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

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO19,4119,9519,3519,78222M
IntelINTC17,6117,8317,3417,4056.9M
Oracle Corp.ORCL14,9515,2514,8514,9550.6M
MicrosoftMSFT24,4924,6424,3424,4444.4M
Bristol-Myers SquibbBMY21,4821,4821,1021,1236.3M
AppleAAPL65,4365,6063,4063,5934.1M
PfizerPFE26,1326,3026,0126,1533.3M
ExxonMobilXOM69,6970,4269,1869,2927.7M
AT&T Inc.T30,9131,1630,1630,2422.7M
Walt Disney & Co.DIS29,8030,0528,7928,8318.9M
General ElectricGE32,4832,7232,2432,2818.2M
Home DepotHD34,3734,4933,4033,4016.7M
Verizon CommunicationsVZ33,8834,3933,7733,8314.5M
ConocoPhillipsCOP68,3969,7268,1068,9011.3M
ChevronCVX67,5168,2467,3267,4810.7M
ComcastCMCSA34,4134,9534,3534,3610.6M
JPMorgan ChaseJPM45,1245,3844,3344,3510.5M
Wal-Mart StoresWMT44,7844,8843,8643,9010.3M
HP Inc.HPQ33,2033,5532,9733,0610M
Abbott LaboratoriesABT47,7547,7747,1047,329.47M
MerckMRK41,0041,7140,9941,469.39M
McDonald'sMCD35,5035,5234,2634,368.93M
AlphabetGOOGL382,80384,68376,36376,948.61M
SchlumbergerSLB65,6066,0064,3564,638M
Wells Fargo & Co.WFC71,6271,8669,5069,737.96M
AmazonAMZN26,5426,7026,0026,216.91M
AmgenAMGN67,4868,6067,2267,286.55M
Johnson & JohnsonJNJ63,6863,7263,0363,326.12M
Procter & GamblePG59,8059,9859,4059,545.62M
United TechnologiesUTX62,3262,5560,1360,315.09M
International Business MachinesIBM75,7576,2875,3975,394.48M
AltriaMO80,2980,6280,0080,164.36M
BoeingBA78,2579,0276,7177,164.18M
Coca-ColaKO43,9544,1043,7143,753.86M
3MMMM69,3669,3668,1868,303.58M
UnitedHealth GroupUNH49,8749,9748,9048,983.53M
PepsicoPEP63,4163,9462,8462,843.13M
Gilead SciencesGILD61,9662,9861,4361,682.84M
Union PacificUNP81,8081,9678,6578,872.69M
Berkshire HathawayBRK.B3095,003106,003080,003095,008.5K
Exchange Rates of August 09, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115,310 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,120 CAD1 CAD = 0,893 USD
US DollarSwiss Franc1 USD = 1,226 CHF1 CHF = 0,816 USD
US DollarChinese Yuan1 USD = 7,975 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 148,320 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,675 GBP1 GBP = 1,481 EUR
EuroAustralian Dollar1 EUR = 1,682 AUD1 AUD = 0,595 EUR
EuroCanadian Dollar1 EUR = 1,440 CAD1 CAD = 0,694 EUR
EuroSwiss Franc1 EUR = 1,577 CHF1 CHF = 0,634 EUR
Japanese YenPound Sterling1 JPY = 0,455 GBP1 GBP = 2,198 JPY
Japanese YenAustralian Dollar1 JPY = 1,133 AUD1 AUD = 0,882 JPY
Japanese YenCanadian Dollar1 JPY = 0,971 CAD1 CAD = 1,030 JPY
Japanese YenSwiss Franc1 JPY = 1,063 CHF1 CHF = 0,941 JPY
Pound SterlingAustralian Dollar1 GBP = 2,491 AUD1 AUD = 0,402 GBP
Pound SterlingCanadian Dollar1 GBP = 2,133 CAD1 CAD = 0,469 GBP
Pound SterlingSwiss Franc1 GBP = 2,335 CHF1 CHF = 0,428 GBP
Australian DollarCanadian Dollar1 AUD = 0,856 CAD1 CAD = 1,169 AUD
Australian DollarSwiss Franc1 AUD = 0,937 CHF1 CHF = 1,067 AUD
Canadian DollarSwiss Franc1 CAD = 1,095 CHF1 CHF = 0,914 CAD

See what else happened on August 09, 2006