Financial news on January 16, 2007

Business and Financial news
After Setbacks, BP May Be Forced to Give Up Some Control of Joint Venture in Russia

A landmark deal to open Russia’s natural resources for development will most likely be scaled back, as the government tightens controls. Read more..

By ANDREW E. KRAMER and HEATHER TIMMONS - The New York Times

An Airport Security Game That Rivals the Real Thing

In a free online flash game called Airport Security, you have to be quick to click on newly prohibited or allowable items. Read more..

By JOE SHARKEY - The New York Times

Asleep in Exhaustion, on a Sofa or on Pavement

Perhaps the worst, and most uncomfortable, place I have ever fallen asleep was in a parking lot in Beirut. Read more..

By ASHLEIGH BANFIELD - The New York Times

Buyers Scarce, Many Condos Are for Rent

The frenzied condominium market in big cities like Washington, Las Vegas, Miami and Boston has collapsed. Read more..

By VIKAS BAJAJ - The New York Times

Cars on the Edge, and Other Doubts

It is time again to ask 20 questions about advertising, marketing, the media and popular culture. Read more..

By STUART ELLIOTT - The New York Times

Hong Kong and Shanghai Duel for Financial Capital

The battle over economic dominance in China is partly a contest between traditional power and international influence. Read more..

By KEITH BRADSHER and DAVID BARBOZA - The New York Times

Memo Pad

The first extension of the Registered Traveler program beyond Orlando, Fla., is scheduled to start today at Terminal 7 at Kennedy International Airport as the expedited security program begins nationally. Read more..

By JOE SHARKEY - The New York Times

Netflix to Deliver Movies to the PC

Netflix is introducing a service to deliver movies and television shows directly to PCs, not as downloads but as streaming video. Read more..

By MIGUEL HELFT - The New York Times

Out of Sight, Under Fire Over Leases

As director of the troubled Minerals Management Service, Johnnie M. Burton has faced widespread complaints from Congress. Read more..

By EDMUND L. ANDREWS - The New York Times

Venezuela Ends Oil Negotiations

Venezuela will end negotiations with foreign oil companies over how it will take a majority control of their operations along the Orinoco River, the country’s oil minister, Rafael Ramírez, said on Monday. Read more..

By DOW JONES/THE ASSOCIATED PRESS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC22.1022.3021.7822.30132M
Cisco SystemsCSCO28.5928.5928.0028.0475.6M
MicrosoftMSFT31.2631.4531.0331.1662.4M
AppleAAPL95.6897.2595.4597.1044.4M
Oracle Corp.ORCL17.3917.4817.2617.3035.7M
PfizerPFE26.6426.8226.5126.7731.2M
ExxonMobilXOM72.5072.6571.2571.6325.4M
ConocoPhillipsCOP63.8864.2762.5062.8122.2M
AT&T Inc.T34.9034.9534.4434.6316.3M
General ElectricGE38.0038.2537.9338.1115.8M
Wells Fargo & Co.WFC35.8336.5035.7536.2315.2M
AlphabetGOOGL507.55513.00503.30504.2815.1M
Wal-Mart StoresWMT47.9848.4847.7948.3114.5M
ComcastCMCSA44.2344.8944.0344.4714.1M
SchlumbergerSLB57.4058.2057.1557.7912.8M
Home DepotHD40.0040.4239.9240.2912.6M
Abbott LaboratoriesABT50.5150.8850.3850.6112.2M
Verizon CommunicationsVZ37.4137.4936.9737.1612.1M
Walt Disney & Co.DIS35.0935.1534.8935.0311.2M
Procter & GamblePG64.9165.0064.7265.0010.4M
HP Inc.HPQ43.3543.4943.0543.2010.1M
International Business MachinesIBM99.40100.8499.30100.829.6M
AltriaMO88.6789.5087.9989.298.9M
JPMorgan ChaseJPM48.1648.4648.1048.398.7M
ChevronCVX70.0770.7069.2369.678.28M
UnitedHealth GroupUNH55.0055.9554.7255.758.21M
Johnson & JohnsonJNJ66.6566.7566.3066.547.96M
Bristol-Myers SquibbBMY26.2526.5726.1226.577.94M
Coca-ColaKO48.4848.6948.3448.506.34M
MerckMRK44.8045.1744.7144.956.28M
AmazonAMZN38.4038.8937.9738.665.64M
BoeingBA88.2588.5187.3088.005.54M
AmgenAMGN73.4073.5872.7773.505.47M
McDonald'sMCD44.3644.6544.1744.575.38M
United TechnologiesUTX64.8265.0064.2764.534.11M
Union PacificUNP91.6895.8891.6895.433.71M
Gilead SciencesGILD66.1766.4865.8566.353.57M
PepsicoPEP64.5064.9964.5064.853.52M
3MMMM79.4879.6278.9279.562.53M
Berkshire HathawayBRK.B3674.003682.003616.003619.0016K
Exchange Rates of January 16, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 120.660 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.176 CAD1 CAD = 0.850 USD
US DollarSwiss Franc1 USD = 1.248 CHF1 CHF = 0.801 USD
US DollarChinese Yuan1 USD = 7.790 CNY1 CNY = 0.128 USD
EuroJapanese Yen1 EUR = 155.880 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.659 GBP1 GBP = 1.518 EUR
EuroAustralian Dollar1 EUR = 1.650 AUD1 AUD = 0.606 EUR
EuroCanadian Dollar1 EUR = 1.519 CAD1 CAD = 0.658 EUR
EuroSwiss Franc1 EUR = 1.613 CHF1 CHF = 0.620 EUR
Japanese YenPound Sterling1 JPY = 0.422 GBP1 GBP = 2.368 JPY
Japanese YenAustralian Dollar1 JPY = 1.058 AUD1 AUD = 0.945 JPY
Japanese YenCanadian Dollar1 JPY = 0.974 CAD1 CAD = 1.027 JPY
Japanese YenSwiss Franc1 JPY = 1.035 CHF1 CHF = 0.967 JPY
Pound SterlingAustralian Dollar1 GBP = 2.505 AUD1 AUD = 0.399 GBP
Pound SterlingCanadian Dollar1 GBP = 2.306 CAD1 CAD = 0.434 GBP
Pound SterlingSwiss Franc1 GBP = 2.448 CHF1 CHF = 0.409 GBP
Australian DollarCanadian Dollar1 AUD = 0.920 CAD1 CAD = 1.087 AUD
Australian DollarSwiss Franc1 AUD = 0.977 CHF1 CHF = 1.024 AUD
Canadian DollarSwiss Franc1 CAD = 1.062 CHF1 CHF = 0.942 CAD

See what else happened on January 16, 2007