Financial news on February 08, 2007

Business and Financial news
Bank Settles Shelter Suits by Investors

The settlement by Deutsche Bank is a major shift in how it is dealing with the legal woes surrounding its tax shelter work. Read more..

By LYNNLEY BROWNING - The New York Times

Breaking the Myth of Megapixels

The myth that the more megapixels a camera has, the better the pictures, is a big fat lie. Read more..

By DAVID POGUE - The New York Times

Electronic Data Systems Nearly Doubles Quarterly Net Income

Fourth-quarter profit almost doubled after it reduced costs and generated more revenue from government orders. Read more..

By BLOOMBERG NEWS - The New York Times

EMC Plans Public Offering for 10% of Software Division

EMC said it planned to sell 10 percent of its fast-growing software subsidiary, VMware, in an initial public offering this summer. Read more..

By STEVE LOHR - The New York Times

House Committee to Examine Recent Performance of S.B.A.

The agency has come under criticism for its disaster relief program as well as its operating, lending and contracting practices. Read more..

By RON NIXON - The New York Times

Merger Activity Lifts Lazard to Record 4th-Quarter Profit

Lazard said that strength in its merger-advisory business helped lift its fourth-quarter profit 50 percent, to a record $85.8 million. Read more..

By PETER EDMONSTON - The New York Times

Sending Giant Files

How can I send a 50-megabyte file to a friend since it’s way too big for an e-mail attachment? Read more..

By J. D. BIERSDORFER - The New York Times

The Magic Behind the ‘Superzoom’ Lens

The emergence of image stabilization will have a gigantic impact on the quality of your photos. Read more..

By DAVID POGUE - The New York Times

Waiting List Gone, Incentives Are Coming for Prius

Sales of the hybrid-electric Prius have flattened, prompting Toyota to offer incentives and begin a national ad campaign for the car. Read more..

By MICHELINE MAYNARD - The New York Times

Warning! This Flashing Red Light Means the Tires Are Low on Air

Air Alert valve caps are bright enough to be seen in daylight, and really catch your eye by night. Read more..

By IVAN BERGER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 27,90 28,35 27,80 28,14 55.3M
Microsoft MSFT 29,24 29,80 29,20 29,26 48.7M
Oracle Corp. ORCL 16,87 16,92 16,66 16,71 45.8M
Intel INTC 21,30 21,42 21,18 21,36 40.3M
General Electric GE 36,06 36,06 35,60 35,74 33.7M
Apple AAPL 85,43 86,51 85,41 86,18 24.3M
Pfizer PFE 26,35 26,52 26,33 26,44 21.4M
Walt Disney & Co. DIS 36,04 36,09 34,95 35,29 20.7M
ExxonMobil XOM 74,56 75,63 74,24 75,46 18.7M
Comcast CMCSA 42,59 42,60 41,22 41,42 16.5M
AT&T Inc. T 37,20 37,50 36,94 37,38 16.4M
Pepsico PEP 63,25 64,11 62,80 63,31 13.9M
ConocoPhillips COP 66,21 67,13 65,61 66,87 13M
Verizon Communications VZ 38,04 38,23 37,68 37,95 12.2M
Home Depot HD 41,22 41,27 40,94 41,09 12M
Altria MO 85,90 85,90 84,74 85,22 11.4M
Wells Fargo & Co. WFC 35,81 35,81 35,36 35,56 11.1M
Wal-Mart Stores WMT 48,36 48,60 48,13 48,31 10.8M
JPMorgan Chase JPM 51,06 51,06 50,52 50,93 10.3M
Chevron CVX 72,46 73,92 72,09 73,75 10.2M
Abbott Laboratories ABT 52,40 52,55 52,06 52,14 10.1M
HP Inc. HPQ 42,50 42,80 42,31 42,47 9.43M
Amgen AMGN 69,59 70,39 69,55 69,78 8.88M
Bristol-Myers Squibb BMY 28,66 28,85 28,65 28,70 8.46M
Alphabet GOOGL 468,05 473,75 465,15 471,03 8.15M
Johnson & Johnson JNJ 65,76 65,97 65,60 65,76 7.34M
Merck MRK 44,02 44,75 43,81 43,92 7.23M
Schlumberger SLB 64,60 65,22 63,79 64,95 6.95M
International Business Machines IBM 98,90 99,74 98,65 99,62 6.15M
McDonald's MCD 44,73 44,84 44,14 44,35 6.02M
Procter & Gamble PG 64,11 64,75 64,10 64,59 5.78M
Amazon AMZN 38,95 39,51 38,67 39,10 5.48M
Boeing BA 89,74 90,36 88,55 89,52 5.16M
Coca-Cola KO 47,94 48,05 47,65 47,86 4.54M
UnitedHealth Group UNH 51,28 51,66 51,17 51,24 4.11M
3M MMM 74,88 74,89 74,11 74,64 3.84M
Gilead Sciences GILD 72,06 72,53 71,58 72,16 3.46M
United Technologies UTX 68,51 68,73 67,84 68,05 3.01M
Union Pacific UNP 100,24 101,15 99,71 100,58 1.58M
Berkshire Hathaway BRK.B 3604,00 3630,00 3604,00 3611,00 9.9K
Exchange Rates of February 08, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121,030 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,183 CAD 1 CAD = 0,846 USD
US Dollar Swiss Franc 1 USD = 1,246 CHF 1 CHF = 0,803 USD
US Dollar Chinese Yuan 1 USD = 7,749 CNY 1 CNY = 0,129 USD
Euro Japanese Yen 1 EUR = 157,830 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,666 GBP 1 GBP = 1,502 EUR
Euro Australian Dollar 1 EUR = 1,668 AUD 1 AUD = 0,599 EUR
Euro Canadian Dollar 1 EUR = 1,542 CAD 1 CAD = 0,649 EUR
Euro Swiss Franc 1 EUR = 1,625 CHF 1 CHF = 0,615 EUR
Japanese Yen Pound Sterling 1 JPY = 0,422 GBP 1 GBP = 2,372 JPY
Japanese Yen Australian Dollar 1 JPY = 1,056 AUD 1 AUD = 0,947 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,977 CAD 1 CAD = 1,024 JPY
Japanese Yen Swiss Franc 1 JPY = 1,029 CHF 1 CHF = 0,972 JPY
Pound Sterling Australian Dollar 1 GBP = 2,506 AUD 1 AUD = 0,399 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,316 CAD 1 CAD = 0,432 GBP
Pound Sterling Swiss Franc 1 GBP = 2,440 CHF 1 CHF = 0,410 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,924 CAD 1 CAD = 1,083 AUD
Australian Dollar Swiss Franc 1 AUD = 0,973 CHF 1 CHF = 1,028 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,053 CHF 1 CHF = 0,949 CAD

See what else happened on February 08, 2007