Financial news on January 19, 2007

Business and Financial news
A Chance to Save Their Skin

Cosmetics companies are increasingly running parallel campaigns aimed at younger customers. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

After Inquiries, Ford Official Decides to Skip Company Jet

The move comes amid media scrutiny over his flights, an expense that raised eyebrows because of billions in losses last year at Ford. Read more..

By MICHELINE MAYNARD - The New York Times

Approach Boss With Caution

If the personality of Jonathan G. Ornstein, head of the Mesa Air Group, is outsize, so are his ambitions. He wants to make the regional airline global. Read more..

By JEFF BAILEY - The New York Times

China: Intel Considers Building Chip Plant

Intel is considering building its first semiconductor factory in Asia in the northeastern Chinese city of Dalian. China’s central government has approved the project, said Gao Fujun, assistant counsel at the Dalian Foreign Trade and Economic Coope... Read more..

By BLOOMBERG NEWS - The New York Times

Coke Executive to Resign Post

Mary E. Minnick, will leave the company, a month after the company promoted its international chief, Muhtar Kent, to chief operating officer. Read more..

By BLOOMBERG NEWS - The New York Times

Germany: Media Mogul Demands Redress

Deutsche Bank and its former chief executive, Rolf E. Breuer, are facing damage claims of 1.4 billion euros ($1.8 billion) from the media mogul Leo Kirch for comments made in 2002 about the creditworthiness of Mr. Kirch’s media group. “The claims ... Read more..

By BLOOMBERG NEWS - The New York Times

Italy: Hungarian Move by Bank

Intesa Sanpaolo, the Italian bank, offered to buy shares in its Hungarian unit, Inter-Europa Bank Nyrt, also known as IEB. Intesa Sanpaolo, which owns 84.7 percent of IEB, which is based in Budapest, offered 4,074 forint ($21) a share, it said. Read more..

By BLOOMBERG NEWS - The New York Times

No Clear-Cut Path for Tribune’s Board

None of the recent bids for the company had enough clout or sizzle to generate much investor interest. Read more..

By GERALDINE FABRIKANT and KATHARINE Q. SEELYE - The New York Times

Stock Market in London Fights Nasdaq With Buyback

The London exchange pledged to buy back as much as £250 million ($493 million) in shares this year. Read more..

By HEATHER TIMMONS - The New York Times

Time Inc. Cutting Almost 300 Magazine Jobs to Focus More on Web Sites

The company is streamlining its publications to bolster its presence online, especially sites associated with its marquee magazines. Read more..

By KATHARINE Q. SEELYE - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 30,73 31,11 30,69 31,11 75.8M
Intel INTC 20,62 20,87 20,60 20,82 64.5M
General Electric GE 37,16 37,50 36,85 36,95 62.9M
Cisco Systems CSCO 26,45 26,85 26,42 26,70 62.3M
Apple AAPL 88,63 89,65 88,12 88,50 48.7M
Pfizer PFE 27,24 27,41 27,12 27,22 33.8M
Oracle Corp. ORCL 17,06 17,45 17,01 17,27 28.9M
International Business Machines IBM 95,00 96,85 94,55 96,17 26M
Abbott Laboratories ABT 53,34 53,75 53,15 53,52 25.3M
ExxonMobil XOM 72,52 73,63 72,20 73,53 23.9M
AT&T Inc. T 35,30 35,35 34,87 35,07 21.7M
Schlumberger SLB 59,45 61,11 58,84 61,00 18.7M
ConocoPhillips COP 63,35 64,23 62,96 63,95 18.4M
JPMorgan Chase JPM 48,14 48,83 48,14 48,76 14.6M
HP Inc. HPQ 42,34 42,46 41,48 42,00 14.4M
Johnson & Johnson JNJ 68,00 68,22 67,53 67,76 13.5M
Verizon Communications VZ 37,57 37,63 37,02 37,25 13.5M
Walt Disney & Co. DIS 35,93 35,97 35,48 35,50 12.6M
Home Depot HD 40,97 40,98 40,45 40,55 12.1M
Wal-Mart Stores WMT 48,49 48,74 48,19 48,31 12M
Wells Fargo & Co. WFC 36,29 36,33 35,87 36,04 10.6M
Comcast CMCSA 44,91 45,10 44,44 44,61 10.1M
Chevron CVX 71,33 72,39 70,80 72,32 9.98M
Altria MO 87,95 88,07 86,99 87,26 9.97M
Alphabet GOOGL 487,98 490,76 486,74 489,75 9.95M
Merck MRK 45,86 46,16 45,43 45,60 9.46M
Procter & Gamble PG 65,69 66,30 65,54 66,09 9.24M
UnitedHealth Group UNH 53,80 53,80 53,08 53,20 8.13M
Bristol-Myers Squibb BMY 26,79 27,00 26,61 26,63 6.87M
Amgen AMGN 73,94 74,56 73,75 74,25 6.79M
Coca-Cola KO 48,41 48,43 48,07 48,26 6.5M
Amazon AMZN 36,69 37,48 36,60 37,02 6.1M
Pepsico PEP 65,01 65,01 64,67 64,82 5.33M
McDonald's MCD 44,67 44,90 44,30 44,81 5.12M
Boeing BA 88,34 89,10 87,80 88,63 4.37M
United Technologies UTX 65,40 65,44 64,85 65,18 4.19M
Gilead Sciences GILD 65,87 66,71 65,38 65,58 3.19M
3M MMM 79,09 79,88 78,82 79,25 2.91M
Union Pacific UNP 96,70 97,45 95,82 96,33 2.54M
Berkshire Hathaway BRK.B 3640,00 3658,00 3631,00 3656,00 8.4K
Exchange Rates of January 19, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121,220 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,172 CAD 1 CAD = 0,853 USD
US Dollar Swiss Franc 1 USD = 1,248 CHF 1 CHF = 0,801 USD
US Dollar Chinese Yuan 1 USD = 7,777 CNY 1 CNY = 0,129 USD
Euro Japanese Yen 1 EUR = 157,120 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,657 GBP 1 GBP = 1,523 EUR
Euro Australian Dollar 1 EUR = 1,641 AUD 1 AUD = 0,610 EUR
Euro Canadian Dollar 1 EUR = 1,519 CAD 1 CAD = 0,658 EUR
Euro Swiss Franc 1 EUR = 1,618 CHF 1 CHF = 0,618 EUR
Japanese Yen Pound Sterling 1 JPY = 0,418 GBP 1 GBP = 2,394 JPY
Japanese Yen Australian Dollar 1 JPY = 1,044 AUD 1 AUD = 0,958 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,967 CAD 1 CAD = 1,035 JPY
Japanese Yen Swiss Franc 1 JPY = 1,029 CHF 1 CHF = 0,972 JPY
Pound Sterling Australian Dollar 1 GBP = 2,499 AUD 1 AUD = 0,400 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,314 CAD 1 CAD = 0,432 GBP
Pound Sterling Swiss Franc 1 GBP = 2,463 CHF 1 CHF = 0,406 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,925 CAD 1 CAD = 1,081 AUD
Australian Dollar Swiss Franc 1 AUD = 0,985 CHF 1 CHF = 1,015 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,064 CHF 1 CHF = 0,940 CAD

See what else happened on January 19, 2007