Financial news on April 25, 2008
Business and Financial news
After taking criticism from activist groups over the last few months, some Olympic sponsors are starting to criticize right back. Read more..
Aviation officials said some instances of planes that passed too close to each other in Dallas were the fault of air traffic control supervisors, who blamed pilots. Read more..
The drug maker AstraZeneca, the Bristol-Myers Squibb Company and Bayer reported declines in first-quarter profit on generic competition and costs from cutting jobs. Read more..
Buyers vanished from the housing market in March, as sales of new homes plummeted to the lowest level since the housing recession of the 1990s. Read more..
But the few homeowners in trouble in affluent Greenwich, Conn., are tapping into other resources that most people cannot call upon to help prevent the ultimate indignity. Read more..
After more than two years of bickering, Wendy’s International and Nelson W. Peltz have tied the knot for about $2.3 billion. Read more..
Canada’s decision to label as toxic a chemical that is used to make a popular form of plastic has created headaches for some bottle makers but it may prove a bonanza for others. Read more..
The charges are the first the Securities and Exchange Commission has brought against traders accused of being rumormongers and short sellers. Read more..
Progenics Pharmaceuticals and Wyeth have won federal approval for the first drug to treat constipation caused by powerful opioid painkillers like morphine. Read more..
The settlement ends a federal investigation into accusations that the bank allowed telemarketers to use its accounts to steal millions of dollars from unsuspecting victims. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.02 | 30.39 | 29.60 | 29.83 | 145M |
| Pfizer | PFE | 20.18 | 20.45 | 20.16 | 20.43 | 55M |
| Cisco Systems | CSCO | 26.10 | 26.13 | 25.10 | 25.60 | 53.4M |
| Intel | INTC | 22.61 | 22.64 | 22.06 | 22.56 | 47.6M |
| General Electric | GE | 33.03 | 33.39 | 32.81 | 33.33 | 41.5M |
| Apple | AAPL | 170.60 | 171.10 | 166.42 | 169.73 | 35.4M |
| Altria | MO | 21.80 | 21.90 | 21.20 | 21.70 | 30.2M |
| Oracle Corp. | ORCL | 21.96 | 21.98 | 21.25 | 21.59 | 28.7M |
| Wells Fargo & Co. | WFC | 30.06 | 30.80 | 29.56 | 30.59 | 25.8M |
| Visa | V | 76.00 | 76.08 | 73.91 | 75.10 | 25.4M |
| JPMorgan Chase | JPM | 47.29 | 47.87 | 46.54 | 47.79 | 24.3M |
| ExxonMobil | XOM | 93.21 | 93.40 | 91.71 | 92.46 | 23.4M |
| Home Depot | HD | 29.01 | 29.81 | 28.80 | 29.78 | 19.7M |
| Abbott Laboratories | ABT | 50.78 | 51.55 | 50.69 | 51.28 | 17.9M |
| Wal-Mart Stores | WMT | 57.93 | 58.04 | 57.14 | 57.65 | 17M |
| AT&T Inc. | T | 38.77 | 38.99 | 38.15 | 38.58 | 16.2M |
| Verizon Communications | VZ | 36.51 | 37.04 | 36.38 | 37.04 | 15.2M |
| ConocoPhillips | COP | 83.53 | 84.20 | 83.15 | 83.57 | 14.1M |
| Comcast | CMCSA | 19.77 | 19.90 | 19.28 | 19.53 | 14M |
| Merck | MRK | 40.08 | 40.94 | 40.00 | 40.72 | 13.8M |
| Procter & Gamble | PG | 67.27 | 67.27 | 66.17 | 66.55 | 13.7M |
| Chevron | CVX | 92.66 | 93.24 | 91.23 | 92.69 | 12.7M |
| HP Inc. | HPQ | 48.30 | 48.30 | 46.77 | 47.45 | 12.3M |
| Walt Disney & Co. | DIS | 32.04 | 32.45 | 31.95 | 32.36 | 11.9M |
| Amgen | AMGN | 42.29 | 42.43 | 41.55 | 42.25 | 11.6M |
| Bristol-Myers Squibb | BMY | 22.39 | 22.55 | 21.88 | 22.15 | 11.5M |
| UnitedHealth Group | UNH | 33.81 | 34.29 | 33.57 | 33.99 | 10.1M |
| Amazon | AMZN | 78.00 | 81.32 | 77.26 | 80.86 | 9.46M |
| Coca-Cola | KO | 60.25 | 60.50 | 58.96 | 59.33 | 9.4M |
| Johnson & Johnson | JNJ | 67.57 | 67.70 | 66.94 | 67.31 | 9.18M |
| Pepsico | PEP | 68.30 | 68.35 | 67.21 | 67.62 | 8.43M |
| Boeing | BA | 83.38 | 85.25 | 83.38 | 84.84 | 8.36M |
| Alphabet | GOOGL | 548.70 | 553.00 | 542.73 | 544.06 | 8.32M |
| McDonald's | MCD | 59.75 | 59.98 | 59.26 | 59.67 | 7.97M |
| Schlumberger | SLB | 102.65 | 103.59 | 100.52 | 102.74 | 6.96M |
| International Business Machines | IBM | 124.50 | 124.50 | 122.06 | 123.08 | 6.31M |
| Gilead Sciences | GILD | 51.22 | 52.48 | 51.20 | 51.40 | 5.82M |
| 3M | MMM | 78.85 | 78.87 | 76.46 | 77.82 | 5.55M |
| Union Pacific | UNP | 138.69 | 141.25 | 135.22 | 140.59 | 3.78M |
| United Technologies | UTX | 73.00 | 73.11 | 72.09 | 72.68 | 3.4M |
| Berkshire Hathaway | BRK.B | 4225.00 | 4238.00 | 4220.00 | 4230.00 | 15.4K |
Exchange Rates of April 25, 2008
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 104.410 JPY | 1 JPY = 0.010 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.014 CAD | 1 CAD = 0.986 USD |
| US Dollar | Swiss Franc | 1 USD = 1.034 CHF | 1 CHF = 0.967 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.010 CNY | 1 CNY = 0.143 USD |
| Euro | Japanese Yen | 1 EUR = 163.210 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.787 GBP | 1 GBP = 1.271 EUR |
| Euro | Australian Dollar | 1 EUR = 1.674 AUD | 1 AUD = 0.597 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.584 CAD | 1 CAD = 0.631 EUR |
| Euro | Swiss Franc | 1 EUR = 1.616 CHF | 1 CHF = 0.619 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.482 GBP | 1 GBP = 2.075 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.025 AUD | 1 AUD = 0.976 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.970 CAD | 1 CAD = 1.031 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 0.990 CHF | 1 CHF = 1.010 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.127 AUD | 1 AUD = 0.470 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.013 CAD | 1 CAD = 0.497 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.053 CHF | 1 CHF = 0.487 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.946 CAD | 1 CAD = 1.057 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.965 CHF | 1 CHF = 1.037 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.020 CHF | 1 CHF = 0.981 CAD |
See what else happened on April 25, 2008