Financial news on January 22, 2007

Business and Financial news
An Insurance Policy for Low Airfares

Farecast, which predicts airline ticket prices, will now guarantee its forecasts for a fee. Read more..

By BOB TEDESCHI - The New York Times

An Internet Video Partnership From 2 Lions of Old Media (Eisner and Jann Wenner)

A partnership between Usmagazine.com and Veoh.com will create a celebrity entertainment channel on Veoh. Read more..

By MARIA ASPAN - The New York Times

Industrial Bank of China Plans Sizable Share Sale in Shanghai

The sale would be the second-largest domestic initial public offering by a mainland Chinese bank. Read more..

By BLOOMBERG NEWS - The New York Times

In Raw World of Sex Movies, High Definition Could Be a View Too Real

Pornographic movie studios have found that the high-definition format is accentuating physical imperfections in actors. Read more..

By MATT RICHTEL - The New York Times

Looking Ahead

DAVOS, ANYONE? The annual World Economic Forum will take place Wednesday through Sunday in Davos, Switzerland, drawing political and business leaders — plus a celebrity or two — to brainstorm solutions to world problems. Among the top issues on th... Read more..

By THE NEW YORK TIMES - The New York Times

U.S. Financial Sector Is Losing Its Edge, Report Says

A report warns that the U.S. could lose 4 to 7 percent of the global financial services market over the next five years. Read more..

By JENNY ANDERSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.92 21.02 20.65 20.79 77.1M
Cisco Systems CSCO 26.75 26.80 26.15 26.53 69.4M
Microsoft MSFT 31.06 31.12 30.51 30.72 56.1M
Oracle Corp. ORCL 17.25 17.81 16.77 17.00 52.8M
Apple AAPL 89.14 89.16 85.65 86.79 51.9M
Pfizer PFE 27.24 27.30 26.66 26.95 48M
General Electric GE 37.13 37.33 36.59 36.75 41.4M
ExxonMobil XOM 73.65 73.75 72.50 72.90 21.9M
AT&T Inc. T 35.24 35.53 35.00 35.27 21.4M
JPMorgan Chase JPM 48.87 49.86 48.70 49.66 18.3M
ConocoPhillips COP 64.40 64.57 63.13 63.38 17.6M
Amgen AMGN 75.75 76.95 75.51 75.85 16.8M
Schlumberger SLB 61.60 62.89 60.69 61.00 15.8M
Abbott Laboratories ABT 53.20 53.46 52.98 53.32 14.9M
Home Depot HD 40.41 40.66 39.98 40.05 14.2M
Wells Fargo & Co. WFC 35.96 36.06 35.58 35.75 13.7M
International Business Machines IBM 96.42 97.23 96.12 97.11 13.5M
Wal-Mart Stores WMT 48.16 48.27 47.60 47.96 12.7M
Chevron CVX 72.51 72.60 70.95 71.22 12M
HP Inc. HPQ 42.05 42.18 41.42 42.02 11.4M
Alphabet GOOGL 492.50 492.65 478.50 480.84 10.8M
Johnson & Johnson JNJ 68.01 68.11 67.17 67.18 10.2M
Verizon Communications VZ 37.11 37.40 37.00 37.25 9.99M
Comcast CMCSA 44.56 45.13 44.46 44.79 9.35M
Procter & Gamble PG 66.00 66.03 65.16 65.72 9.32M
Walt Disney & Co. DIS 35.45 35.48 35.05 35.15 8.84M
UnitedHealth Group UNH 53.20 53.25 52.05 52.19 8.8M
Altria MO 87.01 87.50 86.62 87.07 8.51M
Boeing BA 87.64 87.86 84.82 85.60 8.43M
Amazon AMZN 37.65 37.90 36.80 36.95 8.32M
Merck MRK 45.43 45.91 45.03 45.30 8.1M
Bristol-Myers Squibb BMY 26.78 26.82 26.30 26.48 6.43M
Coca-Cola KO 48.11 48.35 47.99 48.03 6.1M
Pepsico PEP 64.63 65.13 64.54 64.81 5.55M
McDonald's MCD 44.80 44.80 44.20 44.35 4.92M
United Technologies UTX 64.95 64.95 63.69 64.09 4.92M
Gilead Sciences GILD 65.50 65.68 64.12 64.25 3.8M
3M MMM 79.25 79.29 78.13 78.49 2.14M
Union Pacific UNP 96.57 96.63 94.78 95.31 1.63M
Berkshire Hathaway BRK.B 3665.00 3667.00 3620.00 3640.00 13.5K
Exchange Rates of January 22, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121.670 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.182 CAD 1 CAD = 0.846 USD
US Dollar Swiss Franc 1 USD = 1.249 CHF 1 CHF = 0.801 USD
US Dollar Chinese Yuan 1 USD = 7.774 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 157.550 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.655 GBP 1 GBP = 1.526 EUR
Euro Australian Dollar 1 EUR = 1.643 AUD 1 AUD = 0.609 EUR
Euro Canadian Dollar 1 EUR = 1.531 CAD 1 CAD = 0.653 EUR
Euro Swiss Franc 1 EUR = 1.617 CHF 1 CHF = 0.618 EUR
Japanese Yen Pound Sterling 1 JPY = 0.416 GBP 1 GBP = 2.406 JPY
Japanese Yen Australian Dollar 1 JPY = 1.043 AUD 1 AUD = 0.959 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.971 CAD 1 CAD = 1.030 JPY
Japanese Yen Swiss Franc 1 JPY = 1.026 CHF 1 CHF = 0.974 JPY
Pound Sterling Australian Dollar 1 GBP = 2.508 AUD 1 AUD = 0.399 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.336 CAD 1 CAD = 0.428 GBP
Pound Sterling Swiss Franc 1 GBP = 2.468 CHF 1 CHF = 0.405 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.931 CAD 1 CAD = 1.074 AUD
Australian Dollar Swiss Franc 1 AUD = 0.983 CHF 1 CHF = 1.017 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.056 CHF 1 CHF = 0.947 CAD

See what else happened on January 22, 2007