Financial news on December 17, 2007

Business and Financial news
Advertising Accounts

Accounts. Read more..

By THE NEW YORK TIMES - The New York Times

A Pro Athlete With Spare Millions? Lenny Dykstra Has Your Magazine

Lenny Dykstra, a former baseball star, is launching The Players Club, a magazine aimed at helping players manage their millions. Read more..

By KEN BELSON - The New York Times

A Quicker Resort This Year to Deep Discounting

Ideeli, a new e-commerce Web site, will offer members a chance to buy heavily discounted luxury items — as long as they are quick enough. Read more..

By BOB TEDESCHI - The New York Times

A Warning From Behind the Curtain

Media consumers have been watching the writers’ strike from the sidelines, but they might take notice if the awards season is replaced by marches and pickets. Read more..

By DAVID CARR - The New York Times

Beyond Sheep-Throwing: Rhapsody on Facebook

The new Facebook application for the Rhapsody music service shows some of the advantages of integrating powerful applications into Facebook’s environment. Read more..

By SAUL HANSELL - The New York Times

Faster Chips Are Leaving Programmers in Their Dust

Newer computer chips with multiple processors require dauntingly complex software and programmers are having a hard time keeping up. Read more..

By JOHN MARKOFF - The New York Times

Group to Ask for Expanded Inquiry of the Power Markets

A broad coalition of groups is expected to file a petition asking the Federal Energy Regulatory Commission to expand its investigation into the marketing of power. Read more..

By DAVID CAY JOHNSTON - The New York Times

Ingersoll to Buy Climate Control Maker

Ingersoll Rand, the industrial conglomerate, said Monday it would buy Trane, the air conditioning company that is the successor to American Standard, for $10.1 billion in cash and stock. Read more..

By ANDREW ROSS SORKIN and MICHAEL J. de la MERCED - The New York Times

Looking Ahead

Key milestones expected in the week ahead. Read more..

By THE NEW YORK TIMES - The New York Times

Would You Buy a Telephone From a Company Named Ribbit?

A startup takes an entire telephone company switchboard and makes it available over the Internet. This allows programmers to develop applications that combine telephone calls and other data. Read more..

By JOHN MARKOFF - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 26.23 26.28 25.38 25.72 64.8M
Microsoft MSFT 35.03 35.13 34.36 34.39 58.1M
Cisco Systems CSCO 28.59 28.65 27.92 27.95 44M
Pfizer PFE 23.01 23.33 22.92 22.97 43.9M
General Electric GE 36.89 36.90 36.28 36.48 40.4M
Oracle Corp. ORCL 21.15 21.16 20.82 20.94 37M
Apple AAPL 190.72 192.65 182.98 184.40 36.6M
Comcast CMCSA 18.01 18.15 18.00 18.10 31M
Home Depot HD 26.53 26.73 25.84 25.94 25.2M
AT&T Inc. T 40.80 41.14 40.44 40.50 23.5M
ExxonMobil XOM 90.76 90.90 89.40 89.89 22.7M
Wells Fargo & Co. WFC 29.91 30.88 29.50 30.07 21.8M
JPMorgan Chase JPM 44.51 45.50 44.36 44.53 20M
Wal-Mart Stores WMT 47.37 48.16 47.26 47.83 16.5M
Amgen AMGN 48.02 48.13 46.71 46.78 15M
Procter & Gamble PG 73.68 73.94 73.09 73.24 13.3M
Verizon Communications VZ 44.01 44.10 43.00 43.10 12.6M
Schlumberger SLB 93.08 93.75 88.30 90.28 12.6M
Merck MRK 60.18 60.59 59.42 59.49 12.6M
ConocoPhillips COP 83.01 83.16 81.57 81.91 12.5M
Bristol-Myers Squibb BMY 27.98 28.25 27.75 27.81 12.5M
Johnson & Johnson JNJ 67.55 67.76 67.21 67.55 12.4M
Walt Disney & Co. DIS 32.97 33.25 32.69 32.99 12M
Coca-Cola KO 63.90 64.15 62.28 62.47 11.9M
HP Inc. HPQ 51.81 52.05 50.79 50.93 11.2M
Alphabet GOOGL 688.00 695.42 663.67 669.23 11M
Abbott Laboratories ABT 57.25 57.94 56.56 56.77 10.4M
Altria MO 76.14 76.97 75.93 76.02 10.4M
Chevron CVX 91.42 91.76 89.58 89.98 8.21M
Amazon AMZN 89.01 89.06 84.99 85.09 7.7M
McDonald's MCD 61.00 61.00 59.71 59.76 7.29M
International Business Machines IBM 105.37 105.99 104.00 104.53 7.13M
Pepsico PEP 78.46 78.89 77.20 77.37 5.97M
UnitedHealth Group UNH 56.60 57.20 56.37 56.59 5.75M
Gilead Sciences GILD 45.50 46.19 45.32 45.44 5.5M
Boeing BA 88.10 88.90 87.20 87.40 4.95M
United Technologies UTX 76.45 76.65 74.83 75.04 4.47M
3M MMM 85.88 86.70 85.39 85.78 3.73M
Union Pacific UNP 130.23 130.84 128.77 128.96 1.88M
Berkshire Hathaway BRK.B 4655.00 4655.00 4460.00 4525.00 39.5K
Exchange Rates of December 17, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 112.910 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.005 CAD 1 CAD = 0.995 USD
US Dollar Swiss Franc 1 USD = 1.149 CHF 1 CHF = 0.870 USD
US Dollar Chinese Yuan 1 USD = 7.380 CNY 1 CNY = 0.136 USD
Euro Japanese Yen 1 EUR = 162.630 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.713 GBP 1 GBP = 1.404 EUR
Euro Australian Dollar 1 EUR = 1.680 AUD 1 AUD = 0.595 EUR
Euro Canadian Dollar 1 EUR = 1.448 CAD 1 CAD = 0.691 EUR
Euro Swiss Franc 1 EUR = 1.655 CHF 1 CHF = 0.604 EUR
Japanese Yen Pound Sterling 1 JPY = 0.438 GBP 1 GBP = 2.284 JPY
Japanese Yen Australian Dollar 1 JPY = 1.032 AUD 1 AUD = 0.969 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.890 CAD 1 CAD = 1.124 JPY
Japanese Yen Swiss Franc 1 JPY = 1.017 CHF 1 CHF = 0.983 JPY
Pound Sterling Australian Dollar 1 GBP = 2.357 AUD 1 AUD = 0.424 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.032 CAD 1 CAD = 0.492 GBP
Pound Sterling Swiss Franc 1 GBP = 2.321 CHF 1 CHF = 0.431 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.861 CAD 1 CAD = 1.161 AUD
Australian Dollar Swiss Franc 1 AUD = 0.984 CHF 1 CHF = 1.016 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.142 CHF 1 CHF = 0.875 CAD

See what else happened on December 17, 2007