Financial news on May 01, 2007

Business and Financial news
Business Class to London: Cheaper Than You Might Think

Major airlines are improving their international routes and reducing capacity on domestic routes as lower-fare competition becomes more aggressive. Read more..

By JOE SHARKEY - The New York Times

Chinese E-Commerce Company Said to Plan Public Offering

Alibaba.com could raise $1 billion in what would be the biggest initial public offering ever for a Chinese Internet company. Read more..

By DAVID BARBOZA - The New York Times

Court Strikes Law Barring Sale of Drug Data

A federal judge ruled that the pharmaceutical industry could continue to use computerized data showing which doctors are prescribing what drugs. Read more..

By STEPHANIE SAUL - The New York Times

Heated Cross-Examination at the Conrad Black Trial

The cross-examination of a crucial witness grew heated when a defense lawyer portrayed the witness as forgetful or inept. Read more..

By RICHARD SIKLOS - The New York Times

High Court Puts Limits on Patents

The Supreme Court made it more difficult to get a patent on new products that combine elements of existing inventions. Read more..

By LINDA GREENHOUSE - The New York Times

Japan Wages Fell in March

Wages in Japan fell for a fourth month in March, signaling that growth in consumer spending will be limited. Monthly wages, including overtime and bonuses, fell 0.4 percent after dropping 1 percent in February, the labor ministry said. In China, m... Read more..

By BLOOMBERG NEWS - The New York Times

Profit Surges at Loews

First-quarter profit climbed 42 percent on gains in its insurance, cigarette and oil-drilling units. Read more..

By BLOOMBERG NEWS - The New York Times

Recruiting Plankton to Fight Global Warming

Several groups are working on massive fields of plankton intended to absorb carbon dioxide. Read more..

By MATT RICHTEL - The New York Times

The Names Are Vintage, the Touches Modern

The lonely Maytag repairman is getting a personality makeover in a change meant to appeal to a new generation of shoppers. Read more..

By STUART ELLIOTT - The New York Times

This One Will Floor You

By STUART ELLIOTT. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.94 30.42 29.90 30.19 73.5M
Intel INTC 21.56 21.83 21.45 21.64 60.7M
Cisco Systems CSCO 26.87 27.03 26.56 26.86 46.2M
General Electric GE 36.72 37.18 36.72 37.10 44M
Pfizer PFE 26.38 26.70 26.28 26.59 36.6M
Oracle Corp. ORCL 18.75 18.82 18.55 18.59 33.3M
AT&T Inc. T 38.93 39.17 38.70 38.84 25.9M
ExxonMobil XOM 79.60 79.99 79.05 79.66 24.3M
Comcast CMCSA 26.94 27.20 26.25 26.70 22M
Apple AAPL 99.59 100.35 98.55 99.47 19M
Procter & Gamble PG 63.07 63.25 62.63 62.96 18.8M
Amazon AMZN 61.12 62.04 60.28 61.19 18.5M
Amgen AMGN 64.40 65.21 64.17 65.10 17.3M
HP Inc. HPQ 42.31 43.00 42.14 42.92 17.1M
Wal-Mart Stores WMT 47.92 48.56 47.51 48.33 14.8M
JPMorgan Chase JPM 52.40 52.50 51.60 52.26 13.9M
Verizon Communications VZ 38.37 38.69 38.25 38.51 13.3M
Home Depot HD 38.14 38.48 37.90 38.43 13.1M
ConocoPhillips COP 69.90 69.90 68.73 69.19 12.7M
Bristol-Myers Squibb BMY 29.17 29.49 28.65 28.68 12.1M
Walt Disney & Co. DIS 35.10 35.50 35.09 35.47 11.1M
Merck MRK 51.65 51.73 50.54 50.98 10.7M
Wells Fargo & Co. WFC 36.03 36.15 35.72 35.76 10.3M
Coca-Cola KO 52.19 52.64 52.13 52.63 10.3M
Johnson & Johnson JNJ 64.53 64.94 64.26 64.56 10M
Abbott Laboratories ABT 56.56 57.19 56.43 57.01 9.61M
Schlumberger SLB 73.95 74.55 72.31 73.83 9.42M
Chevron CVX 77.99 78.63 77.42 78.35 9.24M
UnitedHealth Group UNH 52.92 53.00 52.44 52.75 9.13M
International Business Machines IBM 102.06 103.17 102.05 103.17 8.67M
Alphabet GOOGL 472.19 472.81 464.17 469.00 7.31M
Altria MO 69.25 69.50 68.22 68.81 7.18M
McDonald's MCD 48.26 49.20 48.21 49.14 6.51M
3M MMM 82.77 83.73 82.16 83.61 5.56M
Gilead Sciences GILD 81.99 82.65 81.58 82.58 4.56M
Pepsico PEP 66.11 66.51 65.97 66.40 4.11M
Union Pacific UNP 114.99 115.73 112.03 112.22 4.04M
United Technologies UTX 67.38 67.89 66.98 67.73 3.26M
Boeing BA 93.15 93.65 92.50 93.23 3.24M
Berkshire Hathaway BRK.B 3634.00 3634.00 3594.00 3606.00 17.4K
Exchange Rates of May 01, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 119.830 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.111 CAD 1 CAD = 0.900 USD
US Dollar Swiss Franc 1 USD = 1.215 CHF 1 CHF = 0.823 USD
US Dollar Chinese Yuan 1 USD = 7.706 CNY 1 CNY = 0.130 USD
Euro Japanese Yen 1 EUR = 163.040 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.681 GBP 1 GBP = 1.470 EUR
Euro Australian Dollar 1 EUR = 1.644 AUD 1 AUD = 0.608 EUR
Euro Canadian Dollar 1 EUR = 1.511 CAD 1 CAD = 0.662 EUR
Euro Swiss Franc 1 EUR = 1.652 CHF 1 CHF = 0.605 EUR
Japanese Yen Pound Sterling 1 JPY = 0.417 GBP 1 GBP = 2.397 JPY
Japanese Yen Australian Dollar 1 JPY = 1.008 AUD 1 AUD = 0.992 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.926 CAD 1 CAD = 1.079 JPY
Japanese Yen Swiss Franc 1 JPY = 1.013 CHF 1 CHF = 0.987 JPY
Pound Sterling Australian Dollar 1 GBP = 2.415 AUD 1 AUD = 0.414 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.220 CAD 1 CAD = 0.450 GBP
Pound Sterling Swiss Franc 1 GBP = 2.427 CHF 1 CHF = 0.412 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.919 CAD 1 CAD = 1.088 AUD
Australian Dollar Swiss Franc 1 AUD = 1.005 CHF 1 CHF = 0.996 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.093 CHF 1 CHF = 0.915 CAD

See what else happened on May 01, 2007