Financial news on December 6th, 2007

Business and Financial news
A Highly Visible Reminder of Your Houseplant’s Needs

The Thirsty Light’s corrosion-resistant brass probe sits in the soil, and the tip reads the moisture level once a second. Read more..

By MARTY KATZ - The New York Times

A Movie and Protesters Single Out Henry Kravis

The reaction against the wealth created by private equity funds has become part of a populist movement. Read more..

By ANDREW ROSS SORKIN - The New York Times

Apologetic, Facebook Changes Ad Program

Mark Zuckerberg, founder and chief executive of the social networking site Facebook, apologized to the site’s users about the way it introduced a controversial new advertising feature last month. Read more..

By LOUISE STORY - The New York Times

A Watch Lets an Athlete Keep Track of a Workout and Control the Soundtrack

The iControl is a watch and receiver combination that connects to almost any iPod and the iPhone. Read more..

By JOHN BIGGS - The New York Times

Coke Names an Insider as Its New Chief

Muhtar Kent, Coke’s president and chief operating officer, will take over as chief executive on July 1, the company said today. He will succeed E. Neville Isdell, who will remain chairman. Read more..

By ANDREW MARTIN - The New York Times

Entrepreneurial Journalism in the Facebook Age

A competition among journalism students for seed money shows that Web services like AdSense, Facebook and Ning may make it much easier to start a publication than ever before. Read more..

By SAUL HANSELL - The New York Times

OPEC Finds Price Range to Live With

After a one-day meeting in Abu Dhabi, OPEC cemented the impression that it wanted to keep oil prices at levels that would have been unthinkable a few years ago, leaving its output goal unchanged. Read more..

By JAD MOUAWAD - The New York Times

Post Office Drawback Cited in Dark Forecast for Netflix

A research note issued by Citigroup on Tuesday said 70 percent of Netflix’s return mailers must be sorted by hand. Read more..

By JOANNE L. KAUFMAN - The New York Times

Shares Rally on Surprisingly Strong Jobs Data

A promising employment report lifted stocks Wednesday, with the main indexes erasing two days of declines on renewed optimism about the outlook for the economy. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Tracing Business Acumen to Dyslexia

A study concluded that dyslexics were more likely than nondyslexics to excel in oral communication and problem solving and to own two or more businesses. Read more..

By BRENT BOWERS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO27,6527,9527,5027,7953.1M
General ElectricGE36,5537,2936,5437,2635.6M
Oracle Corp.ORCL21,1021,4520,9421,4229.5M
Wells Fargo & Co.WFC31,9133,4331,5332,5925.3M
AT&T Inc.T38,4138,8637,9038,8222.5M
Wal-Mart StoresWMT48,1649,4148,0049,2720.3M
JPMorgan ChaseJPM44,6246,2544,5346,2119.1M
Verizon CommunicationsVZ44,5044,5243,8044,4214.8M
Home DepotHD28,8429,6628,5829,4911.6M
Bristol-Myers SquibbBMY29,1729,2528,5629,0811.1M
HP Inc.HPQ51,5252,2451,1852,2110.4M
Abbott LaboratoriesABT58,1458,3057,5358,159.75M
Procter & GamblePG73,6974,2473,4974,188.47M
Walt Disney & Co.DIS32,7432,8932,2532,727.93M
Johnson & JohnsonJNJ68,1968,3767,7568,307.6M
Gilead SciencesGILD46,7247,8046,2547,617.09M
UnitedHealth GroupUNH54,2256,0054,1555,986.72M
International Business MachinesIBM108,00110,00107,93109,705.32M
United TechnologiesUTX76,8278,0476,2277,994.55M
Union PacificUNP129,25134,88128,96134,153.32M
Berkshire HathawayBRK.B4930,004985,004913,004951,0023.4K
Exchange Rates of December 6th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 111,280 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,008 CAD1 CAD = 0,992 USD
US DollarSwiss Franc1 USD = 1,130 CHF1 CHF = 0,885 USD
US DollarChinese Yuan1 USD = 7,414 CNY1 CNY = 0,135 USD
EuroJapanese Yen1 EUR = 162,900 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,722 GBP1 GBP = 1,386 EUR
EuroAustralian Dollar1 EUR = 1,665 AUD1 AUD = 0,601 EUR
EuroCanadian Dollar1 EUR = 1,476 CAD1 CAD = 0,678 EUR
EuroSwiss Franc1 EUR = 1,653 CHF1 CHF = 0,605 EUR
Japanese YenPound Sterling1 JPY = 0,443 GBP1 GBP = 2,258 JPY
Japanese YenAustralian Dollar1 JPY = 1,022 AUD1 AUD = 0,979 JPY
Japanese YenCanadian Dollar1 JPY = 0,905 CAD1 CAD = 1,104 JPY
Japanese YenSwiss Franc1 JPY = 1,015 CHF1 CHF = 0,985 JPY
Pound SterlingAustralian Dollar1 GBP = 2,307 AUD1 AUD = 0,433 GBP
Pound SterlingCanadian Dollar1 GBP = 2,045 CAD1 CAD = 0,489 GBP
Pound SterlingSwiss Franc1 GBP = 2,290 CHF1 CHF = 0,437 GBP
Australian DollarCanadian Dollar1 AUD = 0,886 CAD1 CAD = 1,129 AUD
Australian DollarSwiss Franc1 AUD = 0,992 CHF1 CHF = 1,008 AUD
Canadian DollarSwiss Franc1 CAD = 1,120 CHF1 CHF = 0,893 CAD

See what else happened on December 6th, 2007