Financial news on April 24th, 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

StockTicker symbolOpenHighLowCloseVolume
IntelINTC21,9522,0921,7421,9485.2M
Cisco SystemsCSCO26,6526,6626,0626,3353.3M
PfizerPFE26,3526,4726,0626,1540.2M
AppleAAPL93,9696,3991,3093,2437.7M
General ElectricGE34,6834,9434,5534,7637.4M
MicrosoftMSFT28,7928,9628,5928,7934.2M
ExxonMobilXOM78,8079,3578,5078,6024.9M
AT&T Inc.T39,9039,9638,9239,1023.9M
International Business MachinesIBM99,5599,9097,2398,4921.5M
Oracle Corp.ORCL19,0419,0518,7518,8221.2M
AmazonAMZN44,7545,0044,4344,7519.9M
AmgenAMGN62,0562,3360,6161,2218.8M
Wal-Mart StoresWMT48,5648,9848,1348,6918.6M
ConocoPhillipsCOP70,1470,6269,4069,6414.2M
Home DepotHD39,0939,4038,6539,3113.3M
ComcastCMCSA27,5927,8127,2627,5312.8M
HP Inc.HPQ41,2442,0041,1541,6512.4M
Verizon CommunicationsVZ37,5537,8537,4737,6012.1M
Wells Fargo & Co.WFC35,9536,0035,5935,7811.7M
Abbott LaboratoriesABT57,0857,2756,5557,1711.4M
Johnson & JohnsonJNJ65,1565,1564,3664,4910.4M
JPMorgan ChaseJPM52,0652,2851,6552,1610.3M
Procter & GamblePG63,2063,7462,7763,3810.1M
UnitedHealth GroupUNH53,9054,3753,3554,239.38M
Bristol-Myers SquibbBMY28,5628,8228,3628,789.17M
AltriaMO69,3370,0069,0669,929.06M
ChevronCVX77,1177,8176,9177,109M
MerckMRK51,6552,2651,0151,608.92M
SchlumbergerSLB74,5574,9873,5074,808.45M
Coca-ColaKO51,5451,9851,3751,718.06M
AlphabetGOOGL478,61479,98475,55477,537.38M
Walt Disney & Co.DIS35,1035,2434,8934,916.94M
McDonald'sMCD48,4448,6648,1348,476.62M
BoeingBA94,9094,9693,3793,675.75M
United TechnologiesUTX68,0768,2567,5767,775.3M
Gilead SciencesGILD83,1583,8182,6683,374.64M
PepsicoPEP66,5666,8666,1366,414.58M
3MMMM77,1477,3576,5177,003.73M
Union PacificUNP116,32116,79115,33115,942.11M
Berkshire HathawayBRK.B3650,003650,003615,003624,0015.8K
Exchange Rates of April 24th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118,580 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,122 CAD1 CAD = 0,892 USD
US DollarSwiss Franc1 USD = 1,201 CHF1 CHF = 0,832 USD
US DollarChinese Yuan1 USD = 7,726 CNY1 CNY = 0,129 USD
EuroJapanese Yen1 EUR = 161,690 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,681 GBP1 GBP = 1,468 EUR
EuroAustralian Dollar1 EUR = 1,647 AUD1 AUD = 0,607 EUR
EuroCanadian Dollar1 EUR = 1,529 CAD1 CAD = 0,654 EUR
EuroSwiss Franc1 EUR = 1,638 CHF1 CHF = 0,610 EUR
Japanese YenPound Sterling1 JPY = 0,421 GBP1 GBP = 2,376 JPY
Japanese YenAustralian Dollar1 JPY = 1,018 AUD1 AUD = 0,982 JPY
Japanese YenCanadian Dollar1 JPY = 0,946 CAD1 CAD = 1,058 JPY
Japanese YenSwiss Franc1 JPY = 1,013 CHF1 CHF = 0,987 JPY
Pound SterlingAustralian Dollar1 GBP = 2,418 AUD1 AUD = 0,413 GBP
Pound SterlingCanadian Dollar1 GBP = 2,246 CAD1 CAD = 0,445 GBP
Pound SterlingSwiss Franc1 GBP = 2,405 CHF1 CHF = 0,416 GBP
Australian DollarCanadian Dollar1 AUD = 0,928 CAD1 CAD = 1,078 AUD
Australian DollarSwiss Franc1 AUD = 0,994 CHF1 CHF = 1,006 AUD
Canadian DollarSwiss Franc1 CAD = 1,071 CHF1 CHF = 0,934 CAD

See what else happened on April 24th, 2007