Financial news on June 11, 2008
Business and Financial news
James S. Tisch, has said that politics had nothing to do with the company’s decision to spin off Lorillard. Read more..
A large number of classic characters for children are being freshened up to try to cater to parents’ nostalgia and children’s YouTube-era sensibilities. Read more..
It appears that broadcasters may have matched the $9.1 billion to $9.2 billion they took in last spring before the start of the 2007-8 season. Read more..
The Shanghai and Shenzhen markets fell after an increase in Chinese bank reserve requirements, increased worries about high food and oil prices, and fears about exports to the United States. Read more..
The European Union’s competition commissioner recommended that businesses and governments use software based on open standards. Read more..
The billionaire financier said that he would increase his stake after stockholders offered to sell him nearly half of the automaker’s outstanding shares. Read more..
The National Transportation Safety Board cited sleepy pilots as a reason that a regional jet slid off a snowy runway in Traverse City, Mich., in April, 2007. Read more..
Japan’s salarymen have borne the brunt of its economic decline, enduring lower wages, job insecurity and long hours of unpaid overtime. Now, a few are fighting back. Read more..
U.S. News & World Report will publish every other week, while continuing to expand the consumer reporting and product rankings it has bet its future on. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 30.38 | 30.45 | 29.80 | 29.83 | 67.1M |
Intel | INTC | 22.53 | 22.64 | 21.79 | 21.81 | 59.8M |
Pfizer | PFE | 17.92 | 17.94 | 17.50 | 17.55 | 59.5M |
Microsoft | MSFT | 27.85 | 27.94 | 27.11 | 27.12 | 59.3M |
Cisco Systems | CSCO | 26.30 | 26.43 | 25.52 | 25.65 | 53.2M |
JPMorgan Chase | JPM | 38.50 | 38.75 | 37.07 | 37.13 | 51M |
Wells Fargo & Co. | WFC | 26.11 | 26.16 | 25.50 | 25.55 | 48M |
AT&T Inc. | T | 37.11 | 37.19 | 35.93 | 36.14 | 35.5M |
Apple | AAPL | 184.34 | 186.00 | 179.59 | 180.81 | 34.3M |
Oracle Corp. | ORCL | 22.50 | 22.78 | 22.05 | 22.07 | 29M |
Merck | MRK | 36.50 | 36.63 | 35.43 | 35.73 | 25.8M |
Comcast | CMCSA | 21.59 | 21.79 | 21.42 | 21.50 | 24.4M |
ExxonMobil | XOM | 88.80 | 89.40 | 87.77 | 88.61 | 24.1M |
Wal-Mart Stores | WMT | 59.69 | 59.78 | 58.47 | 58.52 | 20.8M |
Verizon Communications | VZ | 37.37 | 37.37 | 36.13 | 36.67 | 20.6M |
Home Depot | HD | 26.71 | 26.82 | 25.85 | 25.91 | 19.2M |
ConocoPhillips | COP | 93.69 | 94.76 | 93.02 | 94.08 | 17.3M |
Altria | MO | 21.08 | 21.09 | 20.67 | 20.72 | 14.3M |
Visa | V | 81.00 | 81.00 | 77.60 | 77.74 | 14.2M |
HP Inc. | HPQ | 47.50 | 47.52 | 46.31 | 46.48 | 14.1M |
Bristol-Myers Squibb | BMY | 20.12 | 20.24 | 19.80 | 19.93 | 13.4M |
Procter & Gamble | PG | 66.43 | 66.82 | 66.02 | 66.20 | 12.6M |
Walt Disney & Co. | DIS | 33.75 | 33.94 | 33.25 | 33.27 | 12.4M |
Coca-Cola | KO | 57.72 | 57.83 | 57.01 | 57.14 | 11.7M |
UnitedHealth Group | UNH | 32.49 | 32.59 | 31.76 | 31.95 | 11.6M |
Chevron | CVX | 99.55 | 99.98 | 98.27 | 99.42 | 11.5M |
Abbott Laboratories | ABT | 54.00 | 54.48 | 53.10 | 53.50 | 11M |
Johnson & Johnson | JNJ | 65.51 | 65.85 | 65.11 | 65.20 | 10.4M |
Amgen | AMGN | 43.36 | 43.64 | 42.90 | 42.95 | 9.34M |
Union Pacific | UNP | 78.50 | 78.68 | 74.04 | 74.10 | 8.93M |
Pepsico | PEP | 67.35 | 68.05 | 67.22 | 67.49 | 7.95M |
Alphabet | GOOGL | 556.00 | 557.34 | 544.46 | 545.20 | 7.62M |
International Business Machines | IBM | 125.90 | 125.90 | 122.86 | 123.25 | 7.21M |
Schlumberger | SLB | 102.72 | 103.13 | 100.10 | 101.30 | 6.75M |
McDonald's | MCD | 59.77 | 59.77 | 58.64 | 58.75 | 6.61M |
Boeing | BA | 73.44 | 73.77 | 72.93 | 73.31 | 6.54M |
United Technologies | UTX | 67.05 | 67.20 | 66.59 | 66.65 | 6.1M |
Amazon | AMZN | 79.35 | 80.00 | 77.03 | 77.28 | 5.87M |
Gilead Sciences | GILD | 53.84 | 54.18 | 53.09 | 53.15 | 5.79M |
3M | MMM | 76.00 | 76.00 | 75.05 | 75.27 | 4.91M |
Berkshire Hathaway | BRK.B | 4241.00 | 4276.00 | 4200.00 | 4220.00 | 18.6K |
Exchange Rates of June 11, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 106.820 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 1.020 CAD | 1 CAD = 0.981 USD |
US Dollar | Swiss Franc | 1 USD = 1.031 CHF | 1 CHF = 0.970 USD |
US Dollar | Chinese Yuan | 1 USD = 6.919 CNY | 1 CNY = 0.145 USD |
Euro | Japanese Yen | 1 EUR = 166.190 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.792 GBP | 1 GBP = 1.262 EUR |
Euro | Australian Dollar | 1 EUR = 1.641 AUD | 1 AUD = 0.610 EUR |
Euro | Canadian Dollar | 1 EUR = 1.586 CAD | 1 CAD = 0.631 EUR |
Euro | Swiss Franc | 1 EUR = 1.604 CHF | 1 CHF = 0.623 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.476 GBP | 1 GBP = 2.099 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 0.987 AUD | 1 AUD = 1.013 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.954 CAD | 1 CAD = 1.048 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.965 CHF | 1 CHF = 1.036 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.071 AUD | 1 AUD = 0.483 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.002 CAD | 1 CAD = 0.499 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.024 CHF | 1 CHF = 0.494 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.966 CAD | 1 CAD = 1.035 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.977 CHF | 1 CHF = 1.024 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.011 CHF | 1 CHF = 0.989 CAD |
See what else happened on June 11, 2008