Financial news on June 02, 2006

Business and Financial news
A Commodities Bull Can Find No Reason to Pull In His Horns

James B. Rogers Jr., fund manager, author and avowed commodities bull, is undeterred even as less committed bulls suspect that the peak is past. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Asian Cars Won 40% of Market Last Month

Sales of fuel-efficient vehicles like the Toyota Corolla, Honda Civic and Hyundai Sonata all rose 20 percent or more compared with May 2005. Read more..

By MICHELINE MAYNARD and NICK BUNKLEY - The New York Times

A Tax Rule Could Save Treasury Nominee Millions

Henry M. Paulson Jr. could receive a tax break of at least $48 million if he is confirmed as Treasury secretary. Read more..

By ERIC DASH - The New York Times

Bank of China's Offering Soars 15% in First Day

In the world's biggest public share offering in six years, investors raised $9.7 billion for one of China's biggest state-owned banks. Read more..

By DAVID BARBOZA - The New York Times

It's a Grand Duchy, but It's Also the Largest Shareholder

Luxembourg's involvement in the acquisition battle over Arcelor has critics citing protectionism. Read more..

By HEATHER TIMMONS and JAMES KANTER - The New York Times

Pact Averts Strike at Alcoa

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

The Gauls at Home in Erin

European countries have to deal not only with immigration from places like Africa and Southeast Asia, but also from their neighbors in the European Union. Read more..

By JOHN TAGLIABUE - The New York Times

Which Bosses Really Care if Shares Rise?

Investors should know how much the executive's wealth will rise if the stock goes up, and how much it will fall if the stock goes down. Read more..

By FLOYD NORRIS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT22,8722,9922,6722,7673.9M
IntelINTC18,0718,3117,9618,2371.3M
Cisco SystemsCSCO20,6020,8020,3520,4443.1M
AppleAAPL62,9963,1060,8861,6624.5M
Oracle Corp.ORCL14,2214,2814,0414,1522.9M
PfizerPFE24,0024,2323,8724,1921.6M
General ElectricGE34,5834,8134,4834,6621.2M
ComcastCMCSA33,3033,5532,6733,5220.8M
ExxonMobilXOM61,1562,1560,5161,6517.4M
Wal-Mart StoresWMT48,1748,3547,3247,8313.8M
AT&T Inc.T26,8026,9626,4726,7313.2M
AlphabetGOOGL386,84387,08377,45379,4412.8M
UnitedHealth GroupUNH46,2847,3746,2846,9812.7M
Home DepotHD38,4138,7537,8038,0012.5M
ChevronCVX60,2160,8559,8360,7511.4M
Verizon CommunicationsVZ31,9632,2331,8531,949.68M
JPMorgan ChaseJPM43,8044,2043,5343,819.64M
ConocoPhillipsCOP64,4065,0163,4664,519.27M
AltriaMO72,4172,9572,0072,859.2M
HP Inc.HPQ32,4132,4632,0232,409.01M
Walt Disney & Co.DIS30,6130,6930,4530,628.78M
Procter & GamblePG54,3754,5553,8053,958.58M
AmgenAMGN69,0569,4568,0069,188.36M
SchlumbergerSLB65,4866,5464,9966,057.62M
International Business MachinesIBM80,5080,5679,1579,527.23M
Abbott LaboratoriesABT43,1043,3542,8943,137.08M
MerckMRK33,6534,2433,5033,956.68M
Johnson & JohnsonJNJ60,7061,0160,4560,746.67M
Bristol-Myers SquibbBMY25,1025,4024,9525,276.13M
Coca-ColaKO43,9344,1343,6043,896.06M
Wells Fargo & Co.WFC67,8968,3167,6868,145.52M
AmazonAMZN35,1935,2234,0534,765.44M
Gilead SciencesGILD58,9959,4057,8358,404.71M
McDonald'sMCD33,6033,7833,2533,514.42M
PepsicoPEP60,8761,0060,2260,674.37M
United TechnologiesUTX63,2063,4462,5063,033.45M
BoeingBA84,0484,5883,1783,803.23M
3MMMM84,8085,2384,5084,782.32M
Union PacificUNP94,9095,2093,2494,051.8M
Berkshire HathawayBRK.B3057,003066,003044,003056,006.1K
Exchange Rates of June 02, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 111,570 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,101 CAD1 CAD = 0,908 USD
US DollarSwiss Franc1 USD = 1,207 CHF1 CHF = 0,828 USD
US DollarChinese Yuan1 USD = 8,021 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 144,160 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,686 GBP1 GBP = 1,458 EUR
EuroAustralian Dollar1 EUR = 1,718 AUD1 AUD = 0,582 EUR
EuroCanadian Dollar1 EUR = 1,422 CAD1 CAD = 0,703 EUR
EuroSwiss Franc1 EUR = 1,560 CHF1 CHF = 0,641 EUR
Pound SterlingAustralian Dollar1 GBP = 2,504 AUD1 AUD = 0,399 GBP
Pound SterlingCanadian Dollar1 GBP = 2,073 CAD1 CAD = 0,482 GBP
Pound SterlingSwiss Franc1 GBP = 2,274 CHF1 CHF = 0,440 GBP
Australian DollarCanadian Dollar1 AUD = 0,828 CAD1 CAD = 1,208 AUD
Australian DollarSwiss Franc1 AUD = 0,908 CHF1 CHF = 1,102 AUD

See what else happened on June 02, 2006