Financial news on June 16, 2008

Business and Financial news
MySpace Might Have Friends, but It Wants Ad Money

Monetizing social networking Web sites is proving to be an arduous road and ad revenues have not come in as quickly as planned. Read more..

By BRIAN STELTER - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

The Secret to Success in Publishing: Bash Bush, With Nods to a Classic

The cover of “Goodnight Bush” looks almost exactly like “Goodnight Moon” and uses a similar rhyme scheme. But there the thematic similarities end. Read more..

By JOANNE KAUFMAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 28.69 29.25 28.38 28.97 86.6M
Microsoft MSFT 29.01 29.11 28.64 28.93 74.7M
Pfizer PFE 17.91 17.97 17.70 17.77 58.9M
Intel INTC 22.45 23.08 22.41 22.86 44.8M
Apple AAPL 171.25 177.90 169.07 176.84 37.6M
JPMorgan Chase JPM 39.48 40.65 39.10 39.94 34.9M
Wells Fargo & Co. WFC 26.02 26.98 25.62 26.38 33.2M
Oracle Corp. ORCL 22.46 23.00 22.33 22.94 32.6M
Cisco Systems CSCO 26.18 26.44 25.97 26.27 31.6M
AT&T Inc. T 35.95 36.34 35.63 36.17 27.1M
Merck MRK 35.36 35.60 34.49 35.01 25.5M
Comcast CMCSA 21.54 21.60 21.03 21.28 22.9M
Bristol-Myers Squibb BMY 20.23 20.29 19.86 20.06 19.1M
ExxonMobil XOM 88.49 88.71 87.79 87.99 18.5M
Wal-Mart Stores WMT 58.90 59.39 58.50 59.31 18.1M
Coca-Cola KO 55.42 55.52 54.04 54.18 17.7M
Verizon Communications VZ 36.54 36.79 36.11 36.24 16.8M
Altria MO 21.00 21.00 20.54 20.60 14.5M
ConocoPhillips COP 94.74 95.86 94.40 94.58 13.9M
Home Depot HD 27.31 27.68 27.14 27.50 12.4M
Procter & Gamble PG 66.25 66.41 65.77 65.90 12.2M
UnitedHealth Group UNH 30.65 30.74 29.92 30.20 11.1M
Abbott Laboratories ABT 53.65 54.44 53.36 54.33 10.6M
HP Inc. HPQ 47.05 48.03 47.00 47.58 10.2M
Pepsico PEP 67.01 67.76 65.25 66.04 10.1M
Union Pacific UNP 75.22 76.44 74.08 76.06 8.6M
Visa V 81.34 83.50 81.10 83.27 8.6M
Johnson & Johnson JNJ 65.96 66.16 65.50 65.84 7.98M
Chevron CVX 99.51 100.90 99.11 99.49 7.56M
Alphabet GOOGL 566.50 579.10 566.50 572.81 7.08M
Gilead Sciences GILD 53.47 54.71 52.97 54.33 6.86M
International Business Machines IBM 125.46 127.14 124.65 126.71 6.28M
Amgen AMGN 43.44 44.54 43.44 43.99 5.84M
Amazon AMZN 78.42 82.53 78.41 81.70 5.75M
Schlumberger SLB 100.44 101.82 100.01 100.87 5.62M
United Technologies UTX 68.35 69.23 67.91 68.88 4.93M
McDonald's MCD 59.44 60.30 59.39 59.94 4.52M
3M MMM 75.76 76.12 75.09 75.20 4.16M
Boeing BA 74.77 75.45 74.03 75.02 3.48M
Walt Disney & Co. DIS 33.80 33.90 33.39 33.65 3.44M
Berkshire Hathaway BRK.B 4230.00 4252.00 4188.00 4198.00 15.5K
Exchange Rates of June 16, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.200 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.024 CAD 1 CAD = 0.976 USD
US Dollar Swiss Franc 1 USD = 1.045 CHF 1 CHF = 0.957 USD
US Dollar Chinese Yuan 1 USD = 6.901 CNY 1 CNY = 0.145 USD
Euro Japanese Yen 1 EUR = 167.360 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.788 GBP 1 GBP = 1.270 EUR
Euro Australian Dollar 1 EUR = 1.645 AUD 1 AUD = 0.608 EUR
Euro Canadian Dollar 1 EUR = 1.584 CAD 1 CAD = 0.631 EUR
Euro Swiss Franc 1 EUR = 1.616 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.471 GBP 1 GBP = 2.125 JPY
Japanese Yen Australian Dollar 1 JPY = 0.982 AUD 1 AUD = 1.018 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.946 CAD 1 CAD = 1.057 JPY
Japanese Yen Swiss Franc 1 JPY = 0.966 CHF 1 CHF = 1.036 JPY
Pound Sterling Australian Dollar 1 GBP = 2.088 AUD 1 AUD = 0.479 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.011 CAD 1 CAD = 0.497 GBP
Pound Sterling Swiss Franc 1 GBP = 2.051 CHF 1 CHF = 0.487 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.963 CAD 1 CAD = 1.039 AUD
Australian Dollar Swiss Franc 1 AUD = 0.982 CHF 1 CHF = 1.018 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.020 CHF 1 CHF = 0.980 CAD

See what else happened on June 16, 2008