Financial news on May 26th, 2010
Business and Financial news
Before employers take on new office space, they need to fill their “shadow space” — desks and offices left vacant by layoffs in the recession. Read more..
Fearful of becoming the next Greece, European governments are lining up to demonstrate to investors, who have long helped finance their spending, that an era of austerity has begun. Read more..
Though few experts expect another recession soon, many fear that Europe’s debt problems could cause the American recovery to be slower and more difficult. Read more..
Laurence D. Fink, the chairman and chief executive of BlackRock, said that he’s frightened by the European sovereign debt crisis, but thinks the euro will survive. Read more..
Like a mechanic with a wrench in one hand, the steering wheel in the other, and one foot always on the gas, governments are trying to repair their economies without pulling over or slowing down. Read more..
Medtronic captured about two-thirds of the American market share lost by Boston Scientific during its monthlong suspension of defibrillator sales. Read more..
Regulators are seeking to make the financial system safer while not harming the ability of banks to lend. Read more..
American venture capitalists were invited to review a giant technology park near Moscow, part of a Russian effort to diversify the nation’s economy. Read more..
A 19-year-old Foxconn employee was found dead, the ninth suicide this year at a factory operated by one of the world’s largest contract electronics manufacturers. Read more..
Shareholders of bankrupt Washington Mutual asked a federal judge for permission to investigate JPMorgan Chase for its role in the failure of Washington Mutual Bank, Reuters reported. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 26,23 | 26,61 | 24,56 | 25,01 | 177M |
Pfizer | PFE | 15,11 | 15,41 | 15,00 | 15,11 | 92.2M |
Intel | INTC | 21,10 | 21,50 | 20,70 | 20,70 | 85.7M |
General Electric | GE | 16,35 | 16,49 | 15,97 | 16,01 | 83.3M |
Cisco Systems | CSCO | 23,56 | 23,75 | 22,84 | 22,89 | 72.5M |
Wells Fargo & Co. | WFC | 29,23 | 29,34 | 27,70 | 28,04 | 62.4M |
JPMorgan Chase | JPM | 39,19 | 39,50 | 38,47 | 38,78 | 50.7M |
Oracle Corp. | ORCL | 22,32 | 22,62 | 21,75 | 21,91 | 43.3M |
Comcast | CMCSA | 17,76 | 18,46 | 17,65 | 17,72 | 42.4M |
AT&T Inc. | T | 24,31 | 24,42 | 24,02 | 24,13 | 37.7M |
ExxonMobil | XOM | 60,08 | 60,46 | 59,12 | 59,31 | 34M |
Apple | AAPL | 250,08 | 252,13 | 243,75 | 244,11 | 30.4M |
Verizon Communications | VZ | 27,51 | 27,51 | 26,80 | 26,93 | 30M |
Merck | MRK | 31,98 | 32,85 | 31,84 | 32,42 | 26.3M |
Abbott Laboratories | ABT | 47,56 | 48,00 | 46,94 | 47,17 | 25.5M |
Home Depot | HD | 34,55 | 34,95 | 33,93 | 34,04 | 25.4M |
Walt Disney & Co. | DIS | 32,51 | 33,85 | 32,14 | 33,07 | 25.3M |
Altria | MO | 20,66 | 20,69 | 20,14 | 20,16 | 25.1M |
Gilead Sciences | GILD | 36,21 | 36,70 | 34,78 | 34,82 | 21.9M |
HP Inc. | HPQ | 46,26 | 46,75 | 45,59 | 45,72 | 21.6M |
Wal-Mart Stores | WMT | 50,36 | 50,60 | 50,01 | 50,02 | 19.1M |
Johnson & Johnson | JNJ | 60,83 | 60,83 | 59,65 | 59,66 | 18.9M |
Procter & Gamble | PG | 60,87 | 61,21 | 60,33 | 60,44 | 17.4M |
ConocoPhillips | COP | 50,25 | 50,69 | 49,40 | 49,57 | 17.4M |
Schlumberger | SLB | 59,33 | 60,34 | 58,65 | 58,75 | 17.3M |
Chevron | CVX | 73,19 | 73,50 | 71,44 | 71,55 | 16.9M |
Coca-Cola | KO | 50,83 | 50,88 | 49,94 | 50,08 | 16.3M |
Pepsico | PEP | 63,06 | 63,06 | 61,04 | 61,23 | 15.2M |
Bristol-Myers Squibb | BMY | 23,03 | 23,07 | 22,64 | 22,72 | 14.2M |
McDonald's | MCD | 67,89 | 68,06 | 66,00 | 66,01 | 11.5M |
Visa | V | 74,14 | 75,19 | 73,36 | 73,40 | 11.1M |
Amgen | AMGN | 52,44 | 52,44 | 50,32 | 50,36 | 11M |
UnitedHealth Group | UNH | 29,05 | 29,55 | 28,77 | 28,79 | 9.61M |
International Business Machines | IBM | 124,89 | 125,94 | 123,00 | 123,23 | 9.08M |
Boeing | BA | 63,60 | 65,41 | 63,00 | 63,26 | 7.39M |
Amazon | AMZN | 125,05 | 125,79 | 122,30 | 123,21 | 6.96M |
Alphabet | GOOGL | 482,07 | 489,76 | 475,00 | 475,47 | 6.94M |
United Technologies | UTX | 66,82 | 67,75 | 66,00 | 66,15 | 6.56M |
Union Pacific | UNP | 69,21 | 71,33 | 68,67 | 70,12 | 5.43M |
Berkshire Hathaway | BRK.B | 71,48 | 71,48 | 70,16 | 70,32 | 5.41M |
3M | MMM | 80,00 | 80,69 | 79,03 | 79,17 | 4.72M |
Exchange Rates of May 26th, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 89,970 JPY | 1 JPY = 0,011 USD |
US Dollar | Canadian Dollar | 1 USD = 1,070 CAD | 1 CAD = 0,934 USD |
US Dollar | Swiss Franc | 1 USD = 1,160 CHF | 1 CHF = 0,862 USD |
US Dollar | Chinese Yuan | 1 USD = 6,829 CNY | 1 CNY = 0,146 USD |
Euro | Japanese Yen | 1 EUR = 109,380 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,846 GBP | 1 GBP = 1,182 EUR |
Euro | Australian Dollar | 1 EUR = 1,478 AUD | 1 AUD = 0,677 EUR |
Euro | Canadian Dollar | 1 EUR = 1,302 CAD | 1 CAD = 0,768 EUR |
Euro | Swiss Franc | 1 EUR = 1,412 CHF | 1 CHF = 0,708 EUR |
Euro | Chinese Yuan | 1 EUR = 8,302 CNY | 1 CNY = 0,120 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,773 GBP | 1 GBP = 1,293 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,352 AUD | 1 AUD = 0,740 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,190 CAD | 1 CAD = 0,841 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,290 CHF | 1 CHF = 0,775 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,747 AUD | 1 AUD = 0,572 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,539 CAD | 1 CAD = 0,650 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,669 CHF | 1 CHF = 0,599 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9,805 CNY | 1 CNY = 0,102 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,880 CAD | 1 CAD = 1,136 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,955 CHF | 1 CHF = 1,048 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5,611 CNY | 1 CNY = 0,178 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,084 CHF | 1 CHF = 0,922 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,375 CNY | 1 CNY = 0,157 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5,880 CNY | 1 CNY = 0,170 CHF |
See what else happened on May 26th, 2010