Financial news on December 20th, 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

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL22.4322.5022.0422.1078.5M
Cisco SystemsCSCO28.6028.6228.1628.2847.3M
General ElectricGE36.5136.6536.2236.5233.7M
JPMorgan ChaseJPM44.2544.5443.0543.3327.1M
AT&T Inc.T40.3740.4239.7640.2617.7M
Wells Fargo & Co.WFC30.7730.9729.9330.3717.6M
Home DepotHD26.0926.4225.9826.2716M
Wal-Mart StoresWMT48.2148.3447.3247.8514.2M
Bristol-Myers SquibbBMY28.1128.1127.6827.8911.7M
Johnson & JohnsonJNJ67.6667.6867.2367.3311M
Walt Disney & Co.DIS32.4332.5032.1432.339.59M
HP Inc.HPQ51.5951.9050.7851.169.09M
Abbott LaboratoriesABT57.4157.7557.1157.608.18M
International Business MachinesIBM108.42109.49107.61108.848.03M
Verizon CommunicationsVZ43.7943.9543.3443.827.55M
Procter & GamblePG73.3673.4973.0073.197.36M
Gilead SciencesGILD46.2046.2445.1845.926.98M
UnitedHealth GroupUNH57.6658.3257.1058.116.73M
United TechnologiesUTX76.0076.4875.5576.403.47M
Union PacificUNP125.77125.77121.90123.303.24M
Berkshire HathawayBRK.B4510.004510.004383.004441.0023.8K
Exchange Rates of December 20th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 113.120 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.001 CAD1 CAD = 0.999 USD
US DollarSwiss Franc1 USD = 1.158 CHF1 CHF = 0.864 USD
US DollarChinese Yuan1 USD = 7.369 CNY1 CNY = 0.136 USD
EuroJapanese Yen1 EUR = 162.100 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.722 GBP1 GBP = 1.385 EUR
EuroAustralian Dollar1 EUR = 1.668 AUD1 AUD = 0.600 EUR
EuroCanadian Dollar1 EUR = 1.435 CAD1 CAD = 0.697 EUR
EuroSwiss Franc1 EUR = 1.660 CHF1 CHF = 0.603 EUR
Japanese YenPound Sterling1 JPY = 0.445 GBP1 GBP = 2.246 JPY
Japanese YenAustralian Dollar1 JPY = 1.029 AUD1 AUD = 0.972 JPY
Japanese YenCanadian Dollar1 JPY = 0.885 CAD1 CAD = 1.130 JPY
Japanese YenSwiss Franc1 JPY = 1.024 CHF1 CHF = 0.977 JPY
Pound SterlingAustralian Dollar1 GBP = 2.310 AUD1 AUD = 0.433 GBP
Pound SterlingCanadian Dollar1 GBP = 1.986 CAD1 CAD = 0.503 GBP
Pound SterlingSwiss Franc1 GBP = 2.297 CHF1 CHF = 0.435 GBP
Australian DollarCanadian Dollar1 AUD = 0.859 CAD1 CAD = 1.164 AUD
Australian DollarSwiss Franc1 AUD = 0.994 CHF1 CHF = 1.006 AUD
Canadian DollarSwiss Franc1 CAD = 1.156 CHF1 CHF = 0.865 CAD

See what else happened on December 20th, 2007