Financial news on May 27, 2010
Business and Financial news
Two are accused of offering to sell confidential earnings information to more than 30 hedge funds in the United States and Europe. Read more..
Stocks gained ground on Wednesday morning, buoyed by better economic news on durable goods orders. But in the last hour of trading, the markets slipped, and for the first time in months, the Dow closed below 10,000. Read more..
Market sentiment remained fragile as the air went out of a rally driven by investors seeking bargains. Read more..
Using Ubuntu Linux to import and edit photos from a digital camera. Read more..
A European Union official proposed Wednesday that member states tax banks to raise money for a fund that would be used specifically to manage future financial crises. Read more..
Facebook’s network is a weakness as well as a strength because it greatly amplifies the company’s problems. Read more..
Mobile apps are giving gossip-hungry consumers the same photos and news as the glossy magazines, with less cost and less of a wait. Read more..
A state panel is revamping the investment strategy for New Mexico’s $13 billion in permanent funds, including moving more capital in private equity, among other shifts, in the hopes of ensuring they remain a stable source of financing for public education, The Associated Press reported. Read more..
The threat of overheating in parts of Asia and Europe’s budget deficit woes are raising warning signs, the O.E.C.D. said Wednesday. Read more..
Michigan said that UBS Securities and UBS Financial Services have agreed to pay about $2.2 million as part of a 2008 settlement related to the sale of auction-rate securities, The Associated Press reported. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 25.73 | 26.36 | 25.73 | 26.00 | 136M |
Intel | INTC | 21.16 | 21.80 | 21.12 | 21.76 | 83.2M |
General Electric | GE | 16.42 | 16.68 | 16.14 | 16.66 | 70.1M |
Pfizer | PFE | 15.34 | 15.45 | 15.17 | 15.37 | 67M |
Cisco Systems | CSCO | 23.39 | 23.68 | 23.02 | 23.67 | 59.8M |
Wells Fargo & Co. | WFC | 28.71 | 29.48 | 28.50 | 29.41 | 48.9M |
JPMorgan Chase | JPM | 39.58 | 40.49 | 39.40 | 40.42 | 44.8M |
ExxonMobil | XOM | 60.50 | 61.55 | 60.10 | 61.46 | 31.9M |
Merck | MRK | 32.92 | 33.67 | 32.78 | 33.62 | 30.6M |
Johnson & Johnson | JNJ | 59.74 | 59.89 | 58.71 | 59.03 | 29.9M |
Oracle Corp. | ORCL | 22.35 | 22.61 | 22.27 | 22.58 | 29.9M |
AT&T Inc. | T | 24.41 | 24.66 | 24.25 | 24.63 | 27.6M |
Altria | MO | 20.45 | 20.63 | 20.31 | 20.54 | 26.7M |
Comcast | CMCSA | 17.99 | 18.34 | 17.91 | 18.33 | 26.1M |
Apple | AAPL | 250.60 | 253.89 | 249.11 | 253.35 | 23.8M |
Schlumberger | SLB | 60.58 | 61.08 | 58.60 | 60.02 | 20.6M |
ConocoPhillips | COP | 50.90 | 52.23 | 50.31 | 52.21 | 20.3M |
Verizon Communications | VZ | 27.22 | 27.59 | 27.01 | 27.58 | 18.7M |
HP Inc. | HPQ | 46.37 | 47.09 | 46.35 | 46.94 | 17.9M |
Abbott Laboratories | ABT | 47.85 | 48.13 | 47.26 | 47.87 | 16.8M |
Gilead Sciences | GILD | 35.50 | 36.29 | 35.25 | 36.24 | 16.5M |
Home Depot | HD | 34.51 | 34.68 | 34.18 | 34.55 | 16.4M |
Walt Disney & Co. | DIS | 33.60 | 34.37 | 33.48 | 34.37 | 16.2M |
Chevron | CVX | 73.13 | 74.36 | 72.30 | 74.36 | 15.3M |
Procter & Gamble | PG | 60.88 | 61.17 | 60.61 | 60.95 | 15M |
Wal-Mart Stores | WMT | 50.52 | 50.73 | 50.32 | 50.70 | 14M |
Coca-Cola | KO | 50.61 | 51.25 | 50.26 | 51.23 | 11.3M |
Bristol-Myers Squibb | BMY | 23.07 | 23.35 | 23.01 | 23.34 | 10.7M |
Visa | V | 75.00 | 75.19 | 72.91 | 73.69 | 9.77M |
McDonald's | MCD | 66.41 | 67.20 | 66.02 | 67.20 | 9.73M |
Pepsico | PEP | 61.97 | 62.93 | 61.52 | 62.90 | 9.43M |
International Business Machines | IBM | 125.05 | 126.39 | 124.77 | 126.39 | 7.73M |
Boeing | BA | 64.86 | 65.23 | 63.91 | 65.13 | 7.44M |
Amgen | AMGN | 51.03 | 51.45 | 50.66 | 51.43 | 7.33M |
Berkshire Hathaway | BRK.B | 71.09 | 73.42 | 71.09 | 73.35 | 6.53M |
UnitedHealth Group | UNH | 29.31 | 29.32 | 28.85 | 29.32 | 6.5M |
Alphabet | GOOGL | 484.86 | 492.31 | 481.05 | 490.46 | 5.61M |
Union Pacific | UNP | 70.20 | 71.55 | 70.20 | 71.55 | 5.08M |
United Technologies | UTX | 67.34 | 68.11 | 66.99 | 68.11 | 5.08M |
Amazon | AMZN | 124.98 | 126.85 | 120.60 | 126.70 | 4.75M |
3M | MMM | 80.41 | 81.53 | 80.04 | 81.43 | 4.55M |
Exchange Rates of May 27, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 90.940 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.050 CAD | 1 CAD = 0.953 USD |
US Dollar | Swiss Franc | 1 USD = 1.152 CHF | 1 CHF = 0.868 USD |
US Dollar | Chinese Yuan | 1 USD = 6.831 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 112.380 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.848 GBP | 1 GBP = 1.179 EUR |
Euro | Australian Dollar | 1 EUR = 1.452 AUD | 1 AUD = 0.689 EUR |
Euro | Canadian Dollar | 1 EUR = 1.296 CAD | 1 CAD = 0.771 EUR |
Euro | Swiss Franc | 1 EUR = 1.423 CHF | 1 CHF = 0.703 EUR |
Euro | Chinese Yuan | 1 EUR = 8.442 CNY | 1 CNY = 0.118 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.755 GBP | 1 GBP = 1.325 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.292 AUD | 1 AUD = 0.774 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.154 CAD | 1 CAD = 0.867 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.266 CHF | 1 CHF = 0.790 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.712 AUD | 1 AUD = 0.584 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.529 CAD | 1 CAD = 0.654 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.677 CHF | 1 CHF = 0.596 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 9.947 CNY | 1 CNY = 0.101 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.893 CAD | 1 CAD = 1.120 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.980 CHF | 1 CHF = 1.021 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.814 CNY | 1 CNY = 0.172 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.096 CHF | 1 CHF = 0.912 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.509 CNY | 1 CNY = 0.154 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 5.929 CNY | 1 CNY = 0.169 CHF |
See what else happened on May 27, 2010