Financial news on February 16th, 2007
Business and Financial news
The ruling could force Wall Street firms to step up oversight of some of their most lucrative clients. Read more..
The Chrysler Group and General Motors are holding discussions about a joint project that would provide Chrysler with a version of the big Chevrolet Tahoe sport utility. Read more..
Prices for single-family homes fell in more than half of the nation’s biggest metropolitan areas in the last three months of 2006. Read more..
Wall Street analysts are being too optimistic about sales of Windows Vista, Steven A. Ballmer, Microsoft’s chief executive, said on Thursday. Read more..
A provincial school headmaster was convicted of using pirated Microsoft software in school computers, but no penalty was imposed. Read more..
Venture capital firms are considering contests with multimillion-dollar prizes for engineers and entrepreneurs who come up with innovative technologies. Read more..
DaimlerChrysler’s willingness to cut loose its Chrysler Group is drawing cheers from investors but Wall Street analysts were skeptical of an outright sale of Chrysler to G.M. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 28.91 | 28.94 | 28.65 | 28.74 | 109M |
| Intel | INTC | 21.26 | 21.40 | 21.15 | 21.23 | 47.5M |
| Cisco Systems | CSCO | 27.48 | 27.55 | 27.36 | 27.52 | 34.9M |
| Oracle Corp. | ORCL | 16.89 | 16.98 | 16.70 | 16.70 | 34.1M |
| General Electric | GE | 36.07 | 36.10 | 35.87 | 35.87 | 31M |
| Pfizer | PFE | 26.42 | 26.50 | 26.16 | 26.30 | 30.6M |
| Amgen | AMGN | 68.22 | 68.49 | 65.94 | 66.73 | 30.3M |
| ExxonMobil | XOM | 75.33 | 75.55 | 75.01 | 75.29 | 18.3M |
| Wal-Mart Stores | WMT | 48.35 | 48.85 | 48.25 | 48.48 | 17.1M |
| AT&T Inc. | T | 37.22 | 37.49 | 36.87 | 37.48 | 16.5M |
| Apple | AAPL | 85.25 | 85.41 | 84.66 | 84.83 | 14.3M |
| Merck | MRK | 44.07 | 44.75 | 43.91 | 44.28 | 13.7M |
| Johnson & Johnson | JNJ | 65.65 | 65.74 | 65.24 | 65.51 | 12.9M |
| Alphabet | GOOGL | 462.80 | 470.15 | 462.06 | 469.94 | 12.3M |
| Wells Fargo & Co. | WFC | 36.27 | 36.28 | 35.55 | 35.76 | 11.4M |
| JPMorgan Chase | JPM | 51.16 | 51.35 | 51.01 | 51.25 | 11.3M |
| Home Depot | HD | 41.60 | 41.66 | 41.20 | 41.44 | 11M |
| Comcast | CMCSA | 41.13 | 41.69 | 40.93 | 41.63 | 10.4M |
| HP Inc. | HPQ | 42.55 | 42.80 | 42.48 | 42.77 | 10.3M |
| Walt Disney & Co. | DIS | 34.68 | 34.91 | 34.41 | 34.89 | 9.64M |
| Chevron | CVX | 71.01 | 71.44 | 70.72 | 70.81 | 9.62M |
| ConocoPhillips | COP | 65.81 | 66.40 | 65.75 | 66.15 | 9.26M |
| Verizon Communications | VZ | 38.41 | 38.53 | 38.21 | 38.50 | 9.22M |
| Coca-Cola | KO | 48.09 | 48.10 | 47.76 | 47.87 | 8.75M |
| Abbott Laboratories | ABT | 52.53 | 52.80 | 52.28 | 52.49 | 8.42M |
| Procter & Gamble | PG | 64.89 | 65.50 | 64.80 | 65.07 | 8.16M |
| Schlumberger | SLB | 63.79 | 63.94 | 63.12 | 63.33 | 7.35M |
| Altria | MO | 85.99 | 86.26 | 85.57 | 86.20 | 7.22M |
| McDonald's | MCD | 45.00 | 45.38 | 44.86 | 45.32 | 6.81M |
| Pepsico | PEP | 64.27 | 64.95 | 64.13 | 64.62 | 6.39M |
| UnitedHealth Group | UNH | 53.51 | 54.28 | 53.43 | 53.95 | 6.28M |
| Bristol-Myers Squibb | BMY | 27.65 | 28.21 | 27.12 | 27.64 | 5.4M |
| International Business Machines | IBM | 99.12 | 99.25 | 98.63 | 98.99 | 4.8M |
| Amazon | AMZN | 39.90 | 40.44 | 39.87 | 40.33 | 4.68M |
| Boeing | BA | 91.98 | 92.00 | 90.73 | 90.94 | 4.55M |
| 3M | MMM | 76.91 | 77.43 | 76.41 | 76.84 | 3.79M |
| Gilead Sciences | GILD | 72.17 | 72.50 | 71.58 | 72.06 | 3.46M |
| United Technologies | UTX | 69.27 | 69.49 | 68.38 | 68.68 | 3.32M |
| Union Pacific | UNP | 102.33 | 102.73 | 100.34 | 101.73 | 1.6M |
| Berkshire Hathaway | BRK.B | 3590.00 | 3622.00 | 3563.00 | 3620.00 | 18.4K |
Exchange Rates of February 16th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 119.410 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.163 CAD | 1 CAD = 0.860 USD |
| US Dollar | Swiss Franc | 1 USD = 1.235 CHF | 1 CHF = 0.810 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.748 CNY | 1 CNY = 0.129 USD |
| Euro | Japanese Yen | 1 EUR = 156.880 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.674 GBP | 1 GBP = 1.485 EUR |
| Euro | Australian Dollar | 1 EUR = 1.669 AUD | 1 AUD = 0.599 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.528 CAD | 1 CAD = 0.655 EUR |
| Euro | Swiss Franc | 1 EUR = 1.623 CHF | 1 CHF = 0.616 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.429 GBP | 1 GBP = 2.330 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.063 AUD | 1 AUD = 0.940 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.973 CAD | 1 CAD = 1.027 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.034 CHF | 1 CHF = 0.967 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.478 AUD | 1 AUD = 0.404 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.268 CAD | 1 CAD = 0.441 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.408 CHF | 1 CHF = 0.415 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.915 CAD | 1 CAD = 1.093 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.971 CHF | 1 CHF = 1.030 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.062 CHF | 1 CHF = 0.942 CAD |
See what else happened on February 16th, 2007