Financial news on August 13th, 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..

By STEVE LOHR - The New York Times

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..

By ALEX MINDLIN - The New York Times

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..

By BRAD STONE - The New York Times

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..

By ERIC PFANNER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO31,5731,6030,7830,8376.5M
General ElectricGE38,5738,8038,0038,1742M
Oracle Corp.ORCL19,9319,9619,6519,7222.1M
JPMorgan ChaseJPM45,2345,4343,6843,8321.4M
Home DepotHD36,0236,0235,1235,2421M
AT&T Inc.T39,2039,6038,6539,0818.5M
HP Inc.HPQ47,9848,8847,7948,4318M
Abbott LaboratoriesABT55,2155,2153,4353,8916.8M
Wal-Mart StoresWMT46,6946,7346,0846,1715.6M
Procter & GamblePG65,2065,4064,0164,2815.4M
Wells Fargo & Co.WFC34,6834,8133,8033,9013.3M
UnitedHealth GroupUNH47,8549,9947,8049,0412.1M
Verizon CommunicationsVZ41,8141,9441,1041,6511.8M
Johnson & JohnsonJNJ61,3261,8761,1361,4511.1M
Bristol-Myers SquibbBMY28,8529,3228,6828,969.85M
Walt Disney & Co.DIS33,3433,7433,1333,248.6M
International Business MachinesIBM112,99113,95112,31112,716.14M
Gilead SciencesGILD36,6137,7736,5037,415.74M
United TechnologiesUTX73,0874,3973,0574,013.85M
Union PacificUNP117,30119,75117,27117,972.07M
Berkshire HathawayBRK.B3645,003686,003639,003639,008.6K
Exchange Rates of August 13th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118,240 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,054 CAD1 CAD = 0,949 USD
US DollarSwiss Franc1 USD = 1,205 CHF1 CHF = 0,830 USD
US DollarChinese Yuan1 USD = 7,583 CNY1 CNY = 0,132 USD
EuroJapanese Yen1 EUR = 160,970 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,676 GBP1 GBP = 1,479 EUR
EuroAustralian Dollar1 EUR = 1,616 AUD1 AUD = 0,619 EUR
EuroCanadian Dollar1 EUR = 1,434 CAD1 CAD = 0,697 EUR
EuroSwiss Franc1 EUR = 1,641 CHF1 CHF = 0,609 EUR
Japanese YenPound Sterling1 JPY = 0,420 GBP1 GBP = 2,381 JPY
Japanese YenAustralian Dollar1 JPY = 1,004 AUD1 AUD = 0,997 JPY
Japanese YenCanadian Dollar1 JPY = 0,891 CAD1 CAD = 1,123 JPY
Japanese YenSwiss Franc1 JPY = 1,019 CHF1 CHF = 0,981 JPY
Pound SterlingAustralian Dollar1 GBP = 2,389 AUD1 AUD = 0,419 GBP
Pound SterlingCanadian Dollar1 GBP = 2,121 CAD1 CAD = 0,472 GBP
Pound SterlingSwiss Franc1 GBP = 2,425 CHF1 CHF = 0,412 GBP
Australian DollarCanadian Dollar1 AUD = 0,887 CAD1 CAD = 1,127 AUD
Australian DollarSwiss Franc1 AUD = 1,015 CHF1 CHF = 0,986 AUD
Canadian DollarSwiss Franc1 CAD = 1,143 CHF1 CHF = 0,875 CAD

See what else happened on August 13th, 2007