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

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT36,5936,6635,8736,41101M
Cisco SystemsCSCO33,4734,2433,4134,0891.1M
IntelINTC26,9627,5226,9627,4969.3M
General ElectricGE40,2040,4939,9740,1842.1M
PfizerPFE23,6923,9923,6523,9334.6M
Oracle Corp.ORCL22,5322,8922,3422,8334.1M
AppleAAPL187,05192,00185,27191,7934.1M
Wells Fargo & Co.WFC32,0033,0031,9532,9531.8M
JPMorgan ChaseJPM42,6944,3442,6944,1128.8M
ExxonMobilXOM87,7690,5087,7690,3825.5M
ComcastCMCSA20,4820,7720,4020,6925.1M
AT&T Inc.T40,0140,1539,4940,0420.8M
AlphabetGOOGL737,56741,79725,00741,7916.9M
Home DepotHD29,5030,1229,5030,0615.8M
HP Inc.HPQ52,5853,4852,5153,4113.7M
ConocoPhillipsCOP83,9985,2983,9985,1413.3M
Wal-Mart StoresWMT44,0144,4043,8144,2912.6M
Verizon CommunicationsVZ43,8243,9643,1843,7412.5M
Bristol-Myers SquibbBMY29,1129,4928,8729,2311.8M
ChevronCVX88,6990,7088,6990,649.88M
MerckMRK55,9856,2755,6855,999.36M
SchlumbergerSLB98,2398,9897,6898,158.9M
Procter & GamblePG70,4070,6470,0770,478.73M
AmazonAMZN84,6087,5084,3787,277.93M
Johnson & JohnsonJNJ64,4964,8964,1564,617.82M
Coca-ColaKO60,3961,0960,2561,017.64M
McDonald'sMCD59,7159,9259,3959,747.52M
Abbott LaboratoriesABT54,0654,5053,9454,347.35M
International Business MachinesIBM113,49113,95111,67113,177.3M
AmgenAMGN56,9857,9056,9857,897.08M
Gilead SciencesGILD47,1547,2646,3547,116.63M
Walt Disney & Co.DIS33,8634,1833,6234,086.59M
AltriaMO72,0073,0072,0072,946.57M
PepsicoPEP72,8273,8972,7673,494.81M
UnitedHealth GroupUNH49,1549,6548,9049,594.75M
BoeingBA98,0098,4396,9497,704.09M
United TechnologiesUTX76,1776,7575,6176,623.53M
3MMMM85,1285,6984,2085,453.33M
Union PacificUNP126,20127,07125,84126,872.41M
Berkshire HathawayBRK.B4439,004485,004437,004473,5046.8K
Exchange Rates of November 06, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114,710 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 0,920 CAD1 CAD = 1,087 USD
US DollarSwiss Franc1 USD = 1,144 CHF1 CHF = 0,874 USD
US DollarChinese Yuan1 USD = 7,454 CNY1 CNY = 0,134 USD
EuroJapanese Yen1 EUR = 166,990 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,697 GBP1 GBP = 1,434 EUR
EuroAustralian Dollar1 EUR = 1,567 AUD1 AUD = 0,638 EUR
EuroCanadian Dollar1 EUR = 1,340 CAD1 CAD = 0,747 EUR
EuroSwiss Franc1 EUR = 1,666 CHF1 CHF = 0,600 EUR
Japanese YenPound Sterling1 JPY = 0,417 GBP1 GBP = 2,396 JPY
Japanese YenAustralian Dollar1 JPY = 0,938 AUD1 AUD = 1,066 JPY
Japanese YenCanadian Dollar1 JPY = 0,802 CAD1 CAD = 1,247 JPY
Japanese YenSwiss Franc1 JPY = 0,998 CHF1 CHF = 1,003 JPY
Pound SterlingAustralian Dollar1 GBP = 2,247 AUD1 AUD = 0,445 GBP
Pound SterlingCanadian Dollar1 GBP = 1,921 CAD1 CAD = 0,520 GBP
Pound SterlingSwiss Franc1 GBP = 2,389 CHF1 CHF = 0,419 GBP
Australian DollarCanadian Dollar1 AUD = 0,854 CAD1 CAD = 1,171 AUD
Australian DollarSwiss Franc1 AUD = 1,063 CHF1 CHF = 0,941 AUD
Canadian DollarSwiss Franc1 CAD = 1,243 CHF1 CHF = 0,804 CAD

See what else happened on November 06, 2007