Financial news on June 11, 2007

Business and Financial news
Antihistamine Shows Promise in Treating Alzheimer’s

Dimebon, a drug long used as an antihistamine in Russia, is showing what some say are surprisingly strong results in treating Alzheimer’s disease. Read more..

By ANDREW POLLACK - The New York Times

A Publishing Quandary: Do Excerpts Help Sales?

Although excerpts from high-profile books routinely appear in national magazines, some publishers have been having second thoughts about the strategy. Read more..

By JOANNE KAUFMAN - The New York Times

At Creative Artists, a Bit of Blushing After a Corporate Kiss-Off

In the new Hollywood, agencies are finding it can be tougher to meet the needs of a corporate customer than to baby-sit for a temperamental star. Read more..

By MICHAEL CIEPLY - The New York Times

Awaiting Real Sales From Virtual Shoppers

Retailers and manufacturers are setting up shop in Second Life, the three-dimensional online world, hoping that users will steer their avatars to real world stores. Read more..

By BOB TEDESCHI - The New York Times

Call the Doctor

The controversy over the drug Avandia demonstrates how the Web seems better-suited to Paris Hilton than patient safety. Read more..

By DAVID CARR - The New York Times

Libby’s Supporters Who Wrote to Judge Learn That Letters Take on New Life on the Web

In what may be a sign of things to come, the lawyers for I. Lewis Libby Jr. last month invoked a rarely used courtroom tactic: the “bloggers can be mean” defense. Read more..

By NOAM COHEN - The New York Times

Nonorganic Exceptions Ruffle Enthusiasts of Organic Food

The Department of Agriculture is poised to approve a list of nonorganic ingredients that can be used in food stamped with an organic seal. Read more..

By ANDREW MARTIN - The New York Times

Putin Plays Down I.M.F. and W.T.O.

President Vladimir V. Putin of Russia called for a new global economic framework that would emphasize regional alliances. Read more..

By ANDREW E. KRAMER - The New York Times

Rolling Stone Finding Out Green Isn’t Green Enough

As Rolling Stone and other publications try to be green, they are drawing criticism from environmentalists who think they are not doing enough. Read more..

By ANDREW ADAM NEWMAN - The New York Times

When Lots of Money Makes You Feel Rich

People are sometimes more extravagant with currencies that have high face values. Read more..

By ALEX MINDLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 126,00 126,15 119,54 120,19 66.9M
Microsoft MSFT 29,94 30,25 29,93 30,02 48.5M
Intel INTC 21,75 22,08 21,69 21,93 42.2M
Pfizer PFE 26,45 26,54 26,31 26,37 27.5M
General Electric GE 37,22 37,62 37,05 37,46 26.5M
Oracle Corp. ORCL 18,93 19,32 18,90 19,21 25M
Cisco Systems CSCO 26,29 26,53 26,27 26,32 24.5M
AT&T Inc. T 40,15 40,47 39,88 40,12 18.3M
ExxonMobil XOM 82,68 83,85 82,34 83,06 16.6M
Comcast CMCSA 26,33 26,49 26,13 26,37 13.4M
Home Depot HD 37,78 37,83 37,62 37,71 13.3M
HP Inc. HPQ 45,80 46,29 45,46 45,89 12.8M
Wal-Mart Stores WMT 49,90 50,12 49,55 49,81 12.6M
Merck MRK 50,33 51,35 50,04 51,05 12.4M
JPMorgan Chase JPM 50,41 50,84 50,03 50,43 11.3M
Bristol-Myers Squibb BMY 29,32 29,38 28,99 29,18 11.2M
Amazon AMZN 73,00 73,05 71,00 71,17 11.2M
Verizon Communications VZ 42,95 43,61 42,88 43,51 11.1M
Coca-Cola KO 51,67 51,85 51,32 51,63 10.9M
ConocoPhillips COP 77,20 78,55 77,04 77,87 10.1M
Alphabet GOOGL 514,02 518,25 510,00 511,34 9.29M
Altria MO 70,25 70,50 69,76 70,22 9.09M
Johnson & Johnson JNJ 62,35 62,89 62,15 62,27 9.08M
Amgen AMGN 57,00 57,88 56,86 57,41 8.18M
Procter & Gamble PG 62,80 63,21 62,75 63,05 8.12M
International Business Machines IBM 102,87 104,00 102,50 103,22 7.9M
Walt Disney & Co. DIS 34,13 34,44 34,12 34,18 7.65M
Abbott Laboratories ABT 54,11 54,51 53,94 54,06 7.61M
Schlumberger SLB 78,26 81,12 78,26 80,18 7.17M
Wells Fargo & Co. WFC 35,27 35,69 35,21 35,48 7.01M
Chevron CVX 80,66 81,78 80,27 81,36 6.78M
McDonald's MCD 51,47 51,62 50,98 51,25 6.1M
Pepsico PEP 66,30 66,61 65,98 66,04 5.07M
UnitedHealth Group UNH 53,42 53,70 53,05 53,19 4.42M
Gilead Sciences GILD 78,63 80,26 78,51 79,22 3.45M
Boeing BA 98,25 98,79 97,42 97,55 3.35M
United Technologies UTX 70,20 70,30 69,51 70,18 3.2M
3M MMM 85,94 85,98 85,17 85,30 2.92M
Union Pacific UNP 116,40 116,75 115,66 115,67 1.51M
Berkshire Hathaway BRK.B 3612,00 3631,50 3612,00 3631,50 8K
Exchange Rates of June 11, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121,710 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,060 CAD 1 CAD = 0,944 USD
US Dollar Swiss Franc 1 USD = 1,238 CHF 1 CHF = 0,808 USD
US Dollar Chinese Yuan 1 USD = 7,665 CNY 1 CNY = 0,130 USD
Euro Japanese Yen 1 EUR = 162,590 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,678 GBP 1 GBP = 1,474 EUR
Euro Australian Dollar 1 EUR = 1,583 AUD 1 AUD = 0,632 EUR
Euro Canadian Dollar 1 EUR = 1,415 CAD 1 CAD = 0,707 EUR
Euro Swiss Franc 1 EUR = 1,654 CHF 1 CHF = 0,605 EUR
Japanese Yen Pound Sterling 1 JPY = 0,417 GBP 1 GBP = 2,399 JPY
Japanese Yen Australian Dollar 1 JPY = 0,973 AUD 1 AUD = 1,028 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,870 CAD 1 CAD = 1,149 JPY
Japanese Yen Swiss Franc 1 JPY = 1,017 CHF 1 CHF = 0,983 JPY
Pound Sterling Australian Dollar 1 GBP = 2,333 AUD 1 AUD = 0,429 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,087 CAD 1 CAD = 0,479 GBP
Pound Sterling Swiss Franc 1 GBP = 2,438 CHF 1 CHF = 0,410 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,894 CAD 1 CAD = 1,119 AUD
Australian Dollar Swiss Franc 1 AUD = 1,044 CHF 1 CHF = 0,958 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,168 CHF 1 CHF = 0,856 CAD

See what else happened on June 11, 2007