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

Stock Ticker symbol Open High Low Close Volume
General Electric GE 18,47 18,48 18,25 18,30 53.2M
AT&T Inc. T 26,23 26,33 25,84 25,95 52.3M
Verizon Communications VZ 31,11 31,50 31,02 31,23 47.2M
Pfizer PFE 17,32 17,39 17,13 17,26 41.8M
Intel INTC 22,40 22,54 22,18 22,34 37.9M
Microsoft MSFT 29,63 29,86 29,50 29,77 35M
Cisco Systems CSCO 26,64 26,71 26,34 26,65 33M
JPMorgan Chase JPM 44,90 45,05 44,36 44,58 30.3M
Oracle Corp. ORCL 25,48 25,58 25,22 25,54 29.8M
Comcast CMCSA 18,41 18,84 18,41 18,74 28.2M
Abbott Laboratories ABT 53,03 53,26 52,49 52,51 28M
Wells Fargo & Co. WFC 31,10 31,30 30,80 30,84 26.9M
Apple AAPL 236,60 237,48 234,25 235,85 18.8M
ExxonMobil XOM 67,19 67,30 66,79 67,05 17.7M
Walt Disney & Co. DIS 35,13 35,20 34,76 35,10 17.2M
Bristol-Myers Squibb BMY 26,76 26,93 26,52 26,76 15.4M
Altria MO 20,69 20,73 20,51 20,65 12.8M
ConocoPhillips COP 51,09 51,39 50,92 51,26 12.1M
Schlumberger SLB 63,30 63,83 62,77 63,05 10.3M
HP Inc. HPQ 52,93 53,37 52,93 53,26 10.1M
Merck MRK 37,96 37,96 37,51 37,66 9.92M
3M MMM 82,36 84,50 82,24 84,28 8.7M
Home Depot HD 32,56 32,88 32,50 32,69 8.67M
Johnson & Johnson JNJ 64,95 64,98 64,56 64,90 8.31M
Gilead Sciences GILD 46,07 46,14 45,30 45,61 7.97M
UnitedHealth Group UNH 32,79 33,29 32,60 33,06 7.25M
Wal-Mart Stores WMT 55,78 56,05 55,66 55,91 6.94M
Coca-Cola KO 54,90 55,05 54,61 54,87 6.82M
Chevron CVX 75,27 75,50 74,96 75,30 6.38M
Amazon AMZN 135,74 138,19 135,36 136,58 6.19M
Procter & Gamble PG 63,73 63,97 63,51 63,66 6.11M
Pepsico PEP 66,52 67,00 66,36 66,77 5.73M
McDonald's MCD 67,11 67,49 66,92 67,24 5.09M
Boeing BA 73,84 74,18 72,70 73,53 4.38M
Amgen AMGN 59,81 60,27 59,56 60,09 4.36M
Visa V 90,47 91,84 90,34 91,00 4.08M
Alphabet GOOGL 562,83 567,63 560,28 566,71 3.95M
Berkshire Hathaway BRK.B 81,54 81,82 81,43 81,60 3.62M
International Business Machines IBM 128,90 129,13 128,25 128,77 3.43M
United Technologies UTX 74,22 74,85 73,95 74,13 2.88M
Union Pacific UNP 73,81 74,25 73,28 73,61 2.69M
Exchange Rates of March 30, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 92,760 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,020 CAD 1 CAD = 0,981 USD
US Dollar Swiss Franc 1 USD = 1,066 CHF 1 CHF = 0,938 USD
US Dollar Chinese Yuan 1 USD = 6,827 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 124,480 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,890 GBP 1 GBP = 1,123 EUR
Euro Australian Dollar 1 EUR = 1,461 AUD 1 AUD = 0,685 EUR
Euro Canadian Dollar 1 EUR = 1,368 CAD 1 CAD = 0,731 EUR
Euro Swiss Franc 1 EUR = 1,431 CHF 1 CHF = 0,699 EUR
Euro Chinese Yuan 1 EUR = 9,157 CNY 1 CNY = 0,109 EUR
Japanese Yen Pound Sterling 1 JPY = 0,715 GBP 1 GBP = 1,399 JPY
Japanese Yen Australian Dollar 1 JPY = 1,173 AUD 1 AUD = 0,853 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,099 CAD 1 CAD = 0,910 JPY
Japanese Yen Swiss Franc 1 JPY = 1,149 CHF 1 CHF = 0,870 JPY
Pound Sterling Australian Dollar 1 GBP = 1,640 AUD 1 AUD = 0,610 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,537 CAD 1 CAD = 0,651 GBP
Pound Sterling Swiss Franc 1 GBP = 1,607 CHF 1 CHF = 0,622 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,276 CNY 1 CNY = 0,097 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,937 CAD 1 CAD = 1,067 AUD
Australian Dollar Swiss Franc 1 AUD = 0,979 CHF 1 CHF = 1,021 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,270 CNY 1 CNY = 0,159 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,045 CHF 1 CHF = 0,957 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,694 CNY 1 CNY = 0,149 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,400 CNY 1 CNY = 0,156 CHF

See what else happened on March 30, 2010