Financial news on March 23, 2011

Business and Financial news
A Steep Discount for Apollo I.P.O.

Once Apollo Global Management spends some time on the liquid New York Stock Exchange, its valuation should close the gap with peers. Read more..

By LISA LEE, LAUREN SILVA LAUGHLIN and ROBERT CYRAN - The New York Times

BASF Joins Pipeline Project Led by Gazprom

After its completion, the pipeline will provide southeast Europe with 63 billion cubic meters of natural gas a year. Read more..

By JUDY DEMPSEY - The New York Times

BlackBerry to Match Apple on the Price of Its Tablet

The basic PlayBook, to be available on April 19, will cost $499, the same as the iPad 2. Read more..

By IAN AUSTEN - The New York Times

CNN Leads in Cable News as MSNBC Loses Ground

CNN has attracted huge audiences with coverage of recent international crises, at the expense of MSNBC. Read more..

By BILL CARTER - The New York Times

Fed Profit Rose Sharply to $82 Billion Last Year

The return came on government debt and investments like mortgage-backed securities the central bank accumulated to support the economic system. Read more..

By BINYAMIN APPELBAUM - The New York Times

Glenn Beck Contemplates Starting Own Channel

When his contract with Fox ends, Mr. Beck may bring his audience along, either to cable or an expanded Web site. Read more..

By BRIAN STELTER - The New York Times

Going Viral With Celebrity Pitchmen

Credit Unions are stepping up their normally low-key criticism of big banks in ads that use celebrity pitchmen to get attention. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Howard Stern Sues Sirius XM Radio, Saying It Reneged on Stock Awards

The talk-show host and his agent say the company failed to abide by its agreement to pay him in stock when certain subscription levels were met. Read more..

By BEN SISARIO - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.4217.6017.3417.5852.1M
General ElectricGE19.4519.5619.2519.5344.3M
MicrosoftMSFT25.2325.6125.1825.5444M
IntelINTC20.0920.3620.0120.2937.9M
PfizerPFE19.8819.9919.7419.9234.5M
JPMorgan ChaseJPM45.2945.6944.7745.6026.7M
Wells Fargo & Co.WFC31.4431.5230.9231.4525.4M
Oracle Corp.ORCL31.2231.7130.8331.4123.2M
General MotorsGM30.6031.2830.2031.1623M
AT&T Inc.T28.0328.2227.9528.1421.8M
Gilead SciencesGILD40.3241.7340.3141.3216.2M
ExxonMobilXOM82.6583.0082.0082.6015.4M
HP Inc.HPQ41.5442.2841.5142.0715.2M
Bristol-Myers SquibbBMY25.9426.2925.8626.1614.5M
Verizon CommunicationsVZ36.7137.0636.4536.9813.8M
Wal-Mart StoresWMT51.8551.8851.3851.6413.5M
AppleAAPL339.28340.22335.95339.1913.3M
ComcastCMCSA23.9224.2223.6524.1013M
Abbott LaboratoriesABT47.9548.0347.2847.9912.9M
ConocoPhillipsCOP76.8778.9376.8078.5412.4M
MerckMRK32.5032.6732.4132.6312.3M
Walt Disney & Co.DIS41.4042.3540.8742.2411.7M
Johnson & JohnsonJNJ58.7258.8958.5058.729.9M
AltriaMO25.4025.6525.3325.619.18M
Home DepotHD36.0836.6836.0336.628.5M
Procter & GamblePG60.8461.0960.5560.918M
ChevronCVX104.73105.92104.45105.486.81M
Coca-ColaKO63.2964.5363.2564.276.48M
BoeingBA71.6273.0771.1472.725.33M
McDonald'sMCD73.7574.6573.6774.535.06M
SchlumbergerSLB88.7289.0287.6388.504.82M
International Business MachinesIBM158.00160.08157.53159.534.78M
AmazonAMZN162.30166.26160.82165.324.72M
AmgenAMGN52.7152.9352.2352.694.53M
VisaV71.3572.3771.3571.994.4M
3MMMM90.6292.6690.6092.143.98M
United TechnologiesUTX80.8682.2680.8181.863.93M
PepsicoPEP63.9564.3663.7564.203.91M
AlphabetGOOGL575.19582.45572.00582.163.63M
UnitedHealth GroupUNH42.6442.8742.3942.753.35M
Berkshire HathawayBRK.B84.8085.1683.8584.743.33M
Union PacificUNP94.5094.8193.8593.923.27M
Exchange Rates of March 23, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 80.920 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 0.981 CAD1 CAD = 1.019 USD
US DollarSwiss Franc1 USD = 0.908 CHF1 CHF = 1.102 USD
US DollarChinese Yuan1 USD = 6.559 CNY1 CNY = 0.152 USD
EuroJapanese Yen1 EUR = 114.070 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.868 GBP1 GBP = 1.153 EUR
EuroAustralian Dollar1 EUR = 1.391 AUD1 AUD = 0.719 EUR
EuroCanadian Dollar1 EUR = 1.382 CAD1 CAD = 0.723 EUR
EuroSwiss Franc1 EUR = 1.279 CHF1 CHF = 0.782 EUR
EuroChinese Yuan1 EUR = 9.236 CNY1 CNY = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.761 GBP1 GBP = 1.315 JPY
Japanese YenAustralian Dollar1 JPY = 1.219 AUD1 AUD = 0.820 JPY
Japanese YenCanadian Dollar1 JPY = 1.212 CAD1 CAD = 0.825 JPY
Japanese YenSwiss Franc1 JPY = 1.121 CHF1 CHF = 0.892 JPY
Pound SterlingAustralian Dollar1 GBP = 1.603 AUD1 AUD = 0.624 GBP
Pound SterlingCanadian Dollar1 GBP = 1.593 CAD1 CAD = 0.628 GBP
Pound SterlingSwiss Franc1 GBP = 1.474 CHF1 CHF = 0.678 GBP
Pound SterlingChinese Yuan1 GBP = 10.648 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 0.994 CAD1 CAD = 1.006 AUD
Australian DollarSwiss Franc1 AUD = 0.920 CHF1 CHF = 1.088 AUD
Australian DollarChinese Yuan1 AUD = 6.644 CNY1 CNY = 0.151 AUD
Canadian DollarSwiss Franc1 CAD = 0.924 CHF1 CHF = 1.082 CAD
Canadian DollarChinese Yuan1 CAD = 6.683 CNY1 CNY = 0.150 CAD
Swiss FrancChinese Yuan1 CHF = 7.218 CNY1 CNY = 0.139 CHF

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