Financial news on June 23rd, 2010

Business and Financial news
$5 Billion Contract Is Returned to Lockheed

The military contractor won a contract to support special operations forces, reinstating a program the company lost last June to a rival. Read more..

By THE ASSOCIATED PRESS - The New York Times

A Rise in M.&A. Activity Is Seen in the Near Future

Ernst & Young is forecasting that deal-making will pick up in the second half of the year. Read more..

By CYRUS SANATI - The New York Times

Booz Allen I.P.O.: Good for Carlyle, Bad for the Firm?

Booz Allen Hamilton’s planned $300 million initial public offering may be good news for the Carlyle Group, but it could be the undoing of the company, The Washington Post’s Steven Pearlstein writes. Read more..

By DEALBOOK - The New York Times

BP Executive Prepares to Take Over Spill Response

Robert Dudley has plenty of experience dealing with a hostile government and angry citizens. Read more..

By CLIFFORD KRAUSS and ANDREW E. KRAMER - The New York Times

Deadly Assault at Mazda Plant Stuns Japan

The man was arrested about an hour after the assault on Tuesday after fleeing in his car from a Mazda plant in southwestern Japan. Read more..

By THE ASSOCIATED PRESS - The New York Times

Germany Could Cause Euro Collapse, Soros Says

Germany’s budget savings policy risks destroying the European project and a collapse of the euro cannot be ruled out, billionaire investor George Soros said in interview with German weekly Die Zeit, Reuters reported. Read more..

By DEALBOOK - The New York Times

Is G.M. Rushing Its I.P.O.?

The carmaker should demonstrate more success in turning out new products before selling shares. Read more..

By ROB COX and ANTONY CURRIE - The New York Times

JPMorgan Sets Sights Overseas

JPMorgan Chase emerged from the financial crisis as one of the strongest banks on American soil. Now it wants to make up lost ground overseas. Read more..

By DEALBOOK - The New York Times

JPMorgan Sets Sights Overseas

The chief executive, Jamie Dimon, appointed a close lieutenant to a new position with a mandate to start a global corporate banking business. Read more..

By ERIC DASH - The New York Times

K.K.R. May Postpone Listing, Report Says

Kohlberg Kravis Roberts & Company, the private-equity firm run by Henry Kravis and George Roberts, may postpone a plan to sell $500 million in new shares after moving its public listing to the U.S. from Europe, Bloomberg News reported. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.7615.8915.3715.3997.6M
MicrosoftMSFT25.7825.7825.2225.3161.5M
IntelINTC20.9421.0220.6620.8161.4M
Cisco SystemsCSCO23.1123.1422.6422.8654.1M
PfizerPFE14.9814.9814.8114.8848.3M
JPMorgan ChaseJPM38.2939.1138.0238.8945M
ExxonMobilXOM61.7162.2660.9061.1038.1M
Wells Fargo & Co.WFC27.3827.7627.1527.3236M
AppleAAPL274.58274.66267.90270.9727.4M
AT&T Inc.T25.4025.6025.3525.4425.8M
Home DepotHD30.5830.7930.2730.5024.8M
Oracle Corp.ORCL22.9723.0122.6322.6823.5M
Verizon CommunicationsVZ29.2029.4729.1429.3319.9M
ComcastCMCSA18.2318.4718.0918.1816.9M
Wal-Mart StoresWMT50.7651.0450.4050.8115.9M
ChevronCVX73.8473.9072.1572.2614.9M
ConocoPhillipsCOP54.4454.6353.3153.5114.2M
AltriaMO19.8619.9319.7119.7713.9M
Abbott LaboratoriesABT48.0448.1647.3847.5613.5M
Procter & GamblePG60.8961.5760.7161.3813.4M
MerckMRK35.2035.6634.9335.4213M
HP Inc.HPQ46.8547.4046.5046.8912.8M
Bristol-Myers SquibbBMY25.4325.4925.1425.2412.7M
Johnson & JohnsonJNJ59.1659.4258.7159.2412.7M
Coca-ColaKO52.5652.6552.0152.2410.4M
Walt Disney & Co.DIS34.3634.6334.0534.349.47M
UnitedHealth GroupUNH30.7730.9230.1230.218.36M
SchlumbergerSLB58.2358.7457.4458.338.17M
Gilead SciencesGILD35.7136.4335.6536.217.45M
Berkshire HathawayBRK.B79.4579.8977.8179.147.18M
VisaV78.9678.9676.8177.766.98M
International Business MachinesIBM129.25131.47129.09130.116.86M
PepsicoPEP63.2263.2262.3162.736.51M
BoeingBA66.4267.8865.6567.456.1M
AmgenAMGN55.7656.6455.3756.205.86M
AmazonAMZN122.11123.22120.04121.455.46M
McDonald'sMCD68.8269.3068.4768.635.44M
United TechnologiesUTX68.1868.6967.4667.995.07M
Union PacificUNP74.0774.2572.3973.964.51M
AlphabetGOOGL486.89486.89478.16482.054.05M
3MMMM80.2380.6479.4580.123.57M
Exchange Rates of June 23rd, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.940 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.039 CAD1 CAD = 0.963 USD
US DollarSwiss Franc1 USD = 1.105 CHF1 CHF = 0.905 USD
US DollarChinese Yuan1 USD = 6.812 CNY1 CNY = 0.147 USD
EuroJapanese Yen1 EUR = 110.680 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.823 GBP1 GBP = 1.215 EUR
EuroAustralian Dollar1 EUR = 1.409 AUD1 AUD = 0.710 EUR
EuroCanadian Dollar1 EUR = 1.279 CAD1 CAD = 0.782 EUR
EuroSwiss Franc1 EUR = 1.360 CHF1 CHF = 0.735 EUR
EuroChinese Yuan1 EUR = 8.387 CNY1 CNY = 0.119 EUR
Japanese YenPound Sterling1 JPY = 0.743 GBP1 GBP = 1.346 JPY
Japanese YenAustralian Dollar1 JPY = 1.271 AUD1 AUD = 0.787 JPY
Japanese YenCanadian Dollar1 JPY = 1.155 CAD1 CAD = 0.866 JPY
Japanese YenSwiss Franc1 JPY = 1.229 CHF1 CHF = 0.814 JPY
Pound SterlingAustralian Dollar1 GBP = 1.711 AUD1 AUD = 0.584 GBP
Pound SterlingCanadian Dollar1 GBP = 1.554 CAD1 CAD = 0.643 GBP
Pound SterlingSwiss Franc1 GBP = 1.653 CHF1 CHF = 0.605 GBP
Pound SterlingChinese Yuan1 GBP = 10.179 CNY1 CNY = 0.098 GBP
Australian DollarCanadian Dollar1 AUD = 0.908 CAD1 CAD = 1.101 AUD
Australian DollarSwiss Franc1 AUD = 0.965 CHF1 CHF = 1.036 AUD
Australian DollarChinese Yuan1 AUD = 5.956 CNY1 CNY = 0.168 AUD
Canadian DollarSwiss Franc1 CAD = 1.063 CHF1 CHF = 0.940 CAD
Canadian DollarChinese Yuan1 CAD = 6.555 CNY1 CNY = 0.153 CAD
Swiss FrancChinese Yuan1 CHF = 6.164 CNY1 CNY = 0.162 CHF

See what else happened on June 23rd, 2010