Financial news on August 26th, 2010
Business and Financial news
Could the former top cat at the Mouse House become the big cheese at Tribune Co.? The Los Angeles Times reported that former Walt Disney chief executive Michael Eisner is in talks that could make him chairman of the now-bankrupt media company. Read more..
For continuing education students, a variety of options for foreign language classes are available, including online learning. Read more..
As part of the draft of a law governing workplace privacy, the German government on Wednesday proposed placing restrictions on employers who want to use Facebook profiles when recruiting. Read more..
Mark V. Hurd, Hewlett-Packard’s former chief executive, has filed to sell about $30 million in company stock nearly three weeks after he was ousted. Read more..
Treating your career development education as if it were part of a stock portfolio can help you increase the return on your investment. Read more..
An unexpected 12.4 percent decline reported in July was another grim sign. Read more..
Roughly 40 percent of hedge fund Harbinger Capital Partners’ assets are tied up in a telecommunications venture, Reuters reports. Read more..
Grupo Santander said Wednesday that it had suspended the bank employee charged by the Securities and Exchange Commission with trading on insider information about BHP Billiton’s $39 billion bid for Potash Corp. Read more..
In a hearing over a Lloyd’s of London’s insurance policy held by jailed financier R. Allen Stanford, a witness tesitfied that Mr. Stanford’s Antigua bank made more than $3 billion in loans to Mr. Stanford and his companies without properly disclosing the loans. Read more..
Sanofi-Aventis’s top shareholders, L’Oreal and Total, have reservations about the drug maker’s plans to buy Genzyme and are concerned that it does not overpay, bankers said. Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||23.73||24.10||23.40||23.49||41.2M|
|Johnson & Johnson||JNJ||58.20||58.22||57.78||57.80||12.8M|
|Procter & Gamble||PG||59.91||59.91||59.40||59.54||10.3M|
|Walt Disney & Co.||DIS||32.18||32.44||31.88||31.94||10.1M|
|International Business Machines||IBM||125.78||125.78||122.78||122.78||7.75M|
Exchange Rates of August 26th, 2010
|US Dollar||Japanese Yen||1 USD = 84.460 JPY||1 JPY = 0.012 USD|
|US Dollar||Canadian Dollar||1 USD = 1.057 CAD||1 CAD = 0.946 USD|
|US Dollar||Swiss Franc||1 USD = 1.024 CHF||1 CHF = 0.977 USD|
|US Dollar||Chinese Yuan||1 USD = 6.801 CNY||1 CNY = 0.147 USD|
|Euro||Japanese Yen||1 EUR = 107.390 JPY||1 JPY = 0.009 EUR|
|Euro||Pound Sterling||1 EUR = 0.819 GBP||1 GBP = 1.221 EUR|
|Euro||Australian Dollar||1 EUR = 1.435 AUD||1 AUD = 0.697 EUR|
|Euro||Canadian Dollar||1 EUR = 1.344 CAD||1 CAD = 0.744 EUR|
|Euro||Swiss Franc||1 EUR = 1.302 CHF||1 CHF = 0.768 EUR|
|Euro||Chinese Yuan||1 EUR = 8.647 CNY||1 CNY = 0.116 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.762 GBP||1 GBP = 1.312 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.335 AUD||1 AUD = 0.749 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.251 CAD||1 CAD = 0.799 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.212 CHF||1 CHF = 0.825 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1.752 AUD||1 AUD = 0.571 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.641 CAD||1 CAD = 0.609 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.590 CHF||1 CHF = 0.629 GBP|
|Pound Sterling||Chinese Yuan||1 GBP = 10.547 CNY||1 CNY = 0.095 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.937 CAD||1 CAD = 1.067 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.907 CHF||1 CHF = 1.102 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 6.023 CNY||1 CNY = 0.166 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.968 CHF||1 CHF = 1.033 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 6.432 CNY||1 CNY = 0.155 CAD|
|Swiss Franc||Chinese Yuan||1 CHF = 6.640 CNY||1 CNY = 0.151 CHF|