Financial news on July 30, 2012

Business and Financial news
As Sales Lag, G.M.’s Chief of Marketing Resigns

General Motors chief global marketing executive Joel Ewanick resigns in the company's latest management shuffle. Read more..

By BILL VLASIC - The New York Times

A Venerable Cracker Brand Returns to Television

Andrew Adam Newman Advertising column notes Kraft Foods' Nabisco Honey Maid graham crackers, which has not run television commercials since the 1990s, is beginning a campaign to promote new products Grahamfuls sandwich crackers and Honey Maid Angry Birds. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Business Day Live | July 30, 2012

The pressure is on for Mario Draghi to preserve the euro. | Markets look for signals of more stimulus from the Fed. | Where pianos go to die. Read more..

Mac William Bishop, Nadia Sussman, Pedro Rosado and Channon Hodge - The New York Times

Lenders Extend Stay in Greece to Work Out Latest Cuts

Envoys representing Greece's foreign lenders will remain in Athens 'as long as is necessary' to help government leaders complete a 'credible package' of budget savings; European Commission, European Central Bank and International Monetary Fund have extended to Greece two loans worth about $295 billion over the past two years but have expressed frustration at country's slow execution of reforms. Read more..

By NIKI KITSANTONIS - The New York Times

Olympics Give ‘Today’ a Way to Reassert Its Morning Dominance

NBC's Today show is using coverage of the Olympics in London, which the network has exclusive rights to televise in the United States, as a reset button for the show; Games come amid a tough ratings challenge from Good Morning America and the introduction of Savannah Guthrie as a co-host. Read more..

By BRIAN STELTER - The New York Times

Safety Board Investigates Debris From a 787’s Engine

National Transportation Safety Board is investigating why debris fell from an engine on a new Boeing 787 Dreamliner during a preflight test in South Carolina. Read more..

By CHRISTOPHER DREW - The New York Times

Saving Face and the Euro Will Be Tough

Mario Draghi said the European Central Bank's job was to stop sovereign bond yields from rising if the cause was fear of a breakup, but he will struggle to come up with the right tools. Read more..

By HUGO DIXON | REUTERS - International Herald Tribune

Time Inc.’s New Chief Rethinks Magazines for a Digital Audience

Time Inc's new chief executive Laura Lang is focusing on the transition to mobile devices and the customizing of ads for marketers based on data the company collects on its magazine readers; she has convened senior executives to review each magazine and assess what each needs to thrive in a digital world. Read more..

