Financial news on January 10th, 2008

Business and Financial news
Bank of England Resists Calls for a Rate Cut

Despite calls from politicians and businesses that it cut borrowing costs among fears of slowing growth in Britain, the central bank left its benchmark rate unchanged. Read more..

By JULIA WERDIGIER - The New York Times

Same Old Electronics Show, With Some Intriguing New Ideas

This year’s Consumer Electronics Show looked and felt much the same as last year’s. Read more..

By DAVID POGUE - The New York Times

Two Drives Team Up to Save a Network’s Data. (If They Run Into Trouble, They’ll Let You Know.)

The ReadyNAS Duo is part of the home or office network, so it can be reached by all of the network’s PCs or media players. Read more..

By MARTY KATZ - The New York Times

Weak December Sales for Retailers

The nation’s big retail chains, a closely watched barometer of economic health, reported dreary December sales, which may stoke fears of a recessionary downtown. Read more..

By MICHAEL BARBARO - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO26.0626.4525.8026.2455.3M
General ElectricGE35.6636.2335.3735.9245.3M
Wells Fargo & Co.WFC26.5628.4626.5027.9144.4M
Oracle Corp.ORCL21.4621.8021.0721.6842.1M
JPMorgan ChaseJPM39.5042.1439.3041.3341.9M
AT&T Inc.T38.7039.6738.1739.4035.7M
Wal-Mart StoresWMT47.2048.7747.1048.4035.7M
HP Inc.HPQ44.0645.9544.0245.3424.7M
Verizon CommunicationsVZ42.2143.8741.9043.4523M
Abbott LaboratoriesABT59.4861.0959.3260.1117.6M
Bristol-Myers SquibbBMY26.9327.2026.8026.9317.4M
Home DepotHD24.5125.7124.3525.2816.1M
Johnson & JohnsonJNJ67.4368.2367.3567.9113M
Procter & GamblePG72.5072.8572.0772.4813M
Walt Disney & Co.DIS30.0430.9429.9030.6712.2M
International Business MachinesIBM97.39100.8697.1599.9210.6M
Gilead SciencesGILD48.2648.9247.5148.229.58M
United TechnologiesUTX71.5672.7770.0372.397.13M
UnitedHealth GroupUNH55.9156.2855.0756.096.41M
Union PacificUNP113.38118.48111.10116.852.87M
Berkshire HathawayBRK.B4328.004495.004250.004461.0026.4K
Exchange Rates of January 10th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 109.300 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.010 CAD1 CAD = 0.990 USD
US DollarSwiss Franc1 USD = 1.103 CHF1 CHF = 0.907 USD
US DollarChinese Yuan1 USD = 7.271 CNY1 CNY = 0.138 USD
EuroJapanese Yen1 EUR = 161.830 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.755 GBP1 GBP = 1.325 EUR
EuroAustralian Dollar1 EUR = 1.653 AUD1 AUD = 0.605 EUR
EuroCanadian Dollar1 EUR = 1.495 CAD1 CAD = 0.669 EUR
EuroSwiss Franc1 EUR = 1.633 CHF1 CHF = 0.612 EUR
Japanese YenPound Sterling1 JPY = 0.466 GBP1 GBP = 2.145 JPY
Japanese YenAustralian Dollar1 JPY = 1.021 AUD1 AUD = 0.980 JPY
Japanese YenCanadian Dollar1 JPY = 0.923 CAD1 CAD = 1.083 JPY
Japanese YenSwiss Franc1 JPY = 1.009 CHF1 CHF = 0.991 JPY
Pound SterlingAustralian Dollar1 GBP = 2.190 AUD1 AUD = 0.457 GBP
Pound SterlingCanadian Dollar1 GBP = 1.981 CAD1 CAD = 0.505 GBP
Pound SterlingSwiss Franc1 GBP = 2.163 CHF1 CHF = 0.462 GBP
Australian DollarCanadian Dollar1 AUD = 0.904 CAD1 CAD = 1.106 AUD
Australian DollarSwiss Franc1 AUD = 0.987 CHF1 CHF = 1.013 AUD
Canadian DollarSwiss Franc1 CAD = 1.092 CHF1 CHF = 0.916 CAD

See what else happened on January 10th, 2008