Financial news on September 17, 2007

Business and Financial news
A ‘Disappointed’ Greenspan Lashes Out at Bush’s Economic Policies

In an interview timed with the release of his memoir, Alan Greenspan, a lifelong Republican, sought to distance himself from the economic policies of President Bush. Read more..

By EDMUND L. ANDREWS - The New York Times

After Labor Day, Go Directly to Halloween

Weeks before Halloween, marketers, retailers and media companies are busily painting the town orange in order to satisfy consumers who are already in the mood. Read more..

By STUART ELLIOTT - The New York Times

As Europe Debated, Microsoft Took Market Share

Top lawyers for Microsoft and the European Commission are to learn whether the company has persuaded the court to overturn a record $690 million fine and antitrust ruling. Read more..

By KEVIN J. O'BRIEN - The New York Times

At 25, ‘McPaper’ Is All Grown Up

An older, more serious USA Today is facing the challenge of readers and advertisers fleeing to the Internet. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

G.M. Talks With Union Said to Be Breaking Down

Talks between the United Automobile Workers and General Motors appeared close to an impasse Sunday night. Read more..

By MICHELINE MAYNARD - The New York Times

New York Post Will Publish Weekly Page Six Magazine

The New York Post is introducing Page Six Magazine as a Sunday insert. The title refers to The Post’s gossip page, but the magazine will be broader than its namesake. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Paulson Urges Caution on Regulation

The Treasury secretary said that turmoil in the world’s financial markets could continue for some time, but he cautioned against hasty introduction of new regulations. Read more..

By JAMES KANTER - The New York Times

Red Carpet Meets Harsh War

Are audiences ready for the steady stream of movies and documentaries that bring a faraway war very close? Read more..

By DAVID CARR - The New York Times

The iPhone Heads to Europe; Euros Head to Cupertino

Apple’s reportedly will announce deals to sell the iPhone in Europe this week. Carriers O2, Orange and T-Mobile are said to be giving huge portions of the usage fees back to Apple. Read more..

By SAUL HANSELL - The New York Times

Withdrawals Continue at British Bank

Shares in Northern Rock dropped 40 percent to a 7-year low in London after customers reportedly withdrew at least £2 billion, or $4 billion. Read more..

By JULIA WERDIGIER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.87 25.08 24.76 24.85 46.4M
Pfizer PFE 24.16 24.23 23.85 24.13 40.7M
Microsoft MSFT 28.79 28.88 28.62 28.73 39.5M
Apple AAPL 138.99 140.59 137.60 138.41 28.3M
AT&T Inc. T 40.31 40.55 39.98 40.00 25M
General Electric GE 40.08 40.35 40.04 40.18 24.3M
Oracle Corp. ORCL 20.00 20.23 19.88 20.02 23.3M
ExxonMobil XOM 88.50 89.74 88.30 89.26 19M
Comcast CMCSA 25.01 25.06 24.57 24.89 18.3M
JPMorgan Chase JPM 45.39 45.63 44.89 45.29 18M
Cisco Systems CSCO 31.26 31.74 31.25 31.50 15M
HP Inc. HPQ 48.27 49.52 48.21 49.14 14.5M
Wal-Mart Stores WMT 43.23 43.54 42.99 43.32 14M
Home Depot HD 35.35 35.70 35.18 35.38 13.1M
McDonald's MCD 55.30 55.44 54.14 54.64 11.7M
Wells Fargo & Co. WFC 35.46 35.79 35.38 35.66 11.6M
Verizon Communications VZ 42.50 42.99 42.42 42.59 11.2M
Johnson & Johnson JNJ 63.02 63.33 62.70 62.94 11.1M
Coca-Cola KO 56.00 56.10 55.04 55.28 10.5M
Procter & Gamble PG 67.49 68.29 67.26 67.95 10.3M
Amgen AMGN 55.65 55.99 54.51 55.46 10.1M
ConocoPhillips COP 84.71 85.66 84.42 84.73 9.47M
Abbott Laboratories ABT 51.91 52.28 51.51 51.99 8.41M
Chevron CVX 90.01 91.54 90.00 90.93 7.73M
Walt Disney & Co. DIS 33.36 33.45 33.06 33.38 7.21M
Merck MRK 49.25 49.65 48.97 49.41 6.87M
Bristol-Myers Squibb BMY 28.33 28.50 28.01 28.08 6.85M
Altria MO 67.08 67.53 66.77 67.00 6.66M
UnitedHealth Group UNH 49.73 50.11 49.57 49.95 6.28M
Schlumberger SLB 99.99 101.86 99.45 99.63 5.7M
Gilead Sciences GILD 37.80 37.86 37.05 37.23 5.21M
Pepsico PEP 69.36 70.06 69.12 69.80 5.1M
International Business Machines IBM 114.70 115.25 114.30 114.52 5.02M
Amazon AMZN 86.98 87.34 85.98 86.91 4.48M
Alphabet GOOGL 526.53 529.28 524.07 525.30 4.39M
Boeing BA 98.80 99.73 98.07 98.64 3.79M
United Technologies UTX 75.70 76.24 75.52 75.83 2.6M
3M MMM 88.95 89.74 88.74 88.93 1.89M
Union Pacific UNP 111.61 112.21 110.59 111.00 1.12M
Berkshire Hathaway BRK.B 3995.00 3995.00 3938.00 3947.50 9.8K
Exchange Rates of September 17, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115.070 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.028 CAD 1 CAD = 0.973 USD
US Dollar Swiss Franc 1 USD = 1.187 CHF 1 CHF = 0.842 USD
US Dollar Chinese Yuan 1 USD = 7.523 CNY 1 CNY = 0.133 USD
Euro Japanese Yen 1 EUR = 159.490 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.695 GBP 1 GBP = 1.439 EUR
Euro Australian Dollar 1 EUR = 1.664 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.424 CAD 1 CAD = 0.702 EUR
Euro Swiss Franc 1 EUR = 1.646 CHF 1 CHF = 0.608 EUR
Japanese Yen Pound Sterling 1 JPY = 0.436 GBP 1 GBP = 2.296 JPY
Japanese Yen Australian Dollar 1 JPY = 1.043 AUD 1 AUD = 0.959 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.892 CAD 1 CAD = 1.121 JPY
Japanese Yen Swiss Franc 1 JPY = 1.032 CHF 1 CHF = 0.969 JPY
Pound Sterling Australian Dollar 1 GBP = 2.394 AUD 1 AUD = 0.418 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.049 CAD 1 CAD = 0.488 GBP
Pound Sterling Swiss Franc 1 GBP = 2.368 CHF 1 CHF = 0.422 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.855 CAD 1 CAD = 1.169 AUD
Australian Dollar Swiss Franc 1 AUD = 0.988 CHF 1 CHF = 1.012 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.155 CHF 1 CHF = 0.866 CAD

See what else happened on September 17, 2007