Financial news on June 8th, 2009
Business and Financial news
Accounts. Read more..
G.M.’s fall into bankruptcy isn’t the nightmare scenario for derivatives that some expected. Read more..
In a television ad, Bank of America trumpets its efforts to help borrowers. Credit: Competitrack.com. Read more..
Banks sent out only about 500 million credit card solicitations in the first quarter, half as many as in the last three months of 2008. Read more..
Are Asian airlines in crisis? Depends on who’s talking. And where. Read more..
Mr. Bernstein embraced and spread efficient market theory, an alternative to stock-picking. He changed the way Americans invest. Read more..
If the U.S. Supreme Court decides to hear an appeal that lasts weeks or months, it could put Chrysler at risk of going out of business. Read more..
Customers say that they should be given credit for the full value of the securities shown on the last account statements they received before their investor’s arrest. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Wells Fargo & Co. | WFC | 24.60 | 25.60 | 24.50 | 25.39 | 65.7M |
| JPMorgan Chase | JPM | 34.55 | 35.73 | 34.55 | 35.39 | 61.6M |
| General Electric | GE | 13.50 | 13.69 | 13.34 | 13.56 | 58.5M |
| Microsoft | MSFT | 21.98 | 22.32 | 21.63 | 22.05 | 49M |
| Pfizer | PFE | 14.40 | 14.49 | 14.12 | 14.31 | 47.9M |
| Intel | INTC | 15.86 | 16.10 | 15.61 | 15.92 | 44.1M |
| Cisco Systems | CSCO | 19.74 | 20.06 | 19.53 | 19.87 | 42.9M |
| Oracle Corp. | ORCL | 20.60 | 21.07 | 20.53 | 20.87 | 34.9M |
| Apple | AAPL | 143.82 | 144.23 | 139.43 | 143.85 | 33.3M |
| AT&T Inc. | T | 24.22 | 24.57 | 24.03 | 24.40 | 29.6M |
| ExxonMobil | XOM | 72.48 | 73.69 | 72.00 | 73.17 | 23.3M |
| Altria | MO | 17.00 | 17.43 | 16.90 | 17.21 | 21.3M |
| Wal-Mart Stores | WMT | 50.99 | 51.06 | 50.40 | 50.81 | 19M |
| ConocoPhillips | COP | 44.76 | 45.30 | 44.22 | 45.02 | 17.7M |
| Merck | MRK | 25.86 | 26.18 | 25.48 | 25.93 | 17.7M |
| HP Inc. | HPQ | 36.86 | 37.63 | 36.50 | 37.41 | 17.5M |
| Comcast | CMCSA | 14.02 | 14.56 | 13.83 | 14.35 | 16.3M |
| McDonald's | MCD | 58.58 | 59.18 | 57.75 | 58.72 | 14.8M |
| Home Depot | HD | 24.24 | 24.78 | 24.00 | 24.56 | 13.2M |
| Verizon Communications | VZ | 29.15 | 29.53 | 28.98 | 29.28 | 13.2M |
| Abbott Laboratories | ABT | 44.64 | 45.06 | 44.27 | 44.73 | 12.5M |
| Walt Disney & Co. | DIS | 24.94 | 25.55 | 24.63 | 25.33 | 10.7M |
| Procter & Gamble | PG | 52.93 | 53.58 | 52.59 | 53.14 | 10.7M |
| UnitedHealth Group | UNH | 26.99 | 27.00 | 25.66 | 26.05 | 10.5M |
| Johnson & Johnson | JNJ | 55.72 | 56.14 | 55.16 | 55.63 | 9.89M |
| Chevron | CVX | 69.00 | 69.98 | 68.63 | 69.58 | 9.56M |
| Bristol-Myers Squibb | BMY | 19.85 | 19.93 | 19.55 | 19.76 | 8.83M |
| Schlumberger | SLB | 56.82 | 57.74 | 55.67 | 57.33 | 8.12M |
| Boeing | BA | 52.49 | 53.33 | 51.13 | 52.83 | 7.96M |
| Coca-Cola | KO | 49.23 | 49.63 | 48.81 | 49.38 | 7.92M |
| Pepsico | PEP | 54.68 | 54.99 | 53.55 | 54.15 | 6.85M |
| International Business Machines | IBM | 106.64 | 107.98 | 105.50 | 107.49 | 6.36M |
| Alphabet | GOOGL | 439.50 | 440.92 | 434.12 | 438.77 | 6.19M |
| Gilead Sciences | GILD | 44.07 | 45.09 | 44.07 | 44.49 | 5.73M |
| Amazon | AMZN | 86.75 | 87.18 | 85.11 | 86.36 | 5.6M |
| Amgen | AMGN | 50.42 | 51.47 | 50.27 | 50.92 | 5.37M |
| United Technologies | UTX | 56.25 | 56.97 | 55.28 | 56.49 | 5.25M |
| Visa | V | 68.66 | 70.60 | 68.55 | 69.80 | 5.16M |
| 3M | MMM | 60.97 | 61.05 | 59.07 | 60.69 | 5.14M |
| Union Pacific | UNP | 52.95 | 54.69 | 52.72 | 54.00 | 4.62M |
| Berkshire Hathaway | BRK.B | 2903.00 | 2932.00 | 2898.50 | 2932.00 | 13.5K |
Exchange Rates of June 8th, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 98.470 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.116 CAD | 1 CAD = 0.896 USD |
| US Dollar | Swiss Franc | 1 USD = 1.092 CHF | 1 CHF = 0.916 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.838 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 136.840 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.866 GBP | 1 GBP = 1.155 EUR |
| Euro | Australian Dollar | 1 EUR = 1.760 AUD | 1 AUD = 0.568 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.551 CAD | 1 CAD = 0.645 EUR |
| Euro | Swiss Franc | 1 EUR = 1.517 CHF | 1 CHF = 0.659 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.502 CNY | 1 CNY = 0.105 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.633 GBP | 1 GBP = 1.581 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.286 AUD | 1 AUD = 0.778 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.133 CAD | 1 CAD = 0.883 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.109 CHF | 1 CHF = 0.902 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.032 AUD | 1 AUD = 0.492 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.790 CAD | 1 CAD = 0.559 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.751 CHF | 1 CHF = 0.571 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 10.956 CNY | 1 CNY = 0.091 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.881 CAD | 1 CAD = 1.136 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.862 CHF | 1 CHF = 1.161 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 5.396 CNY | 1 CNY = 0.185 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.978 CHF | 1 CHF = 1.022 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 6.124 CNY | 1 CNY = 0.163 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.263 CNY | 1 CNY = 0.160 CHF |
See what else happened on June 8th, 2009