Financial news on July 10th, 2008

Business and Financial news
Drug Industry to Announce Revised Code on Marketing

The pens, pads, mugs and other gifts that drug makers have long showered on doctors will be banned from their marketing campaigns under a guideline that the industry is expected to announce Thursday. Read more..

By GARDINER HARRIS - The New York Times

F.D.A. Revises Its Letter for Nonapproval of Drugs

Drug makers whose products are not ready for approval in the U.S. will soon get the word from regulators in a new format intended partly to avoid scaring investors. Read more..

By BLOOMBERG NEWS - The New York Times

Small Business Is Latest Focus in Health Fight

States are taking various approaches to help businesses unable to provide health insurance for their employees. Read more..

By REED ABELSON - The New York Times

Tip of the Week: Turning Flickr Photos Into Desktop Wallpaper

If you hate to be without your Flickr photos while doing other things on the computer, you can still keep them close. Read more..

By J. D. BIERSDORFER - The New York Times

Turning Guitar Heroes Into Composers

Music lovers can create Electronica at home with this new class of musical gadgets. Read more..

By JASON TURBOW - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE27.5527.7327.0727.6492.6M
Cisco SystemsCSCO21.5322.1821.5122.1367.9M
Wells Fargo & Co.WFC23.3324.1522.9023.6161M
JPMorgan ChaseJPM34.0035.8033.5534.5147.8M
Oracle Corp.ORCL21.1621.4220.9321.2931.7M
Wal-Mart StoresWMT58.0558.1456.0757.2129.9M
AT&T Inc.T32.6032.9732.4632.7727.8M
HP Inc.HPQ42.3942.4841.0541.4526.6M
Bristol-Myers SquibbBMY21.6021.8620.9721.5021.5M
Home DepotHD22.4122.5121.7121.8718.6M
Procter & GamblePG63.7164.3263.3664.2217.8M
Johnson & JohnsonJNJ66.0667.2066.0666.9417.4M
Verizon CommunicationsVZ34.7434.9634.3034.9017.4M
Abbott LaboratoriesABT56.9157.5056.4257.3515.5M
UnitedHealth GroupUNH22.9023.1722.1822.5813M
Walt Disney & Co.DIS29.5929.7829.2529.6011.4M
Gilead SciencesGILD53.8255.4753.8254.5910.4M
International Business MachinesIBM120.66123.54120.66123.1810.1M
United TechnologiesUTX61.1262.4061.1262.176.79M
Union PacificUNP71.5073.2371.2072.194.37M
Berkshire HathawayBRK.B3984.004092.003956.003974.0012.2K
Exchange Rates of July 10th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107.050 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.008 CAD1 CAD = 0.992 USD
US DollarSwiss Franc1 USD = 1.028 CHF1 CHF = 0.973 USD
US DollarChinese Yuan1 USD = 6.843 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 168.980 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.798 GBP1 GBP = 1.253 EUR
EuroAustralian Dollar1 EUR = 1.642 AUD1 AUD = 0.609 EUR
EuroCanadian Dollar1 EUR = 1.592 CAD1 CAD = 0.628 EUR
EuroSwiss Franc1 EUR = 1.622 CHF1 CHF = 0.616 EUR
Japanese YenPound Sterling1 JPY = 0.472 GBP1 GBP = 2.118 JPY
Japanese YenAustralian Dollar1 JPY = 0.971 AUD1 AUD = 1.030 JPY
Japanese YenCanadian Dollar1 JPY = 0.942 CAD1 CAD = 1.062 JPY
Japanese YenSwiss Franc1 JPY = 0.960 CHF1 CHF = 1.042 JPY
Pound SterlingAustralian Dollar1 GBP = 2.057 AUD1 AUD = 0.486 GBP
Pound SterlingCanadian Dollar1 GBP = 1.994 CAD1 CAD = 0.502 GBP
Pound SterlingSwiss Franc1 GBP = 2.032 CHF1 CHF = 0.492 GBP
Australian DollarCanadian Dollar1 AUD = 0.969 CAD1 CAD = 1.032 AUD
Australian DollarSwiss Franc1 AUD = 0.988 CHF1 CHF = 1.013 AUD
Canadian DollarSwiss Franc1 CAD = 1.019 CHF1 CHF = 0.981 CAD

See what else happened on July 10th, 2008