Financial news on July 18, 2007

Business and Financial news
2nd Medtronic Neck Disk Wins Panel Approval

Analysts said Medtronic now has a commanding head start in the race to move artificial disk technology from the lower to the upper spine. Read more..

By BARNABY J. FEDER - The New York Times

3 Nonprofit Groups Get a Manhattan Deal: $1 a Year

The Battery Park City Authority has selected a handful of nonprofit groups to receive leases with the same favorable terms — $1 a year rent until 2069. Read more..

By J. ALEX TARQUINIO - The New York Times

A Smarter Way to Fetch E-Mail

Mail Fetcher offers you the chance to have outgoing messages stamped with your regular e-mail address. Read more..

By DAVID POGUE - The New York Times

Dow Falls Short of 14,000 at Close

The Dow Jones industrial average climbed above 14,000 for the first time today before giving up much of its gains late in the trading session. Read more..

By VIKAS BAJAJ - The New York Times

I.B.M. Showing That Giants Can Be Nimble

I.B.M. has been reorganized from a classic multinational company to a more seamless global enterprise. Read more..

By STEVE LOHR - The New York Times

Oil Industry Offers Sobering Outlook on Supply

A report by the National Petroleum Council, billed as a comprehensive analysis of the world’s energy challenge, involved 350 participants and suggestions from over 1,000 people. Read more..

By JAD MOUAWAD - The New York Times

S.E.C. Chief Seeks New Clout for Board Overseeing States

Christopher Cox will call for the passage of several measures intended to bolster the powers of the board that oversees financial disclosures by state and local governments. Read more..

By MARY WILLIAMS WALSH - The New York Times

Tip of the Week: iPhone Widgets

The iPhone may not have a lot of built-in programs, but developers have made dozens of Web-based applications that run right in the phone’s mini-Safari browser. Read more..

By J. D. BIERSDORFER - The New York Times

Web Site for Job Seekers Is Sold

The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $23 million for Mediabistro.com. Read more..

By ANGEL JENNINGS - The New York Times

Yahoo Profits Steady; Revenue Up 8%

Yahoo said its net income for the second quarter was $161 million, or 11 cents a share, almost unchanged from the same period a year ago, as revenues rose to $1.7 billion. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.96 25.34 24.81 25.06 134M
Pfizer PFE 25.18 25.30 24.72 25.13 113M
Microsoft MSFT 30.51 30.97 30.50 30.92 64.4M
General Electric GE 40.32 40.78 39.93 40.45 49.8M
Cisco Systems CSCO 29.45 29.55 28.88 29.44 48M
JPMorgan Chase JPM 48.81 49.29 47.83 48.88 35.5M
ExxonMobil XOM 88.82 91.40 88.75 91.15 30.7M
Oracle Corp. ORCL 20.20 20.42 20.16 20.41 30.7M
Comcast CMCSA 28.03 29.09 28.03 29.02 29.5M
Apple AAPL 138.19 138.44 136.04 138.12 27M
Abbott Laboratories ABT 54.00 54.97 53.56 53.70 21.7M
Wells Fargo & Co. WFC 35.45 35.49 34.99 35.39 19.8M
Wal-Mart Stores WMT 48.43 48.74 47.96 48.04 19.6M
AT&T Inc. T 39.84 39.98 39.27 39.63 18.3M
ConocoPhillips COP 85.48 87.55 85.46 87.40 17.9M
Home Depot HD 40.02 40.43 39.69 40.04 17.4M
Johnson & Johnson JNJ 62.51 62.90 62.02 62.20 16.9M
Coca-Cola KO 53.31 53.58 53.07 53.43 14.2M
Verizon Communications VZ 42.16 42.31 41.60 41.97 12.7M
Altria MO 70.29 70.92 69.65 70.30 12.6M
Alphabet GOOGL 553.89 554.50 543.81 549.50 12.1M
Chevron CVX 91.09 93.43 90.60 93.08 11.4M
Procter & Gamble PG 62.40 62.98 62.02 62.59 11.1M
Merck MRK 50.00 50.38 49.33 49.94 10.6M
Walt Disney & Co. DIS 34.56 34.78 34.19 34.60 10.3M
International Business Machines IBM 110.25 111.88 110.04 111.08 10.2M
HP Inc. HPQ 47.14 47.55 46.62 47.14 10.1M
Schlumberger SLB 89.52 91.45 88.53 91.20 9.72M
Bristol-Myers Squibb BMY 32.16 32.35 31.75 32.05 9.71M
Gilead Sciences GILD 39.13 39.57 38.93 39.34 9.5M
Amgen AMGN 55.44 56.07 55.39 55.80 9.03M
UnitedHealth Group UNH 54.01 54.10 53.14 53.58 9M
United Technologies UTX 76.00 76.20 74.85 75.56 8.72M
Pepsico PEP 66.27 66.55 65.60 66.13 7.54M
Amazon AMZN 73.27 73.49 72.25 73.32 6.29M
Union Pacific UNP 126.00 129.36 125.59 125.91 5.79M
McDonald's MCD 52.23 52.84 51.92 52.20 5.09M
3M MMM 91.10 91.96 91.00 91.48 4.35M
Boeing BA 101.85 102.75 100.89 101.82 4.33M
Berkshire Hathaway BRK.B 3660.00 3667.00 3643.00 3649.00 15K
Exchange Rates of July 18, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121.940 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 = 1.201 CHF 1 CHF = 0.833 USD
US Dollar Chinese Yuan 1 USD = 7.566 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 168.330 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.672 GBP 1 GBP = 1.488 EUR
Euro Australian Dollar 1 EUR = 1.572 AUD 1 AUD = 0.636 EUR
Euro Canadian Dollar 1 EUR = 1.440 CAD 1 CAD = 0.694 EUR
Euro Swiss Franc 1 EUR = 1.657 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 = 0.933 AUD 1 AUD = 1.071 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.855 CAD 1 CAD = 1.169 JPY
Japanese Yen Swiss Franc 1 JPY = 0.984 CHF 1 CHF = 1.016 JPY
Pound Sterling Australian Dollar 1 GBP = 2.338 AUD 1 AUD = 0.428 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.142 CAD 1 CAD = 0.467 GBP
Pound Sterling Swiss Franc 1 GBP = 2.465 CHF 1 CHF = 0.406 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.916 CAD 1 CAD = 1.092 AUD
Australian Dollar Swiss Franc 1 AUD = 1.054 CHF 1 CHF = 0.949 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.150 CHF 1 CHF = 0.869 CAD

See what else happened on July 18, 2007