Financial news on March 09, 2007

Business and Financial news
Award Honorees Describe How They Hope to Improve the World

Former President Bill Clinton is among the winners of the annual TED prize, named for the confluence of technology, entertainment and design. Read more..

By SAUL HANSELL - The New York Times

China Nears Passage of Landmark Property Law

Two pieces of legislation are intended to protect private wealth and create a more coherent tax code. Read more..

By JIM YARDLEY - The New York Times

Court Orders Vonage to Pay $58 Million in Patent Case

A jury ruled that Vonage violated three Verizon patents, dealing a blow to a company already showing signs of stress. Read more..

By LAURIE J. FLYNN - The New York Times

Japan: Key Indicator Improved in January

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..

By BLOOMBERG NEWS - The New York Times

Lender Stops Accepting Mortgage Applications

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..

By VIKAS BAJAJ and JULIE CRESWELL - The New York Times

Microsoft in First Technology License Deal

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..

By THOMAS CRAMPTON - The New York Times

Output Falling in Oil-Rich Mexico, and Politics Gets the Blame

Pemex, Mexico’s oil monopoly, is struggling, with falling production and reserves and no money to reverse the slide. Read more..

By ELISABETH MALKIN - The New York Times

Saturn Goes Back to Warm and Fuzzy

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..

By STUART ELLIOTT - The New York Times

The Man Who May Become the Richest Rothschild

Nathaniel Rothschild has parlayed his family’s name and private equity investments into a fortune that is approaching $1 billion. Read more..

By LANDON THOMAS Jr - The New York Times

U.S. and South Korea Restart Talks on Free-Trade Pact

Seoul said it would resume American beef imports, but South Korean farmers still want rice to be excluded from any agreement. Read more..

By CHOE SANG-HUN - The New York Times

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 09, 2007
CurrenciesExchange 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 09, 2007