Financial news on May 8th, 2008
Business and Financial news
The stock drop coincided with a speech by the chairman of the S.E.C., Christopher Cox, who called for more stringent federal oversight of investment banks. Read more..
In The World Ends With You, Neku Sakuraba lives in a world where everyone seems to know what’s going on but he, and no one is inclined to explain anything. Read more..
David Pogue tests Apple’s Time Capsule, which backs up your computer automatically, constantly, completely and wirelessly. Read more..
Kyodo America’s robotic lawn mower, the LawnBott LB3500, can be programmed to mow the grass with a Bluetooth-equipped mobile phone. Read more..
To celebrate the longevity of the G-Shock, Casio has created a number of new watches, including the solar-powered, water-resistant MTG-1000, which tells time in 27 cities. Read more..
The chairmen of Delta Air Lines and Northwest Airlines said a merger was essential to preserve jobs and service to small cities, and to compete with foreign-flag carriers. Read more..
A dozen oil companies agreed to pay $423 million in cash plus clean-up costs to settle litigation over groundwater contamination from the gasoline additive, MTBE. Read more..
Sending business students to do field work at local firms is nothing new, but the trend has continued to gain popularity in recent years. Read more..
Toyota, which said that it would likely face an annual profit drop, is finding its profit growth in new markets. Read more..
Another sale would be the fourth change in control during the last decade for TV Guide, which has long been trying to forge a new identity as an entertainment magazine. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 29,26 | 29,39 | 29,00 | 29,27 | 69.6M |
Intel | INTC | 23,38 | 23,61 | 23,11 | 23,40 | 50.1M |
Cisco Systems | CSCO | 26,00 | 26,00 | 25,30 | 25,70 | 48.3M |
Pfizer | PFE | 19,98 | 20,04 | 19,88 | 19,97 | 46.8M |
General Electric | GE | 32,72 | 32,80 | 32,45 | 32,59 | 34.4M |
Apple | AAPL | 183,75 | 186,50 | 183,07 | 185,06 | 32.1M |
Wal-Mart Stores | WMT | 57,40 | 57,60 | 56,75 | 57,16 | 26.5M |
JPMorgan Chase | JPM | 46,98 | 47,00 | 45,31 | 46,05 | 26.1M |
Oracle Corp. | ORCL | 21,15 | 21,28 | 21,00 | 21,10 | 26.1M |
ExxonMobil | XOM | 89,00 | 89,95 | 88,52 | 89,93 | 24.3M |
Wells Fargo & Co. | WFC | 30,07 | 30,11 | 29,08 | 29,38 | 24.2M |
Visa | V | 89,50 | 89,75 | 85,94 | 87,30 | 23.2M |
Comcast | CMCSA | 21,76 | 22,17 | 21,59 | 22,05 | 21.5M |
AT&T Inc. | T | 38,89 | 39,31 | 38,55 | 38,86 | 20.1M |
Home Depot | HD | 28,61 | 28,78 | 27,79 | 27,92 | 19.5M |
Walt Disney & Co. | DIS | 34,76 | 34,80 | 34,33 | 34,56 | 18.9M |
ConocoPhillips | COP | 88,00 | 89,50 | 87,87 | 89,45 | 17.8M |
Altria | MO | 20,92 | 21,35 | 20,84 | 21,33 | 17.4M |
Chevron | CVX | 95,50 | 97,85 | 95,30 | 97,44 | 15.1M |
Coca-Cola | KO | 57,35 | 57,57 | 56,05 | 56,29 | 14M |
Verizon Communications | VZ | 38,49 | 38,74 | 37,91 | 38,25 | 12.7M |
Merck | MRK | 39,10 | 39,73 | 38,63 | 39,09 | 11.3M |
HP Inc. | HPQ | 48,90 | 49,45 | 48,46 | 49,06 | 10.6M |
Alphabet | GOOGL | 586,20 | 589,30 | 578,91 | 583,01 | 10.2M |
Procter & Gamble | PG | 66,10 | 66,26 | 65,68 | 65,92 | 10.1M |
Abbott Laboratories | ABT | 51,58 | 52,41 | 51,03 | 51,28 | 9.81M |
International Business Machines | IBM | 124,20 | 125,17 | 123,70 | 124,92 | 9.79M |
Johnson & Johnson | JNJ | 67,03 | 67,16 | 66,70 | 66,90 | 9.44M |
Bristol-Myers Squibb | BMY | 22,80 | 22,92 | 22,69 | 22,79 | 9.27M |
Amazon | AMZN | 73,73 | 74,16 | 71,56 | 72,79 | 8.13M |
McDonald's | MCD | 59,73 | 59,80 | 58,79 | 59,77 | 7.99M |
Schlumberger | SLB | 102,61 | 105,75 | 102,07 | 105,56 | 7.32M |
UnitedHealth Group | UNH | 32,75 | 33,57 | 32,50 | 33,00 | 7.21M |
Amgen | AMGN | 42,36 | 42,56 | 41,90 | 42,02 | 6.35M |
Pepsico | PEP | 68,40 | 68,42 | 67,24 | 67,54 | 6.33M |
Gilead Sciences | GILD | 53,82 | 54,59 | 53,47 | 54,11 | 6.07M |
United Technologies | UTX | 73,35 | 74,34 | 73,23 | 74,06 | 3.83M |
3M | MMM | 77,00 | 77,36 | 76,47 | 76,95 | 3.8M |
Boeing | BA | 84,71 | 85,20 | 84,00 | 84,76 | 3.67M |
Union Pacific | UNP | 145,80 | 147,48 | 145,25 | 147,19 | 1.79M |
Berkshire Hathaway | BRK.B | 4290,00 | 4304,00 | 4262,50 | 4280,00 | 21.7K |
Exchange Rates of May 8th, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 103,750 JPY | 1 JPY = 0,010 USD |
US Dollar | Canadian Dollar | 1 USD = 1,017 CAD | 1 CAD = 0,983 USD |
US Dollar | Swiss Franc | 1 USD = 1,050 CHF | 1 CHF = 0,952 USD |
US Dollar | Chinese Yuan | 1 USD = 7,005 CNY | 1 CNY = 0,143 USD |
Euro | Japanese Yen | 1 EUR = 159,810 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,788 GBP | 1 GBP = 1,269 EUR |
Euro | Australian Dollar | 1 EUR = 1,632 AUD | 1 AUD = 0,613 EUR |
Euro | Canadian Dollar | 1 EUR = 1,567 CAD | 1 CAD = 0,638 EUR |
Euro | Swiss Franc | 1 EUR = 1,618 CHF | 1 CHF = 0,618 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,493 GBP | 1 GBP = 2,029 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,021 AUD | 1 AUD = 0,979 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,980 CAD | 1 CAD = 1,020 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,012 CHF | 1 CHF = 0,988 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,072 AUD | 1 AUD = 0,483 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,988 CAD | 1 CAD = 0,503 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,053 CHF | 1 CHF = 0,487 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,959 CAD | 1 CAD = 1,043 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,990 CHF | 1 CHF = 1,010 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,032 CHF | 1 CHF = 0,969 CAD |
See what else happened on May 8th, 2008