Financial news on January 09, 2007

Business and Financial news
Express Scripts Moves to Derail a Merger

Express Scripts opened a proxy war in the pharmacy benefits industry, moving to derail the pending acquisition of its rival Caremark Rx. Read more..

By MILT FREUDENHEIM - The New York Times

I’ll Have Fries and a Glass of Your Best Champagne

Matching food with wine is an art. And while not everyone can agree on good art, everyone can agree on what is bad art. Read more..

By CHRISTOPHER ELLIOTT - The New York Times

Pricing the iPhone

Rob Glaser, chief executive of Real Networks, on Apple’s new iPhone. Read more..

By THE NEW YORK TIMES - The New York Times

Reins Off, French Retailers Rush to Buy TV Time

A ban on TV ads by French retailers expired at the end of 2006, loosening one of the most restrictive marketing regulations in Europe. Read more..

By ERIC PFANNER - The New York Times

South Korea: Samsung Forecast

The Samsung Electronics Company forecast record profit from consumer electronics this year, helped by television sales. Profit this year from the digital media division, including earnings from overseas affiliates, will probably exceed 1 trillion ... Read more..

By BLOOMBERG NEWS - The New York Times

State Farm in Talks to Settle Gulf Claims

The nation’s biggest home insurer is close to settling hundreds of lawsuits over its payments for homes hit by Hurricane Katrina. Read more..

By JOSEPH B. TREASTER - The New York Times

That Charter Jet Is Available, but How Good Is the Pilot?

Two well-publicized accidents brought into question the assumption that all charter flights operate under tough standards. Read more..

By JOE SHARKEY - The New York Times

The iPhone Rumors Are Right…Finally

OK, so after three years of being wrong, the rumor sites were finally right. Now there IS an Apple cellphone. Or, rather, will be one in June. Read more..

By DAVID POGUE - The New York Times

The LCD Juggernaut–Not So Fast!

Panasonic, which has most of its eggs in the plasma TV basket, takes exception to the idea that liquid-crystal display TVs are going to dominate the big-screen HDTV market. Read more..

By DAMON DARLIN - The New York Times

Yahoo Introduces Mobile Service Software

Yahoo’s Go for Mobile 2.0 will let users find information like news, stock quotes and sports scores more quickly on their cellphones. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 86.45 92.98 85.15 92.57 120M
Intel INTC 21.18 21.21 20.86 21.03 54.4M
Cisco Systems CSCO 28.72 28.75 28.31 28.47 50.5M
Microsoft MSFT 30.00 30.18 29.73 29.96 44.6M
AT&T Inc. T 33.85 34.41 33.66 33.94 40.1M
Oracle Corp. ORCL 17.93 17.98 17.65 17.82 31.4M
Pfizer PFE 26.24 26.34 26.04 26.17 31.3M
ExxonMobil XOM 71.80 72.84 71.44 72.09 27M
ConocoPhillips COP 66.90 67.65 66.41 66.51 26.3M
General Electric GE 37.77 37.99 37.36 37.55 24.6M
Home Depot HD 39.50 39.85 39.22 39.32 20.3M
Abbott Laboratories ABT 50.15 50.66 50.00 50.22 17M
Verizon Communications VZ 36.81 37.25 36.81 36.96 16.3M
Schlumberger SLB 57.61 58.65 57.03 58.19 16.3M
Wal-Mart Stores WMT 47.00 47.67 47.00 47.39 14.6M
HP Inc. HPQ 42.08 42.39 41.89 42.20 11.9M
Walt Disney & Co. DIS 34.50 34.69 33.95 34.45 11.6M
International Business Machines IBM 99.24 100.33 99.07 100.07 11.1M
Procter & Gamble PG 63.39 63.80 63.11 63.48 10.8M
Comcast CMCSA 42.64 42.84 42.06 42.74 10.8M
Alphabet GOOGL 485.45 488.25 481.20 485.50 10.8M
Chevron CVX 70.98 71.34 69.85 70.63 10.5M
Wells Fargo & Co. WFC 35.58 35.85 35.48 35.59 10.2M
JPMorgan Chase JPM 47.90 48.11 47.36 47.75 9.28M
Altria MO 88.15 88.58 87.90 88.12 9.03M
Merck MRK 44.30 44.50 43.83 43.88 8.62M
Bristol-Myers Squibb BMY 26.23 26.30 26.01 26.21 7.51M
Amgen AMGN 71.17 71.68 70.67 71.27 7.17M
Johnson & Johnson JNJ 66.60 66.85 66.13 66.26 7.15M
Coca-Cola KO 48.54 48.83 48.46 48.61 6.86M
McDonald's MCD 44.05 44.15 43.59 43.79 6.83M
Amazon AMZN 37.60 38.06 37.34 37.78 5.7M
UnitedHealth Group UNH 53.32 53.35 52.43 52.68 5.48M
Gilead Sciences GILD 64.95 65.51 64.52 65.01 5.15M
Pepsico PEP 63.05 63.47 63.01 63.35 4.92M
United Technologies UTX 62.97 63.10 62.23 62.47 4.52M
Boeing BA 88.93 89.71 87.56 88.00 4.19M
3M MMM 78.00 78.23 77.44 77.68 1.9M
Union Pacific UNP 91.02 91.43 90.44 90.85 1.71M
Berkshire Hathaway BRK.B 3586.00 3652.00 3583.00 3650.00 12.2K
Exchange Rates of January 09, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 119.380 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.177 CAD 1 CAD = 0.850 USD
US Dollar Swiss Franc 1 USD = 1.241 CHF 1 CHF = 0.806 USD
US Dollar Chinese Yuan 1 USD = 7.807 CNY 1 CNY = 0.128 USD
Euro Japanese Yen 1 EUR = 155.190 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.493 EUR
Euro Australian Dollar 1 EUR = 1.664 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.529 CAD 1 CAD = 0.654 EUR
Euro Swiss Franc 1 EUR = 1.614 CHF 1 CHF = 0.620 EUR
Japanese Yen Pound Sterling 1 JPY = 0.432 GBP 1 GBP = 2.317 JPY
Japanese Yen Australian Dollar 1 JPY = 1.072 AUD 1 AUD = 0.933 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.985 CAD 1 CAD = 1.015 JPY
Japanese Yen Swiss Franc 1 JPY = 1.040 CHF 1 CHF = 0.962 JPY
Pound Sterling Australian Dollar 1 GBP = 2.484 AUD 1 AUD = 0.403 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.282 CAD 1 CAD = 0.438 GBP
Pound Sterling Swiss Franc 1 GBP = 2.407 CHF 1 CHF = 0.415 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.918 CAD 1 CAD = 1.089 AUD
Australian Dollar Swiss Franc 1 AUD = 0.969 CHF 1 CHF = 1.032 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.055 CHF 1 CHF = 0.948 CAD

See what else happened on January 09, 2007