Financial news on October 9th, 2007
Business and Financial news
The Internet phone-calling pioneer came under fire from traditional phone companies that sought to shut it down, saying Vonage had infringed on their patents. Read more..
Symbion Health, the biggest health care company in Australia, agreed to be broken up and sold to Healthscope and two buyout companies for as much as 3.1 billion Australian dollars ($2.8 billion), reviving a plan blocked by its biggest shareholder ... Read more..
The Royal Bank of Scotland, Banco Santander and Fortis won control of ABN Amro, the biggest Dutch bank, after shareholders backed a buyout bid valued at $101 billion. Read more..
As another retailer, Stop & Shop, moved to discontinue film processing at its 300 stores last month, the nation’s new emphasis on digital processing is pronounced. Read more..
Andrew Witty was named GlaxoSmithKline’s new chief executive, ending a yearlong internal competition to succeed Jean-Pierre Garnier, who retires next year. Read more..
The environmental impact report’s approval is vital to the $20 billion project because it allows a series of multibillion-dollar loans to be exercised. Read more..
Registered Traveler programs are moving ahead slower than anticipated as the T.S.A. lags in approving technology that would speed up airport security checks. Read more..
America’s largest truck-leasing company said yesterday that its third-quarter earnings would be less than it forecast as demand fell for freight-hauling trucks. Read more..
Gary D. Forsee’s resignation came on the heels of news reports last week that the company’s board was seeking to replace him as early as December. Read more..
The fast-food giant said its third-quarter profit had risen 17 percent on the strength of surging sales in the international and China divisions. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.03 | 30.39 | 30.00 | 30.10 | 63.6M |
| Intel | INTC | 25.66 | 25.86 | 25.55 | 25.84 | 43.9M |
| Apple | AAPL | 170.20 | 171.11 | 166.68 | 167.86 | 39.4M |
| Cisco Systems | CSCO | 32.80 | 33.09 | 32.65 | 33.08 | 33M |
| Pfizer | PFE | 25.43 | 25.69 | 25.34 | 25.54 | 31.4M |
| Oracle Corp. | ORCL | 22.54 | 22.68 | 22.36 | 22.59 | 24.5M |
| General Electric | GE | 41.51 | 42.03 | 41.50 | 42.02 | 19.5M |
| Comcast | CMCSA | 23.84 | 24.03 | 23.72 | 23.90 | 18.5M |
| ExxonMobil | XOM | 90.99 | 92.78 | 90.99 | 92.67 | 17.6M |
| Alphabet | GOOGL | 615.11 | 623.78 | 608.39 | 615.19 | 17.5M |
| AT&T Inc. | T | 41.82 | 42.16 | 41.70 | 41.98 | 14.3M |
| Home Depot | HD | 33.91 | 34.00 | 33.42 | 33.80 | 14M |
| ConocoPhillips | COP | 84.78 | 86.32 | 84.44 | 85.88 | 13.7M |
| JPMorgan Chase | JPM | 47.59 | 47.70 | 46.99 | 47.57 | 13M |
| Wal-Mart Stores | WMT | 45.03 | 45.49 | 44.63 | 45.21 | 12.2M |
| Wells Fargo & Co. | WFC | 37.10 | 37.24 | 36.80 | 37.12 | 10.3M |
| Verizon Communications | VZ | 45.01 | 45.66 | 45.01 | 45.62 | 10.2M |
| HP Inc. | HPQ | 52.20 | 52.49 | 51.73 | 52.46 | 9.7M |
| Abbott Laboratories | ABT | 55.02 | 55.49 | 54.55 | 54.86 | 9.32M |
| Altria | MO | 69.42 | 70.10 | 69.11 | 69.93 | 9.02M |
| Chevron | CVX | 91.83 | 93.00 | 91.68 | 92.80 | 8.7M |
| Amgen | AMGN | 56.53 | 57.17 | 56.30 | 57.08 | 8.56M |
| Procter & Gamble | PG | 71.18 | 71.35 | 70.50 | 71.08 | 8.26M |
| Coca-Cola | KO | 57.60 | 57.88 | 57.30 | 57.88 | 8.14M |
| UnitedHealth Group | UNH | 47.79 | 48.50 | 47.76 | 48.49 | 7.99M |
| Schlumberger | SLB | 104.81 | 105.00 | 102.89 | 104.63 | 7.7M |
| Bristol-Myers Squibb | BMY | 29.97 | 30.18 | 29.64 | 29.85 | 7.7M |
| Johnson & Johnson | JNJ | 66.10 | 66.27 | 65.94 | 66.25 | 7.64M |
| Walt Disney & Co. | DIS | 35.16 | 35.45 | 35.10 | 35.45 | 7.27M |
| Amazon | AMZN | 96.59 | 96.73 | 94.75 | 95.32 | 7.14M |
| Pepsico | PEP | 73.40 | 73.69 | 72.93 | 73.21 | 7.02M |
| McDonald's | MCD | 57.02 | 57.46 | 56.70 | 57.38 | 6.46M |
| Merck | MRK | 53.21 | 53.96 | 53.08 | 53.63 | 6.35M |
| International Business Machines | IBM | 117.85 | 118.50 | 116.42 | 118.30 | 5.67M |
| Boeing | BA | 101.32 | 101.76 | 99.66 | 101.45 | 5.56M |
| Gilead Sciences | GILD | 41.50 | 42.12 | 41.43 | 42.09 | 4.83M |
| 3M | MMM | 94.87 | 96.00 | 94.85 | 95.62 | 3.46M |
| United Technologies | UTX | 80.30 | 81.46 | 80.20 | 81.20 | 2.96M |
| Union Pacific | UNP | 117.25 | 118.85 | 116.13 | 118.14 | 1.7M |
| Berkshire Hathaway | BRK.B | 4092.00 | 4124.00 | 4067.00 | 4089.00 | 20.2K |
Exchange Rates of October 9th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 117.090 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 0.981 CAD | 1 CAD = 1.019 USD |
| US Dollar | Swiss Franc | 1 USD = 1.183 CHF | 1 CHF = 0.845 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.517 CNY | 1 CNY = 0.133 USD |
| Euro | Japanese Yen | 1 EUR = 165.150 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.692 GBP | 1 GBP = 1.445 EUR |
| Euro | Australian Dollar | 1 EUR = 1.565 AUD | 1 AUD = 0.639 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.384 CAD | 1 CAD = 0.723 EUR |
| Euro | Swiss Franc | 1 EUR = 1.669 CHF | 1 CHF = 0.599 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.419 GBP | 1 GBP = 2.387 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.947 AUD | 1 AUD = 1.056 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.838 CAD | 1 CAD = 1.194 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.011 CHF | 1 CHF = 0.990 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.261 AUD | 1 AUD = 0.442 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.999 CAD | 1 CAD = 0.500 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.411 CHF | 1 CHF = 0.415 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.883 CAD | 1 CAD = 1.132 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.066 CHF | 1 CHF = 0.938 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.206 CHF | 1 CHF = 0.829 CAD |
See what else happened on October 9th, 2007