Financial news on May 22, 2008
Business and Financial news
David Pogue addresses the issue of copyright protection and electronic publishing. Read more..
The hawkish tone of minutes from the Fed’s last meeting, in which policymakers signaled a willingness to halt their rate-cutting campaign, sent the stock indexes tumbling. Read more..
The fund accused A.I.G. and a number of its top executives of understating the company’s exposure to the subprime mortgage crisis in order to inflate its stock price. Read more..
Moody’s is investigating whether it assigned top-flight credit ratings to certain securities because of computer errors, raising new questions about the credibility of its assessments. Read more..
Airline passengers expressed a variety of opinions about American Airlines’ move to charge $15 for each checked bag. Read more..
McDonald’s has just introduced a Southern Style Chicken Sandwich — one that looks suspiciously like the signature sandwich of the Chick-fil-A chain. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Pfizer | PFE | 19,77 | 19,93 | 19,61 | 19,78 | 63.7M |
General Electric | GE | 31,04 | 31,25 | 30,80 | 31,01 | 54.2M |
Microsoft | MSFT | 28,28 | 28,70 | 28,18 | 28,47 | 52.2M |
Apple | AAPL | 179,18 | 181,33 | 172,00 | 177,05 | 43.1M |
Intel | INTC | 23,82 | 24,13 | 23,73 | 23,88 | 41.2M |
Cisco Systems | CSCO | 25,38 | 25,80 | 25,19 | 25,58 | 35M |
ExxonMobil | XOM | 94,11 | 94,29 | 92,41 | 92,51 | 32M |
HP Inc. | HPQ | 45,21 | 45,32 | 44,70 | 44,90 | 29.3M |
JPMorgan Chase | JPM | 42,40 | 43,73 | 42,10 | 43,05 | 28.9M |
ConocoPhillips | COP | 92,58 | 93,45 | 91,26 | 92,00 | 26.3M |
Wells Fargo & Co. | WFC | 27,75 | 28,44 | 27,55 | 27,91 | 26.2M |
Oracle Corp. | ORCL | 22,07 | 22,47 | 22,06 | 22,31 | 24.2M |
Visa | V | 80,57 | 80,60 | 76,16 | 77,31 | 21.3M |
Chevron | CVX | 102,67 | 103,42 | 101,72 | 101,91 | 17.4M |
AT&T Inc. | T | 38,87 | 39,43 | 38,68 | 39,18 | 16.3M |
UnitedHealth Group | UNH | 34,31 | 35,77 | 34,00 | 35,30 | 16.3M |
Altria | MO | 22,43 | 23,02 | 22,37 | 22,77 | 16.2M |
Home Depot | HD | 26,84 | 27,19 | 26,71 | 26,91 | 15.9M |
Wal-Mart Stores | WMT | 55,20 | 56,21 | 55,09 | 56,05 | 15.1M |
Comcast | CMCSA | 21,76 | 22,29 | 21,72 | 22,20 | 14.6M |
Coca-Cola | KO | 56,68 | 58,42 | 56,53 | 58,27 | 12.6M |
Merck | MRK | 39,12 | 39,35 | 38,65 | 39,03 | 10.9M |
Alphabet | GOOGL | 551,67 | 554,21 | 540,25 | 549,46 | 10.1M |
Abbott Laboratories | ABT | 54,25 | 54,95 | 54,00 | 54,85 | 10M |
Johnson & Johnson | JNJ | 65,69 | 65,75 | 65,21 | 65,41 | 9.88M |
Verizon Communications | VZ | 37,29 | 37,77 | 37,15 | 37,47 | 9.48M |
Schlumberger | SLB | 104,58 | 104,58 | 101,93 | 102,47 | 9.11M |
Procter & Gamble | PG | 65,20 | 65,81 | 65,06 | 65,62 | 8.64M |
Bristol-Myers Squibb | BMY | 21,96 | 22,08 | 21,67 | 21,95 | 8.07M |
Amgen | AMGN | 42,19 | 43,04 | 42,10 | 42,77 | 7.82M |
Walt Disney & Co. | DIS | 33,78 | 33,78 | 33,35 | 33,61 | 7.74M |
Boeing | BA | 81,05 | 81,72 | 80,55 | 81,41 | 6.33M |
Pepsico | PEP | 67,62 | 68,67 | 67,50 | 68,38 | 6.3M |
Gilead Sciences | GILD | 52,80 | 53,99 | 52,73 | 53,69 | 5.44M |
Amazon | AMZN | 78,42 | 79,69 | 78,00 | 79,26 | 5.39M |
McDonald's | MCD | 58,75 | 59,26 | 58,42 | 58,53 | 5.11M |
International Business Machines | IBM | 123,55 | 125,35 | 123,55 | 124,70 | 5.03M |
United Technologies | UTX | 72,02 | 72,36 | 71,55 | 71,84 | 3.92M |
3M | MMM | 76,37 | 76,81 | 75,87 | 76,64 | 3.84M |
Union Pacific | UNP | 153,59 | 156,23 | 151,78 | 154,44 | 2.87M |
Berkshire Hathaway | BRK.B | 4064,00 | 4106,00 | 4040,00 | 4105,50 | 21.4K |
Exchange Rates of May 22, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 104,120 JPY | 1 JPY = 0,010 USD |
US Dollar | Canadian Dollar | 1 USD = 0,985 CAD | 1 CAD = 1,015 USD |
US Dollar | Swiss Franc | 1 USD = 1,031 CHF | 1 CHF = 0,970 USD |
US Dollar | Chinese Yuan | 1 USD = 6,944 CNY | 1 CNY = 0,144 USD |
Euro | Japanese Yen | 1 EUR = 163,720 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,794 GBP | 1 GBP = 1,259 EUR |
Euro | Australian Dollar | 1 EUR = 1,643 AUD | 1 AUD = 0,609 EUR |
Euro | Canadian Dollar | 1 EUR = 1,548 CAD | 1 CAD = 0,646 EUR |
Euro | Swiss Franc | 1 EUR = 1,621 CHF | 1 CHF = 0,617 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,485 GBP | 1 GBP = 2,063 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,003 AUD | 1 AUD = 0,997 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,945 CAD | 1 CAD = 1,058 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0,990 CHF | 1 CHF = 1,010 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,070 AUD | 1 AUD = 0,483 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,950 CAD | 1 CAD = 0,513 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,041 CHF | 1 CHF = 0,490 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,942 CAD | 1 CAD = 1,062 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,986 CHF | 1 CHF = 1,015 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,047 CHF | 1 CHF = 0,956 CAD |
See what else happened on May 22, 2008