Financial news on September 20th, 2007

Business and Financial news
And the Winning Flavor Is...

Häagen-Dazs and Gourmet magazine are sponsoring a multimedia contest to find an exotic flavor to sell under the Häagen-Dazs brand name. Read more..

By STUART ELLIOTT - The New York Times

Bank of England Comes to Aid of Money Markets

In a policy reversal, the Bank of England on Wednesday offered to inject cash into British money markets. Read more..

By JULIA WERDIGIER - The New York Times

Beware the Tapeless Camcorder

Tapeless camcorders have arrived, but be aware of price, capacity and picture quality. Read more..

By DAVID POGUE - The New York Times

Children’s Cellphone, Once Oh So Simple, Is Growing Up

Firefly Mobile’s $125 flyPhone has a completely black face that lights up in different ways depending on what the child is doing. Read more..

By JOHN BIGGS - The New York Times

Deutsche Telekom to Offer iPhone in Germany

Apple introduced its second European sales partner in two days, revealing plans to sell the iPhone in Germany through T-Mobile, the wireless subsidiary of Deutsche Telekom. Read more..

By KEVIN J. O'BRIEN - The New York Times

Dubai Buys Large Stake in Nasdaq

Under the deal, Borse Dubai becomes the first government-controlled stock exchange of the Middle East to hold a significant stake in an American rival. Read more..


Fed Chief Calls for New Mortgage Rules

Ben S. Bernanke’s call for consideration of stricter regulation of mortgage lending practices signals a shift from regulatory policy over the past several years. Read more..

By EDMUND L. ANDREWS - The New York Times

House Approves Plan to Aid Insurers

The legislation, opposed by the White House, would significantly expand the federal program that assists the insurance industry in the event of a major terrorist attack. Read more..

By STEPHEN LABATON - The New York Times

Solve a Mining Puzzle and Win $10 Million

Barrick Gold is offering a $10 million prize to anyone who can increase the amount of silver it recovers from a mine in Argentina. Read more..

By IAN AUSTEN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL20.8221.3120.6321.0456.5M
Cisco SystemsCSCO31.9532.3931.9132.2133.4M
General ElectricGE41.5041.5041.0541.2432.5M
AT&T Inc.T41.7142.4341.7042.0328.9M
Home DepotHD36.0436.1835.1735.3221M
JPMorgan ChaseJPM47.6247.7546.7346.9619.6M
Wells Fargo & Co.WFC37.1137.4236.2536.5517.7M
Wal-Mart StoresWMT44.6844.8343.9644.3216.8M
Abbott LaboratoriesABT53.7854.4353.6153.6912.4M
Johnson & JohnsonJNJ64.5065.0064.1864.7912.1M
HP Inc.HPQ49.5550.3049.5550.1011.4M
Bristol-Myers SquibbBMY28.9829.0328.4128.5410.7M
Verizon CommunicationsVZ43.6344.0043.5843.8010.6M
Walt Disney & Co.DIS34.6734.7533.8034.0410.2M
Procter & GamblePG68.4969.3268.4568.989.05M
Gilead SciencesGILD38.6139.8438.4739.467.62M
International Business MachinesIBM116.27117.65116.20116.865.81M
UnitedHealth GroupUNH49.8050.0149.5549.815.39M
United TechnologiesUTX78.5179.0478.2578.733.81M
Union PacificUNP114.55114.72111.64112.062.36M
Berkshire HathawayBRK.B3910.003954.003909.003915.0015.8K
Exchange Rates of September 20th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.610 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.001 CAD1 CAD = 0.999 USD
US DollarSwiss Franc1 USD = 1.172 CHF1 CHF = 0.853 USD
US DollarChinese Yuan1 USD = 7.514 CNY1 CNY = 0.133 USD
EuroJapanese Yen1 EUR = 161.220 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.700 GBP1 GBP = 1.429 EUR
EuroAustralian Dollar1 EUR = 1.630 AUD1 AUD = 0.614 EUR
EuroCanadian Dollar1 EUR = 1.408 CAD1 CAD = 0.710 EUR
EuroSwiss Franc1 EUR = 1.649 CHF1 CHF = 0.607 EUR
Japanese YenPound Sterling1 JPY = 0.434 GBP1 GBP = 2.305 JPY
Japanese YenAustralian Dollar1 JPY = 1.010 AUD1 AUD = 0.990 JPY
Japanese YenCanadian Dollar1 JPY = 0.873 CAD1 CAD = 1.145 JPY
Japanese YenSwiss Franc1 JPY = 1.022 CHF1 CHF = 0.978 JPY
Pound SterlingAustralian Dollar1 GBP = 2.329 AUD1 AUD = 0.429 GBP
Pound SterlingCanadian Dollar1 GBP = 2.012 CAD1 CAD = 0.497 GBP
Pound SterlingSwiss Franc1 GBP = 2.355 CHF1 CHF = 0.425 GBP
Australian DollarCanadian Dollar1 AUD = 0.864 CAD1 CAD = 1.158 AUD
Australian DollarSwiss Franc1 AUD = 1.011 CHF1 CHF = 0.989 AUD
Canadian DollarSwiss Franc1 CAD = 1.170 CHF1 CHF = 0.855 CAD

See what else happened on September 20th, 2007