Financial news on August 09, 2010

Business and Financial news
A Gamble on a Weekly That Paid Off

New York magazine was a success for Bruce Wasserstein, offering Sidney Harman a rough blueprint for reviving Newsweek. Read more..

By DAVID CARR - The New York Times

Big Rewards Could Trigger More Whistle-Blowing

Whistle-blowers looking for a potential multimillion-dollar payday could start coming out of the woodwork with alacrity thanks to tip-off incentives included within the Dodd-Frank financial reform act. Read more..

By DEALBOOK - The New York Times

BlackBerry Security Stance Sows Anxiety

Some countries want the same access to BlackBerry’s encrypted services that they think is already given to the United States and other industrialized democracies. Read more..

By MIGUEL HELFT and VIKAS BAJAJ - The New York Times

Division of Roles Could Help H.P.

H.P.’s board could use the departure of its chief executive as an opportunity to split the roles of chairman and chief executive, and set Hewlett on an better course. Read more..

By ROBERT CYRAN - The New York Times

Goldman Derivatives Said to Be Up to 35% of Revenue

Goldman Sachs has informed the Financial Crisis Inquiry Commission that 25 to 35 percent of its revenue was derived from the derivatives businesses, The Wall Street Journal said. Read more..

By DEALBOOK - The New York Times

In Crackdown on Energy Use, China to Shut 2,000 Factories

The government said it hoped to improve energy efficiency by closing some steel mills, cement works and other energy-intensive factories. Read more..

By KEITH BRADSHER - The New York Times

Insurance Companies Find There Is Money to Be Made in Green Technology

Insurers are bridging the gap between green intentions and actual capital outlays on renewable energy. Read more..

By JULIE MAKINEN - International Herald Tribune

Investor Appetite for Bonds in a Tepid Recovery Weighs on Rates

Rates of all sorts — mortgage, Treasury, certificates of deposit — are being driven lower, and not by the Fed. Read more..

By CHRISTINE HAUSER - The New York Times

Women Set the Pace as Online Gamers

Female gamers over 55 spend the most time online gaming of any demographic. Read more..

By TEDDY WAYNE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
HP Inc. HPQ 43.47 43.84 42.43 42.60 201M
Cisco Systems CSCO 24.21 24.87 24.20 24.77 64M
Microsoft MSFT 25.55 25.73 25.37 25.61 57.1M
Pfizer PFE 16.29 16.48 16.11 16.42 48.1M
Intel INTC 20.79 20.79 20.41 20.65 46.1M
General Electric GE 16.42 16.46 16.30 16.38 39.9M
JPMorgan Chase JPM 40.55 40.56 39.66 39.82 37.8M
Wells Fargo & Co. WFC 27.90 28.27 27.52 28.23 29.2M
AT&T Inc. T 26.67 26.96 26.59 26.86 22.4M
Oracle Corp. ORCL 24.40 24.59 24.24 24.26 20.6M
Comcast CMCSA 18.75 18.85 18.64 18.73 18.9M
Verizon Communications VZ 29.69 30.06 29.62 29.86 15.3M
ExxonMobil XOM 62.56 62.67 62.18 62.45 14.7M
Procter & Gamble PG 60.39 60.83 59.86 60.38 11.1M
Apple AAPL 261.48 262.15 259.57 261.75 10.8M
Merck MRK 35.06 35.44 35.06 35.36 10.3M
Abbott Laboratories ABT 50.63 50.95 50.43 50.88 9.38M
Coca-Cola KO 56.37 57.40 56.36 57.11 9.37M
McDonald's MCD 72.41 73.34 72.35 72.92 8.92M
Gilead Sciences GILD 36.02 36.05 35.60 35.76 8.74M
ConocoPhillips COP 57.25 57.57 57.09 57.31 8.37M
Home Depot HD 28.77 28.97 28.68 28.70 8.35M
Wal-Mart Stores WMT 51.83 52.34 51.80 52.06 8.27M
Walt Disney & Co. DIS 34.96 35.23 34.90 35.16 7.81M
Visa V 73.12 74.87 72.81 74.74 7.15M
Chevron CVX 79.30 79.43 78.87 79.29 7.02M
Bristol-Myers Squibb BMY 26.37 26.54 26.30 26.51 6.83M
Altria MO 22.57 22.68 22.53 22.59 6.82M
Johnson & Johnson JNJ 60.00 60.25 59.79 60.05 6.67M
International Business Machines IBM 130.79 132.34 130.40 132.00 6.13M
UnitedHealth Group UNH 33.50 33.79 33.36 33.49 6.06M
Pepsico PEP 66.00 66.60 65.93 66.42 5.49M
Amazon AMZN 128.46 129.93 127.85 128.83 5.09M
Schlumberger SLB 62.84 63.19 62.44 62.75 4.66M
Alphabet GOOGL 502.25 505.50 501.36 505.35 3.74M
Berkshire Hathaway BRK.B 80.83 80.90 79.84 80.70 3.7M
Amgen AMGN 55.97 56.00 55.42 55.66 3.32M
3M MMM 87.73 88.38 87.41 88.03 3.19M
Boeing BA 69.17 69.47 68.45 68.99 2.9M
United Technologies UTX 73.34 73.60 72.89 73.35 2.67M
Union Pacific UNP 77.59 78.23 76.98 78.13 2.58M
Exchange Rates of August 09, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 85.930 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.027 CAD 1 CAD = 0.973 USD
US Dollar Swiss Franc 1 USD = 1.049 CHF 1 CHF = 0.954 USD
US Dollar Chinese Yuan 1 USD = 6.768 CNY 1 CNY = 0.148 USD
Euro Japanese Yen 1 EUR = 113.620 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.832 GBP 1 GBP = 1.203 EUR
Euro Australian Dollar 1 EUR = 1.444 AUD 1 AUD = 0.693 EUR
Euro Canadian Dollar 1 EUR = 1.359 CAD 1 CAD = 0.736 EUR
Euro Swiss Franc 1 EUR = 1.387 CHF 1 CHF = 0.721 EUR
Euro Chinese Yuan 1 EUR = 8.952 CNY 1 CNY = 0.112 EUR
Japanese Yen Pound Sterling 1 JPY = 0.731 GBP 1 GBP = 1.367 JPY
Japanese Yen Australian Dollar 1 JPY = 1.269 AUD 1 AUD = 0.788 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.195 CAD 1 CAD = 0.837 JPY
Japanese Yen Swiss Franc 1 JPY = 1.220 CHF 1 CHF = 0.819 JPY
Pound Sterling Australian Dollar 1 GBP = 1.735 AUD 1 AUD = 0.576 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.634 CAD 1 CAD = 0.612 GBP
Pound Sterling Swiss Franc 1 GBP = 1.667 CHF 1 CHF = 0.600 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.751 CNY 1 CNY = 0.093 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.941 CAD 1 CAD = 1.062 AUD
Australian Dollar Swiss Franc 1 AUD = 0.961 CHF 1 CHF = 1.041 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.203 CNY 1 CNY = 0.161 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.021 CHF 1 CHF = 0.980 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.585 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.455 CNY 1 CNY = 0.155 CHF

See what else happened on August 09, 2010