Financial news on March 26th, 2009

Business and Financial news
Assets Frozen for Brother of Madoff

The trustee already handling the liquidation of Bernard L. Madoff’s New York brokerage business has been given control of his stake in his London operation. Read more..

By DIANA B. HENRIQUES - The New York Times

China's Tunnel Vision

Municipal governments across China have seized upon subways in the last few years as a way to stimulate a slowing economy and address gridlock on the roads and heavily polluted air. Read more..

Shayla Harris - The New York Times

Doctors Raise Doubts on Digital Health Data

A federal study found digital records in only 9 percent of hospitals, and two experts say that financing the current system would be counterproductive. Read more..

By STEVE LOHR - The New York Times

Improved E-Mail Service From a Dedicated Device

The new Peek Pronto, $80, now includes unlimited text messaging with push e-mail support. Read more..

By JOHN BIGGS - The New York Times

Keeping Tweets a Private Matter

People I don’t know are following me on Twitter. How are they finding me? Read more..

By J.D. BIERSDORFER - The New York Times

Online Age Quiz Is a Window for Drug Makers

Takers of the popular online RealAge test are handing out valuable data to drug companies. Read more..


There’s Safety in Military Contracts

It’s not easy to break in, but the Defense Department awards $55 billion of its contracts to small businesses, and the Obama stimulus plan will make even more money available. Read more..

By KATE MURPHY - The New York Times

Unexpected Increase in Factory Orders

The increase, the first in six months, follows other “bad but not terrible” reports that are boosting some investors. Read more..

By JACK HEALY - The New York Times

Weak Demand at Treasury Auction Gives Wall Street Pause

Stocks lost ground but recovered after a weak auction of government debt stirred worries about how easily Washington will be able to raise money to fund its economic rescue program. Read more..

By JACK HEALY - The New York Times

What’s in a Name? Dell Hopes It’s Love

A luxury-branded netbook is thin, powerful and has plenty of features. Read more..

By AZADEH ENSHA - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC16,8516,9015,4715,95163M
General ElectricGE10,8511,0010,6510,90160M
JPMorgan ChaseJPM29,0529,6027,6529,10134M
Cisco SystemsCSCO16,8017,3916,7617,3158M
HP Inc.HPQ31,7933,3231,5933,2035.4M
AT&T Inc.T26,3826,5725,6026,3535.4M
Abbott LaboratoriesABT46,4446,4644,7546,4534.9M
Oracle Corp.ORCL18,2518,6818,1818,6834.2M
Home DepotHD23,8124,3623,5324,1428.1M
Wal-Mart StoresWMT52,0653,0051,9552,7625M
Verizon CommunicationsVZ30,4430,5729,4430,5424.2M
Procter & GamblePG48,2748,8247,5148,7616.3M
Walt Disney & Co.DIS18,6819,1418,4019,0615.6M
Johnson & JohnsonJNJ53,0853,7052,2552,9014.6M
Bristol-Myers SquibbBMY21,1321,3120,7621,0913.9M
UnitedHealth GroupUNH21,1721,8020,8721,6212.7M
International Business MachinesIBM98,4799,2097,7598,7811.4M
Gilead SciencesGILD44,2244,6243,1743,9410.1M
United TechnologiesUTX43,8045,5943,5645,479.18M
Union PacificUNP41,2244,6341,0144,488.7M
Berkshire HathawayBRK.B2910,002980,002870,002958,0037.1K
Exchange Rates of March 26th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 98,830 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,229 CAD1 CAD = 0,814 USD
US DollarSwiss Franc1 USD = 1,127 CHF1 CHF = 0,887 USD
US DollarChinese Yuan1 USD = 6,833 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 133,670 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,935 GBP1 GBP = 1,069 EUR
EuroAustralian Dollar1 EUR = 1,925 AUD1 AUD = 0,519 EUR
EuroCanadian Dollar1 EUR = 1,662 CAD1 CAD = 0,602 EUR
EuroSwiss Franc1 EUR = 1,525 CHF1 CHF = 0,656 EUR
EuroChinese Yuan1 EUR = 9,238 CNY1 CNY = 0,108 EUR
Japanese YenPound Sterling1 JPY = 0,699 GBP1 GBP = 1,430 JPY
Japanese YenAustralian Dollar1 JPY = 1,439 AUD1 AUD = 0,695 JPY
Japanese YenCanadian Dollar1 JPY = 1,243 CAD1 CAD = 0,805 JPY
Japanese YenSwiss Franc1 JPY = 1,140 CHF1 CHF = 0,877 JPY
Pound SterlingAustralian Dollar1 GBP = 2,058 AUD1 AUD = 0,486 GBP
Pound SterlingCanadian Dollar1 GBP = 1,777 CAD1 CAD = 0,563 GBP
Pound SterlingSwiss Franc1 GBP = 1,630 CHF1 CHF = 0,613 GBP
Pound SterlingChinese Yuan1 GBP = 9,864 CNY1 CNY = 0,101 GBP
Australian DollarCanadian Dollar1 AUD = 0,863 CAD1 CAD = 1,159 AUD
Australian DollarSwiss Franc1 AUD = 0,791 CHF1 CHF = 1,264 AUD
Canadian DollarSwiss Franc1 CAD = 0,917 CHF1 CHF = 1,090 CAD
Canadian DollarChinese Yuan1 CAD = 5,559 CNY1 CNY = 0,180 CAD
Swiss FrancChinese Yuan1 CHF = 6,059 CNY1 CNY = 0,165 CHF

See what else happened on March 26th, 2009