Financial news on April 14, 2008
Business and Financial news
A Bull Market for Hostile Bids
Nobody likes to think they sold at the bottom of the market — which might explain why this year has begun with so many hostile takeover bids. Read more..
Bond Trader to Sell Rare Stamps for Charity
It is the second time that Bill Gross, the billionaire bond trader who has also acquired a reputation as a shrewd trader of rare stamps, will auction some of his collection for charity. Read more..
Tibet Backers Show China Value of P.R.
With the Olympics in mind, China has been exploring American-style public relations approaches. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| General Electric | GE | 32.38 | 32.42 | 31.75 | 31.75 | 98.1M |
| Intel | INTC | 21.12 | 21.30 | 20.64 | 20.69 | 60.1M |
| Microsoft | MSFT | 28.24 | 28.31 | 27.93 | 28.06 | 43.4M |
| Pfizer | PFE | 20.54 | 20.63 | 20.45 | 20.56 | 37M |
| Wells Fargo & Co. | WFC | 27.67 | 27.91 | 27.08 | 27.20 | 36.1M |
| JPMorgan Chase | JPM | 42.44 | 42.80 | 41.17 | 41.50 | 33.8M |
| Cisco Systems | CSCO | 23.28 | 23.59 | 23.15 | 23.31 | 31.4M |
| Apple | AAPL | 146.77 | 149.25 | 144.54 | 147.78 | 30.2M |
| Oracle Corp. | ORCL | 19.83 | 20.15 | 19.80 | 19.86 | 21.6M |
| ExxonMobil | XOM | 88.74 | 89.98 | 88.53 | 89.70 | 19.6M |
| Altria | MO | 21.46 | 21.60 | 21.33 | 21.54 | 18.2M |
| Wal-Mart Stores | WMT | 54.89 | 55.34 | 54.86 | 55.15 | 17.4M |
| AT&T Inc. | T | 37.35 | 37.79 | 37.02 | 37.20 | 17M |
| Merck | MRK | 41.13 | 41.51 | 40.79 | 41.40 | 13.6M |
| Abbott Laboratories | ABT | 52.89 | 52.90 | 52.25 | 52.47 | 12.7M |
| Verizon Communications | VZ | 35.72 | 35.90 | 35.24 | 35.34 | 12.4M |
| Comcast | CMCSA | 19.51 | 19.90 | 19.51 | 19.77 | 11.5M |
| ConocoPhillips | COP | 79.15 | 80.23 | 78.60 | 79.81 | 11.4M |
| Johnson & Johnson | JNJ | 65.92 | 66.42 | 65.74 | 65.74 | 10.3M |
| Coca-Cola | KO | 60.39 | 61.35 | 60.15 | 61.00 | 10M |
| Bristol-Myers Squibb | BMY | 21.70 | 21.88 | 21.44 | 21.55 | 10M |
| Walt Disney & Co. | DIS | 30.23 | 30.38 | 29.83 | 30.04 | 9.48M |
| Procter & Gamble | PG | 70.10 | 70.45 | 69.76 | 70.12 | 9.08M |
| HP Inc. | HPQ | 45.37 | 46.25 | 45.22 | 45.82 | 8.72M |
| Home Depot | HD | 28.11 | 28.38 | 27.84 | 27.91 | 8.1M |
| International Business Machines | IBM | 116.20 | 117.94 | 115.95 | 117.28 | 7.75M |
| Alphabet | GOOGL | 457.16 | 457.45 | 450.15 | 451.66 | 7.68M |
| Gilead Sciences | GILD | 50.84 | 51.46 | 50.10 | 50.78 | 7.55M |
| Chevron | CVX | 88.80 | 89.40 | 88.55 | 89.30 | 7.18M |
| Visa | V | 66.98 | 67.24 | 65.53 | 65.68 | 7.11M |
| Schlumberger | SLB | 90.76 | 91.59 | 89.93 | 91.19 | 7.09M |
| Amgen | AMGN | 42.98 | 43.37 | 42.81 | 42.95 | 5.93M |
| United Technologies | UTX | 69.53 | 70.41 | 69.37 | 69.99 | 5.1M |
| Boeing | BA | 76.68 | 77.64 | 76.67 | 77.22 | 4.93M |
| Pepsico | PEP | 71.40 | 71.87 | 70.92 | 70.95 | 4.76M |
| UnitedHealth Group | UNH | 35.85 | 36.30 | 35.53 | 36.29 | 4.54M |
| 3M | MMM | 78.29 | 79.04 | 77.71 | 78.26 | 4.45M |
| Amazon | AMZN | 71.70 | 74.00 | 71.29 | 72.61 | 4.35M |
| McDonald's | MCD | 55.49 | 55.81 | 55.23 | 55.54 | 3.88M |
| Union Pacific | UNP | 130.21 | 131.75 | 129.81 | 131.37 | 2.08M |
| Berkshire Hathaway | BRK.B | 4374.00 | 4375.00 | 4277.50 | 4286.00 | 21.5K |
Exchange Rates of April 14, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 101.090 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.018 CAD | 1 CAD = 0.982 USD |
| US Dollar | Swiss Franc | 1 USD = 0.999 CHF | 1 CHF = 1.001 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.999 CNY | 1 CNY = 0.143 USD |
| Euro | Japanese Yen | 1 EUR = 160.100 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.801 GBP | 1 GBP = 1.248 EUR |
| Euro | Australian Dollar | 1 EUR = 1.708 AUD | 1 AUD = 0.586 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.613 CAD | 1 CAD = 0.620 EUR |
| Euro | Swiss Franc | 1 EUR = 1.582 CHF | 1 CHF = 0.632 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.500 GBP | 1 GBP = 2.000 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.066 AUD | 1 AUD = 0.938 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 1.007 CAD | 1 CAD = 0.993 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.988 CHF | 1 CHF = 1.012 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.132 AUD | 1 AUD = 0.469 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.013 CAD | 1 CAD = 0.497 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 1.974 CHF | 1 CHF = 0.507 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.944 CAD | 1 CAD = 1.060 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.926 CHF | 1 CHF = 1.080 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.981 CHF | 1 CHF = 1.020 CAD |
See what else happened on April 14, 2008