Financial news on August 25, 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

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 27.61 27.84 27.46 27.66 51.4M
General Electric GE 29.04 29.04 28.18 28.32 43.1M
Intel INTC 23.27 23.36 22.93 22.97 42.3M
Pfizer PFE 19.60 19.87 19.37 19.51 41.4M
Wells Fargo & Co. WFC 28.92 29.23 28.54 28.67 30.5M
Cisco Systems CSCO 24.50 24.73 24.11 24.21 28.3M
JPMorgan Chase JPM 37.40 37.45 36.08 36.13 27.1M
ExxonMobil XOM 80.27 80.56 78.64 78.71 20.6M
Oracle Corp. ORCL 22.54 22.71 22.19 22.21 20.1M
Comcast CMCSA 21.61 21.61 20.77 20.80 18.3M
Apple AAPL 176.15 176.23 171.66 172.55 17.3M
AT&T Inc. T 31.03 31.07 30.41 30.52 15.9M
Home Depot HD 26.98 27.04 26.51 26.56 13.1M
HP Inc. HPQ 46.65 47.24 46.51 46.81 12.1M
Wal-Mart Stores WMT 59.27 59.29 58.30 58.55 12M
Chevron CVX 88.58 88.58 85.04 85.51 11.3M
Merck MRK 35.17 35.32 34.56 35.00 11.2M
ConocoPhillips COP 83.22 83.68 81.35 81.82 10.7M
Verizon Communications VZ 35.42 35.42 34.30 34.46 9.49M
Procter & Gamble PG 71.33 71.43 69.92 70.13 9.49M
Abbott Laboratories ABT 58.37 58.43 57.31 57.76 9.14M
Amgen AMGN 63.43 64.22 63.14 63.96 8.37M
Altria MO 20.80 21.10 20.71 20.80 8.31M
Johnson & Johnson JNJ 71.25 71.35 70.55 70.80 8.2M
Walt Disney & Co. DIS 31.97 32.09 31.40 31.60 8.07M
Bristol-Myers Squibb BMY 22.01 22.49 21.94 21.98 7.41M
UnitedHealth Group UNH 30.53 30.65 29.16 29.31 6.57M
Coca-Cola KO 54.14 54.59 53.37 53.57 6.16M
McDonald's MCD 63.21 63.21 61.90 62.08 6M
Gilead Sciences GILD 54.21 54.21 52.77 53.21 5.97M
International Business Machines IBM 124.48 124.93 122.70 122.86 5.83M
Schlumberger SLB 96.99 98.29 95.72 96.18 4.99M
United Technologies UTX 65.70 65.79 64.48 64.96 4.59M
Boeing BA 64.91 65.49 63.58 64.07 4.58M
Visa V 73.52 74.89 73.13 73.32 4.51M
Amazon AMZN 84.63 84.64 82.45 82.85 4.36M
Alphabet GOOGL 486.11 497.00 481.50 483.01 4.02M
Pepsico PEP 69.60 69.90 68.75 69.05 4M
3M MMM 71.47 71.94 70.28 70.73 3.73M
Union Pacific UNP 79.96 80.51 78.39 79.52 3.08M
Berkshire Hathaway BRK.B 3855.00 3878.00 3826.00 3866.50 21K
Exchange Rates of August 25, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 109.320 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.050 CAD 1 CAD = 0.952 USD
US Dollar Swiss Franc 1 USD = 1.096 CHF 1 CHF = 0.913 USD
US Dollar Chinese Yuan 1 USD = 6.849 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 161.280 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.796 GBP 1 GBP = 1.256 EUR
Euro Australian Dollar 1 EUR = 1.708 AUD 1 AUD = 0.586 EUR
Euro Canadian Dollar 1 EUR = 1.549 CAD 1 CAD = 0.645 EUR
Euro Swiss Franc 1 EUR = 1.616 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.493 GBP 1 GBP = 2.027 JPY
Japanese Yen Australian Dollar 1 JPY = 1.059 AUD 1 AUD = 0.945 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.960 CAD 1 CAD = 1.041 JPY
Japanese Yen Swiss Franc 1 JPY = 1.002 CHF 1 CHF = 0.998 JPY
Pound Sterling Australian Dollar 1 GBP = 2.145 AUD 1 AUD = 0.466 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.946 CAD 1 CAD = 0.514 GBP
Pound Sterling Swiss Franc 1 GBP = 2.029 CHF 1 CHF = 0.493 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.907 CAD 1 CAD = 1.103 AUD
Australian Dollar Swiss Franc 1 AUD = 0.946 CHF 1 CHF = 1.057 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.043 CHF 1 CHF = 0.959 CAD

See what else happened on August 25, 2008