Financial news on August 30th, 2007

Business and Financial news
After 4 Years, Last Charges Dropped in Quattrone Case

Four years after Frank Quattrone was accused of obstructing justice in an investigation in to possible I.P.O. kickbacks, a judge on Friday approved a request to drop all remaining charges against him. Read more..

By BLOOMBERG NEWS - The New York Times

Canada: Bombardier Posts Loss on Write-Off

Bombardier, the commercial aircraft maker, posted a quarterly loss after writing off its investment in the Metronet Rail subway unit in Britain. Read more..

By BLOOMBERG NEWS - The New York Times

Circuits: A Musical Smartphone, Aiming to Increase the Cool Quotient

Motorola’s new Q Music 9M smartphone works with the V Cast music download service and has easy-to-use messaging features. Read more..

By JOHN BIGGS - The New York Times

Circuits: Make Your Mark in Photography With an Assist From a Printer

Forward-thinking graffiti artists may wish to try their designs on Hewlett-Packard’s $249 A826 Home Photo Center. Read more..

By MARTY KATZ - The New York Times

EMI Chief Leaves After Private Equity Takeover

Eric Nicoli’s exit came as Terra Firma Capital Partners, a private equity firm taking over the EMI Group, named executives from its own ranks to management positions at the music label. Read more..

By JEFF LEEDS - The New York Times

Executive Puts Rival’s Patent to the Test

A financial-services executive tracks down information needed for a patent infringement case. Read more..

By BRENT BOWERS - The New York Times

Mending a Bruised Image

Worried by the growing image of athletes gone wild, the N.F.L. is embarking on an advertising effort that highlights the positive aspects of the lives of its players. Read more..

By STUART ELLIOTT - The New York Times

Organic Dairy Agrees to Alter Some Practices

Colorado’s Aurora Organic Dairy agreed Wednesday to stop applying the organic label to some of its milk and to make major changes in its operations after its organic certification was threatened. Read more..

By ANDREW MARTIN - The New York Times

Synching Pearl to PC

Is there a way to synchronize my BlackBerry Pearl phone with my computer so that I can enter the information onto the computer instead of typing it in on the BlackBerry? Read more..

By J.D. BIERSDORFER - The New York Times

Yahoo’s New President Oversees a Shake-Up

Susan L. Decker, Yahoo’s new president, is reorganizing the company’s management ranks with a new division responsible for generating the bulk of the company’s revenue. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO30.8231.9730.7631.4356.3M
Home DepotHD36.3937.1436.3637.0434.6M
Oracle Corp.ORCL19.9620.4219.8120.2130.5M
Wal-Mart StoresWMT43.2143.6543.1643.3224M
General ElectricGE38.3238.7238.2538.4023.1M
JPMorgan ChaseJPM43.6444.3643.3443.9715.6M
AT&T Inc.T39.8940.2039.5739.7615M
Wells Fargo & Co.WFC35.8036.0935.5035.7414.3M
HP Inc.HPQ48.0548.9947.9648.4411M
Abbott LaboratoriesABT51.5851.7251.0351.4010M
Verizon CommunicationsVZ42.1342.2241.5041.938.58M
Johnson & JohnsonJNJ61.3561.9161.3561.608.35M
Procter & GamblePG64.8165.3164.5165.018.3M
International Business MachinesIBM113.62116.00113.62115.377.76M
Walt Disney & Co.DIS33.5733.7433.3333.477.33M
UnitedHealth GroupUNH48.6949.4948.3349.056.55M
Gilead SciencesGILD35.6036.4735.6036.145.81M
Bristol-Myers SquibbBMY28.8529.1128.7028.804.91M
United TechnologiesUTX73.4174.5573.2773.842.77M
Union PacificUNP108.32110.28106.99107.862.56M
Berkshire HathawayBRK.B3960.003967.003940.503948.006.3K
Exchange Rates of August 30th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115.840 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.057 CAD1 CAD = 0.946 USD
US DollarSwiss Franc1 USD = 1.204 CHF1 CHF = 0.830 USD
US DollarChinese Yuan1 USD = 7.545 CNY1 CNY = 0.133 USD
EuroJapanese Yen1 EUR = 157.930 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.677 GBP1 GBP = 1.477 EUR
EuroAustralian Dollar1 EUR = 1.671 AUD1 AUD = 0.598 EUR
EuroCanadian Dollar1 EUR = 1.441 CAD1 CAD = 0.694 EUR
EuroSwiss Franc1 EUR = 1.642 CHF1 CHF = 0.609 EUR
Japanese YenPound Sterling1 JPY = 0.429 GBP1 GBP = 2.334 JPY
Japanese YenAustralian Dollar1 JPY = 1.058 AUD1 AUD = 0.945 JPY
Japanese YenCanadian Dollar1 JPY = 0.912 CAD1 CAD = 1.096 JPY
Japanese YenSwiss Franc1 JPY = 1.039 CHF1 CHF = 0.962 JPY
Pound SterlingAustralian Dollar1 GBP = 2.469 AUD1 AUD = 0.405 GBP
Pound SterlingCanadian Dollar1 GBP = 2.129 CAD1 CAD = 0.470 GBP
Pound SterlingSwiss Franc1 GBP = 2.424 CHF1 CHF = 0.413 GBP
Australian DollarCanadian Dollar1 AUD = 0.862 CAD1 CAD = 1.160 AUD
Australian DollarSwiss Franc1 AUD = 0.982 CHF1 CHF = 1.019 AUD
Canadian DollarSwiss Franc1 CAD = 1.139 CHF1 CHF = 0.878 CAD

See what else happened on August 30th, 2007