Financial news on March 07, 2013

Business and Financial news
A Weather Report That’s Colorful, With a Chance of Fun

Kit Eaton App Smart column highlights new weather reporting apps that provide forecasts that are easy to understand and filled with usable information. Read more..

By KIT EATON - The New York Times

China Promises Flexibility on Renminbi

The comments from Yi Gang, a senior central bank official, emphasize the stability that Chinese policy makers want to ensure. Read more..

By REUTERS - International Herald Tribune

Clothing Companies Trying to Find More Direct Paths to Customers

You're the Boss blog; many new apparel brands have decided to forgo traditional wholesale route of selling through multibrand boutiques and department stores, but direct selling is not for everyone. Read more..

By IAN MOUNT - The New York Times

European Regulators Fine Microsoft, Then Promise to Do Better

European Union fines Microsoft $732 million for failing to respect antitrust settlement with regulators; top regulator Joaquin Almunia says bloc had been 'naive' to let the company monitor its own adherence to 2009 deal to offer its users wider choice of Internet browsers. Read more..

By JAMES KANTER - The New York Times

Europe’s Carmakers Look Forward to U.S. Trade Pact

Prospects for United States-European Union free-trade pact have brightened the spirits of automakers who want to not only sell in the American market, but also to export their American-made cars back to Europe; industry is convening for the Geneva auto show. Read more..

By JACK EWING - The New York Times

Euro Zone Economy Shrank at Year-End

Official data showed a contraction of 0.6 percent in gross domestic product for the 17-nation zone in the fourth quarter, with investment falling 1.1 percent. Read more..

By DAVID JOLLY - International Herald Tribune

Hints of a Jobs Uptick Help Buoy the Market

Dow Jones industrial average rises slightly to another record high, though the overall market shows scant gains. Read more..

By REUTERS - The New York Times

In Survey, Fed Finds Economic Growth Is Widespread

Survey of regional economic conditions in Federal Reserve's 12 districts finds 10 of districts reported moderate growth; Commerce Department reports total factory orders fell 2 percent in January compared with December; orders for core capital goods rose 7.2 percent. Read more..

By THE ASSOCIATED PRESS - The New York Times

In Upgrade, Google Adds to Model for Mobile Marketing

Stuart Elliott Advertising column; Google is bringing three new brands to its digital advertising initiative, in attempt to get marketers to think of technology as their best asset. Read more..

By STUART ELLIOTT - The New York Times

Toy Review: Tech Toys for The Holidays

As Black Friday approaches, David Gillen speaks with Gadgetwise’s Warren Buckleitner about Furby, Hexbug and Skylanders Giants. Read more..

