Financial news on June 07, 2012

Business and Financial news
A Problem of Distribution

India holds the second-largest stockpile of surplus grain in the world, after China. Yet advocates say that more than 252 million poor Indian residents reap few benefits and often go hungry. Read more..

Karishma Vyas and Vikas Bajaj - The New York Times

Business Day Live | June 7, 2012

Nasdaq tries to quell anger over bungled Facebook I.P.O. | I.B.M. makes deal with New York City to increase solar energy usage. | Cutting pensions in California. Read more..

Nadia Sussman, Pedro Rosado, Channon Hodge and Mac William Bishop - The New York Times

Business Day Live | Nasdaq Settlement

June 7, 2012 — Nasdaq tries to quell anger over bungled Facebook I.P.O. Read more..

Mac William Bishop, Nadia Sussman, Pedro Rosado and Channon Hodge - The New York Times

China Cuts Lending Rate as Its Economic Growth Slows

The central bank’s action is the strongest measure taken by Chinese officials this year to counteract the economic malaise that has already infected Europe and the United States. Read more..

By KEITH BRADSHER - The New York Times

Deep River Cleanup

The business strategist Carol Roth evaluates an illustrative pitch for a technology start-up. Read more..

None None - The New York Times

DNA Blueprint for Fetus Built Using Tests of Parents

Researchers put together most of a fetus’s genome using a mother’s blood and father’s saliva, heralding an era when parents might know much more about a child long before its birth. Read more..

By ANDREW POLLACK - The New York Times

Fed Survey Shows Economy Growing Modestly

Survey of regional economic conditions in Federal Reserve's 12 districts finds the economy grew moderately in most regions of the country from April 3 through May 25. Read more..

By THE ASSOCIATED PRESS - The New York Times

Halliburton Warns of Lower Profit Margins

The oilfield services company attributed the decline to a shortage of guar beans from India, which are used in hydraulic fracturing fluids by drillers. Read more..

By REUTERS - The New York Times

Some Final Thoughts on a Booming Industry

Bob Tedeschi App Smart column offers suggestions on how to improve the chaotic app-buying process. Read more..

By BOB TEDESCHI - The New York Times

The Technology in Our Lives, and How to Make It Work Better

Sam Grobart Tool Kit column contends that although technology is supposed to make life easier, it often comes with layers of jargon, settings and hardware adjustments; presents answers to some tech questions. Read more..

