Financial news on September 8th, 2008
Business and Financial news
Gov. Sarah Palin probably had no idea of the media onslaught that was about to hit her. By the time she was done speaking on Wednesday, it was clear the reverse was true as well. Read more..
Mortgage rates may fall a bit initially but probably not enough to quickly halt the decline in home prices. Read more..
David Gregory will be the sole anchor of MSNBC’s coverage of the presidential debates and election night. Read more..
Plastic Logic introduced its version of an electronic newspaper reader: a lightweight plastic screen that mimics the look — but not the feel — of a printed newspaper. Read more..
The digital media company will introduce RealDVD, a $30 software program for Windows computers that allows users to easily make a digital copy of an entire DVD. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Wells Fargo & Co. | WFC | 33.24 | 33.96 | 31.83 | 33.56 | 97.5M |
| Oracle Corp. | ORCL | 20.37 | 20.65 | 18.94 | 19.26 | 93.8M |
| JPMorgan Chase | JPM | 42.39 | 43.66 | 40.00 | 41.55 | 85.6M |
| General Electric | GE | 28.88 | 29.17 | 28.25 | 29.09 | 84.5M |
| Cisco Systems | CSCO | 22.78 | 23.44 | 22.43 | 23.37 | 66.1M |
| Intel | INTC | 20.98 | 21.10 | 20.52 | 20.97 | 63.3M |
| Microsoft | MSFT | 26.21 | 26.33 | 25.67 | 26.12 | 62.1M |
| Pfizer | PFE | 18.84 | 19.19 | 18.76 | 19.14 | 48.9M |
| Home Depot | HD | 29.80 | 30.74 | 29.71 | 30.16 | 41.5M |
| Apple | AAPL | 164.57 | 164.89 | 151.46 | 157.92 | 37.4M |
| ExxonMobil | XOM | 76.76 | 77.55 | 76.00 | 76.77 | 31.2M |
| AT&T Inc. | T | 32.13 | 32.68 | 31.56 | 32.55 | 29.6M |
| Altria | MO | 21.38 | 21.85 | 20.78 | 20.97 | 29.6M |
| Comcast | CMCSA | 20.99 | 21.34 | 20.79 | 21.32 | 28.8M |
| Wal-Mart Stores | WMT | 61.39 | 62.01 | 60.25 | 62.00 | 28.6M |
| Walt Disney & Co. | DIS | 31.99 | 33.05 | 31.92 | 32.92 | 20.4M |
| ConocoPhillips | COP | 76.77 | 77.19 | 73.68 | 74.69 | 19.7M |
| Bristol-Myers Squibb | BMY | 21.96 | 22.49 | 21.74 | 22.32 | 19.3M |
| HP Inc. | HPQ | 45.56 | 45.85 | 44.84 | 45.74 | 18.9M |
| Verizon Communications | VZ | 34.72 | 35.17 | 34.43 | 35.12 | 18.3M |
| Alphabet | GOOGL | 452.02 | 452.94 | 417.55 | 419.95 | 18M |
| Procter & Gamble | PG | 71.33 | 72.48 | 71.31 | 72.37 | 16.5M |
| Merck | MRK | 34.96 | 35.52 | 34.52 | 35.48 | 16.3M |
| Chevron | CVX | 81.34 | 82.35 | 79.67 | 81.05 | 15.5M |
| Johnson & Johnson | JNJ | 71.20 | 72.38 | 70.80 | 72.22 | 15.2M |
| Visa | V | 73.51 | 74.29 | 68.68 | 70.10 | 14.2M |
| Abbott Laboratories | ABT | 58.16 | 58.84 | 57.33 | 58.42 | 14M |
| Gilead Sciences | GILD | 48.25 | 48.34 | 46.24 | 47.07 | 13.8M |
| Schlumberger | SLB | 88.27 | 89.00 | 84.90 | 86.01 | 13.5M |
| Amgen | AMGN | 60.51 | 60.92 | 59.24 | 59.78 | 12.2M |
| Coca-Cola | KO | 52.72 | 53.53 | 52.30 | 53.38 | 11.2M |
| International Business Machines | IBM | 118.00 | 118.28 | 115.14 | 117.29 | 10.5M |
| McDonald's | MCD | 61.26 | 62.50 | 60.93 | 62.42 | 10.4M |
| Amazon | AMZN | 82.25 | 83.75 | 78.85 | 81.16 | 9.49M |
| UnitedHealth Group | UNH | 28.66 | 29.25 | 28.22 | 29.16 | 8.88M |
| Boeing | BA | 62.47 | 64.07 | 61.86 | 63.91 | 8.31M |
| Union Pacific | UNP | 77.77 | 78.80 | 74.12 | 75.45 | 7.54M |
| United Technologies | UTX | 65.27 | 66.08 | 64.30 | 65.78 | 7.36M |
| Pepsico | PEP | 69.22 | 70.53 | 69.22 | 70.34 | 6.95M |
| 3M | MMM | 70.13 | 71.99 | 70.13 | 71.18 | 6.06M |
| Berkshire Hathaway | BRK.B | 4010.00 | 4020.00 | 3932.00 | 3996.00 | 25.5K |
Exchange Rates of September 8th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 108.130 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.066 CAD | 1 CAD = 0.938 USD |
| US Dollar | Swiss Franc | 1 USD = 1.132 CHF | 1 CHF = 0.884 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.838 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 152.690 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.803 GBP | 1 GBP = 1.245 EUR |
| Euro | Australian Dollar | 1 EUR = 1.733 AUD | 1 AUD = 0.577 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.505 CAD | 1 CAD = 0.664 EUR |
| Euro | Swiss Franc | 1 EUR = 1.598 CHF | 1 CHF = 0.626 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.658 CNY | 1 CNY = 0.104 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.526 GBP | 1 GBP = 1.902 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.135 AUD | 1 AUD = 0.881 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.985 CAD | 1 CAD = 1.015 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.046 CHF | 1 CHF = 0.956 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.157 AUD | 1 AUD = 0.464 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.874 CAD | 1 CAD = 0.534 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.989 CHF | 1 CHF = 0.503 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 12.013 CNY | 1 CNY = 0.083 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.868 CAD | 1 CAD = 1.152 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.921 CHF | 1 CHF = 1.085 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 5.577 CNY | 1 CNY = 0.179 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.061 CHF | 1 CHF = 0.942 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 6.415 CNY | 1 CNY = 0.156 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.042 CNY | 1 CNY = 0.166 CHF |
See what else happened on September 8th, 2008