Financial news on July 17, 2007

Business and Financial news
Clothes Shopping in Port au Prince, Unexpectedly

With a soapy hand, I fumbled around for my cellphone in the dark, pushing a random key so the display screen would light the concrete walls of the tiny bathroom in Cherident, Haiti. Read more..

By SCOTT SABIN - The New York Times

Ford Celebrates Its Growth and Success in Russia

Ford’s fortunes may be less than glittering elsewhere, but in Russia — Europe’s fastest-growing car market — there is reason to celebrate. Read more..

By ANDREW E. KRAMER - The New York Times

Group Raises Cash Bid for ABN Amro

A consortium of banks led by the Royal Bank of Scotland increased the cash portion of its bid for ABN Amro to 93 percent from 79 percent. Read more..

By JAMES KANTER - The New York Times

In Battle of Consoles, Nintendo Gains Allies

Momentum is building for the Wii from Nintendo among its crucial allies: game developers and publishers. Read more..

By MATT RICHTEL and ERIC A. TAUB - The New York Times

India’s Automakers Face Big Hurdles in Pursuing Global Ambitions

Indian automakers are plagued by a shortage of skilled workers, inferior product quality and deficient highway infrastructure, among other challenges. Read more..

By NICK BUNKLEY - The New York Times

Jerry Yang’s Ecosystem: A Fertile Climate for Buzzwords

Jerry Yang promised to “win” in his first conference call with investors Tuesday. But he didn’t say what game he thinks Yahoo is playing. Read more..

By SAUL HANSELL - The New York Times

Lawsuit Says Teachers Are Overcharged on Annuities

The suit, filed against the National Education Association, reflects heightened concern among retirement plan participants that excessive fees are diminishing their savings and enriching financial services firms. Read more..

By GRETCHEN MORGENSON - The New York Times

Microsoft Game Chief Moves to Electronic Arts

After overseeing the rising fortunes of the Xbox 360 game console, Peter Moore will run the sports division of the leading game publisher. Read more..

By SETH SCHIESEL - The New York Times

Stop Guessing About a Facebook Acquisition

Mark Zuckerberg has no reason to sell Facebook now. Read more..

By SAUL HANSELL - The New York Times

Toshiba Gains Ground in PCs

Toshiba is gaining momentum in the notebook computer market in the United States. Current Analysis West, a market analysis firm, says the Japanese electronics company sold 17.8 percent of all PCs, desktops and notebooks sold through retail outlets, in the second quarter. That’s up from 15 percent a year ago. Market leader Hewlett-Packard lost some […] Read more..

By DAMON DARLIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 26.06 26.52 25.98 26.33 122M
Microsoft MSFT 30.02 30.88 30.01 30.78 77.5M
General Electric GE 40.12 40.95 40.00 40.71 58.1M
Cisco Systems CSCO 29.85 29.98 29.60 29.73 37.5M
Pfizer PFE 26.04 26.15 25.92 25.96 35.2M
Johnson & Johnson JNJ 62.88 63.52 62.28 62.74 27.6M
Apple AAPL 138.30 139.60 137.50 138.91 25.4M
Pepsico PEP 67.13 67.25 66.25 66.40 24.3M
ExxonMobil XOM 89.70 90.56 89.01 89.09 23.5M
Oracle Corp. ORCL 20.25 20.47 20.21 20.38 21.8M
AT&T Inc. T 40.04 40.18 39.78 39.84 19.8M
ConocoPhillips COP 87.75 88.40 85.64 85.98 18.9M
JPMorgan Chase JPM 49.95 50.48 49.83 49.92 18.3M
Coca-Cola KO 54.33 54.38 52.81 53.17 16.5M
Comcast CMCSA 27.74 28.22 27.67 28.18 16.2M
Verizon Communications VZ 42.66 42.75 42.09 42.26 16.1M
Wells Fargo & Co. WFC 35.80 35.98 35.40 35.59 15.4M
Wal-Mart Stores WMT 48.76 48.88 48.30 48.35 14.1M
Home Depot HD 40.47 40.58 40.10 40.15 13.9M
Procter & Gamble PG 63.04 63.46 62.68 62.68 13.8M
Abbott Laboratories ABT 53.50 53.67 53.15 53.39 12.3M
Amgen AMGN 55.33 55.74 55.12 55.59 12M
HP Inc. HPQ 47.44 47.88 47.02 47.51 11.9M
Walt Disney & Co. DIS 34.44 34.87 34.35 34.68 11.4M
Chevron CVX 93.08 93.08 90.70 91.10 9.74M
Schlumberger SLB 90.50 91.79 88.82 89.87 9.26M
United Technologies UTX 77.55 77.82 76.69 76.84 8.75M
Alphabet GOOGL 555.04 557.73 552.38 555.00 8.65M
Gilead Sciences GILD 39.71 39.78 39.03 39.23 8.1M
Altria MO 71.54 71.75 71.11 71.28 7.76M
Merck MRK 50.65 51.10 50.13 50.27 7.72M
International Business Machines IBM 109.66 111.47 109.45 110.77 7.62M
Bristol-Myers Squibb BMY 32.02 32.29 31.85 32.14 6.43M
Amazon AMZN 74.39 74.52 73.59 73.79 6.08M
UnitedHealth Group UNH 52.66 53.42 52.59 53.00 5.69M
McDonald's MCD 52.02 52.40 52.00 52.16 5.49M
Boeing BA 101.91 102.73 101.40 102.05 3.35M
Union Pacific UNP 122.18 124.99 121.81 123.90 2.89M
3M MMM 91.44 91.68 90.59 91.08 2.55M
Berkshire Hathaway BRK.B 3654.00 3669.00 3641.00 3663.00 6.2K
Exchange Rates of July 17, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 122.320 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.044 CAD 1 CAD = 0.958 USD
US Dollar Swiss Franc 1 USD = 1.203 CHF 1 CHF = 0.831 USD
US Dollar Chinese Yuan 1 USD = 7.562 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 168.580 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.673 GBP 1 GBP = 1.485 EUR
Euro Australian Dollar 1 EUR = 1.579 AUD 1 AUD = 0.633 EUR
Euro Canadian Dollar 1 EUR = 1.438 CAD 1 CAD = 0.695 EUR
Euro Swiss Franc 1 EUR = 1.658 CHF 1 CHF = 0.603 EUR
Japanese Yen Pound Sterling 1 JPY = 0.399 GBP 1 GBP = 2.506 JPY
Japanese Yen Australian Dollar 1 JPY = 0.936 AUD 1 AUD = 1.068 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.853 CAD 1 CAD = 1.173 JPY
Japanese Yen Swiss Franc 1 JPY = 0.983 CHF 1 CHF = 1.017 JPY
Pound Sterling Australian Dollar 1 GBP = 2.345 AUD 1 AUD = 0.426 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.136 CAD 1 CAD = 0.468 GBP
Pound Sterling Swiss Franc 1 GBP = 2.462 CHF 1 CHF = 0.406 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.910 CAD 1 CAD = 1.099 AUD
Australian Dollar Swiss Franc 1 AUD = 1.049 CHF 1 CHF = 0.953 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.152 CHF 1 CHF = 0.868 CAD

See what else happened on July 17, 2007