Financial news on August 24th, 2009

Business and Financial news
Deal Said to Be Reached for Drug Unit

A deal to sell Procter & Gamble’s prescription drug business to Warner Chilcott for $3 billion may be announced as early as Monday. Read more..

By THE NEW YORK TIMES - The New York Times

Defying an Industry Trend, Warner Is Easily the Top Producer of TV Shows

At a time when networks favor internal producers, the company is heading into the fall season with an unusual 45 shows in production. Read more..

By BROOKS BARNES - The New York Times

European Opposition Mounts Against Google’s Selling Digitized Books

National copyright agencies, which charge fees to publishers, see the proposed deal as a threat to their income. Read more..

By KEVIN J. O'BRIEN and ERIC PFANNER - The New York Times

Firm Brings Farming to the Masses

The British company Omlet has seen sales of the Eglu, its chicken hutch, roughly double each year since it came to the market in 2004. Read more..

By JAMES KANTER - International Herald Tribune

Monocle: A Magazine, an Attitude

Tyler Brûlé, an advertising executive and magazine editor, works with what he calls patrons to build up his travel publication. Read more..

By DAVID CARR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE14.3614.5014.0514.2085.6M
Cisco SystemsCSCO22.2222.6421.9322.0652.7M
Wells Fargo & Co.WFC28.1728.5427.2027.3251.6M
JPMorgan ChaseJPM43.8644.2442.9543.0140.4M
Oracle Corp.ORCL22.1322.4922.0422.3222.2M
Abbott LaboratoriesABT45.7346.1345.2546.0819.2M
AT&T Inc.T26.1826.2826.0026.1418M
Home DepotHD27.7327.7326.9427.0316.2M
HP Inc.HPQ44.8345.1244.5344.7915.1M
UnitedHealth GroupUNH29.0929.7228.5529.6911.9M
Procter & GamblePG53.7753.9252.9753.3411.8M
Wal-Mart StoresWMT51.5251.7051.1551.5511.6M
Johnson & JohnsonJNJ61.1861.2860.6961.2810.5M
Walt Disney & Co.DIS26.9927.1226.7326.809.36M
Verizon CommunicationsVZ31.3631.5331.2631.419.18M
Bristol-Myers SquibbBMY22.6922.6922.4422.586.78M
International Business MachinesIBM119.92120.88119.10119.326.36M
Gilead SciencesGILD46.1546.1845.5646.005.97M
United TechnologiesUTX58.9359.7258.7759.305.76M
Union PacificUNP62.0562.3060.7961.222.81M
Berkshire HathawayBRK.B3342.503381.003316.003325.5024.5K
Exchange Rates of August 24th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 94.490 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.077 CAD1 CAD = 0.929 USD
US DollarSwiss Franc1 USD = 1.062 CHF1 CHF = 0.942 USD
US DollarChinese Yuan1 USD = 6.832 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 135.100 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.871 GBP1 GBP = 1.148 EUR
EuroAustralian Dollar1 EUR = 1.706 AUD1 AUD = 0.586 EUR
EuroCanadian Dollar1 EUR = 1.539 CAD1 CAD = 0.650 EUR
EuroSwiss Franc1 EUR = 1.518 CHF1 CHF = 0.659 EUR
EuroChinese Yuan1 EUR = 9.770 CNY1 CNY = 0.102 EUR
Japanese YenPound Sterling1 JPY = 0.644 GBP1 GBP = 1.552 JPY
Japanese YenAustralian Dollar1 JPY = 1.263 AUD1 AUD = 0.792 JPY
Japanese YenCanadian Dollar1 JPY = 1.139 CAD1 CAD = 0.878 JPY
Japanese YenSwiss Franc1 JPY = 1.123 CHF1 CHF = 0.890 JPY
Pound SterlingAustralian Dollar1 GBP = 1.959 AUD1 AUD = 0.510 GBP
Pound SterlingCanadian Dollar1 GBP = 1.768 CAD1 CAD = 0.566 GBP
Pound SterlingSwiss Franc1 GBP = 1.742 CHF1 CHF = 0.574 GBP
Pound SterlingChinese Yuan1 GBP = 11.202 CNY1 CNY = 0.089 GBP
Australian DollarCanadian Dollar1 AUD = 0.902 CAD1 CAD = 1.109 AUD
Australian DollarSwiss Franc1 AUD = 0.889 CHF1 CHF = 1.125 AUD
Australian DollarChinese Yuan1 AUD = 5.722 CNY1 CNY = 0.175 AUD
Canadian DollarSwiss Franc1 CAD = 0.985 CHF1 CHF = 1.015 CAD
Canadian DollarChinese Yuan1 CAD = 6.345 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.435 CNY1 CNY = 0.155 CHF

See what else happened on August 24th, 2009