Financial news on November 07, 2007

Business and Financial news
A Model for Health Care That Pays for Quality

Seeing low fees for family doctors as a weak link in the nation’s health care system, some big employers and health insurers are seeking new ways to pay doctors to reward high-quality medical care. Read more..

By MILT FREUDENHEIM - The New York Times

Bonuses Likely to Shrink for Many on Wall Street

Wall Street bonuses are expected to be flat to down 15 percent, making them the latest victim of the subprime mortgage collapse and the tight credit market. Read more..

By JENNY ANDERSON - The New York Times

Facebook Everywhere

Once the company gets the bugs out of its system for social ads on its own site, Facebook will likely create a network to use its data to display advertising on other sites. Read more..

By SAUL HANSELL - The New York Times

Facebook’s Next Privacy Problem

Facebook’s plan to put pictures of your friends on ads will make you notice them more. But your friends may object to being used to shill products, and Facebook isn’t giving them a choice. Read more..

By SAUL HANSELL - The New York Times

High-Priced Oil Adds Volatility to Power Scramble

The prospect of triple-digit oil prices has redrawn the economic and political map of the world. Read more..

By MARK LANDLER - The New York Times

People and Accounts of Note

By THE NEW YORK TIMES. Read more..

By THE NEW YORK TIMES - The New York Times

Test to Guide Heart Treatment Inconclusive

A diagnostic test intended to identify patients who should receive heart defibrillators did not produce conclusive data, according to initial results from a clinical trial. Read more..

By BARNABY J. FEDER - The New York Times

Toy With Date-Rape Drug Recalled

A bead toy that just won an Australian Toy of the Year award was recalled by its manufacturer on Tuesday after media reports that a chemical in it turns into a powerful date-rape drug, GHB, when eaten. Read more..

By KEITH BRADSHER - The New York Times

Warning on Impact of China and India Oil Demand

Citing soaring demand for oil imports by China and India, the International Energy Agency urged oil producing countries to replenish inventories in light of record prices. Read more..

By JAD MOUAWAD and JULIA WERDIGIER - The New York Times

Within the Fed, Resistance to Further Rate Cuts

In an blunt interview, the head of the Federal Reserve Bank of Philadelphia said he would not back more rate cuts unless the economy slowed further than current estimates. Read more..

By EDMUND L. ANDREWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 34.04 34.09 32.54 32.75 138M
Microsoft MSFT 36.04 36.16 35.45 35.52 74.9M
Intel INTC 27.13 27.54 26.87 26.90 71.5M
Wells Fargo & Co. WFC 32.69 33.02 30.75 30.76 49.9M
General Electric GE 39.90 39.93 38.99 39.08 46.7M
Pfizer PFE 23.63 23.83 23.29 23.32 39M
Oracle Corp. ORCL 22.50 22.69 22.07 22.10 38.1M
Apple AAPL 190.61 192.68 186.13 186.30 35.5M
Comcast CMCSA 20.46 20.66 20.05 20.09 32.6M
JPMorgan Chase JPM 42.93 43.81 42.15 42.24 29M
ExxonMobil XOM 89.78 90.10 87.16 87.20 27.4M
AT&T Inc. T 39.40 39.71 38.60 38.66 26.9M
Wal-Mart Stores WMT 44.00 44.59 43.82 43.93 17.6M
Alphabet GOOGL 741.13 747.24 723.14 732.94 16.5M
Home Depot HD 29.70 29.92 29.30 29.34 16.5M
ConocoPhillips COP 84.61 85.49 82.35 82.41 15.7M
HP Inc. HPQ 52.86 53.40 51.75 51.84 14.4M
Merck MRK 55.19 55.93 54.13 54.20 13.4M
Chevron CVX 90.91 90.92 87.31 87.54 12.8M
Procter & Gamble PG 70.98 70.98 69.23 69.42 11.9M
Abbott Laboratories ABT 53.62 54.78 53.62 53.75 11.4M
Verizon Communications VZ 43.67 43.85 43.05 43.10 10.9M
Johnson & Johnson JNJ 64.10 64.53 63.73 63.91 10.8M
UnitedHealth Group UNH 49.75 50.54 49.51 49.85 10.5M
Bristol-Myers Squibb BMY 28.82 29.35 28.67 28.73 10M
Schlumberger SLB 98.24 98.76 94.74 94.76 9.91M
Amgen AMGN 57.22 57.85 56.15 56.20 9.82M
McDonald's MCD 59.57 59.86 58.25 58.38 9.7M
Altria MO 72.58 72.92 71.84 71.98 9.23M
Amazon AMZN 86.41 89.16 86.16 87.04 8.4M
Gilead Sciences GILD 46.51 46.66 44.54 44.62 7.82M
Walt Disney & Co. DIS 33.53 34.03 33.31 33.50 7.56M
Coca-Cola KO 60.90 61.00 59.93 59.96 7.24M
International Business Machines IBM 113.56 113.64 110.90 111.08 7.09M
Boeing BA 97.00 97.99 96.11 96.89 5.73M
United Technologies UTX 76.11 76.47 74.37 74.46 4.95M
Pepsico PEP 73.32 73.32 72.19 72.34 4.91M
3M MMM 85.30 85.30 83.27 83.27 4.48M
Union Pacific UNP 124.95 126.24 123.33 124.57 2.49M
Berkshire Hathaway BRK.B 4496.00 4510.50 4467.00 4503.00 21.3K
Exchange Rates of November 07, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 112.610 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.930 CAD 1 CAD = 1.075 USD
US Dollar Swiss Franc 1 USD = 1.133 CHF 1 CHF = 0.882 USD
US Dollar Chinese Yuan 1 USD = 7.443 CNY 1 CNY = 0.134 USD
Euro Japanese Yen 1 EUR = 164.810 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.696 GBP 1 GBP = 1.436 EUR
Euro Australian Dollar 1 EUR = 1.576 AUD 1 AUD = 0.634 EUR
Euro Canadian Dollar 1 EUR = 1.361 CAD 1 CAD = 0.735 EUR
Euro Swiss Franc 1 EUR = 1.659 CHF 1 CHF = 0.603 EUR
Japanese Yen Pound Sterling 1 JPY = 0.422 GBP 1 GBP = 2.369 JPY
Japanese Yen Australian Dollar 1 JPY = 0.956 AUD 1 AUD = 1.046 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.826 CAD 1 CAD = 1.211 JPY
Japanese Yen Swiss Franc 1 JPY = 1.006 CHF 1 CHF = 0.994 JPY
Pound Sterling Australian Dollar 1 GBP = 2.264 AUD 1 AUD = 0.442 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.955 CAD 1 CAD = 0.511 GBP
Pound Sterling Swiss Franc 1 GBP = 2.382 CHF 1 CHF = 0.420 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.863 CAD 1 CAD = 1.159 AUD
Australian Dollar Swiss Franc 1 AUD = 1.052 CHF 1 CHF = 0.951 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.218 CHF 1 CHF = 0.821 CAD

See what else happened on November 07, 2007