Financial news on July 26, 2010

Business and Financial news
Accel-KKR Sells iTradeNetwork for $525 Million

Accel-KKR said on Monday that it has agreed to sell iTradeNetwork, a software technology focused on the food industry, to Roper Industries for $525 million in cash. Read more..

By DEALBOOK - The New York Times

A.I.G. Failure Would Have Cost Goldman

Goldman had contended that credit insurance it bought from financial institutions would have protected it, but documents show otherwise. Read more..

By DEALBOOK - The New York Times

BlackBerry’s Era May Be Ending

Research In Motion, which makes the popular BlackBerry devices, has had a traditional stronghold in sales to American companies. But that has been cracked open. Read more..

By ROBERT CYRAN and PETER THAL LARSEN - The New York Times

Hackers With Enigmatic Motives Vex Companies

Hackers are gathering this week for a conference in Las Vegas, where they will discuss their roles when hunting for security holes. Read more..

By NICK BILTON - The New York Times

Martin Currie Said to Launch Retail Funds

Martin Currie is the latest investment firm to open its arms to retail investors, with a plan to launch three new hedge funds tailored for individuals. Read more..

By DEALBOOK - The New York Times

New Report Asks: ‘Private Equity, Public Loss?’

Despite private equity firms’ assertions that their interests are aligned with those of investors, a new report questions whether that’s the case. Read more..

By DEALBOOK - The New York Times

Pressured, Nike to Help Workers in Honduras

Student groups had pressed Nike to pay severance that the two subcontractors in Honduras had failed to pay. Read more..

By STEVEN GREENHOUSE - The New York Times

Promoting Literacy the Curious George Way

A public service campaign for the Library of Congress uses the children’s book character to encourage parents to read with their children. Read more..

By JANE L. LEVERE - The New York Times

Whistle-Blowers Awarded $1 Million in Pequot Case

A couple has been awarded $1 million for information that led to an insider trading settlement against Pequot Capital Management, a prominent hedge fund. 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 15.91 16.16 15.70 16.14 81M
Microsoft MSFT 25.86 26.20 25.80 26.10 67.2M
Pfizer PFE 14.63 15.09 14.61 15.02 55.5M
Intel INTC 21.68 21.74 21.41 21.71 50.9M
Cisco Systems CSCO 23.32 23.61 23.20 23.61 38.3M
JPMorgan Chase JPM 39.80 40.36 39.50 40.33 27.2M
Oracle Corp. ORCL 24.45 24.67 24.35 24.64 27.1M
AT&T Inc. T 25.73 26.09 25.67 25.96 26.2M
Wells Fargo & Co. WFC 27.45 27.92 27.23 27.91 22.7M
ExxonMobil XOM 59.70 60.44 59.63 60.39 20.2M
Altria MO 22.18 22.25 21.86 21.99 18.6M
Gilead Sciences GILD 33.21 33.70 32.10 33.39 17M
HP Inc. HPQ 46.10 46.58 46.02 46.57 16.2M
Home Depot HD 28.24 29.07 28.23 28.99 16.1M
Verizon Communications VZ 28.03 28.35 28.03 28.28 15.4M
Comcast CMCSA 19.32 19.49 19.17 19.47 15.3M
Apple AAPL 260.00 260.10 257.71 259.28 15M
Wal-Mart Stores WMT 51.67 51.67 50.91 51.13 14.1M
Abbott Laboratories ABT 48.82 49.37 48.82 49.24 12.3M
Johnson & Johnson JNJ 57.65 58.01 57.48 57.74 11.8M
Amazon AMZN 118.26 118.60 114.88 118.40 11.1M
Walt Disney & Co. DIS 34.09 34.72 34.09 34.40 10.1M
Merck MRK 35.00 35.30 34.81 35.27 9.63M
Schlumberger SLB 59.65 59.65 57.84 58.85 9.59M
Bristol-Myers Squibb BMY 24.57 25.03 24.57 24.97 8.82M
ConocoPhillips COP 53.99 54.71 53.77 54.43 8.44M
Procter & Gamble PG 61.66 62.58 61.66 62.52 7.81M
Coca-Cola KO 54.83 54.98 54.70 54.94 6.65M
Chevron CVX 73.82 74.62 73.41 74.62 6.47M
Berkshire Hathaway BRK.B 78.74 79.43 78.28 78.72 6.05M
Boeing BA 68.15 68.99 68.00 68.85 5.84M
McDonald's MCD 70.04 70.87 69.90 70.87 5.53M
UnitedHealth Group UNH 30.84 31.49 30.84 31.47 5.48M
International Business Machines IBM 128.18 128.43 127.14 128.41 5.17M
3M MMM 86.50 87.47 85.89 87.32 4.83M
United Technologies UTX 70.62 71.79 70.35 71.59 4.54M
Union Pacific UNP 74.56 76.49 73.91 75.46 4.32M
Amgen AMGN 52.58 53.89 52.58 53.67 4.09M
Pepsico PEP 64.36 65.03 64.19 64.98 4.03M
Alphabet GOOGL 489.09 490.75 484.88 488.97 3.99M
Visa V 75.69 76.50 75.35 76.08 3.95M
Exchange Rates of July 26, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 86.950 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 1.032 CAD 1 CAD = 0.969 USD
US Dollar Swiss Franc 1 USD = 1.049 CHF 1 CHF = 0.953 USD
US Dollar Chinese Yuan 1 USD = 6.780 CNY 1 CNY = 0.147 USD
Euro Japanese Yen 1 EUR = 112.920 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.839 GBP 1 GBP = 1.192 EUR
Euro Australian Dollar 1 EUR = 1.440 AUD 1 AUD = 0.695 EUR
Euro Canadian Dollar 1 EUR = 1.340 CAD 1 CAD = 0.746 EUR
Euro Swiss Franc 1 EUR = 1.362 CHF 1 CHF = 0.734 EUR
Euro Chinese Yuan 1 EUR = 8.806 CNY 1 CNY = 0.114 EUR
Japanese Yen Pound Sterling 1 JPY = 0.743 GBP 1 GBP = 1.347 JPY
Japanese Yen Australian Dollar 1 JPY = 1.275 AUD 1 AUD = 0.785 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.186 CAD 1 CAD = 0.843 JPY
Japanese Yen Swiss Franc 1 JPY = 1.206 CHF 1 CHF = 0.829 JPY
Pound Sterling Australian Dollar 1 GBP = 1.717 AUD 1 AUD = 0.583 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.598 CAD 1 CAD = 0.626 GBP
Pound Sterling Swiss Franc 1 GBP = 1.624 CHF 1 CHF = 0.616 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.487 CNY 1 CNY = 0.095 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.931 CAD 1 CAD = 1.075 AUD
Australian Dollar Swiss Franc 1 AUD = 0.945 CHF 1 CHF = 1.058 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.120 CNY 1 CNY = 0.163 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.016 CHF 1 CHF = 0.984 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.570 CNY 1 CNY = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.464 CNY 1 CNY = 0.155 CHF

See what else happened on July 26, 2010