Financial news on June 28, 2007

Business and Financial news
2 Lawsuits Against Maker of Toy Trains

Two complaints demanded the RC2 Corporation provide medical monitoring to children who may have ingested lead paint from its products. Read more..

By BLOOMBERG NEWS - The New York Times

A New Genre on Wall St.: Bailout Blog

The blog of a Bear Stearns executive offers insights into the investment bank’s response to the near collapse of two hedge funds. Read more..

By JULIE CRESWELL - The New York Times

Earnings Up 4.2% at Bed Bath & Beyond

The home-furnishings retailer said first-quarter profit rose after customers bought less bedding and curtains as home sales slowed. Read more..

By BLOOMBERG NEWS - The New York Times

Food-Safety Crackdown in China

Chinese regulators closed 180 food plants after a nationwide inspection found thousands of violations of food safety rules. Read more..

By DAVID BARBOZA - The New York Times

Google v. Microsoft: What’s the Better Workplace?

Circulating online, the thoughts of an employee who’s worked at both places, comparing the offices, pay and perks. Read more..

By MIGUEL HELFT - The New York Times

Often-Asked iPhone Questions

David Pogue answers reader questions on the Apple iPhone. Read more..

By DAVID POGUE - The New York Times

Poland: Central Bank Raises Benchmark Interest Rate

Poland’s central bank unexpectedly raised its benchmark interest rate, for a second time this year, on concern that wage growth will force companies to increase prices. The Monetary Policy Council, which is led by the central bank, lifted the seve... Read more..

By BLOOMBERG NEWS - The New York Times

Second Company Bids for Canadian Newspapers

A chain of small newspapers that was once among Conrad M. Black’s Canadian holdings became the object of a bidding war. Read more..

By IAN AUSTEN - The New York Times

The Micro-Mini Startup

The rise of widgets is letting people build applications and companies with very little investment. Read more..

By SAUL HANSELL - The New York Times

Tina Brozman, 54, Former Judge and Bankruptcy Law Innovator, Dies

The former chief judge of the U.S. Bankruptcy Court for the Southern District of New York helped change international bankruptcy law. Read more..

By ANGEL JENNINGS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Cisco Systems CSCO 27.71 28.40 27.57 27.85 78M
Intel INTC 24.13 24.17 23.86 23.92 47.7M
Oracle Corp. ORCL 19.62 20.06 19.61 19.85 46.5M
Microsoft MSFT 29.86 29.97 29.68 29.83 46.1M
General Electric GE 38.15 38.38 37.78 38.12 34.1M
Pfizer PFE 25.53 25.83 25.50 25.63 33.9M
Apple AAPL 122.36 122.49 120.00 120.56 29.9M
AT&T Inc. T 40.18 41.50 40.07 40.74 27M
ExxonMobil XOM 83.81 84.39 83.18 83.60 20M
Home Depot HD 39.67 40.14 39.50 39.52 19.6M
JPMorgan Chase JPM 49.25 49.48 48.56 48.96 14.4M
Comcast CMCSA 27.83 28.27 27.72 28.06 14.3M
Wal-Mart Stores WMT 48.33 48.50 48.17 48.21 13.6M
ConocoPhillips COP 77.54 77.99 76.53 76.74 13.1M
Merck MRK 50.59 51.10 50.28 50.48 12.8M
Walt Disney & Co. DIS 34.25 34.25 33.72 33.85 12M
Verizon Communications VZ 40.92 41.34 40.85 41.07 11.5M
HP Inc. HPQ 44.95 45.34 44.45 44.61 11.4M
Schlumberger SLB 87.42 87.83 85.23 85.55 9.78M
Amazon AMZN 68.46 70.23 68.15 68.89 9.78M
Abbott Laboratories ABT 53.97 54.00 53.53 53.72 9.64M
Johnson & Johnson JNJ 61.50 61.84 61.20 61.50 9.52M
Wells Fargo & Co. WFC 35.33 35.64 35.04 35.28 9.3M
Procter & Gamble PG 61.60 61.80 61.05 61.36 9.24M
Bristol-Myers Squibb BMY 32.15 32.25 31.61 31.63 9.14M
Chevron CVX 84.89 84.89 83.84 84.18 8.59M
Alphabet GOOGL 524.88 529.50 523.80 525.01 8.33M
Amgen AMGN 55.23 56.04 55.08 55.31 8.26M
Coca-Cola KO 52.32 52.92 52.22 52.63 8.06M
Altria MO 70.25 70.43 68.66 69.92 6.6M
UnitedHealth Group UNH 51.53 52.35 51.45 52.10 6.56M
Gilead Sciences GILD 39.85 39.99 39.48 39.59 6.01M
McDonald's MCD 51.36 51.47 50.79 50.85 5.5M
International Business Machines IBM 105.52 106.92 105.22 105.95 5.43M
Pepsico PEP 65.18 65.71 64.70 65.25 5.1M
Boeing BA 95.00 95.59 94.26 95.16 3.51M
United Technologies UTX 71.28 71.51 70.93 71.09 3.38M
3M MMM 87.00 87.27 86.49 86.85 2.34M
Union Pacific UNP 114.50 115.99 114.40 115.10 1.53M
Berkshire Hathaway BRK.B 3580.00 3607.00 3556.00 3592.00 8.1K
Exchange Rates of June 28, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 123.160 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.059 CAD 1 CAD = 0.944 USD
US Dollar Swiss Franc 1 USD = 1.231 CHF 1 CHF = 0.812 USD
US Dollar Chinese Yuan 1 USD = 7.615 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 165.660 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.671 GBP 1 GBP = 1.489 EUR
Euro Australian Dollar 1 EUR = 1.589 AUD 1 AUD = 0.629 EUR
Euro Canadian Dollar 1 EUR = 1.424 CAD 1 CAD = 0.702 EUR
Euro Swiss Franc 1 EUR = 1.656 CHF 1 CHF = 0.604 EUR
Japanese Yen Pound Sterling 1 JPY = 0.405 GBP 1 GBP = 2.469 JPY
Japanese Yen Australian Dollar 1 JPY = 0.959 AUD 1 AUD = 1.043 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.859 CAD 1 CAD = 1.164 JPY
Japanese Yen Swiss Franc 1 JPY = 0.999 CHF 1 CHF = 1.001 JPY
Pound Sterling Australian Dollar 1 GBP = 2.367 AUD 1 AUD = 0.423 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.121 CAD 1 CAD = 0.471 GBP
Pound Sterling Swiss Franc 1 GBP = 2.465 CHF 1 CHF = 0.406 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.896 CAD 1 CAD = 1.117 AUD
Australian Dollar Swiss Franc 1 AUD = 1.041 CHF 1 CHF = 0.960 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.162 CHF 1 CHF = 0.860 CAD

See what else happened on June 28, 2007