 38.06 15.9M
Walt Disney & Co. DIS 19.30 19.74 19.00 19.40 15.8M
HP Inc. HPQ 34.74 35.54 34.60 34.68 15.3M
Gilead Sciences GILD 46.23 47.73 45.97 46.22 14.6M
Coca-Cola KO 43.20 43.22 42.60 42.93 14.5M
Procter & Gamble PG 50.96 50.96 49.54 49.60 13.4M
Johnson & Johnson JNJ 52.10 52.15 51.11 51.18 13.3M
McDonald's MCD 55.78 56.51 54.20 54.25 12.7M
International Business Machines IBM 101.17 103.86 101.06 102.55 12.1M
Chevron CVX 64.33 64.87 63.55 63.75 11.9M
Boeing BA 37.85 38.32 36.54 37.30 11.6M
Bristol-Myers Squibb BMY 19.92 20.01 19.59 19.81 11.2M
Amgen AMGN 46.28 46.32 44.96 45.11 9.32M
Amazon AMZN 78.17 82.18 77.81 79.20 8.78M
Visa V 57.80 59.94 57.21 57.51 8.67M
Union Pacific UNP 45.78 49.05 45.53 47.72 8.49M
United Technologies UTX 47.63 48.44 46.84 46.89 8.23M
Alphabet GOOGL 381.75 390.00 379.01 383.86 7M
3M MMM 52.62 54.35 52.25 53.06 5.89M
Berkshire Hathaway BRK.B 2845.00 2908.00 2801.00 2801.00 45.5K
Exchange Rates of April 22, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.950 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.239 CAD 1 CAD = 0.807 USD
US Dollar Swiss Franc 1 USD = 1.164 CHF 1 CHF = 0.859 USD
US Dollar Chinese Yuan 1 USD = 6.831 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 127.370 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.898 GBP 1 GBP = 1.114 EUR
Euro Australian Dollar 1 EUR = 1.842 AUD 1 AUD = 0.543 EUR
Euro Canadian Dollar 1 EUR = 1.611 CAD 1 CAD = 0.621 EUR
Euro Swiss Franc 1 EUR = 1.513 CHF 1 CHF = 0.661 EUR
Euro Chinese Yuan 1 EUR = 8.877 CNY 1 CNY = 0.113 EUR
Japanese Yen Pound Sterling 1 JPY = 0.704 GBP 1 GBP = 1.420 JPY
Japanese Yen Australian Dollar 1 JPY = 1.446 AUD 1 AUD = 0.692 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.264 CAD 1 CAD = 0.791 JPY
Japanese Yen Swiss Franc 1 JPY = 1.188 CHF 1 CHF = 0.842 JPY
Pound Sterling Australian Dollar 1 GBP = 2.051 AUD 1 AUD = 0.488 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.794 CAD 1 CAD = 0.558 GBP
Pound Sterling Swiss Franc 1 GBP = 1.685 CHF 1 CHF = 0.593 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.878 CNY 1 CNY = 0.101 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.874 CAD 1 CAD = 1.144 AUD
Australian Dollar Swiss Franc 1 AUD = 0.821 CHF 1 CHF = 1.218 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.813 CNY 1 CNY = 0.208 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.939 CHF 1 CHF = 1.065 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.506 CNY 1 CNY = 0.182 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.868 CNY 1 CNY = 0.170 CHF

See what else happened on April 22, 2009