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

Stock Ticker symbol Open High Low Close Volume
General Electric GE 37.95 39.60 37.91 39.29 77.7M
Intel INTC 24.04 24.45 23.96 24.10 67.2M
Pfizer PFE 26.25 26.47 26.10 26.21 49.2M
Microsoft MSFT 30.48 30.66 30.38 30.46 46.8M
Cisco Systems CSCO 27.10 27.40 26.88 27.30 42.4M
Apple AAPL 124.69 125.01 122.91 123.66 33.7M
Bristol-Myers Squibb BMY 31.95 32.07 31.19 31.58 32.5M
Comcast CMCSA 27.78 28.15 27.74 28.10 24.7M
Oracle Corp. ORCL 19.79 19.95 19.63 19.88 24.4M
ExxonMobil XOM 86.19 86.43 85.71 85.84 19.5M
Procter & Gamble PG 61.81 61.91 61.10 61.82 19.3M
AT&T Inc. T 39.99 40.40 39.85 40.24 14.9M
Wal-Mart Stores WMT 47.77 48.97 47.77 48.81 14.8M
Home Depot HD 38.39 38.40 37.81 38.27 14.3M
JPMorgan Chase JPM 50.44 50.88 50.29 50.85 12.3M
HP Inc. HPQ 45.80 46.07 45.53 45.90 12.1M
Amazon AMZN 71.55 71.66 69.68 69.81 11.9M
Amgen AMGN 58.61 58.69 57.82 58.13 11.6M
ConocoPhillips COP 80.29 80.50 79.78 80.23 11.5M
Johnson & Johnson JNJ 62.34 62.67 62.20 62.42 11.4M
Walt Disney & Co. DIS 34.51 34.86 34.44 34.76 11.3M
Coca-Cola KO 51.58 51.68 51.11 51.39 10.7M
Altria MO 70.07 70.17 69.30 69.52 10.4M
Verizon Communications VZ 42.57 43.15 42.55 43.07 10.4M
Abbott Laboratories ABT 54.36 54.80 54.23 54.68 10.1M
Wells Fargo & Co. WFC 36.15 36.44 36.03 36.38 10M
Merck MRK 50.65 50.99 50.18 50.32 9.36M
Alphabet GOOGL 514.01 517.25 511.54 514.31 8.7M
Schlumberger SLB 85.45 86.67 84.85 85.77 7.98M
Chevron CVX 82.99 83.75 82.95 83.29 7.03M
Pepsico PEP 66.38 66.39 65.52 65.80 6.37M
McDonald's MCD 52.25 52.88 52.19 52.48 6.01M
International Business Machines IBM 104.93 106.66 104.90 106.50 5.75M
UnitedHealth Group UNH 52.69 52.93 52.60 52.74 5.67M
Boeing BA 97.40 98.24 96.51 96.92 5.12M
United Technologies UTX 72.19 72.30 71.41 71.72 4.27M
Gilead Sciences GILD 80.27 80.89 79.54 80.80 3.48M
3M MMM 87.43 87.93 86.92 87.82 2.35M
Union Pacific UNP 119.30 119.76 118.61 119.52 1.97M
Berkshire Hathaway BRK.B 3614.00 3629.00 3612.00 3628.50 11.6K
Exchange Rates of June 19, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 123.340 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.062 CAD 1 CAD = 0.941 USD
US Dollar Swiss Franc 1 USD = 1.241 CHF 1 CHF = 0.806 USD
US Dollar Chinese Yuan 1 USD = 7.618 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 165.620 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.675 GBP 1 GBP = 1.481 EUR
Euro Australian Dollar 1 EUR = 1.585 AUD 1 AUD = 0.631 EUR
Euro Canadian Dollar 1 EUR = 1.426 CAD 1 CAD = 0.701 EUR
Euro Swiss Franc 1 EUR = 1.666 CHF 1 CHF = 0.600 EUR
Japanese Yen Pound Sterling 1 JPY = 0.407 GBP 1 GBP = 2.455 JPY
Japanese Yen Australian Dollar 1 JPY = 0.957 AUD 1 AUD = 1.045 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.861 CAD 1 CAD = 1.162 JPY
Japanese Yen Swiss Franc 1 JPY = 1.006 CHF 1 CHF = 0.995 JPY
Pound Sterling Australian Dollar 1 GBP = 2.349 AUD 1 AUD = 0.426 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.113 CAD 1 CAD = 0.473 GBP
Pound Sterling Swiss Franc 1 GBP = 2.467 CHF 1 CHF = 0.405 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.899 CAD 1 CAD = 1.112 AUD
Australian Dollar Swiss Franc 1 AUD = 1.050 CHF 1 CHF = 0.952 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.168 CHF 1 CHF = 0.857 CAD

See what else happened on June 19, 2007