By AMY CHOZICK - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
General Electric GE 20,79 20,91 20,69 20,80 45M
Cisco Systems CSCO 15,71 16,07 15,67 15,87 36.4M
JPMorgan Chase JPM 36,50 36,52 35,94 36,14 30.7M
Pfizer PFE 23,77 23,84 23,57 23,71 29.7M
Facebook FB 24,00 24,04 23,03 23,15 29.3M
Microsoft MSFT 29,75 29,82 29,46 29,64 28.9M
Intel INTC 25,98 26,20 25,68 25,76 25.9M
AT&T Inc. T 37,08 37,69 37,03 37,43 24.9M
Oracle Corp. ORCL 30,69 31,00 30,40 30,58 20.9M
Wells Fargo & Co. WFC 34,15 34,40 33,91 33,96 19.1M
Apple AAPL 590,92 599,44 587,82 595,03 13.5M
Merck MRK 44,64 44,93 44,33 44,48 13M
HP Inc. HPQ 18,45 18,64 18,18 18,26 12.5M
Abbott Laboratories ABT 66,16 66,66 66,02 66,60 11.2M
ExxonMobil XOM 87,28 87,83 87,08 87,56 11.2M
Verizon Communications VZ 44,71 45,08 44,69 44,95 10.6M
Comcast CMCSA 32,31 32,56 32,08 32,21 9.7M
Wal-Mart Stores WMT 74,46 75,24 74,45 74,98 9.15M
Home Depot HD 53,46 53,76 52,81 53,25 9.02M
Walt Disney & Co. DIS 49,95 50,14 49,65 49,80 8.89M
Procter & Gamble PG 64,89 65,29 64,50 65,10 8.39M
Johnson & Johnson JNJ 69,37 69,65 69,16 69,45 8.38M
Coca-Cola KO 79,77 81,17 79,57 81,12 7.97M
Bristol-Myers Squibb BMY 35,95 35,99 35,57 35,63 7.36M
Altria MO 35,88 36,19 35,77 36,16 7.1M
Gilead Sciences GILD 55,50 56,04 55,43 55,61 7.07M
Schlumberger SLB 72,82 72,86 72,09 72,54 6.44M
Pepsico PEP 71,95 72,94 71,85 72,75 6.2M
Amgen AMGN 83,17 84,39 83,04 83,46 5.82M
ConocoPhillips COP 54,94 55,16 54,56 54,86 5.81M
Chevron CVX 108,87 109,93 108,76 109,82 5.79M
Boeing BA 74,60 75,59 74,43 74,86 5M
United Technologies UTX 74,27 75,58 74,27 74,97 4.44M
McDonald's MCD 89,32 89,67 89,12 89,33 4.43M
UnitedHealth Group UNH 53,32 53,71 52,89 53,26 4.41M
Alphabet GOOGL 636,05 642,60 629,50 632,30 4.37M
General Motors GM 19,55 19,65 19,30 19,36 4.22M
Amazon AMZN 237,00 240,74 234,07 236,09 3.74M
Visa V 128,85 132,35 128,71 130,84 3.16M
International Business Machines IBM 196,32 197,84 195,92 196,68 2.79M
Berkshire Hathaway BRK.B 85,01 85,44 84,81 85,23 2.72M
3M MMM 91,41 91,95 90,91 91,28 2.71M
Union Pacific UNP 122,36 123,67 121,87 123,14 1.79M
Exchange Rates of July 30, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 78,160 JPY 1 JPY = 0,013 USD
US Dollar Canadian Dollar 1 USD = 1,002 CAD 1 CAD = 0,998 USD
US Dollar Swiss Franc 1 USD = 0,980 CHF 1 CHF = 1,021 USD
US Dollar Chinese Yuan 1 USD = 6,380 CNY 1 CNY = 0,157 USD
Euro Japanese Yen 1 EUR = 95,800 JPY 1 JPY = 0,010 EUR
Euro Pound Sterling 1 EUR = 0,780 GBP 1 GBP = 1,282 EUR
Euro Australian Dollar 1 EUR = 1,168 AUD 1 AUD = 0,856 EUR
Euro Canadian Dollar 1 EUR = 1,228 CAD 1 CAD = 0,814 EUR
Euro Swiss Franc 1 EUR = 1,201 CHF 1 CHF = 0,833 EUR
Euro Chinese Yuan 1 EUR = 7,822 CNY 1 CNY = 0,128 EUR
Japanese Yen Pound Sterling 1 JPY = 0,814 GBP 1 GBP = 1,228 JPY
Japanese Yen Australian Dollar 1 JPY = 1,218 AUD 1 AUD = 0,821 JPY
Japanese Yen Canadian Dollar 1 JPY = 1,281 CAD 1 CAD = 0,781 JPY
Japanese Yen Swiss Franc 1 JPY = 1,254 CHF 1 CHF = 0,798 JPY
Pound Sterling Australian Dollar 1 GBP = 1,497 AUD 1 AUD = 0,668 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,574 CAD 1 CAD = 0,636 GBP
Pound Sterling Swiss Franc 1 GBP = 1,539 CHF 1 CHF = 0,650 GBP
Pound Sterling Chinese Yuan 1 GBP = 10,021 CNY 1 CNY = 0,100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1,051 CAD 1 CAD = 0,951 AUD
Australian Dollar Swiss Franc 1 AUD = 1,028 CHF 1 CHF = 0,973 AUD
Australian Dollar Chinese Yuan 1 AUD = 6,699 CNY 1 CNY = 0,149 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,978 CHF 1 CHF = 1,023 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6,369 CNY 1 CNY = 0,157 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,512 CNY 1 CNY = 0,154 CHF

See what else happened on July 30, 2012