Financial news on July 01, 2010

Business and Financial news
Boeing to Buy a Maker Of Intelligence Systems

The aircraft maker said it would buy Argon ST to expand its capabilities in warfare and intelligence gathering. Read more..

By THE ASSOCIATED PRESS - The New York Times

Drink. Trade. Refill. Lose $10 Million.

A former oil futures broker engineered a jump in the price of oil a year ago and cost his firm millions after a weekend of heavy drinking, Britain’s financial regulator disclosed. Read more..

By JULIA WERDIGIER - The New York Times

European Commission Proposes Penalties for Budget Offenders

Governments that spend beyond their means could suffer a loss of farm aid and pay penalties under the proposal, which could take effect next year. Read more..

By JAMES KANTER - International Herald Tribune

In Ruling, W.T.O. Faults Europe Over Aid to Airbus

The World Trade Organization ruled that European government subsidies gave the European aircraft maker an unfair advantage over Boeing. Read more..

By CHRISTOPHER DREW - The New York Times

Mixed Signals from New Data on Jobs and Manufacturing

Private sector jobs rose only slightly in May, but Midwest business activity was a little better than expected. Read more..

By REUTERS - The New York Times

Morning Take-Out

The good news is, Spain sold a bunch of bonds without much trouble — a 3.5 billion euro thumbs up, if you will — but the bad news is, Moody’s says it may soon downgrade that debt. Read more..

By DEALBOOK - The New York Times

Siluria Turns Gas Into Green

Siluria Technologies, a start-up that engineers bugs to convert natural gas into organic chemicals, has just emerged with a lot of dollar signs attached — including an investment from Silicon Valley’s clean-tech kingmaker, Kleiner Perkins. Read more..

By DEALBOOK - The New York Times

TARP, the Bailout Fund Everyone Loves to Hate, Could Make Its Exit Early

The Obama administration and Congressional Democrats proposed phasing out the program as a way to win Republican support for the financial overhaul package. Read more..

By SEWELL CHAN - The New York Times

The Swype Revolution?

Motorola’s Droid X is one of the first phones to have Swype built in, giving users a completely new way to enter text on their phones. But is it really better than typing? Read more..

By DAVID POGUE - The New York Times

U.S. Changes Tariff Status of Some Goods

Wood flooring from Brazil lost its duty-free status, while frozen beans from Egypt gained it under a program meant to help poor companies. Read more..

By SEWELL CHAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 14,33 14,43 13,87 14,12 107M
Microsoft MSFT 23,09 23,32 22,73 23,16 92.2M
Intel INTC 19,43 19,62 19,00 19,25 88M
Pfizer PFE 14,29 14,33 14,00 14,23 67.9M
Cisco Systems CSCO 21,20 21,49 20,93 21,26 66.3M
Wells Fargo & Co. WFC 25,54 25,94 24,60 25,18 58.9M
JPMorgan Chase JPM 36,54 36,69 35,16 36,08 56.6M
AT&T Inc. T 24,26 24,40 24,00 24,34 51.2M
ExxonMobil XOM 56,98 57,27 56,17 56,61 47.7M
Oracle Corp. ORCL 21,46 21,68 21,24 21,55 38.3M
Apple AAPL 254,30 254,80 243,22 248,48 36.5M
Verizon Communications VZ 28,01 28,20 27,60 28,13 32.4M
Comcast CMCSA 17,32 17,77 17,07 17,74 31.3M
Home Depot HD 28,41 28,50 27,49 27,92 27.1M
Merck MRK 34,83 34,89 33,65 34,44 25.6M
HP Inc. HPQ 43,15 43,55 42,42 42,89 21.4M
Walt Disney & Co. DIS 31,47 32,10 30,91 31,49 19.9M
Procter & Gamble PG 59,84 60,29 59,36 59,54 19.3M
Bristol-Myers Squibb BMY 24,84 24,94 24,22 24,76 19.1M
ConocoPhillips COP 49,24 49,57 48,06 48,87 18.9M
Wal-Mart Stores WMT 48,10 48,41 47,77 48,34 18.1M
Johnson & Johnson JNJ 59,07 59,25 58,65 59,07 18M
Abbott Laboratories ABT 46,55 46,66 45,71 46,46 18M
Altria MO 20,15 20,27 19,89 20,24 17.9M
Chevron CVX 68,19 68,30 66,83 67,48 16.3M
UnitedHealth Group UNH 28,31 28,31 27,13 27,85 15.6M
Schlumberger SLB 55,29 55,80 53,61 55,26 14.5M
Coca-Cola KO 50,30 50,30 49,47 50,03 13M
Berkshire Hathaway BRK.B 79,56 79,67 77,93 78,81 11.9M
Gilead Sciences GILD 34,24 34,27 33,30 34,14 11.9M
McDonald's MCD 66,72 66,90 65,31 66,71 10.9M
Pepsico PEP 61,13 61,66 60,32 61,52 10.9M
Amgen AMGN 52,59 52,59 51,00 52,02 9.75M
International Business Machines IBM 123,55 124,21 121,61 122,57 9.74M
Amazon AMZN 108,90 111,69 106,70 110,96 8.53M
Visa V 71,00 73,01 70,11 72,86 7.59M
Alphabet GOOGL 445,29 448,40 433,63 439,49 7.02M
3M MMM 79,06 79,38 77,83 78,55 6.81M
Boeing BA 62,48 62,72 61,31 62,26 6.47M
Union Pacific UNP 69,86 70,38 67,83 69,51 6.22M
United Technologies UTX 64,85 64,91 63,62 64,39 5.68M
Exchange Rates of July 01, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 87,750 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,058 CAD 1 CAD = 0,945 USD
US Dollar Swiss Franc 1 USD = 1,060 CHF 1 CHF = 0,944 USD
US Dollar Chinese Yuan 1 USD = 6,782 CNY 1 CNY = 0,147 USD
Euro Japanese Yen 1 EUR = 109,830 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,825 GBP 1 GBP = 1,212 EUR
Euro Australian Dollar 1 EUR = 1,476 AUD 1 AUD = 0,678 EUR
Euro Canadian Dollar 1 EUR = 1,324 CAD 1 CAD = 0,755 EUR
Euro Swiss Franc 1 EUR = 1,326 CHF 1 CHF = 0,754 EUR
Euro Chinese Yuan 1 EUR = 8,484 CNY 1 CNY = 0,118 EUR
Japanese Yen Pound Sterling 1 JPY = 0,751 GBP 1 GBP = 1,332 JPY
Japanese Yen Australian Dollar 1 JPY = 1,343 AUD 1 AUD = 0,744 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,205 CAD 1 CAD = 0,830 JPY
Japanese Yen Swiss Franc 1 JPY = 1,207 CHF 1 CHF = 0,828 JPY
Pound Sterling Australian Dollar 1 GBP = 1,789 AUD 1 AUD = 0,559 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,605 CAD 1 CAD = 0,623 GBP
Pound Sterling Swiss Franc 1 GBP = 1,607 CHF 1 CHF = 0,622 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,274 CNY 1 CNY = 0,097 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,897 CAD 1 CAD = 1,115 AUD
Australian Dollar Swiss Franc 1 AUD = 0,898 CHF 1 CHF = 1,113 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,740 CNY 1 CNY = 0,174 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,002 CHF 1 CHF = 0,998 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,404 CNY 1 CNY = 0,156 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,396 CNY 1 CNY = 0,156 CHF

See what else happened on July 01, 2010