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

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT31.0531.8430.9331.51121M
IntelINTC25.1325.3225.0925.2662.6M
Cisco SystemsCSCO29.8530.0029.8129.9453.3M
PfizerPFE25.2225.2424.9324.9951.9M
General ElectricGE40.5840.7940.4840.7129.8M
Oracle Corp.ORCL20.5620.7220.5220.6029.3M
JPMorgan ChaseJPM49.5049.6947.8448.6226.2M
AppleAAPL140.30140.81139.65140.0026.2M
ExxonMobilXOM91.5492.7491.2092.2925.2M
AlphabetGOOGL553.46553.52542.24548.5922.2M
ComcastCMCSA29.0229.4128.6128.9719.2M
AT&T Inc.T39.6339.9939.3839.6518.2M
UnitedHealth GroupUNH51.9552.3051.3051.8917.7M
International Business MachinesIBM115.00116.48114.65115.8617.3M
HP Inc.HPQ47.5249.0947.5248.4017.2M
Home DepotHD40.0540.1439.5239.7015.7M
Wal-Mart StoresWMT48.3648.9848.1048.7915.4M
Wells Fargo & Co.WFC35.5435.7535.1735.5415M
Abbott LaboratoriesABT54.6354.6853.5854.3213.1M
Johnson & JohnsonJNJ62.3562.7062.0662.3912.7M
ConocoPhillipsCOP87.9188.4487.2987.3612.4M
Verizon CommunicationsVZ42.0842.6442.0142.2612.1M
MerckMRK49.9850.0649.1249.3411.3M
SchlumbergerSLB91.9893.6091.8093.4510.9M
PepsicoPEP66.2266.5265.2565.479.94M
Gilead SciencesGILD40.0040.6539.5040.429.89M
Procter & GamblePG62.4863.1362.4862.798.71M
ChevronCVX93.4693.7392.4893.008.42M
United TechnologiesUTX76.1877.4075.0977.188.38M
AltriaMO70.7571.4470.3770.638.32M
Walt Disney & Co.DIS34.6634.8334.4034.478.07M
Bristol-Myers SquibbBMY32.0732.1931.8532.037.85M
AmgenAMGN55.8256.1654.7355.577.5M
Coca-ColaKO53.9053.9453.4353.707.23M
AmazonAMZN74.2474.3273.1273.355.27M
Union PacificUNP126.91127.11124.56125.744.06M
McDonald'sMCD52.6952.7352.1652.673.35M
3MMMM91.8091.9590.4191.172.79M
BoeingBA101.63102.82101.63102.482.6M
Berkshire HathawayBRK.B3647.003662.003629.003638.0013.7K
Exchange Rates of July 19, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 122.000 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.043 CAD1 CAD = 0.959 USD
US DollarSwiss Franc1 USD = 1.203 CHF1 CHF = 0.831 USD
US DollarChinese Yuan1 USD = 7.563 CNY1 CNY = 0.132 USD
EuroJapanese Yen1 EUR = 168.420 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.674 GBP1 GBP = 1.484 EUR
EuroAustralian Dollar1 EUR = 1.568 AUD1 AUD = 0.638 EUR
EuroCanadian Dollar1 EUR = 1.440 CAD1 CAD = 0.695 EUR
EuroSwiss Franc1 EUR = 1.661 CHF1 CHF = 0.602 EUR
Japanese YenPound Sterling1 JPY = 0.400 GBP1 GBP = 2.501 JPY
Japanese YenAustralian Dollar1 JPY = 0.931 AUD1 AUD = 1.074 JPY
Japanese YenCanadian Dollar1 JPY = 0.854 CAD1 CAD = 1.170 JPY
Japanese YenSwiss Franc1 JPY = 0.986 CHF1 CHF = 1.014 JPY
Pound SterlingAustralian Dollar1 GBP = 2.328 AUD1 AUD = 0.430 GBP
Pound SterlingCanadian Dollar1 GBP = 2.137 CAD1 CAD = 0.468 GBP
Pound SterlingSwiss Franc1 GBP = 2.465 CHF1 CHF = 0.406 GBP
Australian DollarCanadian Dollar1 AUD = 0.917 CAD1 CAD = 1.090 AUD
Australian DollarSwiss Franc1 AUD = 1.059 CHF1 CHF = 0.945 AUD
Canadian DollarSwiss Franc1 CAD = 1.154 CHF1 CHF = 0.867 CAD

See what else happened on July 19, 2007