Financial news on February 2nd, 2007
Business and Financial news
Second-quarter profit rose 16 percent as higher prices overshadowed an increase in advertising costs. Read more..
Coca-Cola said it agreed to buy Fuze Beverage to add more juice, tea and energy drinks in an effort to catch up with PepsiCo. Read more..
Consumer spending rose in December by the most in five months, helping the economy weather a slump in manufacturing that extended into 2007. Read more..
Inspired by “American Idol,” voter-based competitions are proliferating in every corner of the entertainment world. Read more..
Exxon’s profit of $39.5 billion broke the record it set last year for the largest profit ever by an American company. Read more..
Amazon.com’s profits are paying the price for higher taxes and heavy spending during the holiday months. Read more..
People. Read more..
Raytheon said fourth-quarter profit rose 26 percent on higher foreign sales and electronics work for a new Navy ship. Read more..
A week after ousting its chief executive, Gap removed his top deputy and former Disney colleague, Cynthia Harriss, as president of the Gap brand. Read more..
The parent company of MTV and Comedy Central demanded that YouTube remove more than 100,000 clips of its programming. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.82 | 30.84 | 30.13 | 30.19 | 60.4M |
| Cisco Systems | CSCO | 26.91 | 27.18 | 26.60 | 27.14 | 59.4M |
| Intel | INTC | 21.14 | 21.25 | 21.03 | 21.23 | 55.3M |
| Oracle Corp. | ORCL | 17.14 | 17.44 | 17.11 | 17.42 | 41.2M |
| Pfizer | PFE | 26.71 | 26.87 | 26.61 | 26.80 | 35.3M |
| Amazon | AMZN | 37.23 | 37.74 | 36.68 | 37.39 | 25.9M |
| General Electric | GE | 36.26 | 36.40 | 36.12 | 36.27 | 25.1M |
| ExxonMobil | XOM | 75.00 | 75.79 | 74.45 | 75.54 | 24.3M |
| Apple | AAPL | 84.12 | 85.25 | 83.70 | 84.75 | 22.2M |
| AT&T Inc. | T | 37.75 | 38.18 | 37.61 | 38.12 | 20.8M |
| JPMorgan Chase | JPM | 51.21 | 51.33 | 50.73 | 50.93 | 15.4M |
| Merck | MRK | 45.12 | 45.31 | 43.91 | 44.73 | 14.7M |
| Comcast | CMCSA | 43.02 | 43.25 | 42.87 | 43.07 | 12.7M |
| Wal-Mart Stores | WMT | 47.75 | 48.42 | 47.64 | 48.08 | 12.6M |
| Alphabet | GOOGL | 482.61 | 485.00 | 477.81 | 481.50 | 12.6M |
| HP Inc. | HPQ | 42.46 | 42.69 | 41.94 | 42.07 | 11.5M |
| Johnson & Johnson | JNJ | 66.58 | 67.15 | 66.49 | 66.58 | 11.3M |
| Verizon Communications | VZ | 38.20 | 38.38 | 38.01 | 38.17 | 10.8M |
| Amgen | AMGN | 69.68 | 70.01 | 69.40 | 69.45 | 10.1M |
| Bristol-Myers Squibb | BMY | 28.80 | 29.00 | 28.35 | 28.64 | 10M |
| Home Depot | HD | 40.90 | 41.14 | 40.61 | 40.83 | 9.93M |
| Altria | MO | 87.48 | 87.60 | 86.31 | 86.56 | 9.72M |
| Abbott Laboratories | ABT | 52.55 | 53.00 | 52.44 | 52.67 | 9.66M |
| ConocoPhillips | COP | 67.32 | 67.53 | 66.52 | 67.29 | 9.12M |
| Schlumberger | SLB | 64.67 | 65.60 | 63.95 | 65.12 | 8.85M |
| Walt Disney & Co. | DIS | 35.02 | 35.38 | 35.00 | 35.18 | 7.78M |
| Chevron | CVX | 73.80 | 74.62 | 73.30 | 74.04 | 7.38M |
| Gilead Sciences | GILD | 71.00 | 71.90 | 70.24 | 70.67 | 7.15M |
| International Business Machines | IBM | 99.10 | 99.73 | 98.88 | 99.17 | 6.66M |
| Procter & Gamble | PG | 65.40 | 65.64 | 65.09 | 65.34 | 6.38M |
| Wells Fargo & Co. | WFC | 35.87 | 36.05 | 35.77 | 35.86 | 6.22M |
| 3M | MMM | 73.87 | 74.07 | 73.72 | 73.87 | 5.58M |
| Coca-Cola | KO | 48.41 | 48.41 | 48.04 | 48.24 | 5.35M |
| Boeing | BA | 91.05 | 91.48 | 89.95 | 90.05 | 5.1M |
| UnitedHealth Group | UNH | 52.85 | 53.45 | 52.75 | 52.91 | 4.96M |
| McDonald's | MCD | 44.48 | 44.74 | 44.42 | 44.54 | 4.72M |
| United Technologies | UTX | 68.75 | 68.75 | 67.83 | 68.00 | 4.54M |
| Pepsico | PEP | 64.65 | 65.30 | 64.64 | 65.04 | 3.1M |
| Union Pacific | UNP | 102.85 | 103.10 | 102.00 | 102.40 | 2.09M |
| Berkshire Hathaway | BRK.B | 3684.00 | 3686.00 | 3620.00 | 3632.00 | 17.8K |
Exchange Rates of February 2nd, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 121.100 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.184 CAD | 1 CAD = 0.844 USD |
| US Dollar | Swiss Franc | 1 USD = 1.248 CHF | 1 CHF = 0.801 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.756 CNY | 1 CNY = 0.129 USD |
| Euro | Japanese Yen | 1 EUR = 156.980 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.659 GBP | 1 GBP = 1.517 EUR |
| Euro | Australian Dollar | 1 EUR = 1.672 AUD | 1 AUD = 0.598 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.535 CAD | 1 CAD = 0.652 EUR |
| Euro | Swiss Franc | 1 EUR = 1.618 CHF | 1 CHF = 0.618 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.420 GBP | 1 GBP = 2.383 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.065 AUD | 1 AUD = 0.939 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.977 CAD | 1 CAD = 1.023 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.030 CHF | 1 CHF = 0.971 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.537 AUD | 1 AUD = 0.394 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.329 CAD | 1 CAD = 0.429 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.453 CHF | 1 CHF = 0.408 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.917 CAD | 1 CAD = 1.090 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.967 CHF | 1 CHF = 1.034 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.053 CHF | 1 CHF = 0.949 CAD |
See what else happened on February 2nd, 2007