Financial news on January 11, 2007

Business and Financial news
3 at Florida-Based Hedge Fund Accused of Misleading Investors

The three principals of the KL Group were accused of orchestrating an extensive fraud that raised more than $194 million from at least 250 investors. Read more..

By JULIE CRESWELL - The New York Times

A New Focus on Delta Air as Deal Bait

US Airways increased its bid for Delta to about $10.3 billion. Hours later, Northwest Airlines emerged as a potential suitor. Read more..

By JEFF BAILEY - The New York Times

A Shuffle at Paramount, and More to Come

The departure of Paramount Pictures president, Gail Berman, carried a message that the turmoil at the studio is not over. Read more..

By LAURA M. HOLSON and SHARON WAXMAN - The New York Times

EMI Group Said to Dismiss Its Music Chief

EMI Group is said to have sacked its recorded music chief, Alain Levy, ahead of a reorganization aimed at reviving the flagging company. Read more..

By JEFF LEEDS - The New York Times

It’s a Still Camera. No, a Camcorder. No Need to Choose Because It’s Both.

The Canon DC50 digital camera has a 10x zoom lens and includes both a built-in flash and video light. Read more..

By MARTY KATZ - The New York Times

Large Beasts, Mean Weapons and a Terrifying Judge

The animated cinematic sequences in Lost Planet: Extreme Condition are slickly produced and well acted but not remotely engaging. Read more..

By CHARLES HEROLD - The New York Times

The Computer With a TV, and a Family's Virtual Bulletin Board

The notion of a computer at the heart of every home gets a little bump with the multitasking Hewlett-Packard's $1,800 TouchSmart PC. Read more..

By MARTY KATZ - The New York Times

Trade Deficit Drops for Third Consecutive Month

Despite the improvement, the U.S. is on track to end 2006 with a record trade imbalance, eclipsing the $716.7 billion deficit in 2005. Read more..

By JEREMY W. PETERS - The New York Times

Um, Uh, Like Call in the Speech Coach

Good voice and presentation skills can help entrepreneurs come into their own and even compete against larger competitors with big marketing budgets. Read more..

By HILLARY CHURA - The New York Times

Wonder Where You Wander? This Mobile Phone Can Tell You

Thanks to cellphones, friends and relations can find you anywhere in the world. But can you find yourself? Read more..

By JOHN BIGGS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.76 30.75 29.65 30.70 99.5M
Intel INTC 21.61 22.05 21.03 21.92 99.3M
Oracle Corp. ORCL 17.79 17.81 17.35 17.39 65.4M
Cisco Systems CSCO 28.77 28.99 28.61 28.69 54.6M
Apple AAPL 95.94 96.78 95.10 95.80 51.4M
ConocoPhillips COP 64.00 64.44 61.59 61.82 43.3M
Pfizer PFE 26.02 26.51 25.78 26.46 37.2M
General Electric GE 37.56 37.96 37.42 37.92 30.8M
ExxonMobil XOM 72.10 72.85 70.77 70.98 29.2M
AT&T Inc. T 34.09 34.52 33.60 34.49 24.3M
Wal-Mart Stores WMT 47.27 47.73 47.21 47.60 14.8M
Alphabet GOOGL 497.20 501.75 496.18 499.72 14.4M
Schlumberger SLB 57.30 58.66 56.31 56.52 14.2M
Altria MO 89.42 90.50 89.35 89.40 14M
Abbott Laboratories ABT 50.44 50.98 50.17 50.35 12.6M
Chevron CVX 69.32 71.14 68.48 68.69 12.4M
Walt Disney & Co. DIS 34.59 35.03 34.45 34.99 12.4M
Home Depot HD 39.65 40.19 39.65 40.08 12.1M
HP Inc. HPQ 42.33 42.79 41.95 42.64 11.8M
Comcast CMCSA 42.90 43.06 42.71 42.95 10.2M
Verizon Communications VZ 36.71 37.21 36.50 37.11 9.74M
Bristol-Myers Squibb BMY 26.50 26.57 25.98 26.54 8.27M
JPMorgan Chase JPM 48.00 48.42 47.94 48.31 8.05M
International Business Machines IBM 99.85 99.90 98.50 98.65 8M
Merck MRK 44.25 44.60 43.92 44.26 7.68M
Wells Fargo & Co. WFC 35.54 35.64 35.45 35.54 7.09M
Pepsico PEP 64.20 65.06 64.20 64.95 6.91M
Amgen AMGN 71.16 72.21 70.74 71.91 6.87M
Procter & Gamble PG 64.16 64.80 64.10 64.64 6.59M
Amazon AMZN 37.17 38.00 37.17 37.40 6.47M
Johnson & Johnson JNJ 66.40 66.84 66.28 66.73 6.37M
McDonald's MCD 44.22 44.60 44.11 44.51 5.63M
Coca-Cola KO 48.75 48.87 48.60 48.74 5.5M
UnitedHealth Group UNH 53.11 54.50 52.95 54.45 5.49M
United Technologies UTX 62.99 63.95 62.72 63.70 5.01M
Gilead Sciences GILD 64.99 66.25 64.71 66.24 4.42M
Boeing BA 88.97 89.27 88.32 88.84 4.05M
3M MMM 77.94 79.03 77.88 78.65 2.37M
Union Pacific UNP 90.23 90.96 90.23 90.50 2.17M
Berkshire Hathaway BRK.B 3654.00 3670.00 3650.00 3670.00 11.4K
Exchange Rates of January 11, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120.490 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.178 CAD 1 CAD = 0.849 USD
US Dollar Swiss Franc 1 USD = 1.250 CHF 1 CHF = 0.800 USD
US Dollar Chinese Yuan 1 USD = 7.795 CNY 1 CNY = 0.128 USD
Euro Japanese Yen 1 EUR = 155.340 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.663 GBP 1 GBP = 1.509 EUR
Euro Australian Dollar 1 EUR = 1.651 AUD 1 AUD = 0.606 EUR
Euro Canadian Dollar 1 EUR = 1.518 CAD 1 CAD = 0.659 EUR
Euro Swiss Franc 1 EUR = 1.611 CHF 1 CHF = 0.621 EUR
Japanese Yen Pound Sterling 1 JPY = 0.426 GBP 1 GBP = 2.345 JPY
Japanese Yen Australian Dollar 1 JPY = 1.062 AUD 1 AUD = 0.942 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.977 CAD 1 CAD = 1.024 JPY
Japanese Yen Swiss Franc 1 JPY = 1.037 CHF 1 CHF = 0.964 JPY
Pound Sterling Australian Dollar 1 GBP = 2.491 AUD 1 AUD = 0.402 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.291 CAD 1 CAD = 0.436 GBP
Pound Sterling Swiss Franc 1 GBP = 2.430 CHF 1 CHF = 0.411 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.919 CAD 1 CAD = 1.088 AUD
Australian Dollar Swiss Franc 1 AUD = 0.975 CHF 1 CHF = 1.025 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.061 CHF 1 CHF = 0.943 CAD

See what else happened on January 11, 2007