Financial news on January 10, 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..
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..
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..
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..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 22.57 | 22.70 | 22.20 | 22.54 | 81.2M |
| Microsoft | MSFT | 34.35 | 34.50 | 33.78 | 34.33 | 72.4M |
| Cisco Systems | CSCO | 26.06 | 26.45 | 25.80 | 26.24 | 55.3M |
| Pfizer | PFE | 23.97 | 24.21 | 23.61 | 24.08 | 54.6M |
| Apple | AAPL | 177.58 | 181.00 | 175.41 | 178.02 | 53M |
| General Electric | GE | 35.66 | 36.23 | 35.37 | 35.92 | 45.3M |
| Wells Fargo & Co. | WFC | 26.56 | 28.46 | 26.50 | 27.91 | 44.4M |
| Oracle Corp. | ORCL | 21.46 | 21.80 | 21.07 | 21.68 | 42.1M |
| JPMorgan Chase | JPM | 39.50 | 42.14 | 39.30 | 41.33 | 41.9M |
| AT&T Inc. | T | 38.70 | 39.67 | 38.17 | 39.40 | 35.7M |
| Wal-Mart Stores | WMT | 47.20 | 48.77 | 47.10 | 48.40 | 35.7M |
| ExxonMobil | XOM | 90.50 | 92.16 | 90.07 | 91.66 | 27.3M |
| HP Inc. | HPQ | 44.06 | 45.95 | 44.02 | 45.34 | 24.7M |
| Comcast | CMCSA | 17.01 | 17.35 | 16.64 | 17.22 | 23.8M |
| Verizon Communications | VZ | 42.21 | 43.87 | 41.90 | 43.45 | 23M |
| Abbott Laboratories | ABT | 59.48 | 61.09 | 59.32 | 60.11 | 17.6M |
| Bristol-Myers Squibb | BMY | 26.93 | 27.20 | 26.80 | 26.93 | 17.4M |
| ConocoPhillips | COP | 83.03 | 84.26 | 82.72 | 83.90 | 17.3M |
| Home Depot | HD | 24.51 | 25.71 | 24.35 | 25.28 | 16.1M |
| Coca-Cola | KO | 64.88 | 65.59 | 64.71 | 65.56 | 14.5M |
| Chevron | CVX | 91.76 | 92.10 | 90.14 | 91.90 | 13.8M |
| Merck | MRK | 60.17 | 60.75 | 59.75 | 60.47 | 13.7M |
| Johnson & Johnson | JNJ | 67.43 | 68.23 | 67.35 | 67.91 | 13M |
| Procter & Gamble | PG | 72.50 | 72.85 | 72.07 | 72.48 | 13M |
| Altria | MO | 78.86 | 79.20 | 78.15 | 78.82 | 12.8M |
| Alphabet | GOOGL | 645.01 | 657.20 | 640.11 | 646.73 | 12.7M |
| Walt Disney & Co. | DIS | 30.04 | 30.94 | 29.90 | 30.67 | 12.2M |
| Amazon | AMZN | 83.98 | 85.97 | 82.97 | 84.26 | 11.6M |
| McDonald's | MCD | 57.64 | 58.49 | 56.96 | 58.17 | 10.8M |
| International Business Machines | IBM | 97.39 | 100.86 | 97.15 | 99.92 | 10.6M |
| Schlumberger | SLB | 97.11 | 97.94 | 95.19 | 97.09 | 10.3M |
| Gilead Sciences | GILD | 48.26 | 48.92 | 47.51 | 48.22 | 9.58M |
| Boeing | BA | 80.50 | 83.19 | 79.86 | 82.36 | 9.41M |
| Amgen | AMGN | 47.44 | 47.78 | 47.09 | 47.56 | 8.82M |
| Pepsico | PEP | 78.64 | 79.79 | 78.22 | 79.57 | 7.87M |
| United Technologies | UTX | 71.56 | 72.77 | 70.03 | 72.39 | 7.13M |
| 3M | MMM | 79.75 | 80.71 | 79.02 | 80.21 | 6.84M |
| UnitedHealth Group | UNH | 55.91 | 56.28 | 55.07 | 56.09 | 6.41M |
| Union Pacific | UNP | 113.38 | 118.48 | 111.10 | 116.85 | 2.87M |
| Berkshire Hathaway | BRK.B | 4328.00 | 4495.00 | 4250.00 | 4461.00 | 26.4K |
Exchange Rates of January 10, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 109.300 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.010 CAD | 1 CAD = 0.990 USD |
| US Dollar | Swiss Franc | 1 USD = 1.103 CHF | 1 CHF = 0.907 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.271 CNY | 1 CNY = 0.138 USD |
| Euro | Japanese Yen | 1 EUR = 161.830 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.755 GBP | 1 GBP = 1.325 EUR |
| Euro | Australian Dollar | 1 EUR = 1.653 AUD | 1 AUD = 0.605 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.495 CAD | 1 CAD = 0.669 EUR |
| Euro | Swiss Franc | 1 EUR = 1.633 CHF | 1 CHF = 0.612 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.466 GBP | 1 GBP = 2.145 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.021 AUD | 1 AUD = 0.980 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.923 CAD | 1 CAD = 1.083 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.009 CHF | 1 CHF = 0.991 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.190 AUD | 1 AUD = 0.457 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 1.981 CAD | 1 CAD = 0.505 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.163 CHF | 1 CHF = 0.462 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.904 CAD | 1 CAD = 1.106 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.987 CHF | 1 CHF = 1.013 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.092 CHF | 1 CHF = 0.916 CAD |
See what else happened on January 10, 2008