Financial news on September 07, 2007

Business and Financial news
As Housing Market Cools, Far Fewer Become Agents

When the housing market was booming, many rushed in to the residential real estate business. Now a growing number of agents are looking for other employment. Read more..

By KATIE HAFNER - The New York Times

China: Banks Told to Raise Reserves

China ordered banks to put aside more money as reserves for the seventh time this year to cool lending and investment after inflation accelerated to a 10-year high. Read more..

By BLOOMBERG NEWS - The New York Times

Fluorescents Are So Over

The home will be the last major frontier in solid state lighting’s conquest of incandescent light. Read more..

By BARNABY J. FEDER - The New York Times

Germany: Manufacturing Orders Fall

German manufacturing orders dropped the most in at least 16 years in July after a decline in sales of ships, trains and airplanes. Read more..

By BLOOMBERG NEWS - The New York Times

IPhone Owners Crying Foul Over Price Cut

On Thursday, Apple C.E.O. Steven P. Jobs acknowledged that the company had abused its core customers’ trust and extended a $100 store credit to the early iPhone buyers. Read more..

By KATIE HAFNER and BRAD STONE - The New York Times

Retail Sales Rise, but Data May Mask Troubles

The back-to-school shopping season was not a disaster, but the respectable, if lackluster performance of retailers may have been driven by discounts that obscure troubles ahead. Read more..

By MICHAEL BARBARO - The New York Times

Some Short-Term Canadian Debt Paper Is Snagged in Credit Crisis

Holders of a once-arcane and now troubled form of short-term debt may now find it converted in to notes with maturity dates measured in years. Read more..

By IAN AUSTEN - The New York Times

So This Subprime Lender Walks Into an Audit...

Deloitte effectively revokes its audit of NovaStar and the subprime mortgage lender stands on shaky ground. Read more..

By FLOYD NORRIS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 25.68 25.74 25.26 25.47 65.7M
Cisco Systems CSCO 31.43 31.77 31.09 31.52 60.8M
Microsoft MSFT 28.62 28.83 28.32 28.44 52.2M
Apple AAPL 132.01 132.30 130.00 131.77 51.1M
General Electric GE 38.91 39.00 38.61 38.75 45M
Pfizer PFE 24.59 24.61 24.11 24.25 36.1M
Home Depot HD 34.81 34.89 34.12 34.21 30.3M
Oracle Corp. ORCL 20.22 20.40 19.97 20.16 29.2M
Wal-Mart Stores WMT 42.44 42.88 42.31 42.39 25.4M
ExxonMobil XOM 86.72 87.14 85.21 85.75 23.8M
AT&T Inc. T 39.42 39.49 38.64 38.73 22.5M
JPMorgan Chase JPM 43.27 43.99 43.20 43.52 21.5M
Comcast CMCSA 25.24 25.38 24.85 25.00 20.9M
Wells Fargo & Co. WFC 35.07 35.60 34.91 35.20 17M
HP Inc. HPQ 49.44 49.85 48.45 48.85 15.2M
Amgen AMGN 51.17 52.20 50.67 50.90 13.8M
Johnson & Johnson JNJ 61.51 62.03 61.26 61.68 13.6M
Coca-Cola KO 54.59 55.00 54.11 54.59 12M
Verizon Communications VZ 41.63 42.05 41.05 41.34 11.7M
Merck MRK 50.20 50.90 49.45 49.57 11.6M
Procter & Gamble PG 65.69 66.33 65.40 65.47 11.5M
ConocoPhillips COP 82.75 83.47 82.16 82.81 11.5M
Altria MO 67.84 68.45 67.25 67.39 11.2M
Abbott Laboratories ABT 52.14 52.68 51.49 51.86 10.6M
Bristol-Myers Squibb BMY 28.33 28.50 27.78 27.81 10.5M
Walt Disney & Co. DIS 33.93 34.16 33.47 33.59 9.91M
Chevron CVX 87.93 89.03 87.19 87.65 9.78M
Gilead Sciences GILD 37.15 38.83 37.11 37.66 8.37M
Amazon AMZN 84.70 84.97 83.21 84.52 8.23M
Schlumberger SLB 96.48 98.11 95.25 97.47 7.66M
International Business Machines IBM 116.20 116.97 115.33 115.55 7.51M
Alphabet GOOGL 517.86 521.24 516.80 519.35 7.32M
McDonald's MCD 49.50 49.58 49.00 49.24 5.82M
Boeing BA 95.20 96.10 94.66 94.84 5.67M
Pepsico PEP 68.00 68.62 67.68 67.98 5.44M
UnitedHealth Group UNH 49.15 49.50 48.98 49.19 4.2M
United Technologies UTX 74.00 74.45 73.64 73.79 3.81M
3M MMM 90.39 90.40 88.67 88.92 3.58M
Union Pacific UNP 107.85 110.83 107.05 108.11 2.7M
Berkshire Hathaway BRK.B 3986.00 3989.00 3970.00 3979.50 10.6K
Exchange Rates of September 07, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 113.370 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.055 CAD 1 CAD = 0.948 USD
US Dollar Swiss Franc 1 USD = 1.188 CHF 1 CHF = 0.842 USD
US Dollar Chinese Yuan 1 USD = 7.537 CNY 1 CNY = 0.133 USD
Euro Japanese Yen 1 EUR = 156.100 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.474 EUR
Euro Australian Dollar 1 EUR = 1.665 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.452 CAD 1 CAD = 0.689 EUR
Euro Swiss Franc 1 EUR = 1.636 CHF 1 CHF = 0.611 EUR
Japanese Yen Pound Sterling 1 JPY = 0.435 GBP 1 GBP = 2.301 JPY
Japanese Yen Australian Dollar 1 JPY = 1.066 AUD 1 AUD = 0.938 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.930 CAD 1 CAD = 1.075 JPY
Japanese Yen Swiss Franc 1 JPY = 1.048 CHF 1 CHF = 0.954 JPY
Pound Sterling Australian Dollar 1 GBP = 2.454 AUD 1 AUD = 0.408 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.140 CAD 1 CAD = 0.467 GBP
Pound Sterling Swiss Franc 1 GBP = 2.410 CHF 1 CHF = 0.415 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.872 CAD 1 CAD = 1.147 AUD
Australian Dollar Swiss Franc 1 AUD = 0.982 CHF 1 CHF = 1.019 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.126 CHF 1 CHF = 0.888 CAD

See what else happened on September 07, 2007