Financial news on November 20, 2007
Business and Financial news
Scientists are working feverishly to develop new technologies to test cosmetics before a European Union ban on animal testing begins in March 2009. Read more..
The vote enables the guild to call a strike at any time, although a walkout is not imminent. A strike could affect CBS television and radio newscasts, both nationally and in four local markets. Read more..
Policy makers expect the economy to keep expanding over the next year, but they have lowered their forecasts. Read more..
Turmoil in housing continued to reverberate today, with the homebuilder D.R. Horton also reporting a loss. Read more..
Carl C. Icahn holds 13.2 million shares of Blockbuster Class A shares, according to a filing yesterday with the Securities and Exchange Commission. Read more..
An analyst’s downgrading of Citigroup to “sell” hit a raw nerve among investors and sent the Dow tumbling more than 218 points. Read more..
Hotels and airports are gradually catching on to the fact that mobile workers need more help getting their jobs done on the road. Read more..
In recent years, Holiday Inn, now owned by InterContinental Hotels Group of London, has recovered from its decline and is expanding aggressively. Read more..
Apple won dismissal of a lawsuit claiming that company directors and managers, including the chief executive, Steven P. Jobs, lied to shareholders about the backdating of option awards. Read more..
The company’s stock dropped the most since March 2003 after the announcement, which came two weeks after the company said its exposure to U.S. subprime mortgage woes would be limited. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 34.23 | 34.97 | 34.10 | 34.58 | 100M |
Intel | INTC | 25.35 | 25.75 | 24.91 | 25.52 | 74.7M |
Cisco Systems | CSCO | 29.44 | 29.84 | 28.49 | 29.04 | 63.3M |
Pfizer | PFE | 22.85 | 22.85 | 22.42 | 22.72 | 56M |
Apple | AAPL | 165.67 | 171.79 | 163.53 | 168.85 | 55.1M |
General Electric | GE | 38.15 | 38.61 | 37.50 | 38.04 | 43.3M |
Wells Fargo & Co. | WFC | 30.27 | 30.98 | 29.70 | 30.42 | 39M |
Oracle Corp. | ORCL | 20.44 | 20.94 | 20.23 | 20.69 | 34.6M |
JPMorgan Chase | JPM | 41.37 | 42.35 | 40.28 | 41.63 | 33.3M |
HP Inc. | HPQ | 50.58 | 50.69 | 48.62 | 49.56 | 32.5M |
AT&T Inc. | T | 38.24 | 38.41 | 37.69 | 38.03 | 32.1M |
ExxonMobil | XOM | 84.98 | 88.72 | 84.97 | 87.82 | 31.8M |
Home Depot | HD | 28.19 | 28.75 | 27.95 | 28.50 | 26.6M |
Comcast | CMCSA | 19.51 | 19.68 | 18.99 | 19.37 | 25.6M |
Wal-Mart Stores | WMT | 45.45 | 46.21 | 44.70 | 45.50 | 25.6M |
ConocoPhillips | COP | 77.54 | 79.87 | 77.54 | 79.29 | 20.2M |
Alphabet | GOOGL | 636.48 | 659.10 | 632.87 | 648.54 | 19.7M |
Bristol-Myers Squibb | BMY | 28.13 | 28.48 | 27.89 | 28.11 | 16.5M |
Johnson & Johnson | JNJ | 67.83 | 67.95 | 67.20 | 67.64 | 15.5M |
Verizon Communications | VZ | 43.03 | 43.73 | 42.71 | 43.16 | 14.8M |
Merck | MRK | 58.23 | 58.40 | 57.34 | 57.92 | 14.3M |
Abbott Laboratories | ABT | 55.02 | 55.80 | 54.80 | 55.58 | 13.7M |
Procter & Gamble | PG | 73.08 | 73.85 | 72.46 | 73.21 | 12.8M |
Amazon | AMZN | 79.86 | 82.00 | 78.31 | 80.39 | 11.6M |
Chevron | CVX | 85.05 | 88.61 | 85.05 | 87.90 | 10.9M |
Coca-Cola | KO | 62.52 | 63.10 | 62.10 | 62.79 | 10.8M |
Altria | MO | 74.11 | 74.40 | 73.31 | 73.81 | 10.5M |
Walt Disney & Co. | DIS | 31.47 | 31.89 | 31.02 | 31.55 | 9.43M |
McDonald's | MCD | 58.60 | 58.81 | 57.90 | 58.48 | 9.41M |
Schlumberger | SLB | 91.77 | 94.18 | 91.31 | 93.26 | 9.09M |
Amgen | AMGN | 54.59 | 55.40 | 53.27 | 54.13 | 9.06M |
Boeing | BA | 88.31 | 88.95 | 86.92 | 87.86 | 8.74M |
UnitedHealth Group | UNH | 53.47 | 54.45 | 53.35 | 54.07 | 8.67M |
International Business Machines | IBM | 102.59 | 104.97 | 101.38 | 103.42 | 8.39M |
Pepsico | PEP | 75.35 | 75.58 | 73.97 | 74.84 | 8.16M |
Gilead Sciences | GILD | 43.61 | 44.28 | 42.82 | 43.75 | 7.77M |
United Technologies | UTX | 73.80 | 75.00 | 73.56 | 74.32 | 5.33M |
3M | MMM | 81.99 | 82.68 | 81.02 | 82.11 | 4.43M |
Union Pacific | UNP | 125.15 | 127.85 | 124.49 | 126.45 | 2.35M |
Berkshire Hathaway | BRK.B | 4563.00 | 4584.00 | 4544.00 | 4551.50 | 25.4K |
Exchange Rates of November 20, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 109.980 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 0.979 CAD | 1 CAD = 1.021 USD |
US Dollar | Swiss Franc | 1 USD = 1.106 CHF | 1 CHF = 0.904 USD |
US Dollar | Chinese Yuan | 1 USD = 7.424 CNY | 1 CNY = 0.135 USD |
Euro | Japanese Yen | 1 EUR = 163.200 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.718 GBP | 1 GBP = 1.393 EUR |
Euro | Australian Dollar | 1 EUR = 1.661 AUD | 1 AUD = 0.602 EUR |
Euro | Canadian Dollar | 1 EUR = 1.453 CAD | 1 CAD = 0.688 EUR |
Euro | Swiss Franc | 1 EUR = 1.641 CHF | 1 CHF = 0.609 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.440 GBP | 1 GBP = 2.275 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.017 AUD | 1 AUD = 0.983 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.890 CAD | 1 CAD = 1.124 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.005 CHF | 1 CHF = 0.995 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.315 AUD | 1 AUD = 0.432 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.024 CAD | 1 CAD = 0.494 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.285 CHF | 1 CHF = 0.438 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.874 CAD | 1 CAD = 1.145 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.987 CHF | 1 CHF = 1.013 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.129 CHF | 1 CHF = 0.886 CAD |
See what else happened on November 20, 2007