Financial news on December 19, 2007
Business and Financial news
Jerry Bruckheimer announced a deal with MTV to develop video games, which are likely to start appearing on store shelves in 2009. Read more..
Officials from Merrill Lynch, Bear Stearns and other major banks are in talks to bail out ACA Capital Holdings, according to two people briefed on the situation. Read more..
Caitlin Adler is grappling with an age-old conundrum of starting a business: growth is good but she still has to meet the payroll. Read more..
Even as Detroit shows encouraging signs of life, the automobile industry, the city’s life force, faces further declines in the coming year. Read more..
The insurance industry planned to propose a series of steps the companies say would let more individuals obtain coverage. Read more..
With the increasing interest among marketers in embedding brands in entertainment programming, a viral campaign is arriving that spoofs the concept — while at the same time playing up the product. Read more..
The bank said it would sell a $5 billion stake to China’s sovereign wealth fund as it posted a loss after taking a $5.7 billion write-down. Read more..
The business software company surpassed Wall Street’s projections as the company reported a sharp rise in new software licenses. Read more..
OfficeMax has a holiday hit on its hands once again with ElfYourself.com. Read more..
Dennis J. FitzSimons will step down as chairman and chief executive of Tribune Company as soon as an $8.2 billion takeover deal is completed, the company said. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Oracle Corp. | ORCL | 21,33 | 21,40 | 20,56 | 20,76 | 68.6M |
Microsoft | MSFT | 34,69 | 35,14 | 34,38 | 34,79 | 58.5M |
General Electric | GE | 36,77 | 37,02 | 36,32 | 36,57 | 40M |
Pfizer | PFE | 23,33 | 23,48 | 23,01 | 23,27 | 35.3M |
Intel | INTC | 25,85 | 26,25 | 25,82 | 26,19 | 33.6M |
Cisco Systems | CSCO | 28,14 | 28,50 | 27,97 | 28,19 | 33.4M |
Apple | AAPL | 182,98 | 184,64 | 180,90 | 183,12 | 29.6M |
AT&T Inc. | T | 40,52 | 40,76 | 39,63 | 39,94 | 25.5M |
Comcast | CMCSA | 18,00 | 18,10 | 17,94 | 18,03 | 23.8M |
Wells Fargo & Co. | WFC | 30,39 | 31,29 | 30,21 | 30,62 | 23.6M |
JPMorgan Chase | JPM | 43,90 | 45,10 | 43,66 | 43,98 | 21.3M |
ExxonMobil | XOM | 91,07 | 92,00 | 90,44 | 91,43 | 19.6M |
Home Depot | HD | 26,43 | 26,43 | 25,84 | 26,24 | 17.9M |
Bristol-Myers Squibb | BMY | 28,24 | 28,26 | 27,81 | 27,96 | 16.9M |
Wal-Mart Stores | WMT | 48,39 | 48,49 | 47,85 | 48,08 | 13.1M |
Amgen | AMGN | 46,97 | 47,30 | 46,84 | 47,19 | 12.8M |
Verizon Communications | VZ | 44,10 | 44,35 | 43,44 | 43,65 | 12.3M |
Altria | MO | 76,09 | 77,21 | 75,70 | 76,68 | 11.6M |
ConocoPhillips | COP | 83,72 | 84,79 | 83,26 | 84,19 | 11.1M |
Walt Disney & Co. | DIS | 33,02 | 33,14 | 32,08 | 32,26 | 11M |
HP Inc. | HPQ | 50,99 | 51,55 | 50,74 | 51,15 | 10M |
Schlumberger | SLB | 91,55 | 94,40 | 91,10 | 91,11 | 9.68M |
Johnson & Johnson | JNJ | 67,59 | 67,75 | 67,21 | 67,32 | 8.85M |
Alphabet | GOOGL | 674,21 | 679,50 | 669,00 | 677,37 | 8.83M |
Boeing | BA | 87,50 | 88,17 | 86,47 | 86,62 | 8.62M |
Chevron | CVX | 91,39 | 92,12 | 90,32 | 90,90 | 8.33M |
Procter & Gamble | PG | 72,78 | 73,62 | 72,66 | 72,98 | 8.17M |
Merck | MRK | 59,63 | 60,00 | 59,03 | 59,34 | 8.04M |
Amazon | AMZN | 86,94 | 89,95 | 86,83 | 89,38 | 7.62M |
Abbott Laboratories | ABT | 57,58 | 58,00 | 56,96 | 57,23 | 7.53M |
Union Pacific | UNP | 122,49 | 126,60 | 121,36 | 124,61 | 7.4M |
Coca-Cola | KO | 62,20 | 63,00 | 62,10 | 62,85 | 7.2M |
International Business Machines | IBM | 106,54 | 108,38 | 105,87 | 107,14 | 7.03M |
McDonald's | MCD | 59,77 | 60,10 | 58,75 | 58,85 | 6.18M |
Pepsico | PEP | 77,19 | 77,39 | 76,32 | 76,79 | 5.04M |
UnitedHealth Group | UNH | 57,10 | 57,66 | 56,25 | 57,36 | 4.46M |
Gilead Sciences | GILD | 45,80 | 45,99 | 45,08 | 45,78 | 4.24M |
United Technologies | UTX | 76,05 | 76,60 | 74,95 | 75,80 | 3.84M |
3M | MMM | 85,69 | 85,84 | 84,11 | 84,93 | 3.73M |
Berkshire Hathaway | BRK.B | 4510,00 | 4510,00 | 4432,00 | 4478,00 | 11.9K |
Exchange Rates of December 19, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 113,420 JPY | 1 JPY = 0,009 USD |
US Dollar | Canadian Dollar | 1 USD = 1,002 CAD | 1 CAD = 0,998 USD |
US Dollar | Swiss Franc | 1 USD = 1,155 CHF | 1 CHF = 0,866 USD |
US Dollar | Chinese Yuan | 1 USD = 7,377 CNY | 1 CNY = 0,136 USD |
Euro | Japanese Yen | 1 EUR = 163,140 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,720 GBP | 1 GBP = 1,389 EUR |
Euro | Australian Dollar | 1 EUR = 1,674 AUD | 1 AUD = 0,597 EUR |
Euro | Canadian Dollar | 1 EUR = 1,441 CAD | 1 CAD = 0,694 EUR |
Euro | Swiss Franc | 1 EUR = 1,661 CHF | 1 CHF = 0,602 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,441 GBP | 1 GBP = 2,268 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,026 AUD | 1 AUD = 0,975 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,883 CAD | 1 CAD = 1,133 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,018 CHF | 1 CHF = 0,982 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,326 AUD | 1 AUD = 0,430 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2,002 CAD | 1 CAD = 0,500 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,307 CHF | 1 CHF = 0,434 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,860 CAD | 1 CAD = 1,163 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,991 CHF | 1 CHF = 1,009 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,152 CHF | 1 CHF = 0,868 CAD |
See what else happened on December 19, 2007