Financial news on January 04, 2007

Business and Financial news
A Guitar That Plugs Into a Computer via U.S.B.? Oh, It Makes Me Wonder

Hammacher Schlemmer offers a six-string electric instrument that comes with a U.S.B. port to connect it directly to a PC or Mac. Read more..

By J. D. BIERSDORFER - The New York Times

Auto Sales at Big 3 Fall Further

G.M., Ford and Chrysler ended 2006 with a new low in their collective market share — just 51.5 percent for December. Read more..

By MICHELINE MAYNARD and JEREMY W. PETERS - The New York Times

A Warning Shot by Investors to Boards and Chiefs

The departure of Home Depot’s chief was a victory for shareholders hoping to force corporate directors to be more accountable for executive pay. Read more..

By GRETCHEN MORGENSON - The New York Times

Bermuda: New Insurer to Focus on Coasts

The Bear Stearns Companies, Greenhill & Company and three other firms have invested $1 billion to create Ironshore Insurance, an insurer that will be based in Bermuda and will specialize in disaster-prone commercial properties along the Southeast ... Read more..

By BLOOMBERG NEWS - The New York Times

China: Sabmiller Expands Venture

SABMiller said its China venture would buy a local partner for $320 million to expand in the world’s biggest beer market. China Resources Snow Breweries, 49 percent owned by SABMiller, agreed to buy the shares it does not already own in the Blue S... Read more..

By BLOOMBERG NEWS - The New York Times

Exxon Accused of Trying to Mislead Public

A scientists’ organization accused Exxon of spending millions to manipulate public opinion on the seriousness of global warming. Read more..

By CLIFFORD KRAUSS - The New York Times

Helping Make the Shift From Combat to Commerce

The Veterans Transition Franchise Initiative offers veterans a discount on financing prospective franchises as a way of thanking them for serving the country. Read more..

By GLENN RIFKIN - The New York Times

Judge Drops KPMG Charge in Tax Case

A federal judge dismissed a criminal charge accusing KPMG of conspiring to sell illegal tax shelters. Read more..

By BLOOMBERG NEWS - The New York Times

Switzerland: Nestlé Sells Composting Unit

Nestlé, the food company, agreed to sell a soil-composting unit in the United States to the Garick Corporation for an undisclosed price. Garick, which is based in Cleveland, said it would add the unit, New Milford Farms, to its reusable waste busi... Read more..

By BLOOMBERG NEWS - The New York Times

The Product E-Mails Pile Up

Spam pales in quantity compared to the number of e-mails you receive when you’re on the press list for the Consumer Electronics Show. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC20.6321.3320.5621.1788.9M
Cisco SystemsCSCO27.6828.4927.5428.4673M
MicrosoftMSFT29.7029.9729.4429.8145.8M
AT&T Inc.T34.9535.2434.0734.5044.3M
ConocoPhillipsCOP67.1067.4865.1366.0735.8M
Oracle Corp.ORCL17.5517.8717.3017.6833.6M
PfizerPFE26.4326.5726.2926.3832.2M
General ElectricGE37.9738.0037.4537.7531.3M
ExxonMobilXOM73.8573.9072.2172.7231M
AppleAAPL84.0585.9583.8285.6630.3M
Home DepotHD41.0041.1840.3840.5722.3M
Abbott LaboratoriesABT49.0650.2448.9749.9021.2M
Verizon CommunicationsVZ38.0238.0937.6838.0319.2M
Wal-Mart StoresWMT47.7547.9947.3247.7817.1M
AmgenAMGN69.4871.8768.9771.3316M
AlphabetGOOGL469.00483.95468.35483.2615.8M
Bristol-Myers SquibbBMY26.9027.0326.2826.6914.8M
SchlumbergerSLB60.5960.6859.2559.3013.9M
ComcastCMCSA42.7043.1342.6043.0512.7M
MerckMRK43.6545.4543.6245.1112.5M
AltriaMO87.4987.8786.7587.6512.4M
HP Inc.HPQ41.4041.8241.2541.6811.9M
Johnson & JohnsonJNJ66.1067.6265.9067.2311.3M
Wells Fargo & Co.WFC35.7436.0235.5435.8011.1M
ChevronCVX70.5570.9569.6070.2810.8M
International Business MachinesIBM96.9598.7996.8898.3110.5M
Walt Disney & Co.DIS34.2034.5534.1734.479.81M
McDonald'sMCD43.7543.8642.8743.549.78M
JPMorgan ChaseJPM47.8848.5547.7548.199.47M
Procter & GamblePG64.3464.5063.7564.058.71M
AmazonAMZN38.5939.1438.2638.906.32M
Coca-ColaKO48.4248.7048.2548.605.91M
PepsicoPEP62.7563.2562.5063.155.41M
UnitedHealth GroupUNH52.5053.0052.0552.915.15M
United TechnologiesUTX62.6063.0062.4562.874.93M
Gilead SciencesGILD63.1264.6362.4764.194.67M
3MMMM78.4078.4177.4577.952.97M
BoeingBA88.3489.8387.0189.532.72M
Union PacificUNP92.3892.5791.5091.801.5M
Berkshire HathawayBRK.B3643.003647.003603.003610.0021.4K
Exchange Rates of January 04, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.040 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.178 CAD1 CAD = 0.849 USD
US DollarSwiss Franc1 USD = 1.233 CHF1 CHF = 0.811 USD
US DollarChinese Yuan1 USD = 7.806 CNY1 CNY = 0.128 USD
EuroJapanese Yen1 EUR = 155.750 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.673 GBP1 GBP = 1.485 EUR
EuroAustralian Dollar1 EUR = 1.668 AUD1 AUD = 0.600 EUR
EuroCanadian Dollar1 EUR = 1.540 CAD1 CAD = 0.649 EUR
EuroSwiss Franc1 EUR = 1.613 CHF1 CHF = 0.620 EUR
Japanese YenPound Sterling1 JPY = 0.432 GBP1 GBP = 2.315 JPY
Japanese YenAustralian Dollar1 JPY = 1.070 AUD1 AUD = 0.934 JPY
Japanese YenCanadian Dollar1 JPY = 0.989 CAD1 CAD = 1.011 JPY
Japanese YenSwiss Franc1 JPY = 1.036 CHF1 CHF = 0.966 JPY
Pound SterlingAustralian Dollar1 GBP = 2.478 AUD1 AUD = 0.404 GBP
Pound SterlingCanadian Dollar1 GBP = 2.288 CAD1 CAD = 0.437 GBP
Pound SterlingSwiss Franc1 GBP = 2.395 CHF1 CHF = 0.418 GBP
Australian DollarCanadian Dollar1 AUD = 0.923 CAD1 CAD = 1.084 AUD
Australian DollarSwiss Franc1 AUD = 0.966 CHF1 CHF = 1.035 AUD
Canadian DollarSwiss Franc1 CAD = 1.047 CHF1 CHF = 0.955 CAD

See what else happened on January 04, 2007