Financial news on August 27, 2010
Business and Financial news
Eliyahu Weinstein, a New Jersey man charged with leading a $200 million Ponzi scheme that targeted fellow Orthodox Jews, was granted $10 million bail Thursday by an American judge. Read more..
A campaign from the small, family-owned company 8th Continent is aimed at mothers and plays up the company’s roots. Read more..
Bain Capital, the private equity firm, has reached a deal to buy Air Medical Group Holdings, the largest independent U.S. provider of emergency air medical services, for around $1 billion, a source familiar with the matter told Reuters on Thursday. Read more..
Blockbuster, the movie rental chain, is said to be readying a bankruptcy filing for mid-September, The Los Angeles Times reported. Read more..
The record penalty is over maintenance lapses that caused thousands of canceled flights in 2008. Read more..
Foreclosures could head higher in coming months, as the percentage of borrowers at least one payment behind resumed its rise, new data suggest. Read more..
Carl C. Icahn this week bought deeper into Motorola, lifting his holdings to about 10.6 percent, according to an S.E.C. filing. Read more..
The Swiss government said it was prepared to provide the remainder of documents sought involving American clients suspected of using the bank’s accounts to evade taxes. Read more..
State Street is in talks to acquire Bank of Ireland’s asset-management business. Read more..
Dig those stacked phrases. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 18.23 | 18.52 | 17.81 | 18.37 | 135M |
Cisco Systems | CSCO | 20.84 | 20.94 | 20.36 | 20.81 | 62.1M |
Microsoft | MSFT | 23.88 | 24.02 | 23.51 | 23.93 | 60.9M |
General Electric | GE | 14.61 | 14.76 | 14.37 | 14.71 | 46.5M |
Wells Fargo & Co. | WFC | 23.64 | 24.00 | 23.47 | 24.00 | 45.1M |
JPMorgan Chase | JPM | 35.87 | 36.69 | 35.55 | 36.60 | 38.4M |
HP Inc. | HPQ | 38.30 | 38.55 | 37.32 | 38.00 | 37.2M |
ExxonMobil | XOM | 58.72 | 59.96 | 58.05 | 59.80 | 28.3M |
Oracle Corp. | ORCL | 22.38 | 22.55 | 21.95 | 22.51 | 21.4M |
AT&T Inc. | T | 26.73 | 27.00 | 26.61 | 26.94 | 21.2M |
Apple | AAPL | 241.75 | 242.61 | 235.56 | 241.62 | 19.6M |
Comcast | CMCSA | 17.18 | 17.31 | 16.88 | 17.25 | 17.5M |
Altria | MO | 22.68 | 22.70 | 22.38 | 22.54 | 15.8M |
Gilead Sciences | GILD | 32.21 | 32.58 | 31.80 | 32.52 | 14.7M |
ConocoPhillips | COP | 52.96 | 53.89 | 52.10 | 53.42 | 14.2M |
Home Depot | HD | 28.52 | 28.84 | 28.26 | 28.74 | 12.8M |
Verizon Communications | VZ | 29.62 | 29.93 | 29.50 | 29.84 | 12.7M |
Schlumberger | SLB | 53.92 | 55.94 | 53.44 | 55.76 | 12.6M |
Wal-Mart Stores | WMT | 51.02 | 51.25 | 50.72 | 51.00 | 11.9M |
Johnson & Johnson | JNJ | 57.45 | 57.88 | 56.99 | 57.60 | 11.7M |
Walt Disney & Co. | DIS | 32.13 | 32.85 | 31.58 | 32.78 | 11.1M |
Procter & Gamble | PG | 59.71 | 59.92 | 59.25 | 59.80 | 10.3M |
Coca-Cola | KO | 55.44 | 56.20 | 55.03 | 56.16 | 9.83M |
