Financial news on June 13, 2012

Business and Financial news
After Rapes, Skout App Bans Minors

June 13, 2012 - A flirting app is rocked by child rape cases. Read more..

Nadia Sussman, Pedro Rosado and Channon Hodge - The New York Times

Denials Over Google Street View

Google releases documents related to a federal investigation of its Street View mapping project; documents include sworn declarations from what appear to be engineers saying they were not aware of unauthorized data collection gathered from wireless networks as specially equipped cars passed through neighborhoods. Read more..

By EDWARD WYATT - The New York Times

European Central Bank Endorses a Banking Union

European Central Bank calls for euro zone leaders to form a 'banking union' alliance to oversee its large financial institutions in a move that would help shield countries and their citizens from the misfortunes of troubled lenders. Read more..

By JACK EWING - The New York Times

Getting Out of a Rut With Help From Schick

Andrew Adam Newman Advertising column; Clean Break reality series sponsored by Schick Hydro razor is taking the unusual step of neither mentioning nor showing the product, referring to the brand only with occasional 'Presented by Schick Hydro' messages. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Import Prices Fell 1% in May, as Food and Energy Costs Ebbed

Against the backdrop of a sputtering recovery, economists said benign inflation gave the Federal Reserve room to ease further at its policy meeting next week. Read more..

By REUTERS - The New York Times

Jamie Dimon's Fall

June 13, 2012 - Jamie Dimon's fall from being 'America's Banker.' Read more..

Channon Hodge - The New York Times

Kelly Kennedy Mack

Vivian Marino 30-Minute Interview with Corcoran Sunshine Marketing Group president Kelly Kennedy Mack; company specializes in the marketing, sales and planning of luxury residential developments. Read more..

By VIVIAN MARINO - The New York Times

Spanish Borrowing Costs Soar, Calling Bailout Into Question

The deal, a limited rescue of Spain's banking sector, has raised hopes in other troubled euro countries of making similar deals. Read more..

By DAVID JOLLY and STEPHEN CASTLE - International Herald Tribune

U.S. Penalizes Online Company in Sale of Personal Data

Federal Trade Commission fines data collection company Spokeo $800,000, claiming that it violated federal law in how it compiled and sold people's personal information for use by potential employers to screen job applicants on its Web site; action is the FTC's first case addressing the sale of Internet and social media data for use in employment screening. Read more..

By EDWARD WYATT - The New York Times

Wall Street Is Lifted by Speculation That the Federal Reserve Will Act to Spur the Economy

