Financial news on September 11, 2007

Business and Financial news
Memo Pad

FULL PLANES The 10 largest domestic carriers posted average load factors of about 85 percent in August. Load factor is the percentage of available seats occupied by paying passengers. Load factors exceeding 80 percent indicate that all seats were ... Read more..

By JOE SHARKEY - The New York Times

OPEC Agrees to Increase Oil Output

OPEC said it will increase production by 500,000 barrels a day, but oil futures nonetheless surged to a record close. Read more..

By JAD MOUAWAD - The New York Times

Redefining the Architecture of Memory

If an idea being kicked around in an I.B.M. lab is correct, electronic devices could potentially hold 10 to 100 times more data in the same amount of space. Read more..

By JOHN MARKOFF - The New York Times

Utility Will Use Batteries to Store Wind Power

American Electric Power, a coal-burning utility company that is looking for ways to connect more wind power to its grid, plans to install huge banks of high-technology batteries. Read more..

By MATTHEW L. WALD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE39.2039.7439.0539.5033.9M
Home DepotHD34.0034.9033.8534.8733.2M
Cisco SystemsCSCO31.9632.1731.7332.1633.1M
Oracle Corp.ORCL20.2320.5220.1520.4620.9M
AT&T Inc.T39.0539.8439.0539.8120.1M
Wal-Mart StoresWMT42.3943.0242.3142.9418.9M
Wells Fargo & Co.WFC35.2536.2135.0836.1216.6M
JPMorgan ChaseJPM43.9644.8443.6744.5415.1M
Abbott LaboratoriesABT51.9052.1151.2751.9613.3M
Procter & GamblePG66.2967.0065.8566.9912.5M
HP Inc.HPQ49.3050.0549.1449.8711.3M
Bristol-Myers SquibbBMY28.5928.7527.9628.2311.2M
Johnson & JohnsonJNJ61.9862.1461.7262.059.94M
Verizon CommunicationsVZ41.2842.0041.2841.879.92M
International Business MachinesIBM116.35117.78116.04117.358.1M
Walt Disney & Co.DIS33.6333.7033.2933.497.71M
Gilead SciencesGILD37.5938.3037.4738.117.37M
UnitedHealth GroupUNH49.4249.7348.7849.575.78M
United TechnologiesUTX74.7074.9873.7174.675.53M
Union PacificUNP106.53109.03106.25108.481.39M
Berkshire HathawayBRK.B3969.003969.003937.003948.509K
Exchange Rates of September 11, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.310 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.042 CAD1 CAD = 0.960 USD
US DollarSwiss Franc1 USD = 1.189 CHF1 CHF = 0.841 USD
US DollarChinese Yuan1 USD = 7.523 CNY1 CNY = 0.133 USD
EuroJapanese Yen1 EUR = 158.180 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.681 GBP1 GBP = 1.469 EUR
EuroAustralian Dollar1 EUR = 1.659 AUD1 AUD = 0.603 EUR
EuroCanadian Dollar1 EUR = 1.442 CAD1 CAD = 0.694 EUR
EuroSwiss Franc1 EUR = 1.645 CHF1 CHF = 0.608 EUR
Japanese YenPound Sterling1 JPY = 0.430 GBP1 GBP = 2.325 JPY
Japanese YenAustralian Dollar1 JPY = 1.049 AUD1 AUD = 0.954 JPY
Japanese YenCanadian Dollar1 JPY = 0.911 CAD1 CAD = 1.098 JPY
Japanese YenSwiss Franc1 JPY = 1.040 CHF1 CHF = 0.962 JPY
Pound SterlingAustralian Dollar1 GBP = 2.437 AUD1 AUD = 0.410 GBP
Pound SterlingCanadian Dollar1 GBP = 2.118 CAD1 CAD = 0.472 GBP
Pound SterlingSwiss Franc1 GBP = 2.416 CHF1 CHF = 0.414 GBP
Australian DollarCanadian Dollar1 AUD = 0.868 CAD1 CAD = 1.152 AUD
Australian DollarSwiss Franc1 AUD = 0.991 CHF1 CHF = 1.009 AUD
Canadian DollarSwiss Franc1 CAD = 1.141 CHF1 CHF = 0.877 CAD

See what else happened on September 11, 2007