Financial news on February 06, 2008
Business and Financial news
Frank Gehry’s problematic Santa Monica, Calif., shopping mall won’t be razed, but it’s losing its roof. Read more..
The battle over Rio Tinto intensified after BHP Billiton increased its takeover offer to about $147 billion after a Chinese rival bought a stake last week. Read more..
The British oil giant said it would cut an additional 5,000 jobs by the middle of next year in an effort to slim management and make the company more efficient. Read more..
The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending this year. Read more..
In brief remarks to photographers, Jérôme Kerviel said that while he took responsibility for booking billions of euros in fictitious trades, he was “singled out” by Société Générale. Read more..
The German truck maker MAN said its profit increased by 33 percent in the fourth quarter, powered by strong demand for its commercial vehicles, and forecast that earnings would continue to rise this year. MAN, which is based in Munich, said it ear... Read more..
The Monsanto Company said Japan, the Philippines and Taiwan had approved imports of its first new genetically modified soybeans in more than a decade. The seeds, Roundup Ready 2 Yield, increase yields by 7 percent to 11 percent compared with the f... Read more..
A former Dow Jones & Company director and three associates will pay more than $24 million to settle charges that they traded illegally on inside knowledge of the News Corporation’s takeover of Dow Jones. Read more..
Industrial production in Spain posted the biggest contraction in more than five years in December as slower European growth curbed demand for Spanish goods. Production at factories, farms and mines fell 2.4 percent from a year earlier after adjust... Read more..
Ukraine joined the World Trade Organization on Tuesday after 14 years of negotiations, a milestone for the former Soviet republic. Read more..
Values are reported in US Dollars
|Walt Disney & Co.||DIS||31.90||32.18||31.10||31.50||31.2M|
|Wells Fargo & Co.||WFC||30.79||30.99||29.75||30.08||30.6M|
|Procter & Gamble||PG||65.35||65.46||64.81||65.31||13.8M|
|Johnson & Johnson||JNJ||63.20||63.37||62.78||63.05||9.56M|
|International Business Machines||IBM||105.05||106.49||103.58||103.59||8.27M|
Exchange Rates of February 06, 2008
|US Dollar||Japanese Yen||1 USD = 106.590 JPY||1 JPY = 0.009 USD|
|US Dollar||Canadian Dollar||1 USD = 1.006 CAD||1 CAD = 0.994 USD|
|US Dollar||Swiss Franc||1 USD = 1.098 CHF||1 CHF = 0.910 USD|
|US Dollar||Chinese Yuan||1 USD = 7.188 CNY||1 CNY = 0.139 USD|
|Euro||Japanese Yen||1 EUR = 155.900 JPY||1 JPY = 0.006 EUR|
|Euro||Pound Sterling||1 EUR = 0.746 GBP||1 GBP = 1.341 EUR|
|Euro||Australian Dollar||1 EUR = 1.630 AUD||1 AUD = 0.613 EUR|
|Euro||Canadian Dollar||1 EUR = 1.472 CAD||1 CAD = 0.680 EUR|
|Euro||Swiss Franc||1 EUR = 1.607 CHF||1 CHF = 0.622 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.477 GBP||1 GBP = 2.095 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.037 AUD||1 AUD = 0.964 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 0.934 CAD||1 CAD = 1.071 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.022 CHF||1 CHF = 0.978 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2.186 AUD||1 AUD = 0.458 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.973 CAD||1 CAD = 0.507 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.154 CHF||1 CHF = 0.464 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.902 CAD||1 CAD = 1.108 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.985 CHF||1 CHF = 1.015 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 1.095 CHF||1 CHF = 0.914 CAD|