Financial news on August 31st, 2009

Business and Financial news
A High Cost to Deal With Climate Shift

As the community of nations prepares to negotiate a climate treaty, the drumbeat for sharpening the details and a framework for helping poor nations implement it is quickening. Read more..

By TOM ZELLER Jr - International Herald Tribune

All a Cub Reporter Needs Is a Scoop and an iPhone

Fwix, a local news site, will release an iPhone application to let users file news updates, photos and videos from the field. Read more..

By CLAIRE CAIN MILLER - The New York Times

Edit to Ali-Frazier Film Brings Protests

The DVD for “Thrilla in Manila” cut five minutes from a fight scene, and some people are questioning the intent. Read more..

By STUART MILLER - The New York Times

Newsday Rejects Ads by Verizon, Now a Rival

The phone company bought full-page ads several times a month for its Internet and TV service until the paper stopped accepting them a few months ago. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Some Analysts See an End to Market Rally

Art Cashin, the director of floor operations at UBS, said, “The people who know are getting out early.” The ratio of insider selling to insider buying soared to 30 to 1 in August. Read more..

By JACK HEALY - The New York Times

Wikipedia Looks Hard at Its Culture

At an awkward moment, Wikipedia has hired consultants to tell it how to diversify its contributors and its offerings. Read more..

By NOAM COHEN - The New York Times

You’re Gone. But Hey, You Can Reapply.

Employees at The Journal News in Westchester County were told to reapply for their jobs, but in the end there would be 70 fewer positions. Read more..

By DAVID CARR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE13.9413.9813.7513.9067.1M
Wells Fargo & Co.WFC26.9727.6026.7727.5235.6M
JPMorgan ChaseJPM42.4443.6042.0643.4632.3M
Cisco SystemsCSCO21.7421.8421.5121.6031.4M
Walt Disney & Co.DIS26.4926.9725.7526.0429.5M
Oracle Corp.ORCL22.0022.1921.7321.8826.4M
AT&T Inc.T25.9926.2525.8926.0524.8M
Abbott LaboratoriesABT45.7746.2745.0245.2320.5M
Wal-Mart StoresWMT51.0251.4750.7350.8717.2M
Procter & GamblePG53.0054.1252.8154.1115.4M
Bristol-Myers SquibbBMY21.9522.1621.6722.1313.3M
Verizon CommunicationsVZ30.9031.0630.7131.0413.3M
Home DepotHD27.6927.6927.6927.6913.1M
HP Inc.HPQ44.1144.9543.9244.8912.9M
Johnson & JohnsonJNJ60.0460.5959.9660.4410.2M
UnitedHealth GroupUNH27.9728.7927.7028.007.6M
Gilead SciencesGILD44.9945.4044.7145.066.43M
International Business MachinesIBM117.10118.06116.92118.055.44M
United TechnologiesUTX59.2859.3658.8359.363.76M
Union PacificUNP60.0960.3559.2059.812.48M
Berkshire HathawayBRK.B3266.003289.503237.503286.0023.6K
Exchange Rates of August 31st, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 92.970 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.094 CAD1 CAD = 0.914 USD
US DollarSwiss Franc1 USD = 1.059 CHF1 CHF = 0.944 USD
US DollarChinese Yuan1 USD = 6.831 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 133.250 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.880 GBP1 GBP = 1.136 EUR
EuroAustralian Dollar1 EUR = 1.698 AUD1 AUD = 0.589 EUR
EuroCanadian Dollar1 EUR = 1.568 CAD1 CAD = 0.638 EUR
EuroSwiss Franc1 EUR = 1.518 CHF1 CHF = 0.659 EUR
EuroChinese Yuan1 EUR = 9.788 CNY1 CNY = 0.102 EUR
Japanese YenPound Sterling1 JPY = 0.660 GBP1 GBP = 1.515 JPY
Japanese YenAustralian Dollar1 JPY = 1.274 AUD1 AUD = 0.785 JPY
Japanese YenCanadian Dollar1 JPY = 1.176 CAD1 CAD = 0.850 JPY
Japanese YenSwiss Franc1 JPY = 1.139 CHF1 CHF = 0.878 JPY
Pound SterlingAustralian Dollar1 GBP = 1.930 AUD1 AUD = 0.518 GBP
Pound SterlingCanadian Dollar1 GBP = 1.781 CAD1 CAD = 0.561 GBP
Pound SterlingSwiss Franc1 GBP = 1.725 CHF1 CHF = 0.580 GBP
Pound SterlingChinese Yuan1 GBP = 11.108 CNY1 CNY = 0.090 GBP
Australian DollarCanadian Dollar1 AUD = 0.922 CAD1 CAD = 1.085 AUD
Australian DollarSwiss Franc1 AUD = 0.893 CHF1 CHF = 1.119 AUD
Australian DollarChinese Yuan1 AUD = 5.763 CNY1 CNY = 0.174 AUD
Canadian DollarSwiss Franc1 CAD = 0.968 CHF1 CHF = 1.033 CAD
Canadian DollarChinese Yuan1 CAD = 6.242 CNY1 CNY = 0.160 CAD
Swiss FrancChinese Yuan1 CHF = 6.447 CNY1 CNY = 0.155 CHF

See what else happened on August 31st, 2009