Financial news on June 29, 2007
Business and Financial news
Private equity markets in Europe have faced the same issue of private equity taxation with fiery debate and quiet lobbying. Read more..
Apple and AT&T defended a decision not to use a faster but more limited network for the phone’s wireless Internet connection. Read more..
Rodrigo de Rato will quit his post in October, two years before his term ends, citing “personal reasons.” Read more..
Reporters are protesting the expected sale of the newspaper’s parent, Dow Jones & Company, to Rupert Murdoch’s News Corporation, and the fact that they do not have a contract. Read more..
Customers eager to buy the cellphone had waited in long lines in front of Apple stores in New York and other cities. Read more..
Wowed by the iPhone? Then buy Google, not Apple, argues a Wall Street analyst. Read more..
The drugstore chain said that quarterly profit more than doubled, helped by lower costs for store closings and labor. Read more..
James E. Cayne, Bear Stearns’ chief, has seen the firm’s carefully honed reputation suffer from the near collapse of two hedge funds. Read more..
By noon today outside the Apple Store at a pleasant outdoor mall in Corte Madera, 20 minutes north of San Francisco, a touch of line rage had already set in. When five big young guys sauntered up to the line where 90 of us had already been standing — some since 6 a.m. yesterday morning […] Read more..
Economists argue over the impact of minimum-price retail agreements. We want to know: will prices still be deep discounted? Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 29.87 | 29.93 | 29.04 | 29.47 | 71.2M |
Intel | INTC | 23.96 | 24.22 | 23.55 | 23.74 | 50.6M |
Cisco Systems | CSCO | 27.98 | 28.06 | 27.65 | 27.85 | 45M |
General Electric | GE | 38.23 | 38.70 | 38.00 | 38.28 | 44.7M |
Pfizer | PFE | 25.77 | 25.78 | 25.36 | 25.57 | 44.3M |
Apple | AAPL | 121.97 | 124.00 | 121.09 | 122.04 | 40.6M |
AT&T Inc. | T | 40.95 | 41.54 | 40.84 | 41.50 | 37.6M |
Oracle Corp. | ORCL | 19.95 | 20.02 | 19.54 | 19.71 | 31.5M |
ExxonMobil | XOM | 84.15 | 84.99 | 83.06 | 83.88 | 24.7M |
JPMorgan Chase | JPM | 49.23 | 49.30 | 48.10 | 48.45 | 21.8M |
Comcast | CMCSA | 28.18 | 28.47 | 27.89 | 28.12 | 14.9M |
Wells Fargo & Co. | WFC | 35.50 | 36.15 | 34.95 | 35.17 | 14.6M |
ConocoPhillips | COP | 77.98 | 78.53 | 77.43 | 78.50 | 14.6M |
Merck | MRK | 50.95 | 50.95 | 49.47 | 49.80 | 14.4M |
Wal-Mart Stores | WMT | 48.50 | 48.65 | 47.87 | 48.11 | 14.1M |
HP Inc. | HPQ | 44.80 | 45.42 | 44.26 | 44.62 | 13.9M |
Home Depot | HD | 39.54 | 39.96 | 39.12 | 39.35 | 13.7M |
Verizon Communications | VZ | 41.15 | 41.53 | 40.85 | 41.17 | 12.5M |
Johnson & Johnson | JNJ | 61.58 | 61.94 | 61.21 | 61.62 | 12M |
Bristol-Myers Squibb | BMY | 31.90 | 31.90 | 31.26 | 31.56 | 12M |
Walt Disney & Co. | DIS | 33.89 | 34.46 | 33.71 | 34.14 | 12M |
Procter & Gamble | PG | 61.45 | 61.70 | 60.76 | 61.19 | 12M |
Schlumberger | SLB | 85.97 | 87.31 | 84.41 | 84.94 | 11.8M |
Abbott Laboratories | ABT | 53.69 | 55.12 | 53.25 | 53.55 | 11.3M |
Chevron | CVX | 84.79 | 85.19 | 83.52 | 84.24 | 10.7M |
UnitedHealth Group | UNH | 52.50 | 53.00 | 50.70 | 51.14 | 10.1M |
Amgen | AMGN | 55.71 | 55.79 | 54.82 | 55.29 | 9.6M |
Altria | MO | 70.01 | 70.53 | 69.58 | 70.14 | 9.57M |
Coca-Cola | KO | 52.84 | 52.95 | 51.95 | 52.31 | 9.51M |
Alphabet | GOOGL | 526.02 | 527.40 | 519.46 | 522.70 | 7.75M |
International Business Machines | IBM | 105.96 | 106.58 | 104.10 | 105.25 | 7.02M |
Pepsico | PEP | 65.31 | 65.61 | 64.36 | 64.85 | 6.92M |
McDonald's | MCD | 51.22 | 51.37 | 50.47 | 50.76 | 6.57M |
Gilead Sciences | GILD | 39.60 | 39.74 | 38.38 | 38.80 | 6.54M |
Boeing | BA | 95.36 | 96.34 | 95.25 | 96.16 | 5.79M |
Amazon | AMZN | 69.03 | 69.19 | 68.15 | 68.41 | 5.32M |
United Technologies | UTX | 71.58 | 71.71 | 70.50 | 70.93 | 4.03M |
3M | MMM | 87.10 | 87.86 | 86.22 | 86.79 | 3.32M |
Union Pacific | UNP | 115.72 | 116.79 | 114.38 | 115.15 | 1.51M |
Berkshire Hathaway | BRK.B | 3582.00 | 3605.00 | 3582.00 | 3605.00 | 9.7K |
Exchange Rates of June 29, 2007
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 123.160 JPY | 1 JPY = 0.008 USD |
US Dollar | Canadian Dollar | 1 USD = 1.065 CAD | 1 CAD = 0.939 USD |
US Dollar | Swiss Franc | 1 USD = 1.221 CHF | 1 CHF = 0.819 USD |
US Dollar | Chinese Yuan | 1 USD = 7.614 CNY | 1 CNY = 0.131 USD |
Euro | Japanese Yen | 1 EUR = 166.800 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.674 GBP | 1 GBP = 1.484 EUR |
Euro | Australian Dollar | 1 EUR = 1.594 AUD | 1 AUD = 0.627 EUR |
Euro | Canadian Dollar | 1 EUR = 1.442 CAD | 1 CAD = 0.693 EUR |
Euro | Swiss Franc | 1 EUR = 1.654 CHF | 1 CHF = 0.605 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.404 GBP | 1 GBP = 2.476 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 0.955 AUD | 1 AUD = 1.047 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.864 CAD | 1 CAD = 1.157 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.991 CHF | 1 CHF = 1.009 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.365 AUD | 1 AUD = 0.423 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.140 CAD | 1 CAD = 0.467 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.453 CHF | 1 CHF = 0.408 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.904 CAD | 1 CAD = 1.106 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 1.037 CHF | 1 CHF = 0.964 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.146 CHF | 1 CHF = 0.872 CAD |
See what else happened on June 29, 2007