Financial news on July 11, 2007

Business and Financial news
2 Investors Discuss Partial Purchase With Dow Jones Board

Dow Jones & Company board members met with Ronald W. Burkle and Brad Greenspan, who are interested in buying a piece of the company. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Can’t Sell Your Home? Maybe It’s Priced Too Low

Even as foreclosures rise and overall sales plummet, more expensive homes have staged a bit of a comeback. Read more..

By DAVID LEONHARDT - The New York Times

China June Trade Surplus Renews Currency Pressure

The politically sensitive Chinese trade surplus surged to a record $26.9 billion in June, potentially heightening tensions with the United States. Read more..

By JOSEPH KAHN - The New York Times

China Quick to Execute Drug Official

The execution was meant to show that Beijing is serious about improving the safety of Chinese products. Read more..

By JOSEPH KAHN - The New York Times

Digital Music Group Plans to Merge With the Orchard

The merger will give the Orchard a foothold in the online video distribution business, as well as the ability to raise money in the public markets. Read more..

By ROBERT LEVINE - The New York Times

Entrepreneurship: The All in the Family Edition

What you really need to do in order to be a successful entrepreneur is have a child. (Or two.) Read more..

By PAUL B. BROWN - The New York Times

Frenchman Gets Backing for I.M.F. Post

The European Union broadly backed Dominique Strauss-Kahn as the next head of the International Monetary Fund. Yet Britain said the race remained open. Read more..

By DAN BILEFSKY - The New York Times

Grand Rapids Lays Foundations for a Health Mecca

Grand Rapids, Mich., is seeing a boom in medical research, training and patient facility construction that health executives and city officials hope will sustain its culture and economy. Read more..

By KEITH SCHNEIDER - The New York Times

Men Are From Mars, Women Are From Business

Do women, especially mothers, have advantages over men in the small-business world? Read more..

By BRENT BOWERS - The New York Times

Still (Digitally) Divided

When it comes to high-speed Internet access, the Golden State remains divided — between rural and urban dweller and between wealthy and lower-income resident, according to a study tonight by the Public Policy Institute of California, a non-profit organization. Read more..

By MATT RICHTEL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.82 24.90 24.45 24.57 56.1M
Microsoft MSFT 29.24 29.65 29.21 29.49 48M
Pfizer PFE 25.51 25.72 25.38 25.45 43.9M
Cisco Systems CSCO 28.14 28.80 28.13 28.76 42.4M
General Electric GE 37.80 38.24 37.73 38.20 33.3M
Oracle Corp. ORCL 19.77 20.00 19.72 19.98 29.8M
Apple AAPL 132.07 133.70 131.31 132.39 29.3M
JPMorgan Chase JPM 47.52 48.44 47.12 48.13 27.2M
AT&T Inc. T 39.55 39.85 39.12 39.81 23.4M
ConocoPhillips COP 84.68 86.23 84.58 85.59 23.4M
Home Depot HD 40.23 40.76 40.14 40.48 20.8M
ExxonMobil XOM 86.40 87.38 85.90 87.29 20.3M
HP Inc. HPQ 44.80 45.65 44.69 45.65 18.2M
Comcast CMCSA 27.50 27.75 27.47 27.75 18.1M
Abbott Laboratories ABT 52.87 53.31 52.53 53.21 16.5M
Wells Fargo & Co. WFC 34.40 35.00 34.34 34.92 16.3M
Verizon Communications VZ 40.35 41.00 40.03 40.80 14.4M
Merck MRK 48.50 49.15 48.43 48.90 13.8M
Wal-Mart Stores WMT 47.70 47.89 47.23 47.68 13.7M
UnitedHealth Group UNH 51.43 51.90 51.15 51.41 13M
Chevron CVX 89.48 90.87 88.71 90.75 12.2M
Amgen AMGN 54.53 55.22 54.34 55.13 12.2M
Procter & Gamble PG 61.06 61.67 60.89 61.56 12.1M
Bristol-Myers Squibb BMY 30.88 31.65 30.88 31.62 11.9M
Johnson & Johnson JNJ 62.20 62.99 62.15 62.86 11.1M
Walt Disney & Co. DIS 33.76 34.01 33.67 33.98 9.84M
Schlumberger SLB 86.77 87.86 86.11 87.00 9.11M
Gilead Sciences GILD 39.75 40.00 39.41 39.72 7.89M
Altria MO 70.50 71.08 70.43 70.89 7.44M
Alphabet GOOGL 543.61 546.50 540.01 544.47 6.61M
Amazon AMZN 70.58 71.65 70.15 70.73 6.59M
Coca-Cola KO 52.01 52.27 51.80 52.09 6.09M
International Business Machines IBM 108.30 109.60 108.25 109.10 5.89M
Pepsico PEP 65.58 66.21 65.47 66.11 4.93M
Boeing BA 100.48 100.83 99.56 100.12 4.61M
United Technologies UTX 72.06 73.00 71.99 73.00 4.39M
McDonald's MCD 50.23 50.88 50.23 50.72 4.31M
3M MMM 87.22 88.27 87.07 87.88 2.57M
Union Pacific UNP 114.77 117.84 114.71 117.75 2.42M
Berkshire Hathaway BRK.B 3709.00 3709.00 3671.00 3690.00 6.1K
Exchange Rates of July 11, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 122.480 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.054 CAD 1 CAD = 0.948 USD
US Dollar Swiss Franc 1 USD = 1.206 CHF 1 CHF = 0.829 USD
US Dollar Chinese Yuan 1 USD = 7.563 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 168.360 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.676 GBP 1 GBP = 1.479 EUR
Euro Australian Dollar 1 EUR = 1.593 AUD 1 AUD = 0.628 EUR
Euro Canadian Dollar 1 EUR = 1.449 CAD 1 CAD = 0.690 EUR
Euro Swiss Franc 1 EUR = 1.658 CHF 1 CHF = 0.603 EUR
Japanese Yen Pound Sterling 1 JPY = 0.401 GBP 1 GBP = 2.491 JPY
Japanese Yen Australian Dollar 1 JPY = 0.946 AUD 1 AUD = 1.057 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.860 CAD 1 CAD = 1.162 JPY
Japanese Yen Swiss Franc 1 JPY = 0.985 CHF 1 CHF = 1.016 JPY
Pound Sterling Australian Dollar 1 GBP = 2.356 AUD 1 AUD = 0.424 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.143 CAD 1 CAD = 0.467 GBP
Pound Sterling Swiss Franc 1 GBP = 2.451 CHF 1 CHF = 0.408 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.909 CAD 1 CAD = 1.100 AUD
Australian Dollar Swiss Franc 1 AUD = 1.040 CHF 1 CHF = 0.961 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.144 CHF 1 CHF = 0.874 CAD

See what else happened on July 11, 2007