Financial news on October 11, 2007

Business and Financial news
Google Founders Pick Up Another Big Plane

Google’s billionaire founders, owners of a Boeing 767 that has been the talk of Silicon Valley, are apparently adding another unusually large private jet to their fleet: a Boeing 757. Read more..

By MIGUEL HELFT - The New York Times

Google, Mozilla and the Open-Source Phone

The rise of open-source cellphone software will challenge wireless handset makers and carriers. Read more..

By SAUL HANSELL - The New York Times

Iron Mine Operator Bids for Rival

Murchison Metals bid as much as 986 million Australian dollars ($882 million) in stock for the Midwest Corporation to secure the right to build a port needed for its iron ore mine. The bid values Midwest at 4.70 Australian dollars a share, 34 perc... Read more..

By BLOOMBERG NEWS - The New York Times

Making a Treo Sing With Opera

How hard is it to get the Opera browser on my Treo? Is it worth it? Read more..

By J. D. BIERSDORFER - The New York Times

(Mostly) Good Things in a Small Package

Palm creates a new smartphone by shaving a few doodads off the Treo. Read more..

By DAVID POGUE - The New York Times

Pension Fund Sues Mattel on Toy Recalls

The suit asserts that the company breached its duty to shareholders by mishandling product safety procedures responsible for three toy recalls during the summer. Read more..

By LOUISE STORY - The New York Times

Plasma TVs: The SUVs of the Living Room

When the Australian government wanted to create a six-star system to rate the energy efficiency of television sets, it found that most of the big plasma sets wouldn’t meet its minimum requirements. Read more..

By SAUL HANSELL - The New York Times

Retailers Lower Forecasts After Sales Reports

Retailers appear to be in for a rough fall, as big chain stores today reported bleak September same-store sales. Read more..

By MICHAEL BARBARO - The New York Times

Stock Sales by Chief of Lender Questioned

The S.E.C. has been asked to investigate stock sales by Angelo R. Mozilo, Countrywide’s chief executive, before its shares plummeted amid the deepening mortgage crisis. Read more..

By GRETCHEN MORGENSON - The New York Times

The Pros and Cons of the LG8700 Cellphone

David Pogue reviews his own cellphone, the LG8700, offered by Verizon. Read more..

By DAVID POGUE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 25,90 26,18 25,16 25,43 91.3M
Apple AAPL 169,49 171,88 153,21 162,23 58.7M
Microsoft MSFT 30,31 30,63 29,79 29,91 50.8M
Cisco Systems CSCO 33,38 33,60 32,60 32,80 45.2M
Wal-Mart Stores WMT 47,35 47,70 46,72 46,90 41.1M
Oracle Corp. ORCL 22,95 23,00 22,39 22,46 35.1M
Pfizer PFE 25,57 25,64 25,35 25,45 31.4M
General Electric GE 41,95 42,09 41,37 41,60 29.7M
JPMorgan Chase JPM 47,01 47,62 46,53 46,66 27.9M
Abbott Laboratories ABT 53,30 53,62 52,44 53,36 23.6M
Alphabet GOOGL 633,64 641,41 609,00 622,00 23.6M
ExxonMobil XOM 93,60 95,07 91,87 92,66 20.9M
AT&T Inc. T 42,00 42,57 41,50 41,61 20.5M
Home Depot HD 33,70 34,25 33,22 33,43 17.1M
Wells Fargo & Co. WFC 36,66 37,00 35,98 36,32 16.3M
ConocoPhillips COP 87,08 87,77 85,00 85,72 15.2M
Boeing BA 99,50 99,58 94,96 96,26 13.2M
Verizon Communications VZ 45,63 46,24 45,44 45,68 13.2M
International Business Machines IBM 118,99 121,46 117,37 118,05 13M
Pepsico PEP 73,80 74,10 70,82 71,77 12.4M
HP Inc. HPQ 52,48 52,64 51,16 51,61 11M
Schlumberger SLB 109,10 111,24 106,66 108,58 10.5M
Johnson & Johnson JNJ 65,98 66,23 65,83 65,95 10.4M
UnitedHealth Group UNH 49,54 49,60 49,20 49,34 10.1M
Amazon AMZN 95,33 95,74 88,13 89,34 9.82M
Comcast CMCSA 23,72 24,01 23,50 23,68 9.67M
Procter & Gamble PG 71,65 71,98 71,41 71,77 9.2M
Chevron CVX 92,52 92,82 90,16 91,00 9.18M
Amgen AMGN 57,84 58,31 57,63 57,83 8.96M
Bristol-Myers Squibb BMY 29,91 29,97 29,39 29,50 8.46M
McDonald's MCD 57,31 57,42 55,95 56,25 7.97M
Gilead Sciences GILD 43,25 43,53 42,14 42,32 7.86M
Altria MO 70,00 70,04 69,41 69,95 7.49M
Merck MRK 53,08 53,69 52,78 53,04 7.45M
Coca-Cola KO 58,00 58,18 56,92 57,19 6.48M
Walt Disney & Co. DIS 35,50 35,63 34,90 35,01 6.11M
United Technologies UTX 80,86 81,20 78,64 79,25 4.73M
3M MMM 96,10 96,49 93,92 94,36 3.68M
Union Pacific UNP 118,18 119,46 116,00 118,40 2.16M
Berkshire Hathaway BRK.B 4160,00 4210,00 4154,00 4195,00 12.9K
Exchange Rates of October 11, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117,300 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 0,976 CAD 1 CAD = 1,025 USD
US Dollar Swiss Franc 1 USD = 1,181 CHF 1 CHF = 0,846 USD
US Dollar Chinese Yuan 1 USD = 7,505 CNY 1 CNY = 0,133 USD
Euro Japanese Yen 1 EUR = 166,590 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,698 GBP 1 GBP = 1,432 EUR
Euro Australian Dollar 1 EUR = 1,576 AUD 1 AUD = 0,635 EUR
Euro Canadian Dollar 1 EUR = 1,385 CAD 1 CAD = 0,722 EUR
Euro Swiss Franc 1 EUR = 1,678 CHF 1 CHF = 0,596 EUR
Japanese Yen Pound Sterling 1 JPY = 0,419 GBP 1 GBP = 2,387 JPY
Japanese Yen Australian Dollar 1 JPY = 0,946 AUD 1 AUD = 1,058 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,831 CAD 1 CAD = 1,203 JPY
Japanese Yen Swiss Franc 1 JPY = 1,007 CHF 1 CHF = 0,993 JPY
Pound Sterling Australian Dollar 1 GBP = 2,257 AUD 1 AUD = 0,443 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,984 CAD 1 CAD = 0,504 GBP
Pound Sterling Swiss Franc 1 GBP = 2,402 CHF 1 CHF = 0,416 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,879 CAD 1 CAD = 1,138 AUD
Australian Dollar Swiss Franc 1 AUD = 1,064 CHF 1 CHF = 0,940 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,211 CHF 1 CHF = 0,826 CAD

See what else happened on October 11, 2007