Financial news on June 19, 2009

Business and Financial news
Airbus, Orders in Hand at Show, Finds Reasons to Be Upbeat in a Down Economy

The aircraft maker leaves an air show with $6.5 billion in orders and commitments. Read more..

By NICOLA CLARK - The New York Times

Bank’s Former Chief Agrees to Pension Cut

Frederick A. Goodwin, who headed the Royal Bank of Scotland when its strategy led to huge losses, took a 50 percent reduction in his retirement pay. Read more..

By JULIA WERDIGIER - The New York Times

Big Order Lifts Outlook at Airbus

The European plane maker announced a $3.5 billion order from a Hungarian low-cost airline, and the chief Airbus salesman, John Leahy, said this showed improved prospects for the airline industry. Read more..

By NICOLA CLARK - International Herald Tribune

Ex-Chief of HealthSouth Loses Civil Suit

A judge called Richard Scrushy “the C.E.O. of the fraud” and ordered him to pay $2.9 billion to shareholders. Read more..

By JACK HEALY - The New York Times

Gazprom and Dow Chemical Expand Emissions Alliance

The Russian energy company and the American company signed a new deal to reduce their carbon footprints and to trade in carbon credits. Read more..

By ANDREW E. KRAMER - The New York Times

Greenpeace Parody of Newspaper Spotlights Climate

The spoof edition was an effort to draw attention to climate change as European Union leaders gathered to discuss the issue in Brussels. Read more..

By THE INTERNATIONAL HERALD TRIBUNE - The New York Times

Indicted, Texas Financier Surrenders

R. Allen Stanford, who is accused of running a multibillion-dollar Ponzi scheme involving certificates of deposit, turned himself in to the F.B.I. Read more..

By CLIFFORD KRAUSS - The New York Times

Mercedes Campaign Focuses on Image, Not Recession

While other ads promise to help buyers if they lose their jobs, the German company focuses on its cars’ technology and heritage. Read more..

By STEPHANIE CLIFFORD - The New York Times

Music Labels Win $2 Million in Web Case

A federal jury says a woman should pay $80,000 for each of 24 songs posted on an Internet site for others to download. Read more..

By BLOOMBERG NEWS - The New York Times

Swiss Regulators Ponder Way to Restrict Big Banks

Regulators signaled an aggressive approach to the problem of financial institutions whose failure can endanger the whole economy. Read more..

By CARTER DOUGHERTY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE12.1312.2711.9312.10124M
MicrosoftMSFT24.0424.3423.7524.07115M
Wells Fargo & Co.WFC24.0025.2023.1424.19101M
PfizerPFE15.1515.3214.9715.0084.6M
JPMorgan ChaseJPM34.6535.1233.7935.0077M
Cisco SystemsCSCO19.1819.2018.8018.9271.7M
IntelINTC16.0516.1815.8516.0171.5M
Oracle Corp.ORCL20.4220.9220.3720.6651.1M
ExxonMobilXOM71.8572.0070.4271.0542.8M
AT&T Inc.T24.3124.3723.8124.0442.4M
Abbott LaboratoriesABT47.8448.2647.2647.5830.2M
AltriaMO16.4516.5416.3016.4127.4M
MerckMRK25.9126.5425.8125.9126.6M
HP Inc.HPQ37.8238.4537.7838.3526.2M
AppleAAPL138.07139.50136.90139.4825.8M
Wal-Mart StoresWMT49.0549.0548.1048.1723.8M
ConocoPhillipsCOP43.4043.6342.8542.9722.6M
ComcastCMCSA14.0014.0813.7413.8722.6M
Verizon CommunicationsVZ30.4230.4329.5829.6622.3M
UnitedHealth GroupUNH25.9326.4825.0225.4321.8M
AmgenAMGN53.3053.8552.0652.3420M
Procter & GamblePG51.2851.4750.2450.6419.5M
Johnson & JohnsonJNJ56.3056.6555.9156.0919.3M
ChevronCVX68.8268.9267.3768.0616.5M
Coca-ColaKO49.7349.8948.7148.8115.4M
Home DepotHD23.4723.7123.3623.5215.2M
Bristol-Myers SquibbBMY20.6720.7720.4420.5814.4M
Walt Disney & Co.DIS23.8924.1223.3823.5313.8M
International Business MachinesIBM106.31106.65105.50105.8913.6M
SchlumbergerSLB56.3756.5054.7355.3511.3M
Gilead SciencesGILD47.0047.8146.6347.0210.8M
McDonald'sMCD58.4158.8358.0058.179.6M
PepsicoPEP54.7455.0553.6953.919.53M
AlphabetGOOGL418.21420.46414.58420.098.51M
United TechnologiesUTX55.2255.2554.0354.208.41M
BoeingBA49.1849.5348.1148.447.03M
VisaV61.7062.1060.8661.376.37M
3MMMM59.4860.1958.9359.375.87M
AmazonAMZN82.1583.4681.5082.965.44M
Union PacificUNP51.3152.3750.5752.005.21M
Berkshire HathawayBRK.B2836.002855.002800.502805.0030.6K
Exchange Rates of June 19, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 96.240 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.136 CAD1 CAD = 0.881 USD
US DollarSwiss Franc1 USD = 1.081 CHF1 CHF = 0.925 USD
US DollarChinese Yuan1 USD = 6.837 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 134.240 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.845 GBP1 GBP = 1.184 EUR
EuroAustralian Dollar1 EUR = 1.728 AUD1 AUD = 0.579 EUR
EuroCanadian Dollar1 EUR = 1.582 CAD1 CAD = 0.632 EUR
EuroSwiss Franc1 EUR = 1.506 CHF1 CHF = 0.664 EUR
EuroChinese Yuan1 EUR = 9.525 CNY1 CNY = 0.105 EUR
Japanese YenPound Sterling1 JPY = 0.630 GBP1 GBP = 1.588 JPY
Japanese YenAustralian Dollar1 JPY = 1.288 AUD1 AUD = 0.776 JPY
Japanese YenCanadian Dollar1 JPY = 1.179 CAD1 CAD = 0.848 JPY
Japanese YenSwiss Franc1 JPY = 1.123 CHF1 CHF = 0.890 JPY
Pound SterlingAustralian Dollar1 GBP = 2.049 AUD1 AUD = 0.488 GBP
Pound SterlingCanadian Dollar1 GBP = 1.873 CAD1 CAD = 0.534 GBP
Pound SterlingSwiss Franc1 GBP = 1.783 CHF1 CHF = 0.561 GBP
Australian DollarCanadian Dollar1 AUD = 0.915 CAD1 CAD = 1.093 AUD
Australian DollarSwiss Franc1 AUD = 0.871 CHF1 CHF = 1.148 AUD
Australian DollarChinese Yuan1 AUD = 5.512 CNY1 CNY = 0.181 AUD
Canadian DollarSwiss Franc1 CAD = 0.952 CHF1 CHF = 1.051 CAD
Canadian DollarChinese Yuan1 CAD = 6.025 CNY1 CNY = 0.166 CAD
Swiss FrancChinese Yuan1 CHF = 6.321 CNY1 CNY = 0.158 CHF

See what else happened on June 19, 2009