Financial news on September 12, 2007
Business and Financial news
Pirate Capital, the hedge fund management company run by Thomas Hudson, has barred withdrawals from its two Jolly Roger Activist funds after the firm’s assets declined by almost 80 percent in the last year. Read more..
Bebo, the British social network, chose Yahoo to sell advertising in the United Kingdom and Ireland. It’s a midsized deal that Yahoo can afford. Read more..
CBS is asking a three-judge panel to reverse a finding by the F.C.C. that the company was liable for broadcast indecency during the 2004 Super Bowl halftime show. Read more..
The vote by the panel advising the Food and Drug Administration was a rare reprieve to Amgen, the manufacturer of the drugs. Read more..
Robert Eckert told Congress that the toy industry would work to prevent unsafe toys from entering the U.S. Read more..
Technology entrepreneurs are starting a host of new social networking sites aimed at baby boomers. Read more..
The dollar fell to an all-time low against the euro and oil prices hit a record, suggesting higher prices for imports. Read more..
Shareholders of Symbion Health rejected a takeover bid of 2.9 billion Australian dollars ($2.4 billion) from a group led by Healthscope, extending a nine-month battle for more than 130 pathology laboratories and medical clinics in Australia. Healt... Read more..
As problems in the subprime mortgage industry sends ripples through the economy, shopping centers are being caught in the credit squeeze. Read more..
Most Internet users in the United States watch an average of three hours of online video a month, according to data from ComScore. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 25,51 | 25,85 | 25,33 | 25,46 | 60.8M |
Microsoft | MSFT | 28,81 | 29,17 | 28,80 | 28,93 | 42.4M |
General Electric | GE | 39,39 | 40,25 | 39,31 | 39,90 | 42.1M |
Apple | AAPL | 135,99 | 139,40 | 135,75 | 136,85 | 36.5M |
Cisco Systems | CSCO | 32,07 | 32,12 | 31,73 | 31,78 | 35.1M |
Oracle Corp. | ORCL | 20,35 | 20,62 | 20,30 | 20,54 | 30.8M |
Pfizer | PFE | 24,11 | 24,29 | 24,06 | 24,19 | 28.2M |
Amgen | AMGN | 55,22 | 56,82 | 54,65 | 55,64 | 28M |
ExxonMobil | XOM | 86,77 | 88,37 | 86,73 | 87,65 | 25.1M |
Comcast | CMCSA | 25,55 | 25,62 | 25,20 | 25,22 | 21.1M |
Home Depot | HD | 34,52 | 35,32 | 34,46 | 35,09 | 19.8M |
AT&T Inc. | T | 39,82 | 40,13 | 39,53 | 39,86 | 18.1M |
Wal-Mart Stores | WMT | 42,80 | 43,20 | 42,58 | 42,71 | 15.7M |
HP Inc. | HPQ | 49,82 | 49,88 | 48,55 | 48,76 | 14.2M |
JPMorgan Chase | JPM | 44,50 | 44,74 | 44,15 | 44,47 | 13.9M |
Wells Fargo & Co. | WFC | 35,96 | 36,05 | 35,64 | 35,68 | 13.4M |
ConocoPhillips | COP | 83,08 | 85,30 | 83,08 | 84,85 | 13.1M |
Altria | MO | 67,20 | 67,63 | 66,90 | 67,50 | 12.6M |
Johnson & Johnson | JNJ | 62,00 | 62,67 | 61,95 | 62,51 | 11.6M |
Merck | MRK | 49,74 | 50,09 | 49,18 | 49,67 | 11.4M |
Chevron | CVX | 88,42 | 89,84 | 88,28 | 89,19 | 11.1M |
Schlumberger | SLB | 100,05 | 100,97 | 99,11 | 99,82 | 9.98M |
Verizon Communications | VZ | 41,84 | 42,25 | 41,74 | 41,87 | 9.93M |
Procter & Gamble | PG | 66,90 | 67,40 | 66,54 | 67,31 | 9.59M |
Coca-Cola | KO | 55,60 | 56,36 | 55,28 | 55,84 | 9.22M |
Amazon | AMZN | 86,07 | 88,89 | 85,97 | 87,30 | 9.03M |
Abbott Laboratories | ABT | 51,92 | 52,55 | 51,81 | 52,25 | 8.94M |
Bristol-Myers Squibb | BMY | 28,01 | 28,39 | 28,01 | 28,34 | 8.76M |
Walt Disney & Co. | DIS | 33,53 | 33,82 | 33,41 | 33,72 | 8.11M |
McDonald's | MCD | 51,88 | 51,95 | 51,16 | 51,20 | 7.7M |
UnitedHealth Group | UNH | 49,53 | 49,74 | 49,35 | 49,47 | 6.62M |
International Business Machines | IBM | 116,95 | 117,40 | 115,69 | 116,00 | 6.29M |
Alphabet | GOOGL | 520,53 | 527,98 | 519,00 | 522,65 | 5.97M |
Gilead Sciences | GILD | 37,95 | 38,73 | 37,84 | 38,25 | 5.89M |
Pepsico | PEP | 69,65 | 69,97 | 69,37 | 69,58 | 5.48M |
Boeing | BA | 97,21 | 98,73 | 97,00 | 98,32 | 4.41M |
United Technologies | UTX | 74,75 | 75,50 | 74,37 | 74,84 | 3.51M |
3M | MMM | 88,56 | 89,77 | 88,31 | 89,08 | 3.18M |
Union Pacific | UNP | 107,77 | 109,61 | 106,86 | 108,69 | 1.46M |
Berkshire Hathaway | BRK.B | 3949,00 | 3963,50 | 3938,00 | 3948,50 | 9.1K |
Exchange Rates of September 12, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 114,170 JPY | 1 JPY = 0,009 USD |
US Dollar | Canadian Dollar | 1 USD = 1,037 CAD | 1 CAD = 0,965 USD |
US Dollar | Swiss Franc | 1 USD = 1,184 CHF | 1 CHF = 0,844 USD |
US Dollar | Chinese Yuan | 1 USD = 7,522 CNY | 1 CNY = 0,133 USD |
Euro | Japanese Yen | 1 EUR = 158,770 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,685 GBP | 1 GBP = 1,460 EUR |
Euro | Australian Dollar | 1 EUR = 1,652 AUD | 1 AUD = 0,605 EUR |
Euro | Canadian Dollar | 1 EUR = 1,442 CAD | 1 CAD = 0,694 EUR |
Euro | Swiss Franc | 1 EUR = 1,647 CHF | 1 CHF = 0,607 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,431 GBP | 1 GBP = 2,319 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,040 AUD | 1 AUD = 0,962 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,908 CAD | 1 CAD = 1,102 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,037 CHF | 1 CHF = 0,964 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,412 AUD | 1 AUD = 0,415 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2,104 CAD | 1 CAD = 0,475 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,403 CHF | 1 CHF = 0,416 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,872 CAD | 1 CAD = 1,147 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,996 CHF | 1 CHF = 1,004 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,142 CHF | 1 CHF = 0,876 CAD |
See what else happened on September 12, 2007