Financial news on October 26, 2007

Business and Financial news
Blair’s Advance for Memoir Said to Be About $9 Million

The rights to publish Tony Blair’s memoir were bought by two divisions of Random House: Alfred A. Knopf in the U.S. and Canada and Hutchinson in Britain. Read more..

By MOTOKO RICH - The New York Times

Facebook’s Stock Options

Can Facebook lure the hottest talent with the prospective of becoming millionaires with stock options? Some people suggest the $15 billion valuation of the company will make it harder to get rich, really rich, there. Read more..

By MIGUEL HELFT - The New York Times

Hong Kong Exchange Sits Out the Dance, for Now

Hong Kong has made no secret that closer integration with the booming exchanges of Shanghai and Shenzhen are vital to its future as a financial center. Read more..

By DONALD GREENLEES - The New York Times

Merrill’s Chief Is Said to Consider a Bid to Merge

E. Stanley O’Neal reportedly floated the possibility of a merger to Wachovia without board approval. Read more..

By JENNY ANDERSON and LANDON THOMAS, Jr - The New York Times

Mexicans Miss Money From Relatives Up North

After years of strong increases, the amount of migrant money flowing to Mexico has stagnated. Read more..

By ELISABETH MALKIN - The New York Times

Oil Prices Continue to Rise

After topping off at $92.22 a barrel before the opening bell on bullish trading in the Asian and European markets, oil closed at $91.86 on the New York Mercantile Exchange. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Sony Profit Spikes on Sales of Consumer Electronics

Sharply higher quarterly profits are the latest sign that cost-cutting and the disposal of some units have set the electronics and entertainment giant firmly on the course to recovery. Read more..

By MARTIN FACKLER - The New York Times

Supply Worries Push Oil Above $90; Stocks End Flat

Oil prices, pushed up by a host of concerns including Middle East tensions and worries about supply, closed above $90 a barrel, contributing to an erratic day on Wall Street. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 36,01 36,03 34,56 35,03 288M
Comcast CMCSA 21,54 21,59 20,94 21,23 92.6M
Intel INTC 26,35 26,45 25,78 25,94 61.6M
Cisco Systems CSCO 31,81 32,10 31,31 31,90 42.2M
Oracle Corp. ORCL 21,32 21,35 20,99 21,35 31.4M
Pfizer PFE 24,31 24,32 24,12 24,31 27.6M
General Electric GE 40,35 40,50 39,96 40,38 25.7M
Apple AAPL 185,29 185,37 182,88 184,70 25.2M
ExxonMobil XOM 92,74 92,91 91,50 92,21 21M
AT&T Inc. T 41,31 41,51 40,73 41,46 20.2M
JPMorgan Chase JPM 46,96 47,45 45,93 47,32 18.9M
Wells Fargo & Co. WFC 34,49 34,64 33,70 34,55 18.4M
Wal-Mart Stores WMT 44,55 44,81 44,11 44,64 17M
Verizon Communications VZ 45,36 45,79 45,00 45,60 13.7M
Bristol-Myers Squibb BMY 29,69 30,03 29,51 29,75 13.5M
Home Depot HD 31,01 31,55 30,50 31,35 12.5M
ConocoPhillips COP 85,12 85,33 83,80 84,81 12M
HP Inc. HPQ 52,19 52,64 51,96 52,47 11.9M
Abbott Laboratories ABT 54,27 54,35 53,89 54,07 11.8M
Walt Disney & Co. DIS 34,62 34,72 33,94 34,38 11.5M
Merck MRK 57,07 57,85 57,00 57,58 11.3M
Johnson & Johnson JNJ 64,18 64,60 63,82 64,30 9.53M
Altria MO 72,54 73,25 71,92 72,97 9.36M
Procter & Gamble PG 71,60 71,76 71,12 71,75 9.32M
Gilead Sciences GILD 46,32 46,68 45,46 46,37 8.86M
Amazon AMZN 89,00 90,88 87,70 90,00 8.83M
Coca-Cola KO 61,34 61,59 60,88 61,57 8.09M
Schlumberger SLB 99,53 100,75 98,81 99,51 7.98M
Chevron CVX 91,86 92,30 91,10 91,65 7.48M
Amgen AMGN 57,44 58,09 56,57 57,18 7.46M
Alphabet GOOGL 674,03 676,54 668,06 674,60 6.7M
UnitedHealth Group UNH 48,62 48,78 47,00 47,99 6.13M
McDonald's MCD 58,13 58,56 57,60 58,47 5.83M
United Technologies UTX 76,11 76,32 74,94 75,44 5.77M
Boeing BA 96,25 96,55 95,05 96,02 5.19M
International Business Machines IBM 113,00 114,00 112,07 113,73 5.03M
Pepsico PEP 72,46 72,46 71,50 72,34 4.13M
3M MMM 86,48 86,48 85,59 86,13 2.86M
Union Pacific UNP 128,53 128,66 126,29 127,90 1.28M
Berkshire Hathaway BRK.B 4240,00 4391,50 4233,00 4233,00 15K
Exchange Rates of October 26, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 114,170 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 0,962 CAD 1 CAD = 1,040 USD
US Dollar Swiss Franc 1 USD = 1,164 CHF 1 CHF = 0,859 USD
US Dollar Chinese Yuan 1 USD = 7,488 CNY 1 CNY = 0,134 USD
Euro Japanese Yen 1 EUR = 164,330 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,701 GBP 1 GBP = 1,426 EUR
Euro Australian Dollar 1 EUR = 1,567 AUD 1 AUD = 0,638 EUR
Euro Canadian Dollar 1 EUR = 1,384 CAD 1 CAD = 0,722 EUR
Euro Swiss Franc 1 EUR = 1,676 CHF 1 CHF = 0,597 EUR
Japanese Yen Pound Sterling 1 JPY = 0,427 GBP 1 GBP = 2,345 JPY
Japanese Yen Australian Dollar 1 JPY = 0,953 AUD 1 AUD = 1,049 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,842 CAD 1 CAD = 1,188 JPY
Japanese Yen Swiss Franc 1 JPY = 1,019 CHF 1 CHF = 0,981 JPY
Pound Sterling Australian Dollar 1 GBP = 2,234 AUD 1 AUD = 0,448 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,974 CAD 1 CAD = 0,507 GBP
Pound Sterling Swiss Franc 1 GBP = 2,389 CHF 1 CHF = 0,419 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,883 CAD 1 CAD = 1,133 AUD
Australian Dollar Swiss Franc 1 AUD = 1,069 CHF 1 CHF = 0,936 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,210 CHF 1 CHF = 0,826 CAD

See what else happened on October 26, 2007