Financial news on May 29, 2007

Business and Financial news
After Build-A-Bear, Build-A-Toy-Car

The founder of the Build-A-Bear Workshop is backing a new concept called Ridemakerz, a make-and-outfit your own toy car business. Read more..

By JOANNE KAUFMAN - The New York Times

Big Landlord Close to Deal for a REIT in New York

Tishman Speyer and Lehman Brothers are near a deal to buy Archstone-Smith Trust for more than $20 billion. Read more..

By ANDREW ROSS SORKIN and TERRY PRISTIN - The New York Times

Digital Fears Emerge After Data Siege in Estonia

The removal of a Soviet statue prompted cyberassaults that nearly shut down Estonia’s Internet infrastructure. Read more..

By MARK LANDLER and JOHN MARKOFF - The New York Times

Google Deal Said to Bring U.S. Scrutiny

The F.T.C. has opened an antitrust investigation into Google’s planned $3.1 billion purchase of DoubleClick. Read more..

By STEVE LOHR - The New York Times

In India, Grandma Cooks, They Deliver

Delivery men called dabbawallas transport home-cooked meals to workplaces all over Mumbai, with near-clockwork precision. Read more..

By SARITHA RAI - The New York Times

Kremlin Aim of Monopoly Threatens BP Gas Venture

Russia’s strategy to secure a monopoly for Gazprom on exports to Asia is threatening an important investment by BP. Read more..

By ANDREW E. KRAMER - The New York Times

Not a Noise You Want to Hear at 18,000 Feet

Pilots are worried about safety in an air travel system stretched tight, with airline work forces reduced. Read more..

By JOE SHARKEY - The New York Times

Telepresence TV

Thanks to new technology, videoconferencing is delivering on its promise as an alternative to traditional business travel. Read more..

By PAUL BURNHAM FINNEY - The New York Times

Thinking Differently About Cutting Costs

You think differently about positioning, customers and how you see the marketplace in general. Why not use the same think-differently approach to cutting costs? Read more..

By PAUL B. BROWN - The New York Times

Twenty Questions Even a Caveman Can Ask

It is time again to ask 20 questions about advertising, marketing, the media and popular culture. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC22.1722.4322.1222.3048.5M
MicrosoftMSFT30.4930.8330.3930.7942.4M
Cisco SystemsCSCO25.5926.0025.5525.9039.9M
General ElectricGE37.5837.6937.1437.4029.2M
Oracle Corp.ORCL19.2919.4919.1919.3127M
PfizerPFE27.5227.6127.4327.5626.5M
AppleAAPL114.45114.86112.69114.3523.1M
ExxonMobilXOM83.1683.2981.9182.6219.2M
Verizon CommunicationsVZ42.7043.2542.5843.2016.2M
Wal-Mart StoresWMT47.1347.5446.7646.9414.9M
AT&T Inc.T40.8040.9740.4340.4914.9M
HP Inc.HPQ45.5145.8645.2345.5614.2M
ConocoPhillipsCOP76.0576.2974.6775.3513.9M
ComcastCMCSA27.1727.2426.7927.0813.8M
Abbott LaboratoriesABT56.1756.8956.0856.6511.8M
AmazonAMZN68.4369.7867.7269.6311.7M
Walt Disney & Co.DIS35.9936.1435.4735.5911.6M
AlphabetGOOGL485.00491.80484.00487.1110.4M
Bristol-Myers SquibbBMY29.8630.1829.5030.1010.2M
Johnson & JohnsonJNJ63.2063.3662.7963.0510.1M
MerckMRK53.8254.0153.0053.409.95M
Procter & GamblePG62.9163.8162.9063.659.89M
Wells Fargo & Co.WFC36.1536.3036.0336.159.66M
JPMorgan ChaseJPM51.5251.9251.4551.829.55M
AltriaMO71.1471.4870.8071.349.12M
Home DepotHD38.3838.6838.3238.658.88M
Coca-ColaKO52.0352.3551.9152.188.36M
ChevronCVX80.9881.0080.0080.717.96M
AmgenAMGN54.7554.7554.2054.617.62M
SchlumbergerSLB78.5079.1777.4277.887.28M
McDonald'sMCD50.9250.9250.1450.616.44M
International Business MachinesIBM105.57106.63105.30105.915.42M
UnitedHealth GroupUNH54.4054.7954.4054.575.13M
PepsicoPEP68.6669.0068.3368.485M
BoeingBA98.5299.2097.9698.503.3M
3MMMM86.9587.7286.2587.313.29M
United TechnologiesUTX68.8269.2868.5668.993.28M
Gilead SciencesGILD81.4382.1081.0681.962.21M
Union PacificUNP118.16119.37117.85118.661.38M
Berkshire HathawayBRK.B3649.003649.003623.003634.008K
Exchange Rates of May 29, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 121.650 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.074 CAD1 CAD = 0.932 USD
US DollarSwiss Franc1 USD = 1.225 CHF1 CHF = 0.816 USD
US DollarChinese Yuan1 USD = 7.650 CNY1 CNY = 0.131 USD
EuroJapanese Yen1 EUR = 163.600 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.679 GBP1 GBP = 1.473 EUR
EuroAustralian Dollar1 EUR = 1.642 AUD1 AUD = 0.609 EUR
EuroCanadian Dollar1 EUR = 1.443 CAD1 CAD = 0.693 EUR
EuroSwiss Franc1 EUR = 1.648 CHF1 CHF = 0.607 EUR
Japanese YenPound Sterling1 JPY = 0.415 GBP1 GBP = 2.412 JPY
Japanese YenAustralian Dollar1 JPY = 1.003 AUD1 AUD = 0.997 JPY
Japanese YenCanadian Dollar1 JPY = 0.882 CAD1 CAD = 1.134 JPY
Japanese YenSwiss Franc1 JPY = 1.007 CHF1 CHF = 0.993 JPY
Pound SterlingAustralian Dollar1 GBP = 2.419 AUD1 AUD = 0.413 GBP
Pound SterlingCanadian Dollar1 GBP = 2.127 CAD1 CAD = 0.470 GBP
Pound SterlingSwiss Franc1 GBP = 2.427 CHF1 CHF = 0.412 GBP
Australian DollarCanadian Dollar1 AUD = 0.879 CAD1 CAD = 1.138 AUD
Australian DollarSwiss Franc1 AUD = 1.003 CHF1 CHF = 0.997 AUD
Canadian DollarSwiss Franc1 CAD = 1.141 CHF1 CHF = 0.876 CAD

See what else happened on May 29, 2007