Financial news on August 9th, 2007

Business and Financial news
An Entire Bookshelf, in Your Hands

A variety of digital tools, from cell phones to dedicated readers, are now available for cracking open electronic books. Read more..

By PETER WAYNER - The New York Times

Central Bank Raises a Key Interest Rate

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..

By BLOOMBERG NEWS - The New York Times

Equity Firm Invests in NBC Universal-News Corp. Online Venture

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..

By BRAD STONE - The New York Times

Help NBC and News Corp. Pick a Brand Name

Readers: help pick a name for the newly funded NBC-News Corporation joint venture in online video. Read more..

By BRAD STONE - The New York Times

Internet Radio Made Easier

Several new breakthrough portable consoles can tune in to thousands of Internet radio stations. Read more..

By DAVID POGUE - The New York Times

Internet Tabletop Radios: A Comparison

A comparison of several new portable radio consoles that can tune in to thousands of Internet radio stations. Read more..

By THE NEW YORK TIMES - The New York Times

Original Suitor Sweetens Its Barneys Offer to $942 Million

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..

By MICHAEL BARBARO - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO31,2032,4731,1831,40102M
MicrosoftMSFT29,6430,1028,9229,3073M
IntelINTC24,3224,7423,9223,9271.7M
General ElectricGE39,6740,1338,8738,9460M
PfizerPFE24,2524,6424,1424,1454.5M
AppleAAPL131,11133,00125,09126,3940.2M
JPMorgan ChaseJPM45,0445,9444,1744,1739.3M
Home DepotHD35,3636,2535,1235,7937.1M
ExxonMobilXOM85,6986,7983,6083,6036M
AT&T Inc.T39,8140,2039,0039,2534M
Oracle Corp.ORCL19,9420,3019,8720,0933.6M
ComcastCMCSA25,3325,6124,6525,0530.8M
Wells Fargo & Co.WFC33,9035,2132,7334,1625.4M
HP Inc.HPQ48,4449,2047,0247,0224.2M
Wal-Mart StoresWMT47,5048,0046,3946,4523.6M
Bristol-Myers SquibbBMY29,2329,8128,0028,1822.7M
Johnson & JohnsonJNJ62,0062,6060,8360,8320.8M
Verizon CommunicationsVZ42,2643,4841,9141,9220M
Abbott LaboratoriesABT56,9156,9154,8354,9319.8M
Procter & GamblePG64,0166,7564,0064,9719.5M
Coca-ColaKO54,8156,7154,8155,8517.1M
ConocoPhillipsCOP78,7080,3978,2278,2316.6M
ChevronCVX83,1084,7481,1181,1115.6M
Walt Disney & Co.DIS33,8334,2033,0033,0014.9M
MerckMRK51,5852,5050,2551,4414.8M
UnitedHealth GroupUNH47,7947,9646,0346,3314.5M
McDonald'sMCD49,5051,8849,0149,9313.3M
AltriaMO68,9669,1067,4567,6713.2M
SchlumbergerSLB91,8094,6590,8692,2012M
AmgenAMGN51,6052,5050,9850,9911.3M
AlphabetGOOGL520,80526,82514,63514,739.68M
International Business MachinesIBM110,77114,49110,73110,739.09M
Gilead SciencesGILD38,2938,6037,2637,319.02M
BoeingBA100,79102,2398,0298,308.72M
PepsicoPEP69,4570,2568,5068,508.57M
AmazonAMZN76,4077,2674,1174,118.35M
United TechnologiesUTX74,0474,9272,3772,376.2M
3MMMM87,9088,1386,7786,865.07M
Union PacificUNP118,08119,68115,70115,703.12M
Berkshire HathawayBRK.B3677,003677,003627,003643,0018.8K
Exchange Rates of August 9th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118,150 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,058 CAD1 CAD = 0,945 USD
US DollarSwiss Franc1 USD = 1,196 CHF1 CHF = 0,836 USD
US DollarChinese Yuan1 USD = 7,565 CNY1 CNY = 0,132 USD
EuroJapanese Yen1 EUR = 161,590 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,676 GBP1 GBP = 1,480 EUR
EuroAustralian Dollar1 EUR = 1,609 AUD1 AUD = 0,621 EUR
EuroCanadian Dollar1 EUR = 1,447 CAD1 CAD = 0,691 EUR
EuroSwiss Franc1 EUR = 1,636 CHF1 CHF = 0,611 EUR
Japanese YenPound Sterling1 JPY = 0,418 GBP1 GBP = 2,392 JPY
Japanese YenAustralian Dollar1 JPY = 0,995 AUD1 AUD = 1,005 JPY
Japanese YenCanadian Dollar1 JPY = 0,895 CAD1 CAD = 1,117 JPY
Japanese YenSwiss Franc1 JPY = 1,012 CHF1 CHF = 0,988 JPY
Pound SterlingAustralian Dollar1 GBP = 2,381 AUD1 AUD = 0,420 GBP
Pound SterlingCanadian Dollar1 GBP = 2,141 CAD1 CAD = 0,467 GBP
Pound SterlingSwiss Franc1 GBP = 2,420 CHF1 CHF = 0,413 GBP
Australian DollarCanadian Dollar1 AUD = 0,899 CAD1 CAD = 1,113 AUD
Australian DollarSwiss Franc1 AUD = 1,016 CHF1 CHF = 0,984 AUD
Canadian DollarSwiss Franc1 CAD = 1,130 CHF1 CHF = 0,885 CAD

See what else happened on August 9th, 2007