Financial news on April 23, 2008
Business and Financial news
In an odd experiment in reverse publishing, a collection of Wikipedia articles in Germany is being produced in book form by a major publisher. Read more..
The Royal Bank of Scotland became the latest lender to seek new funds to cover its soured investments, saying it would sell $23.8 billion of new shares to investors. Read more..
Online instructional videos — even for such arcane tasks as turning flashlights into lasers — are proving extraordinarily popular and lucrative. Read more..
The new system, called Live Mesh, is Microsoft’s most ambitious step yet in tying its personal computer business more closely to software running in remote data centers. Read more..
Scott Galloway and James A. Kohlberg, two investors who were part of a group that threatened a proxy battle against the Times, were elected as directors. Read more..
Competitors objected to the ads by Tyson and said Tyson had injected its eggs with antibiotics and used antibiotic molecules in its feed. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.45 | 31.46 | 30.30 | 31.45 | 98.4M |
| Intel | INTC | 22.14 | 22.57 | 22.00 | 22.56 | 62M |
| Apple | AAPL | 164.05 | 164.84 | 161.08 | 162.89 | 53.7M |
| Pfizer | PFE | 19.89 | 20.00 | 19.81 | 19.88 | 53.4M |
| Cisco Systems | CSCO | 25.27 | 25.56 | 25.16 | 25.44 | 51M |
| General Electric | GE | 32.49 | 32.72 | 32.28 | 32.36 | 41.9M |
| AT&T Inc. | T | 37.91 | 38.98 | 37.87 | 38.53 | 27.5M |
| Oracle Corp. | ORCL | 21.80 | 21.96 | 21.69 | 21.91 | 25.5M |
| Abbott Laboratories | ABT | 50.81 | 50.90 | 50.46 | 50.56 | 24.7M |
| Wells Fargo & Co. | WFC | 29.44 | 29.64 | 28.58 | 28.92 | 24.5M |
| ExxonMobil | XOM | 94.19 | 94.48 | 92.50 | 94.22 | 23.9M |
| JPMorgan Chase | JPM | 45.41 | 46.04 | 44.69 | 45.15 | 23.3M |
| Altria | MO | 22.13 | 22.54 | 22.02 | 22.30 | 22.2M |
| Amazon | AMZN | 80.25 | 82.64 | 78.74 | 81.00 | 19.3M |
| Merck | MRK | 38.77 | 38.88 | 38.00 | 38.62 | 18M |
| UnitedHealth Group | UNH | 34.06 | 35.17 | 33.77 | 34.73 | 17.8M |
| Bristol-Myers Squibb | BMY | 21.49 | 21.55 | 21.15 | 21.43 | 17.3M |
| Home Depot | HD | 28.68 | 28.69 | 28.02 | 28.13 | 15.9M |
| Boeing | BA | 80.65 | 83.36 | 79.57 | 82.09 | 15.5M |
| Wal-Mart Stores | WMT | 56.31 | 57.27 | 56.31 | 56.92 | 15.2M |
| Walt Disney & Co. | DIS | 31.47 | 31.68 | 31.11 | 31.64 | 15M |
| Procter & Gamble | PG | 67.48 | 67.87 | 66.75 | 67.17 | 14.2M |
| ConocoPhillips | COP | 84.96 | 85.13 | 83.98 | 84.48 | 13.2M |
| Comcast | CMCSA | 19.96 | 20.07 | 19.53 | 19.76 | 13.1M |
| Chevron | CVX | 93.76 | 94.63 | 93.48 | 94.48 | 13M |
| Johnson & Johnson | JNJ | 67.12 | 67.49 | 66.75 | 67.26 | 10.6M |
| Verizon Communications | VZ | 35.80 | 36.49 | 35.79 | 36.33 | 10.5M |
| HP Inc. | HPQ | 48.18 | 48.58 | 47.74 | 48.02 | 10.5M |
| Schlumberger | SLB | 105.41 | 106.48 | 103.79 | 104.87 | 10.4M |
| Alphabet | GOOGL | 558.00 | 559.31 | 540.95 | 546.49 | 9.83M |
| Coca-Cola | KO | 59.76 | 60.39 | 59.76 | 60.32 | 9.49M |
| Visa | V | 71.15 | 71.70 | 69.69 | 70.08 | 9.33M |
| McDonald's | MCD | 58.41 | 59.44 | 58.10 | 58.69 | 8.81M |
| Gilead Sciences | GILD | 51.30 | 51.50 | 50.30 | 50.50 | 8.5M |
| International Business Machines | IBM | 123.69 | 124.78 | 122.64 | 123.60 | 7.59M |
| Pepsico | PEP | 69.10 | 69.97 | 68.79 | 69.19 | 7.17M |
| Amgen | AMGN | 41.94 | 42.85 | 41.93 | 42.69 | 4.69M |
| United Technologies | UTX | 71.85 | 72.34 | 71.04 | 71.86 | 4.53M |
| 3M | MMM | 80.87 | 81.68 | 80.43 | 80.63 | 3.62M |
| Union Pacific | UNP | 136.92 | 137.04 | 134.00 | 135.14 | 2.46M |
| Berkshire Hathaway | BRK.B | 4247.00 | 4257.50 | 4222.00 | 4236.00 | 14K |
Exchange Rates of April 23, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 103.420 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.017 CAD | 1 CAD = 0.983 USD |
| US Dollar | Swiss Franc | 1 USD = 1.015 CHF | 1 CHF = 0.985 USD |
| US Dollar | Chinese Yuan | 1 USD = 6.983 CNY | 1 CNY = 0.143 USD |
| Euro | Japanese Yen | 1 EUR = 164.270 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.803 GBP | 1 GBP = 1.246 EUR |
| Euro | Australian Dollar | 1 EUR = 1.676 AUD | 1 AUD = 0.597 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.615 CAD | 1 CAD = 0.619 EUR |
| Euro | Swiss Franc | 1 EUR = 1.613 CHF | 1 CHF = 0.620 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.488 GBP | 1 GBP = 2.048 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.020 AUD | 1 AUD = 0.981 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.983 CAD | 1 CAD = 1.018 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.982 CHF | 1 CHF = 1.019 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.088 AUD | 1 AUD = 0.479 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.013 CAD | 1 CAD = 0.497 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.009 CHF | 1 CHF = 0.498 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.963 CAD | 1 CAD = 1.038 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.962 CHF | 1 CHF = 1.040 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 0.998 CHF | 1 CHF = 1.002 CAD |
See what else happened on April 23, 2008