Financial news on August 14th, 2007

Business and Financial news
Google and Microsoft Look to Change Health Care

Two candidates for Web supremacy are working up their plans to improve the nation’s health care. Read more..

By STEVE LOHR - The New York Times

Hollywood Agent Wins the Right to Join Rival

Ed Limato, a longtime agent for stars like Steve Martin and Mel Gibson, will be able to leave International Creative Management for a rival and take his clients with him. Read more..

By BROOKS BARNES - The New York Times

Lawyer Quits Qualcomm Job as Legal Caseload Mounts

The resignation of Lou Lupin comes as Qualcomm faces multiple legal battles with rivals such as Broadcom and a U.S. government ban on importing some wireless phones using its chips. Read more..

By MATT RICHTEL - The New York Times

Oh, You Wanted to Go to That Salvador

I’m seeing the world about three weeks at a time. Brazil had been on my radar for a while, but once I decided to go recently, it was a very last-minute trip. Read more..

By NADA MARJANOVICH - The New York Times

Owner of Chinese Toy Factory Commits Suicide

Zhang Shuhong’s company was behind the recall earlier this month of more than a million Mattel toys. Read more..

By DAVID BARBOZA - The New York Times

Producer Prices Rise 0.6 Percent in July

A jump in energy prices caused prices paid at the producer level to rise more than expected last month despite falling food prices and small price increases for many other goods. Read more..

By JEREMY W. PETERS - The New York Times

Right There on the Tarmac, the Inmates Revolt

Since Dec. 29, there have been hundreds of reports of passengers unable to get off parked airplanes. But what made Continental Flight 1669 different is that the passengers protested. Read more..

By JOE SHARKEY - The New York Times

Stylish Cases Hold a Laptop, and More

Take a look around any airport and the business travelers are easy to spot — not so much by their wardrobe and gadgets - but by their luggage. Read more..

By SUSAN STELLIN - The New York Times

U.S. Seeks W.T.O. Ruling on Product Piracy in China

The Bush administration asked the World Trade Organization to rule in a complaint against China over piracy of copyrighted movies, music, software and books, escalating a dispute that has strained commercial relations between the two trading giant... Read more..

By BLOOMBERG NEWS - The New York Times

VMware Shares Surge With I.P.O.

Shares in the software company VMware surged nearly 75 percent early in their first day of trading, closing at $51, or $22 above the initial offering price of $29. Read more..

By STEVE LOHR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO30.9831.1730.0830.2686.4M
Wal-Mart StoresWMT44.0644.1943.5243.8263.3M
General ElectricGE38.1738.1937.5137.6844.2M
Home DepotHD35.1135.2933.4933.5242.3M
JPMorgan ChaseJPM43.9444.0243.1343.3025.2M
Oracle Corp.ORCL19.8019.8119.3219.3522.3M
AT&T Inc.T39.0939.4738.2638.2620.3M
Wells Fargo & Co.WFC33.9434.2333.5433.6618.9M
Johnson & JohnsonJNJ61.5161.9461.1161.1318.6M
HP Inc.HPQ48.6948.7646.9247.2818.4M
Abbott LaboratoriesABT54.1554.2452.2752.4713.8M
Walt Disney & Co.DIS33.2433.5032.1332.3611.5M
Procter & GamblePG64.2364.4563.5263.7210.9M
Bristol-Myers SquibbBMY29.0829.1028.4828.5010.7M
Verizon CommunicationsVZ41.6542.0040.8940.9610.4M
UnitedHealth GroupUNH49.2949.3848.1748.486.2M
Gilead SciencesGILD37.6038.2237.4037.675.99M
International Business MachinesIBM112.83113.15111.74112.055.62M
United TechnologiesUTX74.0574.2572.5872.783.95M
Union PacificUNP117.79118.35113.01113.143.43M
Berkshire HathawayBRK.B3639.003660.003618.003628.5012.6K
Exchange Rates of August 14th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.560 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.067 CAD1 CAD = 0.937 USD
US DollarSwiss Franc1 USD = 1.211 CHF1 CHF = 0.826 USD
US DollarChinese Yuan1 USD = 7.576 CNY1 CNY = 0.132 USD
EuroJapanese Yen1 EUR = 159.110 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.678 GBP1 GBP = 1.476 EUR
EuroAustralian Dollar1 EUR = 1.621 AUD1 AUD = 0.617 EUR
EuroCanadian Dollar1 EUR = 1.444 CAD1 CAD = 0.693 EUR
EuroSwiss Franc1 EUR = 1.639 CHF1 CHF = 0.610 EUR
Japanese YenPound Sterling1 JPY = 0.426 GBP1 GBP = 2.349 JPY
Japanese YenAustralian Dollar1 JPY = 1.018 AUD1 AUD = 0.982 JPY
Japanese YenCanadian Dollar1 JPY = 0.907 CAD1 CAD = 1.102 JPY
Japanese YenSwiss Franc1 JPY = 1.030 CHF1 CHF = 0.971 JPY
Pound SterlingAustralian Dollar1 GBP = 2.393 AUD1 AUD = 0.418 GBP
Pound SterlingCanadian Dollar1 GBP = 2.131 CAD1 CAD = 0.469 GBP
Pound SterlingSwiss Franc1 GBP = 2.418 CHF1 CHF = 0.414 GBP
Australian DollarCanadian Dollar1 AUD = 0.890 CAD1 CAD = 1.124 AUD
Australian DollarSwiss Franc1 AUD = 1.010 CHF1 CHF = 0.990 AUD
Canadian DollarSwiss Franc1 CAD = 1.134 CHF1 CHF = 0.882 CAD

See what else happened on August 14th, 2007