Financial news on January 18th, 2008

Business and Financial news
Australia: Job Growth Stirs Inflation Concern

Australian employment rose for a 14th month in December, adding to the longest hiring boom in almost three decades. Read more..

By BLOOMBERG NEWS - The New York Times

Brazil: Sale of Iron Ore Projects Is Weighed

The British mining company Anglo American is in exclusive negotiations to pay $5.5 billion for control of iron ore projects owned by a Brazilian mining concern. Read more..

By AP - The New York Times

McDonald’s Ending Promotion on Jackets of Children’s Report Cards

McDonald’s has decided to stop sponsoring Happy Meals as rewards for children with good grades and attendance records in elementary schools in Seminole County, Fla. Read more..

By STUART ELLIOTT - The New York Times

State Revises Hormone Label for Milk

Pennsylvania’s Agriculture Department has backed off its plan to ban milk-container labels stating that the milk comes from cows not treated with bovine growth hormone. Read more..

By ANDREW MARTIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO24.2325.1524.0624.3093.4M
General ElectricGE33.9234.9833.8034.3192.3M
JPMorgan ChaseJPM40.1740.6738.5239.5951.9M
Oracle Corp.ORCL21.3521.8321.1721.5851.5M
Wells Fargo & Co.WFC26.6026.9925.0225.4849.8M
AT&T Inc.T37.3037.8035.4136.1148.6M
Verizon CommunicationsVZ41.1341.4038.2539.0942.6M
Wal-Mart StoresWMT47.7548.5147.4247.5833.7M
Bristol-Myers SquibbBMY24.8525.0524.3624.4827.5M
Home DepotHD26.5127.4926.0026.2825.8M
HP Inc.HPQ43.8044.2943.0143.7525.1M
International Business MachinesIBM106.51106.72102.50103.4023.9M
Johnson & JohnsonJNJ67.9568.1666.0166.2922.7M
Abbott LaboratoriesABT60.0460.8658.7659.4320.7M
Procter & GamblePG68.4068.6566.7067.1518M
Walt Disney & Co.DIS29.0029.3128.2528.5116.4M
Gilead SciencesGILD46.7648.1445.1346.1713.7M
UnitedHealth GroupUNH54.6454.8853.1154.409.71M
United TechnologiesUTX68.5870.0067.7168.059.05M
Union PacificUNP110.03111.81107.62110.453.34M
Berkshire HathawayBRK.B4416.004500.004371.004405.0029K
Exchange Rates of January 18th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 106.820 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.027 CAD1 CAD = 0.974 USD
US DollarSwiss Franc1 USD = 1.099 CHF1 CHF = 0.910 USD
US DollarChinese Yuan1 USD = 7.242 CNY1 CNY = 0.138 USD
EuroJapanese Yen1 EUR = 156.180 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.748 GBP1 GBP = 1.338 EUR
EuroAustralian Dollar1 EUR = 1.662 AUD1 AUD = 0.602 EUR
EuroCanadian Dollar1 EUR = 1.501 CAD1 CAD = 0.666 EUR
EuroSwiss Franc1 EUR = 1.605 CHF1 CHF = 0.623 EUR
Japanese YenPound Sterling1 JPY = 0.478 GBP1 GBP = 2.091 JPY
Japanese YenAustralian Dollar1 JPY = 1.064 AUD1 AUD = 0.940 JPY
Japanese YenCanadian Dollar1 JPY = 0.961 CAD1 CAD = 1.041 JPY
Japanese YenSwiss Franc1 JPY = 1.028 CHF1 CHF = 0.973 JPY
Pound SterlingAustralian Dollar1 GBP = 2.224 AUD1 AUD = 0.450 GBP
Pound SterlingCanadian Dollar1 GBP = 2.008 CAD1 CAD = 0.498 GBP
Pound SterlingSwiss Franc1 GBP = 2.147 CHF1 CHF = 0.466 GBP
Australian DollarCanadian Dollar1 AUD = 0.902 CAD1 CAD = 1.108 AUD
Australian DollarSwiss Franc1 AUD = 0.965 CHF1 CHF = 1.036 AUD
Canadian DollarSwiss Franc1 CAD = 1.069 CHF1 CHF = 0.935 CAD

See what else happened on January 18th, 2008