Financial news on May 18, 2007
Business and Financial news
J. C. Penney, Kohl’s and Nordstrom reported first-quarter profits that surpassed estimates and they increased their full-year earnings forecasts. Read more..
The CW network plans shorter ads and ads blended into shows to hold the attention of viewers through commercial breaks. Read more..
Texas lawmakers are on the verge of rejecting a requirement that state and local governments disclose the cost of the health care they have promised to retired employees. Read more..
An investment advisory firm is calling the removal of Roger L. Headrick, amid concern that his re-election to the board was aided by “phantom votes.” Read more..
Ben S. Bernanke said problems in the subprime market were unlikely to have a major effect on the economy. Read more..
A Syrian-born financier who helped broker an arms contract between BAE Systems and Saudi Arabia said he was not a target of a money-laundering investigation. Read more..
General Motors said its North American marketing and advertising chief, Mike Jackson, would leave the company June 15. Read more..
The sales gap between the Nintendo Wii and Sony’s competing PlayStation 3 widened during April. Read more..
Mexico’s economy grew in the first quarter at its slowest rate in more than a year as construction fell and automobile output declined on slumping demand in the United States. Gross domestic product grew 2.6 percent from a year earlier, the govern... Read more..
For the lawyers who worked under Eliot Spitzer in the New York attorney general’s office, the options have ranged from law firm partnerships to state agency heads. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 22.69 | 22.75 | 22.51 | 22.70 | 68.3M |
Microsoft | MSFT | 30.97 | 30.99 | 30.58 | 30.83 | 58.5M |
General Electric | GE | 36.75 | 37.27 | 36.70 | 36.96 | 41.5M |
Cisco Systems | CSCO | 26.36 | 26.41 | 26.16 | 26.21 | 40.8M |
Pfizer | PFE | 27.35 | 27.48 | 27.31 | 27.44 | 32.7M |
AT&T Inc. | T | 41.32 | 41.50 | 40.88 | 41.10 | 26.3M |
Oracle Corp. | ORCL | 19.07 | 19.25 | 19.01 | 19.25 | 25.9M |
ExxonMobil | XOM | 82.14 | 83.33 | 82.08 | 83.26 | 25M |
ConocoPhillips | COP | 73.57 | 75.11 | 72.74 | 74.85 | 23M |
Apple | AAPL | 110.23 | 110.64 | 109.77 | 110.02 | 22.2M |
Verizon Communications | VZ | 42.50 | 42.74 | 42.41 | 42.59 | 21.4M |
Comcast | CMCSA | 26.99 | 27.64 | 26.80 | 27.53 | 19.9M |
HP Inc. | HPQ | 45.04 | 45.04 | 44.15 | 44.58 | 17.8M |
Procter & Gamble | PG | 63.50 | 64.43 | 63.25 | 63.48 | 16.4M |
Amgen | AMGN | 53.52 | 54.50 | 53.50 | 54.04 | 14.8M |
Home Depot | HD | 38.49 | 38.91 | 38.25 | 38.88 | 13.9M |
Wal-Mart Stores | WMT | 47.32 | 47.37 | 47.18 | 47.27 | 13.7M |
Merck | MRK | 52.56 | 53.25 | 52.25 | 53.25 | 13.7M |
McDonald's | MCD | 52.42 | 52.42 | 51.82 | 52.33 | 13.5M |
Johnson & Johnson | JNJ | 62.98 | 63.63 | 62.80 | 63.42 | 13.4M |
Coca-Cola | KO | 52.36 | 52.65 | 52.09 | 52.63 | 12.9M |
Wells Fargo & Co. | WFC | 36.34 | 36.44 | 36.28 | 36.42 | 11.7M |
JPMorgan Chase | JPM | 52.62 | 52.93 | 52.45 | 52.54 | 11.1M |
Chevron | CVX | 81.85 | 82.92 | 81.80 | 82.85 | 11.1M |
Walt Disney & Co. | DIS | 36.11 | 36.19 | 35.83 | 36.02 | 11M |
Altria | MO | 69.94 | 70.15 | 69.56 | 69.95 | 10.5M |
Bristol-Myers Squibb | BMY | 30.22 | 30.48 | 30.04 | 30.45 | 10M |
International Business Machines | IBM | 105.84 | 108.05 | 105.60 | 107.99 | 9.86M |
Amazon | AMZN | 62.48 | 63.30 | 62.28 | 63.30 | 9.8M |
Schlumberger | SLB | 78.98 | 79.65 | 78.49 | 79.40 | 9.67M |
Abbott Laboratories | ABT | 58.98 | 59.50 | 58.58 | 59.43 | 9.65M |
Pepsico | PEP | 68.77 | 69.64 | 68.69 | 69.48 | 8.37M |
Alphabet | GOOGL | 472.03 | 472.70 | 469.75 | 470.32 | 7.38M |
UnitedHealth Group | UNH | 53.73 | 53.80 | 53.14 | 53.47 | 5.92M |
United Technologies | UTX | 69.65 | 69.85 | 69.00 | 69.19 | 4.73M |
Boeing | BA | 97.07 | 97.50 | 96.27 | 96.63 | 4.23M |
3M | MMM | 86.93 | 87.32 | 86.80 | 86.90 | 3.95M |
Gilead Sciences | GILD | 82.97 | 83.86 | 81.97 | 83.02 | 3.31M |
Union Pacific | UNP | 120.79 | 120.79 | 119.19 | 119.85 | 2.17M |
Berkshire Hathaway | BRK.B | 3615.00 | 3615.00 | 3590.00 | 3604.50 | 28.2K |
Exchange Rates of May 18, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 121.110 JPY | 1 JPY = 0.008 USD |
US Dollar | Canadian Dollar | 1 USD = 1.089 CAD | 1 CAD = 0.919 USD |
US Dollar | Swiss Franc | 1 USD = 1.227 CHF | 1 CHF = 0.815 USD |
US Dollar | Chinese Yuan | 1 USD = 7.669 CNY | 1 CNY = 0.130 USD |
Euro | Japanese Yen | 1 EUR = 163.600 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.684 GBP | 1 GBP = 1.462 EUR |
Euro | Australian Dollar | 1 EUR = 1.641 AUD | 1 AUD = 0.609 EUR |
Euro | Canadian Dollar | 1 EUR = 1.470 CAD | 1 CAD = 0.680 EUR |
Euro | Swiss Franc | 1 EUR = 1.658 CHF | 1 CHF = 0.603 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.418 GBP | 1 GBP = 2.393 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.003 AUD | 1 AUD = 0.998 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.898 CAD | 1 CAD = 1.113 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.013 CHF | 1 CHF = 0.987 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.400 AUD | 1 AUD = 0.417 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.150 CAD | 1 CAD = 0.465 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.423 CHF | 1 CHF = 0.413 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.895 CAD | 1 CAD = 1.117 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 1.010 CHF | 1 CHF = 0.991 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.127 CHF | 1 CHF = 0.887 CAD |
See what else happened on May 18, 2007