Financial news on March 5th, 2007

Business and Financial news
A Richer Trip to the Mall, Guided by Text Messages

New Internet applications allow shoppers to use their cellphones and PDAs to search the inventory and prices at the local mall. Read more..

By BOB TEDESCHI - The New York Times

A Scuffle Over Pay Television in Britain Spills Into the Living Room

British Sky Broadcasting withdrew several of its channels from the main cable provider in Britain over a cost disagreement. Read more..

By ERIC PFANNER - The New York Times

Citizen Bono Brings Africa to Idle Rich

As the guest editor of the July issue of Vanity Fair, Bono will try to rebrand Africa. Read more..

By DAVID CARR - The New York Times

D’Amato Never Folds

Alfonse M. D’Amato, the former senator and a poker aficionado, is lobbying to overturn a new federal ban on Internet gambling. Read more..

By GARY RIVLIN and MATT RICHTEL - The New York Times

In Europe, Private Equity Firms Strive to Buff Image

Under attack by politicians and trade union leaders, European private equity firms are trying to rescue their reputation. Read more..

By JULIA WERDIGIER - The New York Times

Looking Ahead

PAULSON IN ASIA Treasury Secretary Henry M. Paulson Jr., below, will head to Asia this week, stopping in Japan on Monday, South Korea on Tuesday, Beijing on Wednesday and Shanghai on Thursday. The trip will include meetings with the Japanese finan... Read more..

By THE NEW YORK TIMES - The New York Times

NBC Anchor to Baghdad, the First Trip Since ABC’s

Brian Williams is the first network news anchor to travel to Baghdad since ABC’s Bob Woodruff was severely injured last year. Read more..

By BILL CARTER - The New York Times

Up Next: A Real Tally of Couch Potatoes

For the first time, Nielsen will release long-awaited ratings that tell ad buyers exactly how many people are watching their commercials. Read more..

By ALEX MINDLIN - The New York Times

Where Artists and Inventors Plot to Save the World

More than 1,000 people will gather in Monterey, Calif., for the annual TED conference, named for the convergence of technology, entertainment and design. Read more..

By SAUL HANSELL - The New York Times

Wireless Technology Speeds Health Services in Rwanda

Cellphones are now being used to report from the field in Rwanda, enabling health care workers to better track and manage patients. Read more..

By THOMAS CRAMPTON - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO25.0225.7524.8225.4660M
Oracle Corp.ORCL16.5217.0016.3416.3734.1M
General ElectricGE34.6534.9734.5234.5532.8M
AT&T Inc.T36.1536.7935.6035.7223.1M
Home DepotHD38.7539.2038.5938.6722.8M
JPMorgan ChaseJPM47.6048.1647.2047.5420.2M
HP Inc.HPQ38.4739.4438.1538.7518.9M
Johnson & JohnsonJNJ61.4562.3561.4561.8316M
Wells Fargo & Co.WFC34.2034.6533.9834.0315.7M
Abbott LaboratoriesABT52.7253.5952.7252.7515.3M
Wal-Mart StoresWMT47.6548.2747.4447.4714.3M
Verizon CommunicationsVZ36.2936.8236.0536.1312.1M
Walt Disney & Co.DIS33.5534.1133.4233.7210.7M
International Business MachinesIBM90.2592.1590.1091.8110.3M
Procter & GamblePG62.8463.6062.6662.799.9M
UnitedHealth GroupUNH53.8054.8552.9352.969.36M
Bristol-Myers SquibbBMY26.0826.7126.0326.357.26M
United TechnologiesUTX63.7564.4563.4563.545.18M
Gilead SciencesGILD69.7571.4169.3369.994.35M
Union PacificUNP96.6397.2295.6096.112.68M
Berkshire HathawayBRK.B3550.003601.003525.003562.0013.6K
Exchange Rates of March 5th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115.510 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.181 CAD1 CAD = 0.847 USD
US DollarSwiss Franc1 USD = 1.221 CHF1 CHF = 0.819 USD
US DollarChinese Yuan1 USD = 7.750 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 151.200 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.681 GBP1 GBP = 1.468 EUR
EuroAustralian Dollar1 EUR = 1.699 AUD1 AUD = 0.589 EUR
EuroCanadian Dollar1 EUR = 1.545 CAD1 CAD = 0.647 EUR
EuroSwiss Franc1 EUR = 1.598 CHF1 CHF = 0.626 EUR
Japanese YenPound Sterling1 JPY = 0.450 GBP1 GBP = 2.220 JPY
Japanese YenAustralian Dollar1 JPY = 1.123 AUD1 AUD = 0.890 JPY
Japanese YenCanadian Dollar1 JPY = 1.022 CAD1 CAD = 0.979 JPY
Japanese YenSwiss Franc1 JPY = 1.057 CHF1 CHF = 0.947 JPY
Pound SterlingAustralian Dollar1 GBP = 2.493 AUD1 AUD = 0.401 GBP
Pound SterlingCanadian Dollar1 GBP = 2.268 CAD1 CAD = 0.441 GBP
Pound SterlingSwiss Franc1 GBP = 2.344 CHF1 CHF = 0.427 GBP
Australian DollarCanadian Dollar1 AUD = 0.909 CAD1 CAD = 1.100 AUD
Australian DollarSwiss Franc1 AUD = 0.940 CHF1 CHF = 1.064 AUD
Canadian DollarSwiss Franc1 CAD = 1.034 CHF1 CHF = 0.968 CAD

See what else happened on March 5th, 2007