Financial news on June 1st, 2009

Business and Financial news
Cellphone Locator System Needs No Satellite

Wi-Fi signals and cell towers help iPhones and other devices using Skyhook Wireless to figure out where they are. Read more..

By JENNA WORTHAM - The New York Times

Hearst’s Contrarian Strategy Pays Off

Hearst’s magazines have held steady in circulation, and their ad pages fell about half as much last year as the industry average. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

In Crisis, Banks Dig In for Fight Against Rules

Underlying a battle over derivatives trading is a broader debate over what the right amount of regulation is. Read more..

By GRETCHEN MORGENSON and DON VAN NATTA Jr - The New York Times

Judge Clears Way for Sale of Chrysler to Fiat

With the approval of the sale to the Italian carmaker, Chrysler could exit bankruptcy as early as this week. Read more..

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

Newspaper for Dogs Has Bite, if Not Taste

They say that the newspaper business is going to the dogs. A campaign for a new product has been making that sentiment come true, with humorous results. Read more..

By STUART ELLIOTT - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC25,7626,0525,0025,43122M
Cisco SystemsCSCO19,1519,7719,0119,50103M
JPMorgan ChaseJPM37,4037,7335,7736,1190.2M
General ElectricGE13,8213,9913,5113,8686.4M
IntelINTC16,0316,5915,9716,5075.5M
PfizerPFE15,3615,4514,7014,7670.5M
MicrosoftMSFT21,0021,5020,8621,4057.3M
ExxonMobilXOM70,4672,0470,2571,7631.8M
Oracle Corp.ORCL19,7520,0219,6019,9231.6M
AT&T Inc.T24,9725,1124,5624,6427.9M
ComcastCMCSA13,9314,0813,8413,9224.7M
Coca-ColaKO49,2549,4548,7249,0221.3M
MerckMRK27,7127,8527,1327,5320.2M
Wal-Mart StoresWMT50,1850,7049,5850,5920M
Verizon CommunicationsVZ29,5329,6029,1029,2519.9M
Home DepotHD23,5924,4323,3924,1618.1M
HP Inc.HPQ34,8036,1334,7036,0017.8M
ConocoPhillipsCOP47,0348,1946,7247,9017.6M
AppleAAPL136,47139,99136,00139,3516.2M
Abbott LaboratoriesABT45,3045,4244,6644,9814.3M
ChevronCVX67,8069,6767,4469,2114.2M
Procter & GamblePG52,5553,6552,3653,3612.5M
Johnson & JohnsonJNJ55,7556,0555,2755,7812.5M
AltriaMO17,1917,2517,1017,1912M
Walt Disney & Co.DIS24,8325,2624,7525,0312M
SchlumbergerSLB58,6359,4957,9659,1711.6M
VisaV68,5068,9565,8266,6610.9M
AmazonAMZN78,2184,8077,4983,0510.8M
Bristol-Myers SquibbBMY20,1020,1619,8520,1110.5M
UnitedHealth GroupUNH26,9027,6626,6627,508.33M
PepsicoPEP52,2753,3952,2553,138.26M
Union PacificUNP50,6453,2349,7851,977.78M
McDonald'sMCD59,1859,9958,9259,857.75M
International Business MachinesIBM106,94108,67106,67108,377.72M
Gilead SciencesGILD43,1543,6442,4142,777.39M
BoeingBA45,5447,8145,5447,706.92M
AlphabetGOOGL418,73429,60418,53426,566.64M
3MMMM57,9059,8757,9059,296.01M
United TechnologiesUTX53,4955,5853,2155,275.97M
AmgenAMGN50,4550,6349,8750,105.23M
Berkshire HathawayBRK.B2985,503027,002820,002984,5029.1K
Exchange Rates of June 1st, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 96,540 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,091 CAD1 CAD = 0,916 USD
US DollarSwiss Franc1 USD = 1,071 CHF1 CHF = 0,934 USD
US DollarChinese Yuan1 USD = 6,827 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 136,610 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,861 GBP1 GBP = 1,162 EUR
EuroAustralian Dollar1 EUR = 1,747 AUD1 AUD = 0,572 EUR
EuroCanadian Dollar1 EUR = 1,544 CAD1 CAD = 0,648 EUR
EuroSwiss Franc1 EUR = 1,515 CHF1 CHF = 0,660 EUR
EuroChinese Yuan1 EUR = 9,661 CNY1 CNY = 0,104 EUR
Japanese YenPound Sterling1 JPY = 0,630 GBP1 GBP = 1,588 JPY
Japanese YenAustralian Dollar1 JPY = 1,279 AUD1 AUD = 0,782 JPY
Japanese YenCanadian Dollar1 JPY = 1,130 CAD1 CAD = 0,885 JPY
Japanese YenSwiss Franc1 JPY = 1,109 CHF1 CHF = 0,902 JPY
Pound SterlingAustralian Dollar1 GBP = 2,029 AUD1 AUD = 0,493 GBP
Pound SterlingCanadian Dollar1 GBP = 1,794 CAD1 CAD = 0,557 GBP
Pound SterlingSwiss Franc1 GBP = 1,760 CHF1 CHF = 0,568 GBP
Australian DollarCanadian Dollar1 AUD = 0,883 CAD1 CAD = 1,132 AUD
Australian DollarSwiss Franc1 AUD = 0,867 CHF1 CHF = 1,154 AUD
Australian DollarChinese Yuan1 AUD = 5,520 CNY1 CNY = 0,181 AUD
Canadian DollarSwiss Franc1 CAD = 0,981 CHF1 CHF = 1,020 CAD
Canadian DollarChinese Yuan1 CAD = 6,253 CNY1 CNY = 0,160 CAD
Swiss FrancChinese Yuan1 CHF = 6,374 CNY1 CNY = 0,157 CHF

See what else happened on June 1st, 2009