Financial news on November 19, 2007

Business and Financial news
After Global Agreement, Companies May Bid Higher at Wireless Auction in U.S.

A global agreement on the versatile 700-megahertz band of ultra-high frequencies could help boost confidence, and prices, in January’s U.S. auction of wireless spectrum. Read more..

By VICTORIA SHANNON - The New York Times

A Guerrilla Video Site Meets MTV

Vice magazine, known for a raw, ironic sensibility, risqué photographs and a willingness to deal in taboo subjects, is now giving Viacom a lab for Web programming. Read more..

By ROBERT LEVINE - The New York Times

Celgene to Acquire Pharmion

The biotech company Celgene said Sunday that it would pay $2.9 billion in cash and stock to acquire Pharmion, strengthening Celgene’s cancer drug portfolio and its distribution in Europe. Read more..

By ANDREW POLLACK - The New York Times

Hewlett-Packard Beats Earnings Estimates

H.P.’s returns come as other major technology companies have spooked Wall Street by cautioning of a slow down in spending by their corporate customers in the U.S. Read more..

By MATT RICHTEL - The New York Times

Publishers Seek to Mine Book Circles

Increasingly, authors and publishers are tipping their hats to the power of book groups in helping to fuel sales. Read more..

By JOANNE KAUFMAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 33.96 34.24 33.87 33.96 63M
Pfizer PFE 23.35 23.40 22.63 22.71 58.4M
Intel INTC 25.45 25.60 25.10 25.17 52.3M
AT&T Inc. T 39.49 39.49 37.46 37.75 49.6M
Cisco Systems CSCO 29.76 29.99 29.28 29.43 43.5M
Apple AAPL 166.10 168.20 162.10 163.95 41.2M
Wells Fargo & Co. WFC 31.01 31.12 29.83 30.53 40.6M
General Electric GE 38.48 38.51 38.00 38.16 35.4M
JPMorgan Chase JPM 42.50 42.84 41.19 41.37 29.7M
Oracle Corp. ORCL 20.65 20.88 20.32 20.53 29M
HP Inc. HPQ 50.87 51.51 49.25 49.44 27.2M
Comcast CMCSA 19.78 19.78 19.24 19.35 27M
Home Depot HD 28.83 28.83 28.02 28.19 22M
ExxonMobil XOM 84.63 85.43 84.00 84.11 20.8M
Johnson & Johnson JNJ 67.46 68.01 67.44 67.59 19.2M
Verizon Communications VZ 43.50 43.75 42.58 43.05 17.8M
Bristol-Myers Squibb BMY 27.56 28.45 27.56 28.03 16.7M
Wal-Mart Stores WMT 46.00 46.35 45.25 45.47 15M
Walt Disney & Co. DIS 32.26 32.30 31.15 31.25 14.6M
ConocoPhillips COP 78.55 79.24 77.09 77.13 14.5M
Altria MO 72.75 74.35 72.75 73.84 14.3M
Merck MRK 57.90 58.60 57.79 58.25 13.6M
Procter & Gamble PG 72.87 73.29 72.28 72.82 11.3M
Alphabet GOOGL 629.59 636.77 618.50 625.85 11M
McDonald's MCD 57.88 58.95 57.88 58.60 10.7M
Abbott Laboratories ABT 54.86 55.25 54.65 54.82 10.3M
International Business Machines IBM 104.34 105.39 101.34 102.22 9.5M
Boeing BA 89.60 89.92 88.12 88.27 9.34M
Amazon AMZN 78.83 79.75 77.94 79.18 8.65M
Chevron CVX 85.98 86.37 84.62 85.03 8.55M
Coca-Cola KO 62.50 62.56 62.01 62.30 8.45M
UnitedHealth Group UNH 53.25 53.69 53.02 53.49 8.23M
Amgen AMGN 55.20 55.78 54.52 54.66 7.92M
Pepsico PEP 73.83 75.40 73.55 75.08 7.84M
Gilead Sciences GILD 44.58 44.58 42.76 43.28 7.35M
Schlumberger SLB 93.80 93.80 90.77 91.52 6.14M
United Technologies UTX 73.85 74.08 72.83 73.53 5.53M
3M MMM 81.22 82.34 81.04 81.70 5.02M
Union Pacific UNP 125.92 126.08 124.08 124.70 2.97M
Berkshire Hathaway BRK.B 4544.00 4565.00 4527.00 4565.00 20.1K
Exchange Rates of November 19, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 109.790 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.984 CAD 1 CAD = 1.016 USD
US Dollar Swiss Franc 1 USD = 1.115 CHF 1 CHF = 0.897 USD
US Dollar Chinese Yuan 1 USD = 7.427 CNY 1 CNY = 0.135 USD
Euro Japanese Yen 1 EUR = 161.040 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.715 GBP 1 GBP = 1.398 EUR
Euro Australian Dollar 1 EUR = 1.658 AUD 1 AUD = 0.603 EUR
Euro Canadian Dollar 1 EUR = 1.443 CAD 1 CAD = 0.693 EUR
Euro Swiss Franc 1 EUR = 1.636 CHF 1 CHF = 0.611 EUR
Japanese Yen Pound Sterling 1 JPY = 0.444 GBP 1 GBP = 2.253 JPY
Japanese Yen Australian Dollar 1 JPY = 1.029 AUD 1 AUD = 0.972 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.896 CAD 1 CAD = 1.116 JPY
Japanese Yen Swiss Franc 1 JPY = 1.015 CHF 1 CHF = 0.985 JPY
Pound Sterling Australian Dollar 1 GBP = 2.319 AUD 1 AUD = 0.431 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.018 CAD 1 CAD = 0.496 GBP
Pound Sterling Swiss Franc 1 GBP = 2.286 CHF 1 CHF = 0.437 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.870 CAD 1 CAD = 1.150 AUD
Australian Dollar Swiss Franc 1 AUD = 0.986 CHF 1 CHF = 1.015 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.133 CHF 1 CHF = 0.883 CAD

See what else happened on November 19, 2007