Financial news on January 12th, 2007
Business and Financial news
The chief of US Airways, with a $10.5 billion takeover proposal for Delta, has helped make the industry feel better about itself again. Read more..
Wolfgang Bernhard will leave the company as part of a broad shake-up of its managing board. Read more..
Investors act as if they believe that Iraq will be like Vietnam in a very important way: In the long run, it will have little real significance for the world economy. Read more..
Hedge funds have become a more accepted fixture in the financial landscape. Read more..
The British music giant fired its chief of recorded music, Alain Levy, ahead of a broad reorganization aimed at reviving the flagging company. Read more..
The voluntary buyout plan is part of an effort to cut 125 jobs at The Boston Globe and The Worcester Telegram & Gazette. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.65 | 31.39 | 30.64 | 31.21 | 104M |
| Intel | INTC | 21.79 | 22.15 | 21.62 | 22.13 | 90.7M |
| Cisco Systems | CSCO | 28.54 | 28.97 | 28.45 | 28.92 | 54.6M |
| Apple | AAPL | 94.59 | 95.06 | 93.23 | 94.62 | 46.9M |
| Oracle Corp. | ORCL | 17.35 | 17.55 | 17.28 | 17.50 | 42.5M |
| Pfizer | PFE | 26.54 | 26.81 | 26.38 | 26.64 | 29.8M |
| General Electric | GE | 37.84 | 38.00 | 37.67 | 37.89 | 25.9M |
| ConocoPhillips | COP | 62.48 | 63.99 | 62.29 | 63.83 | 25.2M |
| ExxonMobil | XOM | 71.21 | 72.71 | 71.20 | 72.66 | 24.4M |
| HP Inc. | HPQ | 42.64 | 43.72 | 42.58 | 43.53 | 23M |
| AT&T Inc. | T | 34.64 | 34.91 | 34.42 | 34.73 | 20.2M |
| Comcast | CMCSA | 43.15 | 44.12 | 43.10 | 44.09 | 16.9M |
| Schlumberger | SLB | 57.24 | 58.05 | 57.01 | 57.89 | 15.3M |
| Wal-Mart Stores | WMT | 47.62 | 48.11 | 47.21 | 47.98 | 13.9M |
| Altria | MO | 89.42 | 89.66 | 87.81 | 88.42 | 13.3M |
| Verizon Communications | VZ | 37.16 | 37.49 | 37.15 | 37.33 | 12.5M |
| Walt Disney & Co. | DIS | 34.99 | 35.29 | 34.85 | 35.21 | 12M |
| Home Depot | HD | 39.95 | 40.37 | 39.85 | 40.11 | 11.2M |
| Abbott Laboratories | ABT | 50.07 | 50.49 | 50.01 | 50.45 | 11.2M |
| JPMorgan Chase | JPM | 48.10 | 48.26 | 47.90 | 47.99 | 10.6M |
| Wells Fargo & Co. | WFC | 35.54 | 35.72 | 35.40 | 35.51 | 10.3M |
| Amgen | AMGN | 72.02 | 73.57 | 72.00 | 73.27 | 10.1M |
| Merck | MRK | 44.48 | 45.09 | 44.32 | 44.79 | 9.42M |
| Chevron | CVX | 69.10 | 70.62 | 69.10 | 70.35 | 9.34M |
| Alphabet | GOOGL | 501.99 | 505.00 | 500.00 | 505.00 | 8.94M |
| UnitedHealth Group | UNH | 54.40 | 55.34 | 54.25 | 55.10 | 8.35M |
| Procter & Gamble | PG | 64.40 | 65.00 | 64.40 | 65.00 | 7.9M |
| Bristol-Myers Squibb | BMY | 26.35 | 26.63 | 26.10 | 26.25 | 7.61M |
| McDonald's | MCD | 44.67 | 44.68 | 44.09 | 44.22 | 7.1M |
| Coca-Cola | KO | 48.60 | 48.67 | 48.25 | 48.55 | 6.83M |
| International Business Machines | IBM | 98.99 | 99.69 | 98.50 | 99.34 | 6.64M |
| Johnson & Johnson | JNJ | 66.45 | 66.80 | 66.30 | 66.64 | 6.19M |
| United Technologies | UTX | 63.49 | 64.72 | 63.40 | 64.42 | 5.31M |
| Pepsico | PEP | 64.78 | 65.25 | 64.59 | 64.70 | 4.98M |
| Amazon | AMZN | 37.36 | 38.21 | 37.27 | 38.20 | 4.47M |
| Boeing | BA | 88.54 | 88.85 | 87.50 | 88.13 | 3.89M |
| Gilead Sciences | GILD | 65.80 | 66.49 | 65.79 | 66.16 | 3.81M |
| 3M | MMM | 78.41 | 79.50 | 78.22 | 79.36 | 2.58M |
| Union Pacific | UNP | 90.51 | 92.49 | 90.51 | 91.96 | 2.08M |
| Berkshire Hathaway | BRK.B | 3670.00 | 3674.00 | 3655.00 | 3668.00 | 9.2K |
Exchange Rates of January 12th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 120.320 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.170 CAD | 1 CAD = 0.855 USD |
| US Dollar | Swiss Franc | 1 USD = 1.247 CHF | 1 CHF = 0.802 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.797 CNY | 1 CNY = 0.128 USD |
| Euro | Japanese Yen | 1 EUR = 155.510 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.660 GBP | 1 GBP = 1.516 EUR |
| Euro | Australian Dollar | 1 EUR = 1.649 AUD | 1 AUD = 0.607 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.512 CAD | 1 CAD = 0.661 EUR |
| Euro | Swiss Franc | 1 EUR = 1.612 CHF | 1 CHF = 0.620 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.424 GBP | 1 GBP = 2.359 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.060 AUD | 1 AUD = 0.944 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.972 CAD | 1 CAD = 1.029 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.036 CHF | 1 CHF = 0.965 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.499 AUD | 1 AUD = 0.400 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.292 CAD | 1 CAD = 0.436 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.443 CHF | 1 CHF = 0.409 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.916 CAD | 1 CAD = 1.091 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.977 CHF | 1 CHF = 1.024 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.066 CHF | 1 CHF = 0.938 CAD |
See what else happened on January 12th, 2007