Financial news on June 26, 2009

Business and Financial news
2 G.M. Michigan Sites Said to Remain

The state apparently won a three-state battle to be the site where G.M. will build a new small car. Read more..

By NICK BUNKLEY - The New York Times

Auto Supplier Said to Prepare for Chapter 11

The company, one of the largest makers of car seats, is preparing to seek bankruptcy protection as soon as next week. Read more..

By MICHAEL J. de la MERCED - The New York Times

Bernanke Defends Role on Merrill

In testimony before a House committee, the Federal Reserve chief said he did not pressure bank management to complete the deal. Read more..

By EDMUND L. ANDREWS - The New York Times

Et Tu, AARP? Good Guys Cut 401(k)s, Too

The AARP saving cash by cutting the match to its 401(k) plan is akin to the Teamsters hiring nonunion labor. Read more..

By RON LIEBER - The New York Times

Hartmarx Wins Court’s Approval for a Sale

The bankrupt suit maker is to be sold to a British private equity firm, Emerisque Brands, though its biggest creditor, Wells Fargo, had argued that Emerisque’s original offer was too low. Read more..

By BLOOMBERG NEWS - The New York Times

In Brazil, Sun and Sand Beaches Lure Buyers to Recife

Despite the global downturn, an oceanfront district in the port city continues to see real estate prices hold firm. Read more..

By NICK FOSTER - International Herald Tribune

Mystery of Fake U.S. Bonds Fuels Web Theories

The Internet has been abuzz with theories about attempts to smuggle a purported $134.5 billion in government bearer bonds into Switzerland. Read more..

By ELISABETTA POVOLEDO - The New York Times

Obama and Congress Clash on How to Pay for Health Care

The president is unwilling to deepen the deficit, but House and Senate leaders do not like his proposals or one another’s. Read more..

By JACKIE CALMES - The New York Times

Senate Confirms New Chairman to Lead F.C.C.

Senators also approved Robert M. McDowell to serve a second term on the Federal Communications Commission. Two more nominees remain unconfirmed. Read more..

By BLOOMBERG NEWS - The New York Times

With Vote on F-22 Jet, Panel Defies Veto Threat

White House aides are expected to pressure Congress to support budget cuts that the Defense secretary announced in April. Read more..

By CHRISTOPHER DREW - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 16.18 16.43 16.14 16.29 70.3M
General Electric GE 11.90 12.00 11.70 11.75 68.1M
Microsoft MSFT 23.57 23.69 23.32 23.35 65.1M
Wells Fargo & Co. WFC 23.74 24.08 23.50 23.87 62.7M
Cisco Systems CSCO 18.92 19.16 18.85 18.91 47.2M
JPMorgan Chase JPM 33.88 34.74 33.48 34.45 46.7M
Pfizer PFE 15.23 15.37 14.98 15.19 43.3M
Oracle Corp. ORCL 21.54 21.54 21.15 21.24 37M
Johnson & Johnson JNJ 56.21 56.60 55.65 56.60 32.3M
Comcast CMCSA 14.22 14.41 14.02 14.22 32.1M
Amgen AMGN 51.44 52.95 51.01 52.80 31.1M
ExxonMobil XOM 69.67 69.79 68.86 69.05 27.7M
Procter & Gamble PG 51.46 52.03 51.05 51.75 25.1M
HP Inc. HPQ 38.11 38.32 37.53 37.61 23M
Merck MRK 26.48 27.06 26.34 27.00 22.7M
Wal-Mart Stores WMT 49.04 49.06 48.43 48.63 20.5M
AT&T Inc. T 24.77 24.90 24.61 24.82 19.9M
Home Depot HD 23.47 24.06 23.42 23.61 18.9M
Altria MO 16.54 16.56 16.34 16.48 17.9M
Bristol-Myers Squibb BMY 20.88 21.00 20.58 20.96 17.3M
Abbott Laboratories ABT 47.88 48.13 47.29 47.43 17.1M
Schlumberger SLB 54.90 55.35 54.26 54.48 15.8M
Apple AAPL 139.79 143.56 139.74 142.44 15.7M
Boeing BA 42.11 42.78 41.50 41.88 15.6M
UnitedHealth Group UNH 24.93 25.24 24.55 24.77 15.6M
ConocoPhillips COP 41.83 41.96 41.32 41.62 15.1M
Coca-Cola KO 47.72 48.29 47.63 48.13 13.1M
United Technologies UTX 51.74 52.08 51.19 51.55 12.3M
Walt Disney & Co. DIS 23.42 23.56 23.15 23.43 12.1M
Verizon Communications VZ 31.00 31.12 30.75 30.99 11.7M
Chevron CVX 66.61 66.61 65.78 65.95 11M
Pepsico PEP 53.72 54.90 53.50 54.70 8.84M
Amazon AMZN 81.90 84.14 81.13 83.88 8.78M
McDonald's MCD 57.39 57.40 56.75 57.00 8.2M
Union Pacific UNP 52.93 53.55 52.41 53.30 7.44M
Gilead Sciences GILD 47.07 47.73 47.07 47.52 7.2M
Alphabet GOOGL 413.68 428.23 413.11 425.32 6.51M
International Business Machines IBM 106.50 106.50 105.05 105.68 5.13M
Visa V 61.82 63.82 61.56 63.82 4.94M
3M MMM 58.81 59.47 58.67 59.26 2.99M
Berkshire Hathaway BRK.B 2800.00 2819.00 2795.00 2801.00 20.7K
Exchange Rates of June 26, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 95.130 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.153 CAD 1 CAD = 0.867 USD
US Dollar Swiss Franc 1 USD = 1.084 CHF 1 CHF = 0.923 USD
US Dollar Chinese Yuan 1 USD = 6.834 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 133.910 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.851 GBP 1 GBP = 1.175 EUR
Euro Australian Dollar 1 EUR = 1.740 AUD 1 AUD = 0.575 EUR
Euro Canadian Dollar 1 EUR = 1.619 CAD 1 CAD = 0.618 EUR
Euro Swiss Franc 1 EUR = 1.522 CHF 1 CHF = 0.657 EUR
Euro Chinese Yuan 1 EUR = 9.605 CNY 1 CNY = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.636 GBP 1 GBP = 1.574 JPY
Japanese Yen Australian Dollar 1 JPY = 1.300 AUD 1 AUD = 0.769 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.210 CAD 1 CAD = 0.826 JPY
Japanese Yen Swiss Franc 1 JPY = 1.138 CHF 1 CHF = 0.879 JPY
Pound Sterling Australian Dollar 1 GBP = 2.050 AUD 1 AUD = 0.488 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.905 CAD 1 CAD = 0.525 GBP
Pound Sterling Swiss Franc 1 GBP = 1.789 CHF 1 CHF = 0.559 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.931 CAD 1 CAD = 1.075 AUD
Australian Dollar Swiss Franc 1 AUD = 0.875 CHF 1 CHF = 1.143 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.519 CNY 1 CNY = 0.181 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.940 CHF 1 CHF = 1.064 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.925 CNY 1 CNY = 0.169 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.307 CNY 1 CNY = 0.159 CHF

See what else happened on June 26, 2009