Financial news on April 20th, 2007
Business and Financial news
Creativity as the pathway to consumer persuasion — and profitability was a major theme at a recent advertising conference. Read more..
The re-emergence of proxy fights is a reason that mergers-and-acquisitions lawyers are redefining the hedge fund practice. Read more..
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..
The industry continues to face tough times as advertisers shift their focus away from print to the Internet. Read more..
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..
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 20th, 2007
| Currencies | Exchange 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 20th, 2007