Financial news on August 11, 2010
Business and Financial news
Yields on 10-year Treasury securities, a vital benchmark for home mortgages and corporate loans, tumbled to the lowest level in more than a year on Tuesday after the Federal Reserve said it would buy up government debt in an effort to bolster the nation’s increasingly fragile economy. Read more..
Robert F. X. Sillerman’s latest run at CKX has many issues that need to be resolved, enough that the bid rises to “deal from hell” status, according to the Deal Professor. Read more..
The surplus, which had been forecast for $19 billion, could renew frictions with the United States. Read more..
Barclays Capital is set to announce plans to lay off several hundred back-office workers, a person with direct knowledge of the matter told DealBook on Wednesday. Read more..
A small group of former magazine journalists and editors plan to publish Nomad Editions, creating content specifically for mobile technology. Read more..
Office rents in Manhattan declined steeply in the recession, with some dipping to the lowest level in five years by 2010. Read more..
Land taken out of farm production for lack of water is being proposed for solar projects. Utilities and farmers are interested. Read more..
Observers speculated that R.I.M. might have given the Saudi government encrypted information, but no help in decoding it. Read more..
When reports began circulating last week that a Chinese investor was bidding to take over Liverpool Football Club in the English Premier League, British tabloids quickly called him King Kenny. Writing in The New York Times, David Barboza takes a look at the man behind the bid. Read more..
A federal judge on Tuesday ordered Wells Fargo to pay California customers $203 million in restitution for claims that it had manipulated transactions to maximize the overdraft fees it charged. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 19,53 | 19,58 | 19,30 | 19,43 | 99.1M |
General Electric | GE | 15,98 | 16,03 | 15,54 | 15,70 | 77.2M |
Microsoft | MSFT | 24,68 | 24,90 | 24,56 | 24,86 | 76.7M |
Cisco Systems | CSCO | 23,86 | 23,95 | 23,45 | 23,73 | 71.5M |
HP Inc. | HPQ | 42,08 | 42,15 | 40,66 | 40,77 | 57.8M |
Pfizer | PFE | 16,30 | 16,34 | 15,99 | 16,00 | 53.7M |
JPMorgan Chase | JPM | 38,65 | 38,78 | 37,75 | 37,77 | 46.2M |
Wells Fargo & Co. | WFC | 27,26 | 27,39 | 26,26 | 26,30 | 39.6M |
AT&T Inc. | T | 26,66 | 26,79 | 26,51 | 26,55 | 29.1M |
Oracle Corp. | ORCL | 23,91 | 23,94 | 23,56 | 23,66 | 25.7M |
ExxonMobil | XOM | 60,55 | 60,66 | 60,20 | 60,39 | 24.3M |
Comcast | CMCSA | 18,22 | 18,34 | 17,97 | 18,01 | 22.9M |
Apple | AAPL | 255,40 | 255,69 | 249,81 | 250,19 | 22.1M |
Verizon Communications | VZ | 29,58 | 29,90 | 29,51 | 29,56 | 18.5M |
UnitedHealth Group | UNH | 32,85 | 33,15 | 31,74 | 31,99 | 17.3M |
Walt Disney & Co. | DIS | 34,77 | 34,77 | 34,13 | 34,22 | 15M |
ConocoPhillips | COP | 55,96 | 56,00 | 55,20 | 55,51 | 13.9M |
Altria | MO | 22,38 | 22,68 | 22,36 | 22,44 | 13.6M |
Abbott Laboratories | ABT | 51,03 | 51,11 | 50,27 | 50,39 | 13.2M |
Procter & Gamble | PG | 60,18 | 60,64 | 60,00 | 60,27 | 12.9M |
