Financial news on June 17, 2008

Business and Financial news
Expediting the Global Jaunt

To deal with the hassle of getting visas stamped in their employees’ passports, businesses are increasingly outsourcing the task to companies known as expediters. Read more..

By PAUL BURNHAM FINNEY - The New York Times

Russian Oil Dispute Renews Concerns

The fight over TNK-BP has turned into something of a showdown involving significant players in the Russian economy, from Western investors to prominent oligarchs to senior officials. Read more..

By CLIFFORD J. LEVY and SOPHIA KISHKOVSKY - The New York Times

You Still Fly Commercial? That’s So Down-Market

Business aviation has grown in the last few years, at the expense of the premium categories of the commercial airline industry. Read more..

By JOE SHARKEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 29.18 29.24 28.77 28.86 63.4M
Microsoft MSFT 29.00 29.12 28.79 28.80 44.3M
Intel INTC 22.94 23.01 22.57 22.58 44M
Pfizer PFE 17.85 17.95 17.67 17.72 43.3M
Wells Fargo & Co. WFC 26.74 27.20 25.27 25.40 40.7M
Cisco Systems CSCO 26.33 26.63 25.91 25.97 38.6M
JPMorgan Chase JPM 40.36 40.75 38.95 39.04 32.5M
Apple AAPL 178.17 181.99 177.41 181.43 32.1M
Oracle Corp. ORCL 22.98 23.02 22.50 22.53 27.3M
ExxonMobil XOM 87.86 88.99 87.48 88.62 22M
AT&T Inc. T 36.28 36.31 35.64 35.69 20.2M
Comcast CMCSA 21.23 21.37 21.03 21.11 16.2M
Verizon Communications VZ 36.35 36.38 35.80 35.89 15.4M
Merck MRK 35.12 35.41 34.64 34.68 15.1M
Altria MO 20.66 20.86 20.59 20.72 14.7M
Coca-Cola KO 54.55 54.70 53.96 53.96 14.3M
Wal-Mart Stores WMT 59.49 59.53 58.50 58.69 13.6M
Bristol-Myers Squibb BMY 20.23 20.33 19.96 20.03 13.4M
HP Inc. HPQ 47.89 48.00 47.09 47.34 12.4M
Abbott Laboratories ABT 54.50 55.24 53.56 53.57 12.3M
Home Depot HD 27.55 27.73 26.80 26.87 12.3M
ConocoPhillips COP 94.70 95.96 94.05 95.78 12.1M
Union Pacific UNP 76.60 76.61 72.21 72.47 9.78M
Chevron CVX 99.80 100.89 99.06 100.37 9.16M
Walt Disney & Co. DIS 33.85 33.86 33.10 33.11 9.16M
Amazon AMZN 83.15 84.30 82.80 82.97 8.8M
Visa V 84.10 84.98 83.68 84.67 8.32M
Procter & Gamble PG 66.10 66.26 65.74 65.80 8.22M
Pepsico PEP 66.25 66.57 65.54 65.87 7.63M
Amgen AMGN 43.86 44.72 43.76 44.39 7.45M
UnitedHealth Group UNH 30.28 30.51 29.96 30.00 7.37M
Johnson & Johnson JNJ 66.04 66.25 65.50 65.59 7.3M
Alphabet GOOGL 576.02 578.07 568.38 569.46 6.92M
Schlumberger SLB 100.10 103.87 100.01 103.47 6.88M
Boeing BA 75.38 75.50 73.81 74.38 6.5M
McDonald's MCD 60.27 60.33 59.07 59.21 5.31M
International Business Machines IBM 127.10 127.10 124.62 125.10 5.28M
United Technologies UTX 69.37 69.37 68.19 68.41 5.22M
Gilead Sciences GILD 54.20 54.48 53.30 53.55 5.06M
3M MMM 75.44 75.70 74.85 74.97 3.56M
Berkshire Hathaway BRK.B 4214.00 4235.00 4196.00 4207.00 18.3K
Exchange Rates of June 17, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.960 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.019 CAD 1 CAD = 0.982 USD
US Dollar Swiss Franc 1 USD = 1.042 CHF 1 CHF = 0.960 USD
US Dollar Chinese Yuan 1 USD = 6.891 CNY 1 CNY = 0.145 USD
Euro Japanese Yen 1 EUR = 167.410 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.792 GBP 1 GBP = 1.262 EUR
Euro Australian Dollar 1 EUR = 1.643 AUD 1 AUD = 0.609 EUR
Euro Canadian Dollar 1 EUR = 1.580 CAD 1 CAD = 0.633 EUR
Euro Swiss Franc 1 EUR = 1.615 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.473 GBP 1 GBP = 2.114 JPY
Japanese Yen Australian Dollar 1 JPY = 0.981 AUD 1 AUD = 1.020 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.943 CAD 1 CAD = 1.060 JPY
Japanese Yen Swiss Franc 1 JPY = 0.965 CHF 1 CHF = 1.037 JPY
Pound Sterling Australian Dollar 1 GBP = 2.073 AUD 1 AUD = 0.482 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.993 CAD 1 CAD = 0.502 GBP
Pound Sterling Swiss Franc 1 GBP = 2.038 CHF 1 CHF = 0.491 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.961 CAD 1 CAD = 1.041 AUD
Australian Dollar Swiss Franc 1 AUD = 0.983 CHF 1 CHF = 1.018 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.022 CHF 1 CHF = 0.978 CAD

See what else happened on June 17, 2008