Financial news on June 17th, 2009

Business and Financial news
Investors, Mindful of Negative Numbers, Sell Holdings

After a down session, Wall Street awaited the release on Wednesday of the Consumer Price Index for May. Read more..

By JACK HEALY - The New York Times

MySpace Set to Lay Off 400 Workers

MySpace was once the pre-eminent social networking site, but recently it has lost some luster to Facebook. Read more..

By TIM ARANGO - The New York Times

Obama Sought a Range of Views on Finance Rules

The administration’s proposal to overhaul financial rules, born of compromise, is not as bold as some had hoped. Read more..

By STEPHEN LABATON - The New York Times

Spain Skips Airbus Talks, Raising Eyebrows

Spain blamed a scheduling mishap, but some speculated that Madrid was sending a message to EADS. Read more..

By NICOLA CLARK - The New York Times

Synthes, Medical Device Maker, Accused of Improper Marketing

The medical device maker and four of its executives were indicted Tuesday on federal charges that they improperly promoted a bone filler for purposes not approved by the F.D.A. Read more..

By BARRY MEIER - The New York Times

Three Accused of Insider Trading in Britain

The allegations relate to the takeover of NeuTec by the drug maker Novartis in 2006. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE12.7112.7312.1412.25130M
Wells Fargo & Co.WFC24.1624.2422.9823.09101M
JPMorgan ChaseJPM33.4333.5232.1832.7365.5M
Cisco SystemsCSCO19.0419.4918.9719.2048.8M
Oracle Corp.ORCL19.7220.1719.7019.9433.3M
AT&T Inc.T24.2624.4424.1024.1428.1M
Bristol-Myers SquibbBMY19.5020.2919.4219.9220.1M
Wal-Mart StoresWMT48.3048.8948.1048.5619.3M
Home DepotHD23.2424.0423.0123.6519M
Abbott LaboratoriesABT44.7746.2244.7545.9218.3M
HP Inc.HPQ36.6637.5036.6137.4216.9M
Verizon CommunicationsVZ29.5830.0429.5829.7813.1M
Johnson & JohnsonJNJ54.6855.5354.5555.2013.1M
Procter & GamblePG50.1350.7550.0050.0112.7M
UnitedHealth GroupUNH24.0324.6523.8324.0212.1M
Gilead SciencesGILD44.3545.9944.1645.539.43M
Walt Disney & Co.DIS23.4323.9523.3623.688.62M
International Business MachinesIBM107.46107.88106.88107.007.37M
United TechnologiesUTX54.4655.2354.3554.685.6M
Union PacificUNP51.0852.1250.5051.404.37M
Berkshire HathawayBRK.B2915.002915.002855.002874.0031.1K
Exchange Rates of June 17th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 95.660 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.132 CAD1 CAD = 0.883 USD
US DollarSwiss Franc1 USD = 1.080 CHF1 CHF = 0.926 USD
US DollarChinese Yuan1 USD = 6.837 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.360 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.851 GBP1 GBP = 1.176 EUR
EuroAustralian Dollar1 EUR = 1.758 AUD1 AUD = 0.569 EUR
EuroCanadian Dollar1 EUR = 1.578 CAD1 CAD = 0.634 EUR
EuroSwiss Franc1 EUR = 1.505 CHF1 CHF = 0.664 EUR
EuroChinese Yuan1 EUR = 9.531 CNY1 CNY = 0.105 EUR
Japanese YenPound Sterling1 JPY = 0.637 GBP1 GBP = 1.569 JPY
Japanese YenAustralian Dollar1 JPY = 1.318 AUD1 AUD = 0.759 JPY
Japanese YenCanadian Dollar1 JPY = 1.183 CAD1 CAD = 0.845 JPY
Japanese YenSwiss Franc1 JPY = 1.128 CHF1 CHF = 0.886 JPY
Pound SterlingAustralian Dollar1 GBP = 2.067 AUD1 AUD = 0.484 GBP
Pound SterlingCanadian Dollar1 GBP = 1.855 CAD1 CAD = 0.539 GBP
Pound SterlingSwiss Franc1 GBP = 1.769 CHF1 CHF = 0.565 GBP
Pound SterlingChinese Yuan1 GBP = 11.199 CNY1 CNY = 0.089 GBP
Australian DollarCanadian Dollar1 AUD = 0.898 CAD1 CAD = 1.114 AUD
Australian DollarSwiss Franc1 AUD = 0.856 CHF1 CHF = 1.168 AUD
Australian DollarChinese Yuan1 AUD = 5.419 CNY1 CNY = 0.185 AUD
Canadian DollarSwiss Franc1 CAD = 0.953 CHF1 CHF = 1.049 CAD
Canadian DollarChinese Yuan1 CAD = 6.038 CNY1 CNY = 0.166 CAD
Swiss FrancChinese Yuan1 CHF = 6.331 CNY1 CNY = 0.158 CHF

See what else happened on June 17th, 2009