Financial news on June 27, 2007
Business and Financial news
ConocoPhillips and Exxon Mobil refused to meet Venezuela’s deadline for ceding control of major oil ventures, a move that could mean the loss of billions in investments. Read more..
Bid for Tweeters Read more..
The Manulife Financial Corporation, a Canadian life insurance company, said it would buy the Berkshire-TWC Financial Group’s mutual fund and securities dealerships to bolster its Canadian wealth management business. Manulife said the deal wo... Read more..
Rituals like camping out for the first iPhone — and reading about it — are a reminder that at least some things in this crazy world are still predictable. Read more..
The British bank bidding for ABN Amro, won an endorsement from a Dutch Supreme Court adviser that could help decide in its favor the next step in the banking takeover battle. Read more..
The Coca-Cola Company will buy a 34 percent stake in the Tokyo Coca-Cola Bottling Company to increase sales in Japan after volume declined last year. The Japanese subsidiary of Coca-Cola will buy new shares of the closely held Tokyo-based bottler,... Read more..
The jury expected to begin poring over 100 pages of jury instructions starting Wednesday. Read more..
The pioneering San Francisco-based Kimpton Hotel and Restaurant Group, which worked its way eastward, is looking west again — this time to Hell’s Kitchen. Read more..
The association offers recommendations — and reservations — about the use of implanted RFID tags for patients’ medical records. Read more..
Search engines have shortcuts to all kinds of information, like stock quotes and gasoline prices, even song lyrics. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Oracle Corp. | ORCL | 19.32 | 19.77 | 19.27 | 19.69 | 76.1M |
| Microsoft | MSFT | 29.36 | 29.95 | 29.36 | 29.87 | 53.5M |
| Intel | INTC | 23.29 | 23.85 | 23.28 | 23.79 | 50.8M |
| General Electric | GE | 37.82 | 38.09 | 37.64 | 38.06 | 41.4M |
| Cisco Systems | CSCO | 26.95 | 27.30 | 26.85 | 27.27 | 38.4M |
| Apple | AAPL | 120.61 | 122.04 | 119.26 | 121.89 | 34.8M |
| Pfizer | PFE | 25.51 | 25.75 | 25.38 | 25.61 | 32.6M |
| ExxonMobil | XOM | 81.05 | 83.52 | 80.85 | 83.48 | 25.8M |
| AT&T Inc. | T | 39.05 | 40.08 | 39.00 | 39.98 | 22.6M |
| ConocoPhillips | COP | 74.87 | 77.50 | 74.54 | 77.26 | 20.1M |
| Altria | MO | 69.51 | 70.26 | 69.19 | 70.20 | 19.7M |
| Merck | MRK | 49.08 | 50.70 | 48.77 | 50.33 | 18.9M |
| Wal-Mart Stores | WMT | 47.83 | 48.49 | 47.76 | 48.46 | 17.9M |
| Comcast | CMCSA | 27.51 | 27.96 | 27.51 | 27.92 | 17.3M |
| JPMorgan Chase | JPM | 48.21 | 49.30 | 48.08 | 49.24 | 16.4M |
| Home Depot | HD | 38.92 | 39.80 | 38.81 | 39.76 | 15.5M |
| Johnson & Johnson | JNJ | 61.15 | 61.53 | 61.07 | 61.45 | 14.2M |
| Wells Fargo & Co. | WFC | 34.69 | 35.37 | 34.69 | 35.33 | 13.5M |
| Schlumberger | SLB | 85.67 | 87.36 | 85.06 | 86.97 | 13.2M |
| Verizon Communications | VZ | 40.73 | 40.99 | 40.55 | 40.92 | 12.7M |
| Alphabet | GOOGL | 525.00 | 527.99 | 519.56 | 526.29 | 12.2M |
| Amgen | AMGN | 54.83 | 55.56 | 54.62 | 55.50 | 12M |
| Abbott Laboratories | ABT | 53.68 | 54.04 | 53.40 | 53.97 | 11.6M |
| HP Inc. | HPQ | 44.56 | 45.29 | 44.55 | 45.19 | 11.4M |
| Procter & Gamble | PG | 61.15 | 61.44 | 60.91 | 61.43 | 10.5M |
| Chevron | CVX | 81.87 | 84.00 | 81.62 | 83.89 | 10.2M |
| Coca-Cola | KO | 51.75 | 52.52 | 51.75 | 52.44 | 9.09M |
| Bristol-Myers Squibb | BMY | 31.70 | 32.18 | 31.44 | 32.05 | 8.8M |
| Gilead Sciences | GILD | 38.84 | 39.86 | 38.60 | 39.80 | 8.55M |
| McDonald's | MCD | 51.55 | 51.66 | 51.19 | 51.34 | 8.44M |
| Amazon | AMZN | 66.96 | 68.21 | 66.71 | 68.14 | 8.24M |
| Walt Disney & Co. | DIS | 33.76 | 34.34 | 33.73 | 34.27 | 8.02M |
| International Business Machines | IBM | 104.40 | 105.47 | 104.40 | 105.43 | 5.4M |
| Pepsico | PEP | 64.57 | 65.54 | 64.25 | 65.17 | 5.19M |
| UnitedHealth Group | UNH | 51.20 | 51.76 | 51.05 | 51.75 | 4.84M |
| Boeing | BA | 94.31 | 94.90 | 93.58 | 94.65 | 4.49M |
| United Technologies | UTX | 70.24 | 71.56 | 70.13 | 71.50 | 3.91M |
| 3M | MMM | 85.82 | 87.23 | 85.77 | 87.13 | 3.26M |
| Union Pacific | UNP | 112.82 | 115.11 | 112.08 | 114.70 | 2.29M |
| Berkshire Hathaway | BRK.B | 3541.00 | 3560.00 | 3539.00 | 3560.00 | 6.2K |
Exchange Rates of June 27, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 122.830 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.070 CAD | 1 CAD = 0.934 USD |
| US Dollar | Swiss Franc | 1 USD = 1.229 CHF | 1 CHF = 0.814 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.618 CNY | 1 CNY = 0.131 USD |
| Euro | Japanese Yen | 1 EUR = 165.250 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.673 GBP | 1 GBP = 1.487 EUR |
| Euro | Australian Dollar | 1 EUR = 1.604 AUD | 1 AUD = 0.623 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.440 CAD | 1 CAD = 0.695 EUR |
| Euro | Swiss Franc | 1 EUR = 1.654 CHF | 1 CHF = 0.605 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.407 GBP | 1 GBP = 2.458 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 0.970 AUD | 1 AUD = 1.031 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.871 CAD | 1 CAD = 1.148 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.001 CHF | 1 CHF = 1.000 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.384 AUD | 1 AUD = 0.419 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.140 CAD | 1 CAD = 0.467 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.457 CHF | 1 CHF = 0.407 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.897 CAD | 1 CAD = 1.115 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 1.030 CHF | 1 CHF = 0.971 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.148 CHF | 1 CHF = 0.871 CAD |
See what else happened on June 27, 2007