Financial news on June 14, 2010
Business and Financial news
Lazard said Monday that it had hired Marc H. Katz to serve as managing director for telecom, media and technology. Mr. Katz comes from Bank of America Merrill Lynch, a managing director for mergers and acquisitions in the same industries. Read more..
On a Tuesday evening this spring, Sergey Brin, the co-founder of Google, became part man and part machine, The New York Times writes. Read more..
Mosaic, the American producer of phosphate and potash fertilizer, is in talks to buy Mexican rival Grupo Fertinal, in a deal that may be valued at as much as $1 billion, The Wall Street Journal reported, citing people familiar with the matter. Read more..
Accounts, people and miscellany. Read more..
Sheila Bair, the chairwoman of the Federal Deposit Insurance Corporation, began her week with a bit of honest heresy, the kind that only she, among all the bank regulators, seems willing to utter in the wake of the financial crisis, Joe Nocera writes in his latest column. Read more..
As the oil spill in the Gulf of Mexico follows on the heels of the financial crisis, we can discern a toxic recipe for catastrophe, Richard H. Thaler writes in a column in The New York Times. Read more..
Mr. Wussler helped transform a superstation known mostly for its Atlanta Braves baseball coverage into a media enterprise including CNN and the TNT network. Read more..
White Collar Watch examines why co-defendants of R. Allen Stanford do not want to be put on trial with him for fraud and their prospects for getting separate trials. Read more..
A new amended complaint by shareholders over the proposed management buyout of Landry’s Restaurants makes disturbing new charges, the Deal Professor writes. Read more..
Xinjiang Goldwind, the Chinese alternative energy company, said Monday that it had decided to cancel its $1.2 billion initial public offering because of “unexpected and excessive market volatility.” Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 15.77 | 15.88 | 15.35 | 15.39 | 75.7M |
Intel | INTC | 20.95 | 21.14 | 20.82 | 20.89 | 68.9M |
Cisco Systems | CSCO | 23.08 | 23.28 | 22.73 | 22.76 | 57.3M |
Pfizer | PFE | 15.56 | 15.60 | 15.30 | 15.33 | 51.3M |
Microsoft | MSFT | 25.86 | 25.96 | 25.47 | 25.50 | 51M |
JPMorgan Chase | JPM | 37.97 | 38.27 | 37.23 | 37.33 | 48.7M |
Wells Fargo & Co. | WFC | 27.80 | 27.97 | 27.31 | 27.40 | 45.5M |
Altria | MO | 20.25 | 20.25 | 19.57 | 19.57 | 30.9M |
AT&T Inc. | T | 25.37 | 25.55 | 25.15 | 25.17 | 24.9M |
ExxonMobil | XOM | 62.06 | 62.46 | 61.32 | 61.37 | 24.7M |
Oracle Corp. | ORCL | 23.02 | 23.08 | 22.66 | 22.69 | 22.3M |
Apple | AAPL | 255.96 | 259.15 | 254.01 | 254.28 | 21.5M |
Home Depot | HD | 32.48 | 32.64 | 31.99 | 32.06 | 20.3M |
Bristol-Myers Squibb | BMY | 25.08 | 25.50 | 25.06 | 25.29 | 16.9M |
ConocoPhillips | COP | 54.15 | 54.68 | 52.71 | 52.80 | 16.4M |
Verizon Communications | VZ | 28.76 | 28.87 | 28.58 | 28.63 | 16M |
Comcast | CMCSA | 18.33 | 18.56 | 18.15 | 18.15 | 15.4M |
HP Inc. | HPQ | 47.87 | 48.22 | 46.83 | 46.88 | 14.4M |
Abbott Laboratories | ABT | 47.44 | 47.65 | 47.28 | 47.33 | 14.2M |
Wal-Mart Stores | WMT | 51.11 | 51.46 | 50.89 | 51.24 | 13.9M |
Merck | MRK | 35.05 | 35.25 | 34.95 | 35.02 | 13.7M |
Chevron | CVX | 74.23 | 75.55 | 74.16 | 74.18 | 11.9M |
Schlumberger | SLB | 60.40 | 60.91 | 58.51 | 58.66 | 11.8M |
Procter & Gamble | PG | 61.39 | 61.73 | 61.21 | 61.25 | 11M |
Johnson & Johnson | JNJ | 58.70 | 59.10 | 58.38 | 58.42 | 10.5M |
Visa | V | 76.95 | 76.99 | 73.70 | 73.78 | 9.36M |
Walt Disney & Co. | DIS | 34.49 | 34.57 | 33.92 | 33.93 | 9.34M |
Gilead Sciences | GILD | 34.74 | 35.26 | 34.57 | 34.64 | 9.27M |
UnitedHealth Group | UNH | 30.72 | 30.94 | 30.55 | 30.59 | 8.39M |
Coca-Cola | KO | 51.94 | 51.97 | 51.46 | 51.51 | 6.83M |
International Business Machines | IBM | 128.50 | 129.97 | 128.49 | 128.50 | 6.75M |
United Technologies | UTX | 66.49 | 67.83 | 66.44 | 66.90 | 6.66M |
Boeing | BA | 66.22 | 66.55 | 64.71 | 64.82 | 6M |
Berkshire Hathaway | BRK.B | 74.87 | 75.77 | 74.59 | 74.92 | 5.65M |
Pepsico | PEP | 63.90 | 64.23 | 63.24 | 63.85 | 4.94M |
McDonald's | MCD | 69.95 | 69.98 | 69.30 | 69.30 | 4.53M |
Amgen | AMGN | 54.21 | 54.82 | 54.03 | 54.07 | 4.27M |
Alphabet | GOOGL | 494.48 | 494.50 | 483.19 | 483.19 | 4.08M |
Amazon | AMZN | 124.24 | 125.70 | 123.50 | 123.83 | 3.92M |
3M | MMM | 78.99 | 79.33 | 78.06 | 78.14 | 3.61M |
Union Pacific | UNP | 74.30 | 74.50 | 72.59 | 72.74 | 3.35M |
Exchange Rates of June 14, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 91.610 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.033 CAD | 1 CAD = 0.968 USD |
US Dollar | Swiss Franc | 1 USD = 1.143 CHF | 1 CHF = 0.875 USD |
US Dollar | Chinese Yuan | 1 USD = 6.833 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 111.910 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.829 GBP | 1 GBP = 1.207 EUR |
Euro | Australian Dollar | 1 EUR = 1.423 AUD | 1 AUD = 0.703 EUR |
Euro | Canadian Dollar | 1 EUR = 1.262 CAD | 1 CAD = 0.793 EUR |
Euro | Swiss Franc | 1 EUR = 1.395 CHF | 1 CHF = 0.717 EUR |
Euro | Chinese Yuan | 1 EUR = 8.345 CNY | 1 CNY = 0.120 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.740 GBP | 1 GBP = 1.351 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.271 AUD | 1 AUD = 0.787 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.127 CAD | 1 CAD = 0.887 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.247 CHF | 1 CHF = 0.802 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.717 AUD | 1 AUD = 0.583 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.522 CAD | 1 CAD = 0.657 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.684 CHF | 1 CHF = 0.594 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.058 CNY | 1 CNY = 0.099 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.887 CAD | 1 CAD = 1.128 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.981 CHF | 1 CHF = 1.020 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.861 CNY | 1 CNY = 0.171 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.106 CHF | 1 CHF = 0.904 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.610 CNY | 1 CNY = 0.151 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5.978 CNY | 1 CNY = 0.167 CHF |
See what else happened on June 14, 2010