Financial news on February 01, 2007

Business and Financial news
Ads Drive Sharp Surge in Earnings at Google

Google reported a sharp rise in both sales and profit, driven by blockbuster growth of its search-driven advertising business. Read more..

By MIGUEL HELFT - The New York Times

A Higher Bid for REIT Is Expected by Vornado

A consortium of investors led by Vornado Realty Trust planned to raise its bid for Equity Office Properties Group to more than $40 billion. Read more..

By TERRY PRISTIN and ANDREW ROSS SORKIN - The New York Times

A New Cordless Phone From Uniden. Just Add Water.

Uniden’s water resistant phone has a 100-name phone book, caller ID with a 100-number memory and 20 ring tones. Read more..

By ROY FURCHGOTT - The New York Times

Awarder of Space Prize to Add Others

The X Prize Foundation said it was starting a broad fund-raising campaign to reward other innovators. Read more..

By MATT RICHTEL - The New York Times

Better Shoeboxes for Digital Photos

While digital photography has freed up closet space, sorting and retrieving pictures in the era of the 250-gigabyte hard drive has created a set of challenges of its own. Read more..

By IAN AUSTEN - The New York Times

Fed, Leaving Rate at 5.25%, Is Optimistic on Inflation

The Fed signaled that it is likely to keep the benchmark rate at current levels for the foreseeable future. Read more..

By EDMUND L. ANDREWS - The New York Times

NYSE Makes Alliance With Tokyo Exchange

The alliance calls for cooperation on joint listings, trading technology and marketing, with the possibility of investing in each other in the future. Read more..

By JENNY ANDERSON and MARTIN FACKLER - The New York Times

Overseas Calls Made Cheap, if Not Easy

The latest options in portable Internet phone-calling equipment that might appeal to the inner economist in you. Read more..

By DAVID POGUE - The New York Times

Paulson Tells Senate Panel China Must Let Its Currency Rise

Treasury Secretary Henry M. Paulson Jr. said efforts to persuade China to let its currency rise in value had achieved “some results” but that Beijing’s leadership needed to do far more. Read more..

By STEVEN R. WEISMAN - The New York Times

US Airways Withdraws Its $10.2 Billion Offer for Delta

The withdrawal ends speculation of an imminent wave of consolidation in the troubled airline industry. Read more..

By MICHELINE MAYNARD and MICHAEL J. DE LA MERCED - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 26.67 26.99 26.36 26.59 55.6M
Microsoft MSFT 30.84 30.94 30.37 30.56 55.4M
Intel INTC 20.98 21.14 20.87 21.11 50.5M
General Electric GE 36.18 36.24 35.76 36.23 37.9M
Alphabet GOOGL 506.00 506.01 481.53 481.75 31.3M
Pfizer PFE 26.39 26.69 26.31 26.62 30.7M
Oracle Corp. ORCL 17.22 17.34 17.03 17.05 29.3M
Comcast CMCSA 43.86 44.19 42.08 42.92 26.3M
Amazon AMZN 37.95 39.30 37.85 38.70 26.1M
ExxonMobil XOM 74.58 75.28 73.81 75.08 25.2M
Apple AAPL 86.23 86.27 84.74 84.74 23.7M
Bristol-Myers Squibb BMY 28.90 29.33 28.74 28.80 20.4M
AT&T Inc. T 37.70 37.81 37.47 37.75 19.8M
Gilead Sciences GILD 69.85 71.92 69.51 71.53 18.6M
ConocoPhillips COP 66.70 67.42 66.34 67.31 18.3M
HP Inc. HPQ 42.60 43.12 42.23 42.36 16.4M
Verizon Communications VZ 38.77 38.77 37.90 38.00 15.1M
Amgen AMGN 70.19 70.25 69.02 69.49 13.8M
JPMorgan Chase JPM 50.98 51.24 50.86 51.21 13.4M
Wal-Mart Stores WMT 47.51 48.08 47.44 47.78 13.2M
Home Depot HD 40.90 41.18 40.69 41.08 12.5M
Abbott Laboratories ABT 52.50 52.98 52.23 52.87 11.9M
Altria MO 87.48 87.85 86.73 87.48 11.6M
Schlumberger SLB 63.61 64.50 63.23 64.39 11.5M
Chevron CVX 73.25 74.96 73.10 74.47 11M
Johnson & Johnson JNJ 66.80 67.07 66.50 67.01 9.23M
Walt Disney & Co. DIS 35.09 35.15 34.89 35.01 8.16M
Procter & Gamble PG 64.90 65.49 64.68 65.34 8.12M
Merck MRK 44.90 45.44 44.69 45.13 7.96M
Wells Fargo & Co. WFC 35.93 36.09 35.62 35.87 7.88M
Boeing BA 89.95 92.24 89.73 91.05 6.62M
International Business Machines IBM 98.97 99.18 97.96 99.00 6.61M
3M MMM 74.75 74.83 73.71 73.99 6.5M
McDonald's MCD 44.26 44.52 44.20 44.48 6.09M
United Technologies UTX 68.05 68.73 67.90 68.58 5.9M
Coca-Cola KO 47.99 48.27 47.85 48.10 5.2M
UnitedHealth Group UNH 52.27 53.22 51.78 52.80 4.69M
Pepsico PEP 65.00 65.39 64.68 65.38 4.38M
Union Pacific UNP 101.00 103.40 100.98 102.84 4.27M
Berkshire Hathaway BRK.B 3671.50 3690.00 3655.00 3681.00 13K
Exchange Rates of February 01, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120.780 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.178 CAD 1 CAD = 0.849 USD
US Dollar Swiss Franc 1 USD = 1.244 CHF 1 CHF = 0.804 USD
US Dollar Chinese Yuan 1 USD = 7.759 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 157.270 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.662 GBP 1 GBP = 1.511 EUR
Euro Australian Dollar 1 EUR = 1.682 AUD 1 AUD = 0.595 EUR
Euro Canadian Dollar 1 EUR = 1.534 CAD 1 CAD = 0.652 EUR
Euro Swiss Franc 1 EUR = 1.619 CHF 1 CHF = 0.618 EUR
Japanese Yen Pound Sterling 1 JPY = 0.421 GBP 1 GBP = 2.377 JPY
Japanese Yen Australian Dollar 1 JPY = 1.069 AUD 1 AUD = 0.936 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.975 CAD 1 CAD = 1.025 JPY
Japanese Yen Swiss Franc 1 JPY = 1.029 CHF 1 CHF = 0.972 JPY
Pound Sterling Australian Dollar 1 GBP = 2.541 AUD 1 AUD = 0.394 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.318 CAD 1 CAD = 0.431 GBP
Pound Sterling Swiss Franc 1 GBP = 2.445 CHF 1 CHF = 0.409 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.912 CAD 1 CAD = 1.097 AUD
Australian Dollar Swiss Franc 1 AUD = 0.962 CHF 1 CHF = 1.039 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.055 CHF 1 CHF = 0.948 CAD

See what else happened on February 01, 2007