Financial news on July 3rd, 2008

Business and Financial news
Aiming to Sell the World on Fitness

Technogym, an exercise equipment maker, is expanding its reach to countries with few health clubs, in a strategy to survive an economic downturn in the United States. Read more..

By JOHN TAGLIABUE - The New York Times

Australia: Retail Sales Rose in May

Australian retail sales rose in May at the fastest rate in six months. Sales increased 0.7 percent from April, the Bureau of Statistics said. Read more..

By BLOOMBERG NEWS - The New York Times

A Voice From the ’80s to Deliver Driving Directions

It was bound to happen sooner or later: Generation X nostalgia and modern technology have come together in the “Knight Rider” Global Positioning System from Mio Technology. Read more..

By J. D. BIERSDORFER - The New York Times

In Turnabout, Russia to Allow Permits for BP Workers

The decision to expedite work permits for the six staff members of a BP joint venture was a sign of apparent backpedaling by the Russian government. Read more..

By ANDREW E. KRAMER - The New York Times

Kozy Shack in Snack Lineup for the Mets

Tubs of Kozy Shack rice and chocolate puddings are now being sold at Shea Stadium alongside the hot dogs and giant pretzels, and are being included in children’s meals at the ballpark. Read more..

By JOHN METCALFE - The New York Times

Paulson Calls for Stronger Regulators

In London, the Treasury secretary called for a new regulatory system that would allow even large financial institutions to fail without risking a wider market collapse. Read more..

By JULIA WERDIGIER - The New York Times

Price of Oil Rises Again, Rattling the Markets

Crude oil closed at $143.57 a barrel, another record, sending shudders through financial markets already worried about the prospect of a global economic slowdown. Read more..

By CLIFFORD KRAUSS - The New York Times

Scruggs’s Son Sentenced in Bribery Case

Zach Scruggs, son of the Mississippi lawyer Richard F. Scruggs, was sentenced to 14 months in prison for his part in a scheme to bribe a judge. Read more..

By BLOOMBERG NEWS - The New York Times

Shooting Is Done; Editing Is Next

How do I create a slide show on a DVD that combines stills and brief movies from a digital camera? Read more..

By J. D. BIERSDORFER - The New York Times

Worried About Things That Go Bump in the Night? Then Keep Your Eyes Open

EyeClops Night Vision goggles use infrared L.E.D.’s that shine a wide beam of infrared light up to 50 feet away. Read more..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE26,7527,0926,5026,9138.7M
JPMorgan ChaseJPM35,1236,0934,4935,3133M
Cisco SystemsCSCO23,1023,3522,8523,1230.4M
Wells Fargo & Co.WFC23,9024,4223,3623,9228.3M
UnitedHealth GroupUNH24,5024,9922,7222,9622.8M
AT&T Inc.T32,9532,9932,1332,5822.4M
Oracle Corp.ORCL20,9421,1920,6920,7321.6M
Abbott LaboratoriesABT54,9555,1754,2854,7516.9M
HP Inc.HPQ43,6043,7942,6643,4413.6M
Wal-Mart StoresWMT56,8657,5756,0356,6011.8M
Procter & GamblePG62,7063,8962,6963,6711.6M
Home DepotHD22,6722,9622,3522,5411.3M
Verizon CommunicationsVZ35,6736,1035,5135,7511.3M
Johnson & JohnsonJNJ64,3565,3664,2565,127.71M
Walt Disney & Co.DIS30,9231,2030,7430,906.95M
Bristol-Myers SquibbBMY20,7020,9320,5820,786.41M
International Business MachinesIBM119,95120,78117,89119,546.12M
United TechnologiesUTX60,0861,0959,9961,055.4M
Gilead SciencesGILD51,7552,2051,0451,094.34M
Union PacificUNP70,6671,8269,6170,853.45M
Berkshire HathawayBRK.B3940,003947,003801,503895,0037.5K
Exchange Rates of July 3rd, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 106,770 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,018 CAD1 CAD = 0,982 USD
US DollarSwiss Franc1 USD = 1,027 CHF1 CHF = 0,974 USD
US DollarChinese Yuan1 USD = 6,851 CNY1 CNY = 0,146 USD
EuroJapanese Yen1 EUR = 167,600 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,792 GBP1 GBP = 1,263 EUR
EuroAustralian Dollar1 EUR = 1,635 AUD1 AUD = 0,612 EUR
EuroCanadian Dollar1 EUR = 1,598 CAD1 CAD = 0,626 EUR
EuroSwiss Franc1 EUR = 1,612 CHF1 CHF = 0,621 EUR
Japanese YenPound Sterling1 JPY = 0,472 GBP1 GBP = 2,119 JPY
Japanese YenAustralian Dollar1 JPY = 0,975 AUD1 AUD = 1,026 JPY
Japanese YenCanadian Dollar1 JPY = 0,953 CAD1 CAD = 1,049 JPY
Japanese YenSwiss Franc1 JPY = 0,961 CHF1 CHF = 1,040 JPY
Pound SterlingAustralian Dollar1 GBP = 2,066 AUD1 AUD = 0,484 GBP
Pound SterlingCanadian Dollar1 GBP = 2,019 CAD1 CAD = 0,495 GBP
Pound SterlingSwiss Franc1 GBP = 2,035 CHF1 CHF = 0,491 GBP
Australian DollarCanadian Dollar1 AUD = 0,977 CAD1 CAD = 1,024 AUD
Australian DollarSwiss Franc1 AUD = 0,985 CHF1 CHF = 1,015 AUD
Canadian DollarSwiss Franc1 CAD = 1,008 CHF1 CHF = 0,992 CAD

See what else happened on July 3rd, 2008