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

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 15.36 16.63 15.31 15.59 130M
JPMorgan Chase JPM 28.27 29.20 27.28 27.40 109M
General Electric GE 10.77 11.03 10.65 10.78 105M
Microsoft MSFT 18.54 18.62 18.05 18.13 47.7M
Pfizer PFE 14.22 14.36 13.95 14.04 46.5M
Intel INTC 15.49 15.66 15.26 15.42 45.7M
Cisco Systems CSCO 17.00 17.17 16.85 16.95 37.8M
Oracle Corp. ORCL 18.45 18.45 17.93 18.01 34.2M
ExxonMobil XOM 70.05 70.60 69.29 69.98 29.5M
HP Inc. HPQ 32.80 33.64 32.50 33.33 28.5M
Comcast CMCSA 14.35 14.63 14.09 14.54 27.2M
Abbott Laboratories ABT 46.04 47.12 45.87 46.60 23M
AT&T Inc. T 25.94 26.30 25.80 26.00 22.1M
Wal-Mart Stores WMT 52.36 53.00 52.04 52.57 20.3M
Home Depot HD 23.82 24.10 23.33 23.63 18.9M
ConocoPhillips COP 39.80 40.83 39.61 40.33 18.8M
Apple AAPL 108.23 108.53 106.40 106.85 17.6M
Altria MO 17.00 17.00 16.43 16.56 17.2M
Merck MRK 26.93 27.62 26.80 27.16 16.3M
Bristol-Myers Squibb BMY 21.09 21.17 20.59 20.66 15.9M
International Business Machines IBM 95.99 96.00 92.75 94.15 15.7M
Verizon Communications VZ 30.38 30.77 30.13 30.62 15.4M
Walt Disney & Co. DIS 18.81 18.95 18.40 18.59 14M
Chevron CVX 69.08 69.59 68.50 68.90 12.8M
Coca-Cola KO 44.43 45.20 44.43 45.10 11.6M
Johnson & Johnson JNJ 52.69 53.29 52.55 52.83 11.3M
Schlumberger SLB 44.58 44.87 43.16 43.52 11M
Procter & Gamble PG 48.21 49.03 48.13 48.57 10.4M
Amgen AMGN 52.79 52.82 51.50 51.65 8.85M
Amazon AMZN 71.61 72.29 70.10 70.52 8.57M
Visa V 54.28 56.31 54.21 54.25 8.17M
Gilead Sciences GILD 44.20 45.41 44.10 44.37 7.45M
Boeing BA 38.23 38.47 37.07 37.53 7.33M
UnitedHealth Group UNH 21.30 21.55 20.90 21.08 6.79M
Alphabet GOOGL 350.00 352.00 345.47 347.70 6.64M
McDonald's MCD 55.46 55.90 54.84 55.01 6.64M
Pepsico PEP 52.64 53.10 52.12 52.39 5.88M
United Technologies UTX 45.02 45.31 44.28 44.48 5.51M
Union Pacific UNP 44.01 44.27 42.67 43.00 5.17M
3M MMM 50.30 51.03 49.93 50.33 4.68M
Berkshire Hathaway BRK.B 2925.00 2978.00 2910.00 2920.00 28.3K
Exchange Rates of March 27, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97.850 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.242 CAD 1 CAD = 0.805 USD
US Dollar Swiss Franc 1 USD = 1.144 CHF 1 CHF = 0.874 USD
US Dollar Chinese Yuan 1 USD = 6.832 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 130.050 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.928 GBP 1 GBP = 1.078 EUR
Euro Australian Dollar 1 EUR = 1.914 AUD 1 AUD = 0.523 EUR
Euro Canadian Dollar 1 EUR = 1.650 CAD 1 CAD = 0.606 EUR
Euro Swiss Franc 1 EUR = 1.520 CHF 1 CHF = 0.658 EUR
Euro Chinese Yuan 1 EUR = 9.079 CNY 1 CNY = 0.110 EUR
Japanese Yen Pound Sterling 1 JPY = 0.713 GBP 1 GBP = 1.402 JPY
Japanese Yen Australian Dollar 1 JPY = 1.471 AUD 1 AUD = 0.680 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.269 CAD 1 CAD = 0.788 JPY
Japanese Yen Swiss Franc 1 JPY = 1.169 CHF 1 CHF = 0.856 JPY
Pound Sterling Australian Dollar 1 GBP = 2.062 AUD 1 AUD = 0.485 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.779 CAD 1 CAD = 0.562 GBP
Pound Sterling Swiss Franc 1 GBP = 1.638 CHF 1 CHF = 0.611 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.771 CNY 1 CNY = 0.102 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.861 CAD 1 CAD = 1.161 AUD
Australian Dollar Swiss Franc 1 AUD = 0.794 CHF 1 CHF = 1.260 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.743 CNY 1 CNY = 0.211 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.920 CHF 1 CHF = 1.087 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.500 CNY 1 CNY = 0.182 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.970 CNY 1 CNY = 0.167 CHF

See what else happened on March 27, 2009