Financial news on May 12, 2008

Business and Financial news
Citi’s New Slogan Is Said to Be Second Choice

Replacing a tagline that fizzled last year, Citigroup’s new slogan, “Citi Never sleeps”, had previously been scratched. Read more..

By ERIC DASH - The New York Times

Drug Promises to Restore Sensation After Dental Visit

A small drug company said it won approval Friday from the Food and Drug Administration to market the first drug meant to undo the effects of local dental anesthesia. Read more..

By ANDREW POLLACK - The New York Times

Subtly but Visibly Swayed by Context

A study published recently in The Journal of Marketing Research looks at how subtle cues in our environments affect our product choices. Read more..

By ALEX MINDLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29,35 30,06 29,35 29,99 64.3M
HP Inc. HPQ 49,39 49,97 45,85 46,83 40.2M
Cisco Systems CSCO 25,48 25,87 25,40 25,84 38.1M
Visa V 83,73 84,48 78,10 81,90 36.9M
Pfizer PFE 19,86 19,97 19,78 19,91 36.2M
Intel INTC 23,40 23,71 23,20 23,64 34.4M
General Electric GE 32,33 32,53 32,20 32,40 30.7M
Apple AAPL 185,12 188,87 182,85 188,16 29.2M
Oracle Corp. ORCL 21,12 21,63 21,08 21,51 24.8M
ExxonMobil XOM 88,43 89,47 87,60 89,19 23.1M
Bristol-Myers Squibb BMY 21,90 22,00 21,55 21,63 20.6M
JPMorgan Chase JPM 46,82 47,29 46,51 47,24 20.3M
Wal-Mart Stores WMT 57,69 58,37 57,64 58,02 18.2M
Abbott Laboratories ABT 52,26 52,89 51,97 52,78 16.8M
Altria MO 20,95 21,62 20,90 21,58 15.4M
Comcast CMCSA 21,71 22,10 21,62 22,04 15.1M
AT&T Inc. T 38,61 39,26 38,55 39,11 14.9M
Wells Fargo & Co. WFC 29,50 29,90 29,39 29,76 13.5M
ConocoPhillips COP 88,48 88,81 87,63 88,59 12.4M
Home Depot HD 28,01 28,71 28,01 28,64 12.3M
Procter & Gamble PG 65,43 65,75 65,00 65,35 11.2M
Merck MRK 39,01 39,70 38,98 39,62 10.3M
Alphabet GOOGL 574,75 586,75 568,91 584,94 9.72M
Verizon Communications VZ 38,02 38,13 37,64 38,06 9.45M
Chevron CVX 97,20 97,59 96,46 97,36 9.37M
Walt Disney & Co. DIS 34,15 34,80 34,04 34,77 9.18M
International Business Machines IBM 123,80 125,99 123,56 125,24 8.67M
Coca-Cola KO 56,18 56,46 56,00 56,40 8.62M
Johnson & Johnson JNJ 66,59 66,89 66,30 66,71 7.71M
Amazon AMZN 73,10 74,93 71,78 74,53 7.22M
Schlumberger SLB 104,44 104,44 101,65 103,45 7.14M
McDonald's MCD 59,30 61,04 59,30 60,87 6.27M
Amgen AMGN 41,95 43,05 41,86 42,95 6.06M
Gilead Sciences GILD 53,41 54,51 53,25 54,48 5.48M
Boeing BA 84,40 85,00 83,28 84,80 5.37M
Pepsico PEP 67,55 67,71 66,96 67,35 5.12M
UnitedHealth Group UNH 32,63 33,18 32,56 32,78 5.08M
3M MMM 76,67 77,67 75,95 77,67 3.55M
United Technologies UTX 73,17 74,57 73,13 74,57 3.33M
Union Pacific UNP 146,62 147,92 145,00 147,65 1.28M
Berkshire Hathaway BRK.B 4167,00 4185,00 4087,00 4095,00 38.9K
Exchange Rates of May 12, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 103,840 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 1,006 CAD 1 CAD = 0,994 USD
US Dollar Swiss Franc 1 USD = 1,044 CHF 1 CHF = 0,958 USD
US Dollar Chinese Yuan 1 USD = 6,982 CNY 1 CNY = 0,143 USD
Euro Japanese Yen 1 EUR = 161,390 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,794 GBP 1 GBP = 1,259 EUR
Euro Australian Dollar 1 EUR = 1,641 AUD 1 AUD = 0,609 EUR
Euro Canadian Dollar 1 EUR = 1,563 CAD 1 CAD = 0,640 EUR
Euro Swiss Franc 1 EUR = 1,623 CHF 1 CHF = 0,616 EUR
Japanese Yen Pound Sterling 1 JPY = 0,492 GBP 1 GBP = 2,033 JPY
Japanese Yen Australian Dollar 1 JPY = 1,016 AUD 1 AUD = 0,984 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,968 CAD 1 CAD = 1,033 JPY
Japanese Yen Swiss Franc 1 JPY = 1,005 CHF 1 CHF = 0,995 JPY
Pound Sterling Australian Dollar 1 GBP = 2,066 AUD 1 AUD = 0,484 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,968 CAD 1 CAD = 0,508 GBP
Pound Sterling Swiss Franc 1 GBP = 2,043 CHF 1 CHF = 0,490 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,952 CAD 1 CAD = 1,051 AUD
Australian Dollar Swiss Franc 1 AUD = 0,988 CHF 1 CHF = 1,012 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,038 CHF 1 CHF = 0,963 CAD

See what else happened on May 12, 2008