Financial news on February 20, 2007

Business and Financial news
Airlines Sharpen Sites for Web-Savvy Traveler

With the growth of small-business and independent employee travel, booking sites are scrambling to serve this market. Read more..

By JOE SHARKEY - The New York Times

A Round Trip on a Conveyor Belt in China

Saving a knife collection and surviving a behind-the-scenes tour of a Chinese airport. Read more..

By RON ROBINS, as told to Christopher Elliott - The New York Times

Bank of America Tagline Has Run Its Course

Bank of America is backing away from “Higher Standards” — at least in its new national advertising campaign. Read more..

By ERIC DASH - The New York Times

Guilt-Free Pollution. Or Is It?

Pop stars, chief executives and politicians vaunt how they offset carbon emissions by planting trees or investing in renewable energy projects. Read more..

By JAMES KANTER - The New York Times

Italy Won’t Block Spanish Bid for a Stake in Telecom Italia

Italy’s infrastructure minister indicated Monday that he would not block Spanish acquisition of a large stake in Telecom Italia. Read more..

By ERIC SYLVERS - The New York Times

Memo Pad

ONLINE MARKET HEATS UP The big three third-party online travel-booking sites, Expedia, Orbitz and Travelocity, dropped slightly over all in customer-satisfaction ratings last year. The reason is that individual airline and hotel online sites, and ... Read more..

By JOE SHARKEY - The New York Times

Merger Would End Satellite Radio’s Rivalry

The planned $13 billion merger of the nation’s two satellite radio services, Sirius and XM, is sure to raise antitrust issues. Read more..

By RICHARD SIKLOS and ANDREW ROSS SORKIN - The New York Times

Not Lost in Translation

Developing some fluency in foreign languages is getting to be as important as taking along a laptop on an overseas trip. Read more..

By PAUL BURNHAM FINNEY - The New York Times

Prospect of Mergers Lifts Foreign Markets

World stock markets ended higher Monday, as merger and acquisition talk bolstered shares in Europe and Japan. Read more..

By BLOOMBERG NEWS - The New York Times

Robert Adler, Zenith Physicist, Dies at 93

Robert Adler was a physicist and prolific inventor best known as the co-inventor of the television remote control device. Read more..

By KATIE HAFNER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT28.6328.8628.4728.8354M
IntelINTC21.0621.3220.9021.1847.9M
Cisco SystemsCSCO27.5628.0027.2827.6640.8M
Wal-Mart StoresWMT49.8650.2949.4150.2636.5M
Oracle Corp.ORCL16.6916.9816.5716.9831.9M
PfizerPFE26.1926.3626.1126.3026.2M
General ElectricGE35.7836.1335.7536.1123.5M
AppleAAPL84.6586.1684.1685.9022.1M
Home DepotHD40.7541.8040.7041.3417.9M
AmgenAMGN66.6567.1866.2566.3517.5M
HP Inc.HPQ42.6743.2442.5043.1317.2M
AT&T Inc.T37.6037.7537.3537.3617M
ExxonMobilXOM75.0575.0574.2974.8715.8M
ComcastCMCSA41.3941.5641.0641.4510.7M
ConocoPhillipsCOP65.5365.6565.0265.589.52M
Abbott LaboratoriesABT52.4952.6752.2852.589.51M
Johnson & JohnsonJNJ65.2665.8365.2665.469.38M
ChevronCVX70.6570.6570.0270.129.35M
Procter & GamblePG64.7565.0764.3664.889.2M
SchlumbergerSLB61.8162.6661.8062.349.2M
JPMorgan ChaseJPM51.1551.7551.1251.639.17M
Coca-ColaKO47.5247.8847.5047.788.91M
AmazonAMZN40.1341.7440.0041.518.9M
Walt Disney & Co.DIS34.8235.1334.6735.058.82M
MerckMRK44.3944.7044.2144.508.4M
AlphabetGOOGL468.47472.75464.71472.108.13M
Wells Fargo & Co.WFC35.8435.9735.6035.947.99M
Verizon CommunicationsVZ38.5538.6038.0538.267.88M
AltriaMO86.5086.7585.5085.957.84M
McDonald'sMCD45.7045.9045.0545.807.02M
Bristol-Myers SquibbBMY27.5827.7627.3527.426.68M
UnitedHealth GroupUNH54.5554.9553.6153.826.24M
United TechnologiesUTX68.8469.0067.9868.136.11M
International Business MachinesIBM98.6699.4698.5599.354.12M
PepsicoPEP64.4264.7664.2364.613.99M
3MMMM76.5076.7575.9476.103.96M
BoeingBA91.5091.6989.8491.033.94M
Gilead SciencesGILD72.7372.9671.5872.693.57M
Union PacificUNP101.50102.95101.10102.701.7M
Berkshire HathawayBRK.B3620.003647.503610.003633.009.5K
Exchange Rates of February 20, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 120.010 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.170 CAD1 CAD = 0.855 USD
US DollarSwiss Franc1 USD = 1.237 CHF1 CHF = 0.809 USD
US DollarChinese Yuan1 USD = 7.750 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 157.660 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.672 GBP1 GBP = 1.489 EUR
EuroAustralian Dollar1 EUR = 1.670 AUD1 AUD = 0.599 EUR
EuroCanadian Dollar1 EUR = 1.537 CAD1 CAD = 0.651 EUR
EuroSwiss Franc1 EUR = 1.624 CHF1 CHF = 0.616 EUR
Japanese YenPound Sterling1 JPY = 0.426 GBP1 GBP = 2.348 JPY
Japanese YenAustralian Dollar1 JPY = 1.059 AUD1 AUD = 0.944 JPY
Japanese YenCanadian Dollar1 JPY = 0.975 CAD1 CAD = 1.026 JPY
Japanese YenSwiss Franc1 JPY = 1.030 CHF1 CHF = 0.971 JPY
Pound SterlingAustralian Dollar1 GBP = 2.486 AUD1 AUD = 0.402 GBP
Pound SterlingCanadian Dollar1 GBP = 2.288 CAD1 CAD = 0.437 GBP
Pound SterlingSwiss Franc1 GBP = 2.417 CHF1 CHF = 0.414 GBP
Australian DollarCanadian Dollar1 AUD = 0.920 CAD1 CAD = 1.087 AUD
Australian DollarSwiss Franc1 AUD = 0.972 CHF1 CHF = 1.029 AUD
Canadian DollarSwiss Franc1 CAD = 1.057 CHF1 CHF = 0.946 CAD

See what else happened on February 20, 2007