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

Stock Ticker symbol Open High Low Close Volume
Intel INTC 22.17 22.43 22.12 22.30 48.5M
Microsoft MSFT 30.49 30.83 30.39 30.79 42.4M
Cisco Systems CSCO 25.59 26.00 25.55 25.90 39.9M
General Electric GE 37.58 37.69 37.14 37.40 29.2M
Oracle Corp. ORCL 19.29 19.49 19.19 19.31 27M
Pfizer PFE 27.52 27.61 27.43 27.56 26.5M
Apple AAPL 114.45 114.86 112.69 114.35 23.1M
ExxonMobil XOM 83.16 83.29 81.91 82.62 19.2M
Verizon Communications VZ 42.70 43.25 42.58 43.20 16.2M
Wal-Mart Stores WMT 47.13 47.54 46.76 46.94 14.9M
AT&T Inc. T 40.80 40.97 40.43 40.49 14.9M
HP Inc. HPQ 45.51 45.86 45.23 45.56 14.2M
ConocoPhillips COP 76.05 76.29 74.67 75.35 13.9M
Comcast CMCSA 27.17 27.24 26.79 27.08 13.8M
Abbott Laboratories ABT 56.17 56.89 56.08 56.65 11.8M
Amazon AMZN 68.43 69.78 67.72 69.63 11.7M
Walt Disney & Co. DIS 35.99 36.14 35.47 35.59 11.6M
Alphabet GOOGL 485.00 491.80 484.00 487.11 10.4M
Bristol-Myers Squibb BMY 29.86 30.18 29.50 30.10 10.2M
Johnson & Johnson JNJ 63.20 63.36 62.79 63.05 10.1M
Merck MRK 53.82 54.01 53.00 53.40 9.95M
Procter & Gamble PG 62.91 63.81 62.90 63.65 9.89M
Wells Fargo & Co. WFC 36.15 36.30 36.03 36.15 9.66M
JPMorgan Chase JPM 51.52 51.92 51.45 51.82 9.55M
Altria MO 71.14 71.48 70.80 71.34 9.12M
Home Depot HD 38.38 38.68 38.32 38.65 8.88M
Coca-Cola KO 52.03 52.35 51.91 52.18 8.36M
Chevron CVX 80.98 81.00 80.00 80.71 7.96M
Amgen AMGN 54.75 54.75 54.20 54.61 7.62M
Schlumberger SLB 78.50 79.17 77.42 77.88 7.28M
McDonald's MCD 50.92 50.92 50.14 50.61 6.44M
International Business Machines IBM 105.57 106.63 105.30 105.91 5.42M
UnitedHealth Group UNH 54.40 54.79 54.40 54.57 5.13M
Pepsico PEP 68.66 69.00 68.33 68.48 5M
Boeing BA 98.52 99.20 97.96 98.50 3.3M
3M MMM 86.95 87.72 86.25 87.31 3.29M
United Technologies UTX 68.82 69.28 68.56 68.99 3.28M
Gilead Sciences GILD 81.43 82.10 81.06 81.96 2.21M
Union Pacific UNP 118.16 119.37 117.85 118.66 1.38M
Berkshire Hathaway BRK.B 3649.00 3649.00 3623.00 3634.00 8K
Exchange Rates of May 29, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 121.650 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.074 CAD 1 CAD = 0.932 USD
US Dollar Swiss Franc 1 USD = 1.225 CHF 1 CHF = 0.816 USD
US Dollar Chinese Yuan 1 USD = 7.650 CNY 1 CNY = 0.131 USD
Euro Japanese Yen 1 EUR = 163.600 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.473 EUR
Euro Australian Dollar 1 EUR = 1.642 AUD 1 AUD = 0.609 EUR
Euro Canadian Dollar 1 EUR = 1.443 CAD 1 CAD = 0.693 EUR
Euro Swiss Franc 1 EUR = 1.648 CHF 1 CHF = 0.607 EUR
Japanese Yen Pound Sterling 1 JPY = 0.415 GBP 1 GBP = 2.412 JPY
Japanese Yen Australian Dollar 1 JPY = 1.003 AUD 1 AUD = 0.997 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.882 CAD 1 CAD = 1.134 JPY
Japanese Yen Swiss Franc 1 JPY = 1.007 CHF 1 CHF = 0.993 JPY
Pound Sterling Australian Dollar 1 GBP = 2.419 AUD 1 AUD = 0.413 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.127 CAD 1 CAD = 0.470 GBP
Pound Sterling Swiss Franc 1 GBP = 2.427 CHF 1 CHF = 0.412 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.879 CAD 1 CAD = 1.138 AUD
Australian Dollar Swiss Franc 1 AUD = 1.003 CHF 1 CHF = 0.997 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.141 CHF 1 CHF = 0.876 CAD

See what else happened on May 29, 2007