Financial news on August 23, 2007

Business and Financial news
4 Major Banks Tap Fed for Financing

The country’s four biggest banks announced Wednesday that they had each borrowed $500 million from the Federal Reserve at its newly lowered discount rate. Read more..

By ERIC DASH - The New York Times

A Cellphone That Can Even Help You Find Your Friends (if Not Yourself)

Helio’s latest phone, the Fin, is as thin and menacing as a shark’s dorsal appendage slicing through the water. Read more..

By JOHN BIGGS - The New York Times

Changes to Yahoo Video on the Way

Yahoo is planning a more complete YouTube-like video portal, where users will be able to view and share videos, create playlists and interact with others. Read more..

By MIGUEL HELFT - The New York Times

Gambling Dispute With a Tiny Country Puts U.S. in a Bind

A trade dispute filed by Antigua and Barbuda, a Caribbean nation with dozens of online casinos, challenges Washington’s effort to prohibit online gambling. Read more..

By GARY RIVLIN - The New York Times

Japanese Trade Surplus Narrowed in July

The trade surplus narrowed more than economists had forecast as automobile exports cooled, heightening concern that growth in Japan might slow. Read more..

By BLOOMBERG NEWS - The New York Times

Quick Bits: The Late Edition

With news from Sun, Sony and Intuit, among others. Read more..

By DAMON DARLIN - The New York Times

Scandal and Suicide in China: A Dark Side of Toys

The suicide of a Chinese businessman may have resulted in part from the pressures and contradictions of China’s loosely regulated brand of capitalism. Read more..

By DAVID BARBOZA - The New York Times

Ticketmaster to End Live Nation Contract

Ticketmaster said that it did not expect to extend its long-term contract with Live Nation, the world’s biggest concert promoter. Read more..

By JEFF LEEDS - The New York Times

Two Monitors, One PC

Is there a way to connect two monitors to a Windows XP computer so I can keep my e-mail window up in one and do the rest of my work on the other? Read more..

By J. D. BIERSDORFER - The New York Times

With This Software, Digital Home Videos Become Claymation Movies

If your home movies are just too dull to be endured, you have a new option: turn your family members into claymation characters. Read more..

By DAN MITCHELL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.29 24.32 24.00 24.23 38.6M
Cisco Systems CSCO 30.49 30.62 30.06 30.27 38M
Microsoft MSFT 28.30 28.33 28.10 28.30 33.9M
Pfizer PFE 24.74 24.88 24.46 24.62 33.4M
General Electric GE 39.21 39.42 38.60 39.12 33.1M
Oracle Corp. ORCL 19.38 19.69 19.22 19.37 31.2M
Apple AAPL 133.09 133.34 129.76 131.07 31M
ExxonMobil XOM 84.05 84.56 83.05 83.75 24.2M
Wal-Mart Stores WMT 43.75 43.83 43.03 43.17 23.8M
Home Depot HD 34.15 34.36 33.78 34.02 23.1M
JPMorgan Chase JPM 46.45 46.58 45.15 45.67 21.5M
Comcast CMCSA 25.23 25.48 25.09 25.47 20.2M
AT&T Inc. T 39.55 40.21 39.55 40.10 18.7M
Wells Fargo & Co. WFC 36.78 37.00 36.15 36.45 17.2M
HP Inc. HPQ 46.51 47.84 46.30 47.65 14.6M
Altria MO 68.88 68.96 68.30 68.63 12.3M
ConocoPhillips COP 79.75 79.86 78.21 79.40 11.9M
Amgen AMGN 49.16 51.00 49.16 50.25 11.2M
Walt Disney & Co. DIS 33.75 33.98 32.97 33.16 11M
Procter & Gamble PG 64.99 65.18 64.54 65.04 10.7M
Merck MRK 50.71 50.74 49.96 50.50 9.82M
Verizon Communications VZ 41.95 42.30 41.82 42.15 9.29M
Abbott Laboratories ABT 52.52 52.58 51.82 52.16 9.21M
Johnson & Johnson JNJ 62.15 62.37 61.97 62.11 8.81M
Chevron CVX 85.80 86.47 84.09 85.48 8.67M
Bristol-Myers Squibb BMY 29.12 29.15 28.68 29.00 8.57M
International Business Machines IBM 110.40 111.68 110.01 111.45 8.27M
Coca-Cola KO 53.88 54.17 53.62 53.98 6.96M
McDonald's MCD 49.67 50.03 49.50 49.85 6.67M
Pepsico PEP 68.88 69.02 67.44 67.91 6.5M
Schlumberger SLB 91.31 92.99 90.96 92.42 6.44M
Alphabet GOOGL 516.00 516.13 507.00 512.19 6.15M
UnitedHealth Group UNH 48.90 49.00 48.34 48.62 5.92M
Gilead Sciences GILD 37.94 37.94 37.00 37.18 5.85M
Amazon AMZN 78.94 79.00 76.51 77.30 5.66M
Boeing BA 98.95 98.95 96.22 96.74 4.38M
United Technologies UTX 73.81 74.00 73.09 73.30 3.48M
3M MMM 89.34 89.34 88.22 88.75 2.71M
Union Pacific UNP 113.28 114.01 109.27 109.66 2.49M
Berkshire Hathaway BRK.B 3938.00 3973.00 3920.00 3945.00 11.2K
Exchange Rates of August 23, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.330 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.053 CAD 1 CAD = 0.950 USD
US Dollar Swiss Franc 1 USD = 1.207 CHF 1 CHF = 0.829 USD
US Dollar Chinese Yuan 1 USD = 7.584 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 157.800 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.676 GBP 1 GBP = 1.479 EUR
Euro Australian Dollar 1 EUR = 1.654 AUD 1 AUD = 0.605 EUR
Euro Canadian Dollar 1 EUR = 1.428 CAD 1 CAD = 0.700 EUR
Euro Swiss Franc 1 EUR = 1.637 CHF 1 CHF = 0.611 EUR
Japanese Yen Pound Sterling 1 JPY = 0.428 GBP 1 GBP = 2.334 JPY
Japanese Yen Australian Dollar 1 JPY = 1.048 AUD 1 AUD = 0.955 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.904 CAD 1 CAD = 1.106 JPY
Japanese Yen Swiss Franc 1 JPY = 1.037 CHF 1 CHF = 0.964 JPY
Pound Sterling Australian Dollar 1 GBP = 2.445 AUD 1 AUD = 0.409 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.111 CAD 1 CAD = 0.474 GBP
Pound Sterling Swiss Franc 1 GBP = 2.420 CHF 1 CHF = 0.413 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.863 CAD 1 CAD = 1.159 AUD
Australian Dollar Swiss Franc 1 AUD = 0.989 CHF 1 CHF = 1.011 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.146 CHF 1 CHF = 0.872 CAD

See what else happened on August 23, 2007