Financial news on June 21, 2007

Business and Financial news
At Wal-Mart, a Back Door Into Banking

Wal-Mart failed to get approval for a bank. But the giant discount chain is effectively building one anyway. Read more..

By MICHAEL BARBARO and ERIC DASH - The New York Times

China: Investment Fund Plans Bond Issue

The Chinese legislature plans a review next week of the Finance Ministry’s plans for a bond issue to raise money for a new state-run foreign investment fund, the government said. Read more..

By KEITH BRADSHER - The New York Times

Digital S.L.R.’s That Let You Shoot Like a Pro

The choice among new S.L.R. cameras from Canon, Nikon, Pentax, Olympus and Sony comes down to price, features and your existing lens collection. Read more..

By DAVID POGUE - The New York Times

For the Fashion-Conscious, a Laptop With Substance and Style

Sony is kicking things up a notch with its Vaio CR series of fashion-forward, customizable laptops in five colors. Read more..

By JOHN BIGGS - The New York Times

Germany: Labor Deal at Deutsche Telekom

Deutsche Telekom agreed with the Ver.di union on terms to transfer 50,000 workers to jobs that pay less, paving the way to end five weeks of strikes at the company. Read more..

By BLOOMBERG NEWS - The New York Times

How the U.S. Has Kept the Productivity Playing Field Tilted to Its Advantage

The world economy may be tough on your industry but look on the bright side: you could be French. Read more..

By AUSTAN GOOLSBEE - The New York Times

If You Like the Safari Browser for the iPhone, You’ll Love Opera Mini for Cellphones

Taking a page — albeit a tinier one — from the iPhone’s design is a new test version of the Opera Mini browser for cellphones. Read more..

By JOE HUTSKO - The New York Times

Small Companies That Try to Bring Innovative Technology to Teaching

A growing cluster of companies in the Northwest are looking to capitalize on educational needs. Read more..

By JAMES FLANIGAN - The New York Times

T.G.I. Friday’s Finds Smaller Portions Add to Customer Traffic

T.G.I. Friday’s is finding that less food translates into more customers and, perhaps, bigger profits. Read more..

By ANDREW MARTIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.98 30.30 29.91 30.22 56.6M
Intel INTC 23.87 24.38 23.79 24.29 56.1M
Pfizer PFE 25.74 25.97 25.46 25.92 52.5M
Cisco Systems CSCO 27.18 27.44 26.91 27.32 50.5M
General Electric GE 38.89 38.95 38.50 38.80 44.4M
ExxonMobil XOM 83.22 84.68 83.12 84.30 32M
Apple AAPL 121.70 124.29 120.72 123.90 31M
Oracle Corp. ORCL 19.57 19.73 19.46 19.68 28M
Home Depot HD 40.00 40.14 39.56 39.95 26.9M
JPMorgan Chase JPM 49.69 49.88 48.68 49.84 19.4M
AT&T Inc. T 39.42 39.91 39.31 39.59 19M
Comcast CMCSA 28.14 28.49 27.76 28.39 18.2M
Wal-Mart Stores WMT 48.25 48.79 48.08 48.39 16.5M
Bristol-Myers Squibb BMY 31.45 32.06 31.35 32.02 16.1M
HP Inc. HPQ 45.16 45.61 44.90 45.50 15M
Amgen AMGN 57.58 58.20 56.98 57.27 14.1M
ConocoPhillips COP 78.92 79.88 78.50 79.67 13.6M
Procter & Gamble PG 61.65 62.40 61.60 61.88 13.2M
Merck MRK 49.05 49.53 48.46 49.30 11.8M
Altria MO 68.27 68.79 68.07 68.58 11.6M
Johnson & Johnson JNJ 61.91 62.34 61.79 62.11 10.4M
Walt Disney & Co. DIS 34.13 34.36 33.88 34.19 10.3M
Chevron CVX 81.49 83.02 81.36 82.85 10.1M
Verizon Communications VZ 42.45 42.85 42.26 42.44 10M
Abbott Laboratories ABT 54.18 54.27 53.38 53.80 9.99M
Schlumberger SLB 86.17 86.17 84.39 85.76 9.6M
Wells Fargo & Co. WFC 35.68 35.78 35.33 35.63 9.49M
Coca-Cola KO 51.40 52.15 51.36 52.09 9.44M
Alphabet GOOGL 510.98 515.29 506.28 514.11 8.81M
Amazon AMZN 69.16 69.77 68.66 69.67 7.61M
UnitedHealth Group UNH 51.50 51.78 51.13 51.77 7.15M
Boeing BA 96.08 97.20 95.17 97.20 6.29M
International Business Machines IBM 105.77 107.00 105.61 106.60 5.59M
McDonald's MCD 51.32 51.37 50.64 51.07 4.97M
Pepsico PEP 65.52 66.07 65.50 65.88 4.33M
United Technologies UTX 71.69 72.29 71.43 71.95 4.03M
3M MMM 87.12 87.82 86.12 87.41 2.72M
Gilead Sciences GILD 79.11 79.73 78.78 79.35 2.61M
Union Pacific UNP 117.20 118.08 116.36 118.00 1.83M
Berkshire Hathaway BRK.B 3613.00 3620.00 3581.00 3594.00 16.8K
Exchange Rates of June 21, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 123.720 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.075 CAD 1 CAD = 0.931 USD
US Dollar Swiss Franc 1 USD = 1.241 CHF 1 CHF = 0.806 USD
US Dollar Chinese Yuan 1 USD = 7.619 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 165.640 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.672 GBP 1 GBP = 1.489 EUR
Euro Australian Dollar 1 EUR = 1.579 AUD 1 AUD = 0.633 EUR
Euro Canadian Dollar 1 EUR = 1.438 CAD 1 CAD = 0.695 EUR
Euro Swiss Franc 1 EUR = 1.662 CHF 1 CHF = 0.602 EUR
Japanese Yen Pound Sterling 1 JPY = 0.405 GBP 1 GBP = 2.467 JPY
Japanese Yen Australian Dollar 1 JPY = 0.953 AUD 1 AUD = 1.049 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.868 CAD 1 CAD = 1.152 JPY
Japanese Yen Swiss Franc 1 JPY = 1.003 CHF 1 CHF = 0.997 JPY
Pound Sterling Australian Dollar 1 GBP = 2.351 AUD 1 AUD = 0.425 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.141 CAD 1 CAD = 0.467 GBP
Pound Sterling Swiss Franc 1 GBP = 2.473 CHF 1 CHF = 0.404 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.910 CAD 1 CAD = 1.099 AUD
Australian Dollar Swiss Franc 1 AUD = 1.052 CHF 1 CHF = 0.951 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.155 CHF 1 CHF = 0.866 CAD

See what else happened on June 21, 2007