Financial news on August 13, 2008

Business and Financial news
A Film on the Trucking Life Also Promotes a Big Rig

A documentary film about truck drivers is being underwritten by a division of the Navistar International Corporation to help promote a new long-haul truck. Read more..

By STUART ELLIOTT - The New York Times

An S.U.V. Traffic Jam

The market for sport utility vehicles is starting to look a lot like the housing market, spreading pain to consumers, automakers and dealers. Read more..

By NICK BUNKLEY - The New York Times

Before the Gunfire, Cyberattacks

Weeks before physical bombs fell on Georgia, a security researcher was watching an attack against the country in cyberspace. Read more..

By JOHN MARKOFF - The New York Times

Did It Help to Curb Short Sales?

A rule that made it harder to short some financial stocks expired as the Securities and Exchange Commission considered whether to tighten the rules on short selling. Read more..

By FLOYD NORRIS - The New York Times

Ex-HBO Chief Quits Latest Job

Chris Albrecht, the former chief executive of HBO, said that he had stepped down from his role running IMG’s media and entertainment business. Read more..

By ANDREW ROSS SORKIN - The New York Times

G.M. Is Expected to Announce Expansion in Thailand

General Motors is expected to announce an expansion of G.M.’s production of small cars at its plant east of Bangkok and the construction of an engine plant for its Colorado pickup truck. Read more..

By THOMAS FULLER - The New York Times

In Slow Times, Rezoning Appeals to Developers

When the real estate market comes to a virtual halt, as it currently has, it may be time to rezone, even though such efforts can be time consuming. Read more..

By ALISON GREGOR - The New York Times

Singapore: Currency Rate Hurts Telecom Profit

Singapore Telecommunications, Southeast Asia’s largest phone company, reported a profit that fell more than analysts had estimated. Read more..

By BLOOMBERG NEWS - The New York Times

Study Tallies Corporations Not Paying Income Tax

Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report by the Government Accountability Office. Read more..

By LYNNLEY BROWNING - The New York Times

Sunnier Forecast for Corn and Soybean Harvest

After an extremely worrisome start that fanned fears of famine and economic devastation, the nation’s most crucial crop is on track for a bountiful harvest, the government said Tuesday. Read more..

By DAVID STREITFELD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 30.14 30.33 29.00 29.29 53.5M
Microsoft MSFT 28.07 28.50 27.76 27.91 51.2M
JPMorgan Chase JPM 37.64 37.65 36.15 36.91 48.6M
Intel INTC 24.29 24.75 24.03 24.12 46.3M
General Electric GE 29.58 29.66 29.08 29.31 38.7M
Pfizer PFE 19.75 19.85 19.56 19.64 36.7M
Cisco Systems CSCO 24.39 24.50 24.01 24.31 35.2M
ExxonMobil XOM 76.81 78.63 76.80 78.17 30.7M
Apple AAPL 177.98 180.00 175.90 179.30 30.1M
Oracle Corp. ORCL 22.79 23.15 22.57 23.01 26.1M
Wal-Mart Stores WMT 58.90 58.95 57.23 57.88 22.6M
AT&T Inc. T 31.52 31.61 30.84 31.30 22M
Home Depot HD 27.32 27.49 26.12 26.52 21.9M
ConocoPhillips COP 79.81 82.75 79.75 82.37 17.2M
Comcast CMCSA 21.76 22.01 21.55 21.86 15.9M
Chevron CVX 83.42 86.33 83.21 86.24 15.3M
McDonald's MCD 64.01 64.09 61.94 62.78 12.4M
Merck MRK 35.90 36.73 35.69 35.74 12M
Verizon Communications VZ 34.78 34.87 34.00 34.35 11.7M
Walt Disney & Co. DIS 32.12 32.20 31.52 31.74 11.1M
Procter & Gamble PG 70.22 70.24 69.20 69.60 10.7M
Johnson & Johnson JNJ 71.67 71.84 71.00 71.20 10.6M
Abbott Laboratories ABT 58.92 59.25 58.14 58.45 10.5M
Schlumberger SLB 92.87 96.37 92.69 95.91 9.98M
Coca-Cola KO 54.56 55.44 54.40 55.21 9.52M
HP Inc. HPQ 45.79 46.06 45.26 45.61 9.04M
Boeing BA 66.07 66.23 64.00 64.26 8.99M
Altria MO 21.62 21.75 21.47 21.55 8.15M
Visa V 72.75 74.17 72.48 73.93 7.48M
Amgen AMGN 63.12 64.08 63.05 63.49 7.37M
Alphabet GOOGL 501.60 503.54 493.88 500.03 7.24M
UnitedHealth Group UNH 31.49 31.83 30.87 31.61 7.22M
Amazon AMZN 86.28 88.25 84.54 86.69 7.21M
Pepsico PEP 69.35 70.13 69.21 69.74 6.09M
Union Pacific UNP 75.87 76.84 73.56 76.57 5.98M
Gilead Sciences GILD 56.97 57.63 56.01 56.81 5.95M
International Business Machines IBM 125.00 126.99 124.75 125.80 5.86M
Bristol-Myers Squibb BMY 22.09 22.21 21.83 21.98 4.81M
United Technologies UTX 66.14 66.56 65.21 66.10 4.36M
3M MMM 73.49 73.94 72.20 72.96 3.85M
Berkshire Hathaway BRK.B 3870.00 3874.00 3785.00 3805.00 28.1K
Exchange Rates of August 13, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 109.490 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.062 CAD 1 CAD = 0.942 USD
US Dollar Swiss Franc 1 USD = 1.085 CHF 1 CHF = 0.922 USD
US Dollar Chinese Yuan 1 USD = 6.857 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 163.380 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.798 GBP 1 GBP = 1.253 EUR
Euro Australian Dollar 1 EUR = 1.705 AUD 1 AUD = 0.587 EUR
Euro Canadian Dollar 1 EUR = 1.585 CAD 1 CAD = 0.631 EUR
Euro Swiss Franc 1 EUR = 1.619 CHF 1 CHF = 0.618 EUR
Japanese Yen Pound Sterling 1 JPY = 0.488 GBP 1 GBP = 2.048 JPY
Japanese Yen Australian Dollar 1 JPY = 1.043 AUD 1 AUD = 0.959 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.970 CAD 1 CAD = 1.031 JPY
Japanese Yen Swiss Franc 1 JPY = 0.991 CHF 1 CHF = 1.009 JPY
Pound Sterling Australian Dollar 1 GBP = 2.136 AUD 1 AUD = 0.468 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.985 CAD 1 CAD = 0.504 GBP
Pound Sterling Swiss Franc 1 GBP = 2.028 CHF 1 CHF = 0.493 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.929 CAD 1 CAD = 1.076 AUD
Australian Dollar Swiss Franc 1 AUD = 0.949 CHF 1 CHF = 1.054 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.021 CHF 1 CHF = 0.979 CAD

See what else happened on August 13, 2008