Financial news on August 13, 2007
Business and Financial news
As the Market Wobbles, VMware Is Bullish on Its Offering This Week
EMC plans to raise $1.1 billion this week in an offering for its VMware unit. Analysts say VMware’s technology is wanted by big corporations, ahead of competitors, and trouble for Microsoft. Read more..
A Stock Soars After a Spam Swarm
Last Thursday, inboxes around the world were flooded with crude PDF documents promoting the stock of the Prime Time Group. Read more..
EBay’s Swarm Strategy to Take on Craigslist
After starting Kijiji, a free classified advertising site in the United States, eBay is also bringing Gumtree, its British classified site, to three cities here too. Read more..
New British Men’s Magazine, but No Nudity, Please
Short List, a new men’s magazine in Britain, will not follow the traditional industry formula of bare-breasted B-listers and bawdy jokes. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Cisco Systems | CSCO | 31.57 | 31.60 | 30.78 | 30.83 | 76.5M |
| Microsoft | MSFT | 28.94 | 28.99 | 28.44 | 28.63 | 55.5M |
| Intel | INTC | 24.19 | 24.32 | 23.96 | 24.02 | 50.5M |
| Pfizer | PFE | 24.20 | 24.20 | 23.79 | 23.89 | 45.7M |
| General Electric | GE | 38.57 | 38.80 | 38.00 | 38.17 | 42M |
| Apple | AAPL | 128.33 | 129.35 | 126.50 | 127.79 | 26.9M |
| ExxonMobil | XOM | 85.24 | 85.24 | 82.51 | 82.92 | 25.3M |
| Oracle Corp. | ORCL | 19.93 | 19.96 | 19.65 | 19.72 | 22.1M |
| JPMorgan Chase | JPM | 45.23 | 45.43 | 43.68 | 43.83 | 21.4M |
| Home Depot | HD | 36.02 | 36.02 | 35.12 | 35.24 | 21M |
| Comcast | CMCSA | 25.80 | 25.89 | 25.36 | 25.76 | 19M |
| AT&T Inc. | T | 39.20 | 39.60 | 38.65 | 39.08 | 18.5M |
| HP Inc. | HPQ | 47.98 | 48.88 | 47.79 | 48.43 | 18M |
| Abbott Laboratories | ABT | 55.21 | 55.21 | 53.43 | 53.89 | 16.8M |
| Wal-Mart Stores | WMT | 46.69 | 46.73 | 46.08 | 46.17 | 15.6M |
| Procter & Gamble | PG | 65.20 | 65.40 | 64.01 | 64.28 | 15.4M |
| ConocoPhillips | COP | 79.02 | 80.37 | 78.52 | 79.20 | 14.3M |
| Wells Fargo & Co. | WFC | 34.68 | 34.81 | 33.80 | 33.90 | 13.3M |
| UnitedHealth Group | UNH | 47.85 | 49.99 | 47.80 | 49.04 | 12.1M |
| Verizon Communications | VZ | 41.81 | 41.94 | 41.10 | 41.65 | 11.8M |
| Johnson & Johnson | JNJ | 61.32 | 61.87 | 61.13 | 61.45 | 11.1M |
| Chevron | CVX | 84.10 | 84.31 | 82.11 | 82.45 | 10.5M |
| Amgen | AMGN | 51.05 | 51.98 | 50.89 | 51.26 | 10.3M |
| Bristol-Myers Squibb | BMY | 28.85 | 29.32 | 28.68 | 28.96 | 9.85M |
| Coca-Cola | KO | 54.99 | 55.10 | 54.21 | 54.52 | 9.55M |
| Altria | MO | 67.80 | 68.49 | 67.25 | 67.41 | 9.14M |
| Walt Disney & Co. | DIS | 33.34 | 33.74 | 33.13 | 33.24 | 8.6M |
| Merck | MRK | 50.41 | 51.60 | 50.41 | 50.56 | 8.07M |
| Schlumberger | SLB | 92.76 | 93.22 | 89.44 | 90.68 | 7.02M |
| McDonald's | MCD | 49.69 | 49.99 | 48.60 | 48.71 | 6.79M |
| Alphabet | GOOGL | 519.54 | 519.75 | 513.03 | 515.50 | 6.35M |
| Boeing | BA | 99.46 | 100.91 | 99.25 | 100.05 | 6.14M |
| International Business Machines | IBM | 112.99 | 113.95 | 112.31 | 112.71 | 6.14M |
| Amazon | AMZN | 76.09 | 76.32 | 74.70 | 74.87 | 6.07M |
| Gilead Sciences | GILD | 36.61 | 37.77 | 36.50 | 37.41 | 5.74M |
| Pepsico | PEP | 68.05 | 68.67 | 67.20 | 68.08 | 5.47M |
| United Technologies | UTX | 73.08 | 74.39 | 73.05 | 74.01 | 3.85M |
| 3M | MMM | 87.16 | 87.16 | 85.75 | 86.25 | 3.2M |
| Union Pacific | UNP | 117.30 | 119.75 | 117.27 | 117.97 | 2.07M |
| Berkshire Hathaway | BRK.B | 3645.00 | 3686.00 | 3639.00 | 3639.00 | 8.6K |
Exchange Rates of August 13, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 118.240 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.054 CAD | 1 CAD = 0.949 USD |
| US Dollar | Swiss Franc | 1 USD = 1.205 CHF | 1 CHF = 0.830 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.583 CNY | 1 CNY = 0.132 USD |
| Euro | Japanese Yen | 1 EUR = 160.970 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.676 GBP | 1 GBP = 1.479 EUR |
| Euro | Australian Dollar | 1 EUR = 1.616 AUD | 1 AUD = 0.619 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.434 CAD | 1 CAD = 0.697 EUR |
| Euro | Swiss Franc | 1 EUR = 1.641 CHF | 1 CHF = 0.609 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.420 GBP | 1 GBP = 2.381 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.004 AUD | 1 AUD = 0.997 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.891 CAD | 1 CAD = 1.123 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.019 CHF | 1 CHF = 0.981 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.389 AUD | 1 AUD = 0.419 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.121 CAD | 1 CAD = 0.472 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.425 CHF | 1 CHF = 0.412 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.887 CAD | 1 CAD = 1.127 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.015 CHF | 1 CHF = 0.986 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.143 CHF | 1 CHF = 0.875 CAD |
See what else happened on August 13, 2007