Financial news on March 9th, 2007
Business and Financial news
Former President Bill Clinton is among the winners of the annual TED prize, named for the confluence of technology, entertainment and design. Read more..
Two pieces of legislation are intended to protect private wealth and create a more coherent tax code. Read more..
A jury ruled that Vonage violated three Verizon patents, dealing a blow to a company already showing signs of stress. Read more..
Japan’s machinery orders rose in January, the most in five months, signaling that capital spending will keep fueling the economy. Nongovernment machinery orders, excluding shipping and utilities, rose a seasonally adjusted 3.9 percent, to 1.09 tri... Read more..
New Century Financial stopped accepting new loan applications as it tried to negotiate terms with banks that had cut off its access to billions in funds. Read more..
Microsoft said it had signed its first agreement to license its technology, almost three years after European Union antitrust regulators ordered the software company to share data to increase competition. Microsoft said the deal, with Quest Softwa... Read more..
Pemex, Mexico’s oil monopoly, is struggling, with falling production and reserves and no money to reverse the slide. Read more..
Hoping to revive the warmth the brand once evoked, Saturn is lending owners of its Aura model a Car of the Year trophy. Read more..
Nathaniel Rothschild has parlayed his family’s name and private equity investments into a fortune that is approaching $1 billion. Read more..
Seoul said it would resume American beef imports, but South Korean farmers still want rice to be excluded from any agreement. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 27.42 | 27.48 | 27.03 | 27.28 | 80.1M |
| Intel | INTC | 19.36 | 19.42 | 19.05 | 19.10 | 51.1M |
| Cisco Systems | CSCO | 26.42 | 26.49 | 25.94 | 26.08 | 39.3M |
| General Electric | GE | 34.60 | 34.64 | 34.22 | 34.32 | 34.2M |
| ExxonMobil | XOM | 71.96 | 72.38 | 70.90 | 71.12 | 28.7M |
| Pfizer | PFE | 25.49 | 25.55 | 25.38 | 25.41 | 25.8M |
| Amgen | AMGN | 62.24 | 62.32 | 60.05 | 60.86 | 24.7M |
| Oracle Corp. | ORCL | 16.81 | 16.95 | 16.57 | 16.63 | 24.2M |
| Abbott Laboratories | ABT | 53.95 | 54.46 | 53.75 | 54.39 | 21.9M |
| Altria | MO | 86.00 | 86.93 | 85.21 | 86.86 | 19.9M |
| HP Inc. | HPQ | 40.42 | 40.52 | 39.52 | 40.03 | 17.4M |
| Apple | AAPL | 88.80 | 88.85 | 87.40 | 87.97 | 16.1M |
| ConocoPhillips | COP | 68.16 | 68.30 | 67.43 | 67.80 | 16M |
| AT&T Inc. | T | 36.70 | 36.89 | 36.35 | 36.55 | 14.7M |
| Wal-Mart Stores | WMT | 48.02 | 48.13 | 47.15 | 47.42 | 14M |
| Coca-Cola | KO | 47.23 | 47.67 | 47.15 | 47.57 | 13.1M |
| Verizon Communications | VZ | 36.70 | 36.70 | 36.25 | 36.45 | 12.6M |
| Comcast | CMCSA | 26.42 | 26.42 | 26.00 | 26.12 | 12.5M |
| Home Depot | HD | 39.15 | 39.17 | 38.49 | 38.67 | 12M |
| Walt Disney & Co. | DIS | 34.87 | 34.90 | 34.28 | 34.37 | 11.6M |
| Wells Fargo & Co. | WFC | 34.78 | 34.84 | 34.48 | 34.50 | 10.9M |
| Johnson & Johnson | JNJ | 62.18 | 62.31 | 61.94 | 62.14 | 10M |
| Alphabet | GOOGL | 458.00 | 458.40 | 450.10 | 452.96 | 9.95M |
| JPMorgan Chase | JPM | 49.12 | 49.35 | 48.53 | 48.82 | 9.45M |
| Procter & Gamble | PG | 62.50 | 62.70 | 62.00 | 62.16 | 9.19M |
| Schlumberger | SLB | 65.80 | 65.87 | 64.65 | 65.10 | 8.59M |
| Merck | MRK | 44.53 | 44.85 | 44.30 | 44.61 | 8.27M |
| Chevron | CVX | 68.83 | 69.04 | 68.00 | 68.47 | 7.67M |
| International Business Machines | IBM | 93.48 | 94.00 | 92.82 | 93.28 | 6.33M |
| McDonald's | MCD | 44.00 | 44.49 | 43.78 | 44.15 | 6.22M |
| Amazon | AMZN | 38.48 | 38.89 | 38.00 | 38.84 | 6.2M |
| Pepsico | PEP | 63.15 | 63.15 | 62.62 | 62.88 | 6.08M |
| Bristol-Myers Squibb | BMY | 27.40 | 27.41 | 26.90 | 26.92 | 6.01M |
| UnitedHealth Group | UNH | 53.50 | 53.80 | 52.84 | 53.00 | 4.79M |
| 3M | MMM | 74.59 | 75.31 | 74.54 | 74.73 | 3.35M |
| Gilead Sciences | GILD | 70.77 | 70.95 | 69.75 | 70.26 | 2.94M |
| Boeing | BA | 89.70 | 90.09 | 89.14 | 89.51 | 2.82M |
| United Technologies | UTX | 64.80 | 65.00 | 64.18 | 64.50 | 2.56M |
| Union Pacific | UNP | 99.80 | 100.50 | 98.50 | 98.74 | 1.64M |
| Berkshire Hathaway | BRK.B | 3640.00 | 3658.00 | 3633.00 | 3646.00 | 10.6K |
Exchange Rates of March 9th, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 118.320 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.172 CAD | 1 CAD = 0.853 USD |
| US Dollar | Swiss Franc | 1 USD = 1.235 CHF | 1 CHF = 0.810 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.744 CNY | 1 CNY = 0.129 USD |
| Euro | Japanese Yen | 1 EUR = 155.160 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.679 GBP | 1 GBP = 1.473 EUR |
| Euro | Australian Dollar | 1 EUR = 1.681 AUD | 1 AUD = 0.595 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.537 CAD | 1 CAD = 0.651 EUR |
| Euro | Swiss Franc | 1 EUR = 1.619 CHF | 1 CHF = 0.618 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.437 GBP | 1 GBP = 2.287 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.083 AUD | 1 AUD = 0.924 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.990 CAD | 1 CAD = 1.010 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.043 CHF | 1 CHF = 0.958 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.476 AUD | 1 AUD = 0.404 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.265 CAD | 1 CAD = 0.442 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.385 CHF | 1 CHF = 0.419 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.914 CAD | 1 CAD = 1.094 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.963 CHF | 1 CHF = 1.039 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.053 CHF | 1 CHF = 0.950 CAD |
See what else happened on March 9th, 2007