Financial news on March 27, 2009

Business and Financial news
8 Hours a Day Spent on Screens, Study Finds

The average American adult spends eight hours a day in front of screens, and computer use has replaced radio as the second most common media activity. Read more..

By BRIAN STELTER - The New York Times

A Downturn Wraps a City in Hesitance

In cities like Portland, Ore., there is a crisis of economic expectations, as the creditworthy choose not to invest. Read more..

By PETER S. GOODMAN - The New York Times

Inquiry Asks Why A.I.G. Paid Banks

Lawmakers and the New York attorney general began inquiries into how tens of billions of taxpayer dollars moved from A.I.G. to several dozen big banks. Read more..

By MARY WILLIAMS WALSH - The New York Times

I.R.S. to Ease Penalties for Some Offshore Tax Evaders

While stepping up investigations of offshore accounts, the government will scale back penalties for tax evaders who come forward. Read more..

By LYNNLEY BROWNING - The New York Times

Las Vegas Development Might File for Bankruptcy

The beleaguered CityCenter, which is the biggest privately financed construction project in United States history, has hit another speed bump. Read more..

By MICHAEL J. de la MERCED - The New York Times

Serbia Receives $4 Billion Loan From the I.M.F.

The deal, if approved, will force painful budget cuts on Serbia, the country’s finance minister said. Read more..

By DAVID JOLLY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC15.3616.6315.3115.59130M
JPMorgan ChaseJPM28.2729.2027.2827.40109M
General ElectricGE10.7711.0310.6510.78105M
MicrosoftMSFT18.5418.6218.0518.1347.7M
PfizerPFE14.2214.3613.9514.0446.5M
IntelINTC15.4915.6615.2615.4245.7M
Cisco SystemsCSCO17.0017.1716.8516.9537.8M
Oracle Corp.ORCL18.4518.4517.9318.0134.2M
ExxonMobilXOM70.0570.6069.2969.9829.5M
HP Inc.HPQ32.8033.6432.5033.3328.5M
ComcastCMCSA14.3514.6314.0914.5427.2M
Abbott LaboratoriesABT46.0447.1245.8746.6023M
AT&T Inc.T25.9426.3025.8026.0022.1M
Wal-Mart StoresWMT52.3653.0052.0452.5720.3M
Home DepotHD23.8224.1023.3323.6318.9M
ConocoPhillipsCOP39.8040.8339.6140.3318.8M
AppleAAPL108.23108.53106.40106.8517.6M
AltriaMO17.0017.0016.4316.5617.2M
MerckMRK26.9327.6226.8027.1616.3M
Bristol-Myers SquibbBMY21.0921.1720.5920.6615.9M
International Business MachinesIBM95.9996.0092.7594.1515.7M
Verizon CommunicationsVZ30.3830.7730.1330.6215.4M
Walt Disney & Co.DIS18.8118.9518.4018.5914M
ChevronCVX69.0869.5968.5068.9012.8M
Coca-ColaKO44.4345.2044.4345.1011.6M
Johnson & JohnsonJNJ52.6953.2952.5552.8311.3M
SchlumbergerSLB44.5844.8743.1643.5211M
Procter & GamblePG48.2149.0348.1348.5710.4M
AmgenAMGN52.7952.8251.5051.658.85M
AmazonAMZN71.6172.2970.1070.528.57M
VisaV54.2856.3154.2154.258.17M
Gilead SciencesGILD44.2045.4144.1044.377.45M
BoeingBA38.2338.4737.0737.537.33M
UnitedHealth GroupUNH21.3021.5520.9021.086.79M
AlphabetGOOGL350.00352.00345.47347.706.64M
McDonald'sMCD55.4655.9054.8455.016.64M
PepsicoPEP52.6453.1052.1252.395.88M
United TechnologiesUTX45.0245.3144.2844.485.51M
Union PacificUNP44.0144.2742.6743.005.17M
3MMMM50.3051.0349.9350.334.68M
Berkshire HathawayBRK.B2925.002978.002910.002920.0028.3K
Exchange Rates of March 27, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97.850 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.242 CAD1 CAD = 0.805 USD
US DollarSwiss Franc1 USD = 1.144 CHF1 CHF = 0.874 USD
US DollarChinese Yuan1 USD = 6.832 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 130.050 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.928 GBP1 GBP = 1.078 EUR
EuroAustralian Dollar1 EUR = 1.914 AUD1 AUD = 0.523 EUR
EuroCanadian Dollar1 EUR = 1.650 CAD1 CAD = 0.606 EUR
EuroSwiss Franc1 EUR = 1.520 CHF1 CHF = 0.658 EUR
EuroChinese Yuan1 EUR = 9.079 CNY1 CNY = 0.110 EUR
Japanese YenPound Sterling1 JPY = 0.713 GBP1 GBP = 1.402 JPY
Japanese YenAustralian Dollar1 JPY = 1.471 AUD1 AUD = 0.680 JPY
Japanese YenCanadian Dollar1 JPY = 1.269 CAD1 CAD = 0.788 JPY
Japanese YenSwiss Franc1 JPY = 1.169 CHF1 CHF = 0.856 JPY
Pound SterlingAustralian Dollar1 GBP = 2.062 AUD1 AUD = 0.485 GBP
Pound SterlingCanadian Dollar1 GBP = 1.779 CAD1 CAD = 0.562 GBP
Pound SterlingSwiss Franc1 GBP = 1.638 CHF1 CHF = 0.611 GBP
Pound SterlingChinese Yuan1 GBP = 9.771 CNY1 CNY = 0.102 GBP
Australian DollarCanadian Dollar1 AUD = 0.861 CAD1 CAD = 1.161 AUD
Australian DollarSwiss Franc1 AUD = 0.794 CHF1 CHF = 1.260 AUD
Australian DollarChinese Yuan1 AUD = 4.743 CNY1 CNY = 0.211 AUD
Canadian DollarSwiss Franc1 CAD = 0.920 CHF1 CHF = 1.087 CAD
Canadian DollarChinese Yuan1 CAD = 5.500 CNY1 CNY = 0.182 CAD
Swiss FrancChinese Yuan1 CHF = 5.970 CNY1 CNY = 0.167 CHF

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