Financial news on January 31, 2008
Business and Financial news
A fund manager rattled investors by warning that two pillars of the financial markets might crumble. Read more..
The decision to keep Daniel Bouton at the helm of Société Générale baffled some people in the United States and Britain. Read more..
In a move that will make it the country’s largest oil sands producer, Suncor Energy said it would spend 20.6 billion Canadian dollars (about the same in American dollars) to expand operations near Fort McMurray, Alberta. The operation will be able... Read more..
Battered by a downturn in the housing market, the company is laying off 500 workers at its headquarters in Atlanta, or about 10 percent of its work force there. Read more..
Over all, the economy expanded by 2.2 percent in inflation-adjusted terms for all of 2007, the slowest rate of growth in five years. Read more..
A Writers Guild leader expressed wariness over modeling a deal on a new contract recently reached between production companies and the Directors Guild of America. Read more..
The European Commission proposed simpler food labels highlighting fat, sugar and salt content in an effort to contain the spread of obesity and junk food. Under the proposals, six content elements will have to appear on packages: energy, total fat... Read more..
The decision came as Starbucks reported anemic sales growth of 1 percent at stores open at least a year, the worst three-month performance in the company’s history. Read more..
The online retailer’s revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its profit margins were lower. Read more..
The economy expanded by at a weak 0.6 percent rate in the latest indication of a substantial slowdown and perhaps a recession. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 31,91 | 32,74 | 31,72 | 32,60 | 104M |
Intel | INTC | 20,44 | 21,34 | 20,36 | 21,10 | 101M |
Cisco Systems | CSCO | 23,98 | 24,70 | 23,89 | 24,50 | 76.3M |
Wells Fargo & Co. | WFC | 32,12 | 34,25 | 31,77 | 34,08 | 60.3M |
General Electric | GE | 34,86 | 35,67 | 34,50 | 35,36 | 55.6M |
JPMorgan Chase | JPM | 46,55 | 48,19 | 45,85 | 47,40 | 55.5M |
Pfizer | PFE | 23,00 | 23,52 | 22,76 | 23,36 | 52.7M |
Oracle Corp. | ORCL | 19,95 | 20,73 | 19,88 | 20,55 | 52.5M |
Apple | AAPL | 129,45 | 136,65 | 129,40 | 135,36 | 48.1M |
Wal-Mart Stores | WMT | 49,23 | 51,30 | 48,73 | 50,74 | 46.2M |
Amazon | AMZN | 68,91 | 78,87 | 68,84 | 77,70 | 42.9M |
AT&T Inc. | T | 36,81 | 38,49 | 36,57 | 38,49 | 38.2M |
Home Depot | HD | 28,88 | 31,08 | 28,82 | 30,64 | 33.2M |
ExxonMobil | XOM | 84,03 | 86,40 | 83,10 | 86,40 | 33M |
Alphabet | GOOGL | 539,01 | 573,00 | 534,29 | 564,30 | 29.7M |
Bristol-Myers Squibb | BMY | 22,99 | 23,50 | 21,75 | 23,02 | 28.1M |
Schlumberger | SLB | 74,43 | 75,96 | 73,20 | 75,40 | 25.3M |
Merck | MRK | 46,32 | 46,61 | 45,07 | 46,10 | 25.1M |
Comcast | CMCSA | 17,40 | 18,20 | 17,38 | 18,16 | 24.3M |
HP Inc. | HPQ | 42,94 | 44,23 | 42,30 | 43,72 | 22.1M |
Abbott Laboratories | ABT | 55,22 | 56,70 | 52,89 | 56,18 | 21.7M |
Johnson & Johnson | JNJ | 61,95 | 63,39 | 61,72 | 63,14 | 21.3M |
ConocoPhillips | COP | 78,05 | 80,87 | 77,25 | 80,11 | 20.7M |
Procter & Gamble | PG | 64,03 | 65,95 | 63,78 | 65,42 | 19.9M |
McDonald's | MCD | 50,30 | 53,58 | 50,11 | 53,58 | 18.3M |
Verizon Communications | VZ | 37,75 | 39,17 | 37,51 | 38,83 | 17.9M |
Walt Disney & Co. | DIS | 29,29 | 30,17 | 28,84 | 29,84 | 15.1M |
Altria | MO | 76,06 | 76,87 | 75,45 | 75,79 | 14.9M |
Amgen | AMGN | 47,04 | 47,09 | 46,29 | 46,59 | 14.7M |
Gilead Sciences | GILD | 44,88 | 45,90 | 44,45 | 45,69 | 13.8M |
Pepsico | PEP | 67,30 | 68,49 | 66,30 | 68,05 | 13.2M |
Chevron | CVX | 81,92 | 84,50 | 81,24 | 83,25 | 12.6M |
Coca-Cola | KO | 57,30 | 59,36 | 57,24 | 59,00 | 12M |
International Business Machines | IBM | 104,36 | 107,97 | 103,70 | 107,11 | 9.05M |
UnitedHealth Group | UNH | 50,07 | 51,12 | 49,32 | 50,84 | 8.36M |
Boeing | BA | 81,76 | 83,84 | 80,80 | 83,18 | 7.89M |
United Technologies | UTX | 71,65 | 74,00 | 71,65 | 73,27 | 7.02M |
3M | MMM | 77,23 | 80,00 | 77,04 | 79,65 | 5.43M |
Union Pacific | UNP | 121,58 | 126,49 | 115,00 | 124,76 | 4.65M |
Berkshire Hathaway | BRK.B | 4710,00 | 4710,00 | 4550,00 | 4550,00 | 29.2K |
Exchange Rates of January 31, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 106,410 JPY | 1 JPY = 0,009 USD |
US Dollar | Canadian Dollar | 1 USD = 1,003 CAD | 1 CAD = 0,997 USD |
US Dollar | Swiss Franc | 1 USD = 1,082 CHF | 1 CHF = 0,925 USD |
US Dollar | Chinese Yuan | 1 USD = 7,182 CNY | 1 CNY = 0,139 USD |
Euro | Japanese Yen | 1 EUR = 158,170 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,748 GBP | 1 GBP = 1,338 EUR |
Euro | Australian Dollar | 1 EUR = 1,658 AUD | 1 AUD = 0,603 EUR |
Euro | Canadian Dollar | 1 EUR = 1,490 CAD | 1 CAD = 0,671 EUR |
Euro | Swiss Franc | 1 EUR = 1,607 CHF | 1 CHF = 0,622 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,472 GBP | 1 GBP = 2,117 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,048 AUD | 1 AUD = 0,954 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0,941 CAD | 1 CAD = 1,062 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,016 CHF | 1 CHF = 0,985 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,218 AUD | 1 AUD = 0,451 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1,993 CAD | 1 CAD = 0,502 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2,149 CHF | 1 CHF = 0,465 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,898 CAD | 1 CAD = 1,114 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,968 CHF | 1 CHF = 1,033 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1,078 CHF | 1 CHF = 0,927 CAD |
See what else happened on January 31, 2008