Financial news on December 20, 2007

Business and Financial news
A Bigger Screen for the Gamer With High-Definition Needs

The Sharp Aquos LC-32GP3U has three HDMI ports, two component inputs and other inputs for connecting devices like video game consoles and PCs. Read more..

By JOHN BIGGS - The New York Times

After Chief Holds a Chat, Sallie Mae Stock Plunges

A conference call on Wednesday by Albert L. Lord, the chief executive of Sallie Mae, baffled investors and sent Sallie Mae stock into a tailspin. Read more..

By MICHAEL J. de la MERCED - The New York Times

Bear Stearns Loss Presages More Turmoil

Bear Stearns reported its first quarterly loss ever, stung by the mortgage crisis that has swept markets across the globe. Read more..

By MICHAEL J. de la MERCED - The New York Times

Campbell Soup Sells Godiva

The Campbell Soup Company agreed on Thursday to sell its Godiva Chocolatier unit to Yildiz Holding of Turkey for $850 million. Read more..

By ANDREW ROSS SORKIN - The New York Times

Fighting It Out on the Battlefield and on the Court

In the real-time strategy game Universe at War: Earth Assault, aliens are once again marveling at the scrappy humans’ ability to survive. Read more..

By CHARLES HEROLD - The New York Times

G.M. Selling a Truck Business to Navistar

Analysts have estimated the medium-duty truck unit, which includes the GMC TopKick and Chevrolet Kodiak, to be worth about $500 million. Read more..

By NICK BUNKLEY - The New York Times

Hedge Funds Propose CSX Directors, Starting Proxy Battle

An activist hedge fund that has feuded with the railroad operator CSX over its strategy proposed a slate of five alternate directors on Wednesday, beginning a proxy fight. Read more..

By MICHAEL J. de la MERCED - The New York Times

Nanotechnology Companies Planning to Sell Shares

Nurtured by billions of dollars in government grants and venture investments, nanotechnology companies are getting ready to go public. Read more..

By JAMES FLANIGAN - The New York Times

Tip of the Week: Weather Alerts

The Weather Channel offers free updates by e-mail or text message to your mobile phone. Read more..

By J. D. BIERSDORFER - The New York Times

Tribune Chief to Step Down as Newspaper Chain Goes Private

Dennis J. FitzSimons’ decision comes on the eve of an $8.2 billion privatization deal and clears the way for real estate billionaire Samuel Zell to assume control. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Oracle Corp. ORCL 22.43 22.50 22.04 22.10 78.5M
Microsoft MSFT 35.29 35.79 35.08 35.52 59.3M
Cisco Systems CSCO 28.60 28.62 28.16 28.28 47.3M
Intel INTC 26.53 26.53 26.01 26.41 40.1M
General Electric GE 36.51 36.65 36.22 36.52 33.7M
Pfizer PFE 23.11 23.30 23.05 23.22 33.1M
Apple AAPL 185.43 187.83 183.33 187.21 27.6M
JPMorgan Chase JPM 44.25 44.54 43.05 43.33 27.1M
Comcast CMCSA 18.05 18.14 17.94 18.12 21.7M
AT&T Inc. T 40.37 40.42 39.76 40.26 17.7M
Wells Fargo & Co. WFC 30.77 30.97 29.93 30.37 17.6M
Home Depot HD 26.09 26.42 25.98 26.27 16M
ExxonMobil XOM 91.62 92.22 90.93 92.13 15.1M
Wal-Mart Stores WMT 48.21 48.34 47.32 47.85 14.2M
ConocoPhillips COP 84.48 85.30 83.85 85.23 12.4M
Amgen AMGN 47.27 47.73 47.03 47.56 12.3M
Merck MRK 59.70 59.96 58.32 58.54 11.7M
Bristol-Myers Squibb BMY 28.11 28.11 27.68 27.89 11.7M
Johnson & Johnson JNJ 67.66 67.68 67.23 67.33 11M
Altria MO 77.14 77.62 76.79 77.62 10.9M
Walt Disney & Co. DIS 32.43 32.50 32.14 32.33 9.59M
HP Inc. HPQ 51.59 51.90 50.78 51.16 9.09M
Alphabet GOOGL 685.83 691.00 680.61 689.69 8.84M
Abbott Laboratories ABT 57.41 57.75 57.11 57.60 8.18M
International Business Machines IBM 108.42 109.49 107.61 108.84 8.03M
Schlumberger SLB 91.84 92.42 89.91 90.78 7.83M
Verizon Communications VZ 43.79 43.95 43.34 43.82 7.55M
Coca-Cola KO 62.83 62.96 61.90 62.28 7.53M
Procter & Gamble PG 73.36 73.49 73.00 73.19 7.36M
Gilead Sciences GILD 46.20 46.24 45.18 45.92 6.98M
UnitedHealth Group UNH 57.66 58.32 57.10 58.11 6.73M
McDonald's MCD 59.16 59.16 58.23 58.79 6.54M
Chevron CVX 91.33 92.52 90.90 92.05 6.19M
Amazon AMZN 90.14 90.75 89.09 90.58 5.88M
Pepsico PEP 77.12 77.22 76.11 76.49 4.37M
United Technologies UTX 76.00 76.48 75.55 76.40 3.47M
3M MMM 85.04 85.32 83.85 84.49 3.4M
Boeing BA 87.08 87.41 86.48 87.19 3.33M
Union Pacific UNP 125.77 125.77 121.90 123.30 3.24M
Berkshire Hathaway BRK.B 4510.00 4510.00 4383.00 4441.00 23.8K
Exchange Rates of December 20, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 113.120 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.001 CAD 1 CAD = 0.999 USD
US Dollar Swiss Franc 1 USD = 1.158 CHF 1 CHF = 0.864 USD
US Dollar Chinese Yuan 1 USD = 7.369 CNY 1 CNY = 0.136 USD
Euro Japanese Yen 1 EUR = 162.100 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.722 GBP 1 GBP = 1.385 EUR
Euro Australian Dollar 1 EUR = 1.668 AUD 1 AUD = 0.600 EUR
Euro Canadian Dollar 1 EUR = 1.435 CAD 1 CAD = 0.697 EUR
Euro Swiss Franc 1 EUR = 1.660 CHF 1 CHF = 0.603 EUR
Japanese Yen Pound Sterling 1 JPY = 0.445 GBP 1 GBP = 2.246 JPY
Japanese Yen Australian Dollar 1 JPY = 1.029 AUD 1 AUD = 0.972 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.885 CAD 1 CAD = 1.130 JPY
Japanese Yen Swiss Franc 1 JPY = 1.024 CHF 1 CHF = 0.977 JPY
Pound Sterling Australian Dollar 1 GBP = 2.310 AUD 1 AUD = 0.433 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.986 CAD 1 CAD = 0.503 GBP
Pound Sterling Swiss Franc 1 GBP = 2.297 CHF 1 CHF = 0.435 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.859 CAD 1 CAD = 1.164 AUD
Australian Dollar Swiss Franc 1 AUD = 0.994 CHF 1 CHF = 1.006 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.156 CHF 1 CHF = 0.865 CAD

See what else happened on December 20, 2007