Financial news on June 06, 2008
Business and Financial news
The default rate is rising even among homeowners with good credit who do not hold risky subprime loans. Read more..
With fuel prices almost double what they were a year ago, airlines have switched strategies from expansion to downsizing. Read more..
Accounts differ on the timeline of events that led Jane Friedman, the chief executive of HarperCollins Publishers Worldwide, to unexpectedly announce her resignation on Wednesday. Read more..
The European Commission threatened to take Germany to court for failing to revoke a law shielding Volkswagen from a hostile takeover. Read more..
Henry T. Nicholas III faces fraud, conspiracy and drug charges. He is also accused of running a stock options backdating scheme. Read more..
Verizon Wireless announced it would buy Alltell to create the largest cellphone operator in the United States, while in Europe, a bid was made to create the world’s fourth-largest mobile operator. Read more..
Take-Two Interactive Software, publisher of the Grand Theft Auto video game franchise, recorded sales of $540 million for its second quarter. Read more..
Creative financing led to a string of foreclosures for a Florida couple who had turned speculators. Read more..
The deal catapults Verizon’s wireless business ahead of AT&T Wireless, which falls to No. 2, followed by Sprint Nextel and Deutsche Telecom’s T-Mobile. Read more..
Zagat Survey ended its search for a buyer, saying it would seek to “grow organically” instead. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Pfizer | PFE | 18,55 | 18,60 | 17,95 | 17,96 | 95.8M |
Microsoft | MSFT | 27,98 | 28,17 | 27,49 | 27,49 | 78.5M |
Intel | INTC | 23,66 | 23,70 | 22,90 | 22,90 | 69.9M |
General Electric | GE | 30,86 | 30,86 | 30,00 | 30,02 | 69.5M |
Cisco Systems | CSCO | 27,32 | 27,45 | 26,50 | 26,54 | 68.9M |
Wells Fargo & Co. | WFC | 26,80 | 26,82 | 25,32 | 25,42 | 57.7M |
Oracle Corp. | ORCL | 22,99 | 23,06 | 22,46 | 22,46 | 41.3M |
JPMorgan Chase | JPM | 41,79 | 41,79 | 39,95 | 40,09 | 39.9M |
Apple | AAPL | 188,00 | 189,95 | 185,55 | 185,64 | 34.5M |
ExxonMobil | XOM | 89,79 | 90,50 | 86,67 | 86,79 | 34.3M |
AT&T Inc. | T | 39,06 | 39,33 | 38,13 | 38,21 | 27M |
ConocoPhillips | COP | 94,10 | 95,74 | 92,05 | 92,17 | 27M |
Wal-Mart Stores | WMT | 59,33 | 59,57 | 58,33 | 58,37 | 23.5M |
Merck | MRK | 38,59 | 38,66 | 37,43 | 37,49 | 22M |
Comcast | CMCSA | 22,51 | 22,64 | 21,94 | 21,94 | 21.6M |
Verizon Communications | VZ | 38,71 | 38,89 | 38,00 | 38,23 | 20M |
Home Depot | HD | 27,45 | 27,69 | 27,10 | 27,18 | 19.4M |
Chevron | CVX | 100,61 | 102,15 | 98,36 | 99,50 | 18.6M |
Altria | MO | 22,10 | 22,31 | 21,52 | 21,53 | 16.9M |
HP Inc. | HPQ | 48,09 | 48,45 | 47,50 | 47,63 | 16.8M |
Walt Disney & Co. | DIS | 34,14 | 34,30 | 32,97 | 33,01 | 16.6M |
Procter & Gamble | PG | 66,35 | 66,38 | 65,26 | 65,37 | 16.4M |
Johnson & Johnson | JNJ | 66,58 | 66,76 | 65,68 | 65,76 | 14.3M |
Schlumberger | SLB | 105,67 | 108,58 | 101,84 | 101,94 | 13.1M |
Boeing | BA | 76,54 | 76,57 | 73,00 | 73,16 | 12.8M |
Coca-Cola | KO | 56,84 | 57,11 | 55,74 | 55,80 | 12.5M |
Bristol-Myers Squibb | BMY | 21,53 | 21,53 | 20,86 | 20,88 | 12.4M |
UnitedHealth Group | UNH | 33,72 | 33,89 | 32,99 | 33,03 | 12.4M |
Abbott Laboratories | ABT | 55,58 | 55,63 | 54,70 | 54,76 | 12.4M |
United Technologies | UTX | 69,43 | 69,43 | 66,93 | 67,01 | 11.8M |
Visa | V | 85,90 | 85,99 | 83,55 | 83,65 | 10.4M |
Pepsico | PEP | 66,87 | 67,04 | 65,45 | 65,52 | 9.73M |
Alphabet | GOOGL | 579,89 | 580,72 | 567,00 | 567,00 | 9.46M |
International Business Machines | IBM | 127,60 | 128,14 | 124,74 | 124,94 | 7.89M |
Amazon | AMZN | 83,19 | 83,64 | 80,56 | 80,63 | 7.84M |
Amgen | AMGN | 44,78 | 45,08 | 44,21 | 44,24 | 7.83M |
McDonald's | MCD | 57,68 | 57,82 | 56,84 | 56,95 | 7.37M |
Gilead Sciences | GILD | 56,33 | 56,62 | 54,75 | 54,76 | 6.72M |
3M | MMM | 76,73 | 77,02 | 74,85 | 74,86 | 5.98M |
Union Pacific | UNP | 81,18 | 81,18 | 77,90 | 77,95 | 5.88M |
Berkshire Hathaway | BRK.B | 4330,00 | 4342,00 | 4280,00 | 4286,00 | 15.5K |
Exchange Rates of June 06, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 104,910 JPY | 1 JPY = 0,010 USD |
US Dollar | Canadian Dollar | 1 USD = 1,019 CAD | 1 CAD = 0,981 USD |
US Dollar | Swiss Franc | 1 USD = 1,018 CHF | 1 CHF = 0,982 USD |
US Dollar | Chinese Yuan | 1 USD = 6,923 CNY | 1 CNY = 0,144 USD |
Euro | Japanese Yen | 1 EUR = 165,530 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,800 GBP | 1 GBP = 1,249 EUR |
Euro | Australian Dollar | 1 EUR = 1,639 AUD | 1 AUD = 0,610 EUR |
Euro | Canadian Dollar | 1 EUR = 1,608 CAD | 1 CAD = 0,622 EUR |
Euro | Swiss Franc | 1 EUR = 1,607 CHF | 1 CHF = 0,622 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,483 GBP | 1 GBP = 2,069 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 0,990 AUD | 1 AUD = 1,011 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,971 CAD | 1 CAD = 1,030 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0,971 CHF | 1 CHF = 1,030 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,047 AUD | 1 AUD = 0,488 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2,009 CAD | 1 CAD = 0,498 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,007 CHF | 1 CHF = 0,498 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,981 CAD | 1 CAD = 1,020 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,980 CHF | 1 CHF = 1,020 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,999 CHF | 1 CHF = 1,001 CAD |
See what else happened on June 06, 2008