Financial news on June 4th, 2009

Business and Financial news
An Open-Mike Event for Small-Business Ideas

At live events, the Ideablob Corporation encourages entrepreneurs to step up and pitch their ideas to an audience of their peers. Read more..

By DON STEINBERG - The New York Times

A Political Message Amid the Movie Trailers

Moviegoers may get a dose of advocacy this month as commercials intended to spell out the perils of frivolous lawsuits come to theaters. Read more..

By ELIZABETH OLSON - The New York Times

Chrysler Sale to Fiat Moves to a Higher Court

A federal appeals court agreed to hear an appeal of Chrysler’s sale to Fiat, after a lower court judge approved the move to help expedite the process. Read more..

By MICHAEL J. de la MERCED - The New York Times

Court Revives Case Against Unit of Shell

The United States Court of Appeals in New York reinstated a case against Shell Nigeria, which a lower court judge dismissed last year. Read more..

By BLOOMBERG NEWS - The New York Times

Cracking Open XML Files

I’ve started receiving files in the newer document format and have problems opening them with my older version of the program. Is there any way to open these files? Read more..

By J.D. BIERSDORFER - The New York Times

Icahn Places Two Allies on the Biogen Idec Board

Carl C. Icahn, the billionaire activist investor, claimed a major victory in his long-running battle with Biogen Idec on Wednesday, announcing that two allies had been placed on the company’s board. Read more..

By ZACHERY KOUWE - The New York Times

Palm Pre, Elegant Contender

Palm’s new multitouch smartphone may be the challenger that can finally out-iPhone the iPhone. Read more..

By DAVID POGUE - The New York Times

Putting Words to Pictures

I have a long spoken-word audio clip that’d I’d like to put online, with a series of images to go along with it. What’s the best way to do this? Read more..

By J.D. BIERSDORFER - The New York Times

Rising Interest on Nations’ Debts May Sap World Growth

Countries worldwide are paying higher interest rates on their expanding debt, which could translate into hundreds of billions of dollars more in spending. Read more..

By NELSON D. SCHWARTZ - The New York Times

Steel Maker Plans Deep Layoffs in Spain

ArcelorMittal was granted permission to cut hours by the government in Spain, which has the highest jobless rate in Europe. Read more..

By DAVID JOLLY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC24.3925.1023.7825.1075.2M
JPMorgan ChaseJPM34.4035.4434.2335.3571M
General ElectricGE13.6213.7513.4313.7558.4M
Cisco SystemsCSCO19.4619.8119.3019.6740.6M
AT&T Inc.T24.6424.7724.2424.3633M
Oracle Corp.ORCL20.3420.6720.2720.6130.3M
HP Inc.HPQ35.7336.2835.4836.0918.9M
Abbott LaboratoriesABT45.1845.3044.3544.7516.7M
Home DepotHD24.3924.6523.7524.5715.8M
Wal-Mart StoresWMT50.8351.0050.2550.8715.3M
Verizon CommunicationsVZ29.6829.8229.4529.5714.8M
Bristol-Myers SquibbBMY20.0220.1019.8519.9812.9M
Johnson & JohnsonJNJ56.3656.4055.4755.8412.2M
Walt Disney & Co.DIS25.0125.2224.8125.1411.5M
Procter & GamblePG53.7653.8652.9753.359.99M
Gilead SciencesGILD44.6945.5044.6944.927.41M
UnitedHealth GroupUNH27.7327.9327.0227.276.61M
International Business MachinesIBM106.17106.87105.60106.335.47M
United TechnologiesUTX54.8655.4154.6755.135.1M
Union PacificUNP52.0653.6751.4153.324.05M
Berkshire HathawayBRK.B2935.002957.502920.002933.0025.5K
Exchange Rates of June 4th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 96.640 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.098 CAD1 CAD = 0.911 USD
US DollarSwiss Franc1 USD = 1.069 CHF1 CHF = 0.936 USD
US DollarChinese Yuan1 USD = 6.834 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 137.020 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.878 GBP1 GBP = 1.139 EUR
EuroAustralian Dollar1 EUR = 1.767 AUD1 AUD = 0.566 EUR
EuroCanadian Dollar1 EUR = 1.557 CAD1 CAD = 0.642 EUR
EuroSwiss Franc1 EUR = 1.516 CHF1 CHF = 0.660 EUR
EuroChinese Yuan1 EUR = 9.692 CNY1 CNY = 0.103 EUR
Japanese YenPound Sterling1 JPY = 0.641 GBP1 GBP = 1.561 JPY
Japanese YenAustralian Dollar1 JPY = 1.289 AUD1 AUD = 0.776 JPY
Japanese YenCanadian Dollar1 JPY = 1.136 CAD1 CAD = 0.880 JPY
Japanese YenSwiss Franc1 JPY = 1.106 CHF1 CHF = 0.904 JPY
Pound SterlingAustralian Dollar1 GBP = 2.012 AUD1 AUD = 0.497 GBP
Pound SterlingCanadian Dollar1 GBP = 1.773 CAD1 CAD = 0.564 GBP
Pound SterlingSwiss Franc1 GBP = 1.726 CHF1 CHF = 0.580 GBP
Pound SterlingChinese Yuan1 GBP = 11.041 CNY1 CNY = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 0.881 CAD1 CAD = 1.135 AUD
Australian DollarSwiss Franc1 AUD = 0.858 CHF1 CHF = 1.166 AUD
Australian DollarChinese Yuan1 AUD = 5.478 CNY1 CNY = 0.183 AUD
Canadian DollarSwiss Franc1 CAD = 0.973 CHF1 CHF = 1.028 CAD
Canadian DollarChinese Yuan1 CAD = 6.222 CNY1 CNY = 0.161 CAD
Swiss FrancChinese Yuan1 CHF = 6.391 CNY1 CNY = 0.156 CHF

See what else happened on June 4th, 2009