Financial news on June 17, 2013

Business and Financial news
European Official Takes On the French

Jose Manuel Barrosso, European Commission president, says Europe must shun reactionary opposition to globalization; criticizes efforts in France to limit scope of trade pact with United States; discussion of proposed trans-Atlantic trade accord is expected at upcoming Group of 8 meeting. Read more..

By ANDREW HIGGINS and STEPHEN CASTLE - The New York Times

Europe's Small Airports Face Challenges

With European economies flat-lining in the aftermath of the financial crisis, small airports have struggled to grow, and many are still losing passengers. Read more..

By JENNY MARC - International Herald Tribune

Faltering Economy in China Dims Job Prospects for Graduates

Record seven million students graduating from universities and colleges across China will face bleak job prospects in latest sign of troubled Chinese economy; government, fearing problem could affect social stability, orders schools, government agencies and state-owned enterprises to hire more graduates to help relieve joblessness. Read more..

By KEITH BRADSHER and SUE-LIN WONG - The New York Times

In Oscar’s Home, the Ritual of Picking Its Next President Gets Under Way

Contenders for president of Academy of Motion Picture Arts and Sciences are lining up and forming alliances; 43-member board of governors prepares to meet in late July or early August to choose between leading prospects, Cheryl Boone Isaacs and Robert Freidman, one of whom will succeed Hawk Koch. Read more..

By MICHAEL CIEPLY - The New York Times

Military Suppliers Push for Europe-Made Drone

Three of Europe's top military contractors urge region's governments to support joint program to develop reconnaissance drone to reduce dependence on American and Israeli manufacturers; proposal is joint effort of EADS, Dassault Aviation and Finmeccanica. Read more..

By NICOLA CLARK - The New York Times

Russia Returns to Form at Paris Air Show

Russia has not always had a happy time at Le Bourget, but a strong lineup of 46 companies and an expanded exhibition space bode well this time round. Read more..

By DIMITRY PETRUNIN - International Herald Tribune

Taper Tantrum

The Times’s David Gillen on market gyrations as Wall Street and world economies try to guess when the Federal Reserve will slow, or taper, its extraordinary measures to bolster the economy. Read more..

Eric Paternot and Ben Werschkul - The New York Times

Telecoms Want 'Net Neutrality' Applied More Widely

European operators say that if a tough "net neutrality'' law is adopted, it should apply not only to European mobile operators but to their Silicon Valley competitors as well. Read more..

