Financial news on March 19, 2007

Business and Financial news
A Fee Per Song Can Ruin Us, Internet Radio Companies Say

Internet radio companies say a recent decision by the Copyright Royalty Board would make it impossible for them to stay afloat. Read more..

By ROBERT LEVINE - The New York Times

Hot but Virtuous Is an Unlikely Match for an Online Dating Service

In part because of its provocative ads, True.com has become one of the most popular and controversial sites in the online dating industry. Read more..

By BRAD STONE - The New York Times

Lycos, Early Search Engine, in a U.S. Remake as Jubii

Lycos Europe is remaking itself for the U.S. market using the brand and services of Jubii, its Danish search and community business. Read more..

By VICTORIA SHANNON - The New York Times

Pet Food Is Recalled After Link to Animal Deaths

The recall involves more than 60 million cans of dog and cat food sold under dozens of brand names. Read more..

By SAUL HANSELL - The New York Times

Prominent UBS Executive to Leave

The president of UBS’s investment bank who helped turn the Swiss bank into a mergers and acquisitions giant, is said to be leaving the firm. Read more..

By ANDREW ROSS SORKIN and MICHAEL J. DE LA MERCED - The New York Times

Researchers Track Down a Plague of Fake Web Pages

Microsoft researchers say they have traced the companies and techniques behind thousands of spam Web pages. Read more..

By JOHN MARKOFF - The New York Times

Sun-Times Settles With Ex-Officer

A business partner of Conrad M. Black and three companies will pay $63.4 million to settle with the Sun-Times Media Group. Read more..

By BLOOMBERG NEWS - The New York Times

The Week Ahead

FED MEETING The Federal Reserve Open Market Committee will conduct a two-day meeting, to conclude Wednesday. It is expected to keep the benchmark interest rate steady at 5.25 percent, as it has since June, but analysts will be looking closely at i... Read more..

By THE NEW YORK TIMES - The New York Times

Tilting Hollywood’s Balance of Power to Talent Agency Clients

A fledgling film-financing company may give filmmakers and stars more earning power and ownership of their projects. Read more..

By MICHAEL CIEPLY - The New York Times

Viacom’s Full-Court Press for Online Ads

Video advertising is the fastest-growing advertising category online, and Viacom is investing aggressively. Read more..

By LOUISE STORY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 19.20 19.28 18.95 19.11 59.1M
Microsoft MSFT 27.34 27.83 27.20 27.83 49.4M
Cisco Systems CSCO 26.19 26.37 26.00 26.30 37.5M
Oracle Corp. ORCL 16.83 17.23 16.83 17.18 29.5M
Pfizer PFE 25.07 25.36 24.95 25.36 27.7M
General Electric GE 34.50 34.67 34.43 34.67 26.5M
Apple AAPL 90.24 91.55 89.59 91.13 25.5M
ExxonMobil XOM 70.12 71.18 70.11 71.10 23.2M
AT&T Inc. T 37.17 37.80 37.13 37.58 21.3M
ConocoPhillips COP 65.64 66.16 65.11 65.65 19.4M
Altria MO 83.61 85.36 83.45 85.22 19.1M
JPMorgan Chase JPM 47.20 47.80 47.16 47.58 14.4M
Chevron CVX 68.58 69.75 68.52 69.38 14M
Wells Fargo & Co. WFC 34.30 34.44 34.09 34.25 12.4M
Amgen AMGN 59.75 59.75 59.00 59.14 12.4M
Abbott Laboratories ABT 53.02 53.28 52.88 53.18 12.3M
Wal-Mart Stores WMT 46.50 46.82 46.38 46.59 12.1M
Comcast CMCSA 25.50 25.91 25.50 25.90 11.7M
HP Inc. HPQ 40.00 40.32 39.92 40.21 11.1M
Merck MRK 43.34 43.70 43.11 43.42 11M
Johnson & Johnson JNJ 60.56 60.80 60.37 60.73 10.4M
Alphabet GOOGL 443.25 448.50 440.63 447.23 10.4M
Home Depot HD 37.63 37.78 37.36 37.72 9.4M
Verizon Communications VZ 36.45 36.83 36.42 36.75 8.38M
Schlumberger SLB 65.17 66.55 65.17 66.24 8.08M
Walt Disney & Co. DIS 33.87 34.12 33.81 34.09 7.91M
Coca-Cola KO 47.34 47.50 47.04 47.33 7.76M
UnitedHealth Group UNH 53.54 54.52 53.33 54.30 7.73M
Bristol-Myers Squibb BMY 27.00 27.11 26.73 26.94 6.75M
Procter & Gamble PG 61.72 62.15 61.71 61.98 5.65M
Pepsico PEP 62.81 63.20 62.75 62.84 5.51M
McDonald's MCD 43.65 44.24 43.65 43.87 4.98M
International Business Machines IBM 93.95 94.32 93.39 93.99 4.57M
Amazon AMZN 38.00 38.54 38.00 38.45 4.23M
Boeing BA 90.50 90.95 89.90 90.32 3.57M
United Technologies UTX 65.38 65.65 64.93 65.07 3.35M
Gilead Sciences GILD 69.98 71.27 69.47 70.77 3.26M
3M MMM 75.54 76.46 75.50 76.36 3.2M
Union Pacific UNP 99.59 100.39 98.87 99.61 2.64M
Berkshire Hathaway BRK.B 3536.00 3605.50 3536.00 3599.00 15.3K
Exchange Rates of March 19, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.520 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.177 CAD 1 CAD = 0.850 USD
US Dollar Swiss Franc 1 USD = 1.212 CHF 1 CHF = 0.825 USD
US Dollar Chinese Yuan 1 USD = 7.736 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 156.340 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.684 GBP 1 GBP = 1.462 EUR
Euro Australian Dollar 1 EUR = 1.662 AUD 1 AUD = 0.602 EUR
Euro Canadian Dollar 1 EUR = 1.565 CAD 1 CAD = 0.639 EUR
Euro Swiss Franc 1 EUR = 1.613 CHF 1 CHF = 0.620 EUR
Japanese Yen Pound Sterling 1 JPY = 0.437 GBP 1 GBP = 2.287 JPY
Japanese Yen Australian Dollar 1 JPY = 1.063 AUD 1 AUD = 0.941 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.001 CAD 1 CAD = 0.999 JPY
Japanese Yen Swiss Franc 1 JPY = 1.031 CHF 1 CHF = 0.970 JPY
Pound Sterling Australian Dollar 1 GBP = 2.430 AUD 1 AUD = 0.412 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.289 CAD 1 CAD = 0.437 GBP
Pound Sterling Swiss Franc 1 GBP = 2.357 CHF 1 CHF = 0.424 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.941 CAD 1 CAD = 1.062 AUD
Australian Dollar Swiss Franc 1 AUD = 0.969 CHF 1 CHF = 1.032 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.030 CHF 1 CHF = 0.971 CAD

See what else happened on March 19, 2007