Financial news on July 31, 2008

Business and Financial news
Amazon Music on an iPod

Do digital songs from Amazon.com work on an iPod, and if so, how do you get them onto the thing from the Web? Read more..

By J. D. BIERSDORFER - The New York Times

Amgen Told to Reword Drug Label

The Food and Drug Administration has ordered Amgen to change the labels for its flagship anemia drugs in a way that could further restrict their use in treating patients with cancer. Read more..

By ANDREW POLLACK - The New York Times

Clay T. Whitehead, Guide of Policy That Helped Cable TV, Is Dead at 69

Mr. Whitehead laid the groundwork for Open Skies, the policy that led to the creation of the domestic satellite system that brought cable television into millions of American homes. Read more..

By DENNIS HEVESI - The New York Times

Delta Redoes Mileage Plan for Its Fliers

Delta Air Lines introduced a three-tier system that will require as many as 60,000 miles for a last-minute domestic coach ticket. Read more..

By MICHELINE MAYNARD - The New York Times

ESPN and Theme Parks Bolster Profit at Disney

Disney reported an 8.5 percent rise in profit, showing strong third-quarter results at its media networks and its theme parks. Read more..

By BROOKS BARNES - The New York Times

Online, Even if You’re Off-Road

The cellphone networks that began by carrying phone calls, and then data, are now connecting users directly to the Internet -- an idea cellphone carriers once frowned on. Read more..

By PETER WAYNER - The New York Times

United Sues Pilots, Saying Job Action Canceled Hundreds of Flights

United Airlines filed suit in federal court against its pilots’ union, asking it to stop pilots from engaging in slowdowns it said led to the cancellation of hundreds of flights. Read more..

By MICHELINE MAYNARD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC21.9322.6021.9222.1965.3M
MicrosoftMSFT25.8526.2825.7125.7260.5M
Cisco SystemsCSCO22.0122.6021.9821.9956.6M
General ElectricGE28.7028.9628.2928.2954.8M
Wells Fargo & Co.WFC30.7131.2430.0130.2748.1M
AT&T Inc.T30.8531.6830.7730.8142.6M
ExxonMobilXOM81.8282.5580.1980.4340.9M
JPMorgan ChaseJPM40.6341.9640.3040.6337.4M
Oracle Corp.ORCL21.0621.9020.9821.5337.3M
VisaV76.2278.1571.4973.0637.2M
ComcastCMCSA20.0421.1420.0320.6232M
AltriaMO21.1321.4720.1020.3526.8M
Walt Disney & Co.DIS30.5530.8730.1330.3525.6M
AppleAAPL157.70162.20156.98158.9522.8M
Verizon CommunicationsVZ34.0734.9233.9534.0421.8M
Wal-Mart StoresWMT58.0759.3757.9158.6218.6M
Home DepotHD23.5824.5523.4923.8318.6M
Bristol-Myers SquibbBMY21.4921.6521.0021.1218.4M
ConocoPhillipsCOP84.0484.0481.4381.6218.1M
MerckMRK32.8833.8132.8032.9017.6M
UnitedHealth GroupUNH27.1228.9727.1228.0817.3M
Abbott LaboratoriesABT56.5957.6756.1256.3416.8M
ChevronCVX86.1686.9984.2184.5615.1M
HP Inc.HPQ44.8545.3944.5144.8014.6M
Procter & GamblePG66.0266.4465.2565.4814M
Johnson & JohnsonJNJ67.8069.0567.7968.4713.8M
PfizerPFE18.8019.0918.6118.6712.7M
AmgenAMGN61.9363.4761.8462.6312.3M
SchlumbergerSLB100.69103.00100.14101.6011.8M
Coca-ColaKO51.5051.8551.2251.5010.6M
BoeingBA63.0063.0061.0161.1110.6M
Gilead SciencesGILD53.7155.2353.2453.988.35M
PepsicoPEP66.8067.4366.4266.567.32M
McDonald'sMCD60.2060.9859.6959.796.96M
United TechnologiesUTX65.8066.0563.9563.986.84M
International Business MachinesIBM128.10129.50127.74127.985.86M
AlphabetGOOGL475.96480.89471.44473.755.72M
AmazonAMZN76.7578.1776.1076.345.3M
Union PacificUNP82.3084.2582.2082.444.44M
3MMMM70.8471.2570.2970.394.25M
Berkshire HathawayBRK.B3793.003880.003740.003829.0024.5K
Exchange Rates of July 31, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107.830 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.023 CAD1 CAD = 0.977 USD
US DollarSwiss Franc1 USD = 1.047 CHF1 CHF = 0.955 USD
US DollarChinese Yuan1 USD = 6.839 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 168.190 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.786 GBP1 GBP = 1.272 EUR
EuroAustralian Dollar1 EUR = 1.656 AUD1 AUD = 0.604 EUR
EuroCanadian Dollar1 EUR = 1.596 CAD1 CAD = 0.627 EUR
EuroSwiss Franc1 EUR = 1.634 CHF1 CHF = 0.612 EUR
Japanese YenPound Sterling1 JPY = 0.467 GBP1 GBP = 2.140 JPY
Japanese YenAustralian Dollar1 JPY = 0.984 AUD1 AUD = 1.016 JPY
Japanese YenCanadian Dollar1 JPY = 0.948 CAD1 CAD = 1.055 JPY
Japanese YenSwiss Franc1 JPY = 0.971 CHF1 CHF = 1.030 JPY
Pound SterlingAustralian Dollar1 GBP = 2.107 AUD1 AUD = 0.475 GBP
Pound SterlingCanadian Dollar1 GBP = 2.029 CAD1 CAD = 0.493 GBP
Pound SterlingSwiss Franc1 GBP = 2.077 CHF1 CHF = 0.482 GBP
Australian DollarCanadian Dollar1 AUD = 0.963 CAD1 CAD = 1.039 AUD
Australian DollarSwiss Franc1 AUD = 0.986 CHF1 CHF = 1.015 AUD
Canadian DollarSwiss Franc1 CAD = 1.023 CHF1 CHF = 0.977 CAD

See what else happened on July 31, 2008