Financial news on April 27, 2007

Business and Financial news
ABN Amro Investors Push for Higher Bid

ABN Amro came under fire from shareholders for not considering a rival bid, and said it was soliciting higher bids for its American unit. Read more..

By JULIA WERDIGIER - The New York Times

EMI Hires Executive to Lead Its North American Business

EMI Group hired the longtime industry executive Roger Ames, a former chairman of Warner Music Group, to revive its North American operation. Read more..

By JEFF LEEDS - The New York Times

Exxon Mobil Earnings Rise 10 Percent

The oil company reported another surge on stronger earnings from its refining, marketing and chemicals businesses. Read more..

By CLIFFORD KRAUSS - The New York Times

Ford Cut Loss in 1st Quarter; U.S. Sales Fell

Ford executives said that a smaller loss in the first quarter was proof that their corporate overhaul was working. Read more..

By MICHELINE MAYNARD and NICK BUNKLEY - The New York Times

For Shareholders, a Ticket Into an $8 Billion Deal

The proposed buyout of Harman has an unusual feature, known as a stub, that lets shareholders keep a stake in newly private company. Read more..

By MICHAEL J. de la MERCED and JEREMY W. PETERS - The New York Times

Lifetime Gets Second Chief in 2 Years

The Lifetime Channel announced the appointment of a longtime ABC network executive, Andrea Wong. Read more..

By BILL CARTER - The New York Times

People

People. Read more..

By THE NEW YORK TIMES - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Siemens Struggles to Regain Equilibrium

With a bribery scandal widening and its two top executives leaving, the company struggled to maintain an air of normal operations. Read more..

By G. THOMAS SIMS - The New York Times

Why Won’t Companies Invest More?

The reality is that companies are quite happy spending their profits — and in many cases, much more — on buying back their stock. Read more..

By FLOYD NORRIS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT30.1730.7430.0030.12128M
General ElectricGE36.1137.2236.0236.8491.7M
AmazonAMZN61.2463.8460.6262.6050.7M
IntelINTC21.9222.0921.8221.8748.8M
Cisco SystemsCSCO26.5127.0526.4927.0345.2M
PfizerPFE26.6126.7526.4326.6127.4M
Oracle Corp.ORCL18.9619.2918.8819.1025.1M
AppleAAPL98.1899.9597.6999.9225M
ComcastCMCSA27.1527.2526.6126.9324.6M
AT&T Inc.T38.8339.1238.5238.6421.2M
ExxonMobilXOM80.0580.7579.8880.3616.5M
AmgenAMGN62.7863.3362.3263.2714.4M
JPMorgan ChaseJPM52.7252.8052.1452.5514.4M
Verizon CommunicationsVZ37.8138.1937.7137.8913.2M
ConocoPhillipsCOP69.8870.6169.4870.0411.6M
Home DepotHD38.9038.9938.4138.4711.3M
Abbott LaboratoriesABT56.8057.1556.1256.7611.2M
MerckMRK52.2652.3651.5451.8611.2M
HP Inc.HPQ42.0042.3841.9542.299.96M
Johnson & JohnsonJNJ64.0164.5363.8564.179.82M
Procter & GamblePG62.6763.2162.6162.989.74M
Wal-Mart StoresWMT48.5248.6948.3248.349.3M
Wells Fargo & Co.WFC35.9736.0835.8035.948.69M
ChevronCVX78.4278.5077.3478.088.12M
Bristol-Myers SquibbBMY29.1629.2729.0029.177.38M
SchlumbergerSLB76.5276.8274.6975.646.97M
Coca-ColaKO51.7652.1251.7552.066.96M
3MMMM79.9782.3079.7081.556.78M
UnitedHealth GroupUNH52.7253.2552.7253.156.33M
Walt Disney & Co.DIS35.0035.1334.7934.986.21M
AltriaMO69.5869.8169.3469.606.17M
International Business MachinesIBM100.30101.17100.06101.176.14M
Gilead SciencesGILD83.8984.0581.4181.866.06M
AlphabetGOOGL480.07482.40478.33479.015.85M
PepsicoPEP65.8566.5765.7866.294.52M
McDonald'sMCD48.8049.1048.7048.954.02M
BoeingBA94.2594.3593.2894.023.53M
United TechnologiesUTX67.3567.7767.1567.693.34M
Union PacificUNP114.35116.56113.74115.842.23M
Berkshire HathawayBRK.B3630.003636.003621.503629.505.6K
Exchange Rates of April 27, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.610 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.116 CAD1 CAD = 0.896 USD
US DollarSwiss Franc1 USD = 1.206 CHF1 CHF = 0.830 USD
US DollarChinese Yuan1 USD = 7.722 CNY1 CNY = 0.130 USD
EuroJapanese Yen1 EUR = 163.270 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.464 EUR
EuroAustralian Dollar1 EUR = 1.644 AUD1 AUD = 0.608 EUR
EuroCanadian Dollar1 EUR = 1.524 CAD1 CAD = 0.656 EUR
EuroSwiss Franc1 EUR = 1.646 CHF1 CHF = 0.608 EUR
Japanese YenPound Sterling1 JPY = 0.418 GBP1 GBP = 2.391 JPY
Japanese YenAustralian Dollar1 JPY = 1.007 AUD1 AUD = 0.993 JPY
Japanese YenCanadian Dollar1 JPY = 0.933 CAD1 CAD = 1.072 JPY
Japanese YenSwiss Franc1 JPY = 1.008 CHF1 CHF = 0.992 JPY
Pound SterlingAustralian Dollar1 GBP = 2.407 AUD1 AUD = 0.416 GBP
Pound SterlingCanadian Dollar1 GBP = 2.230 CAD1 CAD = 0.448 GBP
Pound SterlingSwiss Franc1 GBP = 2.408 CHF1 CHF = 0.415 GBP
Australian DollarCanadian Dollar1 AUD = 0.926 CAD1 CAD = 1.080 AUD
Australian DollarSwiss Franc1 AUD = 1.000 CHF1 CHF = 1.000 AUD
Canadian DollarSwiss Franc1 CAD = 1.080 CHF1 CHF = 0.926 CAD

See what else happened on April 27, 2007