Financial news on August 23rd, 2010
Business and Financial news
Sustainable energy now supplies just 6 percent of power in Australia, but the country has set a target of 20 percent by 2020. Read more..
The president of the Federal Reserve Bank of Kansas City warned that recently enacted financial regulations might not end market perceptions that taxpayers would rescue the largest banks. Read more..
Deutsche Bank started dark-pool trading in Hong Kong on Monday, the German lender’s first such platform in Asia. Read more..
Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year. Now many are choosing investments they deem safer, like bonds. Read more..
Despite the proliferation of Internet video, few Americans are actually canceling pay TV and watching shows online. Read more..
MF Global is poised to enter money management and investment banking, the brokerage firm’s new boss was quoted as saying by The Financial Times on Monday. Read more..
A new campaign tries to break through the ad clutter, the struggling economy and an overly benign image to reach men ages 25 to 35. Read more..
SABMiller and Asahi Breweries, the beverage companies, are looking at Foster’s Group’s beer operations, valued at more than $10 billion, but have not yet made any formal offers, sources said. Read more..
Eight Republican lawmakers have asked the Obama administration to study Huawei and its bid to supply equipment to Sprint Nextel. Read more..
For its first renminbi-denominated private equity fund, TPG Capital will raise $736.3 million in the next several months, The Wall Street Journal reported. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 18.92 | 18.98 | 18.60 | 18.70 | 72M |
Pfizer | PFE | 16.20 | 16.24 | 15.98 | 16.10 | 59M |
General Electric | GE | 15.22 | 15.27 | 14.85 | 14.89 | 55.6M |
Microsoft | MSFT | 24.44 | 24.64 | 24.24 | 24.28 | 51.6M |
Cisco Systems | CSCO | 22.47 | 22.48 | 21.65 | 21.68 | 49.3M |
HP Inc. | HPQ | 39.94 | 40.00 | 38.61 | 39.04 | 37.4M |
AT&T Inc. | T | 26.59 | 26.79 | 26.48 | 26.49 | 33.9M |
Wells Fargo & Co. | WFC | 24.86 | 24.88 | 24.19 | 24.23 | 33.8M |
JPMorgan Chase | JPM | 37.21 | 37.41 | 36.84 | 36.88 | 29.3M |
ExxonMobil | XOM | 58.97 | 60.05 | 58.90 | 59.50 | 21.3M |
Comcast | CMCSA | 17.98 | 18.01 | 17.43 | 17.45 | 20.1M |
Verizon Communications | VZ | 29.53 | 29.66 | 29.38 | 29.41 | 20M |
Oracle Corp. | ORCL | 23.06 | 23.30 | 22.83 | 22.84 | 18.3M |
Abbott Laboratories | ABT | 49.55 | 50.18 | 49.55 | 49.78 | 15M |
ConocoPhillips | COP | 54.10 | 54.57 | 53.59 | 53.71 | 14.9M |
Apple | AAPL | 251.79 | 252.00 | 245.25 | 245.80 | 14.8M |
Wal-Mart Stores | WMT | 50.57 | 51.50 | 50.39 | 51.14 | 14.7M |
Altria | MO | 22.83 | 22.94 | 22.69 | 22.73 | 12.3M |
Bristol-Myers Squibb | BMY | 26.48 | 26.76 | 26.38 | 26.48 | 12.1M |
Home Depot | HD | 28.56 | 28.64 | 27.80 | 27.83 | 11.4M |
Schlumberger | SLB | 55.63 | 56.73 | 55.50 | 55.82 | 10.5M |
Chevron | CVX | 75.34 | 75.99 | 75.05 | 75.05 | 9.99M |
Merck | MRK | 34.70 | 35.22 | 34.56 | 34.97 | 9.98M |
Gilead Sciences | GILD | 32.95 | 33.12 | 32.79 | 32.85 | 9.65M |
Johnson & Johnson | JNJ | 58.98 | 59.35 | 58.81 | 58.87 | 8.84M |
Procter & Gamble | PG | 60.01 | 60.39 | 59.86 | 60.03 | 8.47M |
Walt Disney & Co. | DIS | 33.23 | 33.55 | 32.80 | 32.93 | 8.05M |
Coca-Cola | KO | 55.51 | 55.87 | 55.41 | 55.60 | 7.62M |
Alphabet | GOOGL | 461.50 | 468.25 | 457.73 | 464.07 | 5.97M |
McDonald's | MCD | 73.53 | 73.94 | 73.33 | 73.34 | 5.4M |
UnitedHealth Group | UNH | 31.63 | 32.17 | 31.47 | 31.50 | 5.08M |
Visa | V | 70.55 | 71.30 | 69.60 | 70.12 | 4.6M |
International Business Machines | IBM | 127.57 | 128.03 | 126.44 | 126.47 | 4.03M |
United Technologies | UTX | 68.54 | 68.97 | 67.21 | 67.22 | 3.96M |
Boeing | BA | 65.09 | 65.24 | 63.21 | 63.30 | 3.89M |
Amazon | AMZN | 127.86 | 129.22 | 126.50 | 126.60 | 3.86M |
Amgen | AMGN | 52.47 | 52.97 | 51.93 | 51.95 | 3.47M |
Pepsico | PEP | 65.14 | 65.40 | 64.78 | 64.82 | 3.26M |
3M | MMM | 81.01 | 82.30 | 80.90 | 81.08 | 3.24M |
Berkshire Hathaway | BRK.B | 77.88 | 78.05 | 77.21 | 77.23 | 3M |
Union Pacific | UNP | 74.54 | 74.89 | 72.69 | 72.86 | 2.81M |
Exchange Rates of August 23rd, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 85.100 JPY | 1 JPY = 0.012 USD |
US Dollar | Canadian Dollar | 1 USD = 1.051 CAD | 1 CAD = 0.951 USD |
US Dollar | Swiss Franc | 1 USD = 1.041 CHF | 1 CHF = 0.961 USD |
US Dollar | Chinese Yuan | 1 USD = 6.801 CNY | 1 CNY = 0.147 USD |
Euro | Japanese Yen | 1 EUR = 107.620 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.816 GBP | 1 GBP = 1.226 EUR |
Euro | Australian Dollar | 1 EUR = 1.420 AUD | 1 AUD = 0.704 EUR |
Euro | Canadian Dollar | 1 EUR = 1.330 CAD | 1 CAD = 0.752 EUR |
Euro | Swiss Franc | 1 EUR = 1.317 CHF | 1 CHF = 0.759 EUR |
Euro | Chinese Yuan | 1 EUR = 8.601 CNY | 1 CNY = 0.116 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.758 GBP | 1 GBP = 1.320 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.319 AUD | 1 AUD = 0.758 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.235 CAD | 1 CAD = 0.810 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.223 CHF | 1 CHF = 0.818 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.740 AUD | 1 AUD = 0.575 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.630 CAD | 1 CAD = 0.614 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.614 CHF | 1 CHF = 0.620 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.530 CNY | 1 CNY = 0.095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.936 CAD | 1 CAD = 1.068 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.927 CHF | 1 CHF = 1.078 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.058 CNY | 1 CNY = 0.165 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.990 CHF | 1 CHF = 1.010 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.465 CNY | 1 CNY = 0.155 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.528 CNY | 1 CNY = 0.153 CHF |
See what else happened on August 23rd, 2010