Financial news on August 20th, 2007

Business and Financial news
Ad Growth for AOL Called Vital to a Remake

A precipitous slowdown in advertising growth has raised new questions about AOL’s transformation plans. Read more..

By MIGUEL HELFT - The New York Times

A Fourth Way to Deliver TV to the Home

Secretive Silicon Valley startup Building B gets funding and reveals plans to upend the television business. Read more..

By BRAD STONE - The New York Times

After 7-Eleven, Simpsons Move to eBay

Fans of The Simpsons TV series have been bidding up Kwik-E-Mart mementos for sale on eBay that are left over from a promotion for “The Simpsons Movie.” Read more..

By LIA MILLER - The New York Times

Changing Technology Politics: Cisco-Microsoft

Cisco and Microsoft join hands in peace and harmony, sort of. Read more..

By STEVE LOHR - The New York Times

For Media Columnist, Everywhere He Turns It’s More Murdoch

Doubleday will publish Vanity Fair writer Michael Wolff’s biography of Rupert Murdoch, the chairman of the News Corporation. Read more..

By ANDREW ADAM NEWMAN - The New York Times

HSBC in Talks to Buy Stake in Korea Exchange Bank

HSBC said it was in talks with the Texas-based private equity fund Lone Star to buy a majority stake in the Korea Exchange Bank. Read more..

By CHOE SANG-HUN - The New York Times

News Coverage Shifts to Election From War in Iraq

In the second quarter of the year, the news media paid increased attention to the presidential campaign and the immigration debate. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Popular Demand

The top 40 people cited in the world’s 56 million blogs, as tracked on, tend to be political figures like Rudolph W. Giuliani, above, and celebrities like Britney Spears. Four presidential candidates made the top 10 list on Friday. H... Read more..

By SHELLY FREIERMAN - The New York Times

QuickBits: Calacanis, Moritz and Blodget, Oh My

What’s news on blogs and in online publications, with mentions of AT&T, Facebook and AMD. Read more..

By DAMON DARLIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO29,9130,3129,5229,7650.7M
General ElectricGE38,4938,5037,7538,2240.3M
JPMorgan ChaseJPM47,1747,5145,0746,4932.7M
Wells Fargo & Co.WFC37,2237,3036,3537,1029M
Oracle Corp.ORCL19,2519,4118,9519,1124M
Wal-Mart StoresWMT43,7043,8242,9643,5923M
Home DepotHD33,6733,9433,3133,7918.5M
AT&T Inc.T39,6539,8338,3438,6518.2M
HP Inc.HPQ47,3247,4545,9046,5816.8M
Johnson & JohnsonJNJ61,8462,1061,5461,8313M
Verizon CommunicationsVZ40,7941,5140,7541,1111.2M
Bristol-Myers SquibbBMY27,7528,3227,6528,1211M
Walt Disney & Co.DIS32,7833,1132,5232,9110.8M
International Business MachinesIBM110,90111,10109,13109,229.84M
Procter & GamblePG65,1565,8064,7265,019.52M
Abbott LaboratoriesABT52,6653,2152,0252,398.66M
UnitedHealth GroupUNH50,1250,4749,2249,557.08M
United TechnologiesUTX73,7075,0272,9674,706.39M
Gilead SciencesGILD37,8638,0037,1037,824.76M
Union PacificUNP105,75112,43105,75111,734.36M
Berkshire HathawayBRK.B3960,003970,003885,003962,0020.7K
Exchange Rates of August 20th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114,870 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,055 CAD1 CAD = 0,948 USD
US DollarSwiss Franc1 USD = 1,206 CHF1 CHF = 0,829 USD
US DollarChinese Yuan1 USD = 7,588 CNY1 CNY = 0,132 USD
EuroJapanese Yen1 EUR = 154,760 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,678 GBP1 GBP = 1,476 EUR
EuroAustralian Dollar1 EUR = 1,671 AUD1 AUD = 0,599 EUR
EuroCanadian Dollar1 EUR = 1,422 CAD1 CAD = 0,703 EUR
EuroSwiss Franc1 EUR = 1,625 CHF1 CHF = 0,616 EUR
Japanese YenPound Sterling1 JPY = 0,438 GBP1 GBP = 2,285 JPY
Japanese YenAustralian Dollar1 JPY = 1,079 AUD1 AUD = 0,927 JPY
Japanese YenCanadian Dollar1 JPY = 0,918 CAD1 CAD = 1,089 JPY
Japanese YenSwiss Franc1 JPY = 1,049 CHF1 CHF = 0,953 JPY
Pound SterlingAustralian Dollar1 GBP = 2,466 AUD1 AUD = 0,406 GBP
Pound SterlingCanadian Dollar1 GBP = 2,097 CAD1 CAD = 0,477 GBP
Pound SterlingSwiss Franc1 GBP = 2,396 CHF1 CHF = 0,417 GBP
Australian DollarCanadian Dollar1 AUD = 0,850 CAD1 CAD = 1,176 AUD
Australian DollarSwiss Franc1 AUD = 0,972 CHF1 CHF = 1,029 AUD
Canadian DollarSwiss Franc1 CAD = 1,142 CHF1 CHF = 0,875 CAD

See what else happened on August 20th, 2007