Financial news on June 13, 2007

Business and Financial news
A Dose of Art and Entertainment Revives a Suburb

Silver Spring, Md., is enjoying a renaissance, a result of public involvement and private investment. Read more..

By EUGENE L. MEYER - The New York Times

China Inflation Hits 3.4 Percent in May

Inflation in China reached a 27-month high last month, but separate figures for growth in the money supply and loans suggested that the broader economy was not yet overheating. Read more..

By KEITH BRADSHER - The New York Times

Defense Rests in Black Trial

Conrad M. Black and three former Hollinger executives rested their defense on federal fraud charges without taking the stand. Read more..

By BLOOMBERG NEWS - The New York Times

Europe Plans a Quieter and Cleaner Passenger Jet

The European Union is planning a public-private partnership to help its aviation industry develop greener and quieter aircraft. Read more..

By STEPHEN CASTLE - The New York Times

Federal Grant for a Medical Mission Goes Awry

A case of two Coast Guard cutters shows that earmarks to faith-based groups may not achieve their stated purpose. Read more..

By DIANA B. HENRIQUES and ANDREW W. LEHREN - The New York Times

Former Executive of CA Inc. Will Pay Restitution

Stephen Richards will pay more than $29 million in restitution as part of an accounting fraud at the company. Read more..

By DOW JONES/ASSOCIATED PRESS - The New York Times

Google to Reduce History of Personal Searches

Addressing privacy concerns, the company announced that it would keep search histories of users for only 18 months instead of 24. Read more..

By THOMAS CRAMPTON - The New York Times

Greenberg Rebuttal

Maurice R. Greenberg said testimony from three A.I.G. employees would discredit recent accusations by the State of New York. Read more..

By BLOOMBERG NEWS - The New York Times

Sale Possible as Ford Considers Its Options for Jaguar and Land Rover

Ford said it was working with financial advisers to sort out the future of the two British brands. Read more..

By NICK BUNKLEY - The New York Times

Shake-Up in Newsroom of Journal

The Wall Street Journal announced a major newsroom shake-up, including the reassignment and replacement of several top editors. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 22.27 22.88 22.20 22.67 75.4M
Microsoft MSFT 29.97 30.41 29.85 30.39 64.4M
Apple AAPL 121.15 121.19 115.40 117.50 61.5M
Cisco Systems CSCO 26.22 26.53 25.86 26.53 43M
Pfizer PFE 26.20 26.38 25.95 26.35 43M
General Electric GE 37.25 37.66 37.10 37.64 33.3M
Oracle Corp. ORCL 18.87 19.30 18.72 19.30 29.8M
ExxonMobil XOM 82.32 83.50 82.25 83.35 27.1M
AT&T Inc. T 39.41 40.01 39.03 39.98 22.7M
Comcast CMCSA 26.20 26.87 26.07 26.87 21.1M
Verizon Communications VZ 43.17 43.40 42.49 42.90 18M
ConocoPhillips COP 77.31 78.19 77.30 77.75 17.7M
Walt Disney & Co. DIS 33.50 33.55 33.00 33.40 16.1M
HP Inc. HPQ 45.13 45.50 44.81 45.50 16.1M
Procter & Gamble PG 62.29 62.82 62.02 62.37 15.5M
Johnson & Johnson JNJ 61.87 62.26 61.32 62.18 14.8M
JPMorgan Chase JPM 49.63 50.39 49.52 50.29 14.5M
Wal-Mart Stores WMT 49.18 49.54 48.97 49.50 14.1M
Alphabet GOOGL 507.09 508.54 498.69 505.24 14.1M
Home Depot HD 37.61 37.83 37.44 37.73 14M
Bristol-Myers Squibb BMY 29.22 29.77 29.14 29.74 12.9M
Amazon AMZN 70.90 71.89 69.25 70.89 11.9M
Merck MRK 50.34 50.87 49.71 50.67 11.5M
Amgen AMGN 57.37 58.20 57.28 58.14 11.2M
Abbott Laboratories ABT 53.75 54.28 53.20 54.19 11.2M
Wells Fargo & Co. WFC 35.30 35.98 35.21 35.94 10.9M
Altria MO 70.24 70.35 69.63 70.26 10.2M
Coca-Cola KO 51.17 51.50 51.06 51.36 10M
Chevron CVX 80.81 81.55 80.72 81.15 9.95M
Schlumberger SLB 79.25 82.19 78.88 81.96 8.76M
McDonald's MCD 51.65 52.22 51.25 52.19 7.45M
UnitedHealth Group UNH 53.26 53.26 52.35 53.11 7.28M
International Business Machines IBM 102.91 103.26 102.10 103.12 6.44M
Pepsico PEP 66.08 66.42 65.54 66.39 5.71M
Boeing BA 97.12 98.55 96.92 98.47 5.33M
United Technologies UTX 69.88 70.73 69.60 70.73 4.97M
3M MMM 85.70 87.25 85.02 87.19 4.54M
Gilead Sciences GILD 79.05 80.34 78.85 80.34 4.2M
Union Pacific UNP 112.69 116.73 112.69 116.73 2.58M
Berkshire Hathaway BRK.B 3620.00 3625.00 3615.00 3625.00 8.4K
Exchange Rates of June 13, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 122.700 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.066 CAD 1 CAD = 0.938 USD
US Dollar Swiss Franc 1 USD = 1.244 CHF 1 CHF = 0.804 USD
US Dollar Chinese Yuan 1 USD = 7.632 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 163.320 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.675 GBP 1 GBP = 1.483 EUR
Euro Australian Dollar 1 EUR = 1.583 AUD 1 AUD = 0.632 EUR
Euro Canadian Dollar 1 EUR = 1.419 CAD 1 CAD = 0.705 EUR
Euro Swiss Franc 1 EUR = 1.656 CHF 1 CHF = 0.604 EUR
Japanese Yen Pound Sterling 1 JPY = 0.413 GBP 1 GBP = 2.423 JPY
Japanese Yen Australian Dollar 1 JPY = 0.969 AUD 1 AUD = 1.032 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.868 CAD 1 CAD = 1.152 JPY
Japanese Yen Swiss Franc 1 JPY = 1.014 CHF 1 CHF = 0.986 JPY
Pound Sterling Australian Dollar 1 GBP = 2.347 AUD 1 AUD = 0.426 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.103 CAD 1 CAD = 0.475 GBP
Pound Sterling Swiss Franc 1 GBP = 2.455 CHF 1 CHF = 0.407 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.896 CAD 1 CAD = 1.117 AUD
Australian Dollar Swiss Franc 1 AUD = 1.046 CHF 1 CHF = 0.956 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.167 CHF 1 CHF = 0.857 CAD

See what else happened on June 13, 2007