Financial news on August 6th, 2009

Business and Financial news
$2 Billion in Grants to Bolster U.S. Manufacturing of Parts for Electric Cars

The Obama administration announced $2.4 billion in grants to make batteries, mostly for electric vehicles. Read more..

By MATTHEW L. WALD - The New York Times

Agreement on a Vote to Extend Car Program

Democrats said that leaders of both parties had reached a deal that could allow the Senate to approve an extension of “cash for clunkers.” Read more..

By MATTHEW L. WALD - The New York Times

An Unexpected Gain in Factory Orders in June

Factory orders rose 0.4 percent in June, the fourth increase in five months, in the latest sign that the ailing manufacturing sector is recovering. Read more..

By JACK HEALY - The New York Times

Bank of England May End Bond Buying

Some analysts say the effort to spur new lending has worked, while others say more needs to be done to help the economy. Read more..

By JULIA WERDIGIER - The New York Times

Cathay Pacific Returns to Profit

Fuel hedging, not a rebound in passenger and cargo demand, was behind the gains at one of Asia's leading airlines. Read more..

By BETTINA WASSENER - International Herald Tribune

‘Charlie Rose’ to Appear on Bloomberg Channel

The interview program synonymous with PBS is getting a second home with rebroadcasts on Bloomberg Television. Read more..

By BRIAN STELTER - The New York Times

Deutsche Bank in Talks With European Private Bank

The lender may take a stake in Sal. Oppenheim, which has been hit hard by investments that went sour in the financial crisis. Read more..

By CARTER DOUGHERTY - International Herald Tribune

For Today’s Graduate, Just One Word: Statistics

With the explosion of digital data, statisticians can earn $125,000 in their first year after getting a doctorate. Read more..

By STEVE LOHR - The New York Times

Prep Your PC for Windows 7

My computer is a few years old. Will it be able to handle Windows 7 if I decide to upgrade my operating system? Read more..

By J.D. BIERSDORFER - The New York Times

Quick Tests for the Flu Found Often Inaccurate

Widely used rapid checks for the H1N1 virus — or any flu, for that matter — fail more than 50 percent of the time. Read more..

By ANDREW POLLACK - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE14.1914.4314.0214.31120M
Wells Fargo & Co.WFC28.5628.9927.4727.9785.6M
Cisco SystemsCSCO22.0422.4121.6822.3183.3M
JPMorgan ChaseJPM42.2842.4640.2240.7554.2M
Procter & GamblePG53.8153.9151.1451.4629.7M
Oracle Corp.ORCL21.4221.9421.0921.2128M
AT&T Inc.T25.7525.8625.4225.5525.8M
Abbott LaboratoriesABT44.1744.1843.4943.6320.4M
HP Inc.HPQ43.1443.3942.1442.2117M
Wal-Mart StoresWMT49.2549.3848.7548.9816.2M
Verizon CommunicationsVZ31.3531.3830.7230.9615.8M
Home DepotHD26.4026.7426.1726.5413.8M
UnitedHealth GroupUNH26.2726.4525.4225.9811M
Johnson & JohnsonJNJ60.6760.6759.7059.9310.8M
Gilead SciencesGILD46.8947.0945.4245.4510.3M
Bristol-Myers SquibbBMY21.7621.8721.6121.739.71M
Walt Disney & Co.DIS25.3525.6225.0725.379.15M
United TechnologiesUTX54.5355.2653.8955.066.06M
International Business MachinesIBM118.31118.40116.70117.386M
Union PacificUNP59.6160.5259.1859.433.39M
Berkshire HathawayBRK.B3510.003542.003412.003517.5057.3K
Exchange Rates of August 6th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 95.400 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.078 CAD1 CAD = 0.928 USD
US DollarSwiss Franc1 USD = 1.065 CHF1 CHF = 0.939 USD
US DollarChinese Yuan1 USD = 6.832 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 136.920 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.855 GBP1 GBP = 1.169 EUR
EuroAustralian Dollar1 EUR = 1.708 AUD1 AUD = 0.585 EUR
EuroCanadian Dollar1 EUR = 1.546 CAD1 CAD = 0.647 EUR
EuroSwiss Franc1 EUR = 1.528 CHF1 CHF = 0.654 EUR
EuroChinese Yuan1 EUR = 9.805 CNY1 CNY = 0.102 EUR
Japanese YenPound Sterling1 JPY = 0.624 GBP1 GBP = 1.602 JPY
Japanese YenAustralian Dollar1 JPY = 1.247 AUD1 AUD = 0.802 JPY
Japanese YenCanadian Dollar1 JPY = 1.129 CAD1 CAD = 0.886 JPY
Japanese YenSwiss Franc1 JPY = 1.116 CHF1 CHF = 0.896 JPY
Pound SterlingAustralian Dollar1 GBP = 1.997 AUD1 AUD = 0.501 GBP
Pound SterlingCanadian Dollar1 GBP = 1.808 CAD1 CAD = 0.553 GBP
Pound SterlingSwiss Franc1 GBP = 1.787 CHF1 CHF = 0.560 GBP
Pound SterlingChinese Yuan1 GBP = 11.450 CNY1 CNY = 0.087 GBP
Australian DollarCanadian Dollar1 AUD = 0.905 CAD1 CAD = 1.105 AUD
Australian DollarSwiss Franc1 AUD = 0.894 CHF1 CHF = 1.119 AUD
Australian DollarChinese Yuan1 AUD = 5.735 CNY1 CNY = 0.174 AUD
Canadian DollarSwiss Franc1 CAD = 0.988 CHF1 CHF = 1.012 CAD
Canadian DollarChinese Yuan1 CAD = 6.338 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.413 CNY1 CNY = 0.156 CHF

See what else happened on August 6th, 2009