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..

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

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
CurrenciesExchange 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