Financial news on January 04, 2008
Business and Financial news
As Expected, Ford Falls From 2nd Place in U.S. Sales
Toyota beat Ford in 2007 in U.S. auto sales, putting it behind General Motors. Ford had held the No. 2 spot since 1931, according to the company’s historian. Read more..
Merck Makes Deal to Develop Schizophrenia Drug
Merck agreed to pay a Swiss company, Addex Pharmaceuticals, as much as $702 million to help develop a new schizophrenia drug. Read more..
Tata Pulls Ford Units Into Its Orbit
The Indian company said it was entering detailed talks with Ford about the takeover of Jaguar and Land Rover. Read more..
United Arab Emirates: Link to U.S. Dollar Kept
The United Arab Emirates will keep a 30-year link between its currency, the dirham, and the United States dollar, after completing a review of its currency regime. Read more..
Weak Job Growth Numbers Prompt Stock Selloff
Job growth shrank significantly in December, the government reported on Friday, setting off renewed fears of a recession. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 23,46 | 23,60 | 22,35 | 22,67 | 174M |
| Microsoft | MSFT | 35,19 | 35,20 | 34,09 | 34,38 | 72.1M |
| Cisco Systems | CSCO | 26,37 | 26,93 | 26,01 | 26,12 | 56.9M |
| Apple | AAPL | 191,45 | 193,00 | 178,89 | 180,05 | 52M |
| Wells Fargo & Co. | WFC | 28,24 | 28,32 | 26,99 | 27,49 | 50.8M |
| Oracle Corp. | ORCL | 22,77 | 22,88 | 21,79 | 22,03 | 44.7M |
| Pfizer | PFE | 23,18 | 23,20 | 22,74 | 22,83 | 42M |
| General Electric | GE | 36,53 | 36,67 | 35,98 | 36,04 | 40.7M |
| JPMorgan Chase | JPM | 41,41 | 41,80 | 40,63 | 40,93 | 25.9M |
| ExxonMobil | XOM | 93,50 | 94,36 | 91,88 | 92,08 | 24.7M |
| HP Inc. | HPQ | 49,00 | 49,19 | 46,56 | 46,87 | 24.7M |
| Comcast | CMCSA | 17,59 | 17,68 | 16,80 | 16,84 | 23M |
| AT&T Inc. | T | 41,16 | 41,77 | 40,84 | 40,89 | 20.7M |
| Wal-Mart Stores | WMT | 45,91 | 46,37 | 45,37 | 45,72 | 20.4M |
| Home Depot | HD | 25,56 | 25,67 | 24,76 | 24,96 | 19.8M |
| Bristol-Myers Squibb | BMY | 25,89 | 26,07 | 25,69 | 25,75 | 17.2M |
| ConocoPhillips | COP | 87,47 | 87,81 | 85,40 | 85,56 | 14.6M |
| Chevron | CVX | 94,05 | 95,21 | 93,20 | 93,35 | 13.1M |
| Johnson & Johnson | JNJ | 65,72 | 66,40 | 65,72 | 65,84 | 12.7M |
| Abbott Laboratories | ABT | 55,11 | 56,59 | 55,00 | 55,79 | 12.3M |
| Verizon Communications | VZ | 42,97 | 43,63 | 42,51 | 42,60 | 11.9M |
| Altria | MO | 75,26 | 75,95 | 74,81 | 74,90 | 11.1M |
| International Business Machines | IBM | 103,95 | 103,95 | 100,48 | 101,13 | 11M |
| Alphabet | GOOGL | 679,69 | 680,96 | 655,00 | 657,00 | 10.7M |
| Amgen | AMGN | 46,29 | 46,29 | 44,60 | 44,80 | 10.3M |
| Amazon | AMZN | 93,26 | 93,40 | 88,50 | 88,79 | 10.3M |
| Procter & Gamble | PG | 72,17 | 72,99 | 71,70 | 72,02 | 10M |
| Merck | MRK | 56,85 | 57,45 | 56,75 | 56,85 | 9.99M |
| Schlumberger | SLB | 101,31 | 101,35 | 97,48 | 98,00 | 9.89M |
| McDonald's | MCD | 57,32 | 57,47 | 56,43 | 57,05 | 9.69M |
| Walt Disney & Co. | DIS | 31,00 | 31,68 | 31,00 | 31,13 | 9.55M |
| Coca-Cola | KO | 61,68 | 62,71 | 61,67 | 61,85 | 9.01M |
| Gilead Sciences | GILD | 46,94 | 47,35 | 45,85 | 45,90 | 7.71M |
| UnitedHealth Group | UNH | 56,56 | 56,93 | 55,94 | 56,00 | 7.25M |
| United Technologies | UTX | 75,69 | 76,19 | 74,90 | 75,02 | 5.54M |
| Pepsico | PEP | 75,39 | 76,40 | 75,29 | 75,55 | 5.49M |
| Boeing | BA | 86,83 | 87,16 | 85,69 | 85,82 | 5.39M |
| 3M | MMM | 82,40 | 82,66 | 81,55 | 81,76 | 3.62M |
| Union Pacific | UNP | 122,89 | 122,92 | 119,66 | 120,04 | 2.78M |
| Berkshire Hathaway | BRK.B | 4642,00 | 4642,00 | 4488,00 | 4550,00 | 28.3K |
Exchange Rates of January 04, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 108,450 JPY | 1 JPY = 0,009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1,001 CAD | 1 CAD = 0,999 USD |
| US Dollar | Swiss Franc | 1 USD = 1,105 CHF | 1 CHF = 0,905 USD |
| US Dollar | Chinese Yuan | 1 USD = 7,305 CNY | 1 CNY = 0,137 USD |
| Euro | Japanese Yen | 1 EUR = 160,110 JPY | 1 JPY = 0,006 EUR |
| Euro | Pound Sterling | 1 EUR = 0,747 GBP | 1 GBP = 1,339 EUR |
| Euro | Australian Dollar | 1 EUR = 1,690 AUD | 1 AUD = 0,592 EUR |
| Euro | Canadian Dollar | 1 EUR = 1,478 CAD | 1 CAD = 0,676 EUR |
| Euro | Swiss Franc | 1 EUR = 1,634 CHF | 1 CHF = 0,612 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0,466 GBP | 1 GBP = 2,145 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1,055 AUD | 1 AUD = 0,948 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0,923 CAD | 1 CAD = 1,083 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1,020 CHF | 1 CHF = 0,980 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2,263 AUD | 1 AUD = 0,442 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1,980 CAD | 1 CAD = 0,505 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2,188 CHF | 1 CHF = 0,457 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0,874 CAD | 1 CAD = 1,144 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0,966 CHF | 1 CHF = 1,035 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1,105 CHF | 1 CHF = 0,905 CAD |
See what else happened on January 04, 2008