Financial news on November 28th, 2007
Business and Financial news
The area stretching north from Canal Street to about 34th Street is attracting a growing number of media, communications and entertainment companies with low rents and large spaces. Read more..
The nation’s second-largest mortgage lender said Tuesday that it would take a $1.4 billion fourth-quarter charge for losses it anticipated in connection with home loans. Read more..
The numbers on job churning compiled by the Bureau of Labor Statistics are based on a quarterly canvass of work sites across the country. Read more..
Dr. Cade mixed water, sugar, salt and cunning dashes of whatever to invent Gatorade, which is now guzzled daily by electrolyte-depleted athletes, post-operative patients and the simply thirsty. Read more..
A Portuguese oil company, Galp Energia, plans to announce that it is building a 6,500-barrel-a-day plant to make diesel fuel from vegetable oils using a method akin to refining oil. Read more..
Flush with petrodollars, oil-producing countries have begun a global shopping spree that could increase rapidly. Read more..
Porsche will not move to take over Volkswagen before Dec. 25, but its chief executive refused to say whether Volkswagen would remain an independent carmaker in 2008. Read more..
Striking screenwriters and Hollywood producers agreed to extend their renewed contract talks to a fourth day. Read more..
President Roh Moo-hyun of South Korea agreed to an independent investigation into a scandal that includes accusations that he may have accepted bribes from the Samsung Group. Read more..
Verizon Wireless plans to give customers more choice in what phones they can use on its network. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 33.38 | 33.89 | 32.90 | 33.70 | 88.6M |
| Cisco Systems | CSCO | 27.90 | 28.44 | 27.80 | 28.05 | 71.6M |
| Intel | INTC | 25.54 | 26.31 | 25.50 | 26.19 | 60.1M |
| Wells Fargo & Co. | WFC | 30.00 | 31.64 | 29.99 | 30.72 | 54.7M |
| General Electric | GE | 37.65 | 38.66 | 37.56 | 38.46 | 51.9M |
| Pfizer | PFE | 23.10 | 23.50 | 22.87 | 23.44 | 48.3M |
| AT&T Inc. | T | 37.48 | 37.66 | 37.07 | 37.50 | 41.4M |
| Apple | AAPL | 176.82 | 180.60 | 175.35 | 180.22 | 41.1M |
| Comcast | CMCSA | 19.75 | 20.04 | 19.64 | 19.97 | 34.1M |
| JPMorgan Chase | JPM | 42.73 | 44.13 | 42.56 | 43.96 | 32.2M |
| ExxonMobil | XOM | 86.87 | 88.27 | 86.01 | 87.92 | 29.6M |
| Wal-Mart Stores | WMT | 46.08 | 47.52 | 46.00 | 47.23 | 28.6M |
| Oracle Corp. | ORCL | 20.08 | 20.62 | 20.01 | 20.51 | 28.5M |
| Home Depot | HD | 27.30 | 28.49 | 27.07 | 28.27 | 24.3M |
| ConocoPhillips | COP | 76.36 | 78.08 | 76.10 | 77.72 | 21.1M |
| Merck | MRK | 59.26 | 60.01 | 58.83 | 59.96 | 19.4M |
| Bristol-Myers Squibb | BMY | 28.31 | 29.22 | 28.14 | 29.13 | 18.7M |
| HP Inc. | HPQ | 49.17 | 51.00 | 48.88 | 50.73 | 17M |
| Altria | MO | 73.51 | 74.19 | 73.51 | 74.09 | 16.3M |
| Alphabet | GOOGL | 682.11 | 694.30 | 672.14 | 692.26 | 15.8M |
| Johnson & Johnson | JNJ | 67.89 | 68.48 | 67.06 | 68.35 | 15.2M |
| Verizon Communications | VZ | 41.75 | 42.68 | 41.29 | 42.41 | 14M |
| Procter & Gamble | PG | 72.99 | 74.04 | 72.52 | 73.91 | 13.6M |
| Abbott Laboratories | ABT | 55.75 | 56.50 | 55.23 | 56.42 | 13.6M |
| Walt Disney & Co. | DIS | 31.89 | 32.96 | 31.67 | 32.69 | 12.8M |
| Coca-Cola | KO | 62.83 | 63.22 | 62.49 | 62.99 | 12.7M |
| Amazon | AMZN | 87.55 | 90.57 | 86.75 | 90.30 | 11.4M |
| McDonald's | MCD | 57.42 | 58.20 | 57.42 | 57.97 | 10.9M |
| Chevron | CVX | 84.68 | 86.51 | 84.08 | 86.06 | 10.9M |
| Amgen | AMGN | 53.46 | 54.76 | 53.13 | 54.71 | 9.52M |
| International Business Machines | IBM | 104.82 | 108.27 | 104.36 | 107.37 | 9.4M |
| Schlumberger | SLB | 89.70 | 91.39 | 89.50 | 90.63 | 9.29M |
| UnitedHealth Group | UNH | 54.59 | 54.80 | 53.66 | 54.72 | 8.77M |
| Gilead Sciences | GILD | 45.08 | 45.89 | 44.54 | 45.83 | 7.97M |
| Boeing | BA | 92.61 | 93.83 | 91.76 | 93.61 | 6.94M |
| Pepsico | PEP | 76.09 | 77.41 | 75.47 | 77.16 | 6.73M |
| United Technologies | UTX | 74.71 | 76.26 | 74.09 | 75.85 | 5.75M |
| 3M | MMM | 82.57 | 83.80 | 82.04 | 83.41 | 4.38M |
| Union Pacific | UNP | 125.10 | 127.40 | 125.00 | 126.89 | 2.85M |
| Berkshire Hathaway | BRK.B | 4574.00 | 4622.00 | 4574.00 | 4575.00 | 32K |
Exchange Rates of November 28th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 110.030 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 0.985 CAD | 1 CAD = 1.015 USD |
| US Dollar | Swiss Franc | 1 USD = 1.111 CHF | 1 CHF = 0.900 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.395 CNY | 1 CNY = 0.135 USD |
| Euro | Japanese Yen | 1 EUR = 163.300 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.713 GBP | 1 GBP = 1.404 EUR |
| Euro | Australian Dollar | 1 EUR = 1.668 AUD | 1 AUD = 0.600 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.462 CAD | 1 CAD = 0.684 EUR |
| Euro | Swiss Franc | 1 EUR = 1.649 CHF | 1 CHF = 0.607 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.436 GBP | 1 GBP = 2.293 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.021 AUD | 1 AUD = 0.980 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.895 CAD | 1 CAD = 1.117 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.009 CHF | 1 CHF = 0.991 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.341 AUD | 1 AUD = 0.427 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.052 CAD | 1 CAD = 0.487 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.313 CHF | 1 CHF = 0.432 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.876 CAD | 1 CAD = 1.142 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.988 CHF | 1 CHF = 1.012 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.127 CHF | 1 CHF = 0.887 CAD |
See what else happened on November 28th, 2007