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

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 23.00 23.10 22.51 22.77 98.9M
Microsoft MSFT 25.13 25.15 24.78 25.00 78.9M
General Electric GE 15.59 15.87 15.52 15.68 78.6M
Pfizer PFE 14.65 15.11 14.65 14.91 60.2M
Intel INTC 20.35 20.60 20.25 20.55 57.2M
JPMorgan Chase JPM 37.68 38.37 37.41 38.29 44.3M
Wells Fargo & Co. WFC 27.52 28.24 27.40 28.13 41.6M
Altria MO 20.30 20.46 20.25 20.32 33.5M
AT&T Inc. T 25.20 25.52 25.18 25.44 33.1M
ExxonMobil XOM 61.50 62.00 61.16 61.89 33M
Apple AAPL 244.84 250.98 242.20 250.51 27.7M
Oracle Corp. ORCL 21.88 22.24 21.73 22.21 25M
Comcast CMCSA 17.71 18.09 17.58 18.07 21.6M
Abbott Laboratories ABT 46.38 47.47 46.34 47.20 19.1M
ConocoPhillips COP 52.07 53.59 51.76 53.37 19M
Merck MRK 34.14 34.78 33.99 34.65 18.7M
Verizon Communications VZ 28.07 28.42 28.05 28.34 17.8M
Johnson & Johnson JNJ 58.72 59.13 58.35 58.50 17M
Schlumberger SLB 57.79 59.35 57.35 59.17 16.9M
Bristol-Myers Squibb BMY 24.34 24.68 24.25 24.64 16.7M
HP Inc. HPQ 46.02 46.62 45.92 46.50 15.9M
Wal-Mart Stores WMT 51.21 51.68 51.06 51.22 15.9M
Home Depot HD 32.24 32.76 32.09 32.72 15.3M
Procter & Gamble PG 61.97 62.29 61.67 61.91 14.8M
Chevron CVX 72.87 74.17 72.69 74.17 13.9M
Walt Disney & Co. DIS 33.53 34.23 33.45 34.11 13.7M
Gilead Sciences GILD 33.15 33.90 33.08 33.72 13.2M
UnitedHealth Group UNH 30.92 31.12 30.22 30.70 11.8M
Coca-Cola KO 51.86 52.50 51.86 52.45 9.4M
Visa V 75.63 77.49 75.00 77.45 9.1M
International Business Machines IBM 125.99 128.22 125.80 127.68 7.48M
McDonald's MCD 68.98 69.41 68.71 69.37 6.74M
Pepsico PEP 63.03 63.90 63.03 63.84 6.57M
3M MMM 75.78 77.59 75.62 77.43 6.2M
Amgen AMGN 53.61 54.29 53.28 54.01 6.2M
Berkshire Hathaway BRK.B 72.31 74.20 72.30 74.10 6.17M
Amazon AMZN 120.00 123.50 119.20 123.21 6.06M
United Technologies UTX 64.53 65.62 63.86 65.49 5.87M
Boeing BA 62.81 64.01 62.30 63.89 5.68M
Alphabet GOOGL 480.37 488.50 475.84 487.01 5.15M
Union Pacific UNP 70.54 72.80 70.54 72.69 3.54M
Exchange Rates of June 10, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 91.390 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.031 CAD 1 CAD = 0.970 USD
US Dollar Swiss Franc 1 USD = 1.143 CHF 1 CHF = 0.875 USD
US Dollar Chinese Yuan 1 USD = 6.832 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 110.640 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.824 GBP 1 GBP = 1.214 EUR
Euro Australian Dollar 1 EUR = 1.426 AUD 1 AUD = 0.701 EUR
Euro Canadian Dollar 1 EUR = 1.248 CAD 1 CAD = 0.801 EUR
Euro Swiss Franc 1 EUR = 1.384 CHF 1 CHF = 0.722 EUR
Euro Chinese Yuan 1 EUR = 8.274 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.744 GBP 1 GBP = 1.344 JPY
Japanese Yen Australian Dollar 1 JPY = 1.289 AUD 1 AUD = 0.776 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.128 CAD 1 CAD = 0.887 JPY
Japanese Yen Swiss Franc 1 JPY = 1.251 CHF 1 CHF = 0.799 JPY
Pound Sterling Australian Dollar 1 GBP = 1.731 AUD 1 AUD = 0.578 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.515 CAD 1 CAD = 0.660 GBP
Pound Sterling Swiss Franc 1 GBP = 1.680 CHF 1 CHF = 0.595 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.031 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.875 CAD 1 CAD = 1.143 AUD
Australian Dollar Swiss Franc 1 AUD = 0.970 CHF 1 CHF = 1.031 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.796 CNY 1 CNY = 0.173 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.109 CHF 1 CHF = 0.902 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.625 CNY 1 CNY = 0.151 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.975 CNY 1 CNY = 0.167 CHF

See what else happened on June 10, 2010