Financial news on April 26, 2007

Business and Financial news
Apple Zooms Past Rivals, With 88% Profit Growth

The company surpassed even the most optimistic forecasts on strong sales of Macintosh computers and iPod music players. Read more..

By LAURIE J. FLYNN - The New York Times

Canada: Lights Out for Inefficient Bulbs

Canada will ban inefficient light bulbs within five years, the natural resources minister, Gary Lunn, said. The decision follows a similar move by Australia and by Canada’s most populous province, Ontario. Regulations for the ban, which will not b... Read more..

By IAN AUSTEN - The New York Times

In Comments About Apple Chief, Questions of Motive

A former Apple board member kept suspicions about Apple’s options-backdating policies swirling around Steven P. Jobs. Read more..


Is It Time for An Online Code of Conduct?

David Pogue discusses the growing concern over vicious and vulgar anonymous comments posted on blogs. Read more..

By DAVID POGUE - The New York Times

Run on Wall Street Sends Dow Above 13,000

The rally has defied skeptics who thought stocks were due for a harder slog as the economy slows. Read more..

By VIKAS BAJAJ - The New York Times

Singapore Makes a Pitch to Draw the Wealthy

Singapore is trying to carve out a new niche for itself in the global economy by bolstering banking secrecy laws and offering generous tax incentives. Read more..

By WAYNE ARNOLD - The New York Times

South Korea: Chip Maker Misses Expectations

Hynix Semiconductor, the maker of memory chips, reported a 45 percent increase in first-quarter profit, but the gain was less than some analysts expected after a glut drove down chip prices. Net income rose to 418 billion won ($451 million), from ... Read more..

By BLOOMBERG NEWS - The New York Times

Sun and I.B.M. to Offer New Class of High-End Servers

The companies plan to introduce specialized high-end server systems that provide fresh evidence of a new era in computing. Read more..

By JOHN MARKOFF - The New York Times

The Robot in Your Pool Doesn’t Need Sunscreen

Hot dogs? Check. Sun hat? Check. Robotic pool cleaner with built-in filter that takes about 90 minutes to pick up leaves, hair and sand? Check. Read more..

By JOHN BIGGS - The New York Times

Two Phones, One Calendar

Is there a way for two Treo 600 smartphones to synchronize with a single Microsoft Outlook profile? Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO26.8227.1626.5426.5550.9M
General ElectricGE35.4635.8535.4635.8446.2M
AT&T Inc.T39.3839.4638.7938.9626.4M
Bristol-Myers SquibbBMY28.7030.3128.3829.2317.2M
Oracle Corp.ORCL18.7719.0018.7618.9516.6M
Wells Fargo & Co.WFC35.5436.3635.5436.0715.1M
UnitedHealth GroupUNH53.3553.6252.1852.7114.5M
JPMorgan ChaseJPM52.7753.0052.5652.9414.4M
HP Inc.HPQ41.6642.2541.5442.0414.3M
Verizon CommunicationsVZ37.5538.0737.5537.9712.8M
Abbott LaboratoriesABT56.0057.6455.6756.9111.6M
Home DepotHD39.4539.5038.8938.9911.4M
Johnson & JohnsonJNJ64.4564.7064.1564.2410.5M
Wal-Mart StoresWMT48.6949.0648.5748.709.23M
Procter & GamblePG63.2663.4862.9262.999.17M
International Business MachinesIBM100.40101.50100.21100.908.61M
Walt Disney & Co.DIS35.1735.4734.9735.177.54M
United TechnologiesUTX67.8768.1867.5967.653.8M
Gilead SciencesGILD83.9384.2283.4483.983.55M
Union PacificUNP116.47116.49114.48114.771.68M
Berkshire HathawayBRK.B3625.003639.003620.003628.009.2K
Exchange Rates of April 26, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.580 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.122 CAD1 CAD = 0.892 USD
US DollarSwiss Franc1 USD = 1.209 CHF1 CHF = 0.827 USD
US DollarChinese Yuan1 USD = 7.726 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 162.660 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.464 EUR
EuroAustralian Dollar1 EUR = 1.645 AUD1 AUD = 0.608 EUR
EuroCanadian Dollar1 EUR = 1.525 CAD1 CAD = 0.656 EUR
EuroSwiss Franc1 EUR = 1.644 CHF1 CHF = 0.608 EUR
Japanese YenPound Sterling1 JPY = 0.420 GBP1 GBP = 2.383 JPY
Japanese YenAustralian Dollar1 JPY = 1.011 AUD1 AUD = 0.989 JPY
Japanese YenCanadian Dollar1 JPY = 0.937 CAD1 CAD = 1.067 JPY
Japanese YenSwiss Franc1 JPY = 1.011 CHF1 CHF = 0.990 JPY
Pound SterlingAustralian Dollar1 GBP = 2.410 AUD1 AUD = 0.415 GBP
Pound SterlingCanadian Dollar1 GBP = 2.233 CAD1 CAD = 0.448 GBP
Pound SterlingSwiss Franc1 GBP = 2.406 CHF1 CHF = 0.416 GBP
Australian DollarCanadian Dollar1 AUD = 0.926 CAD1 CAD = 1.080 AUD
Australian DollarSwiss Franc1 AUD = 0.998 CHF1 CHF = 1.002 AUD
Canadian DollarSwiss Franc1 CAD = 1.077 CHF1 CHF = 0.928 CAD

See what else happened on April 26, 2007