Financial news on June 19, 2007

Business and Financial news
Airbus Secures Big Orders at Air Show

Airlines gave a big lift to the order book for the next generation Airbus A350, announcing contracts for 114 of the planes on the first day of the Paris air show. Read more..

By NICOLA CLARK - The New York Times

Big Part of OxyContin Profit Was Consumed by Penalties

The $634.5 million in penalties and fines that Purdue Pharma agreed to pay to resolve a false marketing charge represents 90 percent of the profits it initially made from OxyContin. Read more..

By BARRY MEIER - The New York Times

Closing Arguments Begin in Black Trial

The former chairman of Hollinger International has been on trial for three months on charges relating to obstruction of justice and tax fraud. Read more..

By RICHARD SIKLOS - The New York Times

Ending a Climb, Shares Slip Amid Concern on Housing

Most stocks fell Monday for the first time in four days after confidence in the home building industry dropped to a 16-year low. Read more..

By BLOOMBERG NEWS - The New York Times

Finding Passion at Work

Some of us just know that we were born to be an entrepreneur or teach third grade; then there are the rest of us. Read more..

By MARCI ALBOHER - The New York Times

Getting Law Firms to Like Commercials

Television advertising has long been frowned on in the legal profession. But Spot Runner, an online advertising agency, is trying to change that. Read more..

By MARIA ASPAN - The New York Times

I.B.M. to Show Stream Computing System

The high-performance computer system is intended to increase the speed and accuracy of decision making in fields as diverse as security surveillance and Wall Street trading. Read more..

By STEVE LOHR - The New York Times

Justices Back Underwriters on New Issues

The Supreme Court found that Wall Street investment banks could not be sued under antitrust law over losses in the crash of technology stocks seven years ago. Read more..

By LINDA GREENHOUSE - The New York Times

RC2’s Train Wreck

The company that recalled Thomas the Tank Engine wooden trains, which were contaminated with paint containing lead, is learning about crisis management. Read more..

By DAVID BARBOZA and LOUISE STORY - The New York Times

Semel Steps Aside as Yahoo Chief

Terry Semel will hand over the reins to Jerry Yang in Yahoo’s latest attempt to regain investor confidence. Read more..

By JEREMY W. PETERS and SAUL HANSELL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE37.9539.6037.9139.2977.7M
IntelINTC24.0424.4523.9624.1067.2M
PfizerPFE26.2526.4726.1026.2149.2M
MicrosoftMSFT30.4830.6630.3830.4646.8M
Cisco SystemsCSCO27.1027.4026.8827.3042.4M
AppleAAPL124.69125.01122.91123.6633.7M
Bristol-Myers SquibbBMY31.9532.0731.1931.5832.5M
ComcastCMCSA27.7828.1527.7428.1024.7M
Oracle Corp.ORCL19.7919.9519.6319.8824.4M
ExxonMobilXOM86.1986.4385.7185.8419.5M
Procter & GamblePG61.8161.9161.1061.8219.3M
AT&T Inc.T39.9940.4039.8540.2414.9M
Wal-Mart StoresWMT47.7748.9747.7748.8114.8M
Home DepotHD38.3938.4037.8138.2714.3M
JPMorgan ChaseJPM50.4450.8850.2950.8512.3M
HP Inc.HPQ45.8046.0745.5345.9012.1M
AmazonAMZN71.5571.6669.6869.8111.9M
AmgenAMGN58.6158.6957.8258.1311.6M
ConocoPhillipsCOP80.2980.5079.7880.2311.5M
Johnson & JohnsonJNJ62.3462.6762.2062.4211.4M
Walt Disney & Co.DIS34.5134.8634.4434.7611.3M
Coca-ColaKO51.5851.6851.1151.3910.7M
AltriaMO70.0770.1769.3069.5210.4M
Verizon CommunicationsVZ42.5743.1542.5543.0710.4M
Abbott LaboratoriesABT54.3654.8054.2354.6810.1M
Wells Fargo & Co.WFC36.1536.4436.0336.3810M
MerckMRK50.6550.9950.1850.329.36M
AlphabetGOOGL514.01517.25511.54514.318.7M
SchlumbergerSLB85.4586.6784.8585.777.98M
ChevronCVX82.9983.7582.9583.297.03M
PepsicoPEP66.3866.3965.5265.806.37M
McDonald'sMCD52.2552.8852.1952.486.01M
International Business MachinesIBM104.93106.66104.90106.505.75M
UnitedHealth GroupUNH52.6952.9352.6052.745.67M
BoeingBA97.4098.2496.5196.925.12M
United TechnologiesUTX72.1972.3071.4171.724.27M
Gilead SciencesGILD80.2780.8979.5480.803.48M
3MMMM87.4387.9386.9287.822.35M
Union PacificUNP119.30119.76118.61119.521.97M
Berkshire HathawayBRK.B3614.003629.003612.003628.5011.6K
Exchange Rates of June 19, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 123.340 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.062 CAD1 CAD = 0.941 USD
US DollarSwiss Franc1 USD = 1.241 CHF1 CHF = 0.806 USD
US DollarChinese Yuan1 USD = 7.618 CNY1 CNY = 0.131 USD
EuroJapanese Yen1 EUR = 165.620 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.675 GBP1 GBP = 1.481 EUR
EuroAustralian Dollar1 EUR = 1.585 AUD1 AUD = 0.631 EUR
EuroCanadian Dollar1 EUR = 1.426 CAD1 CAD = 0.701 EUR
EuroSwiss Franc1 EUR = 1.666 CHF1 CHF = 0.600 EUR
Japanese YenPound Sterling1 JPY = 0.407 GBP1 GBP = 2.455 JPY
Japanese YenAustralian Dollar1 JPY = 0.957 AUD1 AUD = 1.045 JPY
Japanese YenCanadian Dollar1 JPY = 0.861 CAD1 CAD = 1.162 JPY
Japanese YenSwiss Franc1 JPY = 1.006 CHF1 CHF = 0.995 JPY
Pound SterlingAustralian Dollar1 GBP = 2.349 AUD1 AUD = 0.426 GBP
Pound SterlingCanadian Dollar1 GBP = 2.113 CAD1 CAD = 0.473 GBP
Pound SterlingSwiss Franc1 GBP = 2.467 CHF1 CHF = 0.405 GBP
Australian DollarCanadian Dollar1 AUD = 0.899 CAD1 CAD = 1.112 AUD
Australian DollarSwiss Franc1 AUD = 1.050 CHF1 CHF = 0.952 AUD
Canadian DollarSwiss Franc1 CAD = 1.168 CHF1 CHF = 0.857 CAD

See what else happened on June 19, 2007