By KEVIN J. O'BRIEN - International Herald Tribune

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 29.40 29.40 28.90 29.16 152M
Microsoft MSFT 34.69 35.16 34.63 35.00 49.7M
Cisco Systems CSCO 24.26 24.96 24.23 24.70 46M
Intel INTC 25.11 25.35 24.91 25.10 42.6M
General Electric GE 23.75 23.85 23.65 23.77 39.3M
Facebook FB 23.91 24.25 23.75 24.02 33.7M
AT&T Inc. T 36.07 36.14 35.48 35.76 23.4M
Oracle Corp. ORCL 34.03 34.63 34.00 34.27 19.4M
JPMorgan Chase JPM 53.70 54.26 53.54 53.85 16.9M
Wells Fargo & Co. WFC 40.59 40.71 40.34 40.61 15.5M
HP Inc. HPQ 24.88 25.33 24.85 25.16 13.2M
Merck MRK 48.33 48.55 47.56 47.80 12.5M
Coca-Cola KO 40.54 40.91 40.40 40.68 12.4M
ExxonMobil XOM 90.97 91.77 90.77 91.51 12M
General Motors GM 34.50 34.56 33.60 33.73 10.2M
Gilead Sciences GILD 52.77 53.26 50.82 51.03 10.1M
Verizon Communications VZ 51.45 51.63 50.35 50.71 9.89M
Comcast CMCSA 40.17 40.58 39.70 40.08 9.85M
Bristol-Myers Squibb BMY 46.97 47.08 46.13 46.44 9.54M
Home Depot HD 77.08 77.48 75.69 76.14 9.32M
Apple AAPL 431.44 435.70 430.36 432.00 9.26M
Altria MO 35.70 35.96 35.62 35.79 8.52M
Johnson & Johnson JNJ 85.37 86.41 84.98 85.63 8.43M
Procter & Gamble PG 78.26 79.47 78.25 78.96 7.36M
Walt Disney & Co. DIS 64.30 65.13 64.25 64.49 6.75M
Wal-Mart Stores WMT 75.00 75.45 74.51 74.95 6.48M
Abbott Laboratories ABT 37.07 37.33 36.72 36.89 6.36M
Schlumberger SLB 72.40 73.43 72.40 73.10 5.38M
UnitedHealth Group UNH 64.29 65.24 64.10 64.37 4.98M
McDonald's MCD 99.30 99.69 98.30 98.74 4.88M
Pepsico PEP 82.59 82.93 82.09 82.55 4.66M
Alphabet GOOGL 879.23 889.43 878.28 886.25 4.29M
Boeing BA 102.69 103.52 102.52 103.03 4.22M
Chevron CVX 120.45 121.78 120.28 121.22 4.05M
Visa V 182.32 183.72 181.50 182.35 3.69M
ConocoPhillips COP 61.45 62.05 61.44 61.94 3.66M
Berkshire Hathaway BRK.B 114.75 115.57 113.83 114.92 3.51M
International Business Machines IBM 203.44 205.17 202.55 203.04 3.22M
Amgen AMGN 98.72 100.09 98.50 99.08 3.08M
United Technologies UTX 94.97 95.84 94.68 94.98 3.01M
Amazon AMZN 276.35 280.20 275.65 278.06 2.88M
3M MMM 111.85 112.87 111.64 111.91 2.62M
Union Pacific UNP 158.07 158.20 155.00 155.97 1.63M
Exchange Rates of June 17, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 94.670 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.019 CAD 1 CAD = 0.982 USD
US Dollar Swiss Franc 1 USD = 0.923 CHF 1 CHF = 1.084 USD
US Dollar Chinese Yuan 1 USD = 6.125 CNY 1 CNY = 0.163 USD
Euro Japanese Yen 1 EUR = 126.510 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.850 GBP 1 GBP = 1.176 EUR
Euro Australian Dollar 1 EUR = 1.399 AUD 1 AUD = 0.715 EUR
Euro Canadian Dollar 1 EUR = 1.361 CAD 1 CAD = 0.735 EUR
Euro Swiss Franc 1 EUR = 1.233 CHF 1 CHF = 0.811 EUR
Euro Chinese Yuan 1 EUR = 8.190 CNY 1 CNY = 0.122 EUR
Japanese Yen Pound Sterling 1 JPY = 0.672 GBP 1 GBP = 1.489 JPY
Japanese Yen Australian Dollar 1 JPY = 1.105 AUD 1 AUD = 0.905 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.075 CAD 1 CAD = 0.930 JPY
Japanese Yen Swiss Franc 1 JPY = 0.974 CHF 1 CHF = 1.026 JPY
Pound Sterling Australian Dollar 1 GBP = 1.646 AUD 1 AUD = 0.608 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.601 CAD 1 CAD = 0.625 GBP
Pound Sterling Swiss Franc 1 GBP = 1.450 CHF 1 CHF = 0.690 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.633 CNY 1 CNY = 0.104 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.973 CAD 1 CAD = 1.028 AUD
Australian Dollar Swiss Franc 1 AUD = 0.881 CHF 1 CHF = 1.136 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.853 CNY 1 CNY = 0.171 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.906 CHF 1 CHF = 1.104 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.017 CNY 1 CNY = 0.166 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.642 CNY 1 CNY = 0.151 CHF

See what else happened on June 17, 2013