Financial news on March 10, 2008

Business and Financial news
Another DVD Format, but This One Says It’s Cheaper

A new system that is incompatible with Blu-ray, called HD VMD, for versatile multilayer disc, is trying to find a niche. Read more..

By ERIC A. TAUB - The New York Times

Blackstone’s 4th-Quarter Earnings Fall Steeply

The private equity firm reported a net loss of $170 million for the quarter, a sharp reversal from a year earlier, amid expenses tied to its initial public offering and a choppier credit market. Read more..

By DEALBOOK - The New York Times

Dancers in the Crowd Bring Back ‘Thriller’

Sony BMG ventured into “guerrilla marketing,” staging dance scenes from Michael Jackson’s “Thriller” to promote the 25th anniversary of the record’s release. Read more..

By DOREEN CARVAJAL - The New York Times

Going to the Company Elders for Help

Hewlett-Packard is trying to galvanize thousands of its retirees into an auxiliary army of senior marketers, good-will ambassadors and volunteer sales people. Read more..

By MATT RICHTEL - The New York Times

Journalism in the Hands of the Neighborhood

The Knight Foundation in Miami is donating $25 million over five years “for innovative ideas using digital experiments to transform community news.” Read more..

By NOAM COHEN - The New York Times

New Challenge to Times Board: Dissidents With Large Stake

Management at The New York Times Company is facing another challenge from dissident investors complaining of poor decision-making. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

The Best Kind of Traffic for Web Sites

A study found that paid listings had a slight edge over “organic,” or unpaid, search results. Read more..

By ALEX MINDLIN - The New York Times

To Aim Ads, Web Is Keeping Closer Eye on You

A new analysis of online consumer data shows that large Web companies are learning more about people than ever from what they search for and do on the Internet. Read more..

By LOUISE STORY - The New York Times

TV Puts an Odd Lens on Politics

Since political coverage has migrated to the cable networks, the tenor and texture of campaign reporting are changing as well. Read more..

By DAVID CARR - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 27,83 28,26 27,75 28,05 72.2M
Intel INTC 20,11 20,50 19,97 20,12 67M
General Electric GE 32,44 32,45 31,65 31,70 55.6M
Cisco Systems CSCO 24,12 24,49 23,99 23,99 48.2M
JPMorgan Chase JPM 37,70 38,26 36,31 36,48 41.3M
Oracle Corp. ORCL 19,17 19,50 19,08 19,28 36.6M
Apple AAPL 121,98 123,46 119,37 119,69 35.7M
Pfizer PFE 21,37 21,42 21,14 21,15 34.4M
Wells Fargo & Co. WFC 28,32 28,55 27,44 27,89 33.7M
ExxonMobil XOM 82,74 83,50 82,00 82,46 32.4M
Wal-Mart Stores WMT 49,87 50,00 48,64 48,85 24.3M
AT&T Inc. T 35,06 35,25 34,26 34,65 22.5M
Comcast CMCSA 19,63 19,73 19,25 19,39 21.8M
Verizon Communications VZ 35,05 35,23 34,25 34,37 17.9M
ConocoPhillips COP 77,49 78,88 77,22 77,35 17.7M
McDonald's MCD 54,69 54,73 52,93 53,80 17.6M
Home Depot HD 25,75 25,95 24,96 25,00 17.2M
Alphabet GOOGL 428,83 431,00 413,04 413,62 16M
Gilead Sciences GILD 48,56 48,56 45,89 46,13 15.1M
Johnson & Johnson JNJ 61,70 61,74 61,17 61,33 14.2M
Amgen AMGN 44,43 45,04 43,50 44,68 13.9M
Procter & Gamble PG 65,75 65,92 65,58 65,76 13.8M
Altria MO 74,35 75,65 74,20 74,74 12.7M
Walt Disney & Co. DIS 30,82 30,82 30,28 30,46 12.6M
Merck MRK 41,80 41,91 41,03 41,26 12.4M
Bristol-Myers Squibb BMY 21,86 21,91 21,26 21,33 12M
Chevron CVX 85,55 85,97 84,35 84,73 11.9M
HP Inc. HPQ 46,85 47,42 46,61 46,71 11.4M
Abbott Laboratories ABT 51,19 51,19 50,33 50,60 11.3M
Schlumberger SLB 85,66 85,95 82,51 82,80 10.1M
Boeing BA 76,50 76,71 74,38 74,38 9.93M
International Business Machines IBM 113,12 115,99 113,12 114,01 9.75M
Amazon AMZN 63,90 65,15 62,91 63,47 9.32M
United Technologies UTX 67,60 67,60 66,14 66,23 7.07M
UnitedHealth Group UNH 45,16 45,73 44,97 45,07 6.17M
Coca-Cola KO 58,90 59,34 58,65 58,66 4.76M
Pepsico PEP 69,79 69,79 68,83 69,02 4.7M
3M MMM 76,73 77,11 75,28 75,48 4.21M
Union Pacific UNP 119,00 121,19 118,28 118,77 2.22M
Berkshire Hathaway BRK.B 4446,00 4459,00 4343,00 4363,00 22.8K
Exchange Rates of March 10, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 101,710 JPY 1 JPY = 0,010 USD
US Dollar Canadian Dollar 1 USD = 0,996 CAD 1 CAD = 1,004 USD
US Dollar Swiss Franc 1 USD = 1,019 CHF 1 CHF = 0,981 USD
US Dollar Chinese Yuan 1 USD = 7,107 CNY 1 CNY = 0,141 USD
Euro Japanese Yen 1 EUR = 156,130 JPY 1 JPY = 0,006 EUR
Euro Pound Sterling 1 EUR = 0,765 GBP 1 GBP = 1,307 EUR
Euro Australian Dollar 1 EUR = 1,674 AUD 1 AUD = 0,597 EUR
Euro Canadian Dollar 1 EUR = 1,529 CAD 1 CAD = 0,654 EUR
Euro Swiss Franc 1 EUR = 1,564 CHF 1 CHF = 0,639 EUR
Japanese Yen Pound Sterling 1 JPY = 0,490 GBP 1 GBP = 2,042 JPY
Japanese Yen Australian Dollar 1 JPY = 1,071 AUD 1 AUD = 0,933 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,979 CAD 1 CAD = 1,022 JPY
Japanese Yen Swiss Franc 1 JPY = 1,001 CHF 1 CHF = 0,999 JPY
Pound Sterling Australian Dollar 1 GBP = 2,188 AUD 1 AUD = 0,457 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,998 CAD 1 CAD = 0,500 GBP
Pound Sterling Swiss Franc 1 GBP = 2,043 CHF 1 CHF = 0,489 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,913 CAD 1 CAD = 1,096 AUD
Australian Dollar Swiss Franc 1 AUD = 0,934 CHF 1 CHF = 1,071 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,022 CHF 1 CHF = 0,978 CAD

See what else happened on March 10, 2008