Financial news on October 29, 2007

Business and Financial news
Ask Questions of Dalton Caldwell, C.E.O. of Imeem

Dalton Caldwell founded Imeem as a chat and file sharing software service at the end of 2003. Today it is a rapidly growing social networking Web site. Read more..

By SAUL HANSELL - The New York Times

Financial News Web Site Remains Unruffled by Murdoch’s Foray on Its Turf

After weathering the dot-com bubble and an attempt to sell the company, TheStreet.com’s slow success has recently jump-started efforts to expand its content and ambitions. Read more..

By MARIA ASPAN - The New York Times

Imeem Pioneers Free Music With Ads

Imeem, a music-oriented social network, now lets users listen to songs from three of the four major labels free. The fourth, Universal, is in talks to sign up for Imeem’s deal, which offers labels a share of its advertising revenue. Read more..

By SAUL HANSELL - The New York Times

Murdoch, a Folk Hero in Silicon

The lack of correctness and, occasionally, business civility that makes Rupert Murdoch a nonmember of the club of Eastern elites makes him something of a folk hero on the left coast. Read more..

By DAVID CARR - The New York Times

Riding With Robots 2.0

Junior, a Volkswagen Passat controlled by a trunk full of computers, can think about a route, choose the best alternative, and even “cheat” on the rules a bit. Read more..

By JOHN MARKOFF - The New York Times

Risk-Taker’s Reign at Merrill Ends With Swift Fall

E. Stanley O’Neal is expected to resign as early as Monday as chairman and chief executive of Merrill Lynch. Read more..

By LANDON THOMAS Jr. and JENNY ANDERSON - The New York Times

Whois May Be Whowas

A lack of agreement may end the whois database, which lists the owners of each Web domain. Read more..

By SAUL HANSELL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT34.8535.2934.4534.57115M
IntelINTC26.0226.3526.0026.2653.3M
ComcastCMCSA21.1321.2220.7220.9239.7M
PfizerPFE24.2924.5724.2224.5135.3M
Cisco SystemsCSCO32.0832.4932.0032.4134.9M
Oracle Corp.ORCL21.4921.8221.3021.7729.4M
General ElectricGE40.4740.6840.3240.5626.7M
AppleAAPL185.70186.59184.70185.0919.3M
JPMorgan ChaseJPM47.3947.5046.5146.6718.9M
AT&T Inc.T41.6941.9841.3341.7418.3M
ExxonMobilXOM92.3694.2792.2993.6118.2M
Verizon CommunicationsVZ45.8046.1045.6445.9917.3M
Home DepotHD31.5531.8531.2631.4016M
Wal-Mart StoresWMT44.7245.1444.6245.0113.7M
Wells Fargo & Co.WFC34.7034.7834.0934.1313.6M
MerckMRK57.6658.1757.3157.7713.2M
Johnson & JohnsonJNJ64.4565.4664.3064.9812.8M
HP Inc.HPQ52.3652.4751.5551.7712.1M
Bristol-Myers SquibbBMY29.7630.0529.6529.7311.9M
Procter & GamblePG71.9572.1971.6071.8311.5M
ChevronCVX91.8693.5791.6092.889.25M
AmgenAMGN56.8057.3455.8656.799.18M
BoeingBA95.7897.6095.2496.998.93M
ConocoPhillipsCOP85.0185.1284.4884.638.81M
Coca-ColaKO61.5062.0361.2961.848.48M
Abbott LaboratoriesABT54.1354.5754.1354.458.15M
Walt Disney & Co.DIS34.4934.8134.2034.687.16M
AmazonAMZN90.4191.4789.4890.107.1M
Gilead SciencesGILD46.4646.6245.7345.966.95M
McDonald'sMCD58.4259.5358.4259.186.29M
AltriaMO73.2773.5072.7872.976.17M
AlphabetGOOGL677.77680.00672.09679.236.13M
PepsicoPEP72.4973.8772.1773.705.96M
SchlumbergerSLB100.32101.4599.0899.795.79M
International Business MachinesIBM113.90115.01113.85114.805.1M
UnitedHealth GroupUNH48.2348.4947.8047.954.79M
3MMMM86.4486.5485.2685.973.65M
United TechnologiesUTX75.6776.0475.2175.782.99M
Union PacificUNP128.57129.06127.27127.482.63M
Berkshire HathawayBRK.B4256.004282.004243.004273.0012K
Exchange Rates of October 29, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.620 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 0.953 CAD1 CAD = 1.050 USD
US DollarSwiss Franc1 USD = 1.165 CHF1 CHF = 0.859 USD
US DollarChinese Yuan1 USD = 7.475 CNY1 CNY = 0.134 USD
EuroJapanese Yen1 EUR = 165.330 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.699 GBP1 GBP = 1.431 EUR
EuroAustralian Dollar1 EUR = 1.562 AUD1 AUD = 0.640 EUR
EuroCanadian Dollar1 EUR = 1.374 CAD1 CAD = 0.728 EUR
EuroSwiss Franc1 EUR = 1.680 CHF1 CHF = 0.595 EUR
Japanese YenPound Sterling1 JPY = 0.423 GBP1 GBP = 2.366 JPY
Japanese YenAustralian Dollar1 JPY = 0.945 AUD1 AUD = 1.059 JPY
Japanese YenCanadian Dollar1 JPY = 0.831 CAD1 CAD = 1.204 JPY
Japanese YenSwiss Franc1 JPY = 1.016 CHF1 CHF = 0.985 JPY
Pound SterlingAustralian Dollar1 GBP = 2.235 AUD1 AUD = 0.447 GBP
Pound SterlingCanadian Dollar1 GBP = 1.966 CAD1 CAD = 0.509 GBP
Pound SterlingSwiss Franc1 GBP = 2.402 CHF1 CHF = 0.416 GBP
Australian DollarCanadian Dollar1 AUD = 0.879 CAD1 CAD = 1.138 AUD
Australian DollarSwiss Franc1 AUD = 1.074 CHF1 CHF = 0.931 AUD
Canadian DollarSwiss Franc1 CAD = 1.222 CHF1 CHF = 0.818 CAD

See what else happened on October 29, 2007