Financial news on March 20th, 2007

Business and Financial news
Barclays Confirms Talks to Buy Big Dutch Rival

The British bank confirmed that it was in exclusive talks with ABN Amro Holding about a possible takeover that could be the biggest in the financial services industry. Read more..

By JULIA WERDIGIER - The New York Times

Mini-Clinic and Pharmacy Right There in Terminal C

Harmony Pharmacy and Health Center, opening on Thursday at Newark Liberty International Airport, will be the first such retail service at an airport in the United States. Read more..

By JOE SHARKEY - The New York Times

MySpace Restrictions Upset Some Users

MySpace, the Web’s largest social network, has gradually been imposing limits on the software tools that users can embed in their pages. Read more..

By BRAD STONE - The New York Times

Packing 100 Pairs of Shoes

Delivering shoes to people in the developing world proves to be an adventurous, and sometimes dangerous, job. Read more..

By Paul Wilson, as told to Christopher Elliott - The New York Times

State Farm Skirts Judge in New Hurricane Plan

Mississippi’s largest insurer said it would work through state regulators to speed the flow of money to storm victims, losing the court’s oversight. Read more..

By JOSEPH B. TREASTER - The New York Times

Two Directors of Home Depot Will Not Seek Re-election

The company gave no reason for the departures nor did it say if the company had chosen successors for the directors. Read more..

By JULIE CRESWELL - The New York Times

Two Members of Home Depot Board Will Not Stand for Re-Election

The board has been working to regain investors' trust after coming under fire for the sky-high compensation package paid to former chief executive Robert Nardelli. Read more..

By JULIE CRESWELL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL17.2517.7017.1417.5565.8M
Cisco SystemsCSCO26.3326.4826.1026.3444M
General ElectricGE34.6334.8534.5034.7728.3M
HP Inc.HPQ40.1040.2539.5639.6122M
Abbott LaboratoriesABT53.2454.4853.0354.4817.5M
AT&T Inc.T37.5338.0437.3737.9117M
Wal-Mart StoresWMT46.4847.4046.4447.3015.3M
JPMorgan ChaseJPM47.5147.8847.3347.7514.5M
Home DepotHD37.6538.0037.5037.9311.1M
Wells Fargo & Co.WFC34.2534.6734.2034.6110.1M
Verizon CommunicationsVZ36.6737.0036.4536.989.99M
Johnson & JohnsonJNJ60.7861.3460.6561.079.87M
UnitedHealth GroupUNH54.3054.9153.8854.109.08M
Bristol-Myers SquibbBMY26.9427.4626.8227.158.33M
Walt Disney & Co.DIS34.0534.4333.9734.387.29M
Gilead SciencesGILD72.2573.5872.2572.816.82M
Procter & GamblePG61.9862.3461.8062.286.52M
International Business MachinesIBM94.0094.5393.5594.504.56M
Union PacificUNP99.61100.8999.29100.443.16M
United TechnologiesUTX65.2865.3464.7665.242.64M
Berkshire HathawayBRK.B3592.003602.003555.003599.0014.5K
Exchange Rates of March 20th, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.270 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.161 CAD1 CAD = 0.861 USD
US DollarSwiss Franc1 USD = 1.212 CHF1 CHF = 0.825 USD
US DollarChinese Yuan1 USD = 7.737 CNY1 CNY = 0.129 USD
EuroJapanese Yen1 EUR = 156.170 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.679 GBP1 GBP = 1.473 EUR
EuroAustralian Dollar1 EUR = 1.657 AUD1 AUD = 0.604 EUR
EuroCanadian Dollar1 EUR = 1.547 CAD1 CAD = 0.647 EUR
EuroSwiss Franc1 EUR = 1.614 CHF1 CHF = 0.620 EUR
Japanese YenPound Sterling1 JPY = 0.434 GBP1 GBP = 2.302 JPY
Japanese YenAustralian Dollar1 JPY = 1.060 AUD1 AUD = 0.943 JPY
Japanese YenCanadian Dollar1 JPY = 0.990 CAD1 CAD = 1.010 JPY
Japanese YenSwiss Franc1 JPY = 1.033 CHF1 CHF = 0.968 JPY
Pound SterlingAustralian Dollar1 GBP = 2.441 AUD1 AUD = 0.410 GBP
Pound SterlingCanadian Dollar1 GBP = 2.278 CAD1 CAD = 0.439 GBP
Pound SterlingSwiss Franc1 GBP = 2.376 CHF1 CHF = 0.421 GBP
Australian DollarCanadian Dollar1 AUD = 0.933 CAD1 CAD = 1.072 AUD
Australian DollarSwiss Franc1 AUD = 0.973 CHF1 CHF = 1.028 AUD
Canadian DollarSwiss Franc1 CAD = 1.043 CHF1 CHF = 0.959 CAD

See what else happened on March 20th, 2007