Financial news on July 7th, 2008

Business and Financial news

Noteworthy developments in ad agency accounts and campaigns. Read more..

By THE NEW YORK TIMES - The New York Times

Blackjack Makes a Move From the Web to Television

With the premiere of “Catch 21,” a TV version of a popular online blackjack game, winners on the Internet get a chance to say “hit me” on the living room screen. Read more..

By BRIAN STELTER - The New York Times

Drilling Down: Phones’ Texting Feature Often Unused

In the United States, 82 percent of cellphone owners said that they never used text messaging, while 15 percent said that they used it every week or even more. Read more..

By ALEX MINDLIN - The New York Times

Ex-Prosecutor’s Book Accuses Bush of Murder

Vincent Bugliosi has written three No. 1 best sellers, but his latest entry on the best-seller list — a polemic with a provocative title — has largely been ignored by the press. Read more..

By TIM ARANGO - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE27.1027.4726.8427.1077.5M
Cisco SystemsCSCO23.2023.3922.3622.5770.6M
Wells Fargo & Co.WFC24.2024.5022.5023.5258.1M
JPMorgan ChaseJPM35.5035.9533.5634.0448.9M
Oracle Corp.ORCL20.7821.3320.6121.0934.6M
AT&T Inc.T32.6933.2032.1432.6826M
Wal-Mart StoresWMT56.7557.8756.2056.9122.2M
Walt Disney & Co.DIS30.0030.6229.7430.0822M
Home DepotHD22.6523.1922.0222.3220.8M
Procter & GamblePG63.8163.8162.6062.9118.7M
UnitedHealth GroupUNH22.7123.6722.6823.3117.3M
Verizon CommunicationsVZ35.9436.3334.8635.4317.2M
HP Inc.HPQ43.6144.9543.3944.0014.9M
Johnson & JohnsonJNJ65.1065.9464.8765.2514.5M
Abbott LaboratoriesABT54.8755.0053.7154.1913.9M
Bristol-Myers SquibbBMY20.8320.9620.2920.6013.1M
Gilead SciencesGILD51.0552.3651.0251.679.61M
International Business MachinesIBM119.62122.64119.62121.509.13M
United TechnologiesUTX61.1962.0660.2260.587.27M
Union PacificUNP71.2972.8169.2970.325.42M
Berkshire HathawayBRK.B3936.003990.003850.003941.0036.7K
Exchange Rates of July 7th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107.130 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.017 CAD1 CAD = 0.983 USD
US DollarSwiss Franc1 USD = 1.026 CHF1 CHF = 0.974 USD
US DollarChinese Yuan1 USD = 6.867 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 168.430 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.796 GBP1 GBP = 1.257 EUR
EuroAustralian Dollar1 EUR = 1.644 AUD1 AUD = 0.608 EUR
EuroCanadian Dollar1 EUR = 1.599 CAD1 CAD = 0.625 EUR
EuroSwiss Franc1 EUR = 1.614 CHF1 CHF = 0.620 EUR
Japanese YenPound Sterling1 JPY = 0.472 GBP1 GBP = 2.118 JPY
Japanese YenAustralian Dollar1 JPY = 0.976 AUD1 AUD = 1.025 JPY
Japanese YenCanadian Dollar1 JPY = 0.949 CAD1 CAD = 1.054 JPY
Japanese YenSwiss Franc1 JPY = 0.958 CHF1 CHF = 1.044 JPY
Pound SterlingAustralian Dollar1 GBP = 2.067 AUD1 AUD = 0.484 GBP
Pound SterlingCanadian Dollar1 GBP = 2.009 CAD1 CAD = 0.498 GBP
Pound SterlingSwiss Franc1 GBP = 2.027 CHF1 CHF = 0.493 GBP
Australian DollarCanadian Dollar1 AUD = 0.972 CAD1 CAD = 1.029 AUD
Australian DollarSwiss Franc1 AUD = 0.981 CHF1 CHF = 1.020 AUD
Canadian DollarSwiss Franc1 CAD = 1.009 CHF1 CHF = 0.991 CAD

See what else happened on July 7th, 2008