Stocks advance, rebounding amid speculation the Federal Reserve will act to stimulate the economy and after the European Central Bank endorses its plan to guarantee bank deposits. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Johnson & Johnson JNJ 64.24 64.70 63.18 64.45 98.4M
JPMorgan Chase JPM 33.69 35.07 33.63 34.30 72.5M
General Electric GE 19.25 19.54 19.20 19.37 40.2M
Cisco Systems CSCO 16.74 16.85 16.56 16.66 39.1M
Microsoft MSFT 29.22 29.44 29.05 29.13 33M
Intel INTC 26.46 26.87 26.34 26.54 30.5M
Wells Fargo & Co. WFC 31.26 31.97 31.15 31.58 30.2M
AT&T Inc. T 34.94 35.06 34.72 34.98 26.5M
Pfizer PFE 22.17 22.48 22.09 22.19 23.7M
Oracle Corp. ORCL 26.88 27.38 26.79 27.02 19.6M
Facebook FB 27.66 28.10 27.10 27.27 17.1M
ExxonMobil XOM 80.94 81.64 80.28 80.63 15.1M
Home Depot HD 51.78 51.90 50.81 50.97 14.5M
Comcast CMCSA 30.38 30.44 29.79 29.98 14M
Altria MO 33.07 33.41 32.91 33.27 13.4M
Merck MRK 38.40 38.79 38.27 38.40 11.6M
HP Inc. HPQ 21.51 21.71 21.34 21.48 11.6M
Verizon Communications VZ 42.83 43.25 42.80 42.99 11.3M
Wal-Mart Stores WMT 67.59 67.75 66.96 67.07 10.7M
Abbott Laboratories ABT 61.72 61.90 61.33 61.51 10.7M
Apple AAPL 574.52 578.48 570.38 572.16 10.5M
ConocoPhillips COP 54.63 54.84 53.84 54.10 9.05M
McDonald's MCD 86.95 88.94 86.88 87.97 8.84M
General Motors GM 22.04 22.17 21.74 21.87 8.59M
United Technologies UTX 74.35 74.45 72.96 73.54 8.23M
Walt Disney & Co. DIS 46.25 46.65 45.99 46.23 7.32M
Procter & Gamble PG 62.61 62.77 62.27 62.57 6.84M
Schlumberger SLB 64.47 65.56 63.49 63.95 6.78M
Bristol-Myers Squibb BMY 34.15 34.45 34.12 34.21 6.62M
UnitedHealth Group UNH 57.72 58.53 57.57 58.01 6.37M
Chevron CVX 100.68 101.40 99.71 100.13 5.19M
Pepsico PEP 68.30 68.88 68.16 68.55 4.96M
Gilead Sciences GILD 49.49 50.25 49.09 49.12 4.76M
Boeing BA 72.41 72.70 71.58 72.06 4.72M
Coca-Cola KO 74.61 75.13 74.47 74.69 4.69M
Amgen AMGN 68.73 69.31 68.51 68.82 3.94M
Alphabet GOOGL 561.72 567.00 558.68 561.09 3.9M
Visa V 115.80 116.97 114.65 114.90 3.72M
Berkshire Hathaway BRK.B 81.01 81.14 80.24 80.59 3.64M
International Business Machines IBM 194.36 195.19 192.35 193.10 3.25M
3M MMM 86.30 86.80 85.72 86.13 2.66M
Amazon AMZN 215.52 217.38 213.52 214.73 2.33M
Union Pacific UNP 111.16 113.63 111.07 112.30 1.99M
Exchange Rates of June 13, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 79.410 JPY 1 JPY = 0.013 USD
US Dollar Canadian Dollar 1 USD = 1.029 CAD 1 CAD = 0.972 USD
US Dollar Swiss Franc 1 USD = 0.956 CHF 1 CHF = 1.046 USD
US Dollar Chinese Yuan 1 USD = 6.369 CNY 1 CNY = 0.157 USD
Euro Japanese Yen 1 EUR = 99.820 JPY 1 JPY = 0.010 EUR
Euro Pound Sterling 1 EUR = 0.810 GBP 1 GBP = 1.234 EUR
Euro Australian Dollar 1 EUR = 1.263 AUD 1 AUD = 0.792 EUR
Euro Canadian Dollar 1 EUR = 1.294 CAD 1 CAD = 0.773 EUR
Euro Swiss Franc 1 EUR = 1.201 CHF 1 CHF = 0.833 EUR
Euro Chinese Yuan 1 EUR = 7.981 CNY 1 CNY = 0.125 EUR
Japanese Yen Pound Sterling 1 JPY = 0.811 GBP 1 GBP = 1.233 JPY
Japanese Yen Australian Dollar 1 JPY = 1.265 AUD 1 AUD = 0.791 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.295 CAD 1 CAD = 0.772 JPY
Japanese Yen Swiss Franc 1 JPY = 1.203 CHF 1 CHF = 0.831 JPY
Pound Sterling Australian Dollar 1 GBP = 1.559 AUD 1 AUD = 0.641 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.596 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.482 CHF 1 CHF = 0.675 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.850 CNY 1 CNY = 0.102 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.024 CAD 1 CAD = 0.977 AUD
Australian Dollar Swiss Franc 1 AUD = 0.950 CHF 1 CHF = 1.052 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.315 CNY 1 CNY = 0.158 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.928 CHF 1 CHF = 1.077 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.169 CNY 1 CNY = 0.162 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.645 CNY 1 CNY = 0.150 CHF

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