Financial news on July 7th, 2008
Business and Financial news
Accounts
Noteworthy developments in ad agency accounts and campaigns. Read more..
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..
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..
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..
People and Accounts of Note
Webdenda. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 27.10 | 27.47 | 26.84 | 27.10 | 77.5M |
| Microsoft | MSFT | 26.10 | 26.39 | 25.45 | 26.03 | 71.5M |
| Cisco Systems | CSCO | 23.20 | 23.39 | 22.36 | 22.57 | 70.6M |
| Wells Fargo & Co. | WFC | 24.20 | 24.50 | 22.50 | 23.52 | 58.1M |
| JPMorgan Chase | JPM | 35.50 | 35.95 | 33.56 | 34.04 | 48.9M |
| Pfizer | PFE | 17.80 | 17.89 | 17.26 | 17.39 | 47.8M |
| Intel | INTC | 20.78 | 21.26 | 20.29 | 20.71 | 47.3M |
| Oracle Corp. | ORCL | 20.78 | 21.33 | 20.61 | 21.09 | 34.6M |
| Merck | MRK | 37.59 | 37.99 | 36.21 | 36.60 | 33.2M |
| ExxonMobil | XOM | 87.86 | 88.88 | 86.38 | 86.95 | 29.6M |
| Apple | AAPL | 173.00 | 177.13 | 171.90 | 175.16 | 29.3M |
| AT&T Inc. | T | 32.69 | 33.20 | 32.14 | 32.68 | 26M |
| Comcast | CMCSA | 18.29 | 18.66 | 18.11 | 18.46 | 25.2M |
| Wal-Mart Stores | WMT | 56.75 | 57.87 | 56.20 | 56.91 | 22.2M |
| Walt Disney & Co. | DIS | 30.00 | 30.62 | 29.74 | 30.08 | 22M |
| Home Depot | HD | 22.65 | 23.19 | 22.02 | 22.32 | 20.8M |
| ConocoPhillips | COP | 91.11 | 92.84 | 89.20 | 90.36 | 20.1M |
| Visa | V | 78.50 | 79.94 | 74.00 | 75.62 | 20M |
| Procter & Gamble | PG | 63.81 | 63.81 | 62.60 | 62.91 | 18.7M |
| UnitedHealth Group | UNH | 22.71 | 23.67 | 22.68 | 23.31 | 17.3M |
| Verizon Communications | VZ | 35.94 | 36.33 | 34.86 | 35.43 | 17.2M |
| Altria | MO | 20.16 | 20.70 | 20.03 | 20.52 | 15.5M |
| Chevron | CVX | 98.11 | 99.35 | 95.80 | 96.82 | 15.3M |
| HP Inc. | HPQ | 43.61 | 44.95 | 43.39 | 44.00 | 14.9M |
| Johnson & Johnson | JNJ | 65.10 | 65.94 | 64.87 | 65.25 | 14.5M |
| Abbott Laboratories | ABT | 54.87 | 55.00 | 53.71 | 54.19 | 13.9M |
| Amgen | AMGN | 50.60 | 51.27 | 49.92 | 50.27 | 13.7M |
| Bristol-Myers Squibb | BMY | 20.83 | 20.96 | 20.29 | 20.60 | 13.1M |
| Coca-Cola | KO | 51.67 | 51.78 | 51.00 | 51.29 | 11.7M |
| Schlumberger | SLB | 100.96 | 101.99 | 98.25 | 99.51 | 9.73M |
| Gilead Sciences | GILD | 51.05 | 52.36 | 51.02 | 51.67 | 9.61M |
| International Business Machines | IBM | 119.62 | 122.64 | 119.62 | 121.50 | 9.13M |
| Alphabet | GOOGL | 542.33 | 549.00 | 535.60 | 543.91 | 8.5M |
| McDonald's | MCD | 57.42 | 58.01 | 56.64 | 57.36 | 8.01M |
| Pepsico | PEP | 66.72 | 67.00 | 66.09 | 66.62 | 7.87M |
| Amazon | AMZN | 72.37 | 74.40 | 70.76 | 72.49 | 7.36M |
| United Technologies | UTX | 61.19 | 62.06 | 60.22 | 60.58 | 7.27M |
| Boeing | BA | 64.66 | 65.69 | 63.57 | 64.29 | 6.18M |
| Union Pacific | UNP | 71.29 | 72.81 | 69.29 | 70.32 | 5.42M |
| 3M | MMM | 69.89 | 70.88 | 69.28 | 69.85 | 4.91M |
| Berkshire Hathaway | BRK.B | 3936.00 | 3990.00 | 3850.00 | 3941.00 | 36.7K |
Exchange Rates of July 7th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 107.130 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.017 CAD | 1 CAD = 0.983 USD |
| US Dollar | Swiss Franc | 1 USD = 1.026 CHF | 1 CHF = 0.974 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.867 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 168.430 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.796 GBP | 1 GBP = 1.257 EUR |
| Euro | Australian Dollar | 1 EUR = 1.644 AUD | 1 AUD = 0.608 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.599 CAD | 1 CAD = 0.625 EUR |
| Euro | Swiss Franc | 1 EUR = 1.614 CHF | 1 CHF = 0.620 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.472 GBP | 1 GBP = 2.118 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.976 AUD | 1 AUD = 1.025 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.949 CAD | 1 CAD = 1.054 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.958 CHF | 1 CHF = 1.044 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.067 AUD | 1 AUD = 0.484 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.009 CAD | 1 CAD = 0.498 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.027 CHF | 1 CHF = 0.493 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.972 CAD | 1 CAD = 1.029 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.981 CHF | 1 CHF = 1.020 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.009 CHF | 1 CHF = 0.991 CAD |
See what else happened on July 7th, 2008