Financial news on August 03, 2010

Business and Financial news
$600 Million Countrywide Settlement

The lender agreed to pay $600 million to settle shareholder lawsuits in the largest payout so far from the mortgage crisis. Read more..

By THE ASSOCIATED PRESS - The New York Times

Audit Finds Problems in Cattlemen’s Spending

A cattle industry group improperly used marketing money, raised from ranchers and farmers, to support its lobbying arm, a review found. Read more..

By WILLIAM NEUMAN - The New York Times

Chinese Carmaker Geely Completes Acquisition of Volvo From Ford

The Chinese automaker named Stefan Jacoby, the former head of Volkswagen of America, to head the company. Read more..

By CHRIS V. NICHOLSON - The New York Times

Earnings and Overseas News Lead Broad Rally

Two big banks in Europe posted strong profits, and a report showed that the United States manufacturing industry was stronger than expected. Read more..

By CHRISTINE HAUSER - The New York Times

Earnings at HSBC and BNP Lift Banks

HSBC posted a profit of $6.76 billion in the six months through the end of June, while BNP reported earnings of $2.78 billion in the second quarter. Read more..

By JULIA WERDIGIER - The New York Times

Humana Posts a Profit Increase of 21%

The health insurance giant earned $340.1 million on revenue of $8.65 billion in its second quarter. Read more..

By THE ASSOCIATED PRESS - The New York Times

Hungary Lays Blame for Crisis on Its Central Bank

Hungary’s new prime minister, who is bucking the trend of austerity in Europe, is laying blame for economic contraction on the head of its central bank. Read more..

By DEALBOOK - The New York Times

Manufacturing Grows, But Pace Slows Further

Manufacturing moved up for a 12th month, and the Institute for Supply Management said many factories expressed an interest in hiring. Read more..

By REUTERS - The New York Times

Occidental Shares Unmoved as Investors Plan Fight

Shares in Occidental Petroleum changed little in response to news that two investors are organizing a proxy fight aimed at changing the oil company’s compensation and succession policies. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Sorkin: Punishing Citi, or Its Shareholders?

On its face, the S.E.C. settlement with Citigroup looks like a victory for the good guys, but the bank’s shareholders are really the ones paying the $75 million fine. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Pfizer PFE 16,00 16,48 15,95 16,34 159M
Intel INTC 21,01 21,03 20,71 20,87 60.9M
Microsoft MSFT 26,20 26,35 25,97 26,16 56.9M
General Electric GE 16,39 16,52 16,36 16,40 55.1M
ExxonMobil XOM 61,98 62,99 61,88 62,72 31.1M
JPMorgan Chase JPM 41,50 41,65 40,87 41,08 30M
Wells Fargo & Co. WFC 28,45 28,49 27,94 28,12 29.5M
Cisco Systems CSCO 23,84 23,89 23,62 23,82 27.1M
Procter & Gamble PG 59,86 60,20 59,55 59,94 24.4M
AT&T Inc. T 26,60 26,89 26,58 26,69 24.4M
Abbott Laboratories ABT 49,91 50,61 49,76 50,00 18.9M
Verizon Communications VZ 29,64 29,80 29,38 29,54 18.4M
Oracle Corp. ORCL 24,31 24,35 24,06 24,21 16.4M
Apple AAPL 261,01 263,26 259,42 261,93 14.9M
Merck MRK 35,10 35,25 34,48 34,82 14.6M
Comcast CMCSA 19,42 19,50 19,04 19,21 14.4M
ConocoPhillips COP 56,87 57,89 56,80 57,56 13M
Chevron CVX 77,92 79,12 77,81 78,66 11.8M
Home Depot HD 29,09 29,18 28,41 28,45 11.7M
Schlumberger SLB 61,84 63,37 61,84 62,86 11.7M
Johnson & Johnson JNJ 58,75 59,60 58,71 59,35 10.9M
Wal-Mart Stores WMT 51,25 51,65 51,03 51,29 10.7M
Altria MO 22,20 22,29 22,07 22,12 10.3M
UnitedHealth Group UNH 31,39 32,58 31,27 32,42 9.95M
HP Inc. HPQ 47,46 47,64 47,08 47,36 9.65M
Visa V 71,63 73,52 71,43 73,00 8.54M
Walt Disney & Co. DIS 34,44 34,55 34,02 34,21 8.5M
Gilead Sciences GILD 34,39 34,80 34,24 34,48 7.86M
Coca-Cola KO 56,27 56,53 56,06 56,38 7.71M
Bristol-Myers Squibb BMY 25,65 25,85 25,58 25,68 6.84M
Amazon AMZN 120,00 122,87 119,68 122,42 5.95M
Pepsico PEP 65,11 65,92 65,00 65,77 5.58M
International Business Machines IBM 130,03 131,04 129,33 130,37 5.09M
McDonald's MCD 70,21 70,84 70,06 70,45 4.95M
Berkshire Hathaway BRK.B 79,84 80,08 79,57 79,83 4.86M
Amgen AMGN 54,52 55,28 54,49 54,71 3.96M
Boeing BA 69,31 70,00 68,93 69,54 3.77M
Alphabet GOOGL 490,50 492,46 486,76 489,83 3.6M
United Technologies UTX 72,25 72,78 71,98 72,03 3.56M
3M MMM 86,98 87,55 86,68 87,21 2.86M
Union Pacific UNP 75,87 76,88 75,20 76,54 2.02M
Exchange Rates of August 03, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 85,810 JPY 1 JPY = 0,012 USD
US Dollar Canadian Dollar 1 USD = 1,024 CAD 1 CAD = 0,977 USD
US Dollar Swiss Franc 1 USD = 1,040 CHF 1 CHF = 0,962 USD
US Dollar Chinese Yuan 1 USD = 6,774 CNY 1 CNY = 0,148 USD
Euro Japanese Yen 1 EUR = 113,500 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,829 GBP 1 GBP = 1,206 EUR
Euro Australian Dollar 1 EUR = 1,449 AUD 1 AUD = 0,690 EUR
Euro Canadian Dollar 1 EUR = 1,354 CAD 1 CAD = 0,738 EUR
Euro Swiss Franc 1 EUR = 1,375 CHF 1 CHF = 0,727 EUR
Euro Chinese Yuan 1 EUR = 8,961 CNY 1 CNY = 0,112 EUR
Japanese Yen Pound Sterling 1 JPY = 0,731 GBP 1 GBP = 1,369 JPY
Japanese Yen Australian Dollar 1 JPY = 1,276 AUD 1 AUD = 0,784 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,193 CAD 1 CAD = 0,838 JPY
Japanese Yen Swiss Franc 1 JPY = 1,212 CHF 1 CHF = 0,825 JPY
Pound Sterling Australian Dollar 1 GBP = 1,747 AUD 1 AUD = 0,573 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,633 CAD 1 CAD = 0,612 GBP
Pound Sterling Swiss Franc 1 GBP = 1,657 CHF 1 CHF = 0,604 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,791 CNY 1 CNY = 0,093 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,935 CAD 1 CAD = 1,070 AUD
Australian Dollar Swiss Franc 1 AUD = 0,949 CHF 1 CHF = 1,054 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,186 CNY 1 CNY = 0,162 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,015 CHF 1 CHF = 0,985 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,614 CNY 1 CNY = 0,151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,515 CNY 1 CNY = 0,153 CHF

See what else happened on August 03, 2010