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..

By DEALBOOK - The New York Times

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..

By MATTHEW HEALEY - The New York Times

Tibet Backers Show China Value of P.R.

With the Olympics in mind, China has been exploring American-style public relations approaches. Read more..

By STEPHANIE CLIFFORD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE32.3832.4231.7531.7598.1M
IntelINTC21.1221.3020.6420.6960.1M
MicrosoftMSFT28.2428.3127.9328.0643.4M
PfizerPFE20.5420.6320.4520.5637M
Wells Fargo & Co.WFC27.6727.9127.0827.2036.1M
JPMorgan ChaseJPM42.4442.8041.1741.5033.8M
Cisco SystemsCSCO23.2823.5923.1523.3131.4M
AppleAAPL146.77149.25144.54147.7830.2M
Oracle Corp.ORCL19.8320.1519.8019.8621.6M
ExxonMobilXOM88.7489.9888.5389.7019.6M
AltriaMO21.4621.6021.3321.5418.2M
Wal-Mart StoresWMT54.8955.3454.8655.1517.4M
AT&T Inc.T37.3537.7937.0237.2017M
MerckMRK41.1341.5140.7941.4013.6M
Abbott LaboratoriesABT52.8952.9052.2552.4712.7M
Verizon CommunicationsVZ35.7235.9035.2435.3412.4M
ComcastCMCSA19.5119.9019.5119.7711.5M
ConocoPhillipsCOP79.1580.2378.6079.8111.4M
Johnson & JohnsonJNJ65.9266.4265.7465.7410.3M
Coca-ColaKO60.3961.3560.1561.0010M
Bristol-Myers SquibbBMY21.7021.8821.4421.5510M
Walt Disney & Co.DIS30.2330.3829.8330.049.48M
Procter & GamblePG70.1070.4569.7670.129.08M
HP Inc.HPQ45.3746.2545.2245.828.72M
Home DepotHD28.1128.3827.8427.918.1M
International Business MachinesIBM116.20117.94115.95117.287.75M
AlphabetGOOGL457.16457.45450.15451.667.68M
Gilead SciencesGILD50.8451.4650.1050.787.55M
ChevronCVX88.8089.4088.5589.307.18M
VisaV66.9867.2465.5365.687.11M
SchlumbergerSLB90.7691.5989.9391.197.09M
AmgenAMGN42.9843.3742.8142.955.93M
United TechnologiesUTX69.5370.4169.3769.995.1M
BoeingBA76.6877.6476.6777.224.93M
PepsicoPEP71.4071.8770.9270.954.76M
UnitedHealth GroupUNH35.8536.3035.5336.294.54M
3MMMM78.2979.0477.7178.264.45M
AmazonAMZN71.7074.0071.2972.614.35M
McDonald'sMCD55.4955.8155.2355.543.88M
Union PacificUNP130.21131.75129.81131.372.08M
Berkshire HathawayBRK.B4374.004375.004277.504286.0021.5K
Exchange Rates of April 14, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 101.090 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.018 CAD1 CAD = 0.982 USD
US DollarSwiss Franc1 USD = 0.999 CHF1 CHF = 1.001 USD
US DollarChinese Yuan1 USD = 6.999 CNY1 CNY = 0.143 USD
EuroJapanese Yen1 EUR = 160.100 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.801 GBP1 GBP = 1.248 EUR
EuroAustralian Dollar1 EUR = 1.708 AUD1 AUD = 0.586 EUR
EuroCanadian Dollar1 EUR = 1.613 CAD1 CAD = 0.620 EUR
EuroSwiss Franc1 EUR = 1.582 CHF1 CHF = 0.632 EUR
Japanese YenPound Sterling1 JPY = 0.500 GBP1 GBP = 2.000 JPY
Japanese YenAustralian Dollar1 JPY = 1.066 AUD1 AUD = 0.938 JPY
Japanese YenCanadian Dollar1 JPY = 1.007 CAD1 CAD = 0.993 JPY
Japanese YenSwiss Franc1 JPY = 0.988 CHF1 CHF = 1.012 JPY
Pound SterlingAustralian Dollar1 GBP = 2.132 AUD1 AUD = 0.469 GBP
Pound SterlingCanadian Dollar1 GBP = 2.013 CAD1 CAD = 0.497 GBP
Pound SterlingSwiss Franc1 GBP = 1.974 CHF1 CHF = 0.507 GBP
Australian DollarCanadian Dollar1 AUD = 0.944 CAD1 CAD = 1.060 AUD
Australian DollarSwiss Franc1 AUD = 0.926 CHF1 CHF = 1.080 AUD
Canadian DollarSwiss Franc1 CAD = 0.981 CHF1 CHF = 1.020 CAD

See what else happened on April 14, 2008