Financial news on November 6th, 2007
Business and Financial news
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..
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..
The deal comes as the company is attempting to stage a corporate turnaround and reclaim ground lost to more nimble competitors. Read more..
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..
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..
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..
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..
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..
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..
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..
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 6th, 2007
| Currencies | Exchange 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 6th, 2007