By SAM GROBART - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 19.09 19.20 18.90 19.00 139M
JPMorgan Chase JPM 33.77 33.83 32.80 32.81 53.9M
Merck MRK 38.07 38.47 38.01 38.33 53.4M
Altria MO 32.80 32.90 32.54 32.75 45.3M
AT&T Inc. T 34.72 34.74 34.16 34.16 42.4M
Microsoft MSFT 29.64 29.70 29.17 29.23 37.8M
Cisco Systems CSCO 16.88 16.92 16.53 16.58 34.3M
Oracle Corp. ORCL 27.75 27.76 27.18 27.18 32.9M
Intel INTC 26.37 26.43 25.89 25.94 29.5M
Wells Fargo & Co. WFC 31.45 31.58 31.14 31.18 28.9M
Pfizer PFE 21.96 22.15 21.90 21.94 27.8M
Facebook FB 27.00 27.35 26.15 26.31 26.2M
Home Depot HD 51.12 51.62 50.91 51.24 20.7M
ExxonMobil XOM 80.98 81.23 80.35 80.69 18.4M
Verizon Communications VZ 41.80 41.88 41.30 41.64 17.1M
Comcast CMCSA 30.10 30.29 29.91 30.01 16.9M
Abbott Laboratories ABT 61.36 61.58 61.03 61.20 16.4M
Bristol-Myers Squibb BMY 34.17 34.31 34.10 34.25 15.4M
HP Inc. HPQ 22.50 22.75 22.01 22.06 14.3M
ConocoPhillips COP 54.24 54.59 53.75 53.81 14.2M
Procter & Gamble PG 62.08 62.84 61.72 62.76 13.9M
Apple AAPL 577.29 577.32 570.50 571.72 13.6M
Johnson & Johnson JNJ 63.18 63.20 62.51 62.80 13M
Wal-Mart Stores WMT 66.08 66.08 65.78 65.87 12.5M
Walt Disney & Co. DIS 45.84 46.23 45.53 45.63 10.2M
McDonald's MCD 89.60 89.78 88.01 88.38 8.32M
Schlumberger SLB 65.77 66.50 64.10 64.43 8.17M
Chevron CVX 100.98 102.00 100.18 100.39 7.97M
UnitedHealth Group UNH 57.80 58.39 57.40 57.45 7.25M
Coca-Cola KO 74.99 75.06 74.20 74.28 7.17M
Pepsico PEP 67.80 67.98 67.19 67.68 6.39M
General Motors GM 22.11 22.38 21.76 21.85 5.95M
United Technologies UTX 74.93 76.09 74.69 75.40 5.74M
Berkshire Hathaway BRK.B 80.89 81.25 80.38 80.66 4.6M
Amgen AMGN 70.48 70.87 69.10 69.10 4.46M
Boeing BA 69.57 70.33 69.43 69.95 4M
International Business Machines IBM 195.28 195.83 193.94 194.44 3.7M
Gilead Sciences GILD 49.75 49.89 49.00 49.00 3.55M
Alphabet GOOGL 587.60 587.89 577.25 578.23 3.51M
Amazon AMZN 219.65 221.49 218.11 218.80 3.5M
3M MMM 85.59 86.19 85.33 85.50 3.03M
Union Pacific UNP 112.18 113.00 110.04 110.28 2.47M
Visa V 117.83 118.00 116.55 116.81 2.29M
Exchange Rates of June 07, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 79.640 JPY 1 JPY = 0.013 USD
US Dollar Canadian Dollar 1 USD = 1.028 CAD 1 CAD = 0.973 USD
US Dollar Swiss Franc 1 USD = 0.956 CHF 1 CHF = 1.046 USD
US Dollar Chinese Yuan 1 USD = 6.364 CNY 1 CNY = 0.157 USD
Euro Japanese Yen 1 EUR = 100.070 JPY 1 JPY = 0.010 EUR
Euro Pound Sterling 1 EUR = 0.809 GBP 1 GBP = 1.237 EUR
Euro Australian Dollar 1 EUR = 1.270 AUD 1 AUD = 0.788 EUR
Euro Canadian Dollar 1 EUR = 1.291 CAD 1 CAD = 0.775 EUR
Euro Swiss Franc 1 EUR = 1.201 CHF 1 CHF = 0.833 EUR
Euro Chinese Yuan 1 EUR = 8.000 CNY 1 CNY = 0.125 EUR
Japanese Yen Pound Sterling 1 JPY = 0.808 GBP 1 GBP = 1.238 JPY
Japanese Yen Australian Dollar 1 JPY = 1.268 AUD 1 AUD = 0.789 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.290 CAD 1 CAD = 0.775 JPY
Japanese Yen Swiss Franc 1 JPY = 1.200 CHF 1 CHF = 0.833 JPY
Pound Sterling Australian Dollar 1 GBP = 1.570 AUD 1 AUD = 0.637 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.596 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.485 CHF 1 CHF = 0.673 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.889 CNY 1 CNY = 0.101 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.017 CAD 1 CAD = 0.983 AUD
Australian Dollar Swiss Franc 1 AUD = 0.945 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.298 CNY 1 CNY = 0.159 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.930 CHF 1 CHF = 1.076 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.195 CNY 1 CNY = 0.161 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.660 CNY 1 CNY = 0.150 CHF

See what else happened on June 07, 2012