Financial news on June 02, 2008

Business and Financial news
A Bear Stearns Refugee Gets a New Start at Merrill

Fares D. Noujaim suffered an emotional and financial blow when the investment bank imploded. Now he gets a chance to start anew. Read more..

By LANDON THOMAS Jr - The New York Times

A Network to Make an Environmental Point

Can the environment make for entertaining TV? Discovery Communications is about to find out with its launch of Planet Green. Read more..

By BRIAN STELTER - The New York Times

College Alumni Magazines Struggle to Compete With Facebook

The advent of social networking Web sites has created a quandary for alumni magazines, which have been slow to embrace the Web. Read more..

By CATE DOTY - The New York Times

Financier in Hollywood Strikes Deal in D.W.I.

Ryan Kavanaugh pleaded no contest to, and was convicted of, one count of driving under the influence of alcohol, while more serious charges were dropped. Read more..

By MICHAEL CIEPLY - The New York Times

Getting Emotional Over Luxury Beds

A Swedish maker of beds that cost up to $65,000 has launched a campaign that celebrates its products as fashionable luxury goods. Read more..

By STUART ELLIOTT - The New York Times

Industries Allied to Cap Carbon Differ on the Details

The difficult bottom line in the negotiations is that dealing with climate change will almost certainly hurt some industries and enrich others. Read more..

By JAD MOUAWAD - The New York Times

Is the Main Character Missing? Maybe Not.

A 33-year-old technology manager in Dublin has generated a flood of new Web traffic on his blog with his tweaked comic strip, “Garfield Minus Garfield.” Read more..

By CATE DOTY - The New York Times

Shyamalan’s Hollywood Horror Story, With Twist

M. Night Shyamalan’s career illustrates one of the paradoxes of Hollywood: the industry loves the myth of the auteur — until faced with the realities of the box office. Read more..

By ALLISON HOPE WEINER - The New York Times

Treasury Auctions Set for This Week

The week’s financing schedule included Monday’s regular weekly auction of new three- and six-month bills and auctions of one-year and four-week bills on Tuesday. Read more..

By THE NEW YORK TIMES - The New York Times

Walter H. Diamond, Expert on Taxation, Is Dead at 95

Mr. Diamond was an expert on international taxation and helped prepare the foreign exchange proposals for the Bretton Woods conference, which established the International Monetary Fund. Read more..

By JULIE CRESWELL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 28.24 28.36 27.55 27.80 77M
Cisco Systems CSCO 26.62 26.82 26.24 26.35 59M
Pfizer PFE 19.45 19.46 19.03 19.18 53.5M
General Electric GE 30.80 30.89 30.18 30.41 50.9M
Intel INTC 23.10 23.38 22.82 23.20 50.6M
Oracle Corp. ORCL 22.75 22.77 22.35 22.68 31.8M
JPMorgan Chase JPM 42.63 42.77 41.66 42.15 30.6M
ExxonMobil XOM 88.01 88.71 87.42 87.81 26M
Apple AAPL 188.50 189.65 184.53 186.10 24.3M
Comcast CMCSA 22.40 22.57 22.20 22.52 23.9M
Wells Fargo & Co. WFC 27.49 27.54 26.71 27.11 23.2M
AT&T Inc. T 39.67 39.91 38.99 39.35 19.6M
Merck MRK 38.90 38.99 37.90 38.17 19.5M
ConocoPhillips COP 92.30 93.09 91.52 92.95 17.4M
Wal-Mart Stores WMT 57.41 57.99 56.52 57.20 17.3M
Home Depot HD 27.41 27.60 26.80 27.16 15.5M
HP Inc. HPQ 46.86 47.01 45.75 46.25 14.6M
Verizon Communications VZ 38.40 38.50 36.20 37.86 14.5M
Bristol-Myers Squibb BMY 22.75 22.75 21.95 21.98 13.5M
Abbott Laboratories ABT 56.13 56.20 55.26 55.68 12.9M
Altria MO 22.32 22.35 21.97 22.03 12.1M
Chevron CVX 98.82 99.70 97.82 99.37 11.7M
UnitedHealth Group UNH 34.22 34.42 33.66 33.99 10.3M
Walt Disney & Co. DIS 33.50 33.59 33.05 33.30 10.3M
Procter & Gamble PG 65.92 65.92 64.94 65.36 9.98M
Johnson & Johnson JNJ 66.55 67.00 66.15 66.51 9.63M
Coca-Cola KO 57.05 57.37 56.45 57.00 9.56M
Visa V 86.21 86.95 84.60 86.07 9.21M
Amgen AMGN 44.00 44.36 43.53 44.22 8.46M
International Business Machines IBM 128.67 129.37 126.70 127.36 7.6M
Alphabet GOOGL 582.50 583.89 571.27 575.00 7.34M
Pepsico PEP 68.11 68.22 67.07 67.55 7.19M
Gilead Sciences GILD 54.57 55.08 53.95 54.58 6.43M
Amazon AMZN 81.54 81.57 80.05 80.23 6.22M
Schlumberger SLB 100.54 101.95 99.05 100.26 6.01M
Union Pacific UNP 82.12 82.12 80.02 81.18 5.09M
McDonald's MCD 59.12 59.19 58.07 58.55 4.93M
Boeing BA 82.61 82.61 80.47 81.15 4.49M
United Technologies UTX 70.62 71.03 70.01 70.73 4.37M
3M MMM 77.41 77.49 75.80 76.25 3.94M
Berkshire Hathaway BRK.B 4484.00 4520.00 4345.00 4390.00 37K
Exchange Rates of June 02, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 104.410 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.001 CAD 1 CAD = 0.999 USD
US Dollar Swiss Franc 1 USD = 1.037 CHF 1 CHF = 0.964 USD
US Dollar Chinese Yuan 1 USD = 6.933 CNY 1 CNY = 0.144 USD
Euro Japanese Yen 1 EUR = 162.250 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.790 GBP 1 GBP = 1.265 EUR
Euro Australian Dollar 1 EUR = 1.626 AUD 1 AUD = 0.615 EUR
Euro Canadian Dollar 1 EUR = 1.556 CAD 1 CAD = 0.643 EUR
Euro Swiss Franc 1 EUR = 1.612 CHF 1 CHF = 0.621 EUR
Japanese Yen Pound Sterling 1 JPY = 0.487 GBP 1 GBP = 2.054 JPY
Japanese Yen Australian Dollar 1 JPY = 1.002 AUD 1 AUD = 0.998 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.959 CAD 1 CAD = 1.043 JPY
Japanese Yen Swiss Franc 1 JPY = 0.993 CHF 1 CHF = 1.007 JPY
Pound Sterling Australian Dollar 1 GBP = 2.057 AUD 1 AUD = 0.486 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.968 CAD 1 CAD = 0.508 GBP
Pound Sterling Swiss Franc 1 GBP = 2.038 CHF 1 CHF = 0.491 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.956 CAD 1 CAD = 1.046 AUD
Australian Dollar Swiss Franc 1 AUD = 0.990 CHF 1 CHF = 1.010 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.035 CHF 1 CHF = 0.966 CAD

See what else happened on June 02, 2008