Financial news on June 3rd, 2008

Business and Financial news
Boutique Bandwagon

A couple of decades after boutique hotels were first launched, the concept has become so successful that hoteliers across the industry are rushing to develop boutique brands. Read more..

By SUSAN STELLIN - The New York Times

Japan: Nissan Leads Decline in Auto Sales

Nissan led a decline in domestic auto sales in May, as higher taxes and fuel costs cut demand. Read more..

By BLOOMBERG NEWS - The New York Times

Lawsuit Criticizes Yahoo Retention Plan

The lawsuit against Yahoo’s board over its rebuff of Microsoft’s $47.5 billion buyout bid was made public by a judge who said that Yahoo had not shown good reason to keep it confidential. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT27,9528,3127,2727,3186.6M
IntelINTC23,3423,6922,8522,9465.5M
PfizerPFE19,1219,2018,9319,0153.4M
General ElectricGE30,5630,8030,2530,4652.4M
Oracle Corp.ORCL22,7923,5722,7022,9150.9M
Cisco SystemsCSCO26,3526,8026,2226,3446.7M
ExxonMobilXOM87,4588,2685,6185,7131.5M
Wells Fargo & Co.WFC27,2627,4426,5926,7830.4M
JPMorgan ChaseJPM42,4042,6941,1941,8928.5M
AppleAAPL186,90188,20182,34185,3726.8M
AT&T Inc.T39,4139,4938,5238,7824.2M
ComcastCMCSA22,5922,6522,0322,2721.2M
ConocoPhillipsCOP92,8393,4991,5991,6518.6M
Wal-Mart StoresWMT57,7958,0557,3657,7717.1M
Home DepotHD27,0527,2526,7127,0915.2M
Abbott LaboratoriesABT55,9557,0455,4755,7315.1M
HP Inc.HPQ46,4446,9746,0546,2414.6M
AltriaMO22,0622,2321,9021,9813.1M
ChevronCVX99,04100,2297,6397,8612.7M
MerckMRK38,3038,5738,0438,3512.3M
Verizon CommunicationsVZ37,9238,1537,0637,3612.2M
VisaV87,0187,9586,0387,5612.1M
Procter & GamblePG65,4665,6464,9565,4111.4M
Johnson & JohnsonJNJ66,6167,0466,4466,7611.4M
Bristol-Myers SquibbBMY22,0122,2321,7821,8611.1M
Walt Disney & Co.DIS33,4833,5133,0033,1811.1M
BoeingBA81,5081,8077,3078,1210.2M
UnitedHealth GroupUNH34,0434,3033,5033,959.69M
Coca-ColaKO56,8657,2556,2956,409.42M
McDonald'sMCD58,7058,9157,2157,569.19M
AlphabetGOOGL577,95580,50560,61567,308.6M
Gilead SciencesGILD55,0055,8054,7655,308.11M
SchlumbergerSLB99,67101,2298,7998,988.07M
AmgenAMGN44,4944,5043,6344,157.98M
International Business MachinesIBM127,48129,00127,46127,847.24M
PepsicoPEP67,7567,7566,7367,057M
United TechnologiesUTX70,9771,1069,2669,766.94M
Union PacificUNP81,4782,7679,0379,716M
AmazonAMZN80,7181,8979,2680,115.87M
3MMMM76,5076,6675,5076,234.85M
Berkshire HathawayBRK.B4390,004502,004371,004470,0036.8K
Exchange Rates of June 3rd, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 105,140 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,009 CAD1 CAD = 0,991 USD
US DollarSwiss Franc1 USD = 1,043 CHF1 CHF = 0,959 USD
US DollarChinese Yuan1 USD = 6,925 CNY1 CNY = 0,144 USD
EuroJapanese Yen1 EUR = 162,300 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,787 GBP1 GBP = 1,271 EUR
EuroAustralian Dollar1 EUR = 1,622 AUD1 AUD = 0,616 EUR
EuroCanadian Dollar1 EUR = 1,558 CAD1 CAD = 0,642 EUR
EuroSwiss Franc1 EUR = 1,610 CHF1 CHF = 0,621 EUR
Japanese YenPound Sterling1 JPY = 0,484 GBP1 GBP = 2,064 JPY
Japanese YenAustralian Dollar1 JPY = 0,999 AUD1 AUD = 1,001 JPY
Japanese YenCanadian Dollar1 JPY = 0,960 CAD1 CAD = 1,042 JPY
Japanese YenSwiss Franc1 JPY = 0,992 CHF1 CHF = 1,008 JPY
Pound SterlingAustralian Dollar1 GBP = 2,063 AUD1 AUD = 0,485 GBP
Pound SterlingCanadian Dollar1 GBP = 1,980 CAD1 CAD = 0,505 GBP
Pound SterlingSwiss Franc1 GBP = 2,046 CHF1 CHF = 0,489 GBP
Australian DollarCanadian Dollar1 AUD = 0,960 CAD1 CAD = 1,042 AUD
Australian DollarSwiss Franc1 AUD = 0,992 CHF1 CHF = 1,008 AUD
Canadian DollarSwiss Franc1 CAD = 1,033 CHF1 CHF = 0,968 CAD

See what else happened on June 3rd, 2008