Financial news on June 22, 2007
Business and Financial news
The case of Universal Express shows how hard it can be for the commission to halt what it views as a fraud. Read more..
Buoyed by rapidly rising demand and aggressive financing from banks, even the youngest companies are ordering new planes. Read more..
Four networks manage to increase their rates as they complete their upfront sales. Read more..
The Jones Apparel Group is near a deal to sell Barneys New York for about $825 million to an investment arm of the Dubai government. Read more..
Talks collapsed when the U.S. and the European Union fell out with India and Brazil over plans to cut agricultural subsidies and tariffs. Read more..
Lockheed Martin’s $600 billion Joint Strike Fighter program is only now moving off the drawing board and into first flight. Read more..
Plaxo, of web address book fame, focuses on synchronizing all the gadgets in your life. Read more..
See if you spot the humor in all this. The folks running the SuperNova tech conference this week presented a dozen or so start-up companies. Most of the tech conferences do that, but this one, sponsored by TechCrunch, thought this was the setting for a hilarious joke. Hold on, hold on. This is just so […] Read more..
Robert E. Diamond Jr. would be crucial to making a merger between Barclays and ABN Amro work. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.00 | 30.10 | 29.45 | 29.49 | 86.2M |
| Intel | INTC | 24.19 | 24.23 | 23.69 | 23.70 | 70.5M |
| General Electric | GE | 38.71 | 39.15 | 38.24 | 38.24 | 68.2M |
| Pfizer | PFE | 25.77 | 25.88 | 25.38 | 25.38 | 62.4M |
| Schlumberger | SLB | 85.80 | 89.20 | 85.50 | 89.20 | 55.7M |
| Cisco Systems | CSCO | 27.17 | 27.49 | 26.85 | 26.92 | 53.2M |
| Oracle Corp. | ORCL | 19.60 | 19.65 | 19.39 | 19.39 | 39.7M |
| ExxonMobil | XOM | 84.10 | 84.20 | 82.11 | 82.52 | 39.2M |
| AT&T Inc. | T | 39.60 | 39.74 | 38.70 | 38.85 | 37M |
| JPMorgan Chase | JPM | 49.56 | 49.75 | 48.58 | 48.72 | 25.1M |
| HP Inc. | HPQ | 45.50 | 45.80 | 45.07 | 45.18 | 23M |
| Apple | AAPL | 123.85 | 124.45 | 122.38 | 123.00 | 22.6M |
| Comcast | CMCSA | 28.35 | 28.39 | 27.76 | 27.76 | 22.3M |
| Johnson & Johnson | JNJ | 61.85 | 61.98 | 60.73 | 60.73 | 22.1M |
| Wal-Mart Stores | WMT | 48.25 | 48.43 | 47.83 | 47.83 | 20.5M |
| Procter & Gamble | PG | 61.88 | 61.97 | 60.99 | 61.03 | 19.7M |
| Home Depot | HD | 39.59 | 40.12 | 39.36 | 39.36 | 19.3M |
| Verizon Communications | VZ | 42.31 | 42.40 | 41.46 | 41.63 | 18.3M |
| Wells Fargo & Co. | WFC | 35.47 | 35.57 | 35.01 | 35.02 | 18.2M |
| Amgen | AMGN | 56.71 | 57.15 | 55.96 | 55.96 | 18M |
| Abbott Laboratories | ABT | 53.69 | 54.01 | 52.80 | 52.86 | 17.3M |
| ConocoPhillips | COP | 79.59 | 80.00 | 78.16 | 78.74 | 16.3M |
| Coca-Cola | KO | 52.09 | 52.26 | 51.44 | 51.62 | 15.1M |
| Walt Disney & Co. | DIS | 34.01 | 34.44 | 33.91 | 34.14 | 15M |
| Merck | MRK | 48.92 | 49.40 | 48.26 | 48.55 | 14.5M |
| Alphabet | GOOGL | 516.42 | 524.99 | 516.10 | 524.98 | 14.4M |
| Bristol-Myers Squibb | BMY | 31.88 | 31.95 | 31.25 | 31.40 | 14.2M |
| Altria | MO | 68.50 | 68.80 | 67.99 | 68.20 | 13.6M |
| Chevron | CVX | 82.85 | 82.94 | 81.50 | 81.55 | 13.4M |
| International Business Machines | IBM | 105.79 | 106.44 | 104.44 | 104.44 | 10.8M |
| McDonald's | MCD | 50.96 | 51.09 | 50.02 | 50.42 | 10.5M |
| Amazon | AMZN | 69.55 | 69.88 | 68.42 | 68.86 | 8.38M |
| UnitedHealth Group | UNH | 51.68 | 51.90 | 51.03 | 51.30 | 7.96M |
| Pepsico | PEP | 65.58 | 65.98 | 64.71 | 64.86 | 7.72M |
| United Technologies | UTX | 72.05 | 72.17 | 71.06 | 71.38 | 6.12M |
| Boeing | BA | 96.64 | 96.90 | 95.60 | 95.92 | 5.36M |
| 3M | MMM | 87.30 | 87.41 | 86.13 | 86.43 | 4.8M |
| Gilead Sciences | GILD | 79.02 | 79.49 | 77.46 | 78.48 | 4.69M |
| Union Pacific | UNP | 118.00 | 118.03 | 114.82 | 116.09 | 2.42M |
| Berkshire Hathaway | BRK.B | 3575.00 | 3589.50 | 3565.00 | 3578.00 | 10.1K |
Exchange Rates of June 22, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 123.870 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.068 CAD | 1 CAD = 0.937 USD |
| US Dollar | Swiss Franc | 1 USD = 1.229 CHF | 1 CHF = 0.814 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.625 CNY | 1 CNY = 0.131 USD |
| Euro | Japanese Yen | 1 EUR = 166.860 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.674 GBP | 1 GBP = 1.485 EUR |
| Euro | Australian Dollar | 1 EUR = 1.589 AUD | 1 AUD = 0.629 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.439 CAD | 1 CAD = 0.695 EUR |
| Euro | Swiss Franc | 1 EUR = 1.656 CHF | 1 CHF = 0.604 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.404 GBP | 1 GBP = 2.478 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.952 AUD | 1 AUD = 1.050 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.862 CAD | 1 CAD = 1.160 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.992 CHF | 1 CHF = 1.008 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.360 AUD | 1 AUD = 0.424 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.136 CAD | 1 CAD = 0.468 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.457 CHF | 1 CHF = 0.407 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.905 CAD | 1 CAD = 1.105 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.041 CHF | 1 CHF = 0.961 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.150 CHF | 1 CHF = 0.869 CAD |
See what else happened on June 22, 2007