Financial news on August 24, 2007

Business and Financial news
Campaigning Not for Your Vote but for Your Dollar

There is a new presidential candidate named Ray Hopewood — but believe in him at your peril. Read more..

By STUART ELLIOTT - The New York Times

In Primary, Tech’s Home Is a Magnet

For presidential candidates campaigning in Silicon Valley, the place to be is Google’s headquarters. Read more..

By LAURIE J. FLYNN - The New York Times

Smithfield Foods Net Soars, but Hormel Profit Tumbles

Smithfield Foods, the world’s biggest hog and turkey producer, reported yesterday that quarterly net income doubled on rising beef and pork sales. Hormel Foods said its profit fell on higher costs to make Spam meat products and bacon bits. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 24.19 24.88 24.07 24.79 51.7M
Microsoft MSFT 28.21 28.84 28.07 28.81 45.2M
General Electric GE 39.04 39.47 38.98 39.41 34.8M
Cisco Systems CSCO 30.20 30.75 30.07 30.73 34M
Apple AAPL 130.53 135.37 129.81 135.30 32.6M
Pfizer PFE 24.52 24.83 24.50 24.74 32M
Oracle Corp. ORCL 19.30 19.97 19.30 19.94 26.8M
ExxonMobil XOM 83.75 85.85 83.74 85.69 21M
Wal-Mart Stores WMT 43.16 43.92 43.13 43.74 18M
Wells Fargo & Co. WFC 36.45 36.64 36.16 36.57 16.8M
AT&T Inc. T 40.15 40.44 39.96 40.36 15.5M
Home Depot HD 34.21 34.95 34.16 34.68 14.4M
JPMorgan Chase JPM 45.50 46.00 45.03 45.95 13.2M
ConocoPhillips COP 79.79 81.00 79.58 80.74 12M
Comcast CMCSA 25.36 25.64 25.20 25.48 11.8M
HP Inc. HPQ 47.50 48.17 47.40 48.10 11.2M
Altria MO 68.24 69.30 68.00 69.19 9.56M
Johnson & Johnson JNJ 61.76 61.98 61.35 61.88 9.17M
Bristol-Myers Squibb BMY 29.05 29.59 28.99 29.55 9.02M
Abbott Laboratories ABT 52.25 52.68 51.78 52.53 8.81M
Procter & Gamble PG 65.31 65.95 65.10 65.93 8.5M
Amgen AMGN 50.02 50.47 50.00 50.27 8.33M
Chevron CVX 85.90 87.53 85.90 87.22 7.68M
Verizon Communications VZ 42.15 42.68 42.12 42.64 7.41M
Walt Disney & Co. DIS 33.27 33.89 33.12 33.87 7.38M
Merck MRK 50.50 50.86 50.09 50.82 7.15M
International Business Machines IBM 111.45 113.25 110.81 113.24 7.06M
Coca-Cola KO 53.65 54.73 53.65 54.00 6.75M
Schlumberger SLB 92.98 94.99 92.75 94.23 6.69M
UnitedHealth Group UNH 48.40 49.79 48.17 49.61 6.22M
McDonald's MCD 49.89 50.46 49.63 50.12 5.85M
Amazon AMZN 76.80 79.40 76.69 79.25 5.67M
Gilead Sciences GILD 37.21 37.59 36.63 37.29 5.6M
Alphabet GOOGL 512.61 515.55 508.50 515.00 4.94M
Boeing BA 96.78 98.60 96.63 98.47 4.35M
Pepsico PEP 68.07 68.39 67.83 68.22 4M
3M MMM 88.50 89.15 88.00 89.15 2.99M
United Technologies UTX 73.36 74.46 73.01 74.33 2.98M
Union Pacific UNP 109.68 111.43 109.06 111.07 1.74M
Berkshire Hathaway BRK.B 3950.00 3995.00 3940.00 3995.00 12.5K
Exchange Rates of August 24, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.100 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.051 CAD 1 CAD = 0.951 USD
US Dollar Swiss Franc 1 USD = 1.201 CHF 1 CHF = 0.833 USD
US Dollar Chinese Yuan 1 USD = 7.568 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 158.750 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.473 EUR
Euro Australian Dollar 1 EUR = 1.657 AUD 1 AUD = 0.603 EUR
Euro Canadian Dollar 1 EUR = 1.437 CAD 1 CAD = 0.696 EUR
Euro Swiss Franc 1 EUR = 1.642 CHF 1 CHF = 0.609 EUR
Japanese Yen Pound Sterling 1 JPY = 0.428 GBP 1 GBP = 2.339 JPY
Japanese Yen Australian Dollar 1 JPY = 1.043 AUD 1 AUD = 0.958 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.905 CAD 1 CAD = 1.105 JPY
Japanese Yen Swiss Franc 1 JPY = 1.034 CHF 1 CHF = 0.967 JPY
Pound Sterling Australian Dollar 1 GBP = 2.440 AUD 1 AUD = 0.410 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.116 CAD 1 CAD = 0.473 GBP
Pound Sterling Swiss Franc 1 GBP = 2.417 CHF 1 CHF = 0.414 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.867 CAD 1 CAD = 1.154 AUD
Australian Dollar Swiss Franc 1 AUD = 0.990 CHF 1 CHF = 1.010 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.142 CHF 1 CHF = 0.876 CAD

See what else happened on August 24, 2007