Financial news on August 09, 2006

Business and Financial news
A Bank for Every Block

Big banks have been building branches to try to grab and hold onto customers, but the push may be nearing its end. Read more..

By ERIC DASH - The New York Times

A Face Is Exposed for AOL Searcher No. 4417749

Detailed records of searches underscore how much people reveal about themselves when they use search engines. Read more..

By MICHAEL BARBARO and TOM ZELLER Jr - The New York Times

Bloggers Drive Inquiry on How Altered Images Saw Print

Adnan Hajj has been charged, tried and convicted on the Internet of improperly altering photographs he took for Reuters. He was fired by Reuters on Sunday. Read more..

By KATHARINE Q. SEELYE and JULIE BOSMAN - The New York Times

Caryatids and All, West 57th Is Selling

Buyers are snapping up buildings on the stretch of 57th Street between Fifth Avenue and the Avenue of the Americas. Read more..

By TERRY PRISTIN - The New York Times

DirecTV Reports Higher Second-Quarter Profit

DirecTV Reports Higher Second-Quarter Profit. Read more..

By BLOOMBERG NEWS - The New York Times

Finland: Nokia to Buy Music Distributor

Nokia, the cellphone maker, agreed to buy the digital music distributor Loudeye for $60 million to compete in the market for mobile music downloads. Loudeye, based in Seattle, runs music services for more than 60 partners, ranging from the Microso... Read more..

By ERIC PFANNER IHT - The New York Times

In Policy Shift, Fed Calls a Halt to Raising Rates

In the statement announcing the decision, the central bank predicted that slower growth will curb inflation. Read more..

By EDMUND L. ANDREWS - The New York Times

Richard T. Greene Sr., 93, Is Dead; Made a Bank an Institution

Richard T. Greene Sr. built the Carver Federal Savings Bank into the country’s largest African-American financial institution. Read more..

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

San Diego Broke Laws in Pension Crisis, Panel Says

Independent experts said yesterday that San Diego officials broke federal securities laws and other statutes as they tried to conceal underfunding the city’s pension fund. Read more..

By MARY WILLIAMS WALSH - The New York Times

The Heroes of Housing Just Say No

In an age of giving mortgages to anyone who wants one, there is one small sliver of the real estate market that has kept its wits and can serve as a model. Read more..

By DAVID LEONHARDT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 19.41 19.95 19.35 19.78 222M
Intel INTC 17.61 17.83 17.34 17.40 56.9M
Oracle Corp. ORCL 14.95 15.25 14.85 14.95 50.6M
Microsoft MSFT 24.49 24.64 24.34 24.44 44.4M
Bristol-Myers Squibb BMY 21.48 21.48 21.10 21.12 36.3M
Apple AAPL 65.43 65.60 63.40 63.59 34.1M
Pfizer PFE 26.13 26.30 26.01 26.15 33.3M
ExxonMobil XOM 69.69 70.42 69.18 69.29 27.7M
AT&T Inc. T 30.91 31.16 30.16 30.24 22.7M
Walt Disney & Co. DIS 29.80 30.05 28.79 28.83 18.9M
General Electric GE 32.48 32.72 32.24 32.28 18.2M
Home Depot HD 34.37 34.49 33.40 33.40 16.7M
Verizon Communications VZ 33.88 34.39 33.77 33.83 14.5M
ConocoPhillips COP 68.39 69.72 68.10 68.90 11.3M
Chevron CVX 67.51 68.24 67.32 67.48 10.7M
Comcast CMCSA 34.41 34.95 34.35 34.36 10.6M
JPMorgan Chase JPM 45.12 45.38 44.33 44.35 10.5M
Wal-Mart Stores WMT 44.78 44.88 43.86 43.90 10.3M
HP Inc. HPQ 33.20 33.55 32.97 33.06 10M
Abbott Laboratories ABT 47.75 47.77 47.10 47.32 9.47M
Merck MRK 41.00 41.71 40.99 41.46 9.39M
McDonald's MCD 35.50 35.52 34.26 34.36 8.93M
Alphabet GOOGL 382.80 384.68 376.36 376.94 8.61M
Schlumberger SLB 65.60 66.00 64.35 64.63 8M
Wells Fargo & Co. WFC 71.62 71.86 69.50 69.73 7.96M
Amazon AMZN 26.54 26.70 26.00 26.21 6.91M
Amgen AMGN 67.48 68.60 67.22 67.28 6.55M
Johnson & Johnson JNJ 63.68 63.72 63.03 63.32 6.12M
Procter & Gamble PG 59.80 59.98 59.40 59.54 5.62M
United Technologies UTX 62.32 62.55 60.13 60.31 5.09M
International Business Machines IBM 75.75 76.28 75.39 75.39 4.48M
Altria MO 80.29 80.62 80.00 80.16 4.36M
Boeing BA 78.25 79.02 76.71 77.16 4.18M
Coca-Cola KO 43.95 44.10 43.71 43.75 3.86M
3M MMM 69.36 69.36 68.18 68.30 3.58M
UnitedHealth Group UNH 49.87 49.97 48.90 48.98 3.53M
Pepsico PEP 63.41 63.94 62.84 62.84 3.13M
Gilead Sciences GILD 61.96 62.98 61.43 61.68 2.84M
Union Pacific UNP 81.80 81.96 78.65 78.87 2.69M
Berkshire Hathaway BRK.B 3095.00 3106.00 3080.00 3095.00 8.5K
Exchange Rates of August 09, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115.310 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.120 CAD 1 CAD = 0.893 USD
US Dollar Swiss Franc 1 USD = 1.226 CHF 1 CHF = 0.816 USD
US Dollar Chinese Yuan 1 USD = 7.975 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 148.320 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.675 GBP 1 GBP = 1.481 EUR
Euro Australian Dollar 1 EUR = 1.682 AUD 1 AUD = 0.595 EUR
Euro Canadian Dollar 1 EUR = 1.440 CAD 1 CAD = 0.694 EUR
Euro Swiss Franc 1 EUR = 1.577 CHF 1 CHF = 0.634 EUR
Japanese Yen Pound Sterling 1 JPY = 0.455 GBP 1 GBP = 2.198 JPY
Japanese Yen Australian Dollar 1 JPY = 1.133 AUD 1 AUD = 0.882 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.971 CAD 1 CAD = 1.030 JPY
Japanese Yen Swiss Franc 1 JPY = 1.063 CHF 1 CHF = 0.941 JPY
Pound Sterling Australian Dollar 1 GBP = 2.491 AUD 1 AUD = 0.402 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.133 CAD 1 CAD = 0.469 GBP
Pound Sterling Swiss Franc 1 GBP = 2.335 CHF 1 CHF = 0.428 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.856 CAD 1 CAD = 1.169 AUD
Australian Dollar Swiss Franc 1 AUD = 0.937 CHF 1 CHF = 1.067 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.095 CHF 1 CHF = 0.914 CAD

See what else happened on August 09, 2006