Financial news on August 9th, 2007
Business and Financial news
A variety of digital tools, from cell phones to dedicated readers, are now available for cracking open electronic books. Read more..
Australia’s central bank raised its benchmark interest rate a quarter-point to 6.5 percent, the highest rate in almost 11 years. Read more..
A yet-to-be-launched online joint venture between NBC Universal and News Corporation has received a $100 million investment from Providence Equity Partners. Read more..
Readers: help pick a name for the newly funded NBC-News Corporation joint venture in online video. Read more..
Several new breakthrough portable consoles can tune in to thousands of Internet radio stations. Read more..
A comparison of several new portable radio consoles that can tune in to thousands of Internet radio stations. Read more..
The bidding war over Barneys New York, the luxury clothing retailer, escalated when a private equity firm from Dubai raised its offer to $942 million — $117 million more than it had originally bid. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Cisco Systems | CSCO | 31.20 | 32.47 | 31.18 | 31.40 | 102M |
| Microsoft | MSFT | 29.64 | 30.10 | 28.92 | 29.30 | 73M |
| Intel | INTC | 24.32 | 24.74 | 23.92 | 23.92 | 71.7M |
| General Electric | GE | 39.67 | 40.13 | 38.87 | 38.94 | 60M |
| Pfizer | PFE | 24.25 | 24.64 | 24.14 | 24.14 | 54.5M |
| Apple | AAPL | 131.11 | 133.00 | 125.09 | 126.39 | 40.2M |
| JPMorgan Chase | JPM | 45.04 | 45.94 | 44.17 | 44.17 | 39.3M |
| Home Depot | HD | 35.36 | 36.25 | 35.12 | 35.79 | 37.1M |
| ExxonMobil | XOM | 85.69 | 86.79 | 83.60 | 83.60 | 36M |
| AT&T Inc. | T | 39.81 | 40.20 | 39.00 | 39.25 | 34M |
| Oracle Corp. | ORCL | 19.94 | 20.30 | 19.87 | 20.09 | 33.6M |
| Comcast | CMCSA | 25.33 | 25.61 | 24.65 | 25.05 | 30.8M |
| Wells Fargo & Co. | WFC | 33.90 | 35.21 | 32.73 | 34.16 | 25.4M |
| HP Inc. | HPQ | 48.44 | 49.20 | 47.02 | 47.02 | 24.2M |
| Wal-Mart Stores | WMT | 47.50 | 48.00 | 46.39 | 46.45 | 23.6M |
| Bristol-Myers Squibb | BMY | 29.23 | 29.81 | 28.00 | 28.18 | 22.7M |
| Johnson & Johnson | JNJ | 62.00 | 62.60 | 60.83 | 60.83 | 20.8M |
| Verizon Communications | VZ | 42.26 | 43.48 | 41.91 | 41.92 | 20M |
| Abbott Laboratories | ABT | 56.91 | 56.91 | 54.83 | 54.93 | 19.8M |
| Procter & Gamble | PG | 64.01 | 66.75 | 64.00 | 64.97 | 19.5M |
| Coca-Cola | KO | 54.81 | 56.71 | 54.81 | 55.85 | 17.1M |
| ConocoPhillips | COP | 78.70 | 80.39 | 78.22 | 78.23 | 16.6M |
| Chevron | CVX | 83.10 | 84.74 | 81.11 | 81.11 | 15.6M |
| Walt Disney & Co. | DIS | 33.83 | 34.20 | 33.00 | 33.00 | 14.9M |
| Merck | MRK | 51.58 | 52.50 | 50.25 | 51.44 | 14.8M |
| UnitedHealth Group | UNH | 47.79 | 47.96 | 46.03 | 46.33 | 14.5M |
| McDonald's | MCD | 49.50 | 51.88 | 49.01 | 49.93 | 13.3M |
| Altria | MO | 68.96 | 69.10 | 67.45 | 67.67 | 13.2M |
| Schlumberger | SLB | 91.80 | 94.65 | 90.86 | 92.20 | 12M |
| Amgen | AMGN | 51.60 | 52.50 | 50.98 | 50.99 | 11.3M |
| Alphabet | GOOGL | 520.80 | 526.82 | 514.63 | 514.73 | 9.68M |
| International Business Machines | IBM | 110.77 | 114.49 | 110.73 | 110.73 | 9.09M |
| Gilead Sciences | GILD | 38.29 | 38.60 | 37.26 | 37.31 | 9.02M |
| Boeing | BA | 100.79 | 102.23 | 98.02 | 98.30 | 8.72M |
| Pepsico | PEP | 69.45 | 70.25 | 68.50 | 68.50 | 8.57M |
| Amazon | AMZN | 76.40 | 77.26 | 74.11 | 74.11 | 8.35M |
| United Technologies | UTX | 74.04 | 74.92 | 72.37 | 72.37 | 6.2M |
| 3M | MMM | 87.90 | 88.13 | 86.77 | 86.86 | 5.07M |
| Union Pacific | UNP | 118.08 | 119.68 | 115.70 | 115.70 | 3.12M |
| Berkshire Hathaway | BRK.B | 3677.00 | 3677.00 | 3627.00 | 3643.00 | 18.8K |
Exchange Rates of August 9th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 118.150 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.058 CAD | 1 CAD = 0.945 USD |
| US Dollar | Swiss Franc | 1 USD = 1.196 CHF | 1 CHF = 0.836 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.565 CNY | 1 CNY = 0.132 USD |
| Euro | Japanese Yen | 1 EUR = 161.590 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.676 GBP | 1 GBP = 1.480 EUR |
| Euro | Australian Dollar | 1 EUR = 1.609 AUD | 1 AUD = 0.621 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.447 CAD | 1 CAD = 0.691 EUR |
| Euro | Swiss Franc | 1 EUR = 1.636 CHF | 1 CHF = 0.611 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.418 GBP | 1 GBP = 2.392 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.995 AUD | 1 AUD = 1.005 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.895 CAD | 1 CAD = 1.117 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.012 CHF | 1 CHF = 0.988 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.381 AUD | 1 AUD = 0.420 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.141 CAD | 1 CAD = 0.467 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.420 CHF | 1 CHF = 0.413 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.899 CAD | 1 CAD = 1.113 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.016 CHF | 1 CHF = 0.984 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.130 CHF | 1 CHF = 0.885 CAD |
See what else happened on August 9th, 2007