Merck | MRK | 34.63 | 35.11 | 34.32 | 35.00 | 9.55M |
Abbott Laboratories | ABT | 49.56 | 49.90 | 49.01 | 49.84 | 9.45M |
Chevron | CVX | 73.89 | 75.04 | 72.93 | 74.93 | 8.79M |
Pfizer | PFE | 15.99 | 16.12 | 15.78 | 16.09 | 7.37M |
Berkshire Hathaway | BRK.B | 76.86 | 78.78 | 76.67 | 78.78 | 7.29M |
Amgen | AMGN | 51.00 | 52.41 | 50.26 | 52.08 | 7.09M |
UnitedHealth Group | UNH | 31.96 | 32.42 | 31.48 | 32.37 | 7.05M |
Boeing | BA | 61.13 | 63.34 | 60.57 | 63.16 | 6.85M |
McDonald's | MCD | 73.47 | 74.07 | 72.86 | 73.99 | 6.59M |
Bristol-Myers Squibb | BMY | 25.97 | 26.27 | 25.66 | 26.12 | 6.4M |
International Business Machines | IBM | 123.83 | 124.80 | 122.42 | 124.73 | 6.21M |
Pepsico | PEP | 64.20 | 64.47 | 63.38 | 64.12 | 5.23M |
Amazon | AMZN | 125.46 | 126.64 | 122.25 | 126.64 | 5.08M |
United Technologies | UTX | 65.99 | 66.68 | 64.99 | 66.57 | 5.07M |
Alphabet | GOOGL | 452.56 | 459.99 | 447.65 | 458.83 | 4.62M |
Union Pacific | UNP | 72.78 | 73.85 | 71.90 | 73.69 | 4.51M |
Visa | V | 70.39 | 71.13 | 69.60 | 71.11 | 3.91M |
3M | MMM | 80.12 | 81.09 | 79.20 | 81.00 | 3.45M |
Exchange Rates of August 27, 2010
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 85.210 JPY | 1 JPY = 0.012 USD |
US Dollar | Canadian Dollar | 1 USD = 1.051 CAD | 1 CAD = 0.952 USD |
US Dollar | Swiss Franc | 1 USD = 1.028 CHF | 1 CHF = 0.973 USD |
US Dollar | Chinese Yuan | 1 USD = 6.799 CNY | 1 CNY = 0.147 USD |
Euro | Japanese Yen | 1 EUR = 108.720 JPY | 1 JPY = 0.009 EUR |
Euro | Pound Sterling | 1 EUR = 0.822 GBP | 1 GBP = 1.217 EUR |
Euro | Australian Dollar | 1 EUR = 1.419 AUD | 1 AUD = 0.705 EUR |
Euro | Canadian Dollar | 1 EUR = 1.341 CAD | 1 CAD = 0.746 EUR |
Euro | Swiss Franc | 1 EUR = 1.312 CHF | 1 CHF = 0.762 EUR |
Euro | Chinese Yuan | 1 EUR = 8.676 CNY | 1 CNY = 0.115 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.756 GBP | 1 GBP = 1.324 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.305 AUD | 1 AUD = 0.766 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1.233 CAD | 1 CAD = 0.811 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.206 CHF | 1 CHF = 0.829 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 1.727 AUD | 1 AUD = 0.579 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.632 CAD | 1 CAD = 0.613 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1.596 CHF | 1 CHF = 0.627 GBP |
Pound Sterling | Chinese Yuan | 1 GBP = 10.545 CNY | 1 CNY = 0.095 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.945 CAD | 1 CAD = 1.059 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.923 CHF | 1 CHF = 1.083 AUD |
Australian Dollar | Chinese Yuan | 1 AUD = 6.112 CNY | 1 CNY = 0.164 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0.978 CHF | 1 CHF = 1.023 CAD |
Canadian Dollar | Chinese Yuan | 1 CAD = 6.469 CNY | 1 CNY = 0.155 CAD |
Swiss Franc | Chinese Yuan | 1 CHF = 6.612 CNY | 1 CNY = 0.151 CHF |
See what else happened on August 27, 2010