Financial news on March 07, 2008
Business and Financial news
Criminal charges were filed on Thursday against four executives who imported toothpaste from China that contained a poison used in some antifreeze. Read more..
Apple is hoping to expand the iPhone’s appeal by luring software developers to create programs for it. Read more..
The figures are expected to increase pressure on policy makers and the mortgage industry to move faster to contain losses and help homeowners. Read more..
The home improvement chain is planning what may be its most ambitious annual spring marketing campaign, which gets under way on Sunday. Read more..
Investors sought absolute safety, even moving away from debt issued by two government-sponsored mortgage lending enterprises. Read more..
Carlyle Capital said it was “considering all available options” after it received further margin calls, prompting analysts to warn that more funds could struggle to meet tighter margin requirements. Read more..
Renewed anxiety about the availability of bank loans sent shares down sharply on Thursday. Read more..
The F.A.A. proposed a record penalty, $10.2 million, against Southwest Airlines on Thursday because, it said, the carrier had misled officials. Read more..
Shares of Sallie Mae, the nation’s largest source of student loans, have lost more than half their value since December. Read more..
When Société Générale moved its $9.7 billion loss from 2008 — when it occurred — to 2007, it created a furor in accounting circles about whether standards can be evenly applied. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Microsoft | MSFT | 27.34 | 28.07 | 27.32 | 27.87 | 77.6M |
Cisco Systems | CSCO | 23.90 | 24.70 | 23.78 | 24.11 | 70.3M |
General Electric | GE | 32.69 | 32.95 | 32.01 | 32.23 | 56.9M |
Wells Fargo & Co. | WFC | 27.51 | 29.39 | 27.13 | 28.11 | 48.3M |
Oracle Corp. | ORCL | 19.13 | 19.55 | 18.87 | 19.00 | 46.5M |
Apple | AAPL | 120.41 | 122.98 | 119.05 | 122.25 | 43.9M |
JPMorgan Chase | JPM | 37.00 | 39.08 | 36.61 | 37.56 | 43.3M |
Pfizer | PFE | 21.50 | 21.66 | 21.20 | 21.35 | 42.3M |
Intel | INTC | 19.76 | 20.39 | 19.75 | 20.07 | 35.9M |
ExxonMobil | XOM | 83.75 | 84.06 | 81.97 | 82.49 | 30.7M |
AT&T Inc. | T | 34.68 | 35.51 | 34.60 | 35.01 | 25.1M |
Wal-Mart Stores | WMT | 49.80 | 50.74 | 49.68 | 49.90 | 24.3M |
Comcast | CMCSA | 19.65 | 19.82 | 19.51 | 19.67 | 21.5M |
ConocoPhillips | COP | 79.95 | 80.00 | 77.78 | 78.36 | 17.4M |
Verizon Communications | VZ | 35.05 | 35.56 | 34.75 | 35.08 | 16.8M |
Bristol-Myers Squibb | BMY | 21.72 | 22.05 | 21.43 | 21.88 | 16.7M |
Alphabet | GOOGL | 428.88 | 440.00 | 426.24 | 433.35 | 16.1M |
Chevron | CVX | 86.85 | 87.49 | 84.65 | 85.26 | 15.9M |
Home Depot | HD | 25.48 | 26.42 | 25.18 | 25.88 | 15.4M |
Merck | MRK | 43.00 | 43.00 | 41.52 | 41.75 | 15.4M |
Johnson & Johnson | JNJ | 62.32 | 62.42 | 61.40 | 61.51 | 14.9M |
Abbott Laboratories | ABT | 52.17 | 52.17 | 50.87 | 51.04 | 14.6M |
Procter & Gamble | PG | 66.28 | 66.34 | 65.67 | 65.80 | 13.8M |
Walt Disney & Co. | DIS | 31.13 | 31.25 | 30.56 | 30.76 | 12.8M |
Altria | MO | 73.13 | 74.72 | 73.13 | 74.52 | 12.6M |
HP Inc. | HPQ | 47.25 | 48.17 | 46.74 | 47.31 | 12.6M |
Amgen | AMGN | 44.13 | 44.74 | 43.50 | 44.18 | 10.7M |
Amazon | AMZN | 62.20 | 64.87 | 62.01 | 64.09 | 10.4M |
Gilead Sciences | GILD | 47.44 | 48.70 | 47.36 | 48.70 | 10.4M |
Boeing | BA | 78.69 | 79.00 | 76.37 | 76.60 | 9.66M |
Schlumberger | SLB | 87.14 | 87.70 | 84.22 | 85.61 | 8.95M |
International Business Machines | IBM | 112.10 | 114.75 | 111.80 | 113.94 | 8.12M |
McDonald's | MCD | 52.55 | 52.78 | 52.00 | 52.27 | 8.05M |
UnitedHealth Group | UNH | 45.60 | 45.70 | 45.14 | 45.21 | 7.43M |
Pepsico | PEP | 69.84 | 70.31 | 69.29 | 69.59 | 7.21M |
United Technologies | UTX | 68.49 | 69.28 | 67.36 | 67.49 | 6.76M |
Union Pacific | UNP | 120.60 | 122.80 | 118.55 | 119.66 | 5.52M |
3M | MMM | 77.41 | 77.99 | 76.33 | 76.51 | 5.2M |
Coca-Cola | KO | 58.87 | 59.40 | 58.50 | 58.85 | 4.93M |
Berkshire Hathaway | BRK.B | 4485.00 | 4519.00 | 4450.00 | 4462.00 | 20.1K |
Exchange Rates of March 07, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 102.550 JPY | 1 JPY = 0.010 USD |
US Dollar | Canadian Dollar | 1 USD = 0.991 CAD | 1 CAD = 1.009 USD |
US Dollar | Swiss Franc | 1 USD = 1.024 CHF | 1 CHF = 0.976 USD |
US Dollar | Chinese Yuan | 1 USD = 7.110 CNY | 1 CNY = 0.141 USD |
Euro | Japanese Yen | 1 EUR = 157.660 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.763 GBP | 1 GBP = 1.311 EUR |
Euro | Australian Dollar | 1 EUR = 1.657 AUD | 1 AUD = 0.604 EUR |
Euro | Canadian Dollar | 1 EUR = 1.521 CAD | 1 CAD = 0.657 EUR |
Euro | Swiss Franc | 1 EUR = 1.574 CHF | 1 CHF = 0.635 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.484 GBP | 1 GBP = 2.068 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.051 AUD | 1 AUD = 0.952 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.965 CAD | 1 CAD = 1.037 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 0.998 CHF | 1 CHF = 1.002 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.172 AUD | 1 AUD = 0.460 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 1.995 CAD | 1 CAD = 0.501 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.063 CHF | 1 CHF = 0.485 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.918 CAD | 1 CAD = 1.090 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.949 CHF | 1 CHF = 1.053 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.034 CHF | 1 CHF = 0.967 CAD |
See what else happened on March 07, 2008