Financial news on January 8th, 2008
Business and Financial news
Four Wheels for the Masses: The $2,500 Car
A new car from Tata Motors of India would likely fail Western emission and safety standards, but it could be an affordable car for the developing world. Read more..
Genzyme Wins Cholesterol Drug Deal
Genzyme has agreed to pay at least $325 million to win the hotly contested rights to a potentially powerful cholesterol-lowering drug. Read more..
Hong Kong Power Regulations Based in Part on Emissions
Hong Kong adopts a new regulatory system that could some day be a model for mainland China’s giant power industries. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 22.92 | 23.13 | 22.23 | 22.26 | 80.5M |
| Microsoft | MSFT | 34.71 | 34.71 | 33.40 | 33.45 | 79.1M |
| AT&T Inc. | T | 41.36 | 41.85 | 37.14 | 39.16 | 72.8M |
| Cisco Systems | CSCO | 26.36 | 26.79 | 25.42 | 25.43 | 61.2M |
| Apple | AAPL | 180.14 | 182.46 | 170.80 | 171.25 | 54.4M |
| Pfizer | PFE | 23.39 | 23.92 | 23.30 | 23.47 | 51.9M |
| General Electric | GE | 36.29 | 36.43 | 35.20 | 35.40 | 45.1M |
| Oracle Corp. | ORCL | 22.24 | 22.32 | 21.14 | 21.15 | 43.6M |
| HP Inc. | HPQ | 45.62 | 46.02 | 43.02 | 43.19 | 42.7M |
| Wells Fargo & Co. | WFC | 27.76 | 28.11 | 26.37 | 26.50 | 41.5M |
| Verizon Communications | VZ | 43.30 | 44.32 | 40.57 | 41.99 | 37.4M |
| JPMorgan Chase | JPM | 41.50 | 41.58 | 39.42 | 39.70 | 33.6M |
| Comcast | CMCSA | 17.04 | 17.32 | 16.61 | 16.62 | 24.5M |
| Bristol-Myers Squibb | BMY | 26.44 | 26.97 | 26.37 | 26.64 | 22M |
| Abbott Laboratories | ABT | 57.75 | 60.00 | 57.67 | 59.01 | 22M |
| ExxonMobil | XOM | 91.86 | 92.05 | 89.68 | 90.05 | 21.8M |
| Amgen | AMGN | 45.72 | 47.95 | 45.35 | 46.33 | 21M |
| Merck | MRK | 58.09 | 60.69 | 58.02 | 59.66 | 20.5M |
| Wal-Mart Stores | WMT | 46.65 | 47.08 | 45.88 | 45.97 | 19M |
| Altria | MO | 78.95 | 79.43 | 77.90 | 78.32 | 17.3M |
| Procter & Gamble | PG | 72.69 | 73.81 | 72.00 | 72.68 | 17.2M |
| ConocoPhillips | COP | 84.85 | 85.61 | 82.27 | 82.51 | 16.2M |
| Home Depot | HD | 25.58 | 25.80 | 24.67 | 24.74 | 15.5M |
| Johnson & Johnson | JNJ | 66.75 | 67.75 | 66.60 | 66.94 | 13.5M |
| Walt Disney & Co. | DIS | 31.25 | 31.50 | 30.46 | 30.54 | 13M |
| Amazon | AMZN | 87.55 | 91.83 | 86.93 | 87.88 | 12.3M |
| Chevron | CVX | 92.62 | 93.38 | 90.58 | 90.95 | 11M |
| Alphabet | GOOGL | 653.00 | 659.96 | 631.00 | 631.68 | 10.7M |
| Schlumberger | SLB | 98.15 | 100.31 | 96.44 | 96.71 | 10.7M |
| Coca-Cola | KO | 63.50 | 64.40 | 63.31 | 63.57 | 10.4M |
| McDonald's | MCD | 58.44 | 58.64 | 56.96 | 57.08 | 10.1M |
| Boeing | BA | 83.11 | 83.37 | 79.65 | 79.91 | 9.81M |
| Gilead Sciences | GILD | 48.08 | 48.45 | 46.83 | 46.85 | 9.6M |
| International Business Machines | IBM | 100.05 | 100.38 | 97.17 | 97.59 | 9.43M |
| United Technologies | UTX | 74.74 | 75.19 | 71.44 | 71.79 | 8.25M |
| UnitedHealth Group | UNH | 57.05 | 57.48 | 55.98 | 56.21 | 8.14M |
| Pepsico | PEP | 77.85 | 78.99 | 77.17 | 77.94 | 7.15M |
| 3M | MMM | 81.35 | 82.07 | 80.10 | 80.21 | 5.71M |
| Union Pacific | UNP | 119.16 | 120.00 | 114.86 | 115.26 | 2.88M |
| Berkshire Hathaway | BRK.B | 4420.00 | 4478.00 | 4380.00 | 4415.00 | 20.6K |
Exchange Rates of January 8th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 108.910 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.007 CAD | 1 CAD = 0.993 USD |
| US Dollar | Swiss Franc | 1 USD = 1.112 CHF | 1 CHF = 0.899 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.267 CNY | 1 CNY = 0.138 USD |
| Euro | Japanese Yen | 1 EUR = 160.140 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.745 GBP | 1 GBP = 1.342 EUR |
| Euro | Australian Dollar | 1 EUR = 1.673 AUD | 1 AUD = 0.598 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.480 CAD | 1 CAD = 0.676 EUR |
| Euro | Swiss Franc | 1 EUR = 1.636 CHF | 1 CHF = 0.611 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.465 GBP | 1 GBP = 2.150 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.044 AUD | 1 AUD = 0.957 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.924 CAD | 1 CAD = 1.082 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.021 CHF | 1 CHF = 0.979 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.246 AUD | 1 AUD = 0.445 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.986 CAD | 1 CAD = 0.503 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.195 CHF | 1 CHF = 0.456 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.884 CAD | 1 CAD = 1.131 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.977 CHF | 1 CHF = 1.024 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.105 CHF | 1 CHF = 0.905 CAD |
See what else happened on January 8th, 2008