Financial news on August 10, 2007
Business and Financial news
BNP Paribas suspended operations of three funds over concerns about the drying up of credit. Read more..
Applied Digital Solutions, maker of radio identification tags, said Thursday that it intended to acquire complete ownership of a subsidiary. Read more..
On Thursday, stocks on Wall Street suffered their biggest one-day decline since February. Indexes fell more than 2 percent across Asia in early trading today. Read more..
Exposure at Goldman Sachs to volatile fixed-income markets may well make the bank the latest symbol of overreaching on Wall Street. Read more..
For most of President Bush’s time in office, spending on research and development has been steadily declining. Read more..
After a sell-off early in the session, stocks recovered most of their losses. The ups and downs pointed to continued concerns over the credit squeeze. Read more..
Stocks dropped sharply as soon as trading opened today after a French bank, BNP Paribas, suspended operations of three of its funds in the wake of turmoil in the American market for home loans. Read more..
Behind what seemed like a well-orchestrated triumph in the apparent deal to sell Barneys New York was a bitter rift between the C.E.O. and board of its owner, Jones Apparel Group. Read more..
The medical equipment maker said it will sell Advanced Bionics to avoid future payouts that could have amounted to $2.6 billion over the next six years. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
General Electric | GE | 38.50 | 38.63 | 37.19 | 38.23 | 85.6M |
Cisco Systems | CSCO | 31.00 | 31.50 | 30.84 | 31.39 | 83M |
Microsoft | MSFT | 28.90 | 29.05 | 28.26 | 28.71 | 76.6M |
Intel | INTC | 23.85 | 24.34 | 23.50 | 23.98 | 68.8M |
Apple | AAPL | 123.12 | 127.75 | 120.30 | 125.00 | 50.4M |
Pfizer | PFE | 24.00 | 24.09 | 23.75 | 23.99 | 49.9M |
Oracle Corp. | ORCL | 19.71 | 20.25 | 19.67 | 19.99 | 36.8M |
ExxonMobil | XOM | 82.51 | 85.15 | 82.10 | 84.51 | 32.8M |
JPMorgan Chase | JPM | 43.36 | 44.80 | 42.51 | 44.25 | 32.5M |
Comcast | CMCSA | 24.90 | 25.64 | 24.19 | 25.44 | 29.2M |
AT&T Inc. | T | 39.05 | 39.29 | 38.19 | 38.87 | 25.4M |
Wells Fargo & Co. | WFC | 33.51 | 34.89 | 33.50 | 34.40 | 24.8M |
ConocoPhillips | COP | 77.50 | 78.80 | 76.00 | 78.21 | 22.2M |
Home Depot | HD | 35.78 | 36.27 | 35.30 | 35.92 | 22M |
Wal-Mart Stores | WMT | 46.21 | 47.27 | 45.70 | 46.07 | 21.7M |
Verizon Communications | VZ | 41.60 | 42.00 | 40.77 | 41.33 | 18.8M |
HP Inc. | HPQ | 46.56 | 48.19 | 46.48 | 47.21 | 18.3M |
Procter & Gamble | PG | 64.31 | 65.89 | 64.28 | 65.39 | 17.2M |
Altria | MO | 67.21 | 67.65 | 65.79 | 67.39 | 17M |
Bristol-Myers Squibb | BMY | 27.52 | 28.99 | 27.51 | 28.82 | 16.8M |
Abbott Laboratories | ABT | 54.88 | 55.50 | 52.73 | 55.22 | 16M |
Johnson & Johnson | JNJ | 60.70 | 61.42 | 60.50 | 61.15 | 15.7M |
Walt Disney & Co. | DIS | 32.57 | 33.42 | 32.07 | 33.16 | 15.4M |
Merck | MRK | 51.44 | 51.70 | 50.05 | 50.88 | 15.3M |
Coca-Cola | KO | 55.40 | 56.13 | 54.10 | 54.98 | 14.9M |
Amgen | AMGN | 50.37 | 50.92 | 49.71 | 50.08 | 14.4M |
Chevron | CVX | 80.14 | 83.73 | 79.41 | 83.42 | 13.3M |
UnitedHealth Group | UNH | 46.40 | 48.07 | 46.05 | 47.48 | 11.9M |
Alphabet | GOOGL | 510.18 | 518.72 | 505.63 | 515.75 | 11.7M |
Boeing | BA | 96.95 | 98.51 | 94.00 | 98.44 | 11.4M |
Schlumberger | SLB | 89.99 | 93.12 | 88.50 | 92.10 | 10.5M |
International Business Machines | IBM | 109.75 | 113.50 | 109.70 | 112.64 | 9.59M |
Amazon | AMZN | 73.15 | 76.50 | 72.37 | 74.78 | 9.07M |
McDonald's | MCD | 49.65 | 49.93 | 48.59 | 49.41 | 8.51M |
Gilead Sciences | GILD | 36.88 | 37.80 | 36.49 | 37.06 | 8.17M |
Pepsico | PEP | 67.68 | 68.63 | 67.20 | 67.95 | 7.65M |
3M | MMM | 86.36 | 86.69 | 84.76 | 85.97 | 5.88M |
United Technologies | UTX | 71.46 | 73.68 | 71.07 | 73.08 | 5.87M |
Union Pacific | UNP | 115.50 | 117.37 | 113.01 | 116.65 | 4.11M |
Berkshire Hathaway | BRK.B | 3600.00 | 3636.00 | 3590.00 | 3625.00 | 23.5K |
Exchange Rates of August 10, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 118.390 JPY | 1 JPY = 0.008 USD |
US Dollar | Canadian Dollar | 1 USD = 1.053 CAD | 1 CAD = 0.950 USD |
US Dollar | Swiss Franc | 1 USD = 1.199 CHF | 1 CHF = 0.834 USD |
US Dollar | Chinese Yuan | 1 USD = 7.574 CNY | 1 CNY = 0.132 USD |
Euro | Japanese Yen | 1 EUR = 162.120 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.677 GBP | 1 GBP = 1.478 EUR |
Euro | Australian Dollar | 1 EUR = 1.622 AUD | 1 AUD = 0.617 EUR |
Euro | Canadian Dollar | 1 EUR = 1.442 CAD | 1 CAD = 0.694 EUR |
Euro | Swiss Franc | 1 EUR = 1.641 CHF | 1 CHF = 0.609 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.417 GBP | 1 GBP = 2.398 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.000 AUD | 1 AUD = 1.000 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.889 CAD | 1 CAD = 1.125 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.012 CHF | 1 CHF = 0.988 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.397 AUD | 1 AUD = 0.417 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.130 CAD | 1 CAD = 0.469 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.425 CHF | 1 CHF = 0.412 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.888 CAD | 1 CAD = 1.126 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 1.011 CHF | 1 CHF = 0.989 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.138 CHF | 1 CHF = 0.879 CAD |
See what else happened on August 10, 2007