Financial news on June 02, 2010
Business and Financial news
Prolia is meant to help prevent fractures in postmenopausal women. Read more..
The wrangling over the price for the company’s Asian insurance unit confirms something that its prospective buyer should have known all along. Read more..
The wrangling over the American International Group’s Asian insurance unit clarifies what the board of Prudential of Britain should have known all along: A.I.G. is beholden to the U.S. taxpayer, Reuters Breakingviews writes. Read more..
Sardar Biglari, the activist investor who took over Steak n Shake in 2007 and renamed it Biglari Holdings, said his company had extended an offer to buy up to 1.6 percent of the shares of Advance Auto Parts from Tuesday until Friday. Read more..
With Prudential no longer involved, A.I.G. has no obvious suitor and may sell its prized Asian subsidiary in an initial offering. Read more..
Warren E. Buffett and the chief executive of credit rating agency Moody’s Corp. are scheduled to face questions Wednesday from a bipartisan panel probing the roots the financial crisis. Read more..
Two surveys by purchasing managers in China released Tuesday showed that government steps to forestall overheating in the giant economy were starting to take effect. Read more..
The Canadian convenience store operator went hostile in its pursuit of Casey’s General Stores, beginning a tender offer for its American counterpart and announcing its plan to nominate an alternate slate of directors. Read more..
Porter Airlines, a popular Canadian-based regional carrier, delayed its initial public offering because of unfavorable market conditions caused by volatility in the equity markets. Read more..
After the collapse of the deal to sell the American International Group’s huge Asian life insurance arm to Prudential, the British insurer’s chief is fighting for his job. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 26.06 | 26.48 | 25.73 | 26.46 | 65.7M |
General Electric | GE | 16.16 | 16.39 | 15.95 | 16.35 | 62.8M |
Intel | INTC | 21.39 | 21.83 | 21.16 | 21.81 | 61.5M |
Pfizer | PFE | 15.12 | 15.22 | 14.92 | 15.20 | 49.5M |
Cisco Systems | CSCO | 23.07 | 23.37 | 22.74 | 23.35 | 45.7M |
JPMorgan Chase | JPM | 39.17 | 39.62 | 38.67 | 39.55 | 39.6M |
Wells Fargo & Co. | WFC | 28.56 | 29.20 | 28.32 | 29.18 | 32.5M |
ExxonMobil | XOM | 59.51 | 60.80 | 59.23 | 60.77 | 28.7M |
Oracle Corp. | ORCL | 22.30 | 22.67 | 21.90 | 22.64 | 28.4M |
Schlumberger | SLB | 53.72 | 56.42 | 53.35 | 56.31 | 26.8M |
Amgen | AMGN | 53.55 | 56.32 | 53.31 | 56.09 | 26.2M |
AT&T Inc. | T | 24.44 | 24.79 | 24.39 | 24.78 | 25.6M |
HP Inc. | HPQ | 46.16 | 47.34 | 46.00 | 47.27 | 24.7M |
Apple | AAPL | 264.54 | 264.80 | 260.34 | 263.95 | 24.6M |
Altria | MO | 20.25 | 20.40 | 20.16 | 20.38 | 23.1M |
Comcast | CMCSA | 18.09 | 18.40 | 17.90 | 18.38 | 21.9M |
Verizon Communications | VZ | 27.25 | 27.60 | 27.09 | 27.59 | 19M |
ConocoPhillips | COP | 51.24 | 52.49 | 50.77 | 52.49 | 18.9M |
Abbott Laboratories | ABT | 47.00 | 47.51 | 46.51 | 47.48 | 18.7M |
Walt Disney & Co. | DIS | 33.57 | 34.79 | 33.46 | 34.74 | 18.3M |
Bristol-Myers Squibb | BMY | 23.06 | 23.24 | 22.86 | 23.00 | 17.1M |
Merck | MRK | 33.63 | 34.38 | 33.53 | 34.36 | 16.2M |
Chevron | CVX | 72.66 | 74.13 | 72.12 | 74.13 | 15.7M |
Johnson & Johnson | JNJ | 59.07 | 59.73 | 58.69 | 59.73 | 15.6M |
Home Depot | HD | 33.62 | 33.88 | 33.39 | 33.87 | 14.3M |
Wal-Mart Stores | WMT | 51.23 | 51.74 | 51.02 | 51.72 | 13.7M |
Gilead Sciences | GILD | 35.82 | 36.01 | 35.21 | 36.00 | 13.1M |
Procter & Gamble | PG | 61.16 | 61.83 | 61.04 | 61.74 | 13M |
Pepsico | PEP | 62.60 | 63.46 | 61.83 | 63.46 | 10M |
Visa | V | 71.46 | 71.87 | 70.02 | 71.25 | 9.4M |
Coca-Cola | KO | 51.54 | 52.41 | 51.17 | 52.41 | 9.37M |
UnitedHealth Group | UNH | 29.12 | 29.94 | 28.87 | 29.91 | 7.97M |
International Business Machines | IBM | 124.85 | 127.50 | 124.35 | 127.41 | 7.71M |
3M | MMM | 78.60 | 78.89 | 77.51 | 78.74 | 5.77M |
McDonald's | MCD | 66.53 | 67.80 | 66.20 | 67.77 | 5.75M |
Alphabet | GOOGL | 486.68 | 493.87 | 481.46 | 493.37 | 5.08M |
Berkshire Hathaway | BRK.B | 70.51 | 72.33 | 70.17 | 72.25 | 4.91M |
Amazon | AMZN | 124.02 | 126.43 | 121.65 | 126.31 | 4.76M |
Union Pacific | UNP | 70.34 | 72.67 | 70.33 | 72.58 | 4.66M |
Boeing | BA | 63.39 | 64.37 | 62.06 | 64.34 | 4.59M |
United Technologies | UTX | 66.47 | 67.53 | 65.97 | 67.46 | 4.3M |
Exchange Rates of June 02, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 92.240 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.039 CAD | 1 CAD = 0.963 USD |
US Dollar | Swiss Franc | 1 USD = 1.155 CHF | 1 CHF = 0.866 USD |
US Dollar | Chinese Yuan | 1 USD = 6.831 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 112.940 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.836 GBP | 1 GBP = 1.196 EUR |
Euro | Australian Dollar | 1 EUR = 1.455 AUD | 1 AUD = 0.687 EUR |
Euro | Canadian Dollar | 1 EUR = 1.272 CAD | 1 CAD = 0.786 EUR |
Euro | Swiss Franc | 1 EUR = 1.414 CHF | 1 CHF = 0.707 EUR |
Euro | Chinese Yuan | 1 EUR = 8.369 CNY | 1 CNY = 0.119 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.740 GBP | 1 GBP = 1.352 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.287 AUD | 1 AUD = 0.777 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.125 CAD | 1 CAD = 0.889 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.252 CHF | 1 CHF = 0.799 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.741 AUD | 1 AUD = 0.575 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.522 CAD | 1 CAD = 0.657 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.693 CHF | 1 CHF = 0.591 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.000 CNY | 1 CNY = 0.100 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.874 CAD | 1 CAD = 1.144 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.972 CHF | 1 CHF = 1.029 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.753 CNY | 1 CNY = 0.174 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.112 CHF | 1 CHF = 0.899 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.578 CNY | 1 CNY = 0.152 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5.916 CNY | 1 CNY = 0.169 CHF |
See what else happened on June 02, 2010