Financial news on April 9th, 2008
Business and Financial news
The airline is also expected to cancel 900 more flights on Thursday to make sure wiring on its fleet of 300 MD-80 jetliners was secured correctly. Read more..
A bipartisan effort in the Senate to stabilize the housing market and offer aid to struggling homeowners began to crumble Tuesday, as the White House threatened a veto. Read more..
Betting that the long-frozen credit markets are starting to thaw, Apollo Management, TPG Capital and the Blackstone Group have agreed in principle to buy about $12.5 billion of loans from Citigroup. Read more..
A report by the French stock market watchdog that was leaked to a French news service provided details of the insider trading claims against executives at Airbus and EADS. Read more..
French legislators will question Société Générale’s leader about the state of banking regulation, and, most likely, about his bank’s recent trading scandal. Read more..
The ambitious deal would enable Russia to diversify its energy sources but also further increase Europe’s dependence on Gazprom, which is state-controlled. Read more..
The new delivery date puts the plane, known as the Dreamliner, more than a year behind its original schedule. Read more..
The Bush administration and Congressional leaders are counting on the F.H.A. to rescue thousands of struggling homeowners, but the agency has financial woes of its own. Read more..
If you think paying taxes is unfair, illegal or unconstitutional, then watch out — the Justice Department is after you. Read more..
Mr. Eberle pushed Europe and Japan to lower trade barriers as President Richard M. Nixon’s chief trade negotiator in the 1970s. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 21.06 | 21.43 | 20.77 | 21.42 | 63.5M |
| Cisco Systems | CSCO | 23.95 | 24.14 | 23.34 | 23.53 | 60.6M |
| Microsoft | MSFT | 28.81 | 29.04 | 28.54 | 28.89 | 45.8M |
| Pfizer | PFE | 21.00 | 21.08 | 20.72 | 20.89 | 37.4M |
| Oracle Corp. | ORCL | 19.92 | 20.26 | 19.87 | 20.22 | 31.6M |
| Apple | AAPL | 153.31 | 153.89 | 150.46 | 151.44 | 31.2M |
| Wells Fargo & Co. | WFC | 30.01 | 30.15 | 29.04 | 29.45 | 29.8M |
| JPMorgan Chase | JPM | 45.16 | 45.18 | 44.08 | 44.30 | 28.5M |
| ExxonMobil | XOM | 89.73 | 90.15 | 89.11 | 89.70 | 21.9M |
| AT&T Inc. | T | 38.72 | 38.96 | 37.74 | 38.19 | 21.3M |
| Altria | MO | 21.48 | 21.57 | 20.83 | 20.91 | 20.2M |
| Wal-Mart Stores | WMT | 54.37 | 54.60 | 53.74 | 54.14 | 19.5M |
| Boeing | BA | 76.72 | 79.90 | 76.31 | 78.60 | 19.5M |
| Abbott Laboratories | ABT | 54.25 | 54.34 | 53.52 | 53.87 | 17.8M |
| Verizon Communications | VZ | 36.75 | 36.92 | 35.72 | 36.02 | 14M |
| Home Depot | HD | 28.15 | 28.25 | 27.40 | 27.67 | 13.4M |
| Comcast | CMCSA | 20.49 | 20.59 | 19.97 | 20.10 | 13.3M |
| General Electric | GE | 36.75 | 36.85 | 36.21 | 36.44 | 12.5M |
| ConocoPhillips | COP | 79.79 | 80.63 | 79.30 | 79.43 | 12.1M |
| Alphabet | GOOGL | 469.13 | 472.00 | 457.54 | 464.19 | 12.1M |
| Visa | V | 68.35 | 68.72 | 65.61 | 65.79 | 12.1M |
| HP Inc. | HPQ | 45.93 | 46.23 | 45.26 | 46.09 | 11.9M |
| Schlumberger | SLB | 89.93 | 91.29 | 88.50 | 90.18 | 11.5M |
| Procter & Gamble | PG | 70.00 | 70.30 | 69.64 | 70.21 | 11.4M |
| Merck | MRK | 41.03 | 41.11 | 39.70 | 40.94 | 11.4M |
| Chevron | CVX | 89.51 | 90.53 | 89.43 | 89.95 | 10.7M |
| Walt Disney & Co. | DIS | 31.12 | 31.21 | 30.61 | 30.85 | 10.5M |
| Bristol-Myers Squibb | BMY | 21.76 | 21.90 | 21.40 | 21.51 | 9.7M |
| Johnson & Johnson | JNJ | 66.39 | 66.50 | 65.94 | 66.29 | 8.59M |
| Gilead Sciences | GILD | 52.18 | 52.37 | 50.63 | 51.03 | 7.86M |
| McDonald's | MCD | 55.75 | 56.10 | 55.39 | 55.74 | 7.69M |
| Amgen | AMGN | 41.69 | 41.90 | 41.26 | 41.59 | 7.39M |
| UnitedHealth Group | UNH | 37.83 | 38.28 | 37.15 | 37.28 | 7.13M |
| International Business Machines | IBM | 116.50 | 117.72 | 115.72 | 116.77 | 6.82M |
| Amazon | AMZN | 76.56 | 76.67 | 73.66 | 74.39 | 6.66M |
| Coca-Cola | KO | 60.50 | 60.83 | 60.31 | 60.78 | 6.5M |
| United Technologies | UTX | 71.70 | 72.02 | 70.30 | 70.81 | 4.34M |
| Pepsico | PEP | 71.18 | 71.33 | 70.62 | 70.97 | 4.31M |
| 3M | MMM | 79.99 | 80.12 | 78.80 | 79.59 | 2.97M |
| Union Pacific | UNP | 132.67 | 133.29 | 128.36 | 129.87 | 2.43M |
| Berkshire Hathaway | BRK.B | 4420.00 | 4430.00 | 4360.00 | 4390.00 | 16.1K |
Exchange Rates of April 9th, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 101.720 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.019 CAD | 1 CAD = 0.982 USD |
| US Dollar | Swiss Franc | 1 USD = 1.001 CHF | 1 CHF = 0.999 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.002 CNY | 1 CNY = 0.143 USD |
| Euro | Japanese Yen | 1 EUR = 161.080 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.802 GBP | 1 GBP = 1.248 EUR |
| Euro | Australian Dollar | 1 EUR = 1.703 AUD | 1 AUD = 0.587 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.613 CAD | 1 CAD = 0.620 EUR |
| Euro | Swiss Franc | 1 EUR = 1.585 CHF | 1 CHF = 0.631 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.497 GBP | 1 GBP = 2.010 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.057 AUD | 1 AUD = 0.946 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.001 CAD | 1 CAD = 0.999 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.984 CHF | 1 CHF = 1.016 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.125 AUD | 1 AUD = 0.471 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.012 CAD | 1 CAD = 0.497 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.977 CHF | 1 CHF = 0.506 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.946 CAD | 1 CAD = 1.057 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.930 CHF | 1 CHF = 1.075 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.982 CHF | 1 CHF = 1.018 CAD |
See what else happened on April 9th, 2008