Financial news on June 10, 2010

Business and Financial news
Beyond Flat Panels: A New Generation of TV Sets

The flat-screen TV was a stunning advance, but now there are new features to consider, like 3-D and LED-lit liquid-crystal displays. Read more..

By SAM GROBART - The New York Times

British Resist Push for BP to Halt Dividends

Business leaders urged the British government to defend BP against political pressure from Washington, where lawmakers have called on the oil company to suspend its dividend. Read more..

By DEALBOOK - The New York Times

China Watchdog Approves Agricultural Bank I.P.O.

China’s stock regulator has approved Agricultural Bank of China’s plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion that may be the world’s biggest ever, despite current market doldrums. Read more..

By DEALBOOK - The New York Times

Following World Cup, Phone in Hand

Better phones and more services and apps will give fans more options for following the tournament. Read more..

By BOB TEDESCHI - The New York Times

For Travelers, Never a Shortage of Handy Gadgets

Tourists can turn laptops into remote receivers for home TVs, or use futuristic goggles with a video display equivalent to an 80-inch screen. Read more..

By CHRISTINE NEGRONI - The New York Times

Morgan Stanley Hires U.S. Equity Strategist

Morgan Stanley has hired Adam Parker from Sanford C. Bernstein as its United States equity strategist Read more..

By DEALBOOK - The New York Times

Oil Prices Yawn at the Big Spill

Since the spill in the Gulf of Mexico, oil prices have not risen sharply. That is a reminder that Americans rely much more heavily on foreign sources. Read more..

By CHRISTOPHER SWANN and JEFFREY GOLDFARB - The New York Times

Providence Receives 7 Bids for Bresnan

Providence Equity Partners, the private equity firm that has reportedly put Bresnan Communications on the block, has received seven bids of more than $1 billion for the broadband provider, Reuters reported. Read more..

By DEALBOOK - The New York Times

S.E.C. Said to Investigate 2nd Goldman C.D.O.

The Securities and Exchange Commission is ramping up an investigation into a second complex mortgage deal by Goldman Sachs, The Financial Times reported, citing people close to the matter. Read more..

By DEALBOOK - The New York Times

When to Buy Your Child a Cellphone

A study found that 75 percent of 12- to 17-year-olds in the United States owned a mobile phone. Parents say they generally buy their child a phone for safety reasons. Read more..

By STEFANIE OLSEN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO23.0023.1022.5122.7798.9M
MicrosoftMSFT25.1325.1524.7825.0078.9M
General ElectricGE15.5915.8715.5215.6878.6M
PfizerPFE14.6515.1114.6514.9160.2M
IntelINTC20.3520.6020.2520.5557.2M
JPMorgan ChaseJPM37.6838.3737.4138.2944.3M
Wells Fargo & Co.WFC27.5228.2427.4028.1341.6M
AltriaMO20.3020.4620.2520.3233.5M
AT&T Inc.T25.2025.5225.1825.4433.1M
ExxonMobilXOM61.5062.0061.1661.8933M
AppleAAPL244.84250.98242.20250.5127.7M
Oracle Corp.ORCL21.8822.2421.7322.2125M
ComcastCMCSA17.7118.0917.5818.0721.6M
Abbott LaboratoriesABT46.3847.4746.3447.2019.1M
ConocoPhillipsCOP52.0753.5951.7653.3719M
MerckMRK34.1434.7833.9934.6518.7M
Verizon CommunicationsVZ28.0728.4228.0528.3417.8M
Johnson & JohnsonJNJ58.7259.1358.3558.5017M
SchlumbergerSLB57.7959.3557.3559.1716.9M
Bristol-Myers SquibbBMY24.3424.6824.2524.6416.7M
HP Inc.HPQ46.0246.6245.9246.5015.9M
Wal-Mart StoresWMT51.2151.6851.0651.2215.9M
Home DepotHD32.2432.7632.0932.7215.3M
Procter & GamblePG61.9762.2961.6761.9114.8M
ChevronCVX72.8774.1772.6974.1713.9M
Walt Disney & Co.DIS33.5334.2333.4534.1113.7M
Gilead SciencesGILD33.1533.9033.0833.7213.2M
UnitedHealth GroupUNH30.9231.1230.2230.7011.8M
Coca-ColaKO51.8652.5051.8652.459.4M
VisaV75.6377.4975.0077.459.1M
International Business MachinesIBM125.99128.22125.80127.687.48M
McDonald'sMCD68.9869.4168.7169.376.74M
PepsicoPEP63.0363.9063.0363.846.57M
3MMMM75.7877.5975.6277.436.2M
AmgenAMGN53.6154.2953.2854.016.2M
Berkshire HathawayBRK.B72.3174.2072.3074.106.17M
AmazonAMZN120.00123.50119.20123.216.06M
United TechnologiesUTX64.5365.6263.8665.495.87M
BoeingBA62.8164.0162.3063.895.68M
AlphabetGOOGL480.37488.50475.84487.015.15M
Union PacificUNP70.5472.8070.5472.693.54M
Exchange Rates of June 10, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 91.390 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.031 CAD1 CAD = 0.970 USD
US DollarSwiss Franc1 USD = 1.143 CHF1 CHF = 0.875 USD
US DollarChinese Yuan1 USD = 6.832 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 110.640 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.824 GBP1 GBP = 1.214 EUR
EuroAustralian Dollar1 EUR = 1.426 AUD1 AUD = 0.701 EUR
EuroCanadian Dollar1 EUR = 1.248 CAD1 CAD = 0.801 EUR
EuroSwiss Franc1 EUR = 1.384 CHF1 CHF = 0.722 EUR
EuroChinese Yuan1 EUR = 8.274 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.744 GBP1 GBP = 1.344 JPY
Japanese YenAustralian Dollar1 JPY = 1.289 AUD1 AUD = 0.776 JPY
Japanese YenCanadian Dollar1 JPY = 1.128 CAD1 CAD = 0.887 JPY
Japanese YenSwiss Franc1 JPY = 1.251 CHF1 CHF = 0.799 JPY
Pound SterlingAustralian Dollar1 GBP = 1.731 AUD1 AUD = 0.578 GBP
Pound SterlingCanadian Dollar1 GBP = 1.515 CAD1 CAD = 0.660 GBP
Pound SterlingSwiss Franc1 GBP = 1.680 CHF1 CHF = 0.595 GBP
Pound SterlingChinese Yuan1 GBP = 10.031 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 0.875 CAD1 CAD = 1.143 AUD
Australian DollarSwiss Franc1 AUD = 0.970 CHF1 CHF = 1.031 AUD
Australian DollarChinese Yuan1 AUD = 5.796 CNY1 CNY = 0.173 AUD
Canadian DollarSwiss Franc1 CAD = 1.109 CHF1 CHF = 0.902 CAD
Canadian DollarChinese Yuan1 CAD = 6.625 CNY1 CNY = 0.151 CAD
Swiss FrancChinese Yuan1 CHF = 5.975 CNY1 CNY = 0.167 CHF

See what else happened on June 10, 2010