Financial news on November 06, 2007

Business and Financial news
A Map of the Oil World

In 2006, Saudi Arabia was by far the largest producer of oil, followed by Russia and United States. On average, the United States consumed 20.6 million barrels per day, which made it the largest oil consumer in the world. Read more..

Vu Nguyen / The New York Times - The New York Times

Competitively Priced Electricity Costs More, Studies Show

Retail electricity prices rose more in states adopting competitive pricing than in states where government set rates, raising questions about who benefits from competition. Read more..

By DAVID CAY JOHNSTON - The New York Times

Dell to Acquire Storage Company for $1.4 Billion

The deal comes as the company is attempting to stage a corporate turnaround and reclaim ground lost to more nimble competitors. Read more..

By LAURIE J. FLYNN - The New York Times

Facebook to Turn Users Into Endorsers

Facebook now will give advertisers the ability to create their own profile pages on its system that will let users identify themselves as fans of a product. Read more..

By SAUL HANSELL - The New York Times

Google Enters the Wireless World

Google said Monday that it is leading a broad industry effort to develop new software technologies aimed at turning cellphones into powerful mobile computers. Read more..

By MIGUEL HELFT and JOHN MARKOFF - The New York Times

IAC/InterActive to Split Into 5 Companies

The move is aimed at bolstering Barry Diller’s company’s lagging share price and simplify its convoluted corporate structure, among other things. Read more..

By GERALDINE FABRIKANT - The New York Times

PetroChina Shares Triple in Debut

Super-heated markets in China drove the value of the state oil and gas company above $1 trillion, giving it the highest market capitalization in corporate history. Read more..

By DONALD GREENLEES - The New York Times

Shares of Alibaba.com Climb on First Day of Trading

The Chinese web company’s public offering is expected to raise nearly $2 billion in Hong Kong, making its debut offering as large as Google’s 2004 I.P.O. in the United States. Read more..

By DAVID BARBOZA - The New York Times

Sun Reports Modest Profit, but Revenue Disappoints Investors

The company continued to benefit from its corporate restructuring and improved gross margins, but investors were hoping for a bigger start to the fiscal year. Read more..

By LAURIE J. FLYNN - The New York Times

Tools for the Chronically Obnoxious

Got some one really obnoxious on your gift list? They might not be content with just a cellphone jammer. Here are a few ideas. Read more..

By DAMON DARLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 36.59 36.66 35.87 36.41 101M
Cisco Systems CSCO 33.47 34.24 33.41 34.08 91.1M
Intel INTC 26.96 27.52 26.96 27.49 69.3M
General Electric GE 40.20 40.49 39.97 40.18 42.1M
Pfizer PFE 23.69 23.99 23.65 23.93 34.6M
Oracle Corp. ORCL 22.53 22.89 22.34 22.83 34.1M
Apple AAPL 187.05 192.00 185.27 191.79 34.1M
Wells Fargo & Co. WFC 32.00 33.00 31.95 32.95 31.8M
JPMorgan Chase JPM 42.69 44.34 42.69 44.11 28.8M
ExxonMobil XOM 87.76 90.50 87.76 90.38 25.5M
Comcast CMCSA 20.48 20.77 20.40 20.69 25.1M
AT&T Inc. T 40.01 40.15 39.49 40.04 20.8M
Alphabet GOOGL 737.56 741.79 725.00 741.79 16.9M
Home Depot HD 29.50 30.12 29.50 30.06 15.8M
HP Inc. HPQ 52.58 53.48 52.51 53.41 13.7M
ConocoPhillips COP 83.99 85.29 83.99 85.14 13.3M
Wal-Mart Stores WMT 44.01 44.40 43.81 44.29 12.6M
Verizon Communications VZ 43.82 43.96 43.18 43.74 12.5M
Bristol-Myers Squibb BMY 29.11 29.49 28.87 29.23 11.8M
Chevron CVX 88.69 90.70 88.69 90.64 9.88M
Merck MRK 55.98 56.27 55.68 55.99 9.36M
Schlumberger SLB 98.23 98.98 97.68 98.15 8.9M
Procter & Gamble PG 70.40 70.64 70.07 70.47 8.73M
Amazon AMZN 84.60 87.50 84.37 87.27 7.93M
Johnson & Johnson JNJ 64.49 64.89 64.15 64.61 7.82M
Coca-Cola KO 60.39 61.09 60.25 61.01 7.64M
McDonald's MCD 59.71 59.92 59.39 59.74 7.52M
Abbott Laboratories ABT 54.06 54.50 53.94 54.34 7.35M
International Business Machines IBM 113.49 113.95 111.67 113.17 7.3M
Amgen AMGN 56.98 57.90 56.98 57.89 7.08M
Gilead Sciences GILD 47.15 47.26 46.35 47.11 6.63M
Walt Disney & Co. DIS 33.86 34.18 33.62 34.08 6.59M
Altria MO 72.00 73.00 72.00 72.94 6.57M
Pepsico PEP 72.82 73.89 72.76 73.49 4.81M
UnitedHealth Group UNH 49.15 49.65 48.90 49.59 4.75M
Boeing BA 98.00 98.43 96.94 97.70 4.09M
United Technologies UTX 76.17 76.75 75.61 76.62 3.53M
3M MMM 85.12 85.69 84.20 85.45 3.33M
Union Pacific UNP 126.20 127.07 125.84 126.87 2.41M
Berkshire Hathaway BRK.B 4439.00 4485.00 4437.00 4473.50 46.8K
Exchange Rates of November 06, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 114.710 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.920 CAD 1 CAD = 1.087 USD
US Dollar Swiss Franc 1 USD = 1.144 CHF 1 CHF = 0.874 USD
US Dollar Chinese Yuan 1 USD = 7.454 CNY 1 CNY = 0.134 USD
Euro Japanese Yen 1 EUR = 166.990 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.697 GBP 1 GBP = 1.434 EUR
Euro Australian Dollar 1 EUR = 1.567 AUD 1 AUD = 0.638 EUR
Euro Canadian Dollar 1 EUR = 1.340 CAD 1 CAD = 0.747 EUR
Euro Swiss Franc 1 EUR = 1.666 CHF 1 CHF = 0.600 EUR
Japanese Yen Pound Sterling 1 JPY = 0.417 GBP 1 GBP = 2.396 JPY
Japanese Yen Australian Dollar 1 JPY = 0.938 AUD 1 AUD = 1.066 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.802 CAD 1 CAD = 1.247 JPY
Japanese Yen Swiss Franc 1 JPY = 0.998 CHF 1 CHF = 1.003 JPY
Pound Sterling Australian Dollar 1 GBP = 2.247 AUD 1 AUD = 0.445 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.921 CAD 1 CAD = 0.520 GBP
Pound Sterling Swiss Franc 1 GBP = 2.389 CHF 1 CHF = 0.419 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.854 CAD 1 CAD = 1.171 AUD
Australian Dollar Swiss Franc 1 AUD = 1.063 CHF 1 CHF = 0.941 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.243 CHF 1 CHF = 0.804 CAD

See what else happened on November 06, 2007