Financial news on June 26th, 2008
Business and Financial news
The board of the brewing company Anheuser-Busch is planning to reject InBev’s unsolicited $46.4 billion takeover bid this week, people close to the company said. Read more..
The British bank joined rivals in tapping the wealth of Asian and Middle Eastern investors to strengthen its capital base in a sign of continuing fallout from the subprime mortgage turmoil. Read more..
The LG Decoy has a detachable Bluetooth headset that is built into the back of the phone so the earpiece is there when you need to make a hands-free call. Read more..
The decision to halt a stream of rate cuts signaled concern that rising oil prices will push up the costs of goods and services. Read more..
Mr. Hurwicz shared the Nobel Prize in economics last year for his work on mechanism design theory, which helps explain the interaction among individuals, markets and institutions. Read more..
The deal comes months after Visa paid more than $2.1 billion to American Express over similar antitrust claims. Read more..
I can’t select the TV Out menu option on my new iPod when it is connected to my television with an iPod video cable. Is there another setting I need to adjust to play videos from my iPod on the TV screen? Read more..
Republicans want to end the ban on offshore drilling, while Democrats want to force companies to speed up exploration in certain offshore areas that they already control. Read more..
Research in Motion said that its first quarter profit was more than double that of last year. But the result fell short of analysts’ estimates, causing the company’s shares to fall in after-hours trading. Read more..
The Google Preview browser extension adds a small thumbnail image of each hit on your results page to help you see what you’re getting before you click the link Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 27.66 | 27.66 | 26.51 | 26.53 | 87.4M |
| Oracle Corp. | ORCL | 21.73 | 22.22 | 21.42 | 21.42 | 70M |
| Microsoft | MSFT | 27.95 | 28.20 | 27.75 | 27.75 | 67M |
| Wells Fargo & Co. | WFC | 24.79 | 25.31 | 24.07 | 24.07 | 59.1M |
| Intel | INTC | 22.30 | 22.52 | 21.59 | 21.59 | 56.5M |
| Pfizer | PFE | 17.78 | 18.02 | 17.17 | 17.17 | 54.8M |
| JPMorgan Chase | JPM | 37.15 | 37.58 | 36.20 | 36.32 | 45.7M |
| Cisco Systems | CSCO | 24.31 | 24.50 | 23.82 | 23.82 | 45.1M |
| AT&T Inc. | T | 34.78 | 34.78 | 33.47 | 33.47 | 36.6M |
| Apple | AAPL | 174.14 | 174.84 | 168.01 | 168.26 | 31.1M |
| ExxonMobil | XOM | 87.87 | 88.52 | 86.37 | 86.41 | 26.3M |
| Comcast | CMCSA | 18.95 | 19.05 | 18.60 | 18.61 | 22.7M |
| Wal-Mart Stores | WMT | 57.75 | 58.27 | 56.83 | 56.83 | 21.1M |
| Verizon Communications | VZ | 35.49 | 35.49 | 34.31 | 34.31 | 20.5M |
| Walt Disney & Co. | DIS | 32.16 | 32.29 | 31.52 | 31.53 | 19.8M |
| ConocoPhillips | COP | 94.06 | 94.54 | 92.01 | 92.62 | 19.7M |
| Visa | V | 80.60 | 80.74 | 78.02 | 79.10 | 19.1M |
| Home Depot | HD | 25.23 | 25.37 | 24.61 | 24.66 | 18.9M |
| HP Inc. | HPQ | 45.25 | 45.25 | 44.26 | 44.67 | 17.6M |
| Merck | MRK | 36.80 | 37.15 | 36.12 | 36.20 | 16M |
| Coca-Cola | KO | 53.92 | 54.62 | 53.13 | 53.22 | 15.3M |
| Procter & Gamble | PG | 63.22 | 63.88 | 62.23 | 62.25 | 15.2M |
| Bristol-Myers Squibb | BMY | 20.26 | 20.30 | 19.66 | 19.67 | 14.7M |
| Chevron | CVX | 99.13 | 100.22 | 97.41 | 97.41 | 14.6M |
| United Technologies | UTX | 65.41 | 65.68 | 62.65 | 62.79 | 14.6M |
| Abbott Laboratories | ABT | 53.86 | 53.86 | 52.62 | 52.74 | 13.4M |
| UnitedHealth Group | UNH | 26.48 | 27.30 | 25.89 | 25.97 | 12.4M |
| Johnson & Johnson | JNJ | 64.68 | 65.35 | 64.26 | 64.26 | 12.4M |
| Altria | MO | 21.05 | 21.49 | 20.97 | 20.97 | 12.1M |
| Amazon | AMZN | 79.00 | 79.89 | 76.00 | 76.30 | 11.3M |
| Alphabet | GOOGL | 544.59 | 544.93 | 528.26 | 528.82 | 11.3M |
| Boeing | BA | 68.75 | 70.39 | 68.05 | 68.21 | 11M |
| Amgen | AMGN | 46.48 | 46.89 | 46.25 | 46.36 | 10.5M |
| McDonald's | MCD | 57.48 | 58.10 | 56.41 | 56.45 | 10.5M |
| International Business Machines | IBM | 123.43 | 123.82 | 120.76 | 121.13 | 9.71M |
| Schlumberger | SLB | 105.33 | 107.19 | 102.75 | 105.01 | 8.33M |
| Pepsico | PEP | 64.68 | 65.67 | 64.68 | 64.77 | 8.01M |
| 3M | MMM | 72.29 | 72.30 | 70.24 | 70.26 | 7.37M |
| Gilead Sciences | GILD | 54.00 | 54.28 | 52.94 | 52.94 | 7.28M |
| Union Pacific | UNP | 74.19 | 75.22 | 72.68 | 72.99 | 5M |
| Berkshire Hathaway | BRK.B | 4058.00 | 4078.00 | 4003.00 | 4037.50 | 26.2K |
Exchange Rates of June 26th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 106.850 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.013 CAD | 1 CAD = 0.987 USD |
| US Dollar | Swiss Franc | 1 USD = 1.024 CHF | 1 CHF = 0.976 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.866 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 168.290 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.792 GBP | 1 GBP = 1.263 EUR |
| Euro | Australian Dollar | 1 EUR = 1.649 AUD | 1 AUD = 0.607 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.596 CAD | 1 CAD = 0.627 EUR |
| Euro | Swiss Franc | 1 EUR = 1.613 CHF | 1 CHF = 0.620 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.470 GBP | 1 GBP = 2.126 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.979 AUD | 1 AUD = 1.021 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.948 CAD | 1 CAD = 1.055 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.958 CHF | 1 CHF = 1.044 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.082 AUD | 1 AUD = 0.480 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.015 CAD | 1 CAD = 0.496 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.036 CHF | 1 CHF = 0.491 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.967 CAD | 1 CAD = 1.034 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.978 CHF | 1 CHF = 1.023 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.011 CHF | 1 CHF = 0.990 CAD |
See what else happened on June 26th, 2008