Financial news on July 12, 2010

Business and Financial news
A Film That Explores Humanity on Wall Street

Actors in “Margin Call,” a film about bankers dealing with the financial crisis, described how they researched their roles. Read more..

By ERIC DASH - The New York Times

A Web Site That’s Not Afraid to Pick a Fight

In its usual controversial tone, Jezebel, a blog for women, garnered more than 211,000 page views on a post calling “The Daily Show” sexist. Read more..

By JENNIFER MASCIA - The New York Times

Dubai World Backs Out of Malaysia Property

The property arm of the embattled state conglomerate Dubai World is selling off its stake in a luxury property partnership in Malaysia, according to press reports. Read more..

By DEALBOOK - The New York Times

In Cable Delivery, Rivals Are Pouncing

Verizon’s play for subscribers is fresh evidence that cable giants like Time Warner are under increasing pressure. Read more..

By BROOKS BARNES and BRIAN STELTER - The New York Times

Numberplay: The Pyramid of Shame

A set of problems to drive home the fallacy behind pyramid or Ponzi schemes. Read more..

By PRADEEP MUTALIK - The New York Times

Short-term Borrowing a Gathering Storm

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. Read more..

By DEALBOOK - The New York Times

Simons Links SUNY Gift to Tuition Flexibility

James Simons, a hedge fund manager who is one of the world’s wealthiest men, has emerged as a powerful behind-the-scenes force, in a battle over Gov. David A. Paterson’s controversial proposal to overhaul New York’s public universities, The New York Times reports. Read more..

By DEALBOOK - The New York Times

Staples to Buy Corporate Express Australia

The American office products retailer Staples will complete a proposed deal to buy Corporate Express Australia, the company said on Sunday, Reuters reported. Read more..

By DEALBOOK - The New York Times

YouTube Will Back Its Most Promising Video Creators

YouTube, a division of Google, is exploring a new way to get more high-quality clips on its site: financing amateur video creators. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20,31 20,65 20,30 20,57 56.6M
Microsoft MSFT 24,43 24,89 24,42 24,83 49.9M
General Electric GE 14,90 14,99 14,78 14,93 38.4M
Pfizer PFE 14,73 14,94 14,69 14,93 38.4M
Cisco Systems CSCO 22,61 22,98 22,61 22,86 30.6M
Comcast CMCSA 17,92 18,59 17,85 18,51 30.3M
JPMorgan Chase JPM 38,86 39,34 38,60 39,19 25M
ExxonMobil XOM 58,29 58,94 58,20 58,94 23.5M
Verizon Communications VZ 26,65 26,70 26,42 26,49 20.7M
Apple AAPL 258,53 261,85 254,86 257,29 20.1M
Oracle Corp. ORCL 23,21 23,48 23,11 23,38 19.3M
Wells Fargo & Co. WFC 26,93 27,13 26,56 27,06 18.8M
AT&T Inc. T 24,75 24,86 24,61 24,84 17.3M
Home Depot HD 28,23 28,76 28,23 28,31 14.3M
Wal-Mart Stores WMT 49,78 50,33 49,68 50,12 13.4M
Bristol-Myers Squibb BMY 25,60 25,60 25,11 25,26 12.7M
Merck MRK 36,20 36,24 35,84 36,09 12.6M
ConocoPhillips COP 52,04 52,64 51,78 52,10 12.4M
Abbott Laboratories ABT 48,10 48,10 47,60 47,82 12M
Johnson & Johnson JNJ 60,48 60,54 60,06 60,21 10.8M
Altria MO 21,40 21,48 21,23 21,30 10.7M
HP Inc. HPQ 45,02 45,78 45,02 45,68 10.5M
Walt Disney & Co. DIS 33,58 33,89 33,39 33,77 10.1M
Gilead Sciences GILD 34,70 34,73 34,30 34,48 9.48M
UnitedHealth Group UNH 29,91 30,07 29,61 30,04 8.9M
Procter & Gamble PG 61,54 62,16 61,34 62,09 8.32M
Chevron CVX 71,53 72,13 71,35 71,85 7.35M
Schlumberger SLB 58,42 58,96 57,60 58,25 7.02M
Alphabet GOOGL 472,37 479,44 471,08 475,83 6.66M
McDonald's MCD 68,96 70,00 68,96 69,94 5.42M
Coca-Cola KO 52,16 52,47 51,95 52,45 5.39M
Berkshire Hathaway BRK.B 79,57 79,80 78,66 79,47 5.08M
Amazon AMZN 117,81 119,70 117,32 119,51 4.78M
Amgen AMGN 52,24 52,56 51,90 52,44 4.25M
International Business Machines IBM 127,37 128,83 127,16 128,67 4.21M
Pepsico PEP 63,25 63,75 63,05 63,74 4.21M
Visa V 75,99 77,37 75,88 76,51 3.96M
Union Pacific UNP 71,27 72,92 71,02 72,69 3.87M
United Technologies UTX 67,18 67,59 66,27 66,68 3.79M
3M MMM 81,87 82,26 81,36 82,26 3.21M
Boeing BA 64,55 64,98 64,01 64,34 2.3M
Exchange Rates of July 12, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 88,620 JPY 1 JPY = 0,011 USD
US Dollar Canadian Dollar 1 USD = 1,036 CAD 1 CAD = 0,965 USD
US Dollar Swiss Franc 1 USD = 1,060 CHF 1 CHF = 0,943 USD
US Dollar Chinese Yuan 1 USD = 6,772 CNY 1 CNY = 0,148 USD
Euro Japanese Yen 1 EUR = 111,560 JPY 1 JPY = 0,009 EUR
Euro Pound Sterling 1 EUR = 0,838 GBP 1 GBP = 1,194 EUR
Euro Australian Dollar 1 EUR = 1,435 AUD 1 AUD = 0,697 EUR
Euro Canadian Dollar 1 EUR = 1,304 CAD 1 CAD = 0,767 EUR
Euro Swiss Franc 1 EUR = 1,335 CHF 1 CHF = 0,749 EUR
Euro Chinese Yuan 1 EUR = 8,523 CNY 1 CNY = 0,117 EUR
Japanese Yen Pound Sterling 1 JPY = 0,750 GBP 1 GBP = 1,333 JPY
Japanese Yen Australian Dollar 1 JPY = 1,286 AUD 1 AUD = 0,778 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,169 CAD 1 CAD = 0,856 JPY
Japanese Yen Swiss Franc 1 JPY = 1,196 CHF 1 CHF = 0,836 JPY
Pound Sterling Australian Dollar 1 GBP = 1,713 AUD 1 AUD = 0,584 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,557 CAD 1 CAD = 0,642 GBP
Pound Sterling Swiss Franc 1 GBP = 1,593 CHF 1 CHF = 0,628 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,163 CNY 1 CNY = 0,098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,909 CAD 1 CAD = 1,100 AUD
Australian Dollar Swiss Franc 1 AUD = 0,930 CHF 1 CHF = 1,075 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,940 CNY 1 CNY = 0,168 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,023 CHF 1 CHF = 0,977 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,536 CNY 1 CNY = 0,153 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,383 CNY 1 CNY = 0,157 CHF

See what else happened on July 12, 2010