Financial news on August 29th, 2007

Business and Financial news
AT&T Prepares to Consolidate Some Ad Assignments

AT&T has placed in review its media planning and buying account as it seeks to consolidate media chores, now handled by five agencies, at one of them. Read more..

By STUART ELLIOTT - The New York Times

Brooklyn Navy Yard, a Roomy Haven for Industry, Once Again Is Booming

The Brooklyn Navy Yard, one of New York City’s major industrial real estate sites, is undergoing a renaissance. Read more..

By JANE L. LEVERE - The New York Times

C.E.O. Croons for Prospective President (Music Video to Follow)

Want to hear a campaign song for Hillary Clinton made in Silicon Valley? Thought so. Read more..

By MATT RICHTEL - The New York Times

Former Associate at Goldman Pleads Guilty

A former Goldman Sachs associate accused of being the mastermind behind a complex insider-trading scheme pleaded guilty on Tuesday. Read more..

By MICHAEL J. de la MERCED - The New York Times

Jersey City Landlords Prosper in New York’s Shadow

Brokers say the Jersey City office market is tight right now and in the last year, rents there have risen smartly. Read more..

By J. ALEX TARQUINIO - The New York Times

Lawyer Quits Firm to Focus on Inquiry

William S. Lerach, who has been embroiled in a seven-year federal investigation into possible kickbacks to plaintiffs for their testimony, is retiring from his firm. Read more..

By JENNY ANDERSON - The New York Times

NBC Buys TV Group Overseas

Jeff Zucker, the president and chief executive of NBC, said the deal was the first sign of a strategic shift at the company. Read more..

By BILL CARTER and ERIC PFANNER - The New York Times

The Journal Is to Rename Leisure Section for Weekends

The Wall Street Journal will rechristen Pursuits, its Saturday leisure section, as Weekend Journal, the same name as the Friday section. Read more..


The Wait Is Over! News Corp./NBC’s NewSite has a Name.

The online video venture between NBC and Fox has a name: Read more..

By BRAD STONE - The New York Times

Trying to Connect the Dinner Plate to Climate Change

Big animal rights groups do not share the same mission, but they have coalesced around a message that eating meat is worse for the environment than driving. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Home DepotHD35,1336,8035,1336,5566.3M
General ElectricGE38,2438,7538,1538,7141.5M
Cisco SystemsCSCO30,5431,0230,4931,0039.6M
Oracle Corp.ORCL19,4120,1519,3720,1331M
Wal-Mart StoresWMT43,5744,3243,4544,1922.6M
JPMorgan ChaseJPM43,8844,2343,1544,1321.6M
AT&T Inc.T39,4040,2439,1040,2018M
Wells Fargo & Co.WFC35,3536,1135,0135,9815.9M
HP Inc.HPQ46,9548,7646,9548,4214M
Abbott LaboratoriesABT50,8551,5650,3451,4912.6M
Gilead SciencesGILD35,8336,0935,2236,0510.7M
Johnson & JohnsonJNJ61,3561,9961,2661,8610.2M
Procter & GamblePG64,8965,2664,5065,128.88M
Verizon CommunicationsVZ41,8042,2941,7142,238.84M
Walt Disney & Co.DIS33,3033,9533,0733,898.36M
International Business MachinesIBM112,88114,98112,07114,577.05M
Bristol-Myers SquibbBMY28,8329,0528,4229,016.71M
UnitedHealth GroupUNH48,8149,0048,2748,696.25M
United TechnologiesUTX72,2374,4872,1274,354.13M
Union PacificUNP107,53110,12107,50109,931.87M
Berkshire HathawayBRK.B3960,003989,003947,003950,009.5K
Exchange Rates of August 29th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116,120 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,059 CAD1 CAD = 0,944 USD
US DollarSwiss Franc1 USD = 1,199 CHF1 CHF = 0,834 USD
US DollarChinese Yuan1 USD = 7,549 CNY1 CNY = 0,132 USD
EuroJapanese Yen1 EUR = 158,810 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,678 GBP1 GBP = 1,476 EUR
EuroAustralian Dollar1 EUR = 1,664 AUD1 AUD = 0,601 EUR
EuroCanadian Dollar1 EUR = 1,448 CAD1 CAD = 0,691 EUR
EuroSwiss Franc1 EUR = 1,640 CHF1 CHF = 0,610 EUR
Japanese YenPound Sterling1 JPY = 0,426 GBP1 GBP = 2,345 JPY
Japanese YenAustralian Dollar1 JPY = 1,047 AUD1 AUD = 0,955 JPY
Japanese YenCanadian Dollar1 JPY = 0,911 CAD1 CAD = 1,097 JPY
Japanese YenSwiss Franc1 JPY = 1,032 CHF1 CHF = 0,969 JPY
Pound SterlingAustralian Dollar1 GBP = 2,455 AUD1 AUD = 0,407 GBP
Pound SterlingCanadian Dollar1 GBP = 2,137 CAD1 CAD = 0,468 GBP
Pound SterlingSwiss Franc1 GBP = 2,420 CHF1 CHF = 0,413 GBP
Australian DollarCanadian Dollar1 AUD = 0,870 CAD1 CAD = 1,150 AUD
Australian DollarSwiss Franc1 AUD = 0,985 CHF1 CHF = 1,015 AUD
Canadian DollarSwiss Franc1 CAD = 1,132 CHF1 CHF = 0,883 CAD

See what else happened on August 29th, 2007