Financial news on June 12, 2008

Business and Financial news
Adding Movies to PowerPoint

I want to insert a QuickTime video clip into a PowerPoint file, but the format doesn’t work with my version of PowerPoint for Windows. Is there a way to make this work? Read more..

By J. D. BIERSDORFER - The New York Times

An Imitator That Rivals the iPhone

Sprint’s new Samsung Instinct is an iPhone wannabe, but it has its own personality. Read more..

By DAVID POGUE - The New York Times

BP Says Talks With Venture Investors Continue

The chief executive of BP said that the company continued to discuss management concerns with shareholders of its Russian venture, but does not expect the disagreements to be resolved soon. Read more..

By JULIA WERDIGIER - The New York Times

European Airlines Reap Benefits of Oil Hedging

As United States airlines reel from soaring oil prices and a sinking domestic economy, most of their European rivals appear better placed to ride out the storm. Read more..

By CAROLINE BROTHERS - The New York Times

Hedge Funds Can Vote at CSX Meeting

A federal judge who ruled that two hedge funds seeking to win a proxy fight at CSX had violated securities laws also said that there was nothing effective that he could do about it. Read more..

By FLOYD NORRIS - The New York Times

Housing Slump Helps the Draw of Fixer-Upper TV

A shift in focus away from shows on buying real estate to more educational and emotional offerings is fueling a boom in television shows about housing. Read more..

By BRIAN STELTER - The New York Times

Six Months Later, Start-Ups Find Their Goals Are Elusive

Taking another look at three new small businesses and how they’ve fared in the last several months. Read more..

By BRENT BOWERS - The New York Times

Times Hires New Chief of the About Group

Cella M. Irvine was appointed chief executive of the group, which includes About.com, the information and advice Web site. Read more..

By THE NEW YORK TIMES - The New York Times

Tip of the Week: Thinking Green When You Print

You can save paper by going to Word’s Print Preview in the File menu and clicking the “Shrink to Fit” or “Shrink One Page” button. Read more..

By J. D. BIERSDORFER - The New York Times

With the Stroke of a Pen, a Popular Educational Toy That Helps Children Learn to Read Is Simplified

The Tag Reading System from LeapFrog allows children to touch any word or picture in special books to hear the associated sound. Read more..

By WARREN BUCKLEITNER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 27.40 28.55 27.19 28.24 114M
General Electric GE 29.98 30.31 28.89 29.05 95.6M
Intel INTC 22.05 22.61 21.88 22.05 60.3M
JPMorgan Chase JPM 37.71 38.75 37.63 38.01 53.2M
Pfizer PFE 17.62 17.96 17.60 17.73 48.4M
Apple AAPL 181.45 182.60 171.20 173.26 46.7M
Cisco Systems CSCO 25.90 26.32 25.64 25.96 43.9M
Wells Fargo & Co. WFC 25.73 26.83 25.59 26.02 40.7M
Oracle Corp. ORCL 22.18 22.26 21.73 21.86 35.1M
ExxonMobil XOM 87.98 88.43 86.82 87.06 32.3M
AT&T Inc. T 36.37 36.75 36.05 36.39 24.9M
Merck MRK 35.86 36.10 34.93 35.40 22M
Wal-Mart Stores WMT 58.92 59.83 58.73 59.11 19.2M
ConocoPhillips COP 93.49 93.49 91.75 92.49 18.8M
Comcast CMCSA 21.69 21.69 21.21 21.35 17.6M
Verizon Communications VZ 36.79 37.56 36.17 36.63 17.1M
Altria MO 20.85 21.21 20.80 20.94 16.7M
UnitedHealth Group UNH 32.04 32.11 30.98 31.01 15.8M
Home Depot HD 26.04 26.88 26.04 26.48 15.1M
Chevron CVX 98.87 98.87 97.57 98.06 13.3M
Bristol-Myers Squibb BMY 20.06 20.23 19.56 19.67 13.2M
Walt Disney & Co. DIS 33.53 33.70 33.12 33.24 13.1M
Procter & Gamble PG 66.40 66.75 66.06 66.46 11.9M
Visa V 78.95 80.77 78.55 79.56 11.2M
HP Inc. HPQ 46.76 47.38 46.68 46.97 11.1M
Alphabet GOOGL 548.01 558.00 546.88 552.95 11M
Boeing BA 74.01 77.05 73.79 74.12 9.79M
Johnson & Johnson JNJ 65.39 65.83 65.16 65.69 9.74M
Coca-Cola KO 57.31 57.59 56.75 57.14 9.52M
Union Pacific UNP 74.62 76.44 74.61 75.41 9.14M
Schlumberger SLB 100.02 100.43 98.21 98.82 9.06M
Abbott Laboratories ABT 53.75 54.10 53.52 53.93 8.82M
United Technologies UTX 67.21 69.00 67.15 67.92 8.03M
Amgen AMGN 43.43 43.66 42.95 43.22 7.45M
International Business Machines IBM 123.85 125.09 123.13 123.85 6.75M
Pepsico PEP 67.84 68.23 67.30 67.95 6.57M
McDonald's MCD 58.98 59.85 58.92 59.34 6.26M
Amazon AMZN 78.28 79.05 75.01 76.15 6.2M
Gilead Sciences GILD 53.51 53.51 52.37 52.73 6.1M
3M MMM 75.50 76.42 75.25 75.55 3.79M
Berkshire Hathaway BRK.B 4223.00 4245.00 4200.00 4225.00 29.4K
Exchange Rates of June 12, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.890 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.023 CAD 1 CAD = 0.977 USD
US Dollar Swiss Franc 1 USD = 1.040 CHF 1 CHF = 0.961 USD
US Dollar Chinese Yuan 1 USD = 6.908 CNY 1 CNY = 0.145 USD
Euro Japanese Yen 1 EUR = 166.690 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.794 GBP 1 GBP = 1.259 EUR
Euro Australian Dollar 1 EUR = 1.651 AUD 1 AUD = 0.606 EUR
Euro Canadian Dollar 1 EUR = 1.581 CAD 1 CAD = 0.633 EUR
Euro Swiss Franc 1 EUR = 1.608 CHF 1 CHF = 0.622 EUR
Japanese Yen Pound Sterling 1 JPY = 0.476 GBP 1 GBP = 2.100 JPY
Japanese Yen Australian Dollar 1 JPY = 0.990 AUD 1 AUD = 1.010 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.948 CAD 1 CAD = 1.055 JPY
Japanese Yen Swiss Franc 1 JPY = 0.964 CHF 1 CHF = 1.037 JPY
Pound Sterling Australian Dollar 1 GBP = 2.079 AUD 1 AUD = 0.481 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.991 CAD 1 CAD = 0.502 GBP
Pound Sterling Swiss Franc 1 GBP = 2.024 CHF 1 CHF = 0.494 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.957 CAD 1 CAD = 1.045 AUD
Australian Dollar Swiss Franc 1 AUD = 0.973 CHF 1 CHF = 1.028 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.016 CHF 1 CHF = 0.984 CAD

See what else happened on June 12, 2008