Financial news on July 19, 2007

Business and Financial news
Big Rise Seen in Demand for Energy

A report by the National Petroleum Council, billed as a comprehensive analysis of the world’s energy challenge, sees a 50 percent rise in energy demand over the next 25 years. Read more..

By JAD MOUAWAD - The New York Times

Dice Rolls High with Second I.P.O

Employment Web site operator Dice Holdings went public for a second time on Wednesday and raised $217 million after pricing at the top of the range. TheDeal.com called the I.P.O. a “bonanza” for Dice’s two private equity backers, General Atlantic and Quadrangle Group, which have made roughly 2.7 times their money in two years. Read more..

By DEALBOOK - The New York Times

EBay Profit Is Up 50%; Listings Off

The online auctioneer’s quarterly earnings beat estimates, but C.E.O. Meg Whitman hopes a home page redesign will revive sluggish user growth and a drop in listings. Read more..

By BRAD STONE - The New York Times

Electronically Enhancing the Backyard Running Games of Childhood

Hyper Dash from Wild Planet is a timed racing game that uses radio frequency identification technology to track a child’s location on a course. Read more..

By WARREN BUCKLEITNER - The New York Times

Fed Trims Its Forecast for Growth

Ben S. Bernanke said he expected “moderate” growth, but that problems in housing had tempered the forecast. Read more..

By EDMUND L. ANDREWS - The New York Times

Ford Is Expecting Bids Today for Jaguar and Land Rover

Bids are expected on Thursday for Ford’s Jaguar and Land Rover units from a variety of companies, including private equity firms, and possibly other automakers. Read more..

By NICK BUNKLEY and MICHELINE MAYNARD - The New York Times

Noise-Blocking Headphones Light on the Head and the Batteries

JVC’s HA-NC250 noise-canceling headphones come with a removable cord and multiple plug adapters for connecting to almost any type of airplane headphone jack. Read more..

By JOHN BIGGS - The New York Times

Products to Break the Chemical Habit and Get Eco-Friendly

Method Products is launching its biggest-ever advertising push to showcase the company’s biodegradable cleaning products. Read more..

By LIA MILLER - The New York Times

Profit at I.B.M. Rises 12% on Strength of Its Software

The company’s performance shows that it is making progress in its shift toward selling higher-margin software. Read more..

By LAURIE J. FLYNN - The New York Times

Who’s Tapping Into My Home Network? This Wireless Router Will Let You Know

Belkin’s N1 Vision wireless router shows the number of connected users and devices, the speed of your uploads, and even how much network bandwidth is being used. Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 31.05 31.84 30.93 31.51 121M
Intel INTC 25.13 25.32 25.09 25.26 62.6M
Cisco Systems CSCO 29.85 30.00 29.81 29.94 53.3M
Pfizer PFE 25.22 25.24 24.93 24.99 51.9M
General Electric GE 40.58 40.79 40.48 40.71 29.8M
Oracle Corp. ORCL 20.56 20.72 20.52 20.60 29.3M
JPMorgan Chase JPM 49.50 49.69 47.84 48.62 26.2M
Apple AAPL 140.30 140.81 139.65 140.00 26.2M
ExxonMobil XOM 91.54 92.74 91.20 92.29 25.2M
Alphabet GOOGL 553.46 553.52 542.24 548.59 22.2M
Comcast CMCSA 29.02 29.41 28.61 28.97 19.2M
AT&T Inc. T 39.63 39.99 39.38 39.65 18.2M
UnitedHealth Group UNH 51.95 52.30 51.30 51.89 17.7M
International Business Machines IBM 115.00 116.48 114.65 115.86 17.3M
HP Inc. HPQ 47.52 49.09 47.52 48.40 17.2M
Home Depot HD 40.05 40.14 39.52 39.70 15.7M
Wal-Mart Stores WMT 48.36 48.98 48.10 48.79 15.4M
Wells Fargo & Co. WFC 35.54 35.75 35.17 35.54 15M
Abbott Laboratories ABT 54.63 54.68 53.58 54.32 13.1M
Johnson & Johnson JNJ 62.35 62.70 62.06 62.39 12.7M
ConocoPhillips COP 87.91 88.44 87.29 87.36 12.4M
Verizon Communications VZ 42.08 42.64 42.01 42.26 12.1M
Merck MRK 49.98 50.06 49.12 49.34 11.3M
Schlumberger SLB 91.98 93.60 91.80 93.45 10.9M
Pepsico PEP 66.22 66.52 65.25 65.47 9.94M
Gilead Sciences GILD 40.00 40.65 39.50 40.42 9.89M
Procter & Gamble PG 62.48 63.13 62.48 62.79 8.71M
Chevron CVX 93.46 93.73 92.48 93.00 8.42M
United Technologies UTX 76.18 77.40 75.09 77.18 8.38M
Altria MO 70.75 71.44 70.37 70.63 8.32M
Walt Disney & Co. DIS 34.66 34.83 34.40 34.47 8.07M
Bristol-Myers Squibb BMY 32.07 32.19 31.85 32.03 7.85M
Amgen AMGN 55.82 56.16 54.73 55.57 7.5M
Coca-Cola KO 53.90 53.94 53.43 53.70 7.23M
Amazon AMZN 74.24 74.32 73.12 73.35 5.27M
Union Pacific UNP 126.91 127.11 124.56 125.74 4.06M
McDonald's MCD 52.69 52.73 52.16 52.67 3.35M
3M MMM 91.80 91.95 90.41 91.17 2.79M
Boeing BA 101.63 102.82 101.63 102.48 2.6M
Berkshire Hathaway BRK.B 3647.00 3662.00 3629.00 3638.00 13.7K
Exchange Rates of July 19, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 122.000 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.043 CAD 1 CAD = 0.959 USD
US Dollar Swiss Franc 1 USD = 1.203 CHF 1 CHF = 0.831 USD
US Dollar Chinese Yuan 1 USD = 7.563 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 168.420 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.674 GBP 1 GBP = 1.484 EUR
Euro Australian Dollar 1 EUR = 1.568 AUD 1 AUD = 0.638 EUR
Euro Canadian Dollar 1 EUR = 1.440 CAD 1 CAD = 0.695 EUR
Euro Swiss Franc 1 EUR = 1.661 CHF 1 CHF = 0.602 EUR
Japanese Yen Pound Sterling 1 JPY = 0.400 GBP 1 GBP = 2.501 JPY
Japanese Yen Australian Dollar 1 JPY = 0.931 AUD 1 AUD = 1.074 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.854 CAD 1 CAD = 1.170 JPY
Japanese Yen Swiss Franc 1 JPY = 0.986 CHF 1 CHF = 1.014 JPY
Pound Sterling Australian Dollar 1 GBP = 2.328 AUD 1 AUD = 0.430 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.137 CAD 1 CAD = 0.468 GBP
Pound Sterling Swiss Franc 1 GBP = 2.465 CHF 1 CHF = 0.406 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.917 CAD 1 CAD = 1.090 AUD
Australian Dollar Swiss Franc 1 AUD = 1.059 CHF 1 CHF = 0.945 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.154 CHF 1 CHF = 0.867 CAD

See what else happened on July 19, 2007