Financial news on January 30, 2007

Business and Financial news
6-Month Home Detention for Executive

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..

By DOW JONES/AP - The New York Times

After 8 Hours on the Taxiway, You Might Want a Bill of Rights

Some outraged passengers have gotten together to demand federal legislation to hold the airlines more accountable for service disruptions. Read more..

By JOE SHARKEY - The New York Times

Air America to Be Acquired by New York Investor

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..

By LOUISE STORY - The New York Times

A Lively Market, Legal and Not, for Software Bugs

Software vulnerabilities are bought and sold online, both by legitimate security companies and by thieves. Read more..

By BRAD STONE - The New York Times

Citigroup to Buy Online Bank in Britain to Expand Retail Presence

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..

By ERIC DASH - The New York Times

Economist Wants Business and Social Aims to Be in Sync

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..

By LOUIS UCHITELLE - The New York Times

In Survival Mode, 2 Newsprint Makers Merge

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..

By IAN AUSTEN - The New York Times

Japan: Factory Output Rose to a Record in December

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..

By BLOOMBERG NEWS - The New York Times

Rewriting the Room Service Menu

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..

By SUSAN STELLIN - The New York Times

Take a Stand Even if It Means Not Getting a Seat

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..

By NIKOS MOURKOGIANNIS, as told to Christopher Elliott - The New York Times

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 30, 2007
CurrenciesExchange 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 30, 2007