Financial news on March 23, 2010

Business and Financial news
As the E.U. Does More, Fewer Tell About It

Around the globe, journalism jobs are being cut. In Brussels, the trend is acute, even though the Union is taking on a larger global role. Read more..

By STEPHEN CASTLE - International Herald Tribune

Bank Panel Clears Bill on Overhaul

A committee vote along party lines has effectively deferred a partisan struggle over the financial legislation’s provisions. Read more..

By SEWELL CHAN - The New York Times

Betting the Situation Will Not Get Lost in Translation

MTV is promoting its decision to show “Jersey Shore” in dozens of countries, a gamble that the show’s distinct appeal will stretch far beyond the United States. Read more..

By BRIAN STELTER - The New York Times

Big Clients Keep Their Head Start

A judge’s recent decision could presage a larger effort by Wall Street banks to limit the distribution of news about their research. Read more..

By ANDREW ROSS SORKIN - The New York Times

Google Faces Fallout as China Reacts to Site Shift

Google’s China operations came under pressure as some content from its uncensored Hong Kong site was blocked. Read more..

By MIGUEL HELFT and MICHAEL WINES - The New York Times

I.M.F. Is More Likely to Lead Efforts for Aid to Greece

European Union officials acknowledged that there was little chance of agreeing on an aid package this week. Read more..

By STEPHEN CASTLE - The New York Times

In Canada, Local Stations May Negotiate a Cable Fee

The system will allow owners of conventional television stations to negotiate payment from operators of cable and satellite TV systems. Read more..

By IAN AUSTEN - The New York Times

The Case for Ending the Mortgage Deduction

Mortgages should be made less attractive. That’s one lesson of the recent housing bubble and bust. Read more..

By AGNES T. CRANE - The New York Times

U.S. Proposals for Taxes on Banks to Cover the Bailouts Gain Ground in Europe

Germany and Britain both plan levies on banks to offset the cost of any future bailouts. Read more..

By MATTHEW SALTMARSH - The New York Times

U.S. Set to Expand Role in Protecting Air Travelers

A requirement that passengers be allowed to leave planes stuck on the tarmac for more than three hours will take effect April 29. Read more..

By SUSAN STELLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 18.16 18.45 18.15 18.33 108M
Pfizer PFE 17.28 17.58 17.20 17.54 73.9M
Intel INTC 22.39 22.75 22.36 22.67 64.7M
Cisco Systems CSCO 26.19 26.75 26.17 26.64 48.9M
Microsoft MSFT 29.59 29.90 29.41 29.88 42M
Wells Fargo & Co. WFC 30.47 31.12 30.38 31.08 39.3M
JPMorgan Chase JPM 43.85 44.74 43.78 44.58 33.7M
Oracle Corp. ORCL 25.67 26.00 25.54 25.99 25.8M
ExxonMobil XOM 66.94 66.98 66.45 66.95 24.8M
Apple AAPL 225.64 228.78 224.10 228.36 21.5M
Comcast CMCSA 17.82 18.13 17.71 18.09 20.8M
AT&T Inc. T 26.48 26.57 26.33 26.55 18.1M
Verizon Communications VZ 30.70 30.98 30.60 30.98 15.4M
Merck MRK 38.57 38.75 38.25 38.50 12.3M
Procter & Gamble PG 63.93 64.58 63.66 64.53 11.8M
ConocoPhillips COP 52.07 52.60 51.72 52.51 11.7M
Bristol-Myers Squibb BMY 26.51 26.81 26.33 26.79 11.5M
Home Depot HD 32.59 32.63 32.27 32.59 11.5M
UnitedHealth Group UNH 33.36 33.46 32.96 33.16 11.4M
Alphabet GOOGL 557.04 558.31 542.00 549.00 11M
Schlumberger SLB 63.53 63.97 62.78 63.03 10.7M
Abbott Laboratories ABT 54.11 54.39 53.82 54.34 9.7M
HP Inc. HPQ 53.01 53.16 52.71 53.15 9.65M
Coca-Cola KO 54.71 55.34 54.41 55.30 9.54M
Johnson & Johnson JNJ 65.18 65.39 64.87 65.36 9.45M
Wal-Mart Stores WMT 55.63 56.00 55.61 55.89 9.37M
Altria MO 20.45 20.54 20.36 20.52 8.92M
Gilead Sciences GILD 48.42 48.44 47.43 47.76 8.67M
McDonald's MCD 67.14 67.35 66.83 67.35 8.06M
Chevron CVX 74.43 74.79 74.03 74.77 8.01M
Walt Disney & Co. DIS 34.00 34.10 33.73 34.01 7.04M
Pepsico PEP 66.39 67.00 66.24 66.86 6.41M
International Business Machines IBM 127.94 129.43 127.64 129.37 5.98M
Amgen AMGN 59.91 60.08 59.61 60.06 5.02M
Berkshire Hathaway BRK.B 82.45 82.45 81.70 82.33 5.01M
Boeing BA 72.54 72.63 71.51 72.18 4.99M
United Technologies UTX 72.72 73.17 72.58 73.09 4.96M
Amazon AMZN 130.89 130.94 128.07 129.26 4.21M
3M MMM 82.10 82.41 81.16 82.35 4.15M
Visa V 89.50 90.30 89.25 89.98 3.38M
Union Pacific UNP 74.17 74.24 73.00 73.70 3.14M
Exchange Rates of March 23, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 90.460 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.016 CAD 1 CAD = 0.984 USD
US Dollar Swiss Franc 1 USD = 1.058 CHF 1 CHF = 0.946 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 122.050 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.897 GBP 1 GBP = 1.114 EUR
Euro Australian Dollar 1 EUR = 1.469 AUD 1 AUD = 0.681 EUR
Euro Canadian Dollar 1 EUR = 1.371 CAD 1 CAD = 0.729 EUR
Euro Swiss Franc 1 EUR = 1.427 CHF 1 CHF = 0.701 EUR
Euro Chinese Yuan 1 EUR = 9.214 CNY 1 CNY = 0.109 EUR
Japanese Yen Pound Sterling 1 JPY = 0.735 GBP 1 GBP = 1.361 JPY
Japanese Yen Australian Dollar 1 JPY = 1.203 AUD 1 AUD = 0.831 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.123 CAD 1 CAD = 0.890 JPY
Japanese Yen Swiss Franc 1 JPY = 1.169 CHF 1 CHF = 0.856 JPY
Pound Sterling Australian Dollar 1 GBP = 1.636 AUD 1 AUD = 0.611 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.528 CAD 1 CAD = 0.655 GBP
Pound Sterling Swiss Franc 1 GBP = 1.590 CHF 1 CHF = 0.629 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.255 CNY 1 CNY = 0.098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.934 CAD 1 CAD = 1.071 AUD
Australian Dollar Swiss Franc 1 AUD = 0.971 CHF 1 CHF = 1.030 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.275 CNY 1 CNY = 0.159 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.040 CHF 1 CHF = 0.961 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.717 CNY 1 CNY = 0.149 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.455 CNY 1 CNY = 0.155 CHF

See what else happened on March 23, 2010