Financial news on April 20, 2007

Business and Financial news
Agencies Hear a Call for More Creativity, but Also More Accountability

Creativity as the pathway to consumer persuasion — and profitability was a major theme at a recent advertising conference. Read more..

By STUART ELLIOTT - The New York Times

Hedge Funds’ Activism Creates New Wealth for Law Firms

The re-emergence of proxy fights is a reason that mergers-and-acquisitions lawyers are redefining the hedge fund practice. Read more..

By ELLEN ROSEN - The New York Times

Owners Lose and Bosses Win in Bad Mergers

Academic research offers insights into how the very equity-based incentives that were supposed to make managers think like owners have instead encouraged them to overpay for acquisitions. Read more..

By FLOYD NORRIS - The New York Times

Times Co., Gannett and Tribune Co. Report Declines

The industry continues to face tough times as advertisers shift their focus away from print to the Internet. Read more..

By LANDON THOMAS Jr - The New York Times

Wal-Mart Reports Its Chief Was Paid $29.7 Million in 2006

The world’s largest retailer paid its chief executive $29.7 million last year after sales grew at the slowest pace in more than two decades. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 22,05 22,20 21,66 22,16 120M
Pfizer PFE 27,05 27,14 26,67 26,97 63.1M
Microsoft MSFT 28,98 29,10 28,70 29,02 60.3M
General Electric GE 35,18 35,24 34,93 35,13 58.4M
Cisco Systems CSCO 27,05 27,10 26,75 26,99 42.5M
ExxonMobil XOM 78,45 79,80 78,00 79,76 41.1M
Oracle Corp. ORCL 18,98 19,06 18,82 19,00 37.6M
Alphabet GOOGL 490,52 492,50 482,02 482,48 24.3M
AT&T Inc. T 39,44 39,90 39,44 39,87 23.6M
Wal-Mart Stores WMT 48,59 49,84 48,51 49,76 23.4M
JPMorgan Chase JPM 52,47 52,71 52,10 52,54 21.2M
Wells Fargo & Co. WFC 36,49 36,49 36,02 36,30 20.7M
Procter & Gamble PG 63,99 64,00 63,49 63,80 18.8M
Merck MRK 50,64 51,62 50,35 51,49 18.7M
Apple AAPL 90,89 91,18 90,55 90,97 18.7M
Comcast CMCSA 28,00 28,11 27,49 27,91 17.4M
Schlumberger SLB 75,93 77,24 74,03 75,23 16.3M
ConocoPhillips COP 69,91 71,32 69,37 71,25 16.2M
Johnson & Johnson JNJ 65,45 65,45 64,87 65,12 15.8M
Verizon Communications VZ 37,98 38,37 37,73 37,91 15.8M
Chevron CVX 77,29 78,63 77,06 78,45 15.6M
Abbott Laboratories ABT 57,93 57,99 57,21 57,85 15.6M
Amgen AMGN 62,64 62,86 61,56 61,97 14.6M
Home Depot HD 39,33 39,34 38,92 39,21 13.7M
UnitedHealth Group UNH 52,49 53,85 52,11 53,20 13.7M
McDonald's MCD 49,60 49,70 47,67 48,36 12.6M
Walt Disney & Co. DIS 35,19 35,32 34,71 35,28 12.3M
HP Inc. HPQ 41,45 41,61 41,10 41,37 11.6M
Altria MO 69,94 70,06 69,26 69,55 10.9M
Coca-Cola KO 52,05 52,15 51,62 52,09 10.6M
International Business Machines IBM 95,02 95,15 93,91 94,58 9.34M
Bristol-Myers Squibb BMY 28,42 28,79 28,34 28,67 9.09M
Pepsico PEP 66,25 66,82 66,25 66,65 8.04M
United Technologies UTX 68,49 68,49 67,10 67,48 7.63M
Boeing BA 93,77 94,12 93,06 93,29 6.04M
Amazon AMZN 45,09 45,17 44,52 44,95 5.98M
Gilead Sciences GILD 82,63 83,00 81,85 82,39 5.27M
3M MMM 77,96 78,50 77,54 77,75 4.74M
Union Pacific UNP 117,39 118,01 116,47 117,21 2.76M
Berkshire Hathaway BRK.B 3653,00 3653,00 3622,50 3628,00 11.1K
Exchange Rates of April 20, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118,670 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,124 CAD 1 CAD = 0,890 USD
US Dollar Swiss Franc 1 USD = 1,208 CHF 1 CHF = 0,828 USD
US Dollar Chinese Yuan 1 USD = 7,718 CNY 1 CNY = 0,130 USD
Euro Japanese Yen 1 EUR = 161,250 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,679 GBP 1 GBP = 1,474 EUR
Euro Australian Dollar 1 EUR = 1,622 AUD 1 AUD = 0,617 EUR
Euro Canadian Dollar 1 EUR = 1,527 CAD 1 CAD = 0,655 EUR
Euro Swiss Franc 1 EUR = 1,642 CHF 1 CHF = 0,609 EUR
Japanese Yen Pound Sterling 1 JPY = 0,421 GBP 1 GBP = 2,378 JPY
Japanese Yen Australian Dollar 1 JPY = 1,005 AUD 1 AUD = 0,995 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,946 CAD 1 CAD = 1,057 JPY
Japanese Yen Swiss Franc 1 JPY = 1,018 CHF 1 CHF = 0,982 JPY
Pound Sterling Australian Dollar 1 GBP = 2,390 AUD 1 AUD = 0,418 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,250 CAD 1 CAD = 0,445 GBP
Pound Sterling Swiss Franc 1 GBP = 2,419 CHF 1 CHF = 0,413 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,941 CAD 1 CAD = 1,063 AUD
Australian Dollar Swiss Franc 1 AUD = 1,012 CHF 1 CHF = 0,989 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,075 CHF 1 CHF = 0,930 CAD

See what else happened on April 20, 2007