Financial news on September 26th, 2007
Business and Financial news
A group representing some of the world’s leading banks will urge the U.S. to introduce a lightly regulated system for trading carbon emissions permits. Read more..
Satellite television provider EchoStar Communications has agreed to acquire Sling Media in a deal that values the maker of the Slingbox device at $380 million. Read more..
A Senate panel will look at Google’s proposed acquisition of DoubleClick on Thursday. After a lot of discussion about privacy, the consensus seems to be that the deal will be approved this fall. Read more..
Microsoft hopes that the new version of Halo, which is exclusive to the Xbox 360, will persuade more consumers to choose its game machine over others. Read more..
A trade pact between the United States and Peru won bipartisan support, signaling that some Democrats will be receptive to trade deals that adhere to certain labor and environmental standards. Read more..
Vijay Mallya, the chief executive of India’s fast-growing Kingfisher Airlines, has purchased a 50-percent stake in Epic Aircraft, a maker of small planes based in Oregon. Read more..
Pondering the meaning of a mysterious sign in Microsoft’s New York offices. Read more..
Microsoft is taking solid aim at a business that is arguably outside its core competence: advertising. Read more..
The annual sales rate fell to 5.50 million from 5.75 million in July, the steepest percentage decline since March. Read more..
The Environmental Protection Agency will evaluate a washing machine made by Samsung under pesticide rules because it generates and mixes silver ions into loads of laundry to kill bacteria and other microbes. Read more..
The provider of Internet phone service infringed on Sprint Nextel’s patents and should pay $69.5 million in damages, a federal jury ruled. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 25.98 | 26.36 | 25.80 | 25.91 | 68.6M |
| Cisco Systems | CSCO | 32.65 | 33.00 | 32.60 | 32.99 | 64.9M |
| Microsoft | MSFT | 29.68 | 29.85 | 29.48 | 29.50 | 60.3M |
| Apple | AAPL | 154.47 | 155.00 | 151.25 | 152.77 | 34.8M |
| Pfizer | PFE | 24.39 | 24.68 | 24.31 | 24.58 | 32.8M |
| Oracle Corp. | ORCL | 22.00 | 22.02 | 21.50 | 21.77 | 32.5M |
| General Electric | GE | 41.18 | 41.50 | 40.96 | 41.27 | 32M |
| Comcast | CMCSA | 24.26 | 24.49 | 24.15 | 24.33 | 25.7M |
| ExxonMobil | XOM | 92.43 | 92.75 | 91.51 | 92.37 | 23.3M |
| Wal-Mart Stores | WMT | 43.30 | 43.60 | 42.95 | 43.30 | 19.1M |
| AT&T Inc. | T | 42.77 | 42.95 | 42.71 | 42.83 | 19.1M |
| Home Depot | HD | 33.20 | 33.38 | 32.81 | 32.99 | 18.5M |
| JPMorgan Chase | JPM | 46.26 | 46.69 | 45.74 | 46.13 | 17.5M |
| Abbott Laboratories | ABT | 54.25 | 54.67 | 53.54 | 54.00 | 15.7M |
| Wells Fargo & Co. | WFC | 36.20 | 36.25 | 35.65 | 35.85 | 14.5M |
| HP Inc. | HPQ | 50.99 | 51.09 | 50.46 | 50.62 | 13.8M |
| ConocoPhillips | COP | 87.95 | 88.31 | 86.21 | 87.30 | 13.3M |
| Johnson & Johnson | JNJ | 65.02 | 65.63 | 64.86 | 65.39 | 12.5M |
| Chevron | CVX | 93.18 | 93.32 | 91.47 | 92.51 | 11.8M |
| Schlumberger | SLB | 104.94 | 105.47 | 100.73 | 103.00 | 10.7M |
| Merck | MRK | 52.48 | 52.83 | 52.26 | 52.60 | 10.6M |
| Procter & Gamble | PG | 69.91 | 70.73 | 69.66 | 70.51 | 10.5M |
| Amgen | AMGN | 55.12 | 56.77 | 55.08 | 56.08 | 10.3M |
| Verizon Communications | VZ | 44.33 | 44.55 | 44.26 | 44.48 | 10M |
| Walt Disney & Co. | DIS | 34.27 | 34.58 | 34.19 | 34.52 | 8.42M |
| UnitedHealth Group | UNH | 49.52 | 49.54 | 49.13 | 49.31 | 8.04M |
| Bristol-Myers Squibb | BMY | 28.62 | 29.05 | 28.50 | 28.89 | 7.79M |
| Altria | MO | 68.29 | 68.98 | 67.96 | 68.60 | 7.78M |
| McDonald's | MCD | 54.35 | 54.92 | 54.20 | 54.80 | 7.71M |
| Coca-Cola | KO | 57.17 | 57.68 | 56.91 | 57.35 | 7.39M |
| International Business Machines | IBM | 116.94 | 118.08 | 116.75 | 117.30 | 6.7M |
| Alphabet | GOOGL | 570.40 | 571.79 | 563.81 | 568.16 | 6.69M |
| Pepsico | PEP | 71.37 | 72.54 | 71.33 | 72.23 | 6.43M |
| Gilead Sciences | GILD | 41.01 | 41.37 | 40.46 | 40.80 | 6.4M |
| Amazon | AMZN | 94.04 | 94.26 | 92.29 | 93.43 | 5.77M |
| Boeing | BA | 105.30 | 105.98 | 103.25 | 104.45 | 5.04M |
| United Technologies | UTX | 79.91 | 80.75 | 79.61 | 80.20 | 4.65M |
| Union Pacific | UNP | 111.80 | 113.18 | 111.31 | 112.36 | 4.28M |
| 3M | MMM | 92.17 | 92.94 | 91.77 | 92.54 | 3.41M |
| Berkshire Hathaway | BRK.B | 3891.00 | 3910.00 | 3881.00 | 3899.00 | 18.5K |
Exchange Rates of September 26th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 115.450 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.004 CAD | 1 CAD = 0.996 USD |
| US Dollar | Swiss Franc | 1 USD = 1.170 CHF | 1 CHF = 0.855 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.515 CNY | 1 CNY = 0.133 USD |
| Euro | Japanese Yen | 1 EUR = 163.160 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.701 GBP | 1 GBP = 1.427 EUR |
| Euro | Australian Dollar | 1 EUR = 1.611 AUD | 1 AUD = 0.621 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.419 CAD | 1 CAD = 0.705 EUR |
| Euro | Swiss Franc | 1 EUR = 1.653 CHF | 1 CHF = 0.605 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.429 GBP | 1 GBP = 2.329 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.987 AUD | 1 AUD = 1.013 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.869 CAD | 1 CAD = 1.150 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.013 CHF | 1 CHF = 0.987 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.299 AUD | 1 AUD = 0.435 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.024 CAD | 1 CAD = 0.494 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.357 CHF | 1 CHF = 0.424 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.880 CAD | 1 CAD = 1.136 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.025 CHF | 1 CHF = 0.976 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.165 CHF | 1 CHF = 0.859 CAD |
See what else happened on September 26th, 2007