Financial news on August 18, 2010

Business and Financial news
A Resort for Gays Rises in Manhattan

The Out NYC Urban Resort is one of a number of gay-themed entertainment complexes recently opened or planned across the country. Read more..

By BETH GREENFIELD - The New York Times

China Huaneng Group May Acquire InterGen

China Huaneng Group, the nation’s biggest electricity producer, is in advanced talks to buy a stake in Massachusetts-based power utility InterGen for about $1.2 billion. Read more..

By DEALBOOK - The New York Times

Continued Inflation Is Called Temporary

The Bank of England has presented various reasons that inflation is picking up while economic growth is lagging. Read more..

By JULIA WERDIGIER - The New York Times

Given Money, Schools Wait on Rehiring Teachers

Some of the nation’s biggest school districts are balking at using federal aid to hire teachers right away, citing looming budget deficits. Read more..

By MOTOKO RICH - The New York Times

Google Sued in Spain Over Data Collecting

A court is investigating charges that Google broke Spanish law while gathering photographs for Street View, its photo-mapping service. Read more..

By RAPHAEL MINDER - The New York Times

In Mott’s Strike, More Than Pay at Stake

A fight at an apple juice plant pits a company earning record profits against workers determined to resist cuts. Read more..

By STEVEN GREENHOUSE - The New York Times

Leery of Washington, Alaska Feasts on Its Dollars

No state benefits more from federal largess, but a senator voted against the stimulus bill and the governor decries “intrusive” policies. Read more..

By MICHAEL POWELL - The New York Times

London Bankers Can Dress for More Than Success

Cad and The Dandy, a bespoke tailor, is running a contest to find the best-dressed banker in London. Read more..

By JULIA WERDIGIER - The New York Times

Moffat: His Mistress Made Him Do It

Robert Moffat, the former I.B.M. executive who pleaded guilty in a widespread insider trading case centering on Galleon Group, is playing the mistress-made-me-do-it card, according to The New York Post. Read more..

By DEALBOOK - The New York Times

Viterra Snaps Up 21st Century Grain Processing

21st Century Grain Processing has been acquired by Viterra in a $90.5 million deal, The Kansas City Business Journal reported. Read more..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 22.04 22.51 22.02 22.41 73M
Intel INTC 19.53 19.78 19.47 19.59 59M
Pfizer PFE 16.21 16.35 16.01 16.10 49.4M
Microsoft MSFT 24.68 24.95 24.41 24.82 46.8M
General Electric GE 15.58 15.74 15.51 15.70 42.3M
Wells Fargo & Co. WFC 25.30 25.67 25.09 25.38 38.1M
AT&T Inc. T 26.95 27.39 26.85 27.28 29.7M
JPMorgan Chase JPM 37.39 38.19 37.39 37.89 27M
Comcast CMCSA 17.79 18.35 17.75 18.11 23.2M
HP Inc. HPQ 41.15 41.61 40.89 41.36 22.2M
Gilead Sciences GILD 33.99 34.15 33.73 33.77 20.1M
ExxonMobil XOM 60.67 60.72 59.63 60.15 20.1M
Oracle Corp. ORCL 22.91 23.25 22.80 23.09 19M
Wal-Mart Stores WMT 51.00 51.32 50.62 50.86 15.7M
Altria MO 22.86 22.98 22.76 22.93 15.5M
Home Depot HD 28.35 29.00 28.32 28.86 13.7M
Verizon Communications VZ 30.16 30.29 29.81 30.15 13.6M
Abbott Laboratories ABT 50.63 50.72 50.22 50.23 12.8M
Bristol-Myers Squibb BMY 26.53 26.57 26.23 26.28 12.2M
Apple AAPL 252.36 254.67 251.58 253.07 12.1M
Procter & Gamble PG 60.16 61.06 60.04 60.75 10.7M
Johnson & Johnson JNJ 59.46 59.82 59.03 59.35 10.5M
Merck MRK 35.49 35.59 35.03 35.37 9.13M
Schlumberger SLB 60.07 60.17 58.72 59.18 8.5M
Walt Disney & Co. DIS 33.81 34.22 33.40 33.91 8.32M
Chevron CVX 77.61 77.73 76.54 77.04 8.31M
Coca-Cola KO 56.11 56.12 55.61 55.84 8.31M
ConocoPhillips COP 55.86 55.93 54.92 55.42 7.93M
Amazon AMZN 129.25 130.81 128.26 129.65 7.9M
Berkshire Hathaway BRK.B 77.70 79.48 77.44 78.79 6.55M
UnitedHealth Group UNH 32.28 32.96 32.12 32.54 6.44M
McDonald's MCD 73.23 73.82 72.80 73.25 6.03M
Amgen AMGN 53.69 54.30 53.15 54.14 5.55M
Alphabet GOOGL 490.44 490.87 481.55 482.15 5.37M
United Technologies UTX 70.34 70.60 69.29 69.93 4.94M
International Business Machines IBM 128.87 130.20 127.80 129.39 4.88M
Pepsico PEP 65.66 65.84 65.25 65.52 3.86M
3M MMM 83.78 84.00 82.41 83.61 3.2M
Union Pacific UNP 74.85 76.44 74.40 76.00 3.19M
Visa V 73.08 73.38 72.52 72.88 3.06M
Boeing BA 66.05 66.36 64.99 66.00 2.81M
Exchange Rates of August 18, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 85.380 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.029 CAD 1 CAD = 0.972 USD
US Dollar Swiss Franc 1 USD = 1.042 CHF 1 CHF = 0.960 USD
US Dollar Chinese Yuan 1 USD = 6.792 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 109.730 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.824 GBP 1 GBP = 1.214 EUR
Euro Australian Dollar 1 EUR = 1.430 AUD 1 AUD = 0.699 EUR
Euro Canadian Dollar 1 EUR = 1.322 CAD 1 CAD = 0.756 EUR
Euro Swiss Franc 1 EUR = 1.340 CHF 1 CHF = 0.746 EUR
Euro Chinese Yuan 1 EUR = 8.731 CNY 1 CNY = 0.115 EUR
Japanese Yen Pound Sterling 1 JPY = 0.751 GBP 1 GBP = 1.332 JPY
Japanese Yen Australian Dollar 1 JPY = 1.303 AUD 1 AUD = 0.768 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.204 CAD 1 CAD = 0.830 JPY
Japanese Yen Swiss Franc 1 JPY = 1.220 CHF 1 CHF = 0.819 JPY
Pound Sterling Australian Dollar 1 GBP = 1.736 AUD 1 AUD = 0.576 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.604 CAD 1 CAD = 0.623 GBP
Pound Sterling Swiss Franc 1 GBP = 1.626 CHF 1 CHF = 0.615 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.585 CNY 1 CNY = 0.094 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.924 CAD 1 CAD = 1.082 AUD
Australian Dollar Swiss Franc 1 AUD = 0.936 CHF 1 CHF = 1.068 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.102 CNY 1 CNY = 0.164 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.013 CHF 1 CHF = 0.987 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.603 CNY 1 CNY = 0.151 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.515 CNY 1 CNY = 0.154 CHF

See what else happened on August 18, 2010