Financial news on June 09, 2009

Business and Financial news
Airlines Predict $9 Billion Global Loss

The chief of the International Air Transport Association said the airlines’ future “depends on a drastic reshaping by partners, governments and industry.” Read more..

By BETTINA WASSENER - The New York Times

Bain Capital May Buy Stake in a Major Chinese Retailer

The deal could help stabilize a Chinese consumer electronics giant that was recently rocked by scandal. Read more..

By DAVID BARBOZA - The New York Times

Biotech Firm Ends Its Offer for Talecris

CSL said it ended its proposed $3.1 billion acquisition of the Talecris Biotherapeutics Holdings Corporation after the deal was blocked by the Federal Trade Commission. Read more..

By BLOOMBERG NEWS - The New York Times

Chairman to Step Down From an Auditing Board

The new chairman of the Public Company Accounting Oversight Board will face conflicts with European regulators and a suit challenging the board’s existence. Read more..

By FLOYD NORRIS - The New York Times

Frank Words to Workers About a Carrier’s Future

A British Airways executive has been honest with his workers about what he sees as a protracted, and possibly permanent, change in global airline fortunes. Read more..

By JOE SHARKEY - The New York Times

Hedge Funds Rebound, Gaining 5% in a Month

After huge losses last year, hedge funds climbed an average of 5.2 percent in May for one of their best months ever. Read more..

By ZACHERY KOUWE - The New York Times

High Gas Prices Could Slow Recovery

The national jump in prices is far larger than the normal seasonal increase and threatens to curtail a modest recovery in consumer spending on items like apparel and electronics. Read more..

By CLIFFORD KRAUSS - The New York Times

In Ads, Banks Try the Warm, Cozy Approach

Financial institutions are burnishing their images for public opinion and to try to influence lawmakers. Read more..

By LOUISE STORY - The New York Times

Questions About a Desert Village

Investors in an “eco-village” of lakes, pools and 2,500 villas in Abu Dhabi have started a campaign to force the developer to push ahead with the project. Read more..

By LANDON THOMAS Jr - The New York Times

What Do Customers Really Want? Here’s How to Find Out

In this economy, entrepreneurs need to know what their customers are thinking. One tip: Go out and ask them. Read more..

By PAUL B. BROWN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 25,50 25,69 25,12 25,66 70.5M
Intel INTC 16,21 16,61 16,13 16,42 64.1M
JPMorgan Chase JPM 35,72 35,78 35,09 35,26 59M
General Electric GE 13,56 13,69 13,40 13,57 54.4M
Microsoft MSFT 22,06 22,32 21,88 22,08 50.9M
Cisco Systems CSCO 19,95 20,20 19,68 20,08 49.8M
Pfizer PFE 14,37 14,43 14,10 14,13 42.6M
AT&T Inc. T 24,44 24,58 24,12 24,21 30.4M
Apple AAPL 143,81 144,56 140,55 142,72 24.2M
Oracle Corp. ORCL 20,95 21,20 20,83 20,99 23.8M
ExxonMobil XOM 73,56 73,82 72,37 73,12 21.9M
Altria MO 17,31 17,40 17,16 17,35 20.3M
Bristol-Myers Squibb BMY 19,71 19,89 19,34 19,45 17.5M
Comcast CMCSA 14,38 14,56 14,16 14,40 17.2M
ConocoPhillips COP 45,52 45,97 44,91 45,55 16.9M
HP Inc. HPQ 37,41 37,48 36,65 36,84 15.5M
Wal-Mart Stores WMT 50,86 51,16 50,50 50,61 14.4M
Verizon Communications VZ 29,40 29,57 29,00 29,42 14.2M
Home Depot HD 24,34 24,59 24,08 24,35 13M
UnitedHealth Group UNH 26,38 26,47 25,36 25,98 12.2M
Merck MRK 25,93 26,13 25,54 25,72 11.7M
Procter & Gamble PG 52,84 52,90 52,25 52,41 11.6M
Johnson & Johnson JNJ 56,03 56,25 55,65 55,70 11.2M
Coca-Cola KO 49,51 49,60 48,86 49,09 10.2M
Chevron CVX 70,06 70,62 69,49 70,19 10M
Abbott Laboratories ABT 44,92 44,95 44,35 44,35 9.98M
Schlumberger SLB 58,07 59,39 57,71 58,85 9.07M
International Business Machines IBM 108,15 109,14 107,99 108,14 8.59M
Walt Disney & Co. DIS 25,18 25,49 25,08 25,33 8.53M
Pepsico PEP 54,21 54,34 53,21 53,48 8.07M
McDonald's MCD 59,02 59,55 58,75 59,08 7.95M
Boeing BA 53,39 53,39 51,31 52,35 7.72M
Alphabet GOOGL 438,58 440,50 431,76 435,62 6.5M
Gilead Sciences GILD 44,40 44,78 44,25 44,58 6.03M
United Technologies UTX 56,57 56,65 55,09 55,52 5.88M
Visa V 70,07 70,37 68,47 68,63 5.44M
Amgen AMGN 51,28 51,30 50,41 50,75 5.27M
Amazon AMZN 86,93 87,67 86,17 87,08 4.48M
3M MMM 60,60 60,60 59,75 60,34 4.39M
Union Pacific UNP 53,90 55,45 53,49 53,92 3.92M
Berkshire Hathaway BRK.B 2945,00 2992,00 2917,00 2978,00 27.4K
Exchange Rates of June 09, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 97,390 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,104 CAD 1 CAD = 0,906 USD
US Dollar Swiss Franc 1 USD = 1,077 CHF 1 CHF = 0,928 USD
US Dollar Chinese Yuan 1 USD = 6,836 CNY 1 CNY = 0,146 USD
Euro Japanese Yen 1 EUR = 137,080 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,862 GBP 1 GBP = 1,160 EUR
Euro Australian Dollar 1 EUR = 1,756 AUD 1 AUD = 0,570 EUR
Euro Canadian Dollar 1 EUR = 1,554 CAD 1 CAD = 0,644 EUR
Euro Swiss Franc 1 EUR = 1,516 CHF 1 CHF = 0,659 EUR
Euro Chinese Yuan 1 EUR = 9,616 CNY 1 CNY = 0,104 EUR
Japanese Yen Pound Sterling 1 JPY = 0,629 GBP 1 GBP = 1,590 JPY
Japanese Yen Australian Dollar 1 JPY = 1,280 AUD 1 AUD = 0,781 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,133 CAD 1 CAD = 0,883 JPY
Japanese Yen Swiss Franc 1 JPY = 1,106 CHF 1 CHF = 0,904 JPY
Pound Sterling Australian Dollar 1 GBP = 2,036 AUD 1 AUD = 0,491 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,801 CAD 1 CAD = 0,555 GBP
Pound Sterling Swiss Franc 1 GBP = 1,758 CHF 1 CHF = 0,569 GBP
Pound Sterling Chinese Yuan 1 GBP = 11,141 CNY 1 CNY = 0,090 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,884 CAD 1 CAD = 1,131 AUD
Australian Dollar Swiss Franc 1 AUD = 0,863 CHF 1 CHF = 1,158 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,475 CNY 1 CNY = 0,183 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,976 CHF 1 CHF = 1,025 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,193 CNY 1 CNY = 0,161 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,339 CNY 1 CNY = 0,158 CHF

See what else happened on June 09, 2009