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

Stock Ticker symbol Open High Low Close Volume
General Electric GE 15.55 15.55 15.05 15.11 69.4M
Cisco Systems CSCO 15.23 15.40 14.95 15.01 68.7M
HP Inc. HPQ 24.16 25.23 24.13 24.45 61.1M
Microsoft MSFT 24.42 24.49 23.79 23.98 54.7M
Wells Fargo & Co. WFC 24.09 24.12 22.80 22.89 51.3M
JPMorgan Chase JPM 35.12 35.18 33.35 33.41 51M
Intel INTC 19.55 19.68 19.26 19.38 48.9M
Pfizer PFE 17.98 18.17 17.62 17.68 40.9M
Oracle Corp. ORCL 25.41 25.62 24.81 25.06 37.8M
AT&T Inc. T 28.68 28.68 28.27 28.45 35.9M
ExxonMobil XOM 72.15 72.16 69.58 70.18 27.2M
General Motors GM 22.54 22.72 21.18 21.71 27.2M
Apple AAPL 364.51 364.88 355.09 356.44 19.1M
Merck MRK 31.69 32.00 31.19 31.31 19M
Comcast CMCSA 20.45 20.45 19.71 19.78 17.3M
Abbott Laboratories ABT 49.88 50.00 49.26 49.38 15.8M
Verizon Communications VZ 35.40 35.43 34.75 34.82 15.4M
Walt Disney & Co. DIS 32.42 32.65 31.94 32.02 15M
Wal-Mart Stores WMT 52.24 52.64 52.08 52.19 13.8M
Johnson & Johnson JNJ 63.99 64.10 63.01 63.29 13.7M
Bristol-Myers Squibb BMY 28.30 28.64 27.94 28.05 13.3M
Home Depot HD 32.40 32.61 32.03 32.28 12.7M
Procter & Gamble PG 61.74 61.91 61.45 61.71 12.7M
ConocoPhillips COP 65.38 65.69 63.02 63.33 11.7M
Altria MO 26.23 26.24 25.68 25.86 11.4M
Chevron CVX 96.55 96.55 92.95 93.30 10.1M
Coca-Cola KO 68.01 68.06 67.17 67.27 9.83M
Alphabet GOOGL 504.00 507.00 494.53 498.17 9.8M
Amgen AMGN 52.42 53.00 52.20 52.31 9.29M
Schlumberger SLB 75.38 75.49 72.26 72.49 8.76M
Gilead Sciences GILD 37.92 38.40 37.56 37.84 8.67M
Pepsico PEP 62.79 62.79 61.77 61.92 8.21M
International Business Machines IBM 161.35 161.68 157.62 158.98 7.25M
UnitedHealth Group UNH 44.17 44.30 43.29 43.61 7.16M
McDonald's MCD 88.21 88.89 87.33 87.76 7.09M
Boeing BA 59.14 59.36 58.04 58.38 6.86M
Berkshire Hathaway BRK.B 69.29 69.87 67.70 67.80 6.35M
United Technologies UTX 69.02 69.16 67.17 67.68 5.95M
Amazon AMZN 182.83 184.20 177.10 177.54 5.31M
Visa V 81.23 81.50 79.25 79.79 4.84M
3M MMM 78.34 78.52 76.50 76.95 4.43M
Union Pacific UNP 87.33 88.00 85.70 85.98 4.29M
Exchange Rates of August 22, 2011
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 76.840 JPY 1 JPY = 0.013 USD
US Dollar Canadian Dollar 1 USD = 0.990 CAD 1 CAD = 1.010 USD
US Dollar Swiss Franc 1 USD = 0.790 CHF 1 CHF = 1.266 USD
US Dollar Chinese Yuan 1 USD = 6.401 CNY 1 CNY = 0.156 USD
Euro Japanese Yen 1 EUR = 110.300 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.872 GBP 1 GBP = 1.147 EUR
Euro Australian Dollar 1 EUR = 1.381 AUD 1 AUD = 0.724 EUR
Euro Canadian Dollar 1 EUR = 1.422 CAD 1 CAD = 0.703 EUR
Euro Swiss Franc 1 EUR = 1.134 CHF 1 CHF = 0.882 EUR
Euro Chinese Yuan 1 EUR = 9.190 CNY 1 CNY = 0.109 EUR
Japanese Yen Pound Sterling 1 JPY = 0.790 GBP 1 GBP = 1.265 JPY
Japanese Yen Australian Dollar 1 JPY = 1.251 AUD 1 AUD = 0.799 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.289 CAD 1 CAD = 0.776 JPY
Japanese Yen Swiss Franc 1 JPY = 1.029 CHF 1 CHF = 0.972 JPY
Pound Sterling Australian Dollar 1 GBP = 1.583 AUD 1 AUD = 0.632 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.630 CAD 1 CAD = 0.613 GBP
Pound Sterling Swiss Franc 1 GBP = 1.301 CHF 1 CHF = 0.769 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.537 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.030 CAD 1 CAD = 0.971 AUD
Australian Dollar Swiss Franc 1 AUD = 0.821 CHF 1 CHF = 1.218 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.657 CNY 1 CNY = 0.150 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.797 CHF 1 CHF = 1.254 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.463 CNY 1 CNY = 0.155 CAD
Swiss Franc Chinese Yuan 1 CHF = 8.096 CNY 1 CNY = 0.124 CHF

See what else happened on August 22, 2011