Financial news on June 12, 2007

Business and Financial news
But the Wrong Coat Was So Much Nicer Than Mine

My business travel is fairly uneventful. But a flight this year did force me onto a slippery slope of morality. Read more..

By JAMES WEISSMAN - The New York Times

Cancer Drug Representatives Spelled Out the Way to Profit

Big pharmaceutical companies sometimes calculated to the penny the profits that doctors could make from their cancer drugs and shared those estimates with doctors. Read more..

By ALEX BERENSON - The New York Times

Drug Maker Fined in Plavix Case

Drug maker Bristol-Myers Squibb pleaded guilty to making false statements to a federal agency in a case involving its blockbuster drug, Plavix. Read more..

By STEPHANIE SAUL - The New York Times

Flight Snags Are Arriving on Schedule

This year is shaping up to be the worst ever for delays, and there will be lots of blame to go around, and lots of finger-pointing. Read more..

By JOE SHARKEY - The New York Times

Passport Pandemonium

The confusion and delays in passport processing are a warning to plan far ahead to renew or obtain a passport. Read more..

By JOE SHARKEY - The New York Times

The Inevitability of Bumps

People who fly a lot tend to be nonchalant about the experience — until the plane hits a patch of choppy air. But airliners are built to take the turbulence. Read more..

By SUSAN STELLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.86 22.50 21.84 22.20 59.7M
Microsoft MSFT 29.96 30.24 29.77 29.85 57M
Apple AAPL 119.35 121.71 118.31 120.38 50.9M
Cisco Systems CSCO 26.12 26.53 26.03 26.06 49.5M
Pfizer PFE 26.22 26.42 26.08 26.11 34.6M
Oracle Corp. ORCL 19.21 19.37 18.81 18.84 33.8M
General Electric GE 37.31 37.49 37.05 37.05 32.1M
AT&T Inc. T 39.81 40.11 39.01 39.08 23.2M
Comcast CMCSA 26.23 26.63 26.14 26.15 22.5M
ExxonMobil XOM 82.77 83.31 81.95 82.00 21.8M
Wal-Mart Stores WMT 49.53 49.81 48.90 48.91 19.1M
Altria MO 69.85 70.60 69.82 70.14 17.4M
Home Depot HD 37.56 37.79 37.35 37.36 17.3M
HP Inc. HPQ 45.50 45.91 45.03 45.06 16.9M
Verizon Communications VZ 43.20 43.55 43.04 43.08 15.6M
JPMorgan Chase JPM 50.22 50.40 49.34 49.35 15.4M
Abbott Laboratories ABT 53.68 53.92 53.27 53.34 13.3M
Bristol-Myers Squibb BMY 29.19 29.19 28.59 28.69 12.9M
Alphabet GOOGL 508.71 511.67 503.17 504.77 12.8M
ConocoPhillips COP 77.85 78.19 77.05 77.12 12.5M
Wells Fargo & Co. WFC 35.31 35.65 35.15 35.18 12.2M
Amgen AMGN 57.28 57.73 57.10 57.46 12.2M
Johnson & Johnson JNJ 62.25 62.41 61.76 61.83 11.9M
Amazon AMZN 70.44 70.76 69.42 70.07 11.8M
Coca-Cola KO 51.34 51.77 51.06 51.14 11.4M
Merck MRK 50.67 51.05 50.21 50.22 11.3M
Procter & Gamble PG 62.70 63.00 62.16 62.16 10.4M
Walt Disney & Co. DIS 34.10 34.18 33.52 33.56 9.73M
McDonald's MCD 51.38 52.10 51.35 51.48 8.64M
Chevron CVX 81.35 81.81 80.50 80.56 7.41M
Schlumberger SLB 79.72 81.01 78.65 78.74 7.4M
UnitedHealth Group UNH 52.90 53.30 52.77 52.99 6.58M
Pepsico PEP 65.96 66.64 65.77 66.03 6.42M
International Business Machines IBM 103.11 103.18 102.15 102.34 5.58M
Boeing BA 97.55 97.59 96.12 96.48 5.02M
United Technologies UTX 69.99 70.40 69.52 69.67 4.51M
Gilead Sciences GILD 79.74 80.25 78.69 78.92 3.92M
3M MMM 85.30 85.71 84.40 85.04 3.43M
Union Pacific UNP 115.36 115.64 113.31 113.31 2.48M
Berkshire Hathaway BRK.B 3624.00 3626.00 3615.00 3618.00 12.6K
Exchange Rates of June 12, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121.690 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.068 CAD 1 CAD = 0.937 USD
US Dollar Swiss Franc 1 USD = 1.242 CHF 1 CHF = 0.805 USD
US Dollar Chinese Yuan 1 USD = 7.644 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 161.880 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.674 GBP 1 GBP = 1.485 EUR
Euro Australian Dollar 1 EUR = 1.583 AUD 1 AUD = 0.632 EUR
Euro Canadian Dollar 1 EUR = 1.420 CAD 1 CAD = 0.704 EUR
Euro Swiss Franc 1 EUR = 1.653 CHF 1 CHF = 0.605 EUR
Japanese Yen Pound Sterling 1 JPY = 0.416 GBP 1 GBP = 2.404 JPY
Japanese Yen Australian Dollar 1 JPY = 0.977 AUD 1 AUD = 1.023 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.877 CAD 1 CAD = 1.140 JPY
Japanese Yen Swiss Franc 1 JPY = 1.021 CHF 1 CHF = 0.980 JPY
Pound Sterling Australian Dollar 1 GBP = 2.349 AUD 1 AUD = 0.426 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.108 CAD 1 CAD = 0.474 GBP
Pound Sterling Swiss Franc 1 GBP = 2.452 CHF 1 CHF = 0.408 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.897 CAD 1 CAD = 1.115 AUD
Australian Dollar Swiss Franc 1 AUD = 1.044 CHF 1 CHF = 0.958 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.163 CHF 1 CHF = 0.860 CAD

See what else happened on June 12, 2007