Financial news on July 08, 2010
Business and Financial news
A New York State judge has thrown out the convictions of two former executives at the Marsh & McLennan Companies for their roles in an insurance bid-rigging scheme that led to an $850 million settlement with the state, Reuters reported. Read more..
The chief executive of BPMubadala Wednesday, after discussions with the Abu Dhabi Investment Authority, Reuters reported. Read more..
In what could be a first step toward restoring confidence in the health of European banks, a panel coordinating stress tests of major institutions said Wednesday that its findings will be disclosed on July 23 and cover institutions representing most of the E.U. banking market. Read more..
In country after country, Facebook is cementing itself as the social networking leader. Read more..
General Motors has reached a deal to sell its Nexteer steering business to a venture backed by Chinese companies, the Associated Press reports. Read more..
Reeling from the worst second-quarter performance in a decade, hedge funds have scaled back trading as they struggle to figure out where markets are headed amid sometimes vicious crosscurrents in stock, commodities and other markets. Read more..
The skies are clear and the conference center bustling as the annual Allen & Company media retreat enters its second day. And the executives are on hand for the yearly ritual of schmoozing with their fellow moguls. Read more..
Copyright laws may seem simple. But a discussion over sheet music proves that the issue is not. Read more..
Standbys like Rhapsody and Pandora offer mobile music, but new services are giving users more choices. Read more..
Finding easy, inexpensive Web design software; and making up with Facebook friends whom you once blocked. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 14.87 | 15.17 | 14.57 | 14.83 | 88.4M |
Intel | INTC | 20.34 | 20.36 | 19.83 | 20.10 | 65.4M |
Pfizer | PFE | 14.78 | 14.98 | 14.62 | 14.82 | 59.8M |
Cisco Systems | CSCO | 22.67 | 22.79 | 22.15 | 22.55 | 55.3M |
Microsoft | MSFT | 24.60 | 24.62 | 23.97 | 24.41 | 50.8M |
JPMorgan Chase | JPM | 38.78 | 38.82 | 37.15 | 38.16 | 41.5M |
ExxonMobil | XOM | 59.13 | 59.20 | 58.13 | 58.81 | 40.4M |
Comcast | CMCSA | 17.96 | 18.01 | 17.64 | 17.84 | 38.6M |
Wells Fargo & Co. | WFC | 27.06 | 27.06 | 26.10 | 26.64 | 38.2M |
Oracle Corp. | ORCL | 23.14 | 23.34 | 22.96 | 23.22 | 27.3M |
Apple | AAPL | 262.48 | 262.90 | 254.89 | 258.09 | 26.4M |
AT&T Inc. | T | 24.39 | 24.58 | 24.20 | 24.57 | 23.4M |
Altria | MO | 20.97 | 21.43 | 20.88 | 21.32 | 22.1M |
Verizon Communications | VZ | 26.72 | 26.78 | 26.32 | 26.78 | 19.2M |
Bristol-Myers Squibb | BMY | 25.95 | 25.95 | 25.39 | 25.58 | 16.7M |
Home Depot | HD | 28.35 | 28.38 | 27.72 | 28.15 | 16M |
Johnson & Johnson | JNJ | 60.93 | 61.73 | 60.64 | 61.38 | 15.9M |
Merck | MRK | 35.87 | 35.87 | 35.33 | 35.86 | 15.6M |
Abbott Laboratories | ABT | 47.90 | 48.15 | 47.68 | 48.10 | 15.3M |
Procter & Gamble | PG | 60.84 | 61.97 | 60.78 | 61.95 | 14.8M |
Chevron | CVX | 70.18 | 70.69 | 69.21 | 70.41 | 13.5M |
HP Inc. | HPQ | 45.42 | 45.59 | 44.89 | 45.48 | 13.2M |
Wal-Mart Stores | WMT | 49.32 | 49.32 | 48.79 | 49.18 | 12.6M |
Gilead Sciences | GILD | 34.99 | 35.07 | 34.34 | 34.82 | 12.6M |
ConocoPhillips | COP | 52.16 | 52.17 | 50.96 | 51.55 | 11.4M |
Coca-Cola | KO | 51.68 | 52.44 | 51.56 | 52.42 | 10.8M |
Walt Disney & Co. | DIS | 33.33 | 33.54 | 32.90 | 33.34 | 10M |
Schlumberger | SLB | 58.36 | 58.54 | 57.02 | 58.54 | 9.05M |
UnitedHealth Group | UNH | 29.32 | 29.89 | 29.25 | 29.68 | 9M |
Berkshire Hathaway | BRK.B | 79.61 | 79.92 | 78.73 | 79.41 | 8.43M |
McDonald's | MCD | 67.80 | 69.15 | 67.55 | 69.02 | 7.87M |
Amazon | AMZN | 115.02 | 117.48 | 114.07 | 116.22 | 6.78M |
Amgen | AMGN | 51.51 | 52.26 | 51.02 | 52.23 | 6.76M |
Pepsico | PEP | 63.21 | 64.00 | 62.91 | 64.00 | 6.66M |
International Business Machines | IBM | 127.37 | 128.15 | 126.74 | 127.97 | 5.44M |
Alphabet | GOOGL | 453.55 | 457.33 | 449.66 | 456.56 | 5.33M |
Union Pacific | UNP | 70.73 | 71.67 | 70.10 | 70.89 | 4.66M |
Boeing | BA | 64.09 | 64.89 | 63.55 | 64.73 | 4.49M |
Visa | V | 75.50 | 75.80 | 74.04 | 75.08 | 4.06M |
3M | MMM | 81.12 | 81.59 | 80.09 | 81.22 | 3.98M |
United Technologies | UTX | 67.07 | 67.24 | 66.29 | 67.23 | 3.64M |
Exchange Rates of July 08, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 88.430 JPY | 1 JPY = 0.011 USD |
US Dollar | Canadian Dollar | 1 USD = 1.043 CAD | 1 CAD = 0.958 USD |
US Dollar | Swiss Franc | 1 USD = 1.049 CHF | 1 CHF = 0.953 USD |
US Dollar | Chinese Yuan | 1 USD = 6.777 CNY | 1 CNY = 0.148 USD |
Euro | Japanese Yen | 1 EUR = 112.230 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.837 GBP | 1 GBP = 1.195 EUR |
Euro | Australian Dollar | 1 EUR = 1.448 AUD | 1 AUD = 0.691 EUR |
Euro | Canadian Dollar | 1 EUR = 1.325 CAD | 1 CAD = 0.755 EUR |
Euro | Swiss Franc | 1 EUR = 1.332 CHF | 1 CHF = 0.751 EUR |
Euro | Chinese Yuan | 1 EUR = 8.605 CNY | 1 CNY = 0.116 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.745 GBP | 1 GBP = 1.342 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.289 AUD | 1 AUD = 0.776 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.179 CAD | 1 CAD = 0.848 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.186 CHF | 1 CHF = 0.843 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.730 AUD | 1 AUD = 0.578 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.582 CAD | 1 CAD = 0.632 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.591 CHF | 1 CHF = 0.628 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.260 CNY | 1 CNY = 0.097 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.915 CAD | 1 CAD = 1.093 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.920 CHF | 1 CHF = 1.087 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 5.942 CNY | 1 CNY = 0.168 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.005 CHF | 1 CHF = 0.995 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.496 CNY | 1 CNY = 0.154 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.458 CNY | 1 CNY = 0.155 CHF |
See what else happened on July 08, 2010