Financial news on July 07, 2011
Business and Financial news
A Wave of Chinese Money Gives a Lift to Companies Struggling in Tough Times
Chinese investment in American companies amounted to $5 billion in 2010 and is expected to rise; for some smaller companies, it has been a lifeline. Read more..
Boating Apps Help Sailors Get There and Back Again
The software can show the tides and weather, offers charts and helps with the accounting of boat ownership. Read more..
F.D.I.C. Rule Puts at Risk 2 Years of Executives’ Pay
The F.D.I.C. rule enables federal regulators to recoup money paid to Wall Street executives if they are responsible for the collapse of a financial firm. Read more..
Morning Take-Out
Highlights from the DealBook newsletter. Read more..
Options Abound to Protect the iPad
The iPad 2’s popular Smart Cover protects only the front. If you want to cover the back too, there are many offerings to choose from. Read more..
U.S. Backs Project to Produce Fuel From Corn Waste
A $105 million loan guarantee will help expand an ethanol factory in Emmetsburg, Iowa, that could become the first commercial-scale plant of its kind. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Pfizer | PFE | 20.64 | 20.74 | 20.17 | 20.23 | 92.8M |
| Cisco Systems | CSCO | 15.64 | 15.99 | 15.61 | 15.90 | 70.2M |
| Intel | INTC | 22.89 | 23.39 | 22.86 | 23.23 | 53.1M |
| Microsoft | MSFT | 26.49 | 26.88 | 26.36 | 26.77 | 51.9M |
| General Electric | GE | 19.23 | 19.45 | 19.14 | 19.30 | 45M |
| Oracle Corp. | ORCL | 33.47 | 34.13 | 33.40 | 34.09 | 29.9M |
| Wells Fargo & Co. | WFC | 28.69 | 28.94 | 28.58 | 28.66 | 28.9M |
| JPMorgan Chase | JPM | 41.19 | 41.79 | 41.10 | 41.32 | 28.6M |
| AT&T Inc. | T | 31.25 | 31.31 | 31.07 | 31.23 | 22M |
| ExxonMobil | XOM | 82.27 | 82.60 | 81.87 | 82.36 | 18.4M |
| Comcast | CMCSA | 25.68 | 25.82 | 25.54 | 25.58 | 17M |
| HP Inc. | HPQ | 36.47 | 36.59 | 36.33 | 36.45 | 16M |
| Verizon Communications | VZ | 37.70 | 37.70 | 37.18 | 37.42 | 15.4M |
| Apple | AAPL | 354.67 | 358.00 | 354.00 | 357.20 | 14.3M |
| General Motors | GM | 31.79 | 32.08 | 31.65 | 31.80 | 13.3M |
| Wal-Mart Stores | WMT | 54.57 | 54.81 | 54.19 | 54.49 | 12.8M |
| Merck | MRK | 35.76 | 35.95 | 35.45 | 35.73 | 12.2M |
| Visa | V | 88.20 | 90.83 | 88.00 | 90.15 | 12.1M |
| Bristol-Myers Squibb | BMY | 29.37 | 29.41 | 29.15 | 29.37 | 11.5M |
| Abbott Laboratories | ABT | 53.49 | 53.60 | 53.24 | 53.54 | 10.3M |
| Walt Disney & Co. | DIS | 39.85 | 40.06 | 39.73 | 39.74 | 10.2M |
| Home Depot | HD | 36.82 | 37.25 | 36.75 | 37.05 | 9.85M |
| Altria | MO | 26.99 | 27.09 | 26.86 | 27.00 | 9.24M |
| Procter & Gamble | PG | 64.98 | 65.14 | 64.72 | 64.95 | 8.97M |
| Johnson & Johnson | JNJ | 67.82 | 68.05 | 67.40 | 67.92 | 8.42M |
| Schlumberger | SLB | 89.99 | 90.89 | 89.30 | 90.40 | 8.34M |
| ConocoPhillips | COP | 76.84 | 77.00 | 76.26 | 76.75 | 7.97M |
| Chevron | CVX | 106.08 | 106.92 | 105.80 | 106.59 | 7.88M |
| Alphabet | GOOGL | 541.00 | 550.68 | 535.88 | 546.60 | 7.86M |
| UnitedHealth Group | UNH | 53.28 | 53.50 | 51.97 | 52.63 | 7.56M |
| United Technologies | UTX | 91.01 | 91.83 | 90.76 | 91.39 | 6.31M |
| Coca-Cola | KO | 68.82 | 68.89 | 68.58 | 68.75 | 6.21M |
| Amgen | AMGN | 58.08 | 58.30 | 57.54 | 57.91 | 6.12M |
| McDonald's | MCD | 86.00 | 86.29 | 85.66 | 86.06 | 6.07M |
| International Business Machines | IBM | 176.78 | 177.27 | 176.12 | 176.48 | 5.91M |
| Pepsico | PEP | 70.49 | 70.75 | 70.25 | 70.52 | 5.7M |
| Gilead Sciences | GILD | 42.47 | 42.70 | 42.34 | 42.69 | 5.39M |
| Boeing | BA | 75.33 | 76.20 | 74.85 | 75.99 | 4.98M |
| Berkshire Hathaway | BRK.B | 77.13 | 77.96 | 76.86 | 77.77 | 4.17M |
| 3M | MMM | 97.73 | 98.19 | 97.17 | 97.97 | 3.31M |
| Amazon | AMZN | 215.09 | 217.80 | 215.09 | 216.74 | 3.14M |
| Union Pacific | UNP | 107.72 | 107.89 | 105.67 | 106.25 | 3M |
Exchange Rates of July 07, 2011
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 81.220 JPY | 1 JPY = 0.012 USD |
| US Dollar | Canadian Dollar | 1 USD = 0.959 CAD | 1 CAD = 1.043 USD |
| US Dollar | Swiss Franc | 1 USD = 0.845 CHF | 1 CHF = 1.184 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.467 CNY | 1 CNY = 0.155 USD |
| Euro | Japanese Yen | 1 EUR = 116.610 JPY | 1 JPY = 0.009 EUR |
| Euro | Pound Sterling | 1 EUR = 0.899 GBP | 1 GBP = 1.112 EUR |
| Euro | Australian Dollar | 1 EUR = 1.333 AUD | 1 AUD = 0.750 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.377 CAD | 1 CAD = 0.726 EUR |
| Euro | Swiss Franc | 1 EUR = 1.213 CHF | 1 CHF = 0.824 EUR |
| Euro | Chinese Yuan | 1 EUR = 9.284 CNY | 1 CNY = 0.108 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.771 GBP | 1 GBP = 1.298 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.142 AUD | 1 AUD = 0.876 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.180 CAD | 1 CAD = 0.847 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.040 CHF | 1 CHF = 0.962 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 1.482 AUD | 1 AUD = 0.675 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.531 CAD | 1 CAD = 0.653 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.349 CHF | 1 CHF = 0.741 GBP |
| Pound Sterling | Chinese Yuan | 1 GBP = 10.322 CNY | 1 CNY = 0.097 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 1.033 CAD | 1 CAD = 0.968 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.910 CHF | 1 CHF = 1.099 AUD |
| Australian Dollar | Chinese Yuan | 1 AUD = 6.966 CNY | 1 CNY = 0.144 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.881 CHF | 1 CHF = 1.135 CAD |
| Canadian Dollar | Chinese Yuan | 1 CAD = 6.743 CNY | 1 CNY = 0.148 CAD |
| Swiss Franc | Chinese Yuan | 1 CHF = 7.652 CNY | 1 CNY = 0.131 CHF |
See what else happened on July 07, 2011