Financial news on February 14, 2007

Business and Financial news
Cellphone Ads May Take Off Soon

Experts say it is only a matter of time before the 2.2 billion mobile phone users around the world consider it natural to tune into a 15-second spot. Read more..

By ERIC SYLVERS - The New York Times

Chrysler to Announce Job Cuts, Plant Closings

A restructuring plan is expected to include the elimination of about 11,000 blue- and white-collar jobs and the closing of one and possibly two assembly plants. Read more..

By MICHELINE MAYNARD - The New York Times

CVS Raises Its Bid for Caremark Rx as Judge Delays Vote

The new offer of $25.7 billion came just hours before a judge made a surprise ruling that will force Caremark to postpone its shareholder vote on the CVS deal. Read more..

By ANDREW ROSS SORKIN - The New York Times

Google Said to Violate Copyright Laws

A case involving newspapers in Belgium could affect cases that publishers have brought against the search company in other countries. Read more..

By THOMAS CRAMPTON - The New York Times

Italy: Finalists in Bidding for Alitalia

Five companies were picked by the government as finalists in the bidding for its stake in Alitalia, the ailing state-controlled carrier. The bidders include the Texas Pacific Group, the private equity firm; UniCredit, the bank; as well as financie... Read more..

By BLOOMBERG NEWS - The New York Times

Odds Are, They’ll Know ’08 Winner

How Intrade, an online betting market for politics, bested the pundits in last year’s midterm elections. Read more..

By DAVID LEONHARDT - The New York Times

Sallie Mae Trading Queried

Democratic lawmakers said yesterday that they had requested copies of correspondence between the White House and Sallie Mae, the student loan company known as the SLM Corporation, after stock sales by the chairman days before the share price fell ... Read more..

By THE NEW YORK TIMES - The New York Times

U.S. Agency Violated Law in Seed Case, Judge Rules

The Agriculture Department failed to adequately assess possible environmental impacts before approving genetically engineered alfalfa, a judge ruled. Read more..

By ANDREW POLLACK - The New York Times

U.S. Trade Deficit Grew to Another Record in ’06

Americans last year imported $763.6 billion more worth of goods than they exported, the government reported. Read more..

By JEREMY W. PETERS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20,96 21,30 20,94 21,14 56.6M
Microsoft MSFT 29,17 29,69 29,15 29,40 55.6M
Cisco Systems CSCO 27,26 27,65 27,15 27,46 48.7M
Oracle Corp. ORCL 16,74 16,94 16,68 16,77 42.3M
General Electric GE 36,20 36,50 35,79 36,47 31.9M
Pfizer PFE 26,32 26,68 26,29 26,58 29.5M
AT&T Inc. T 37,31 37,56 37,08 37,19 21.6M
Home Depot HD 41,72 41,96 41,50 41,73 20.5M
Apple AAPL 84,63 85,64 84,57 85,30 18.1M
ExxonMobil XOM 75,90 76,00 74,99 75,60 17.6M
Coca-Cola KO 48,50 48,55 47,73 47,88 16.4M
ConocoPhillips COP 67,24 68,10 67,20 67,46 12.5M
Verizon Communications VZ 38,10 38,76 38,05 38,63 12.4M
Wal-Mart Stores WMT 48,08 48,13 47,75 47,87 12.3M
Walt Disney & Co. DIS 34,58 34,82 34,52 34,75 12M
Alphabet GOOGL 460,00 469,13 459,22 465,93 11.4M
JPMorgan Chase JPM 51,09 51,55 51,00 51,42 10.7M
Wells Fargo & Co. WFC 35,88 36,20 35,82 36,01 10.7M
Abbott Laboratories ABT 52,70 53,18 52,67 52,70 10.6M
Amgen AMGN 68,72 69,11 68,68 68,80 10.6M
Comcast CMCSA 41,03 41,64 41,01 41,36 10.3M
HP Inc. HPQ 42,59 42,99 42,37 42,83 8.27M
Chevron CVX 72,64 73,04 71,78 72,19 7.91M
Altria MO 86,03 86,47 85,50 86,39 7.84M
Johnson & Johnson JNJ 65,56 65,90 65,40 65,85 7.25M
Schlumberger SLB 64,68 65,33 64,15 64,66 7.18M
Pepsico PEP 63,80 63,96 63,35 63,35 6.89M
Amazon AMZN 39,23 40,28 39,14 40,14 6.81M
Merck MRK 44,14 44,23 43,90 44,06 6.56M
Procter & Gamble PG 64,85 65,07 64,62 64,88 5.97M
International Business Machines IBM 98,50 99,43 98,25 99,20 5.64M
McDonald's MCD 44,95 45,05 44,71 45,02 5.36M
UnitedHealth Group UNH 51,71 51,93 51,31 51,64 5.13M
Bristol-Myers Squibb BMY 27,59 27,98 27,57 27,72 4.99M
Gilead Sciences GILD 70,94 71,74 70,51 71,72 4.05M
3M MMM 76,43 76,92 76,28 76,84 3.89M
Boeing BA 89,27 90,17 89,27 89,94 3.87M
United Technologies UTX 67,35 68,44 67,10 68,17 3.8M
Union Pacific UNP 103,07 104,70 102,14 104,49 2.55M
Berkshire Hathaway BRK.B 3620,00 3620,00 3600,00 3610,00 15.9K
Exchange Rates of February 14, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120,780 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,165 CAD 1 CAD = 0,858 USD
US Dollar Swiss Franc 1 USD = 1,240 CHF 1 CHF = 0,807 USD
US Dollar Chinese Yuan 1 USD = 7,759 CNY 1 CNY = 0,129 USD
Euro Japanese Yen 1 EUR = 158,580 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,669 GBP 1 GBP = 1,495 EUR
Euro Australian Dollar 1 EUR = 1,674 AUD 1 AUD = 0,597 EUR
Euro Canadian Dollar 1 EUR = 1,530 CAD 1 CAD = 0,654 EUR
Euro Swiss Franc 1 EUR = 1,628 CHF 1 CHF = 0,614 EUR
Japanese Yen Pound Sterling 1 JPY = 0,422 GBP 1 GBP = 2,372 JPY
Japanese Yen Australian Dollar 1 JPY = 1,055 AUD 1 AUD = 0,948 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,964 CAD 1 CAD = 1,037 JPY
Japanese Yen Swiss Franc 1 JPY = 1,026 CHF 1 CHF = 0,974 JPY
Pound Sterling Australian Dollar 1 GBP = 2,504 AUD 1 AUD = 0,399 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,287 CAD 1 CAD = 0,437 GBP
Pound Sterling Swiss Franc 1 GBP = 2,433 CHF 1 CHF = 0,411 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,913 CAD 1 CAD = 1,095 AUD
Australian Dollar Swiss Franc 1 AUD = 0,971 CHF 1 CHF = 1,029 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,063 CHF 1 CHF = 0,940 CAD

See what else happened on February 14, 2007