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

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 34.85 35.29 34.45 34.57 115M
Intel INTC 26.02 26.35 26.00 26.26 53.3M
Comcast CMCSA 21.13 21.22 20.72 20.92 39.7M
Pfizer PFE 24.29 24.57 24.22 24.51 35.3M
Cisco Systems CSCO 32.08 32.49 32.00 32.41 34.9M
Oracle Corp. ORCL 21.49 21.82 21.30 21.77 29.4M
General Electric GE 40.47 40.68 40.32 40.56 26.7M
Apple AAPL 185.70 186.59 184.70 185.09 19.3M
JPMorgan Chase JPM 47.39 47.50 46.51 46.67 18.9M
AT&T Inc. T 41.69 41.98 41.33 41.74 18.3M
ExxonMobil XOM 92.36 94.27 92.29 93.61 18.2M
Verizon Communications VZ 45.80 46.10 45.64 45.99 17.3M
Home Depot HD 31.55 31.85 31.26 31.40 16M
Wal-Mart Stores WMT 44.72 45.14 44.62 45.01 13.7M
Wells Fargo & Co. WFC 34.70 34.78 34.09 34.13 13.6M
Merck MRK 57.66 58.17 57.31 57.77 13.2M
Johnson & Johnson JNJ 64.45 65.46 64.30 64.98 12.8M
HP Inc. HPQ 52.36 52.47 51.55 51.77 12.1M
Bristol-Myers Squibb BMY 29.76 30.05 29.65 29.73 11.9M
Procter & Gamble PG 71.95 72.19 71.60 71.83 11.5M
Chevron CVX 91.86 93.57 91.60 92.88 9.25M
Amgen AMGN 56.80 57.34 55.86 56.79 9.18M
Boeing BA 95.78 97.60 95.24 96.99 8.93M
ConocoPhillips COP 85.01 85.12 84.48 84.63 8.81M
Coca-Cola KO 61.50 62.03 61.29 61.84 8.48M
Abbott Laboratories ABT 54.13 54.57 54.13 54.45 8.15M
Walt Disney & Co. DIS 34.49 34.81 34.20 34.68 7.16M
Amazon AMZN 90.41 91.47 89.48 90.10 7.1M
Gilead Sciences GILD 46.46 46.62 45.73 45.96 6.95M
McDonald's MCD 58.42 59.53 58.42 59.18 6.29M
Altria MO 73.27 73.50 72.78 72.97 6.17M
Alphabet GOOGL 677.77 680.00 672.09 679.23 6.13M
Pepsico PEP 72.49 73.87 72.17 73.70 5.96M
Schlumberger SLB 100.32 101.45 99.08 99.79 5.79M
International Business Machines IBM 113.90 115.01 113.85 114.80 5.1M
UnitedHealth Group UNH 48.23 48.49 47.80 47.95 4.79M
3M MMM 86.44 86.54 85.26 85.97 3.65M
United Technologies UTX 75.67 76.04 75.21 75.78 2.99M
Union Pacific UNP 128.57 129.06 127.27 127.48 2.63M
Berkshire Hathaway BRK.B 4256.00 4282.00 4243.00 4273.00 12K
Exchange Rates of October 29, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 114.620 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.953 CAD 1 CAD = 1.050 USD
US Dollar Swiss Franc 1 USD = 1.165 CHF 1 CHF = 0.859 USD
US Dollar Chinese Yuan 1 USD = 7.475 CNY 1 CNY = 0.134 USD
Euro Japanese Yen 1 EUR = 165.330 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.699 GBP 1 GBP = 1.431 EUR
Euro Australian Dollar 1 EUR = 1.562 AUD 1 AUD = 0.640 EUR
Euro Canadian Dollar 1 EUR = 1.374 CAD 1 CAD = 0.728 EUR
Euro Swiss Franc 1 EUR = 1.680 CHF 1 CHF = 0.595 EUR
Japanese Yen Pound Sterling 1 JPY = 0.423 GBP 1 GBP = 2.366 JPY
Japanese Yen Australian Dollar 1 JPY = 0.945 AUD 1 AUD = 1.059 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.831 CAD 1 CAD = 1.204 JPY
Japanese Yen Swiss Franc 1 JPY = 1.016 CHF 1 CHF = 0.985 JPY
Pound Sterling Australian Dollar 1 GBP = 2.235 AUD 1 AUD = 0.447 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.966 CAD 1 CAD = 0.509 GBP
Pound Sterling Swiss Franc 1 GBP = 2.402 CHF 1 CHF = 0.416 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.879 CAD 1 CAD = 1.138 AUD
Australian Dollar Swiss Franc 1 AUD = 1.074 CHF 1 CHF = 0.931 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.222 CHF 1 CHF = 0.818 CAD

See what else happened on October 29, 2007