Financial news on August 26, 2010

Business and Financial news
Eisner’s Next Role: Tribune C.E.O.?

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..

By DEALBOOK - The New York Times

Foreign Language Courses, Brushing Up or Immersion

For continuing education students, a variety of options for foreign language classes are available, including online learning. Read more..

By PHYLLIS KORKKI - The New York Times

Germany Plans Limits on Facebook Use in Hiring

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..

By DEALBOOK - The New York Times

Hurd’s $30 Million Farewell From H.P.

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..

By DEALBOOK - The New York Times

Making Career Development Pay

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..

By TARA SIEGEL BERNARD - The New York Times

New-Home Sales Declined Sharply Last Month

An unexpected 12.4 percent decline reported in July was another grim sign. Read more..

By CHRISTINE HAUSER - The New York Times

Philip Falcone’s Sky-High Bet

Roughly 40 percent of hedge fund Harbinger Capital Partners’ assets are tied up in a telecommunications venture, Reuters reports. Read more..

By DEALBOOK - The New York Times

Santander Suspends Analyst Charged by S.E.C.

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..

By CHRIS V. NICHOLSON - The New York Times

Stanford’s Bank Said to Loan Billions Undisclosed

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..

By DEALBOOK - The New York Times

Top 2 Sanofi Shareholders Seen Wary on Genzyme Bid

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..

By DEALBOOK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 14,66 14,81 14,44 14,50 58.3M
Cisco Systems CSCO 21,18 21,31 20,69 20,70 53.5M
Microsoft MSFT 24,09 24,19 23,79 23,82 49.1M
Pfizer PFE 16,08 16,09 15,81 15,90 42.4M
Wells Fargo & Co. WFC 23,73 24,10 23,40 23,49 41.2M
JPMorgan Chase JPM 36,36 36,62 35,62 35,63 31.9M
AT&T Inc. T 26,97 27,00 26,64 26,70 25.9M
ExxonMobil XOM 59,36 59,50 58,33 58,48 22.3M
Comcast CMCSA 17,38 17,54 16,99 17,03 20M
Oracle Corp. ORCL 22,54 22,73 22,19 22,25 18.9M
HP Inc. HPQ 38,54 38,65 38,09 38,22 18.3M
Intel INTC 18,61 18,61 18,12 18,18 17.9M
Apple AAPL 245,45 245,75 240,28 240,28 16.7M
Gilead Sciences GILD 32,92 32,93 31,90 32,07 16.5M
Verizon Communications VZ 29,70 29,76 29,40 29,50 13.5M
Schlumberger SLB 55,19 55,42 53,42 53,46 13.4M
Johnson & Johnson JNJ 58,20 58,22 57,78 57,80 12.8M
Home Depot HD 28,39 28,56 28,27 28,38 12.7M
Altria MO 22,88 22,89 22,45 22,61 12.6M
ConocoPhillips COP 53,75 53,84 52,10 52,41 12.4M
Wal-Mart Stores WMT 51,62 51,62 50,75 50,97 11.9M
Abbott Laboratories ABT 50,05 50,05 49,37 49,50 11.4M
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
UnitedHealth Group UNH 32,04 32,39 31,85 31,85 9.94M
Merck MRK 34,56 34,70 34,28 34,48 8.5M
Chevron CVX 74,37 74,38 73,10 73,33 8.18M
Bristol-Myers Squibb BMY 26,11 26,18 25,75 25,85 7.93M
International Business Machines IBM 125,78 125,78 122,78 122,78 7.75M
Coca-Cola KO 55,43 55,52 54,97 55,16 7.41M
United Technologies UTX 65,51 65,83 64,95 65,05 5.59M
Amgen AMGN 51,96 52,07 50,73 50,93 5.27M
McDonald's MCD 73,69 73,76 73,11 73,16 5.22M
Boeing BA 61,36 62,56 61,07 61,32 4.88M
Amazon AMZN 127,15 127,59 124,82 124,86 4.69M
Pepsico PEP 64,82 64,82 63,85 64,13 4.6M
Berkshire Hathaway BRK.B 77,11 77,21 76,00 76,37 4.49M
3M MMM 81,26 81,33 79,50 79,78 3.58M
Alphabet GOOGL 456,06 457,26 450,44 450,98 3.55M
Visa V 71,21 71,40 69,88 69,91 3.52M
Union Pacific UNP 72,66 73,70 72,14 72,41 2.94M
Exchange Rates of August 26, 2010
CurrenciesExchange Rates
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

See what else happened on August 26, 2010