Financial news on June 01, 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

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 25.76 26.05 25.00 25.43 122M
Cisco Systems CSCO 19.15 19.77 19.01 19.50 103M
JPMorgan Chase JPM 37.40 37.73 35.77 36.11 90.2M
General Electric GE 13.82 13.99 13.51 13.86 86.4M
Intel INTC 16.03 16.59 15.97 16.50 75.5M
Pfizer PFE 15.36 15.45 14.70 14.76 70.5M
Microsoft MSFT 21.00 21.50 20.86 21.40 57.3M
ExxonMobil XOM 70.46 72.04 70.25 71.76 31.8M
Oracle Corp. ORCL 19.75 20.02 19.60 19.92 31.6M
AT&T Inc. T 24.97 25.11 24.56 24.64 27.9M
Comcast CMCSA 13.93 14.08 13.84 13.92 24.7M
Coca-Cola KO 49.25 49.45 48.72 49.02 21.3M
Merck MRK 27.71 27.85 27.13 27.53 20.2M
Wal-Mart Stores WMT 50.18 50.70 49.58 50.59 20M
Verizon Communications VZ 29.53 29.60 29.10 29.25 19.9M
Home Depot HD 23.59 24.43 23.39 24.16 18.1M
HP Inc. HPQ 34.80 36.13 34.70 36.00 17.8M
ConocoPhillips COP 47.03 48.19 46.72 47.90 17.6M
Apple AAPL 136.47 139.99 136.00 139.35 16.2M
Abbott Laboratories ABT 45.30 45.42 44.66 44.98 14.3M
Chevron CVX 67.80 69.67 67.44 69.21 14.2M
Procter & Gamble PG 52.55 53.65 52.36 53.36 12.5M
Johnson & Johnson JNJ 55.75 56.05 55.27 55.78 12.5M
Altria MO 17.19 17.25 17.10 17.19 12M
Walt Disney & Co. DIS 24.83 25.26 24.75 25.03 12M
Schlumberger SLB 58.63 59.49 57.96 59.17 11.6M
Visa V 68.50 68.95 65.82 66.66 10.9M
Amazon AMZN 78.21 84.80 77.49 83.05 10.8M
Bristol-Myers Squibb BMY 20.10 20.16 19.85 20.11 10.5M
UnitedHealth Group UNH 26.90 27.66 26.66 27.50 8.33M
Pepsico PEP 52.27 53.39 52.25 53.13 8.26M
Union Pacific UNP 50.64 53.23 49.78 51.97 7.78M
McDonald's MCD 59.18 59.99 58.92 59.85 7.75M
International Business Machines IBM 106.94 108.67 106.67 108.37 7.72M
Gilead Sciences GILD 43.15 43.64 42.41 42.77 7.39M
Boeing BA 45.54 47.81 45.54 47.70 6.92M
Alphabet GOOGL 418.73 429.60 418.53 426.56 6.64M
3M MMM 57.90 59.87 57.90 59.29 6.01M
United Technologies UTX 53.49 55.58 53.21 55.27 5.97M
Amgen AMGN 50.45 50.63 49.87 50.10 5.23M
Berkshire Hathaway BRK.B 2985.50 3027.00 2820.00 2984.50 29.1K
Exchange Rates of June 01, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 96.540 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.091 CAD 1 CAD = 0.916 USD
US Dollar Swiss Franc 1 USD = 1.071 CHF 1 CHF = 0.934 USD
US Dollar Chinese Yuan 1 USD = 6.827 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 136.610 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.861 GBP 1 GBP = 1.162 EUR
Euro Australian Dollar 1 EUR = 1.747 AUD 1 AUD = 0.572 EUR
Euro Canadian Dollar 1 EUR = 1.544 CAD 1 CAD = 0.648 EUR
Euro Swiss Franc 1 EUR = 1.515 CHF 1 CHF = 0.660 EUR
Euro Chinese Yuan 1 EUR = 9.661 CNY 1 CNY = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.630 GBP 1 GBP = 1.588 JPY
Japanese Yen Australian Dollar 1 JPY = 1.279 AUD 1 AUD = 0.782 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.130 CAD 1 CAD = 0.885 JPY
Japanese Yen Swiss Franc 1 JPY = 1.109 CHF 1 CHF = 0.902 JPY
Pound Sterling Australian Dollar 1 GBP = 2.029 AUD 1 AUD = 0.493 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.794 CAD 1 CAD = 0.557 GBP
Pound Sterling Swiss Franc 1 GBP = 1.760 CHF 1 CHF = 0.568 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.883 CAD 1 CAD = 1.132 AUD
Australian Dollar Swiss Franc 1 AUD = 0.867 CHF 1 CHF = 1.154 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.520 CNY 1 CNY = 0.181 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.981 CHF 1 CHF = 1.020 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.253 CNY 1 CNY = 0.160 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.374 CNY 1 CNY = 0.157 CHF

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