Financial news on March 15th, 2007

Business and Financial news
4 Editors, an Art Director and a Shot at the Magazine Title

The Bulletin of the Atomic Scientists is among the finalists announced for the National Magazine Awards, the industry’s most prestigious prize. Read more..

By KATHARINE Q. SEELYE - The New York Times

Countering the Big-Bank Trend

Community banks keep financing flowing to local entrepreneurs at a time when mergers have reduced the number of banks. Read more..

By JAMES FLANIGAN - The New York Times

Enchanting TED

David Pogue touts the Technology, Entertainment, and Design conference, and urges readers to go online to get a lesson in cutting-edge technologies. Read more..

By DAVID POGUE - The New York Times

G.M. Posts Fourth-Quarter Profit on Cost Cuts

G.M. showed its largest quarterly profit in more than two years as its restructuring plan drastically cut expenses. Read more..

By NICK BUNKLEY - The New York Times

Goldman Sachs Is Fined $2 Million in a Pattern of Illegal Trading

Goldman Sachs was fined $2 million by market regulators for allowing clients to make illegal short sales before stock offerings. Read more..

By BLOOMBERG NEWS - The New York Times

Loan Unit Drags Down H&R Block

While H&R Block’s tax business is showing signs of improvement, it cannot get rid of its subprime mortgage group, Option One, fast enough. Read more..

By JULIE CRESWELL - The New York Times

No Raise, but No Tears, for Warren Buffett

The chief executive at Berkshire Hathaway took home the same $100,000 in 2006 that he has been earning for 25 years. Read more..

By JEREMY W. PETERS - The New York Times

One Number That Will Ring All Your Phones

A new service called GrandCentral can unify your cellphone with phones at work and home and perform many other tricks. Read more..

By DAVID POGUE - The New York Times

Potential Jurors Know Little About Ex-Media Tycoon

Nearly all of the jurors in the Conrad M. Black trial confirmed that they knew little of him and the others accused in the trial. Read more..

By RICHARD SIKLOS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO25.7025.9325.6225.8138.3M
General ElectricGE34.2034.6834.1134.5235.8M
Oracle Corp.ORCL16.8516.9416.6516.7224M
Wells Fargo & Co.WFC33.6234.5533.5234.1020.5M
AT&T Inc.T37.0437.2036.6836.9417.4M
JPMorgan ChaseJPM47.1448.1947.1447.7015.8M
Wal-Mart StoresWMT45.7546.1645.4946.0013.3M
HP Inc.HPQ39.6839.8639.4639.7012.8M
Procter & GamblePG61.5662.0561.2561.9112.7M
Verizon CommunicationsVZ36.0736.4135.8936.3611.5M
Bristol-Myers SquibbBMY26.9427.1426.8127.1211.3M
Abbott LaboratoriesABT53.6754.0053.3353.6310.5M
Home DepotHD37.4637.8037.2237.4910.2M
Johnson & JohnsonJNJ60.7060.8160.3560.5310.1M
Walt Disney & Co.DIS33.8134.0933.7433.7910.1M
UnitedHealth GroupUNH53.3754.2353.1854.056.51M
International Business MachinesIBM93.4093.9793.1093.455.91M
United TechnologiesUTX64.6664.8564.1164.403.97M
Gilead SciencesGILD69.6670.2369.3670.123.72M
Union PacificUNP97.5799.6097.4398.681.73M
Berkshire HathawayBRK.B3579.003579.003548.003550.008.5K
Exchange Rates of March 15th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.570 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.177 CAD1 CAD = 0.850 USD
US DollarSwiss Franc1 USD = 1.217 CHF1 CHF = 0.821 USD
US DollarChinese Yuan1 USD = 7.744 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 155.640 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.464 EUR
EuroAustralian Dollar1 EUR = 1.676 AUD1 AUD = 0.597 EUR
EuroCanadian Dollar1 EUR = 1.558 CAD1 CAD = 0.642 EUR
EuroSwiss Franc1 EUR = 1.611 CHF1 CHF = 0.621 EUR
Japanese YenPound Sterling1 JPY = 0.439 GBP1 GBP = 2.279 JPY
Japanese YenAustralian Dollar1 JPY = 1.076 AUD1 AUD = 0.929 JPY
Japanese YenCanadian Dollar1 JPY = 1.001 CAD1 CAD = 0.999 JPY
Japanese YenSwiss Franc1 JPY = 1.035 CHF1 CHF = 0.966 JPY
Pound SterlingAustralian Dollar1 GBP = 2.454 AUD1 AUD = 0.408 GBP
Pound SterlingCanadian Dollar1 GBP = 2.280 CAD1 CAD = 0.439 GBP
Pound SterlingSwiss Franc1 GBP = 2.358 CHF1 CHF = 0.424 GBP
Australian DollarCanadian Dollar1 AUD = 0.929 CAD1 CAD = 1.077 AUD
Australian DollarSwiss Franc1 AUD = 0.961 CHF1 CHF = 1.041 AUD
Canadian DollarSwiss Franc1 CAD = 1.034 CHF1 CHF = 0.967 CAD

See what else happened on March 15th, 2007