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..
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..
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..
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..
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..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 14.36 | 14.50 | 14.05 | 14.20 | 85.6M |
| Microsoft | MSFT | 24.41 | 24.73 | 24.28 | 24.64 | 54.2M |
| Cisco Systems | CSCO | 22.22 | 22.64 | 21.93 | 22.06 | 52.7M |
| Wells Fargo & Co. | WFC | 28.17 | 28.54 | 27.20 | 27.32 | 51.6M |
| JPMorgan Chase | JPM | 43.86 | 44.24 | 42.95 | 43.01 | 40.4M |
| Intel | INTC | 18.97 | 19.00 | 18.66 | 18.76 | 38.7M |
| Pfizer | PFE | 16.73 | 16.79 | 16.61 | 16.73 | 31.2M |
| ExxonMobil | XOM | 70.04 | 71.65 | 69.93 | 71.30 | 25.6M |
| ConocoPhillips | COP | 44.54 | 45.41 | 44.44 | 45.31 | 22.4M |
| Oracle Corp. | ORCL | 22.13 | 22.49 | 22.04 | 22.32 | 22.2M |
| Abbott Laboratories | ABT | 45.73 | 46.13 | 45.25 | 46.08 | 19.2M |
| Comcast | CMCSA | 15.05 | 15.27 | 15.01 | 15.10 | 18.7M |
| AT&T Inc. | T | 26.18 | 26.28 | 26.00 | 26.14 | 18M |
| Altria | MO | 18.14 | 18.45 | 18.05 | 18.33 | 16.7M |
| Home Depot | HD | 27.73 | 27.73 | 26.94 | 27.03 | 16.2M |
| HP Inc. | HPQ | 44.83 | 45.12 | 44.53 | 44.79 | 15.1M |
| Apple | AAPL | 170.12 | 170.71 | 168.27 | 169.06 | 14.5M |
| Merck | MRK | 32.99 | 33.00 | 32.31 | 32.50 | 13.6M |
| UnitedHealth Group | UNH | 29.09 | 29.72 | 28.55 | 29.69 | 11.9M |
| Procter & Gamble | PG | 53.77 | 53.92 | 52.97 | 53.34 | 11.8M |
| Wal-Mart Stores | WMT | 51.52 | 51.70 | 51.15 | 51.55 | 11.6M |
| Coca-Cola | KO | 49.80 | 49.80 | 48.81 | 49.06 | 10.9M |
| Johnson & Johnson | JNJ | 61.18 | 61.28 | 60.69 | 61.28 | 10.5M |
| Chevron | CVX | 70.10 | 70.94 | 69.91 | 70.76 | 9.75M |
| Walt Disney & Co. | DIS | 26.99 | 27.12 | 26.73 | 26.80 | 9.36M |
| Schlumberger | SLB | 57.58 | 58.30 | 56.88 | 57.34 | 9.33M |
| Verizon Communications | VZ | 31.36 | 31.53 | 31.26 | 31.41 | 9.18M |
| Bristol-Myers Squibb | BMY | 22.69 | 22.69 | 22.44 | 22.58 | 6.78M |
| McDonald's | MCD | 56.38 | 56.38 | 55.70 | 55.91 | 6.64M |
| International Business Machines | IBM | 119.92 | 120.88 | 119.10 | 119.32 | 6.36M |
| Boeing | BA | 46.51 | 47.79 | 45.97 | 47.13 | 6.16M |
| Gilead Sciences | GILD | 46.15 | 46.18 | 45.56 | 46.00 | 5.97M |
| United Technologies | UTX | 58.93 | 59.72 | 58.77 | 59.30 | 5.76M |
| Pepsico | PEP | 57.69 | 57.78 | 57.06 | 57.45 | 5.69M |
| Amgen | AMGN | 60.75 | 60.84 | 60.03 | 60.38 | 5.3M |
| Visa | V | 69.25 | 69.50 | 67.76 | 67.95 | 4.99M |
| Alphabet | GOOGL | 467.35 | 470.09 | 464.43 | 468.73 | 4.9M |
| Amazon | AMZN | 85.17 | 85.59 | 84.24 | 84.50 | 4.72M |
| Union Pacific | UNP | 62.05 | 62.30 | 60.79 | 61.22 | 2.81M |
| 3M | MMM | 72.74 | 73.00 | 72.01 | 72.56 | 2.5M |
| Berkshire Hathaway | BRK.B | 3342.50 | 3381.00 | 3316.00 | 3325.50 | 24.5K |
Exchange Rates of August 24th, 2009
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 94.490 JPY | 1 JPY = 0.011 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.077 CAD | 1 CAD = 0.929 USD |
| US Dollar | Swiss Franc | 1 USD = 1.062 CHF | 1 CHF = 0.942 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.832 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 135.100 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.871 GBP | 1 GBP = 1.148 EUR |
| Euro | Australian Dollar | 1 EUR = 1.706 AUD | 1 AUD = 0.586 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.539 CAD | 1 CAD = 0.650 EUR |
| Euro | Swiss Franc | 1 EUR = 1.518 CHF | 1 CHF = 0.659 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.770 CNY | 1 CNY = 0.102 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.644 GBP | 1 GBP = 1.552 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.263 AUD | 1 AUD = 0.792 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.139 CAD | 1 CAD = 0.878 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.123 CHF | 1 CHF = 0.890 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 1.959 AUD | 1 AUD = 0.510 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.768 CAD | 1 CAD = 0.566 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.742 CHF | 1 CHF = 0.574 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 11.202 CNY | 1 CNY = 0.089 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.902 CAD | 1 CAD = 1.109 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.889 CHF | 1 CHF = 1.125 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 5.722 CNY | 1 CNY = 0.175 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.985 CHF | 1 CHF = 1.015 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 6.345 CNY | 1 CNY = 0.158 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.435 CNY | 1 CNY = 0.155 CHF |
See what else happened on August 24th, 2009