Financial news on March 7th, 2007

Business and Financial news
Airbus Workers in France Protest Planned Job Cuts

Thousands of Airbus employees took to the streets to protest planned job cuts that have drawn fire amid a heated presidential campaign. Read more..


BP Cuts Bonus in Half for Outgoing Executive

Oil spills and safety lapses in the United States have overshadowed record profits. Read more..

By JULIA WERDIGIER - The New York Times

Makers of Sodas Try a New Pitch: They’re Healthy

In coming months, Coca-Cola and PepsiCo will introduce carbonated drinks fortified with vitamins and minerals. Read more..

By ANDREW MARTIN - The New York Times

Productivity Is Less Than Estimated, and Pay Is Higher

Revised numbers show a jump in wages and lower productivity, two potentially troubling signs as the Fed considers interest rates. Read more..

By JEREMY W. PETERS - The New York Times

Responses From Hospitals

The graphic that accompanied my column this week listed hospitals in a number of cities that were doing a poor job of treating heart attack patients, according to Medicare data. I asked all eight of them if they wanted to respond, and some of thos... Read more..

By DAVID LEONHARDT - The New York Times

Searching for Michael Jordan? Microsoft Wants a Better Way

Trying to catch up with Google, Microsoft says it will change the way computer users search. Read more..

By JOHN MARKOFF - The New York Times

Shades of Youth: Can You See Me Now?

A campaign for sunglasses carries a theme — “Never hide” — that seems counterintuitive when you consider the product. Read more..

By STUART ELLIOTT - The New York Times

The Data Tell a Different Story on Heart Patients

Gaps in insurance aren’t the only problem with the medical system. Hospitals should be required to report more information. Read more..

By DAVID LEONHARDT - The New York Times

To Settle Suit, Maker Agrees to Withdraw Growth Drug

A drug to spur growth in extremely short children will be removed from the market to settle patent infringement charges. Read more..

By ANDREW POLLACK - The New York Times

Venezuela Disavows 1980s-Era Bonds

An international financial dispute between a group of Ohio investors and Venezuela’s solicitor general is playing out in federal court. Read more..

By JENS ERIK GOULD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO25.9126.1225.5825.8765.5M
General ElectricGE34.7434.7534.3234.3339M
Oracle Corp.ORCL16.7716.8516.4616.4930.7M
AT&T Inc.T35.7836.0335.2835.4327.8M
HP Inc.HPQ39.5340.4039.5040.1721.4M
Verizon CommunicationsVZ36.3136.4735.6035.6818.3M
Abbott LaboratoriesABT52.6552.9952.5552.6916.8M
Johnson & JohnsonJNJ61.6562.5361.5961.8614.1M
JPMorgan ChaseJPM48.6948.8748.2648.3613.7M
Wal-Mart StoresWMT48.0648.2547.6147.9313.3M
Bristol-Myers SquibbBMY26.8427.2626.7127.1212.8M
Home DepotHD38.7038.9938.5238.7112.3M
Procter & GamblePG62.8063.0562.0262.0810.6M
Wells Fargo & Co.WFC34.5234.7334.2934.3210.5M
International Business MachinesIBM93.9794.8593.6293.9410.3M
Walt Disney & Co.DIS34.3934.6234.2534.439.52M
UnitedHealth GroupUNH53.8154.0053.1153.806.58M
United TechnologiesUTX64.1764.5564.0064.264.07M
Gilead SciencesGILD70.3570.6969.9670.073.83M
Union PacificUNP95.8597.8795.8097.502.38M
Berkshire HathawayBRK.B3572.003597.503572.003594.008.8K
Exchange Rates of March 7th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116.010 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.179 CAD1 CAD = 0.849 USD
US DollarSwiss Franc1 USD = 1.217 CHF1 CHF = 0.821 USD
US DollarChinese Yuan1 USD = 7.740 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 152.860 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.682 GBP1 GBP = 1.467 EUR
EuroAustralian Dollar1 EUR = 1.696 AUD1 AUD = 0.590 EUR
EuroCanadian Dollar1 EUR = 1.553 CAD1 CAD = 0.644 EUR
EuroSwiss Franc1 EUR = 1.604 CHF1 CHF = 0.623 EUR
Japanese YenPound Sterling1 JPY = 0.446 GBP1 GBP = 2.244 JPY
Japanese YenAustralian Dollar1 JPY = 1.109 AUD1 AUD = 0.902 JPY
Japanese YenCanadian Dollar1 JPY = 1.015 CAD1 CAD = 0.985 JPY
Japanese YenSwiss Franc1 JPY = 1.049 CHF1 CHF = 0.953 JPY
Pound SterlingAustralian Dollar1 GBP = 2.488 AUD1 AUD = 0.402 GBP
Pound SterlingCanadian Dollar1 GBP = 2.278 CAD1 CAD = 0.439 GBP
Pound SterlingSwiss Franc1 GBP = 2.353 CHF1 CHF = 0.425 GBP
Australian DollarCanadian Dollar1 AUD = 0.915 CAD1 CAD = 1.093 AUD
Australian DollarSwiss Franc1 AUD = 0.945 CHF1 CHF = 1.058 AUD
Canadian DollarSwiss Franc1 CAD = 1.033 CHF1 CHF = 0.968 CAD

See what else happened on March 7th, 2007