Financial news on June 04, 2010
Business and Financial news
Rabobank said Friday that it had signed a memorandum of understanding to collaborate with Agricultural Bank of China, the state-run lender poised to go public in what it hopes will be a $30 billion I.P.O. Read more..
Ben S. Bernanke said that banks needed to increase lending to small businesses to reduce unemployment and help the economic recovery. Read more..
HSBC Holdings said Friday that it is in talks to sell off its private equity fund management businesses in five separate management buyouts. Read more..
Infogroup is urging shareholders to ignore the objections of two of its biggest investors and approve the database provider’s proposed $460 million sale to private equity firm CCMP Capital Advisors later this month, The Associated Press reported. Read more..
Investors will scour a preliminary prospectus for Agricultural Bank of China’s around $30 billion IPO, the world’s largest, for updates on its book value and bad loans. Read more..
A striking grid design compliments of Martin Ashwood-Smith. Read more..
Biofuel goals meant to fight climate change are worsening the problem by giving growers an incentive to destroy virgin forests and peatlands that serve as huge carbon sinks, environmental advocates say. Read more..
Though the amount Bernard L. Madoff’s investors are likely to recover from losses is still unclear, a number of companies are prepared to bet that the compensation will be worth the wait, The Wall Street Journal reported. Read more..
An alliance of five European organizations has created a label for certifying natural and organic cosmetics. It is called Cosmos. Read more..
The two foes will have to learn to work together to write regulations for the health care law that are mutually satisfying. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 16,08 | 16,08 | 15,56 | 15,71 | 114M |
Microsoft | MSFT | 26,10 | 26,57 | 25,62 | 25,79 | 89.8M |
Pfizer | PFE | 15,01 | 15,04 | 14,67 | 14,76 | 77.9M |
Intel | INTC | 21,54 | 21,60 | 20,79 | 20,95 | 67.9M |
Cisco Systems | CSCO | 23,32 | 23,55 | 22,76 | 22,96 | 60.6M |
JPMorgan Chase | JPM | 38,49 | 38,70 | 37,50 | 37,62 | 52.9M |
Wells Fargo & Co. | WFC | 28,28 | 28,45 | 27,65 | 27,78 | 50.7M |
ExxonMobil | XOM | 60,74 | 61,05 | 59,29 | 59,53 | 45M |
AT&T Inc. | T | 24,52 | 24,54 | 24,03 | 24,17 | 36.9M |
Oracle Corp. | ORCL | 22,54 | 22,96 | 22,04 | 22,13 | 35.1M |
Altria | MO | 20,43 | 20,47 | 19,97 | 20,02 | 30.3M |
Apple | AAPL | 258,21 | 261,90 | 254,63 | 255,97 | 27.1M |
Bristol-Myers Squibb | BMY | 22,71 | 22,85 | 22,31 | 22,44 | 26.6M |
Comcast | CMCSA | 18,08 | 18,20 | 17,73 | 17,79 | 24.6M |
Wal-Mart Stores | WMT | 51,41 | 51,70 | 50,22 | 50,40 | 24M |
Verizon Communications | VZ | 27,38 | 27,45 | 27,11 | 27,21 | 22.5M |
Walt Disney & Co. | DIS | 34,06 | 34,35 | 33,44 | 33,69 | 21.8M |
Johnson & Johnson | JNJ | 58,96 | 59,03 | 57,76 | 58,01 | 21.8M |
Abbott Laboratories | ABT | 47,04 | 47,10 | 46,37 | 46,53 | 21.4M |
Schlumberger | SLB | 55,70 | 57,95 | 55,17 | 55,74 | 20.1M |
Home Depot | HD | 32,88 | 32,90 | 31,94 | 32,15 | 20.1M |
ConocoPhillips | COP | 50,94 | 51,35 | 49,68 | 50,06 | 18.8M |
HP Inc. | HPQ | 46,69 | 47,10 | 45,79 | 46,05 | 18.7M |
Merck | MRK | 33,85 | 33,92 | 32,99 | 33,17 | 18.2M |
Chevron | CVX | 72,15 | 72,71 | 70,80 | 71,28 | 18.1M |
Procter & Gamble | PG | 61,12 | 61,12 | 60,57 | 60,80 | 17.9M |
Gilead Sciences | GILD | 35,11 | 35,48 | 34,56 | 34,71 | 17M |
UnitedHealth Group | UNH | 30,09 | 31,61 | 29,89 | 30,34 | 16.7M |
Coca-Cola | KO | 52,14 | 52,14 | 51,02 | 51,27 | 12M |
Visa | V | 71,05 | 73,40 | 71,05 | 72,13 | 10.5M |
Amgen | AMGN | 54,82 | 55,36 | 54,15 | 54,34 | 10.4M |
Pepsico | PEP | 62,46 | 62,46 | 61,29 | 61,44 | 10.3M |
International Business Machines | IBM | 126,37 | 127,10 | 124,67 | 125,28 | 9.67M |
Boeing | BA | 63,25 | 63,41 | 60,93 | 61,15 | 8.23M |
3M | MMM | 77,29 | 77,29 | 75,80 | 76,10 | 8.15M |
Alphabet | GOOGL | 499,72 | 509,25 | 496,70 | 498,72 | 7.83M |
McDonald's | MCD | 66,82 | 68,09 | 66,52 | 66,70 | 7.56M |
Berkshire Hathaway | BRK.B | 70,91 | 71,25 | 69,78 | 70,19 | 7.39M |
United Technologies | UTX | 66,62 | 66,81 | 64,88 | 65,14 | 6.46M |
Union Pacific | UNP | 71,83 | 71,84 | 69,00 | 69,33 | 6.05M |
Amazon | AMZN | 126,33 | 128,20 | 122,18 | 122,77 | 5.5M |
Exchange Rates of June 04, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 91,880 JPY | 1 JPY = 0,011 USD |
US Dollar | Canadian Dollar | 1 USD = 1,063 CAD | 1 CAD = 0,941 USD |
US Dollar | Swiss Franc | 1 USD = 1,163 CHF | 1 CHF = 0,860 USD |
US Dollar | Chinese Yuan | 1 USD = 6,830 CNY | 1 CNY = 0,146 USD |
Euro | Japanese Yen | 1 EUR = 109,950 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,828 GBP | 1 GBP = 1,208 EUR |
Euro | Australian Dollar | 1 EUR = 1,451 AUD | 1 AUD = 0,689 EUR |
Euro | Canadian Dollar | 1 EUR = 1,272 CAD | 1 CAD = 0,786 EUR |
Euro | Swiss Franc | 1 EUR = 1,391 CHF | 1 CHF = 0,719 EUR |
Euro | Chinese Yuan | 1 EUR = 8,162 CNY | 1 CNY = 0,123 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,753 GBP | 1 GBP = 1,329 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,321 AUD | 1 AUD = 0,757 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,156 CAD | 1 CAD = 0,865 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,265 CHF | 1 CHF = 0,790 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,755 AUD | 1 AUD = 0,570 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,536 CAD | 1 CAD = 0,651 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,680 CHF | 1 CHF = 0,595 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9,860 CNY | 1 CNY = 0,101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,875 CAD | 1 CAD = 1,143 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,956 CHF | 1 CHF = 1,046 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5,623 CNY | 1 CNY = 0,178 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,093 CHF | 1 CHF = 0,915 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,426 CNY | 1 CNY = 0,156 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5,875 CNY | 1 CNY = 0,170 CHF |
See what else happened on June 04, 2010