Olympic Stock Prices; Rival Federation Starts Tour

(ATR) Overall, stock prices for Olympic sponsors increased this week. Omega’s parent company and Samsung were the big movers ... Spin-off volleyball federation kicking off season ...

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Olympic Stocks

Acer Incorporated is on the Taiwan Stock Exchange as 2523, and the company continued its poor showing on the market this week. The world’s second-largest computer manufacturer started trading at $55.50 TWD, or $1.92. Stocks rose slightly Friday to finish at $51.10 TWD on Friday, or $1.77 USD. The highest shares got was $55.60, dipping to just below $49. Prices were $98.50 TWD in December.

Traded on the Paris Stock Exchange, Atos Origin (ATOS) had a high of 41.53 Euros, and a low of 40.55 Euros. That’s $60.44 and $59 each. Starting prices were 41.61 Euros, and 41.53 to close, $60.55 and $59. Friday is a national holiday in France, keeping the markets closed.

The Dow Chemical Company (DOW) began Monday at $37.13 and ended trading for the week on Thursday at $39.48. Markets in the United States are closed Friday in observation of Good Friday. High price was $39.50, $36.44 the low.

Share prices for General Electric ended at $19.95 for the week. Monday's opening price was $19.73. The high came at the start of trading Thursday, when GE's value hit $20.80, up from the low of $19.73

KO, The Coca-Cola Company, started at $67.33 and closed at $67.88. $68.11 and $66.55 were KO’s high price and low price.

McDonald’s, listed as MCD on the New York Stock Exchange, started trading Monday at $76.65, finishing Thursday at $76.91. The fast food giant’s high came at the end of Wednesday--$78.40 the low on Monday was $76.43.

Omega is part of the Swatch Group. UHR started the week at 394.90 Swiss Francs ($445.19), and finished at 420.30 CHF ($473.84). High price was 420.70 CHF ($474.92) and the low was 388.40 ($437.88). The Swiss Exchange, like the Paris and New York exchanges, is closed Friday.

Panasonic is traded on the Tokyo Stock Exchange. The stock, 6752, is worth 993 yen, $12.12. It started at 1013 yen ($12.36), also its peak, and had a low of 985, $12.02.

Samsung’s stock price rose slightly this week. Traded as 005930 on the Korea Stock Exchange, stock prices started the week at 891,000 won, or $823. Stocks finished at 905,000 won or $836. High and low prices for the week were $862 and $788 respectively.

Visa (V) started the week at $75.80, and ended at $77.77. Prices peaked at $77.97 and hit $75.17 for their low.

PG, The Procter & Gamble Company, finished trading at $63.27 for the week.Monday's opening price was $63.80. Shares topped at $64.12 and hit $63 for thelow.

Trading for General Electric ended at $19.95 for the week. Monday's openingprice was $19.73. The high came at the start of trading Thursday, when GE'svalue hit $20.80, up from the low of $19.73

The Dow Jones Summer/Winter Games Index (DJOLX) finished the week at $147.57, after startingat $146.40. The index ranged from $147.32 - 148.63. DJOLX tracks the performance of all publicly traded securities of companies that are official partners, sponsors or suppliers of the London 2012 Olympic Summer Games.

All currency conversions are from xe.com.

WVBF Tour Opens, Children’s Godfather Named

Salta, Argentina hosted the second stop on the 2011 World Volleyball and Beach Volleyball Federation Protour April 15-17. Next stops are Cochabamba, Bolivia and Campeche, Mexico.

During the summer months the tour moves to Europe. The final is set for Abu Dhabi in November with $200,000 in prize money.

Sheikh Rashid Bin Hamad Bin Ibrahim Al Qassimi from the United Arab Emirates is named as "Godfather" for children's causes around the world by the WVBF.

The WVBF, based in Vevey, Switzerland, includes more than 100 affiliated national associations, mainly in Africa.

Written by Ed Hula III.

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