Financial news on January 16, 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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.03 20.39 19.70 19.88 309M
Microsoft MSFT 33.42 33.65 32.51 33.23 121M
Cisco Systems CSCO 25.60 25.61 24.79 25.15 90.2M
Apple AAPL 165.23 169.01 156.70 159.64 79.1M
Oracle Corp. ORCL 21.03 22.33 20.85 21.92 76.9M
JPMorgan Chase JPM 40.37 42.65 40.21 41.43 63.2M
General Electric GE 34.33 35.08 34.31 34.56 60.4M
Pfizer PFE 23.40 23.81 23.35 23.40 54.9M
Wells Fargo & Co. WFC 27.74 28.11 26.72 27.37 43.7M
AT&T Inc. T 37.55 38.85 37.55 37.87 36.2M
ExxonMobil XOM 88.45 89.35 85.91 86.53 36M
Comcast CMCSA 17.98 18.64 17.67 18.18 35.1M
ConocoPhillips COP 80.25 80.60 76.70 77.09 29.6M
HP Inc. HPQ 43.80 45.20 43.64 44.34 28M
Home Depot HD 25.31 26.84 25.28 26.34 27.4M
Wal-Mart Stores WMT 47.14 48.05 46.68 47.49 25.3M
Schlumberger SLB 87.98 88.50 83.27 85.90 22.8M
Bristol-Myers Squibb BMY 26.01 26.47 25.70 25.82 21.3M
Alphabet GOOGL 628.97 639.99 601.93 615.95 21.1M
Abbott Laboratories ABT 59.79 61.07 59.28 60.50 20.1M
Walt Disney & Co. DIS 29.68 30.27 29.33 29.83 18.8M
Johnson & Johnson JNJ 67.33 68.85 67.33 68.31 18.3M
Merck MRK 57.84 58.98 57.75 58.35 16.1M
Chevron CVX 87.77 88.38 85.21 86.25 15.7M
Procter & Gamble PG 69.69 69.96 68.77 68.84 14.9M
Verizon Communications VZ 41.89 43.19 41.89 42.32 14.5M
Altria MO 78.15 78.67 77.51 77.91 14M
Boeing BA 76.95 81.31 76.50 79.87 13.3M
McDonald's MCD 53.42 53.83 52.22 52.41 13.2M
International Business Machines IBM 100.48 102.86 100.14 101.63 12.7M
Coca-Cola KO 63.57 63.85 62.48 62.65 12.7M
Amazon AMZN 79.58 82.36 78.44 80.35 12.4M
Amgen AMGN 47.51 48.25 47.35 47.49 11.9M
Gilead Sciences GILD 47.38 48.72 47.36 47.62 11M
Pepsico PEP 74.35 74.85 73.28 73.54 9.64M
UnitedHealth Group UNH 54.60 56.27 54.60 55.28 8.4M
United Technologies UTX 71.28 72.25 70.62 71.04 7.1M
3M MMM 76.83 78.58 76.83 77.30 4.47M
Union Pacific UNP 111.56 114.52 111.27 112.90 2.66M
Berkshire Hathaway BRK.B 4225.00 4274.00 4175.00 4225.00 22.8K
Exchange Rates of January 16, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 107.620 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.025 CAD 1 CAD = 0.975 USD
US Dollar Swiss Franc 1 USD = 1.101 CHF 1 CHF = 0.909 USD
US Dollar Chinese Yuan 1 USD = 7.232 CNY 1 CNY = 0.138 USD
Euro Japanese Yen 1 EUR = 157.690 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.746 GBP 1 GBP = 1.340 EUR
Euro Australian Dollar 1 EUR = 1.665 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.502 CAD 1 CAD = 0.666 EUR
Euro Swiss Franc 1 EUR = 1.613 CHF 1 CHF = 0.620 EUR
Japanese Yen Pound Sterling 1 JPY = 0.473 GBP 1 GBP = 2.115 JPY
Japanese Yen Australian Dollar 1 JPY = 1.055 AUD 1 AUD = 0.948 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.953 CAD 1 CAD = 1.050 JPY
Japanese Yen Swiss Franc 1 JPY = 1.022 CHF 1 CHF = 0.978 JPY
Pound Sterling Australian Dollar 1 GBP = 2.232 AUD 1 AUD = 0.448 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.014 CAD 1 CAD = 0.497 GBP
Pound Sterling Swiss Franc 1 GBP = 2.161 CHF 1 CHF = 0.463 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.902 CAD 1 CAD = 1.109 AUD
Australian Dollar Swiss Franc 1 AUD = 0.968 CHF 1 CHF = 1.033 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.073 CHF 1 CHF = 0.932 CAD

See what else happened on January 16, 2008