Financial news on August 04, 2008

Business and Financial news
An Acid-Tongued Maverick Keeps Bankers on the Edge of Their Seats

Richard X. Bove is one of the few analysts to predict the housing market blow-up. He is also one of the few whose advice would have made money for investors over the past year. Read more..

By LOUISE STORY - The New York Times

An Internal Wiki That’s Not Classified

The State Department’s creation of “Diplopedia,” an internal wiki, is part of its changing ethic from “a need to know culture” to a “need to share culture,” an employee said. Read more..

By NOAM COHEN - The New York Times

A Rare CD by Today’s Hot Boy Band: Bids Start at $160. Do I Hear $200?

To teenage girls this summer, few things are hotter than the Jonas Brothers, and the sole album on their back list, the out-of-print “It’s About Time.” Read more..

By DOUGLAS QUENQUA - The New York Times

Blog Posts Poke Holes in ‘Taste Test’ by Microsoft

Deserved or not, the Windows Vista operating system from Microsoft gets a bad rap. But the company’s effort to repair Vista’s reputation did not win rave reviews either. Read more..

By DAN MITCHELL - The New York Times

Intel’s Line of Graphics Chips Could Have Broader Uses

Intel said it would initially aim its new microprocessor family, code-named Larrabee, at the personal computer graphics market. Read more..

By JOHN MARKOFF - The New York Times

Jewish Channel Offers Issues, History and Offbeat Movies

Elie Singer has prevailed in creating a cable outlet that’s been labeled the “Jewish HBO.” Read more..

By JOANNE KAUFMAN - The New York Times

Media Outlets Are Seeking a Campaign Bounce of Their Own

Voter interest in the presidential race may be soaring, but many media companies are struggling to translate coverage into repeat readers and viewers -- or revenue. Read more..

By BRIAN STELTER and RICHARD PÉREZ-PEÑA - The New York Times

NBC Ad Pairs ‘Mummy’ and Olympics

NBC executives call the company’s TV ads plugging its new movie, “The Mummy,” and the Beijing Olympics synergy. Some viewers call it confusing. Read more..

By STEPHANIE CLIFFORD - The New York Times

The High Cost of a ‘Free Credit Report’

Catchy television ads for FreeCreditReport.com don’t highlight another catch tied to the service: a monthly fee. Read more..

By STEPHANIE CLIFFORD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 25.36 25.55 25.11 25.28 60.6M
Cisco Systems CSCO 22.07 22.17 21.72 21.99 50M
Wells Fargo & Co. WFC 30.10 30.77 29.44 30.18 46.6M
Pfizer PFE 18.62 19.16 18.55 18.98 43M
Intel INTC 22.35 22.65 22.17 22.52 41.6M
ExxonMobil XOM 79.63 80.13 76.14 76.60 37.9M
General Electric GE 28.14 28.43 27.76 28.17 36.9M
JPMorgan Chase JPM 40.14 40.89 38.91 40.14 27.7M
Oracle Corp. ORCL 21.50 21.59 21.14 21.25 26M
AT&T Inc. T 30.47 30.55 29.72 30.17 23.6M
Apple AAPL 156.58 157.90 152.91 153.23 21.2M
ConocoPhillips COP 81.24 81.60 79.01 79.45 20.4M
Chevron CVX 84.06 84.76 82.08 82.80 16.5M
Abbott Laboratories ABT 56.07 57.87 55.93 57.26 16.5M
Merck MRK 33.31 33.73 32.95 33.40 16.3M
Wal-Mart Stores WMT 57.58 59.07 57.55 58.43 13.8M
Johnson & Johnson JNJ 68.18 69.42 67.97 68.98 13.7M
Comcast CMCSA 20.38 20.67 20.20 20.55 13.2M
Procter & Gamble PG 65.12 66.50 64.90 65.82 12.7M
Verizon Communications VZ 34.13 34.31 33.50 33.83 12M
Schlumberger SLB 99.93 100.00 93.82 94.41 11.6M
UnitedHealth Group UNH 28.70 29.50 27.50 28.96 11.5M
Walt Disney & Co. DIS 30.11 30.59 30.05 30.37 11.4M
Coca-Cola KO 53.12 54.08 52.90 53.90 11.1M
Bristol-Myers Squibb BMY 21.13 21.61 21.13 21.39 10.8M
Visa V 71.76 73.60 71.50 72.50 10.7M
Home Depot HD 23.82 24.18 23.51 23.89 10.6M
Amgen AMGN 63.00 63.99 62.81 63.67 10.3M
Altria MO 20.95 21.14 20.80 21.07 10.2M
Pepsico PEP 66.71 67.95 66.63 67.67 9.72M
HP Inc. HPQ 43.71 44.45 43.64 43.94 9.49M
Gilead Sciences GILD 54.01 54.25 53.25 53.84 6.18M
Boeing BA 62.08 62.33 61.13 61.36 6.07M
McDonald's MCD 59.84 60.96 59.77 60.55 6.07M
International Business Machines IBM 126.77 128.10 126.25 127.56 5.99M
Union Pacific UNP 79.50 80.95 79.46 79.99 5.67M
United Technologies UTX 63.47 64.23 62.65 63.76 5.05M
Alphabet GOOGL 468.80 473.01 461.90 463.00 4.97M
Amazon AMZN 76.00 77.30 75.01 75.71 4.5M
3M MMM 70.03 70.44 69.35 69.75 2.28M
Berkshire Hathaway BRK.B 3895.00 3908.00 3807.50 3827.00 10.6K
Exchange Rates of August 04, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.200 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.037 CAD 1 CAD = 0.965 USD
US Dollar Swiss Franc 1 USD = 1.048 CHF 1 CHF = 0.954 USD
US Dollar Chinese Yuan 1 USD = 6.852 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 168.510 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.794 GBP 1 GBP = 1.260 EUR
Euro Australian Dollar 1 EUR = 1.675 AUD 1 AUD = 0.597 EUR
Euro Canadian Dollar 1 EUR = 1.614 CAD 1 CAD = 0.620 EUR
Euro Swiss Franc 1 EUR = 1.633 CHF 1 CHF = 0.613 EUR
Japanese Yen Pound Sterling 1 JPY = 0.471 GBP 1 GBP = 2.124 JPY
Japanese Yen Australian Dollar 1 JPY = 0.994 AUD 1 AUD = 1.006 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.958 CAD 1 CAD = 1.044 JPY
Japanese Yen Swiss Franc 1 JPY = 0.969 CHF 1 CHF = 1.032 JPY
Pound Sterling Australian Dollar 1 GBP = 2.110 AUD 1 AUD = 0.474 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.033 CAD 1 CAD = 0.492 GBP
Pound Sterling Swiss Franc 1 GBP = 2.056 CHF 1 CHF = 0.486 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.963 CAD 1 CAD = 1.039 AUD
Australian Dollar Swiss Franc 1 AUD = 0.974 CHF 1 CHF = 1.027 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.011 CHF 1 CHF = 0.989 CAD

See what else happened on August 04, 2008