Financial news on June 08, 2009

Business and Financial news
Accounts, People & Miscellany

Accounts. Read more..

By STUART ELLIOTT - The New York Times

A Swaps Disaster That Wasn’t One

G.M.’s fall into bankruptcy isn’t the nightmare scenario for derivatives that some expected. Read more..

By RICHARD BEALES and LAUREN SILVA LAUGHLIN - The New York Times

Bank of America Ad on Mortgages

In a television ad, Bank of America trumpets its efforts to help borrowers. Credit: Competitrack.com. Read more..

jen jenkins - The New York Times

Banks Reduce Credit Card Mailings

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..

By ALEX MINDLIN - The New York Times

Downturn in Asia Turns the Tables on Airlines

Are Asian airlines in crisis? Depends on who’s talking. And where. Read more..

By BETTINA WASSENER - International Herald Tribune

Peter L. Bernstein, Explainer of Risks of Stocks, Dies at 90

Mr. Bernstein embraced and spread efficient market theory, an alternative to stock-picking. He changed the way Americans invest. Read more..

By LOUIS UCHITELLE - The New York Times

Supreme Court Delays Sale of Chrysler to Fiat

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..

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

Victims of Madoff Seek Claims Overhaul

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..

By DIANA B. HENRIQUES - The New York Times

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 08, 2009
CurrenciesExchange 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 08, 2009