Financial news on April 24, 2007

Business and Financial news
A Pilot’s Heart Attack? Lightning? I Can Cope

How to confront a fear of flying, deal with it and get on with business. Read more..

By TARA-NICHOLLE NELSON - The New York Times

Carbon Gas Is Explored as a Source of Ethanol

A New Zealand company said it secured financing to produce ethanol from an untapped source — carbon monoxide gas. Read more..

By LAWRENCE M. FISHER - The New York Times

In Las Vegas, Too Many Hotels Are Never Enough

The current construction craze along the Las Vegas Strip is driven by a 95 percent weekend occupancy rate. Read more..

By GARY RIVLIN - The New York Times

Little Bits of Paper Make a Big Gift

William Gross, manager of the bond powerhouse Pimco, will donate the proceeds from an auction of his rare stamp collection to Doctors Without Borders. Read more..

BY MATTHEW HEALEY - The New York Times

Microsoft, Trying to Avoid a European Fine, Defends Demand for Royalties

Microsoft filed documents defending its demand to be paid royalties for releasing some software code to competitors. Read more..

By KEVIN J. O’BRIEN - The New York Times

Nissan Will Offer Buyouts

Nissan will offer buyouts to workers in Japan after slumping domestic sales forced it to cut earnings and sales goals. Read more..

By BLOOMBERG NEWS - The New York Times

Running Like a Clock ... and Fast

Overseas, high-speed rail service with amenities like Wi-Fi is luring business travelers away from airports. Read more..

By PAUL BURNHAM FINNEY - The New York Times

Spain: New Bid for Airline

British Airways said it was in discussions with several private equity investors about entering a joint bid for Iberia Líneas Aéreas de España, increasing the chances of a bidding war for the Spanish carrier. The Texas Pacific Group, the American ... Read more..

By NICOLA CLARK - The New York Times

Top Hedge Fund Managers Earn Over $240 Million

A ranking of the top 25 earners shows that for the hedge fund elite, the rich are getting much richer in a hurry. Read more..

By JENNY ANDERSON and JULIE CRESWELL - The New York Times

Warner Music Chairman Sued

The former chairman of Simon & Schuster alleged he was not compensated for his role in the $2.6 billion acquisition of the music company three years ago. Read more..

By JEFF LEEDS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21,95 22,09 21,74 21,94 85.2M
Cisco Systems CSCO 26,65 26,66 26,06 26,33 53.3M
Pfizer PFE 26,35 26,47 26,06 26,15 40.2M
Apple AAPL 93,96 96,39 91,30 93,24 37.7M
General Electric GE 34,68 34,94 34,55 34,76 37.4M
Microsoft MSFT 28,79 28,96 28,59 28,79 34.2M
ExxonMobil XOM 78,80 79,35 78,50 78,60 24.9M
AT&T Inc. T 39,90 39,96 38,92 39,10 23.9M
International Business Machines IBM 99,55 99,90 97,23 98,49 21.5M
Oracle Corp. ORCL 19,04 19,05 18,75 18,82 21.2M
Amazon AMZN 44,75 45,00 44,43 44,75 19.9M
Amgen AMGN 62,05 62,33 60,61 61,22 18.8M
Wal-Mart Stores WMT 48,56 48,98 48,13 48,69 18.6M
ConocoPhillips COP 70,14 70,62 69,40 69,64 14.2M
Home Depot HD 39,09 39,40 38,65 39,31 13.3M
Comcast CMCSA 27,59 27,81 27,26 27,53 12.8M
HP Inc. HPQ 41,24 42,00 41,15 41,65 12.4M
Verizon Communications VZ 37,55 37,85 37,47 37,60 12.1M
Wells Fargo & Co. WFC 35,95 36,00 35,59 35,78 11.7M
Abbott Laboratories ABT 57,08 57,27 56,55 57,17 11.4M
Johnson & Johnson JNJ 65,15 65,15 64,36 64,49 10.4M
JPMorgan Chase JPM 52,06 52,28 51,65 52,16 10.3M
Procter & Gamble PG 63,20 63,74 62,77 63,38 10.1M
UnitedHealth Group UNH 53,90 54,37 53,35 54,23 9.38M
Bristol-Myers Squibb BMY 28,56 28,82 28,36 28,78 9.17M
Altria MO 69,33 70,00 69,06 69,92 9.06M
Chevron CVX 77,11 77,81 76,91 77,10 9M
Merck MRK 51,65 52,26 51,01 51,60 8.92M
Schlumberger SLB 74,55 74,98 73,50 74,80 8.45M
Coca-Cola KO 51,54 51,98 51,37 51,71 8.06M
Alphabet GOOGL 478,61 479,98 475,55 477,53 7.38M
Walt Disney & Co. DIS 35,10 35,24 34,89 34,91 6.94M
McDonald's MCD 48,44 48,66 48,13 48,47 6.62M
Boeing BA 94,90 94,96 93,37 93,67 5.75M
United Technologies UTX 68,07 68,25 67,57 67,77 5.3M
Gilead Sciences GILD 83,15 83,81 82,66 83,37 4.64M
Pepsico PEP 66,56 66,86 66,13 66,41 4.58M
3M MMM 77,14 77,35 76,51 77,00 3.73M
Union Pacific UNP 116,32 116,79 115,33 115,94 2.11M
Berkshire Hathaway BRK.B 3650,00 3650,00 3615,00 3624,00 15.8K
Exchange Rates of April 24, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118,580 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,122 CAD 1 CAD = 0,892 USD
US Dollar Swiss Franc 1 USD = 1,201 CHF 1 CHF = 0,832 USD
US Dollar Chinese Yuan 1 USD = 7,726 CNY 1 CNY = 0,129 USD
Euro Japanese Yen 1 EUR = 161,690 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,681 GBP 1 GBP = 1,468 EUR
Euro Australian Dollar 1 EUR = 1,647 AUD 1 AUD = 0,607 EUR
Euro Canadian Dollar 1 EUR = 1,529 CAD 1 CAD = 0,654 EUR
Euro Swiss Franc 1 EUR = 1,638 CHF 1 CHF = 0,610 EUR
Japanese Yen Pound Sterling 1 JPY = 0,421 GBP 1 GBP = 2,376 JPY
Japanese Yen Australian Dollar 1 JPY = 1,018 AUD 1 AUD = 0,982 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,946 CAD 1 CAD = 1,058 JPY
Japanese Yen Swiss Franc 1 JPY = 1,013 CHF 1 CHF = 0,987 JPY
Pound Sterling Australian Dollar 1 GBP = 2,418 AUD 1 AUD = 0,413 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,246 CAD 1 CAD = 0,445 GBP
Pound Sterling Swiss Franc 1 GBP = 2,405 CHF 1 CHF = 0,416 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,928 CAD 1 CAD = 1,078 AUD
Australian Dollar Swiss Franc 1 AUD = 0,994 CHF 1 CHF = 1,006 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,071 CHF 1 CHF = 0,934 CAD

See what else happened on April 24, 2007