Financial news on August 24, 2010
Business and Financial news
AARP The Magazine now sends slightly different versions to three separate age groups. Read more..
With most flights full, anxieties and tensions associated with stowing carry-on bags are soaring. Read more..
Time without digital input can allow people to learn better or come up with new ideas. Read more..
The Financial Accounting Standards Board said its chairman, Robert Herz, had decided to retire after more than eight years leading the group. Read more..
A 70 percent stake in Nedbank is currently valued at about $6.4 billion. Read more..
Some judges have departed from quietly rubber-stamping settlements with banks accused of wrongdoing and forced the government to seek harsher penalties. Read more..
Korea National Oil Corp. will not consider raising its $2.6 billion hostile takeover offer for the oil explorer Dana Petroleum, K.N.O.C.’s chief executive said Tuesday. Read more..
Nimbula on Monday announced it had raised $15 million in a second round of funding. The round was led by Accel Partners. Read more..
Norwegian Property has agreed to sell Nordic hotel property firm Norgani Hotels to Sweden-based real estate firm Pandox and its Norwegian owners for around $1.33 billion, the real estate group said. Read more..
In search of safety, investors have poured money into bond funds, but the funds are a different animal than an individual bond, and that becomes very important when interest rates change. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 14.74 | 14.75 | 14.41 | 14.57 | 89.7M |
| Intel | INTC | 18.56 | 18.68 | 18.39 | 18.41 | 75.1M |
| Cisco Systems | CSCO | 21.43 | 21.45 | 21.10 | 21.13 | 74.2M |
| Microsoft | MSFT | 24.09 | 24.35 | 24.00 | 24.04 | 66.5M |
| Wells Fargo & Co. | WFC | 23.96 | 24.05 | 23.54 | 23.64 | 55.7M |
| Pfizer | PFE | 15.94 | 15.97 | 15.77 | 15.82 | 50.3M |
| JPMorgan Chase | JPM | 36.59 | 36.70 | 35.92 | 36.21 | 48.7M |
| AT&T Inc. | T | 26.28 | 26.85 | 26.20 | 26.72 | 34.1M |
| HP Inc. | HPQ | 38.49 | 38.86 | 38.34 | 38.39 | 30.2M |
| ExxonMobil | XOM | 58.96 | 59.45 | 58.79 | 58.94 | 25.7M |
| Comcast | CMCSA | 17.29 | 17.37 | 16.99 | 17.01 | 23.7M |
| Oracle Corp. | ORCL | 22.61 | 22.79 | 22.38 | 22.41 | 23.3M |
| Apple | AAPL | 242.67 | 243.00 | 238.65 | 239.93 | 21.5M |
| Abbott Laboratories | ABT | 49.29 | 49.78 | 49.07 | 49.48 | 18.7M |
| Verizon Communications | VZ | 29.19 | 29.70 | 29.10 | 29.47 | 18.3M |
| Wal-Mart Stores | WMT | 50.67 | 51.72 | 50.60 | 51.30 | 16.7M |
| Home Depot | HD | 27.55 | 28.08 | 27.10 | 27.78 | 16.6M |
| Gilead Sciences | GILD | 32.51 | 32.67 | 32.09 | 32.09 | 15.9M |
| Altria | MO | 22.60 | 22.86 | 22.37 | 22.79 | 15.7M |
| Schlumberger | SLB | 54.86 | 56.36 | 54.67 | 54.77 | 15.2M |
| Johnson & Johnson | JNJ | 58.50 | 58.69 | 57.86 | 58.01 | 14.9M |
| ConocoPhillips | COP | 53.09 | 53.97 | 53.00 | 53.43 | 14.8M |
| Walt Disney & Co. | DIS | 32.49 | 32.70 | 31.97 | 32.14 | 14.2M |
| Procter & Gamble | PG | 59.70 | 60.02 | 59.58 | 59.66 | 13.7M |
| Coca-Cola | KO | 55.15 | 55.94 | 55.15 | 55.66 | 12.2M |
| Bristol-Myers Squibb | BMY | 26.26 | 26.37 | 25.95 | 26.02 | 11.6M |
| Chevron | CVX | 74.27 | 74.90 | 73.62 | 73.78 | 11.3M |
| Merck | MRK | 34.76 | 34.80 | 34.17 | 34.44 | 11.3M |
| Boeing | BA | 62.55 | 62.81 | 60.53 | 60.93 | 9.98M |
| UnitedHealth Group | UNH | 31.20 | 31.42 | 30.86 | 31.04 | 7.51M |
| Visa | V | 69.51 | 70.97 | 69.00 | 70.66 | 6.69M |
| Amgen | AMGN | 51.70 | 51.70 | 50.91 | 51.06 | 5.94M |
| McDonald's | MCD | 72.75 | 73.10 | 72.19 | 72.72 | 5.85M |
| International Business Machines | IBM | 125.21 | 126.02 | 124.57 | 124.90 | 5.62M |
| Alphabet | GOOGL | 457.70 | 458.37 | 450.92 | 451.39 | 5.52M |
| Pepsico | PEP | 64.50 | 65.24 | 64.21 | 64.78 | 5.44M |
| Amazon | AMZN | 125.41 | 125.44 | 123.18 | 124.53 | 5.37M |
| Berkshire Hathaway | BRK.B | 76.40 | 77.51 | 76.32 | 76.58 | 5.32M |
| United Technologies | UTX | 66.33 | 66.57 | 65.39 | 65.66 | 5.29M |
| 3M | MMM | 80.20 | 81.00 | 79.47 | 80.45 | 4.48M |
| Union Pacific | UNP | 72.00 | 72.40 | 70.34 | 71.94 | 4.09M |
Exchange Rates of August 24, 2010
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 84.120 JPY | 1 JPY = 0.012 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.061 CAD | 1 CAD = 0.943 USD |
| US Dollar | Swiss Franc | 1 USD = 1.032 CHF | 1 CHF = 0.969 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.798 CNY | 1 CNY = 0.147 USD |
| Euro | Japanese Yen | 1 EUR = 106.260 JPY | 1 JPY = 0.009 EUR |
| Euro | Pound Sterling | 1 EUR = 0.820 GBP | 1 GBP = 1.220 EUR |
| Euro | Australian Dollar | 1 EUR = 1.432 AUD | 1 AUD = 0.699 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.340 CAD | 1 CAD = 0.746 EUR |
| Euro | Swiss Franc | 1 EUR = 1.303 CHF | 1 CHF = 0.767 EUR |
| Euro | Chinese Yuan | 1 EUR = 8.579 CNY | 1 CNY = 0.117 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.771 GBP | 1 GBP = 1.297 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.346 AUD | 1 AUD = 0.743 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.260 CAD | 1 CAD = 0.793 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.226 CHF | 1 CHF = 0.816 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 1.746 AUD | 1 AUD = 0.573 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.634 CAD | 1 CAD = 0.612 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.589 CHF | 1 CHF = 0.629 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 10.457 CNY | 1 CNY = 0.096 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.936 CAD | 1 CAD = 1.068 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.910 CHF | 1 CHF = 1.099 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 5.998 CNY | 1 CNY = 0.167 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.972 CHF | 1 CHF = 1.029 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 6.406 CNY | 1 CNY = 0.156 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 6.586 CNY | 1 CNY = 0.152 CHF |
See what else happened on August 24, 2010