Financial news on July 24, 2007

Business and Financial news
A Genetically Modified Potato, Not for Eating, Is Stirring Some Opposition in Europe

Amflora potatoes have become the unlikely lightning rod in the angry debate over genetically modified crops in Europe. Read more..

By ELISABETH ROSENTHAL - The New York Times

Amazon Profit Is Up, With Harry Potter’s Aid

The online retailer announced today that its second-quarter net income increased more than threefold, with revenue up 35 percent. Read more..

By BRAD STONE - The New York Times

A Reverse Profit Strategy Faces a Commercial Test

Procter & Gamble makes a powder that purifies water, which it sells at cost to poverty stricken countries. Now it wants to sell that product for a profit in the United States. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Doubts Raised on Magazine’s ‘Baghdad Diarist’

Many people are asking The New Republic about the identity of the author of a number of articles attributed to an American soldier in Baghdad. Read more..

By LOUISE STORY - The New York Times

H.P. Making 2 Purchases to Push Data

Hewlett-Packard said it had agreed to pay $1.6 billion for software maker Opsware, giving a hefty payoff to Opsware founder, Marc Andreessen. Read more..

By MATT RICHTEL - The New York Times

Older Workers, Tired of Routine, Turn to Franchising

Older people are discovering the joys (and risks) of franchising. Read more..

By BRENT BOWERS - The New York Times

Serena and Roger on the Bus, Not the Court

A new campaign by Arnold Worldwide features tennis stars traveling on a tour bus. Read more..

By JANE L. LEVERE - The New York Times

Taser Profit Exceeds Forecast for Quarter

Taser International, the maker of stun guns, posted second-quarter profit of $3.7 million on sales to the military and law enforcement agencies. Read more..

By BLOOMBERG NEWS - The New York Times

The Goal: To Survive World Cup Mania

I’m a 46-year-old software engineer and manager who has traveled to five continents for both business and pleasure. My hobby is nature and wildlife photography. So I have taken trips to exotic places like Tanzania for a safari and Cambodia to visi... Read more..

By JAMES ARMSTRONG - The New York Times

Top Oil Drilling Companies to Merge

Transocean and GlobalSantaFe said Monday that they would seek to consolidate their lead in a fast-growing market. Read more..

By JAD MOUAWAD - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 29.95 30.36 29.58 29.76 69.6M
Intel INTC 24.41 24.90 24.41 24.53 68.5M
Apple AAPL 138.88 141.00 134.15 134.89 64.1M
Microsoft MSFT 31.01 31.48 30.71 30.80 59.7M
General Electric GE 40.63 40.98 40.15 40.22 46.1M
Pfizer PFE 24.96 25.14 24.88 24.89 42.7M
AT&T Inc. T 39.61 40.32 39.20 39.68 41.5M
Oracle Corp. ORCL 20.78 20.98 20.54 20.64 39.5M
JPMorgan Chase JPM 46.63 46.95 45.12 45.34 35.7M
ExxonMobil XOM 92.52 92.89 90.84 90.84 31.8M
Home Depot HD 38.77 38.95 37.87 37.95 26.2M
Amazon AMZN 71.04 72.16 68.85 69.25 25.3M
Wells Fargo & Co. WFC 34.45 34.69 33.83 33.93 23.4M
Comcast CMCSA 28.53 29.00 28.19 28.31 22.3M
Wal-Mart Stores WMT 47.72 48.66 47.72 48.02 21.9M
ConocoPhillips COP 85.09 85.13 81.84 82.33 20.9M
Abbott Laboratories ABT 53.20 54.20 52.20 52.51 18.4M
Merck MRK 52.95 53.81 51.53 51.72 17.1M
Verizon Communications VZ 42.50 43.51 42.46 43.11 16.6M
Gilead Sciences GILD 37.45 38.53 37.45 37.86 15.9M
Procter & Gamble PG 62.57 64.38 62.55 62.96 14.8M
Bristol-Myers Squibb BMY 31.89 32.08 31.37 31.40 12.3M
Alphabet GOOGL 509.30 518.69 507.11 514.00 11.1M
Chevron CVX 91.64 92.15 89.57 89.85 11M
Johnson & Johnson JNJ 61.57 62.13 61.42 61.47 10.8M
Altria MO 69.13 69.58 67.87 68.06 10.6M
International Business Machines IBM 115.32 117.00 115.02 116.17 10.5M
Amgen AMGN 56.44 57.55 56.25 56.44 10.5M
Walt Disney & Co. DIS 34.95 35.38 34.67 34.75 10.4M
HP Inc. HPQ 48.40 48.67 47.52 47.61 10.4M
Schlumberger SLB 96.00 96.74 94.50 94.80 9.72M
Coca-Cola KO 52.97 53.80 52.96 53.22 9.35M
UnitedHealth Group UNH 51.17 51.56 50.96 51.00 8.68M
Pepsico PEP 66.00 66.90 65.61 66.26 8.25M
McDonald's MCD 51.70 52.78 51.49 51.55 7.15M
United Technologies UTX 75.74 76.31 74.70 74.74 5.9M
Boeing BA 103.45 105.67 103.34 103.80 5.54M
3M MMM 90.54 91.23 89.35 89.69 3.64M
Union Pacific UNP 122.94 127.63 122.94 124.99 3.64M
Berkshire Hathaway BRK.B 3635.00 3645.00 3625.50 3636.00 10K
Exchange Rates of July 24, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 120.240 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.036 CAD 1 CAD = 0.966 USD
US Dollar Swiss Franc 1 USD = 1.203 CHF 1 CHF = 0.831 USD
US Dollar Chinese Yuan 1 USD = 7.563 CNY 1 CNY = 0.132 USD
Euro Japanese Yen 1 EUR = 166.220 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.493 EUR
Euro Australian Dollar 1 EUR = 1.567 AUD 1 AUD = 0.638 EUR
Euro Canadian Dollar 1 EUR = 1.431 CAD 1 CAD = 0.699 EUR
Euro Swiss Franc 1 EUR = 1.663 CHF 1 CHF = 0.601 EUR
Japanese Yen Pound Sterling 1 JPY = 0.403 GBP 1 GBP = 2.482 JPY
Japanese Yen Australian Dollar 1 JPY = 0.942 AUD 1 AUD = 1.061 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.861 CAD 1 CAD = 1.162 JPY
Japanese Yen Swiss Franc 1 JPY = 1.000 CHF 1 CHF = 1.000 JPY
Pound Sterling Australian Dollar 1 GBP = 2.339 AUD 1 AUD = 0.428 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.136 CAD 1 CAD = 0.468 GBP
Pound Sterling Swiss Franc 1 GBP = 2.481 CHF 1 CHF = 0.403 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.913 CAD 1 CAD = 1.095 AUD
Australian Dollar Swiss Franc 1 AUD = 1.061 CHF 1 CHF = 0.943 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.161 CHF 1 CHF = 0.861 CAD

See what else happened on July 24, 2007