Financial news on February 07, 2007

Business and Financial news
Allied Records Are Subpoenaed in ‘Pretexting’ Case

Prosecutors want to know whether the business development company obtained the phone records of a critic through impersonation. Read more..

By JULIE CRESWELL - The New York Times

Amazon and TiVo in Venture to Put Downloaded Videos on TV

The companies will allow TiVo owners who shop on Amazon’s digital download store to send films and TV shows to their broadband-connected TiVo machines. Read more..

By BRAD STONE - The New York Times

Apple’s Chief Calls for End to Music Copy Protection

Steven P. Jobs says that dropping digital anti-piracy protection would benefit record labels and customers. Read more..

By MICHAEL J. de la MERCED - The New York Times

Canada: Finance Executive to Leave Nortel

The chief financial officer of Nortel Networks, Peter Currie, who rejoined the company in 2005 to help it recover from accounting problems, will step down on April 30. Nortel, the maker of phone equipment, said it had begun seeking a successor. Mr... Read more..

By BLOOMBERG NEWS - The New York Times

Court Approves Class-Action Suit Against Wal-Mart

The ruling was a big setback to Wal-Mart’s efforts to block the nation’s largest sex discrimination lawsuit. Read more..

By STEVEN GREENHOUSE - The New York Times

Hollywood Takes Its Concerns About Piracy and Taxes to Washington

The heads of the major movie studios visited Congress to press their agenda of fighting piracy, obtaining new tax advantages and reining in movie and television production from going abroad. Read more..

By DAVID M. HALBFINGER - The New York Times

Jobs Calls for End to Music Copy Protection

Apple’s chief said record companies should allow songs to be sold online without anticopying software, in part because the technology does not stop piracy. Read more..

By JOHN MARKOFF - The New York Times

To Sell Trucks, Toyota Shuns the Subtle

Toyota’s ads for its new full-size Tundra pickup emphasize horsepower and don’t mention the auto maker’s famous fuel economy or hybrid technology. Read more..

By NICK BUNKLEY - The New York Times

U.S. Military Contractors Seek Deals at Bangalore Air Show

As India and the United States gradually relax policies on military collaboration between the two countries, American companies hope to compete for contracts worth billions of dollars. Read more..

By SARITHA RAI - The New York Times

Wal-Mart and a Union Unite, at Least on Health Policy

Two fierce rivals will stand together in Washington and agree on a series of goals for achieving universal health coverage, according to people briefed on the matter. Read more..

By MICHAEL BARBARO and ROBERT PEAR - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 28.62 28.85 28.08 28.09 128M
Microsoft MSFT 29.64 29.70 29.25 29.37 65.1M
Intel INTC 21.38 21.67 21.24 21.51 57.6M
Oracle Corp. ORCL 17.11 17.12 16.85 16.91 45.2M
Apple AAPL 84.48 86.38 83.55 86.15 38.1M
AT&T Inc. T 37.44 37.61 36.88 37.16 34.8M
Pfizer PFE 26.54 26.68 26.31 26.52 26.9M
General Electric GE 36.32 36.35 36.06 36.10 21.4M
ExxonMobil XOM 75.40 75.88 74.53 74.79 18.1M
ConocoPhillips COP 66.81 66.94 65.77 66.23 13.1M
Walt Disney & Co. DIS 35.35 35.59 35.20 35.48 12.2M
Amazon AMZN 38.49 39.52 38.40 38.98 10.5M
Bristol-Myers Squibb BMY 28.70 29.00 28.63 28.86 10.3M
Comcast CMCSA 42.47 43.00 42.18 42.55 10.2M
Wal-Mart Stores WMT 48.38 48.75 48.28 48.58 10.1M
HP Inc. HPQ 42.00 42.69 42.00 42.30 9.81M
Chevron CVX 73.70 74.09 72.54 72.64 9.57M
Wells Fargo & Co. WFC 35.91 36.04 35.76 35.88 9.41M
Merck MRK 44.88 44.89 43.97 44.26 8.65M
Verizon Communications VZ 38.08 38.39 37.95 38.09 8.5M
Home Depot HD 41.20 41.46 41.02 41.36 8.35M
Alphabet GOOGL 473.82 474.35 468.78 470.01 8.23M
Amgen AMGN 69.30 70.25 69.30 70.00 7.88M
Gilead Sciences GILD 71.12 73.25 70.93 72.24 7.83M
Johnson & Johnson JNJ 66.00 66.10 65.65 65.80 7.8M
International Business Machines IBM 99.80 100.36 99.12 99.54 7.7M
JPMorgan Chase JPM 50.84 51.22 50.80 51.21 7.54M
Abbott Laboratories ABT 52.50 52.63 52.17 52.45 7.34M
Altria MO 86.20 86.38 85.70 85.98 7.12M
Procter & Gamble PG 64.82 64.95 64.35 64.48 6.75M
Schlumberger SLB 65.05 65.79 63.90 64.45 6.59M
UnitedHealth Group UNH 51.39 51.39 50.99 51.25 5.17M
Coca-Cola KO 48.03 48.13 47.86 48.03 4.62M
Pepsico PEP 64.40 64.70 64.22 64.50 4.32M
3M MMM 74.30 74.99 74.28 74.65 4.05M
McDonald's MCD 44.75 44.88 44.46 44.72 3.36M
United Technologies UTX 68.41 68.75 68.08 68.51 2.88M
Boeing BA 90.59 91.20 89.70 90.35 2.81M
Union Pacific UNP 100.35 102.19 99.93 100.15 2.05M
Berkshire Hathaway BRK.B 3618.00 3633.00 3614.00 3624.00 14.7K
Exchange Rates of February 07, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120.680 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.184 CAD 1 CAD = 0.844 USD
US Dollar Swiss Franc 1 USD = 1.241 CHF 1 CHF = 0.806 USD
US Dollar Chinese Yuan 1 USD = 7.748 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 157.030 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.660 GBP 1 GBP = 1.515 EUR
Euro Australian Dollar 1 EUR = 1.671 AUD 1 AUD = 0.599 EUR
Euro Canadian Dollar 1 EUR = 1.541 CAD 1 CAD = 0.649 EUR
Euro Swiss Franc 1 EUR = 1.615 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.420 GBP 1 GBP = 2.380 JPY
Japanese Yen Australian Dollar 1 JPY = 1.063 AUD 1 AUD = 0.940 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.981 CAD 1 CAD = 1.019 JPY
Japanese Yen Swiss Franc 1 JPY = 1.028 CHF 1 CHF = 0.972 JPY
Pound Sterling Australian Dollar 1 GBP = 2.531 AUD 1 AUD = 0.395 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.334 CAD 1 CAD = 0.428 GBP
Pound Sterling Swiss Franc 1 GBP = 2.446 CHF 1 CHF = 0.409 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.922 CAD 1 CAD = 1.085 AUD
Australian Dollar Swiss Franc 1 AUD = 0.966 CHF 1 CHF = 1.035 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.048 CHF 1 CHF = 0.954 CAD

See what else happened on February 07, 2007