Financial news on April 30th, 2013

Business and Financial news
As Fliers Chase Low Fares, Fees for the Extras Add Up

Joe Sharkey On the Road column notes airlines are justifying fee increases for schedule changes, premium seating and other amenities by citing overall consumer demand for low fares. Read more..

By JOE SHARKEY - The New York Times

Chrysler Reports a Profit Drop of 65%

The automaker said first-quarter earnings fell because it spent heavily to prepare to introduce new vehicles, and it reaffirmed earlier full-year forecasts. Read more..

By BILL VLASIC - The New York Times

Confidence Slumps in Euro Zone

Confidence in the European economy fell for a second straight month, strengthening the case for a cut in interest rates this week. Read more..

By REUTERS - International Herald Tribune

Dispatches From the Foxholes of Business Travel

From damaged luggage to seatmates unfamiliar with soap, the road warriors have tales to tell. Read more..

By J. PEDER ZANE - The New York Times

Euro Zone Officials Give Greece Additional $2.8 Billion in Loans

The aid comes after Greek lawmakers approved a controversial plan to dismiss 15,000 civil servants by the end of next year. Read more..

By NIKI KITSANTONIS - The New York Times

I.M.F. Warns of ‘Middle-Income Trap’ in Asia

Economies must improve government institutions and liberalize rigid labor and product markets to encourage development to avoid a middle-income plateau, the fund said. Read more..

By REUTERS - International Herald Tribune

New Der Spiegel Editor Will Also Oversee Web Business

Wolfgang Büchner, the former top editor at the newswire Deutsche Presse-Agentur, will work at integrating two highly autonomous enterprises. Read more..

By ERIC PFANNER - International Herald Tribune

Playing the Long Game in Berlin

When the German finance minister said this month that a change to the E.U. treaty was necessary if Europe were to build a full banking union, there was more than a little angst in Brussels. Read more..

By LUKE BAKER | REUTERS - International Herald Tribune

Seeing Tourism as Crucial, Indonesia Tries to Step Up Its Game

With its revenue from commodities slipping, Indonesia is pushing to draw more tourists, but it faces obstacles including poor infrastructure and concerns about safety. Read more..

By SARA SCHONHARDT - International Herald Tribune

Tech Companies Lead S.&P. to New High

Stocks rise, recovering ground lost in previous two weeks, as technology companies lead Standard & Poor's 500-stock index to new closing high. Read more..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL32,2232,8732,2232,7850M
Cisco SystemsCSCO20,9921,2520,8020,9237.8M
General ElectricGE22,2922,3822,2122,2934.1M
AT&T Inc.T37,3737,6237,2837,4624.1M
Wells Fargo & Co.WFC37,9638,0437,5437,9820.6M
Verizon CommunicationsVZ53,5154,3153,4553,9116.1M
HP Inc.HPQ20,5520,7020,2420,6015.1M
JPMorgan ChaseJPM48,9649,2548,7249,0113.8M
Gilead SciencesGILD50,7550,8949,4350,6413.6M
Johnson & JohnsonJNJ85,3985,7084,8985,2312.1M
Bristol-Myers SquibbBMY39,8339,8339,1839,7211.9M
Procter & GamblePG77,8677,8976,6076,779.65M
Walt Disney & Co.DIS62,9363,0862,4462,848.53M
General MotorsGM30,7730,9730,5730,848.12M
Wal-Mart StoresWMT78,2878,3077,3777,727.97M
International Business MachinesIBM199,13202,59197,35202,547.54M
Home DepotHD73,5074,0173,2273,356.6M
Abbott LaboratoriesABT36,7036,9836,4836,926.43M
UnitedHealth GroupUNH60,1460,3859,2159,935.7M
Berkshire HathawayBRK.B106,60106,70105,63106,325.05M
United TechnologiesUTX92,1092,2391,0491,294.18M
Union PacificUNP147,49148,00146,32147,961.7M
Exchange Rates of April 30th, 2013
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97,370 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,007 CAD1 CAD = 0,993 USD
US DollarSwiss Franc1 USD = 0,929 CHF1 CHF = 1,076 USD
US DollarChinese Yuan1 USD = 6,165 CNY1 CNY = 0,162 USD
EuroJapanese Yen1 EUR = 128,220 JPY1 JPY = 0,008 EUR
EuroPound Sterling1 EUR = 0,847 GBP1 GBP = 1,180 EUR
EuroAustralian Dollar1 EUR = 1,270 AUD1 AUD = 0,787 EUR
EuroCanadian Dollar1 EUR = 1,326 CAD1 CAD = 0,754 EUR
EuroSwiss Franc1 EUR = 1,224 CHF1 CHF = 0,817 EUR
EuroChinese Yuan1 EUR = 8,123 CNY1 CNY = 0,123 EUR
Japanese YenPound Sterling1 JPY = 0,661 GBP1 GBP = 1,514 JPY
Japanese YenAustralian Dollar1 JPY = 0,990 AUD1 AUD = 1,010 JPY
Japanese YenCanadian Dollar1 JPY = 1,034 CAD1 CAD = 0,967 JPY
Japanese YenSwiss Franc1 JPY = 0,954 CHF1 CHF = 1,048 JPY
Pound SterlingAustralian Dollar1 GBP = 1,498 AUD1 AUD = 0,667 GBP
Pound SterlingCanadian Dollar1 GBP = 1,564 CAD1 CAD = 0,639 GBP
Pound SterlingSwiss Franc1 GBP = 1,444 CHF1 CHF = 0,693 GBP
Pound SterlingChinese Yuan1 GBP = 9,584 CNY1 CNY = 0,104 GBP
Australian DollarCanadian Dollar1 AUD = 1,044 CAD1 CAD = 0,958 AUD
Australian DollarSwiss Franc1 AUD = 0,963 CHF1 CHF = 1,039 AUD
Australian DollarChinese Yuan1 AUD = 6,396 CNY1 CNY = 0,156 AUD
Canadian DollarSwiss Franc1 CAD = 0,922 CHF1 CHF = 1,084 CAD
Canadian DollarChinese Yuan1 CAD = 6,124 CNY1 CNY = 0,163 CAD
Swiss FrancChinese Yuan1 CHF = 6,636 CNY1 CNY = 0,151 CHF

See what else happened on April 30th, 2013