Financial news on August 22, 2011

Business and Financial news
A Conservative Beachhead in the Sunshine

Far from Tea Party country, South Florida has become a magnet for conservative media personalities. Read more..

By JEREMY W. PETERS - The New York Times

Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal

Attorney General Eric T. Schneiderman of New York is under pressure from the Obama administration to drop opposition to a state settlement with banks over foreclosure practices. Read more..

By GRETCHEN MORGENSON - The New York Times

Dip in Mobile Shipments to Western Europe Causes Concern

Consumers are hanging on to their phones a little longer as they watch the European Union’s debt crisis. Read more..

By KEVIN J. O'BRIEN - International Herald Tribune

Federal Push for ‘Cloud’ Technology Faces Skepticism

The White House’s plan to use “cloud computing” to achieve a leaner government is being met with caution at some of the federal agencies that have to carry it out. Read more..

By SEAN COLLINS WALSH - The New York Times

Five Steps to Solving Europe’s Debt Crisis

Politicians and voters who balk at lending to other countries would have to be persuaded to underwrite the euro zone’s financial system. Read more..

By PETER THAL LARSEN - The New York Times

German Leaders Reiterate Opposition to Euro Bonds as a Way to Ease Crisis

Chancellor Angela Merkel reiterated that euro bonds would not be a solution to the debt crisis, adding that “politicians can’t and won’t simply run after the markets.” Read more..

By JACK EWING - The New York Times

Motorola’s Identity Crisis

It is no secret that Google wanted Motorola’s patents; the challenge comes in defining what else Motorola can bring to the deal. Read more..

By MATT RICHTEL and JENNA WORTHAM - The New York Times

News From the Advertising Industry

Account assignments, executive appointments and miscellaneous news from advertising agencies. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE15.5515.5515.0515.1169.4M
Cisco SystemsCSCO15.2315.4014.9515.0168.7M
HP Inc.HPQ24.1625.2324.1324.4561.1M
MicrosoftMSFT24.4224.4923.7923.9854.7M
Wells Fargo & Co.WFC24.0924.1222.8022.8951.3M
JPMorgan ChaseJPM35.1235.1833.3533.4151M
IntelINTC19.5519.6819.2619.3848.9M
PfizerPFE17.9818.1717.6217.6840.9M
Oracle Corp.ORCL25.4125.6224.8125.0637.8M
AT&T Inc.T28.6828.6828.2728.4535.9M
ExxonMobilXOM72.1572.1669.5870.1827.2M
General MotorsGM22.5422.7221.1821.7127.2M
AppleAAPL364.51364.88355.09356.4419.1M
MerckMRK31.6932.0031.1931.3119M
ComcastCMCSA20.4520.4519.7119.7817.3M
Abbott LaboratoriesABT49.8850.0049.2649.3815.8M
Verizon CommunicationsVZ35.4035.4334.7534.8215.4M
Walt Disney & Co.DIS32.4232.6531.9432.0215M
Wal-Mart StoresWMT52.2452.6452.0852.1913.8M
Johnson & JohnsonJNJ63.9964.1063.0163.2913.7M
Bristol-Myers SquibbBMY28.3028.6427.9428.0513.3M
Home DepotHD32.4032.6132.0332.2812.7M
Procter & GamblePG61.7461.9161.4561.7112.7M
ConocoPhillipsCOP65.3865.6963.0263.3311.7M
AltriaMO26.2326.2425.6825.8611.4M
ChevronCVX96.5596.5592.9593.3010.1M
Coca-ColaKO68.0168.0667.1767.279.83M
AlphabetGOOGL504.00507.00494.53498.179.8M
AmgenAMGN52.4253.0052.2052.319.29M
SchlumbergerSLB75.3875.4972.2672.498.76M
Gilead SciencesGILD37.9238.4037.5637.848.67M
PepsicoPEP62.7962.7961.7761.928.21M
International Business MachinesIBM161.35161.68157.62158.987.25M
UnitedHealth GroupUNH44.1744.3043.2943.617.16M
McDonald'sMCD88.2188.8987.3387.767.09M
BoeingBA59.1459.3658.0458.386.86M
Berkshire HathawayBRK.B69.2969.8767.7067.806.35M
United TechnologiesUTX69.0269.1667.1767.685.95M
AmazonAMZN182.83184.20177.10177.545.31M
VisaV81.2381.5079.2579.794.84M
3MMMM78.3478.5276.5076.954.43M
Union PacificUNP87.3388.0085.7085.984.29M
Exchange Rates of August 22, 2011
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 76.840 JPY1 JPY = 0.013 USD
US DollarCanadian Dollar1 USD = 0.990 CAD1 CAD = 1.010 USD
US DollarSwiss Franc1 USD = 0.790 CHF1 CHF = 1.266 USD
US DollarChinese Yuan1 USD = 6.401 CNY1 CNY = 0.156 USD
EuroJapanese Yen1 EUR = 110.300 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.872 GBP1 GBP = 1.147 EUR
EuroAustralian Dollar1 EUR = 1.381 AUD1 AUD = 0.724 EUR
EuroCanadian Dollar1 EUR = 1.422 CAD1 CAD = 0.703 EUR
EuroSwiss Franc1 EUR = 1.134 CHF1 CHF = 0.882 EUR
EuroChinese Yuan1 EUR = 9.190 CNY1 CNY = 0.109 EUR
Japanese YenPound Sterling1 JPY = 0.790 GBP1 GBP = 1.265 JPY
Japanese YenAustralian Dollar1 JPY = 1.251 AUD1 AUD = 0.799 JPY
Japanese YenCanadian Dollar1 JPY = 1.289 CAD1 CAD = 0.776 JPY
Japanese YenSwiss Franc1 JPY = 1.029 CHF1 CHF = 0.972 JPY
Pound SterlingAustralian Dollar1 GBP = 1.583 AUD1 AUD = 0.632 GBP
Pound SterlingCanadian Dollar1 GBP = 1.630 CAD1 CAD = 0.613 GBP
Pound SterlingSwiss Franc1 GBP = 1.301 CHF1 CHF = 0.769 GBP
Pound SterlingChinese Yuan1 GBP = 10.537 CNY1 CNY = 0.095 GBP
Australian DollarCanadian Dollar1 AUD = 1.030 CAD1 CAD = 0.971 AUD
Australian DollarSwiss Franc1 AUD = 0.821 CHF1 CHF = 1.218 AUD
Australian DollarChinese Yuan1 AUD = 6.657 CNY1 CNY = 0.150 AUD
Canadian DollarSwiss Franc1 CAD = 0.797 CHF1 CHF = 1.254 CAD
Canadian DollarChinese Yuan1 CAD = 6.463 CNY1 CNY = 0.155 CAD
Swiss FrancChinese Yuan1 CHF = 8.096 CNY1 CNY = 0.124 CHF

See what else happened on August 22, 2011