Financial news on July 28, 2008
Business and Financial news
The plan would value Kohlberg Kravis Roberts, the storied private equity firm, at $12 billion to $15 billion. Read more..
Aviv Nevo took a modest inheritance and parlayed it into a fortune by investing in media and Internet companies. Read more..
A new study found that consumers are able to handle a greater number of product choices in stores if the products are categorized. Read more..
Defying the slump in the U.S construction industry, one maker of building materials is launching a campaign to promote its efforts at spreading sustainable construction. Read more..
Mr. Stokes was at the heart of the rise and fall of Britain’s automotive industry in the 1960s as chairman of the British Leyland Motor Corporation. Read more..
Is “nuked the fridge” the new “jumped the shark”? The phrase, inspired by a scene from the latest Indiana Jones film, is gaining traction online. Read more..
Indians are getting their first encounter with American rapper Snoop Dogg, who sings a rap song in a Sikh turban in “Singh is Kinng.” Read more..
Because there are usually lower fees, buying off exchanges tends to be cheaper -- though more labor-intensive -- than buying through networks. Read more..
There was a funeral the other day at the Manhattan offices of book publisher Hachette to mourn the passing of what it called a “dear friend” -- the cassette tape. Read more..
The Treasury’s schedule of financing this week includes the regular weekly auction of new three- and six-month bills and auctions of four-week bills and one-year bills. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Amgen | AMGN | 62.00 | 62.50 | 59.53 | 60.48 | 62.5M |
Microsoft | MSFT | 25.93 | 26.11 | 25.34 | 25.50 | 59.7M |
Intel | INTC | 21.86 | 22.00 | 21.61 | 21.67 | 49.9M |
General Electric | GE | 28.70 | 28.95 | 27.65 | 27.69 | 49.3M |
Wells Fargo & Co. | WFC | 29.00 | 29.67 | 27.80 | 27.93 | 46.6M |
Cisco Systems | CSCO | 22.32 | 22.81 | 21.94 | 21.98 | 43M |
JPMorgan Chase | JPM | 39.41 | 40.65 | 37.41 | 37.66 | 41.7M |
Pfizer | PFE | 18.87 | 18.91 | 18.34 | 18.36 | 35.8M |
Apple | AAPL | 162.18 | 162.47 | 154.02 | 154.40 | 27.9M |
AT&T Inc. | T | 31.49 | 31.50 | 30.60 | 30.63 | 27.6M |
ExxonMobil | XOM | 81.87 | 82.23 | 80.65 | 80.68 | 24M |
Verizon Communications | VZ | 34.07 | 34.33 | 33.35 | 33.60 | 21.6M |
Oracle Corp. | ORCL | 20.71 | 21.10 | 20.69 | 20.72 | 20.9M |
Comcast | CMCSA | 19.46 | 19.63 | 18.85 | 18.90 | 18.3M |
Wal-Mart Stores | WMT | 56.79 | 57.20 | 55.95 | 56.02 | 15.4M |
ConocoPhillips | COP | 83.08 | 83.34 | 81.41 | 82.25 | 14.5M |
Walt Disney & Co. | DIS | 31.33 | 31.33 | 30.46 | 30.50 | 13.7M |
Merck | MRK | 32.68 | 32.68 | 31.95 | 32.06 | 13.4M |
Abbott Laboratories | ABT | 57.18 | 57.18 | 56.07 | 56.21 | 12.8M |
Procter & Gamble | PG | 64.39 | 64.45 | 63.65 | 63.83 | 12.6M |
Home Depot | HD | 23.44 | 24.09 | 23.07 | 23.16 | 11.4M |
HP Inc. | HPQ | 43.47 | 43.83 | 42.69 | 43.00 | 11M |
Chevron | CVX | 82.86 | 83.47 | 82.13 | 82.49 | 11M |
Amazon | AMZN | 77.09 | 78.31 | 74.86 | 75.98 | 10.5M |
Johnson & Johnson | JNJ | 68.96 | 68.99 | 68.42 | 68.48 | 9.81M |
Gilead Sciences | GILD | 54.21 | 54.69 | 52.49 | 52.67 | 9.22M |
Bristol-Myers Squibb | BMY | 22.05 | 22.30 | 21.83 | 21.91 | 8.97M |
Visa | V | 72.41 | 73.60 | 70.25 | 70.55 | 8.92M |
UnitedHealth Group | UNH | 27.47 | 27.95 | 26.78 | 26.78 | 8.84M |
Altria | MO | 21.14 | 21.19 | 20.81 | 20.90 | 8.32M |
Schlumberger | SLB | 99.00 | 99.80 | 97.51 | 97.64 | 8.03M |
McDonald's | MCD | 58.70 | 59.08 | 57.70 | 57.79 | 7.27M |
Coca-Cola | KO | 52.00 | 52.06 | 51.11 | 51.15 | 7.02M |
Alphabet | GOOGL | 492.09 | 492.09 | 475.13 | 477.12 | 6.31M |
Boeing | BA | 63.82 | 64.06 | 62.26 | 62.34 | 6.25M |
International Business Machines | IBM | 127.69 | 128.44 | 126.13 | 126.25 | 6.1M |
3M | MMM | 70.87 | 70.99 | 69.39 | 69.63 | 4.83M |
United Technologies | UTX | 65.48 | 65.48 | 64.01 | 64.07 | 4.65M |
Pepsico | PEP | 67.21 | 67.30 | 66.29 | 66.71 | 4.5M |
Union Pacific | UNP | 78.09 | 78.92 | 76.54 | 76.58 | 3.95M |
Berkshire Hathaway | BRK.B | 3770.00 | 3775.00 | 3701.00 | 3730.00 | 22.5K |
Exchange Rates of July 28, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 107.490 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 1.022 CAD | 1 CAD = 0.978 USD |
US Dollar | Swiss Franc | 1 USD = 1.034 CHF | 1 CHF = 0.967 USD |
US Dollar | Chinese Yuan | 1 USD = 6.838 CNY | 1 CNY = 0.146 USD |
Euro | Japanese Yen | 1 EUR = 169.170 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.789 GBP | 1 GBP = 1.268 EUR |
Euro | Australian Dollar | 1 EUR = 1.644 AUD | 1 AUD = 0.608 EUR |
Euro | Canadian Dollar | 1 EUR = 1.608 CAD | 1 CAD = 0.622 EUR |
Euro | Swiss Franc | 1 EUR = 1.628 CHF | 1 CHF = 0.614 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.466 GBP | 1 GBP = 2.145 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 0.971 AUD | 1 AUD = 1.030 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.950 CAD | 1 CAD = 1.052 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.962 CHF | 1 CHF = 1.039 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.084 AUD | 1 AUD = 0.480 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.039 CAD | 1 CAD = 0.491 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.063 CHF | 1 CHF = 0.485 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.978 CAD | 1 CAD = 1.023 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.990 CHF | 1 CHF = 1.011 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.012 CHF | 1 CHF = 0.988 CAD |
See what else happened on July 28, 2008