Emily B. Hager and Fritzie Andrade - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Facebook FB 27.57 28.68 27.47 28.58 74.5M
Intel INTC 21.80 21.99 21.75 21.89 42.4M
Cisco Systems CSCO 21.72 21.97 21.68 21.80 37.4M
Microsoft MSFT 28.11 28.28 28.01 28.14 29.2M
Pfizer PFE 28.18 28.38 28.12 28.27 27.7M
JPMorgan Chase JPM 50.05 50.86 50.01 50.63 24.2M
General Electric GE 23.70 23.83 23.67 23.68 23M
Wells Fargo & Co. WFC 36.13 36.48 36.08 36.42 21.5M
AT&T Inc. T 36.37 36.52 36.15 36.39 19.2M
HP Inc. HPQ 20.93 21.12 20.76 20.85 17.9M
Apple AAPL 424.50 432.01 421.06 430.58 16.7M
Oracle Corp. ORCL 35.94 36.13 35.76 35.94 15.1M
Coca-Cola KO 39.04 39.19 38.84 39.12 15.1M
Merck MRK 43.82 43.93 43.09 43.27 13.7M
ExxonMobil XOM 89.63 89.76 88.68 88.71 12.9M
Verizon Communications VZ 47.40 47.57 47.21 47.48 10.6M
Boeing BA 79.37 81.95 79.37 81.05 10M
General Motors GM 27.86 28.14 27.79 27.88 9.43M
Gilead Sciences GILD 45.10 45.20 44.51 44.95 9.18M
Johnson & Johnson JNJ 77.62 77.96 77.59 77.75 8M
Altria MO 34.21 34.23 33.83 33.96 7.74M
Bristol-Myers Squibb BMY 37.78 37.81 37.51 37.53 7.64M
Procter & Gamble PG 77.22 77.49 76.78 76.90 7.11M
Wal-Mart Stores WMT 73.49 73.61 73.20 73.32 6.68M
Comcast CMCSA 40.83 40.99 40.61 40.62 6.67M
Abbott Laboratories ABT 34.30 34.54 34.16 34.43 5.67M
ConocoPhillips COP 58.00 58.14 57.85 57.86 5.33M
Home Depot HD 70.40 70.50 69.94 70.25 5M
Walt Disney & Co. DIS 56.36 56.47 56.01 56.32 4.81M
McDonald's MCD 96.64 97.16 96.64 97.09 4.57M
Pepsico PEP 76.76 77.17 76.67 77.14 4.46M
UnitedHealth Group UNH 53.76 54.18 53.69 53.80 4.46M
Chevron CVX 118.62 118.89 118.21 118.56 4.38M
Alphabet GOOGL 834.06 836.62 829.58 832.60 4.1M
International Business Machines IBM 208.29 209.60 208.24 209.42 3.88M
Schlumberger SLB 77.20 78.00 77.10 77.82 3.62M
Amgen AMGN 93.43 93.88 92.82 92.95 2.98M
Berkshire Hathaway BRK.B 103.25 103.58 103.03 103.41 2.62M
United Technologies UTX 91.20 91.89 91.18 91.71 2.53M
Visa V 160.87 161.78 159.65 160.51 2.17M
Amazon AMZN 274.10 274.80 271.85 273.88 1.94M
Union Pacific UNP 138.89 139.23 136.25 137.02 1.89M
3M MMM 104.80 105.16 104.49 104.54 1.88M
Exchange Rates of March 07, 2013
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 94.810 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.029 CAD 1 CAD = 0.971 USD
US Dollar Swiss Franc 1 USD = 0.942 CHF 1 CHF = 1.061 USD
US Dollar Chinese Yuan 1 USD = 6.220 CNY 1 CNY = 0.161 USD
Euro Japanese Yen 1 EUR = 124.290 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.873 GBP 1 GBP = 1.145 EUR
Euro Australian Dollar 1 EUR = 1.276 AUD 1 AUD = 0.783 EUR
Euro Canadian Dollar 1 EUR = 1.349 CAD 1 CAD = 0.741 EUR
Euro Swiss Franc 1 EUR = 1.236 CHF 1 CHF = 0.809 EUR
Euro Chinese Yuan 1 EUR = 8.160 CNY 1 CNY = 0.123 EUR
Japanese Yen Pound Sterling 1 JPY = 0.702 GBP 1 GBP = 1.424 JPY
Japanese Yen Australian Dollar 1 JPY = 1.026 AUD 1 AUD = 0.974 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.085 CAD 1 CAD = 0.922 JPY
Japanese Yen Swiss Franc 1 JPY = 0.994 CHF 1 CHF = 1.006 JPY
Pound Sterling Australian Dollar 1 GBP = 1.462 AUD 1 AUD = 0.684 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.545 CAD 1 CAD = 0.647 GBP
Pound Sterling Swiss Franc 1 GBP = 1.415 CHF 1 CHF = 0.707 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.347 CNY 1 CNY = 0.107 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.057 CAD 1 CAD = 0.946 AUD
Australian Dollar Swiss Franc 1 AUD = 0.968 CHF 1 CHF = 1.033 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.394 CNY 1 CNY = 0.156 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.915 CHF 1 CHF = 1.093 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.048 CNY 1 CNY = 0.165 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.602 CNY 1 CNY = 0.151 CHF

See what else happened on March 07, 2013