Financial news on December 27, 2007

Business and Financial news
Bigger Stake in Pharmion

The investor Steven A. Cohen reported Wednesday that he had increased his stake in the Pharmion Corporation, a pharmaceutical company based in Boulder, Colo., to 7.1 percent, from 5.1 percent. Read more..

By DOW JONES - The New York Times

China Offers Production Guidelines for Seafood

The government said the standards would cover everything from breeding fish and seafood products to disease prevention and drug controls. Read more..

By DAVID BARBOZA - The New York Times

China to Levy Tariffs on Some Exported Steel Products

China said it would introduce export tariffs and increase rates on other items to rein in a record trade surplus and cut energy consumption and pollution. Read more..

By BLOOMBERG NEWS - The New York Times

Macro Photography, Microscopic Details

With an add-on or two, digital cameras make it easier to capture close-up shots. Read more..

By IAN AUSTEN - The New York Times

More NetSuite Sold

The software maker NetSuite and its investors sold an additional 930,000 shares. The stock, which had risen 49 percent since going public Dec. 20, fell back 6.6 percent. Read more..

By BLOOMBERG NEWS - The New York Times

Tip of the Week: Increasing the Speed of a Vista-Operated PC

If you have a spare U.S.B. flash drive you can use it to give your Windows Vista-operated PC an extra cache of memory to help increase speed. Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 28.16 28.38 27.68 27.79 46.6M
Pfizer PFE 23.10 23.28 22.90 22.92 36M
Oracle Corp. ORCL 23.05 23.31 22.91 23.04 34.1M
Microsoft MSFT 36.35 36.55 35.94 35.97 33.3M
Intel INTC 27.36 27.42 26.77 26.83 29.6M
Apple AAPL 198.95 202.96 197.80 198.57 28.4M
General Electric GE 37.44 37.54 37.11 37.19 23.4M
AT&T Inc. T 42.10 42.50 41.89 42.02 18.6M
Wells Fargo & Co. WFC 30.82 30.89 30.21 30.30 18M
Comcast CMCSA 18.58 18.83 18.41 18.43 17.1M
JPMorgan Chase JPM 44.52 44.70 43.51 43.64 16.5M
ExxonMobil XOM 94.94 94.98 93.67 93.67 14.4M
Home Depot HD 26.91 26.98 26.71 26.77 13.4M
Wal-Mart Stores WMT 48.00 48.30 47.62 47.77 10.8M
ConocoPhillips COP 88.92 89.30 88.44 88.65 10.6M
Bristol-Myers Squibb BMY 27.83 28.02 27.34 27.39 9.72M
Verizon Communications VZ 45.00 45.10 44.36 44.38 8.47M
Altria MO 77.60 77.77 76.16 76.23 8.33M
Chevron CVX 94.80 95.08 93.65 93.75 8.16M
HP Inc. HPQ 52.15 52.63 51.51 51.61 8.04M
Abbott Laboratories ABT 57.58 57.92 56.93 56.98 7.76M
Johnson & Johnson JNJ 67.45 67.98 67.01 67.33 7.62M
Amazon AMZN 92.67 95.29 92.50 94.25 7.11M
Merck MRK 59.10 59.20 58.46 58.57 7.06M
Procter & Gamble PG 73.91 74.26 73.62 73.89 6.9M
Walt Disney & Co. DIS 32.64 32.90 32.34 32.43 6.7M
Amgen AMGN 47.23 47.75 47.11 47.36 6.34M
Alphabet GOOGL 707.07 716.00 700.74 700.74 5.88M
Schlumberger SLB 98.55 99.00 97.26 97.35 5.14M
UnitedHealth Group UNH 58.20 59.44 58.20 58.36 4.67M
International Business Machines IBM 110.75 111.30 109.49 109.60 4.51M
McDonald's MCD 59.64 59.92 59.16 59.19 4.19M
Coca-Cola KO 62.96 63.20 62.21 62.30 3.86M
Pepsico PEP 77.24 77.86 76.59 76.70 3.43M
Boeing BA 89.99 89.99 88.33 88.88 2.89M
Gilead Sciences GILD 46.87 47.25 46.27 46.31 2.51M
United Technologies UTX 77.82 78.20 76.53 76.84 2.37M
3M MMM 85.65 86.50 85.28 85.40 2.28M
Union Pacific UNP 128.30 128.85 127.10 127.30 1.38M
Berkshire Hathaway BRK.B 4608.00 4609.00 4558.00 4573.00 12.6K
Exchange Rates of December 27, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 113.690 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.980 CAD 1 CAD = 1.020 USD
US Dollar Swiss Franc 1 USD = 1.139 CHF 1 CHF = 0.878 USD
US Dollar Chinese Yuan 1 USD = 7.318 CNY 1 CNY = 0.137 USD
Euro Japanese Yen 1 EUR = 166.310 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.733 GBP 1 GBP = 1.365 EUR
Euro Australian Dollar 1 EUR = 1.665 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.434 CAD 1 CAD = 0.697 EUR
Euro Swiss Franc 1 EUR = 1.666 CHF 1 CHF = 0.600 EUR
Japanese Yen Pound Sterling 1 JPY = 0.440 GBP 1 GBP = 2.271 JPY
Japanese Yen Australian Dollar 1 JPY = 1.001 AUD 1 AUD = 0.999 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.862 CAD 1 CAD = 1.160 JPY
Japanese Yen Swiss Franc 1 JPY = 1.001 CHF 1 CHF = 0.999 JPY
Pound Sterling Australian Dollar 1 GBP = 2.273 AUD 1 AUD = 0.440 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.957 CAD 1 CAD = 0.511 GBP
Pound Sterling Swiss Franc 1 GBP = 2.273 CHF 1 CHF = 0.440 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.861 CAD 1 CAD = 1.162 AUD
Australian Dollar Swiss Franc 1 AUD = 1.000 CHF 1 CHF = 1.000 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.161 CHF 1 CHF = 0.861 CAD

See what else happened on December 27, 2007