Financial news on July 17, 2008
Business and Financial news
It is a case that pits a mother desperately seeking a medical treatment for her son against a biotechnology company for whom she claims to have worked tirelessly as an advocate. Read more..
Mayor Michael R. Bloomberg and one of his earliest business partners are parting company in a deal that places a public value of the mayor’s private company. That figure: At least $22.5 billion. Read more..
Weighing in at less than a pound itself, Balanzza’s compact digital luggage scale is small enough to bring along and strong enough to weigh up to 100 pounds of suitcase. Read more..
Concerns about an economic slowdown pushed oil down yet again, prompting a 2.5 percent jump in the Dow, amid new evidence of rising prices. Read more..
The Japanese video game titans announced wide-ranging new games and services at the E3 convention on Tuesday but did not alter their overall strategies in the fast-growing game market. Read more..
Mr. Huffington was an independent oilman who defied industry precedent by signing an unusually generous deal with Indonesia and made a fortune on natural gas there. Read more..
When I click on a new e-mail message, it says, “external images are not displayed.” Is there a way to change my system so that the images automatically appear? Read more..
The secrecy surrounding offshore bank accounts was pierced Wednesday by a Senate report that examined how UBS helped wealthy individuals evade American taxes. Read more..
Airplane manufacturers are trying to bolster their green credentials by lauding initiatives to reduce the environmental impact of flying, as well as the cost. Read more..
A new study highlights the stark contrast between what the United States spends on its health system and the quality of care it delivers. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| JPMorgan Chase | JPM | 38.05 | 40.99 | 37.80 | 40.80 | 132M |
| Wells Fargo & Co. | WFC | 26.97 | 28.73 | 25.54 | 27.83 | 115M |
| Microsoft | MSFT | 27.58 | 27.91 | 27.11 | 27.52 | 96.5M |
| Intel | INTC | 21.22 | 22.40 | 21.04 | 21.99 | 94M |
| General Electric | GE | 28.10 | 28.42 | 27.69 | 28.00 | 73.5M |
| Cisco Systems | CSCO | 21.33 | 21.88 | 20.93 | 21.52 | 65.1M |
| Pfizer | PFE | 18.26 | 18.49 | 18.00 | 18.39 | 49.1M |
| Coca-Cola | KO | 51.20 | 51.36 | 49.70 | 50.34 | 39.6M |
| ExxonMobil | XOM | 81.30 | 81.79 | 79.10 | 80.33 | 39.2M |
| Oracle Corp. | ORCL | 20.48 | 21.04 | 20.37 | 20.86 | 37.4M |
| AT&T Inc. | T | 32.09 | 32.14 | 31.34 | 31.75 | 32.5M |
| ConocoPhillips | COP | 83.45 | 83.87 | 81.60 | 82.89 | 29.3M |
| Apple | AAPL | 174.09 | 174.98 | 171.39 | 171.81 | 27.1M |
| Comcast | CMCSA | 19.55 | 19.93 | 19.37 | 19.71 | 26.4M |
| Wal-Mart Stores | WMT | 56.98 | 57.91 | 55.42 | 57.68 | 24.8M |
| Home Depot | HD | 22.79 | 23.71 | 22.05 | 23.38 | 22.3M |
| Chevron | CVX | 86.14 | 86.75 | 83.97 | 85.67 | 20.5M |
| Abbott Laboratories | ABT | 57.10 | 57.98 | 55.08 | 57.50 | 20.4M |
| Schlumberger | SLB | 97.77 | 99.89 | 94.56 | 96.78 | 19.3M |
| HP Inc. | HPQ | 43.00 | 43.65 | 42.30 | 43.23 | 19M |
| Walt Disney & Co. | DIS | 30.50 | 31.23 | 30.12 | 31.20 | 18M |
| Alphabet | GOOGL | 535.35 | 537.05 | 524.50 | 533.44 | 17.6M |
| Merck | MRK | 36.54 | 36.96 | 36.04 | 36.96 | 17.2M |
| Visa | V | 73.70 | 75.06 | 71.35 | 75.06 | 16.8M |
| Verizon Communications | VZ | 35.50 | 35.60 | 34.98 | 35.43 | 16.2M |
| Altria | MO | 21.03 | 21.08 | 20.50 | 20.65 | 16.2M |
| UnitedHealth Group | UNH | 22.60 | 23.67 | 22.49 | 23.58 | 16M |
| Procter & Gamble | PG | 63.97 | 64.08 | 63.20 | 63.89 | 15.9M |
| Bristol-Myers Squibb | BMY | 22.45 | 22.93 | 22.00 | 22.54 | 15.6M |
| United Technologies | UTX | 64.50 | 65.31 | 62.58 | 64.70 | 14.4M |
| Johnson & Johnson | JNJ | 68.44 | 68.45 | 67.00 | 67.83 | 14.2M |
| International Business Machines | IBM | 126.39 | 126.96 | 124.00 | 126.52 | 12.3M |
| Gilead Sciences | GILD | 55.74 | 55.92 | 54.52 | 55.40 | 11.1M |
| Pepsico | PEP | 66.49 | 66.49 | 64.35 | 65.53 | 10.3M |
| Amgen | AMGN | 52.75 | 53.39 | 52.49 | 53.19 | 10.2M |
| Amazon | AMZN | 71.20 | 72.38 | 67.74 | 72.11 | 9.6M |
| McDonald's | MCD | 59.80 | 60.98 | 59.01 | 60.37 | 9.48M |
| Boeing | BA | 66.05 | 67.22 | 65.05 | 66.92 | 7.11M |
| 3M | MMM | 69.22 | 69.58 | 67.54 | 69.45 | 5.86M |
| Union Pacific | UNP | 73.69 | 74.43 | 71.93 | 73.20 | 4.27M |
| Berkshire Hathaway | BRK.B | 3890.00 | 3900.00 | 3779.00 | 3865.00 | 27.9K |
Exchange Rates of July 17, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 106.160 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 = 1.019 CHF | 1 CHF = 0.981 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.829 CNY | 1 CNY = 0.146 USD |
| Euro | Japanese Yen | 1 EUR = 168.380 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.793 GBP | 1 GBP = 1.261 EUR |
| Euro | Australian Dollar | 1 EUR = 1.629 AUD | 1 AUD = 0.614 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.594 CAD | 1 CAD = 0.628 EUR |
| Euro | Swiss Franc | 1 EUR = 1.617 CHF | 1 CHF = 0.619 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.471 GBP | 1 GBP = 2.124 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.967 AUD | 1 AUD = 1.034 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.946 CAD | 1 CAD = 1.057 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.960 CHF | 1 CHF = 1.042 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.055 AUD | 1 AUD = 0.487 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.009 CAD | 1 CAD = 0.498 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.038 CHF | 1 CHF = 0.491 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.977 CAD | 1 CAD = 1.023 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.991 CHF | 1 CHF = 1.009 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.014 CHF | 1 CHF = 0.986 CAD |
See what else happened on July 17, 2008