Financial news on March 30, 2010

Business and Financial news
Capitalizing on Asia's Strengths

Asian economies are recovering briskly from the global recession, but risks in the region remain, particularly the potential for government policies to slow down growth. Read more..

By ALAN WHEATLEY - International Herald Tribune

Companies Push to Repeal Provision of Health Law

An association representing 300 large companies said a provision of the health overhaul would hurt profits. Read more..

By STEVEN GREENHOUSE - The New York Times

Company That Owns ‘American Idol’ Is Planning a Sale to a Private Equity Group

One Equity Partners, the private equity arm of JPMorgan Chase, is leading the potential buyout, for about $558 million. Read more..

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

Greece Raises $6.7 Billion in Bond Sale

The bond issue is the first borrowing test since the euro zone unveiled a rescue plan. But borrowing costs remained high. Read more..

By DAVID JOLLY - The New York Times

In Mexico, Security Is in the Planning

Travel to Mexico, both leisure and business, has been severely affected by drug-war violence, and precautions should be taken to avoid known dangerous areas. Read more..

By JOE SHARKEY - The New York Times

Judge Invalidates Human Gene Patent

In a ruling with potentially far-reaching implications for the patenting of human genes, a judge struck down a company’s patents on two genes linked to an increased risk of breast and ovarian cancer. Read more..

By JOHN SCHWARTZ and ANDREW POLLACK - The New York Times

Risks Seen in Cholesterol Drug Use in Healthy People

A drug giant is about to expand the market for its cholesterol medication, but some experts say that these drugs are not safe as preventive medicine. Read more..

By DUFF WILSON - The New York Times

Rothschilds Bring In an Outsider to Run the Show

For the first time, someone outside the family has been given responsibility to run the banking dynasty. Read more..

By JULIA WERDIGIER - International Herald Tribune

The Issue of Liquidity Bubbles Up

The issue of how much money banks need to keep on hand is bound to be on the regulatory front-burner in the near future. Read more..

By ANDREW ROSS SORKIN - The New York Times

U.S. to Sell 27% Stake in Citigroup This Year

The government would earn a profit of about $8 billion if it sold the stake today, on top of $8.1 billion it has already collected. Read more..

By ERIC DASH - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE18.4718.4818.2518.3053.2M
AT&T Inc.T26.2326.3325.8425.9552.3M
Verizon CommunicationsVZ31.1131.5031.0231.2347.2M
PfizerPFE17.3217.3917.1317.2641.8M
IntelINTC22.4022.5422.1822.3437.9M
MicrosoftMSFT29.6329.8629.5029.7735M
Cisco SystemsCSCO26.6426.7126.3426.6533M
JPMorgan ChaseJPM44.9045.0544.3644.5830.3M
Oracle Corp.ORCL25.4825.5825.2225.5429.8M
ComcastCMCSA18.4118.8418.4118.7428.2M
Abbott LaboratoriesABT53.0353.2652.4952.5128M
Wells Fargo & Co.WFC31.1031.3030.8030.8426.9M
AppleAAPL236.60237.48234.25235.8518.8M
ExxonMobilXOM67.1967.3066.7967.0517.7M
Walt Disney & Co.DIS35.1335.2034.7635.1017.2M
Bristol-Myers SquibbBMY26.7626.9326.5226.7615.4M
AltriaMO20.6920.7320.5120.6512.8M
ConocoPhillipsCOP51.0951.3950.9251.2612.1M
SchlumbergerSLB63.3063.8362.7763.0510.3M
HP Inc.HPQ52.9353.3752.9353.2610.1M
MerckMRK37.9637.9637.5137.669.92M
3MMMM82.3684.5082.2484.288.7M
Home DepotHD32.5632.8832.5032.698.67M
Johnson & JohnsonJNJ64.9564.9864.5664.908.31M
Gilead SciencesGILD46.0746.1445.3045.617.97M
UnitedHealth GroupUNH32.7933.2932.6033.067.25M
Wal-Mart StoresWMT55.7856.0555.6655.916.94M
Coca-ColaKO54.9055.0554.6154.876.82M
ChevronCVX75.2775.5074.9675.306.38M
AmazonAMZN135.74138.19135.36136.586.19M
Procter & GamblePG63.7363.9763.5163.666.11M
PepsicoPEP66.5267.0066.3666.775.73M
McDonald'sMCD67.1167.4966.9267.245.09M
BoeingBA73.8474.1872.7073.534.38M
AmgenAMGN59.8160.2759.5660.094.36M
VisaV90.4791.8490.3491.004.08M
AlphabetGOOGL562.83567.63560.28566.713.95M
Berkshire HathawayBRK.B81.5481.8281.4381.603.62M
International Business MachinesIBM128.90129.13128.25128.773.43M
United TechnologiesUTX74.2274.8573.9574.132.88M
Union PacificUNP73.8174.2573.2873.612.69M
Exchange Rates of March 30, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92.760 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.020 CAD1 CAD = 0.981 USD
US DollarSwiss Franc1 USD = 1.066 CHF1 CHF = 0.938 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 124.480 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.890 GBP1 GBP = 1.123 EUR
EuroAustralian Dollar1 EUR = 1.461 AUD1 AUD = 0.685 EUR
EuroCanadian Dollar1 EUR = 1.368 CAD1 CAD = 0.731 EUR
EuroSwiss Franc1 EUR = 1.431 CHF1 CHF = 0.699 EUR
EuroChinese Yuan1 EUR = 9.157 CNY1 CNY = 0.109 EUR
Japanese YenPound Sterling1 JPY = 0.715 GBP1 GBP = 1.399 JPY
Japanese YenAustralian Dollar1 JPY = 1.173 AUD1 AUD = 0.853 JPY
Japanese YenCanadian Dollar1 JPY = 1.099 CAD1 CAD = 0.910 JPY
Japanese YenSwiss Franc1 JPY = 1.149 CHF1 CHF = 0.870 JPY
Pound SterlingAustralian Dollar1 GBP = 1.640 AUD1 AUD = 0.610 GBP
Pound SterlingCanadian Dollar1 GBP = 1.537 CAD1 CAD = 0.651 GBP
Pound SterlingSwiss Franc1 GBP = 1.607 CHF1 CHF = 0.622 GBP
Pound SterlingChinese Yuan1 GBP = 10.276 CNY1 CNY = 0.097 GBP
Australian DollarCanadian Dollar1 AUD = 0.937 CAD1 CAD = 1.067 AUD
Australian DollarSwiss Franc1 AUD = 0.979 CHF1 CHF = 1.021 AUD
Australian DollarChinese Yuan1 AUD = 6.270 CNY1 CNY = 0.159 AUD
Canadian DollarSwiss Franc1 CAD = 1.045 CHF1 CHF = 0.957 CAD
Canadian DollarChinese Yuan1 CAD = 6.694 CNY1 CNY = 0.149 CAD
Swiss FrancChinese Yuan1 CHF = 6.400 CNY1 CNY = 0.156 CHF

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