Financial news on February 05, 2007

Business and Financial news
A Distinctly Modern Demise for the World’s Oldest Newspaper

After more than 360 years, Sweden’s Post och Inrikes Tidningar, or PoIT, is going online only. Read more..

By KATHARINE Q. SEELYE - The New York Times

A Long-Delayed Ad System Has Yahoo Crossing Its Fingers

Project Panama is Yahoo’s effort to close the wide gap with Google in the race for search advertising dollars. Read more..

By MIGUEL HELFT - The New York Times

Author, Facing Court Date, Must Limit His Book Tour

Conrad M. Black is scheduled to be in court this spring facing charges of criminal fraud and money laundering while also promoting his new biography on Richard M. Nixon. Read more..

By CHRISTOPHER MASON - The New York Times

For Newsweek Subscribers, a Question: Smoking or Nonsmoking?

Newsweek says it will provide tobacco ad-free copies of its magazine to any individual subscribers who request them. Read more..

By MARIA ASPAN - The New York Times

High Prices Help Sell All-in-One Products

In an experiment, the proportion of subjects choosing an all-in-one product shot up by more than a third when it was priced at a premium. Read more..

By ALEX MINDLIN - The New York Times

Looking Ahead

A VERY BIG DEAL On Wednesday, shareholders of Equity Office Properties Trust will vote on a takeover offer by Blackstone, which is in a bidding war with Vornado Realty Trust. Whatever deal emerges will most likely be the largest private equity buy... Read more..

By THE NEW YORK TIMES - The New York Times

Mayor Takes His Message to London

Mayor Michael R. Bloomberg took his message that New York City is losing its edge as a global financial center to London. Read more..

By SEWELL CHAN - The New York Times

Super Bowl Ads of Cartoonish Violence, Perhaps Reflecting Toll of War

The war in Iraq seemed to linger just below the surface of many of this year’s Super Bowl commercials. Read more..

By STUART ELLIOTT - The New York Times

The Director Lines Up a Shot

A year after DreamWorks was sold to Paramount, Steven Spielberg is fighting to retain control of his company’s independence. Read more..

By LAURA M. HOLSON - The New York Times

Three Agencies Compete for Sprint Nextel Account

Sprint Nextel has named three agencies — for now — to compete for its creative account in a review that began in early January. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.97 30.02 29.41 29.61 99.1M
Intel INTC 21.22 21.41 21.17 21.28 63.4M
Cisco Systems CSCO 27.42 27.67 27.23 27.51 61.1M
Pfizer PFE 26.73 27.00 26.66 26.88 38.5M
Oracle Corp. ORCL 17.35 17.43 17.08 17.16 28.5M
General Electric GE 36.27 36.48 36.20 36.37 26.2M
AT&T Inc. T 38.10 38.10 37.65 37.79 26M
Apple AAPL 84.30 85.23 83.94 83.94 20.7M
ExxonMobil XOM 75.67 75.88 75.06 75.67 18.2M
Wells Fargo & Co. WFC 35.79 35.85 35.66 35.69 15.5M
Alphabet GOOGL 477.50 478.00 466.19 467.16 14.4M
Merck MRK 44.61 44.70 44.25 44.58 11.2M
Comcast CMCSA 42.98 43.02 42.47 42.63 10.6M
HP Inc. HPQ 42.05 43.00 42.01 42.81 10M
Amgen AMGN 69.44 70.21 69.05 69.84 9.18M
Verizon Communications VZ 38.02 38.13 37.81 38.09 9.06M
Home Depot HD 40.67 41.23 40.54 41.03 9.02M
Walt Disney & Co. DIS 35.40 35.49 35.15 35.26 9M
Wal-Mart Stores WMT 48.50 48.90 48.42 48.52 8.68M
ConocoPhillips COP 67.20 67.77 66.88 67.04 8.59M
Bristol-Myers Squibb BMY 28.53 28.79 28.43 28.73 8.44M
Chevron CVX 74.05 74.29 73.46 73.78 8.43M
International Business Machines IBM 99.17 100.44 98.90 100.38 8.18M
JPMorgan Chase JPM 50.81 51.15 50.54 50.96 8.08M
Johnson & Johnson JNJ 66.38 66.60 66.10 66.30 7.53M
Abbott Laboratories ABT 52.40 52.65 52.18 52.50 6.99M
Altria MO 86.42 86.99 86.36 86.88 6.64M
UnitedHealth Group UNH 51.95 52.83 51.86 52.33 6.47M
Procter & Gamble PG 65.12 65.42 64.93 65.15 6.37M
3M MMM 74.08 74.27 73.70 73.93 6.35M
Amazon AMZN 37.25 37.42 36.77 37.16 6.11M
Schlumberger SLB 65.50 65.71 64.76 65.12 6.07M
Gilead Sciences GILD 70.65 70.84 69.95 70.02 4.71M
Coca-Cola KO 48.11 48.24 47.84 47.90 4.6M
Pepsico PEP 64.88 65.00 64.44 64.83 3.65M
United Technologies UTX 67.99 68.64 67.41 67.77 3.53M
McDonald's MCD 44.46 44.71 44.30 44.53 3.52M
Boeing BA 90.60 91.42 90.31 90.72 3.03M
Union Pacific UNP 102.00 103.04 101.76 102.44 1.62M
Berkshire Hathaway BRK.B 3641.00 3641.00 3605.00 3624.50 11.6K
Exchange Rates of February 05, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120.320 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.183 CAD 1 CAD = 0.846 USD
US Dollar Swiss Franc 1 USD = 1.249 CHF 1 CHF = 0.801 USD
US Dollar Chinese Yuan 1 USD = 7.759 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 155.560 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.659 GBP 1 GBP = 1.517 EUR
Euro Australian Dollar 1 EUR = 1.666 AUD 1 AUD = 0.600 EUR
Euro Canadian Dollar 1 EUR = 1.529 CAD 1 CAD = 0.654 EUR
Euro Swiss Franc 1 EUR = 1.614 CHF 1 CHF = 0.620 EUR
Japanese Yen Pound Sterling 1 JPY = 0.424 GBP 1 GBP = 2.361 JPY
Japanese Yen Australian Dollar 1 JPY = 1.071 AUD 1 AUD = 0.934 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.982 CAD 1 CAD = 1.018 JPY
Japanese Yen Swiss Franc 1 JPY = 1.038 CHF 1 CHF = 0.964 JPY
Pound Sterling Australian Dollar 1 GBP = 2.528 AUD 1 AUD = 0.396 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.318 CAD 1 CAD = 0.431 GBP
Pound Sterling Swiss Franc 1 GBP = 2.447 CHF 1 CHF = 0.409 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.917 CAD 1 CAD = 1.091 AUD
Australian Dollar Swiss Franc 1 AUD = 0.968 CHF 1 CHF = 1.033 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.056 CHF 1 CHF = 0.947 CAD

See what else happened on February 05, 2007