Financial news on January 30th, 2007
Business and Financial news
A former executive at Computer Associates was sentenced Monday after pleading guilty to conspiracy charges in connection with a scheme to artificially bolster the company’s quarterly revenue. Read more..
Some outraged passengers have gotten together to demand federal legislation to hold the airlines more accountable for service disruptions. Read more..
Stephen L. Green has been providing interim financing to help the liberal network, which filed for bankruptcy protection in October, meet current costs. Read more..
Software vulnerabilities are bought and sold online, both by legitimate security companies and by thieves. Read more..
Citigroup agreed to buy Egg Banking, a British online bank, for $1.13 billion, the latest in a series of small deals to expand its retail presence abroad. Read more..
Dani Rodrik, a Harvard trade economist, has built a reputation for favoring eclectic solutions that mix government and the private sector in pragmatic ways. Read more..
Two leaders of the struggling North American newsprint industry, Abitibi Consolidated and Bowater, announced that they would merge through a stock-based transaction. Read more..
Japan’s factory output in December rose more than expected, to a record, fueled by higher overseas demand for automobiles and machinery. Industrial production climbed a seasonally adjusted 0.7 percent, the Ministry of Economy, Trade and Indu... Read more..
At the hotels where most business travelers stay, room service has not gotten the kind of attention that has been lavished on fancy spas — at least not yet. Read more..
Nothing gives your principles a workout like a business trip. Taking a stand for your beliefs isn’t easy when you’re outside of your comfort zone, but the rewards can be significant. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 30.57 | 30.64 | 30.14 | 30.48 | 61.9M |
| Intel | INTC | 21.09 | 21.13 | 20.82 | 20.93 | 61.7M |
| Cisco Systems | CSCO | 26.29 | 26.34 | 26.03 | 26.25 | 45M |
| General Electric | GE | 36.20 | 36.34 | 35.76 | 36.03 | 43.1M |
| Oracle Corp. | ORCL | 17.32 | 17.50 | 17.09 | 17.16 | 42.6M |
| Pfizer | PFE | 26.06 | 26.16 | 26.00 | 26.10 | 26.4M |
| ExxonMobil | XOM | 73.45 | 74.59 | 73.33 | 74.39 | 21.6M |
| Apple | AAPL | 86.43 | 86.49 | 85.25 | 85.55 | 20.6M |
| AT&T Inc. | T | 36.62 | 37.19 | 36.57 | 37.09 | 19.8M |
| Verizon Communications | VZ | 38.04 | 38.68 | 38.04 | 38.58 | 17M |
| Bristol-Myers Squibb | BMY | 27.50 | 28.07 | 27.50 | 28.03 | 16.4M |
| Wal-Mart Stores | WMT | 47.75 | 47.84 | 46.91 | 47.28 | 16.3M |
| 3M | MMM | 75.00 | 76.18 | 74.24 | 74.70 | 15.7M |
| ConocoPhillips | COP | 65.04 | 65.83 | 64.75 | 65.65 | 14.7M |
| HP Inc. | HPQ | 42.50 | 43.22 | 42.34 | 43.11 | 13.6M |
| Abbott Laboratories | ABT | 53.03 | 53.22 | 52.72 | 53.19 | 13.5M |
| Merck | MRK | 45.76 | 45.93 | 44.60 | 44.91 | 12.5M |
| JPMorgan Chase | JPM | 49.70 | 50.25 | 49.37 | 50.18 | 12.3M |
| Procter & Gamble | PG | 64.40 | 64.79 | 63.68 | 64.59 | 12M |
| Amgen | AMGN | 70.68 | 71.13 | 70.23 | 70.33 | 11.7M |
| Altria | MO | 88.15 | 88.50 | 87.50 | 87.54 | 11.1M |
| Wells Fargo & Co. | WFC | 36.09 | 36.11 | 35.81 | 35.90 | 9.69M |
| Schlumberger | SLB | 62.41 | 63.70 | 62.18 | 63.46 | 9.44M |
| Home Depot | HD | 40.11 | 40.38 | 40.01 | 40.17 | 8.67M |
| Alphabet | GOOGL | 494.00 | 498.00 | 491.22 | 494.32 | 8.35M |
| United Technologies | UTX | 66.00 | 67.28 | 65.90 | 66.95 | 7.57M |
| International Business Machines | IBM | 98.62 | 99.45 | 98.50 | 99.37 | 7.18M |
| Johnson & Johnson | JNJ | 66.15 | 66.60 | 66.10 | 66.39 | 7.17M |
| Comcast | CMCSA | 44.05 | 44.05 | 43.44 | 43.70 | 6.98M |
| Walt Disney & Co. | DIS | 34.64 | 35.09 | 34.62 | 35.04 | 6.64M |
| Chevron | CVX | 71.95 | 73.07 | 71.85 | 73.07 | 6.4M |
| UnitedHealth Group | UNH | 52.02 | 52.53 | 51.81 | 52.21 | 5.88M |
| McDonald's | MCD | 43.48 | 43.85 | 43.48 | 43.77 | 5.82M |
| Pepsico | PEP | 64.68 | 65.21 | 64.40 | 65.09 | 5.13M |
| Amazon | AMZN | 37.29 | 37.42 | 36.63 | 37.05 | 4.81M |
| Coca-Cola | KO | 47.83 | 47.95 | 47.64 | 47.81 | 4.49M |
| Gilead Sciences | GILD | 63.25 | 63.63 | 62.92 | 63.47 | 3.19M |
| Boeing | BA | 85.75 | 86.60 | 85.55 | 86.00 | 3.15M |
| Union Pacific | UNP | 96.18 | 97.07 | 95.17 | 96.98 | 2.1M |
| Berkshire Hathaway | BRK.B | 3602.00 | 3636.00 | 3601.00 | 3636.00 | 15.3K |
Exchange Rates of January 30th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 121.630 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.179 CAD | 1 CAD = 0.848 USD |
| US Dollar | Swiss Franc | 1 USD = 1.251 CHF | 1 CHF = 0.799 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.776 CNY | 1 CNY = 0.129 USD |
| Euro | Japanese Yen | 1 EUR = 157.740 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.661 GBP | 1 GBP = 1.514 EUR |
| Euro | Australian Dollar | 1 EUR = 1.679 AUD | 1 AUD = 0.596 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.529 CAD | 1 CAD = 0.654 EUR |
| Euro | Swiss Franc | 1 EUR = 1.623 CHF | 1 CHF = 0.616 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.419 GBP | 1 GBP = 2.389 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.064 AUD | 1 AUD = 0.940 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.969 CAD | 1 CAD = 1.032 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.029 CHF | 1 CHF = 0.972 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.541 AUD | 1 AUD = 0.394 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.315 CAD | 1 CAD = 0.432 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.456 CHF | 1 CHF = 0.407 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.910 CAD | 1 CAD = 1.098 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.966 CHF | 1 CHF = 1.035 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.061 CHF | 1 CHF = 0.943 CAD |
See what else happened on January 30th, 2007