Financial news on March 20th, 2008

Business and Financial news
2 Witnesses Tell Court of Threats by Detective

In some of the most colorful testimony so far in the Hollywood wiretapping trial, the actress Linda Doucett accused the private eye Anthony Pellicano of threatening them. Read more..

By DAVID M. HALBFINGER - The New York Times

At Bear Stearns, Meet the New Boss

James Dimon, the chairman and chief executive of JPMorgan Chase, attempted to win over executives at Bear Stearns who have vowed to fight his offer. Read more..

By LANDON THOMAS Jr. and ERIC DASH - The New York Times

Rival Decides Not to Buy Société Générale

Speculation that BNP Paribas might bid for Société Générale had simmered for weeks after the disclosure that a trader had exposed the bank to huge risk through unauthorized speculative bets. Read more..

By NICOLA CLARK - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE36.5737.7435.5937.49111M
JPMorgan ChaseJPM42.9146.4542.4745.9772.8M
Cisco SystemsCSCO24.6024.9324.3324.7770.9M
Wells Fargo & Co.WFC30.8332.8030.5832.5547.7M
Oracle Corp.ORCL19.8620.1719.5620.0845.4M
Wal-Mart StoresWMT50.9353.4950.7853.2344.5M
AT&T Inc.T36.4737.0035.2536.8533.3M
HP Inc.HPQ47.3447.3446.2046.5028.3M
Abbott LaboratoriesABT54.7555.7854.3955.6625.4M
Home DepotHD26.9728.1726.8428.0622.2M
Verizon CommunicationsVZ35.9136.3035.1036.1219.4M
Procter & GamblePG68.4969.3967.8169.3716.5M
Walt Disney & Co.DIS31.4031.9831.2431.9013.8M
UnitedHealth GroupUNH35.5535.7334.8435.3212.7M
Bristol-Myers SquibbBMY21.6021.7221.1921.4612.4M
International Business MachinesIBM117.60118.48116.65118.3311.4M
Johnson & JohnsonJNJ65.2565.4664.8965.3810.4M
Gilead SciencesGILD48.2848.4647.0548.4310M
United TechnologiesUTX69.1069.6868.1469.016.41M
Union PacificUNP124.02124.45118.25122.066.01M
Berkshire HathawayBRK.B4265.004350.004251.004348.0029.7K
Exchange Rates of March 20th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 99.300 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.024 CAD1 CAD = 0.976 USD
US DollarSwiss Franc1 USD = 1.008 CHF1 CHF = 0.992 USD
US DollarChinese Yuan1 USD = 7.053 CNY1 CNY = 0.142 USD
EuroJapanese Yen1 EUR = 153.240 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.777 GBP1 GBP = 1.287 EUR
EuroAustralian Dollar1 EUR = 1.715 AUD1 AUD = 0.583 EUR
EuroCanadian Dollar1 EUR = 1.581 CAD1 CAD = 0.633 EUR
EuroSwiss Franc1 EUR = 1.555 CHF1 CHF = 0.643 EUR
Japanese YenPound Sterling1 JPY = 0.507 GBP1 GBP = 1.972 JPY
Japanese YenAustralian Dollar1 JPY = 1.118 AUD1 AUD = 0.894 JPY
Japanese YenCanadian Dollar1 JPY = 1.031 CAD1 CAD = 0.970 JPY
Japanese YenSwiss Franc1 JPY = 1.014 CHF1 CHF = 0.986 JPY
Pound SterlingAustralian Dollar1 GBP = 2.206 AUD1 AUD = 0.453 GBP
Pound SterlingCanadian Dollar1 GBP = 2.033 CAD1 CAD = 0.492 GBP
Pound SterlingSwiss Franc1 GBP = 2.000 CHF1 CHF = 0.500 GBP
Australian DollarCanadian Dollar1 AUD = 0.921 CAD1 CAD = 1.086 AUD
Australian DollarSwiss Franc1 AUD = 0.906 CHF1 CHF = 1.104 AUD
Canadian DollarSwiss Franc1 CAD = 0.983 CHF1 CHF = 1.017 CAD

See what else happened on March 20th, 2008