Financial news on January 16th, 2008

Business and Financial news
A Classic Series, Retooled and Swingin’

A cartoon classic from the 1960s gets a makeover to suit the tastes of 21st-century kids. Read more..

By STUART ELLIOTT - The New York Times

Airbus Orders Trailed Boeing in 2007

Airbus said it had secured a record 1,341 orders for new aircraft in 2007, closely trailing Boeing as a surge in demand for air travel drove demand for new planes. Read more..

By NICOLA CLARK - The New York Times

Belgium: Copyright Violation Is Claimed

Belgian newspapers, emboldened by a court victory against Google last year, have started a preliminary copyright action against the European Commission over links on agency Web sites. Two Web sites owned by the commission, the Brussels-based execu... Read more..

By BLOOMBERG NEWS - The New York Times

Buddy, Can You Spare a Billion?

First, hard-pressed Wall Street banks turned to rich foreign governments for help. Now, they are seeking aid from the likes of New Jersey and big mutual funds. Read more..

By LANDON THOMAS Jr - The New York Times

Carlyle Said to Be in Talks to Buy Booz Allen Unit

Booz Allen Hamilton, the consulting firm, is in talks to sell its government contracting arm to the Carlyle Group and others for about $2 billion, people briefed on discussions said. Read more..

By ANDREW ROSS SORKIN - The New York Times

Citigroup Loss Raises Anxiety Over Economy

Reporting a fourth-quarter loss of $9.83 billion, Citigroup also issued a forecast that the economy had not yet bottomed out. Read more..

By JENNY ANDERSON and ERIC DASH - The New York Times

Coca-Cola Urged to Close an Indian Plant to Save Water

An environmental group says a Coca-Cola bottling plant in the drought-stricken state of Rajasthan is depleting scarce water supplies. Read more..

By AMELIA GENTLEMAN - The New York Times

Enhancing Its Hits, Apple Adds Movie Rentals, Ultralight Laptop

Apple’s Steven P. Jobs introduced an elegant new MacBook, and is betting he can mimic his digital music success with movies. Read more..

By JOHN MARKOFF - The New York Times

More Delays Expected for Boeing’s Dreamliner

The company is expected to announce another delay in production of its popular 787 Dreamliner, which could frustrate some international airlines’ expansion plans. Read more..

By JEFF BAILEY - The New York Times

Oracle, Sweetening Terms, Buys BEA

Just three months after BEA handily rejected its original unsolicited bid, Oracle said it would acquire BEA Systems for $8.5 billion. Read more..

By LAURIE J. FLYNN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO25,6025,6124,7925,1590.2M
Oracle Corp.ORCL21,0322,3320,8521,9276.9M
JPMorgan ChaseJPM40,3742,6540,2141,4363.2M
General ElectricGE34,3335,0834,3134,5660.4M
Wells Fargo & Co.WFC27,7428,1126,7227,3743.7M
AT&T Inc.T37,5538,8537,5537,8736.2M
HP Inc.HPQ43,8045,2043,6444,3428M
Home DepotHD25,3126,8425,2826,3427.4M
Wal-Mart StoresWMT47,1448,0546,6847,4925.3M
Bristol-Myers SquibbBMY26,0126,4725,7025,8221.3M
Abbott LaboratoriesABT59,7961,0759,2860,5020.1M
Walt Disney & Co.DIS29,6830,2729,3329,8318.8M
Johnson & JohnsonJNJ67,3368,8567,3368,3118.3M
Procter & GamblePG69,6969,9668,7768,8414.9M
Verizon CommunicationsVZ41,8943,1941,8942,3214.5M
International Business MachinesIBM100,48102,86100,14101,6312.7M
Gilead SciencesGILD47,3848,7247,3647,6211M
UnitedHealth GroupUNH54,6056,2754,6055,288.4M
United TechnologiesUTX71,2872,2570,6271,047.1M
Union PacificUNP111,56114,52111,27112,902.66M
Berkshire HathawayBRK.B4225,004274,004175,004225,0022.8K
Exchange Rates of January 16th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 107,620 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,025 CAD1 CAD = 0,975 USD
US DollarSwiss Franc1 USD = 1,101 CHF1 CHF = 0,909 USD
US DollarChinese Yuan1 USD = 7,232 CNY1 CNY = 0,138 USD
EuroJapanese Yen1 EUR = 157,690 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,746 GBP1 GBP = 1,340 EUR
EuroAustralian Dollar1 EUR = 1,665 AUD1 AUD = 0,601 EUR
EuroCanadian Dollar1 EUR = 1,502 CAD1 CAD = 0,666 EUR
EuroSwiss Franc1 EUR = 1,613 CHF1 CHF = 0,620 EUR
Japanese YenPound Sterling1 JPY = 0,473 GBP1 GBP = 2,115 JPY
Japanese YenAustralian Dollar1 JPY = 1,055 AUD1 AUD = 0,948 JPY
Japanese YenCanadian Dollar1 JPY = 0,953 CAD1 CAD = 1,050 JPY
Japanese YenSwiss Franc1 JPY = 1,022 CHF1 CHF = 0,978 JPY
Pound SterlingAustralian Dollar1 GBP = 2,232 AUD1 AUD = 0,448 GBP
Pound SterlingCanadian Dollar1 GBP = 2,014 CAD1 CAD = 0,497 GBP
Pound SterlingSwiss Franc1 GBP = 2,161 CHF1 CHF = 0,463 GBP
Australian DollarCanadian Dollar1 AUD = 0,902 CAD1 CAD = 1,109 AUD
Australian DollarSwiss Franc1 AUD = 0,968 CHF1 CHF = 1,033 AUD
Canadian DollarSwiss Franc1 CAD = 1,073 CHF1 CHF = 0,932 CAD

See what else happened on January 16th, 2008