Financial news on March 02, 2007

Business and Financial news
A Remote Heart Monitor Fails to Impress an F.D.A. Panel

An implanted wireless device did not keep enough patients with weak hearts out of the hospital to prove its effectiveness. Read more..

By BARNABY J. FEDER - The New York Times

A Steadier Day for Stock Markets, but a Sense of Unease Lingers

After four years of strong growth, low interest rates and prosperity, investors appear to have become too complacent about risks. Read more..

By VIKAS BAJAJ and JEREMY W. PETERS - The New York Times

Away From Home, TV Ads Are Inescapable

Some advertising executives think point-of-purchase advertising may yield the highest increase in sales. Read more..

By LOUISE STORY - The New York Times

Buffett Seeks New (and Younger) Candidate for Top Investing Position

Concerned that his hand-picked successor as investment officer is now too old, Warren E. Buffett is looking for a new candidate. Read more..

By JEREMY W. PETERS - The New York Times

F.C.C. Rules That Rural Carriers Must Connect Internet Calls

The decision marks the breaking down of one of the last barriers to allowing VoIP to fully compete with traditional phone carriers. Read more..

By DOW JONES - The New York Times

G.M. Reports Unexpected Increase in Feb. Sales

Meanwhile, Detroit’s other automakers experienced significant declines. Read more..

By NICK BUNKLEY - The New York Times

Japan: Inflation Slowed as Spending Climbed

The minister of economic and fiscal policy, Hiroko Ota, said there had been little change in price trends in January, after a report showed inflation slowed to zero percent for the first time since May. “Prices continue to be flat,” Ms. Ota said. ... Read more..

By BLOOMBERG NEWS - The New York Times

People

People. Read more..

By THE NEW YORK TIMES - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Russia: Labor Agreement at Ford

Ford Motor Company signed a collective bargaining agreement with the union representing its Russian employees, averting a strike in a country that has been a bright spot for the automaker. Sales in Russia are booming; Ford made 60,000 Focus cars i... Read more..

By ANDREW E. KRAMER - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 19.51 19.60 19.20 19.22 95.6M
Cisco Systems CSCO 25.69 25.97 25.15 25.30 68.6M
Microsoft MSFT 28.02 28.16 27.76 27.76 63.3M
General Electric GE 34.93 35.15 34.70 34.87 45.2M
Pfizer PFE 25.00 25.16 24.72 24.79 39.6M
Oracle Corp. ORCL 16.63 16.89 16.53 16.71 37.3M
Apple AAPL 86.77 87.54 85.21 85.41 30.7M
ExxonMobil XOM 70.99 71.25 69.31 70.01 27.5M
Amgen AMGN 62.11 62.45 61.40 61.75 21.1M
AT&T Inc. T 36.70 36.99 36.36 36.44 20.5M
Comcast CMCSA 25.25 25.72 25.16 25.44 20.2M
Home Depot HD 39.33 39.38 38.97 39.01 19.5M
Wal-Mart Stores WMT 47.85 48.32 47.71 47.81 18.4M
Coca-Cola KO 46.45 46.93 45.81 45.89 17M
JPMorgan Chase JPM 48.95 49.00 48.11 48.19 16.9M
Abbott Laboratories ABT 53.53 53.65 52.58 53.01 16.2M
HP Inc. HPQ 38.93 39.20 38.55 38.67 14.7M
Wells Fargo & Co. WFC 34.60 35.00 34.40 34.44 14.7M
ConocoPhillips COP 65.89 65.99 64.51 64.93 14.2M
Verizon Communications VZ 36.95 37.10 36.20 36.48 14M
Johnson & Johnson JNJ 62.35 62.45 61.73 61.95 13.8M
UnitedHealth Group UNH 54.36 55.08 53.00 54.18 13.2M
Alphabet GOOGL 445.11 448.70 438.68 438.68 13.2M
Merck MRK 44.25 44.43 43.56 44.19 12.6M
Chevron CVX 66.90 67.75 66.32 66.79 10.8M
Altria MO 84.34 84.50 83.12 83.48 10.2M
Walt Disney & Co. DIS 34.11 34.24 33.86 33.95 10.1M
International Business Machines IBM 91.86 92.37 90.84 90.90 9.45M
Procter & Gamble PG 63.50 63.71 62.70 63.16 9.28M
Schlumberger SLB 63.30 63.60 61.97 62.25 9.23M
Amazon AMZN 38.32 38.87 37.69 37.69 7.79M
Bristol-Myers Squibb BMY 26.63 26.70 26.14 26.42 7.66M
McDonald's MCD 44.10 44.47 43.63 43.67 6.45M
Pepsico PEP 63.41 63.66 62.84 62.93 6.34M
United Technologies UTX 64.70 65.01 64.30 64.35 5.19M
3M MMM 73.25 73.79 73.00 73.01 5.01M
Gilead Sciences GILD 70.35 71.50 69.76 70.44 4.61M
Boeing BA 87.87 88.54 87.01 87.03 4.31M
Union Pacific UNP 98.88 99.25 97.37 97.82 2.13M
Berkshire Hathaway BRK.B 3576.00 3590.00 3552.00 3562.00 13.5K
Exchange Rates of March 02, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.800 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.177 CAD 1 CAD = 0.849 USD
US Dollar Swiss Franc 1 USD = 1.216 CHF 1 CHF = 0.822 USD
US Dollar Chinese Yuan 1 USD = 7.745 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 154.090 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.473 EUR
Euro Australian Dollar 1 EUR = 1.686 AUD 1 AUD = 0.593 EUR
Euro Canadian Dollar 1 EUR = 1.553 CAD 1 CAD = 0.644 EUR
Euro Swiss Franc 1 EUR = 1.605 CHF 1 CHF = 0.623 EUR
Japanese Yen Pound Sterling 1 JPY = 0.440 GBP 1 GBP = 2.272 JPY
Japanese Yen Australian Dollar 1 JPY = 1.094 AUD 1 AUD = 0.914 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.008 CAD 1 CAD = 0.993 JPY
Japanese Yen Swiss Franc 1 JPY = 1.041 CHF 1 CHF = 0.960 JPY
Pound Sterling Australian Dollar 1 GBP = 2.484 AUD 1 AUD = 0.403 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.288 CAD 1 CAD = 0.437 GBP
Pound Sterling Swiss Franc 1 GBP = 2.364 CHF 1 CHF = 0.423 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.920 CAD 1 CAD = 1.086 AUD
Australian Dollar Swiss Franc 1 AUD = 0.951 CHF 1 CHF = 1.051 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.033 CHF 1 CHF = 0.968 CAD

See what else happened on March 02, 2007