Merck | MRK | 35,31 | 35,50 | 34,82 | 34,89 | 12.4M |
Coca-Cola | KO | 56,24 | 56,75 | 55,98 | 56,04 | 12.2M |
Gilead Sciences | GILD | 35,25 | 35,38 | 34,46 | 34,56 | 11.7M |
Home Depot | HD | 27,93 | 28,06 | 27,60 | 27,71 | 11.7M |
Johnson & Johnson | JNJ | 58,92 | 58,95 | 58,30 | 58,50 | 11.5M |
Wal-Mart Stores | WMT | 51,62 | 51,62 | 50,98 | 51,02 | 11.3M |
Chevron | CVX | 77,97 | 77,98 | 77,02 | 77,13 | 10.6M |
Schlumberger | SLB | 60,98 | 61,08 | 59,63 | 60,06 | 9.89M |
Bristol-Myers Squibb | BMY | 26,32 | 26,50 | 26,15 | 26,25 | 8.81M |
International Business Machines | IBM | 130,69 | 130,69 | 129,46 | 129,83 | 6.32M |
Berkshire Hathaway | BRK.B | 78,92 | 79,00 | 77,41 | 77,50 | 6.15M |
Visa | V | 74,00 | 74,35 | 73,00 | 73,51 | 5.78M |
Pepsico | PEP | 65,98 | 66,07 | 65,45 | 65,45 | 5.54M |
Amazon | AMZN | 128,10 | 128,12 | 125,20 | 125,89 | 5.54M |
McDonald's | MCD | 72,01 | 72,32 | 71,50 | 71,57 | 5.48M |
Amgen | AMGN | 54,75 | 54,90 | 53,50 | 53,69 | 5.47M |
Boeing | BA | 67,18 | 67,26 | 64,92 | 65,60 | 5.23M |
United Technologies | UTX | 72,16 | 72,33 | 70,77 | 71,27 | 4.84M |
3M | MMM | 85,90 | 85,99 | 83,53 | 84,10 | 4.51M |
Alphabet | GOOGL | 497,73 | 498,00 | 491,50 | 491,74 | 4.44M |
Union Pacific | UNP | 76,42 | 76,44 | 73,65 | 74,28 | 3.61M |
Exchange Rates of August 11, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 85,240 JPY | 1 JPY = 0,012 USD |
US Dollar | Canadian Dollar | 1 USD = 1,047 CAD | 1 CAD = 0,955 USD |
US Dollar | Swiss Franc | 1 USD = 1,060 CHF | 1 CHF = 0,943 USD |
US Dollar | Chinese Yuan | 1 USD = 6,776 CNY | 1 CNY = 0,148 USD |
Euro | Japanese Yen | 1 EUR = 109,510 JPY | 1 JPY = 0,009 EUR |
Euro | Pound Sterling | 1 EUR = 0,821 GBP | 1 GBP = 1,217 EUR |
Euro | Australian Dollar | 1 EUR = 1,436 AUD | 1 AUD = 0,696 EUR |
Euro | Canadian Dollar | 1 EUR = 1,345 CAD | 1 CAD = 0,744 EUR |
Euro | Swiss Franc | 1 EUR = 1,362 CHF | 1 CHF = 0,734 EUR |
Euro | Chinese Yuan | 1 EUR = 8,703 CNY | 1 CNY = 0,115 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,750 GBP | 1 GBP = 1,334 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,311 AUD | 1 AUD = 0,763 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,227 CAD | 1 CAD = 0,815 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,244 CHF | 1 CHF = 0,804 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1,748 AUD | 1 AUD = 0,572 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,637 CAD | 1 CAD = 0,611 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,659 CHF | 1 CHF = 0,603 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10,581 CNY | 1 CNY = 0,095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,936 CAD | 1 CAD = 1,068 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,948 CHF | 1 CHF = 1,055 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6,060 CNY | 1 CNY = 0,165 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,013 CHF | 1 CHF = 0,987 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6,468 CNY | 1 CNY = 0,155 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6,388 CNY | 1 CNY = 0,157 CHF |
See what else happened on August 11, 2010