Financial news on June 20, 2008

Business and Financial news
Ex-UBS Banker Pleads Guilty in Tax Evasion

In his plea, Bradley C. Birkenfeld agreed to cooperate with prosecutors in their investigation of UBS practices, which may reveal the names of scores of wealthy American clients. Read more..

By LYNNLEY BROWNING - The New York Times

From the Gulf, Money for Towers in London

After investing in the financial industry in London, sovereign wealth funds from the oil-rich Persian Gulf are pouring money into the skyline. Read more..

By JULIA WERDIGIER - The New York Times

Government Crackdown on Mortgage Fraud

More than 400 real estate industry players have been indicted since March, including dozens over the last two days, in a Justice Department crackdown on incidents of mortgage fraud nationwide. Read more..

By CHARLIE SAVAGE - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT28.3128.9228.1028.2397.5M
General ElectricGE27.4428.0227.2727.3889.7M
IntelINTC22.5022.7422.3122.3771M
Cisco SystemsCSCO24.9225.3624.4724.6469.5M
PfizerPFE17.3917.8317.3017.3363.4M
Wells Fargo & Co.WFC24.6425.4024.0024.5062.6M
JPMorgan ChaseJPM38.0139.1936.9537.8655.4M
Oracle Corp.ORCL22.0722.6821.9122.1052.6M
AT&T Inc.T34.6935.5934.4134.4343.4M
ComcastCMCSA19.6920.5219.5219.7038.4M
ExxonMobilXOM85.1286.4384.7784.9136.2M
AppleAAPL176.55181.00175.00175.2731.7M
Wal-Mart StoresWMT56.4257.7056.2056.2627.1M
Verizon CommunicationsVZ35.5736.6235.2635.3823.6M
Procter & GamblePG63.3965.0863.1063.1621.5M
Walt Disney & Co.DIS32.1032.7331.9431.9421.3M
MerckMRK35.1735.8335.0035.1320.6M
HP Inc.HPQ45.4146.5845.1445.6420.1M
ConocoPhillipsCOP92.5494.4392.2792.7619.2M
UnitedHealth GroupUNH27.2327.9527.0027.1217.7M
Home DepotHD26.2327.1826.1226.2517.2M
AltriaMO20.7720.8820.6620.7816.9M
Coca-ColaKO53.3253.8952.9353.6616.6M
Johnson & JohnsonJNJ64.0864.6263.8864.0616.4M
ChevronCVX96.4998.0896.0996.6215M
Bristol-Myers SquibbBMY19.5519.9019.4319.5714.7M
Abbott LaboratoriesABT53.3054.3253.0953.3513.9M
AmgenAMGN44.9945.2244.2945.1713.9M
AlphabetGOOGL547.84556.98544.51546.4312M
VisaV83.3384.5082.7583.5710.6M
McDonald'sMCD57.5458.5057.3557.4010.4M
PepsicoPEP65.1466.1164.9165.0810.2M
Gilead SciencesGILD54.2555.4253.9654.7210.2M
International Business MachinesIBM123.14125.02122.50122.749.62M
BoeingBA76.1177.8075.6675.838.87M
United TechnologiesUTX68.6468.9467.7868.808.82M
SchlumbergerSLB104.00106.40103.67104.108.59M
3MMMM72.8374.0072.6273.027.37M
AmazonAMZN81.1383.4680.5181.106.59M
Union PacificUNP76.9977.7776.2076.885.18M
Berkshire HathawayBRK.B4163.004175.004115.004154.0018.2K
Exchange Rates of June 20, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107.320 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.016 CAD1 CAD = 0.984 USD
US DollarSwiss Franc1 USD = 1.036 CHF1 CHF = 0.966 USD
US DollarChinese Yuan1 USD = 6.880 CNY1 CNY = 0.145 USD
EuroJapanese Yen1 EUR = 167.490 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.790 GBP1 GBP = 1.266 EUR
EuroAustralian Dollar1 EUR = 1.636 AUD1 AUD = 0.611 EUR
EuroCanadian Dollar1 EUR = 1.586 CAD1 CAD = 0.631 EUR
EuroSwiss Franc1 EUR = 1.616 CHF1 CHF = 0.619 EUR
Japanese YenPound Sterling1 JPY = 0.471 GBP1 GBP = 2.122 JPY
Japanese YenAustralian Dollar1 JPY = 0.977 AUD1 AUD = 1.024 JPY
Japanese YenCanadian Dollar1 JPY = 0.946 CAD1 CAD = 1.057 JPY
Japanese YenSwiss Franc1 JPY = 0.965 CHF1 CHF = 1.037 JPY
Pound SterlingAustralian Dollar1 GBP = 2.072 AUD1 AUD = 0.483 GBP
Pound SterlingCanadian Dollar1 GBP = 2.007 CAD1 CAD = 0.498 GBP
Pound SterlingSwiss Franc1 GBP = 2.045 CHF1 CHF = 0.489 GBP
Australian DollarCanadian Dollar1 AUD = 0.968 CAD1 CAD = 1.033 AUD
Australian DollarSwiss Franc1 AUD = 0.987 CHF1 CHF = 1.013 AUD
Canadian DollarSwiss Franc1 CAD = 1.019 CHF1 CHF = 0.982 CAD

See what else happened on June 20, 2008