Financial news on August 12th, 2010
Business and Financial news
To improve operations, the online grocer has created a real-time database to follow every step — and misstep — of each business day. Read more..
General Motors on Thursday reported a $1.3 billion second-quarter profit as it prepared to file for an initial public offering. Read more..
G.M. is expected to report a second-quarter profit of $1 billion or more on Thursday, setting the stage for the long-awaited filing, which could come as soon as Friday. Read more..
As economic recovery wavers in the United States, evidence is mounting that growth abroad is also slowing and may be unable to sustain the fragile rebound here. Read more..
MetLife and Prudential Financial, the two biggest life insurers in the United States, are being investigated by the Georgia state regulator for earning investment income by retaining death benefits, Bloomberg News reported. Read more..
A missing Send button on the e-mail toolbar, a laptop that shuts itself down and ways to weed out duplicate tunes in an iTunes library. Read more..
A transition at the top, for a successor chosen by General Motors’ board, was taken as a sign of the government’s shrinking role in the automaker. Read more..
As policy makers search for a resolution to the mortgage crisis, they need to recognize a critical aspect of the problem: today’s mortgages are designed for yesterday’s borrowers, writes Katherine V. W. Stone in an Op-Ed for the New York Times. Read more..
Wall Street bonuses are likely rise this year, despite regulatory pressure over compensation, as the financial sector recovers from recession faster than the broader American economy, according to a compensation consulting firm. Read more..
The Federal Reserve policy committee said on Tuesday that the economy had slowed recently and was not expected to improve anytime soon. In an editorial, The New York Times looks at the markets’ response. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Cisco Systems | CSCO | 21.42 | 21.61 | 21.00 | 21.36 | 227M |
Intel | INTC | 19.17 | 19.73 | 19.08 | 19.45 | 86.6M |
Microsoft | MSFT | 24.42 | 24.68 | 24.36 | 24.49 | 70.2M |
General Electric | GE | 15.42 | 15.68 | 15.34 | 15.50 | 58.2M |
HP Inc. | HPQ | 40.23 | 40.47 | 39.95 | 40.14 | 52.7M |
Pfizer | PFE | 15.90 | 16.23 | 15.86 | 16.20 | 48.5M |
JPMorgan Chase | JPM | 37.36 | 37.99 | 37.22 | 37.81 | 35.4M |
Oracle Corp. | ORCL | 23.24 | 23.39 | 22.73 | 22.94 | 33.7M |
Wells Fargo & Co. | WFC | 26.00 | 26.39 | 25.87 | 26.00 | 31.9M |
Verizon Communications | VZ | 29.38 | 30.38 | 29.23 | 30.32 | 30.9M |
AT&T Inc. | T | 26.46 | 26.95 | 26.40 | 26.66 | 30.5M |
Comcast | CMCSA | 17.75 | 18.26 | 17.67 | 18.17 | 23.2M |
Apple | AAPL | 246.69 | 253.10 | 246.12 | 251.79 | 19.1M |
ExxonMobil | XOM | 59.70 | 60.56 | 59.56 | 60.23 | 17M |
Wal-Mart Stores | WMT | 50.56 | 50.78 | 50.01 | 50.43 | 12.8M |
Walt Disney & Co. | DIS | 33.85 | 34.30 | 33.71 | 33.99 | 11.8M |
Procter & Gamble | PG | 59.99 | 60.48 | 59.38 | 59.99 | 11.6M |
ConocoPhillips | COP | 54.94 | 55.64 | 54.60 | 55.35 | 10.3M |
Home Depot | HD | 27.53 | 27.75 | 27.31 | 27.61 | 9.89M |
Altria | MO | 22.27 | 22.52 | 22.15 | 22.45 | 9.71M |
Gilead Sciences | GILD | 34.08 | 34.81 | 34.00 | 34.66 | 9.68M |
Coca-Cola | KO | 55.53 | 55.87 | 55.35 | 55.69 | 9.39M |
Abbott Laboratories | ABT | 49.91 | 50.54 | 49.73 | 50.39 | 9.21M |
Merck | MRK | 34.65 | 35.25 | 34.60 | 35.04 | 9.16M |
UnitedHealth Group | UNH | 31.71 | 32.24 | 31.57 | 32.13 | 9M |
Chevron | CVX | 76.41 | 77.78 | 76.20 | 77.07 | 8.99M |
Johnson & Johnson | JNJ | 58.15 | 58.71 | 58.10 | 58.52 | 8.24M |
Schlumberger | SLB | 58.73 | 59.89 | 58.63 | 59.30 | 7.8M |
Bristol-Myers Squibb | BMY | 26.01 | 26.39 | 26.00 | 26.33 | 7.35M |
Amgen | AMGN | 53.63 | 54.98 | 53.04 | 54.75 | 6.23M |
Visa | V | 72.78 | 74.19 | 72.53 | 72.98 | 6.17M |
McDonald's | MCD | 71.04 | 72.15 | 71.04 | 72.06 | 5.64M |
International Business Machines | IBM | 127.69 | 128.78 | 127.52 | 128.30 | 5.13M |
Pepsico | PEP | 64.91 | 65.35 | 64.78 | 65.18 | 4.92M |
Alphabet | GOOGL | 483.94 | 494.75 | 482.51 | 492.01 | 4.4M |
Amazon | AMZN | 123.76 | 127.00 | 123.55 | 126.56 | 4.37M |
Berkshire Hathaway | BRK.B | 77.00 | 77.49 | 76.64 | 77.02 | 4.14M |
Boeing | BA | 64.65 | 65.27 | 64.44 | 64.70 | 3.85M |
3M | MMM | 83.30 | 84.63 | 83.16 | 84.01 | 3.44M |
United Technologies | UTX | 70.35 | 70.94 | 70.29 | 70.58 | 2.86M |
Union Pacific | UNP | 73.38 | 74.05 | 72.51 | 73.82 | 2.55M |
Exchange Rates of August 12th, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 85.860 JPY | 1 JPY = 0.012 USD |
US Dollar | Canadian Dollar | 1 USD = 1.042 CAD | 1 CAD = 0.960 USD |
US Dollar | Swiss Franc | 1 USD = 1.050 CHF | 1 CHF = 0.952 USD |
US Dollar | Chinese Yuan | 1 USD = 6.785 CNY | 1 CNY = 0.147 USD |
Euro | Japanese Yen | 1 EUR = 110.140 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.823 GBP | 1 GBP = 1.214 EUR |
Euro | Australian Dollar | 1 EUR = 1.431 AUD | 1 AUD = 0.699 EUR |
Euro | Canadian Dollar | 1 EUR = 1.337 CAD | 1 CAD = 0.748 EUR |
Euro | Swiss Franc | 1 EUR = 1.347 CHF | 1 CHF = 0.743 EUR |
Euro | Chinese Yuan | 1 EUR = 8.704 CNY | 1 CNY = 0.115 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.747 GBP | 1 GBP = 1.338 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.299 AUD | 1 AUD = 0.770 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.213 CAD | 1 CAD = 0.824 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.222 CHF | 1 CHF = 0.818 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.737 AUD | 1 AUD = 0.576 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.623 CAD | 1 CAD = 0.616 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.635 CHF | 1 CHF = 0.612 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.556 CNY | 1 CNY = 0.095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.934 CAD | 1 CAD = 1.071 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.940 CHF | 1 CHF = 1.064 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.077 CNY | 1 CNY = 0.165 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.007 CHF | 1 CHF = 0.993 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.509 CNY | 1 CNY = 0.154 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.462 CNY | 1 CNY = 0.155 CHF |
See what else happened on August 12th, 2010