Financial news on April 17, 2007

Business and Financial news
Amgen Seeks to Reverse Its Bad News

A series of setbacks at the pharmaceutical giant pose the greatest challenge to its previously charmed 27-year history. Read more..

By ANDREW POLLACK - The New York Times

A Renewed Push for Ethanol, Without the Corn

Pressure is building to sort out the myriad production problems preventing cellulosic ethanol from becoming a reality. Read more..

By MATTHEW L. WALD and ALEXEI BARRIONUEVO - The New York Times

AT&T Drops Offer to Invest in Italian Phone Company

AT&T is said to have been dissuaded by the intense political pressure in Italy against a sale to a foreign company. Read more..

By ERIC SYLVERS - The New York Times

Home Depot to Display an Environmental Label

The new environmental initiative would become the largest green labeling program in American retailing. Read more..

By MICHAEL BARBARO - The New York Times

Karma, Karma, Karma Comes and Goes

It’s all about karma. And you have to have some good karma when you travel like I do. Read more..

By MARK PELTIER - The New York Times

Kraft Shifts 6 Brands From Ad Agency

JWT has worked for Kraft for eight decades and created two popular commercial jingles for Oscar Mayer. Read more..

By STUART ELLIOTT - The New York Times

Memo Pad

MORE TRANS-ATLANTIC COMPETITION Zoom Airlines, based in Ottawa, plans to begin service between Kennedy International Airport and London Gatwick Airport on June 21, with round-trip coach fares starting at about $510, including taxes and fees. Zoom ... Read more..

By JOE SHARKEY - The New York Times

Rexford Tompkins, 90, Who Helped Shape City’s Rent Stabilization, Dies

Rexford E. Tompkins was a former chairman of the Real Estate Board of New York who was one of the industry’s leading voices in creating a rent stabilization system. Read more..

By DENNIS HEVESI - The New York Times

Tyson Foods and ConocoPhillips to Produce Diesel Fuel From Animal Fat

The alliance was yet another sign that farmers and agribusinesses will be playing a large part in the country’s energy future. Read more..

By CLIFFORD KRAUSS - The New York Times

U.S. Approves Improvements for Implants

Federal regulators approved revised quality controls for Guidant’s pacemaker and defibrillator operations. Read more..

By BARNABY J. FEDER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20,67 21,00 20,66 20,98 105M
Cisco Systems CSCO 26,68 27,12 26,56 26,84 59.3M
General Electric GE 35,10 35,37 35,06 35,20 38.4M
Pfizer PFE 26,94 26,95 26,82 26,90 33.7M
Microsoft MSFT 28,63 28,89 28,56 28,85 33.2M
Johnson & Johnson JNJ 65,32 65,40 64,43 64,55 29.1M
Apple AAPL 92,00 92,30 89,70 90,35 26.9M
Oracle Corp. ORCL 18,80 19,00 18,80 18,89 26.3M
Coca-Cola KO 50,87 52,18 50,76 51,57 25.2M
ExxonMobil XOM 78,27 78,74 77,95 78,40 22.8M
Home Depot HD 38,74 39,50 38,70 39,44 15.7M
AT&T Inc. T 39,12 39,25 38,96 39,19 15.7M
Wells Fargo & Co. WFC 35,80 35,85 35,09 35,25 15.2M
McDonald's MCD 48,05 49,13 48,05 49,01 14.3M
Abbott Laboratories ABT 58,65 59,40 58,65 59,00 12.6M
Bristol-Myers Squibb BMY 28,58 28,75 28,02 28,29 12.5M
UnitedHealth Group UNH 54,78 55,15 54,09 54,62 12.5M
Wal-Mart Stores WMT 48,31 48,43 47,89 48,17 12.4M
Procter & Gamble PG 63,58 64,08 63,53 63,90 12.3M
Amgen AMGN 60,10 60,15 59,66 60,10 12.3M
HP Inc. HPQ 41,08 41,21 40,70 41,21 12.3M
JPMorgan Chase JPM 50,18 50,18 50,18 50,18 12.2M
Schlumberger SLB 77,57 78,25 77,24 77,50 12.2M
ConocoPhillips COP 70,71 71,17 70,03 70,43 12.1M
Pepsico PEP 64,68 66,01 64,44 65,80 12M
Verizon Communications VZ 37,81 37,81 37,42 37,46 11.9M
Merck MRK 50,30 50,45 49,82 50,01 11.7M
Comcast CMCSA 27,81 28,16 27,78 28,00 10.4M
International Business Machines IBM 96,30 97,66 96,02 97,12 10.3M
Altria MO 69,60 69,75 69,21 69,57 9.05M
Walt Disney & Co. DIS 34,93 35,24 34,71 35,15 9M
Chevron CVX 78,00 78,57 77,54 77,96 8.81M
Amazon AMZN 45,28 45,32 44,75 45,07 7.4M
Alphabet GOOGL 473,80 476,39 471,60 472,80 6.41M
United Technologies UTX 65,99 66,19 65,45 66,18 4.76M
Boeing BA 90,10 91,14 90,05 90,45 3.93M
Gilead Sciences GILD 79,48 79,96 79,11 79,36 3.76M
3M MMM 77,00 77,47 76,48 77,28 2.38M
Union Pacific UNP 111,41 111,41 109,94 110,46 1.32M
Berkshire Hathaway BRK.B 3667,50 3667,50 3651,00 3667,00 13.4K
Exchange Rates of April 17, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118,910 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,131 CAD 1 CAD = 0,884 USD
US Dollar Swiss Franc 1 USD = 1,209 CHF 1 CHF = 0,827 USD
US Dollar Chinese Yuan 1 USD = 7,733 CNY 1 CNY = 0,129 USD
Euro Japanese Yen 1 EUR = 161,320 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,676 GBP 1 GBP = 1,480 EUR
Euro Australian Dollar 1 EUR = 1,621 AUD 1 AUD = 0,617 EUR
Euro Canadian Dollar 1 EUR = 1,534 CAD 1 CAD = 0,652 EUR
Euro Swiss Franc 1 EUR = 1,640 CHF 1 CHF = 0,610 EUR
Japanese Yen Pound Sterling 1 JPY = 0,419 GBP 1 GBP = 2,388 JPY
Japanese Yen Australian Dollar 1 JPY = 1,004 AUD 1 AUD = 0,996 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,950 CAD 1 CAD = 1,052 JPY
Japanese Yen Swiss Franc 1 JPY = 1,016 CHF 1 CHF = 0,984 JPY
Pound Sterling Australian Dollar 1 GBP = 2,398 AUD 1 AUD = 0,417 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,269 CAD 1 CAD = 0,441 GBP
Pound Sterling Swiss Franc 1 GBP = 2,425 CHF 1 CHF = 0,412 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,946 CAD 1 CAD = 1,057 AUD
Australian Dollar Swiss Franc 1 AUD = 1,011 CHF 1 CHF = 0,989 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,069 CHF 1 CHF = 0,936 CAD

See what else happened on April 17, 2007