Financial news on August 21, 2007
Business and Financial news
Amid the ever-tightening market for corporate debt, investors are already betting that some of the biggest deals may collapse, or at least be renegotiated. Read more..
The Chinese government announced today that it would allow mainland Chinese citizens to invest in the Hong Kong stock market. Read more..
Delta Air Lines today named Richard H. Anderson, the former head of Northwest Airlines, as its new chief executive, passing over two Delta executives once considered the top candidates. Read more..
Hitting golf balls into the ocean may be prohibited. But computerized simulators have cemented a lasting partnership between cruising and golf. Read more..
In a sign that investors are fleeing investments that carry even the slightest hint of risk, the price of short-term government debt soared Monday. Read more..
FIRST COMMERCIAL A380 FLIGHT Singapore Airlines will begin auctioning seats on eBay next Monday for the first commercial flight of the A380 superjumbo jet, scheduled for Oct. 25 from Singapore to Sydney. Proceeds will go to charity. Singapore will... Read more..
Abandoning its effort to buy the London exchange would allow Nasdaq to focus on its bid for the Swedish exchange operator OMX, where it faces a challenge from Borse Dubai. Read more..
No one who has sued Merck over heart attacks or strokes suffered after taking Vioxx has received payments. Read more..
This is going to have to be really quick today. If you are stuck in an elevator today with some techie, you can probably fake it with this: Is Microsoft’s Vista having problems gaining acceptance? The booming sales of PCs this year says it is certainly not dissuading anyone from buying, but a few prominent […] Read more..
Vogue hopes a new broadband channel, which aims to serve as both an entertainment destination and a shopping Web site, will help it sell advertising. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 23.91 | 24.05 | 23.71 | 23.89 | 58.1M |
| Microsoft | MSFT | 28.10 | 28.32 | 27.87 | 28.07 | 50.8M |
| Apple | AAPL | 122.21 | 128.96 | 121.00 | 127.57 | 46.5M |
| Cisco Systems | CSCO | 29.75 | 30.30 | 29.69 | 30.10 | 39.9M |
| Pfizer | PFE | 24.14 | 24.50 | 24.02 | 24.24 | 37.6M |
| General Electric | GE | 38.03 | 38.77 | 37.98 | 38.35 | 35.2M |
| Wells Fargo & Co. | WFC | 36.93 | 37.77 | 36.66 | 37.37 | 27.2M |
| ExxonMobil | XOM | 84.50 | 84.67 | 82.51 | 83.15 | 24M |
| Oracle Corp. | ORCL | 18.96 | 19.34 | 18.96 | 19.27 | 23.8M |
| Comcast | CMCSA | 24.37 | 24.98 | 24.35 | 24.52 | 23.7M |
| JPMorgan Chase | JPM | 46.12 | 47.08 | 45.75 | 46.20 | 23.6M |
| Wal-Mart Stores | WMT | 43.58 | 43.75 | 43.19 | 43.70 | 19.6M |
| Home Depot | HD | 33.80 | 34.66 | 33.60 | 34.30 | 18.8M |
| AT&T Inc. | T | 38.35 | 39.30 | 38.17 | 38.75 | 18.4M |
| ConocoPhillips | COP | 79.05 | 79.68 | 77.79 | 78.24 | 15.3M |
| HP Inc. | HPQ | 46.61 | 46.85 | 45.83 | 46.01 | 15.1M |
| Verizon Communications | VZ | 40.91 | 41.91 | 40.90 | 41.71 | 14M |
| Altria | MO | 66.63 | 67.82 | 66.61 | 67.22 | 13.5M |
| Johnson & Johnson | JNJ | 61.57 | 61.91 | 61.50 | 61.67 | 12.5M |
| Chevron | CVX | 84.14 | 85.25 | 83.57 | 84.30 | 11.3M |
| Walt Disney & Co. | DIS | 32.71 | 33.45 | 32.64 | 33.29 | 9.96M |
| Procter & Gamble | PG | 64.65 | 64.98 | 64.21 | 64.46 | 9.75M |
| Bristol-Myers Squibb | BMY | 28.18 | 28.63 | 27.87 | 28.14 | 8.56M |
| International Business Machines | IBM | 108.90 | 110.11 | 108.08 | 109.04 | 8.46M |
| Amazon | AMZN | 74.21 | 77.83 | 74.09 | 77.49 | 8.43M |
| Coca-Cola | KO | 54.40 | 54.85 | 53.98 | 54.03 | 8.39M |
| Merck | MRK | 50.02 | 50.52 | 48.74 | 49.77 | 8.32M |
| Amgen | AMGN | 49.25 | 49.98 | 49.09 | 49.24 | 8.2M |
| Abbott Laboratories | ABT | 51.90 | 52.67 | 51.64 | 52.36 | 7.82M |
| Alphabet | GOOGL | 498.94 | 508.16 | 497.77 | 506.61 | 7.21M |
| Schlumberger | SLB | 89.30 | 90.99 | 88.77 | 89.25 | 6.61M |
| UnitedHealth Group | UNH | 49.55 | 49.92 | 49.27 | 49.56 | 5.81M |
| McDonald's | MCD | 48.52 | 48.84 | 48.06 | 48.47 | 5.58M |
| United Technologies | UTX | 74.59 | 74.70 | 72.58 | 72.94 | 5.52M |
| Pepsico | PEP | 68.31 | 68.82 | 68.10 | 68.45 | 4.85M |
| Gilead Sciences | GILD | 37.58 | 38.01 | 37.40 | 37.73 | 3.33M |
| Boeing | BA | 96.83 | 97.24 | 96.07 | 96.95 | 3.25M |
| 3M | MMM | 88.10 | 88.74 | 87.65 | 88.46 | 3.08M |
| Union Pacific | UNP | 112.00 | 112.22 | 109.34 | 109.62 | 2.1M |
| Berkshire Hathaway | BRK.B | 3989.00 | 3999.00 | 3937.00 | 3982.50 | 22.1K |
Exchange Rates of August 21, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 114.420 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.062 CAD | 1 CAD = 0.942 USD |
| US Dollar | Swiss Franc | 1 USD = 1.206 CHF | 1 CHF = 0.829 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.590 CNY | 1 CNY = 0.132 USD |
| Euro | Japanese Yen | 1 EUR = 154.080 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.679 GBP | 1 GBP = 1.472 EUR |
| Euro | Australian Dollar | 1 EUR = 1.679 AUD | 1 AUD = 0.596 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.430 CAD | 1 CAD = 0.699 EUR |
| Euro | Swiss Franc | 1 EUR = 1.624 CHF | 1 CHF = 0.616 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.441 GBP | 1 GBP = 2.269 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.089 AUD | 1 AUD = 0.918 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.928 CAD | 1 CAD = 1.078 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.054 CHF | 1 CHF = 0.949 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.472 AUD | 1 AUD = 0.405 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.105 CAD | 1 CAD = 0.475 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.390 CHF | 1 CHF = 0.418 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.851 CAD | 1 CAD = 1.175 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.967 CHF | 1 CHF = 1.035 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.135 CHF | 1 CHF = 0.881 CAD |
See what else happened on August 21, 2007