Financial news on June 28, 2010

Business and Financial news
Austrian Banks That Profited in Eastern Europe Now Share Region’s Problems

Bad loans Austrian banks made to Eastern Europe are rising, albeit at a more moderate pace than a few months ago, and profits are down. Read more..

By JACK EWING - The New York Times

Behind the Survival of Sarbanes-Oxley

White Collar Watch examines the Supreme Court’s anticlimatic decision involving the Public Company Accounting Oversight Board and the Sarbanes-Oxley Act. Read more..

By PETER J. HENNING - The New York Times

BP Loses Trading-Floor Swagger in Energy Markets

The future of BP’s trading unit is uncertain as oil spill costs mount and rival firms try to lure away traders. Read more..

By DEALBOOK - The New York Times

New Horizon Plans $560 Million Fund

New Horizon Capital, the Japanese private equity firm, planned to raise up to $560 million for a second fund for investments in small and medium-sized firms, Reuters reported. Read more..

By DEALBOOK - The New York Times

Police in Toronto Criticized for Treatment of Protesters, Many Peaceful

The police arrested more than 600 people over the weekend at the Group of 20 summit meeting, using tear gas and physical force. Read more..

By IAN AUSTEN - The New York Times

Rules May Hit Every Corner of JPMorgan

No institution better illustrates what would — and would not — change under this era’s regulatory overhaul than JPMorgan Chase, the figurative heir to the mighty House of Morgan. Read more..

By DEALBOOK - The New York Times

When Capitalism Meets Cannabis

One of the odder experiments in the recent history of American capitalism is unfolding in Colorado: the country’s first attempt at fully regulating, licensing and taxing a for-profit marijuana trade. Read more..

By DEALBOOK - The New York Times

World Leaders Agree on Timetable for Cutting Deficits

The Group of 20 countries endorsed a goal of cutting deficits by 2013, despite concern by the U.S. that reducing spending too quickly might set back the fragile global recovery. Read more..

By SEWELL CHAN and JACKIE CALMES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 24.51 24.61 24.12 24.31 73.8M
General Electric GE 14.96 15.21 14.91 15.00 60.4M
Intel INTC 20.11 20.59 19.91 20.36 54.5M
Altria MO 19.69 20.89 19.69 20.34 47.7M
Pfizer PFE 14.69 14.78 14.50 14.54 44.6M
Cisco Systems CSCO 22.30 22.75 22.29 22.42 43.4M
Comcast CMCSA 17.71 18.19 17.62 18.11 43.1M
ExxonMobil XOM 59.31 59.39 58.47 58.47 43M
JPMorgan Chase JPM 39.55 39.64 38.47 38.54 40M
Wells Fargo & Co. WFC 27.24 27.34 26.82 27.03 31.7M
Oracle Corp. ORCL 22.84 22.85 22.39 22.45 24.6M
AT&T Inc. T 24.88 25.18 24.85 24.95 21.8M
Apple AAPL 266.93 269.75 264.52 268.30 20.9M
Berkshire Hathaway BRK.B 81.26 81.36 80.89 81.02 17.6M
Home Depot HD 30.15 30.23 29.58 29.59 15.5M
Wal-Mart Stores WMT 49.06 49.77 49.01 49.57 14.7M
Procter & Gamble PG 60.00 60.94 59.57 60.62 14.1M
Verizon Communications VZ 28.73 28.85 28.54 28.71 14.1M
Merck MRK 36.13 36.14 35.57 35.94 13.7M
ConocoPhillips COP 51.92 52.00 51.16 51.19 13.5M
HP Inc. HPQ 45.89 46.46 45.61 46.07 13.1M
Bristol-Myers Squibb BMY 25.64 25.68 25.30 25.57 13M
Coca-Cola KO 50.73 51.38 50.61 51.08 11.8M
Abbott Laboratories ABT 47.25 47.60 47.04 47.18 11.4M
Chevron CVX 70.56 70.57 69.63 69.96 10.9M
UnitedHealth Group UNH 29.87 30.33 29.12 29.19 9.88M
Schlumberger SLB 57.85 58.29 57.07 57.34 8.83M
Pepsico PEP 61.12 62.17 61.00 61.96 8.53M
Walt Disney & Co. DIS 33.56 33.76 33.05 33.22 7.8M
Gilead Sciences GILD 36.48 36.49 35.49 35.77 6.49M
International Business Machines IBM 127.65 129.47 127.22 128.98 6.34M
Amgen AMGN 56.05 56.09 55.00 55.41 6.2M
Amazon AMZN 118.85 120.04 117.10 117.80 5.61M
Boeing BA 68.43 68.62 67.26 67.30 5.52M
Visa V 76.99 77.29 75.15 75.22 5.13M
McDonald's MCD 67.58 67.89 67.25 67.33 4.43M
Johnson & Johnson JNJ 58.99 59.79 58.81 59.45 3.83M
Alphabet GOOGL 472.59 477.55 469.01 472.08 3.52M
United Technologies UTX 67.91 67.96 66.82 67.11 3.32M
3M MMM 78.95 79.73 78.29 78.98 3.09M
Union Pacific UNP 73.10 73.62 72.38 72.67 2.3M
Exchange Rates of June 28, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 89.370 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.036 CAD 1 CAD = 0.966 USD
US Dollar Swiss Franc 1 USD = 1.087 CHF 1 CHF = 0.920 USD
US Dollar Chinese Yuan 1 USD = 6.797 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 109.740 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.813 GBP 1 GBP = 1.230 EUR
Euro Australian Dollar 1 EUR = 1.409 AUD 1 AUD = 0.710 EUR
Euro Canadian Dollar 1 EUR = 1.271 CAD 1 CAD = 0.787 EUR
Euro Swiss Franc 1 EUR = 1.335 CHF 1 CHF = 0.749 EUR
Euro Chinese Yuan 1 EUR = 8.344 CNY 1 CNY = 0.120 EUR
Japanese Yen Pound Sterling 1 JPY = 0.741 GBP 1 GBP = 1.350 JPY
Japanese Yen Australian Dollar 1 JPY = 1.283 AUD 1 AUD = 0.779 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.158 CAD 1 CAD = 0.863 JPY
Japanese Yen Swiss Franc 1 JPY = 1.216 CHF 1 CHF = 0.822 JPY
Pound Sterling Australian Dollar 1 GBP = 1.731 AUD 1 AUD = 0.578 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.563 CAD 1 CAD = 0.640 GBP
Pound Sterling Swiss Franc 1 GBP = 1.641 CHF 1 CHF = 0.610 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.253 CNY 1 CNY = 0.098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.903 CAD 1 CAD = 1.108 AUD
Australian Dollar Swiss Franc 1 AUD = 0.947 CHF 1 CHF = 1.056 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.924 CNY 1 CNY = 0.169 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.049 CHF 1 CHF = 0.953 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.558 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.252 CNY 1 CNY = 0.160 CHF

See what else happened on June 28, 2010