Financial news on August 25th, 2008

Business and Financial news
A Campaign Not Filtered by the Press

The Obama team’s direct approach: YouTube and text messages. Read more..

By DAVID CARR - The New York Times

Addenda: Accounts, People Miscellany

Accounts. Read more..

By STUART ELLIOTT - The New York Times

Can Hollywood Help LinkedIn?

As LinkedIn struggles to remain relevant in an ever more socially networked world, the Internet company has found a constituency that might need its help. Read more..

By BROOKS BARNES - The New York Times

Caucasus War Draws Interest

How did the Russia-Georgia conflict draw big coverage in a busy news week? The media placed it in a cold war context in terms Americans could grasp. Read more..

By PRADNYA JOSHI - The New York Times

Major Economic Reports for the Week

Reports this week will provide updates on the state of the housing market and the broader economy. Read more..

By THE NEW YORK TIMES - The New York Times

Networks Hope to Find Unique TV Moment at Democratic Convention

CNN’s decision to spend close to $100,000 on an aerial camera shot at the Democratic National Convention shows the steps networks are willing to take to compete for viewers. Read more..

By BRIAN STELTER - The New York Times

Preferring the Web Over Watching TV

For children ages 10 to 14 who use the Internet, the computer is a bigger draw than the TV set, according to a recently released study. Read more..

By ALEX MINDLIN - The New York Times

Shift at the Top Emphasizes SAP’s Bottom Line

Executive changes at the software maker SAP have fed an irresistible narrative in financial markets: the software egghead is yielding to the uncompromising money maker. Read more..

By CARTER DOUGHERTY - The New York Times

Superheroes to Be Recast for Japan

Marvel is teaming up with Madhouse, a Japanese animation studio, to create versions of its characters for four series that will premiere in spring 2010 in Japan. Read more..

By GEORGE GUSTINES - The New York Times

Treasury Auctions Set for This Week

The Treasury’s schedule of financing this week included Monday’s auction of new three- and six-month bills, and auctions of four-week and one-year bills on Tuesday. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE29.0429.0428.1828.3243.1M
Wells Fargo & Co.WFC28.9229.2328.5428.6730.5M
Cisco SystemsCSCO24.5024.7324.1124.2128.3M
JPMorgan ChaseJPM37.4037.4536.0836.1327.1M
Oracle Corp.ORCL22.5422.7122.1922.2120.1M
AT&T Inc.T31.0331.0730.4130.5215.9M
Home DepotHD26.9827.0426.5126.5613.1M
HP Inc.HPQ46.6547.2446.5146.8112.1M
Wal-Mart StoresWMT59.2759.2958.3058.5512M
Verizon CommunicationsVZ35.4235.4234.3034.469.49M
Procter & GamblePG71.3371.4369.9270.139.49M
Abbott LaboratoriesABT58.3758.4357.3157.769.14M
Johnson & JohnsonJNJ71.2571.3570.5570.808.2M
Walt Disney & Co.DIS31.9732.0931.4031.608.07M
Bristol-Myers SquibbBMY22.0122.4921.9421.987.41M
UnitedHealth GroupUNH30.5330.6529.1629.316.57M
Gilead SciencesGILD54.2154.2152.7753.215.97M
International Business MachinesIBM124.48124.93122.70122.865.83M
United TechnologiesUTX65.7065.7964.4864.964.59M
Union PacificUNP79.9680.5178.3979.523.08M
Berkshire HathawayBRK.B3855.003878.003826.003866.5021K
Exchange Rates of August 25th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 109.320 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.050 CAD1 CAD = 0.952 USD
US DollarSwiss Franc1 USD = 1.096 CHF1 CHF = 0.913 USD
US DollarChinese Yuan1 USD = 6.849 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 161.280 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.796 GBP1 GBP = 1.256 EUR
EuroAustralian Dollar1 EUR = 1.708 AUD1 AUD = 0.586 EUR
EuroCanadian Dollar1 EUR = 1.549 CAD1 CAD = 0.645 EUR
EuroSwiss Franc1 EUR = 1.616 CHF1 CHF = 0.619 EUR
Japanese YenPound Sterling1 JPY = 0.493 GBP1 GBP = 2.027 JPY
Japanese YenAustralian Dollar1 JPY = 1.059 AUD1 AUD = 0.945 JPY
Japanese YenCanadian Dollar1 JPY = 0.960 CAD1 CAD = 1.041 JPY
Japanese YenSwiss Franc1 JPY = 1.002 CHF1 CHF = 0.998 JPY
Pound SterlingAustralian Dollar1 GBP = 2.145 AUD1 AUD = 0.466 GBP
Pound SterlingCanadian Dollar1 GBP = 1.946 CAD1 CAD = 0.514 GBP
Pound SterlingSwiss Franc1 GBP = 2.029 CHF1 CHF = 0.493 GBP
Australian DollarCanadian Dollar1 AUD = 0.907 CAD1 CAD = 1.103 AUD
Australian DollarSwiss Franc1 AUD = 0.946 CHF1 CHF = 1.057 AUD
Canadian DollarSwiss Franc1 CAD = 1.043 CHF1 CHF = 0.959 CAD

See what else happened on August 25th, 2008