Financial news on February 12, 2008

Business and Financial news
Leading Class-Action Lawyer Is Sentenced to Two Years in Kickback Scheme

William S. Lerach was sentenced to two years in prison and ordered to forfeit $7.75 million for concealing illegal payments to a plaintiff in class-action lawsuits. Read more..

By MICHAEL PARRISH - The New York Times

Mortgage Crisis Spreads Past Subprime Loans

Even borrowers with strong credit are falling behind on their payments for home loans, auto loans and credit cards at a quickening pace as home values fall. Read more..

By VIKAS BAJAJ and LOUISE STORY - The New York Times

Peru: Kimberly-Clark to Build Two Plants

The Kimberly-Clark Corporation, the maker of Huggies diapers and Scott paper towels, plans to build two plants in Peru as part of a plan to make the country its South American hub. The company, based in Dallas, will double its personnel in Peru to... Read more..

By BLOOMBERG NEWS - The New York Times

Price Limit on Text Messages Is Sought

The European Union’s telecommunications commissioner said she would seek limits on the price Europeans pay to send short text messages when traveling outside their home countries, unless operators lower the charges by July. The commissioner, Vivia... Read more..

By KEVIN J. O'BRIEN - The New York Times

Times Co. Nominates 2 to Board

The New York Times Company, under pressure from hedge funds that want to gain representation on its board, nominated two candidates of its own, Robert E. Denham and Dawn Lepore. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 28.43 28.62 28.11 28.34 84.4M
Intel INTC 20.70 20.99 20.56 20.90 57.7M
Cisco Systems CSCO 23.67 24.00 23.25 23.43 56.7M
Apple AAPL 130.70 131.00 123.62 124.86 43.8M
Pfizer PFE 22.30 22.73 22.25 22.68 43.1M
General Electric GE 34.20 34.65 34.10 34.37 37.6M
Oracle Corp. ORCL 19.55 19.89 19.30 19.41 36.5M
Wells Fargo & Co. WFC 29.82 30.35 29.41 29.92 28.9M
JPMorgan Chase JPM 43.66 44.45 42.75 43.31 27.2M
AT&T Inc. T 36.95 37.80 36.76 37.51 26.2M
ExxonMobil XOM 83.52 85.08 83.30 84.38 25.2M
Wal-Mart Stores WMT 49.48 50.72 49.48 50.25 23.4M
Merck MRK 45.65 47.10 45.49 46.53 20.7M
HP Inc. HPQ 42.78 43.41 42.33 42.88 19.8M
Abbott Laboratories ABT 56.01 56.72 55.80 55.95 19M
Home Depot HD 28.81 29.13 28.22 28.38 17.8M
Comcast CMCSA 16.99 17.47 16.99 17.23 17.5M
Verizon Communications VZ 37.09 37.78 36.76 37.56 17.2M
ConocoPhillips COP 76.99 77.71 75.50 76.40 15.6M
Walt Disney & Co. DIS 32.06 32.44 31.77 32.03 14.3M
Alphabet GOOGL 523.39 530.60 513.03 518.09 13.3M
Chevron CVX 80.68 82.33 80.41 81.12 12.3M
Coca-Cola KO 59.84 60.50 59.65 59.92 11.9M
Johnson & Johnson JNJ 62.11 63.15 62.01 62.97 11.4M
Schlumberger SLB 82.00 83.82 80.77 81.49 11.3M
Procter & Gamble PG 66.43 67.40 66.08 67.16 11.1M
Altria MO 72.72 72.77 71.98 72.43 10.7M
Bristol-Myers Squibb BMY 23.09 23.34 22.95 23.19 10.3M
McDonald's MCD 56.35 56.82 55.92 56.37 9.51M
Amazon AMZN 75.43 77.05 73.79 74.45 9.45M
Boeing BA 82.11 84.53 81.44 83.56 7.98M
Gilead Sciences GILD 44.53 45.63 44.53 45.09 7.84M
Amgen AMGN 46.45 47.21 46.40 46.54 7.68M
International Business Machines IBM 105.16 107.33 104.70 106.53 7.65M
UnitedHealth Group UNH 48.48 48.65 47.89 48.27 7.28M
Pepsico PEP 71.31 72.24 70.96 71.96 6.64M
United Technologies UTX 71.88 73.50 71.72 72.82 5.04M
3M MMM 79.61 79.84 78.60 79.10 3.66M
Union Pacific UNP 126.53 128.22 124.10 125.58 2.36M
Berkshire Hathaway BRK.B 4655.00 4670.00 4642.00 4659.00 30.6K
Exchange Rates of February 12, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.330 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.002 CAD 1 CAD = 0.999 USD
US Dollar Swiss Franc 1 USD = 1.102 CHF 1 CHF = 0.907 USD
US Dollar Chinese Yuan 1 USD = 7.189 CNY 1 CNY = 0.139 USD
Euro Japanese Yen 1 EUR = 156.480 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.744 GBP 1 GBP = 1.344 EUR
Euro Australian Dollar 1 EUR = 1.613 AUD 1 AUD = 0.620 EUR
Euro Canadian Dollar 1 EUR = 1.460 CAD 1 CAD = 0.685 EUR
Euro Swiss Franc 1 EUR = 1.607 CHF 1 CHF = 0.622 EUR
Japanese Yen Pound Sterling 1 JPY = 0.475 GBP 1 GBP = 2.104 JPY
Japanese Yen Australian Dollar 1 JPY = 1.031 AUD 1 AUD = 0.970 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.933 CAD 1 CAD = 1.072 JPY
Japanese Yen Swiss Franc 1 JPY = 1.027 CHF 1 CHF = 0.974 JPY
Pound Sterling Australian Dollar 1 GBP = 2.168 AUD 1 AUD = 0.461 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.963 CAD 1 CAD = 0.510 GBP
Pound Sterling Swiss Franc 1 GBP = 2.160 CHF 1 CHF = 0.463 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.905 CAD 1 CAD = 1.105 AUD
Australian Dollar Swiss Franc 1 AUD = 0.996 CHF 1 CHF = 1.004 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.100 CHF 1 CHF = 0.909 CAD

See what else happened on February 12, 2008