Financial news on April 5th, 2007

Business and Financial news
Cemex Bid for Rinker Advances

Cemex, the third-largest cement producer in the world, received clearance from United States antitrust regulators for its $11.7 billion hostile offer for the Rinker Group of Australia. The Justice Department said Cemex, based in Monterrey, Mexico,... Read more..

By BLOOMBERG NEWS - The New York Times

Google’s Chief Gets $1 in Pay; His Security Costs $532,755

Eric E. Schmidt received a salary of $1 but his personal security cost shareholders $532,755, representing the bulk of his compensation. Read more..

By MIGUEL HELFT - The New York Times

IPhone Killer (or Perhaps a Worthy Rival)

Helio’s phone, the Ocean, offers downloadable content and handles e-mail, instant messaging and Global Positioning System services. Read more..

By JOHN BIGGS - The New York Times

Online Experiment for Print Magazine

The magazine, The Week, will publish the extra issue online to expand their digital presence in response to changing habits of both readers and advertisers. Read more..

By STUART ELLIOTT - The New York Times

Thailand Bans YouTube

A censorship official said the military government is blocking access because of “a video insulting to our king.” Read more..

By THOMAS FULLER - The New York Times

United Airlines Awards Creative Account to Start-Up Agency

United Airlines today dismissed Fallon Worldwide in Minneapolis, which created campaigns for the airline since 1996. Read more..

By STUART ELLIOTT - The New York Times

Women Entrepreneurs Take on Rugged Alaska

For women entrepreneurs, starting and sustaining a business in Alaska can pose special challenges. Read more..

By WELD ROYAL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO26.0226.1725.9026.0629.4M
General ElectricGE35.0035.1934.9435.0226.6M
Oracle Corp.ORCL18.5018.6718.3918.6721.9M
HP Inc.HPQ40.9841.8840.8241.8014.9M
AT&T Inc.T38.9039.3538.7039.2714.7M
Home DepotHD37.9438.1137.7938.0210.7M
Abbott LaboratoriesABT56.3757.1156.3057.0210.6M
Johnson & JohnsonJNJ61.3461.9061.2361.559.69M
Wal-Mart StoresWMT47.8948.4547.8648.279.52M
UnitedHealth GroupUNH54.8255.9054.7255.339.04M
Wells Fargo & Co.WFC34.2034.4834.1934.448.94M
Verizon CommunicationsVZ37.5038.0237.4138.008.92M
JPMorgan ChaseJPM48.3548.8948.3448.777.99M
Walt Disney & Co.DIS34.6235.0134.5534.917.69M
Procter & GamblePG62.8163.1862.8163.006.45M
Bristol-Myers SquibbBMY27.7427.9027.6227.824.42M
United TechnologiesUTX64.7765.0364.6064.934.15M
International Business MachinesIBM95.9896.7595.7596.523.31M
Gilead SciencesGILD77.5378.5177.5378.322.61M
Union PacificUNP101.05103.40101.05103.201.84M
Berkshire HathawayBRK.B3630.003638.003620.003626.006K
Exchange Rates of April 5th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118.720 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.151 CAD1 CAD = 0.869 USD
US DollarSwiss Franc1 USD = 1.215 CHF1 CHF = 0.823 USD
US DollarChinese Yuan1 USD = 7.727 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 159.420 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.681 GBP1 GBP = 1.468 EUR
EuroAustralian Dollar1 EUR = 1.637 AUD1 AUD = 0.611 EUR
EuroCanadian Dollar1 EUR = 1.545 CAD1 CAD = 0.647 EUR
EuroSwiss Franc1 EUR = 1.632 CHF1 CHF = 0.613 EUR
Japanese YenPound Sterling1 JPY = 0.427 GBP1 GBP = 2.341 JPY
Japanese YenAustralian Dollar1 JPY = 1.026 AUD1 AUD = 0.974 JPY
Japanese YenCanadian Dollar1 JPY = 0.969 CAD1 CAD = 1.032 JPY
Japanese YenSwiss Franc1 JPY = 1.023 CHF1 CHF = 0.977 JPY
Pound SterlingAustralian Dollar1 GBP = 2.403 AUD1 AUD = 0.416 GBP
Pound SterlingCanadian Dollar1 GBP = 2.268 CAD1 CAD = 0.441 GBP
Pound SterlingSwiss Franc1 GBP = 2.394 CHF1 CHF = 0.418 GBP
Australian DollarCanadian Dollar1 AUD = 0.943 CAD1 CAD = 1.060 AUD
Australian DollarSwiss Franc1 AUD = 0.996 CHF1 CHF = 1.004 AUD
Canadian DollarSwiss Franc1 CAD = 1.055 CHF1 CHF = 0.948 CAD

See what else happened on April 5th, 2007