Financial news on March 21, 2007
Business and Financial news
Playa Vista, the last large undeveloped tract on the West Side, was envisioned as a place where people could live, work, shop and play without leaving their neighborhood. Read more..
The elegance of a logic puzzle is determined by the ratio of two things: the simplicity of its rules versus the variety and depth of logic needed to solve it. Read more..
China’s securities regulator barred companies from using proceeds from share sales to invest in stocks in an attempt to damp speculative buying. Companies are also banned from buying derivatives and convertible bonds with share sale proceeds... Read more..
Toshiba and Hynix Semiconductor agreed to end patent disputes over flash memory chips used to store data in electronic devices like digital cameras and MP3 players. Financial terms were not disclosed. Each company will get a license to the other&#... Read more..
Consumer Reports said its quest for independence kept it from reaching out to experts who might have helped it avoid one of its biggest mistakes. Read more..
Americans seem to take on more of it than any other society, but, boy, do we like to beat ourselves up about it. Read more..
With big names putting up luxury apartment buildings, developers are now focused on a mixed-use area near the city center. Read more..
The Russian state oil company Rosneft has lined up $22 billion in financing from a consortium of Western banks to buy assets from its bankrupt rival. Read more..
Two different portraits of Conrad M. Black were presented in opening arguments at the criminal trial against the former newspaper baron. Read more..
The Bush administration has been warning energy companies that penalties are possible if they pursue oil and gas deals with Iran. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Oracle Corp. | ORCL | 18.31 | 18.39 | 17.78 | 18.17 | 95.2M |
| Microsoft | MSFT | 27.90 | 28.52 | 27.56 | 28.52 | 72.8M |
| Intel | INTC | 19.05 | 19.36 | 18.91 | 19.34 | 61.5M |
| General Electric | GE | 34.78 | 35.70 | 34.73 | 35.48 | 50.4M |
| Cisco Systems | CSCO | 26.40 | 26.79 | 26.06 | 26.79 | 44.3M |
| AT&T Inc. | T | 37.82 | 39.08 | 37.10 | 38.86 | 33M |
| Pfizer | PFE | 25.47 | 25.86 | 25.26 | 25.85 | 29.8M |
| ExxonMobil | XOM | 72.25 | 73.33 | 71.87 | 73.23 | 28.8M |
| Apple | AAPL | 91.99 | 94.00 | 91.65 | 93.87 | 24.5M |
| JPMorgan Chase | JPM | 47.81 | 49.65 | 47.81 | 49.05 | 20.7M |
| Altria | MO | 85.55 | 86.25 | 85.15 | 86.10 | 16.8M |
| Abbott Laboratories | ABT | 54.30 | 54.80 | 54.20 | 54.68 | 16.5M |
| Johnson & Johnson | JNJ | 61.07 | 61.32 | 60.48 | 61.22 | 16.3M |
| Wells Fargo & Co. | WFC | 34.66 | 35.56 | 34.33 | 35.48 | 16.1M |
| HP Inc. | HPQ | 39.73 | 40.46 | 39.57 | 40.19 | 15.6M |
| Home Depot | HD | 37.89 | 38.92 | 37.81 | 38.74 | 15.3M |
| ConocoPhillips | COP | 66.48 | 67.55 | 66.25 | 67.17 | 15M |
| Comcast | CMCSA | 26.28 | 26.85 | 26.01 | 26.85 | 14.8M |
| Wal-Mart Stores | WMT | 47.22 | 47.85 | 46.95 | 47.77 | 13.6M |
| UnitedHealth Group | UNH | 54.05 | 55.14 | 53.30 | 55.03 | 13.1M |
| Amgen | AMGN | 59.52 | 60.64 | 59.23 | 60.60 | 12.6M |
| Coca-Cola | KO | 47.70 | 48.35 | 47.37 | 48.26 | 12.2M |
| Walt Disney & Co. | DIS | 34.31 | 35.25 | 34.26 | 35.17 | 11.9M |
| Verizon Communications | VZ | 36.66 | 37.75 | 36.66 | 37.68 | 11.9M |
| Alphabet | GOOGL | 445.30 | 456.57 | 445.22 | 456.55 | 11.6M |
| Merck | MRK | 43.50 | 44.43 | 43.44 | 44.25 | 11.3M |
| Schlumberger | SLB | 66.11 | 68.50 | 65.90 | 67.92 | 10.7M |
| Chevron | CVX | 70.38 | 71.49 | 70.05 | 71.34 | 10.2M |
| Procter & Gamble | PG | 62.34 | 63.00 | 62.15 | 62.96 | 8.56M |
| Bristol-Myers Squibb | BMY | 27.05 | 27.76 | 26.82 | 27.71 | 7.75M |
| International Business Machines | IBM | 94.50 | 95.81 | 93.83 | 95.36 | 7.67M |
| Gilead Sciences | GILD | 72.85 | 74.41 | 72.06 | 74.41 | 6.42M |
| Amazon | AMZN | 38.55 | 39.80 | 38.31 | 39.80 | 5M |
| Pepsico | PEP | 63.22 | 64.30 | 63.18 | 64.18 | 4.8M |
| McDonald's | MCD | 44.27 | 44.70 | 43.82 | 44.61 | 4.55M |
| Boeing | BA | 90.16 | 90.95 | 89.45 | 90.80 | 4.23M |
| United Technologies | UTX | 65.49 | 66.48 | 65.40 | 66.18 | 3.93M |
| 3M | MMM | 76.25 | 77.06 | 76.05 | 76.90 | 3.09M |
| Union Pacific | UNP | 100.20 | 101.47 | 99.75 | 101.30 | 2.42M |
| Berkshire Hathaway | BRK.B | 3600.00 | 3644.00 | 3575.00 | 3644.00 | 20.2K |
Exchange Rates of March 21, 2007
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 117.500 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.156 CAD | 1 CAD = 0.865 USD |
| US Dollar | Swiss Franc | 1 USD = 1.210 CHF | 1 CHF = 0.827 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.735 CNY | 1 CNY = 0.129 USD |
| Euro | Japanese Yen | 1 EUR = 157.280 JPY | 1 JPY = 0.006 EUR |
| Euro | Pound Sterling | 1 EUR = 0.680 GBP | 1 GBP = 1.470 EUR |
| Euro | Australian Dollar | 1 EUR = 1.656 AUD | 1 AUD = 0.604 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.546 CAD | 1 CAD = 0.647 EUR |
| Euro | Swiss Franc | 1 EUR = 1.619 CHF | 1 CHF = 0.618 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.432 GBP | 1 GBP = 2.314 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.053 AUD | 1 AUD = 0.950 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.983 CAD | 1 CAD = 1.018 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.029 CHF | 1 CHF = 0.972 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.435 AUD | 1 AUD = 0.411 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.274 CAD | 1 CAD = 0.440 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.380 CHF | 1 CHF = 0.420 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.933 CAD | 1 CAD = 1.072 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.977 CHF | 1 CHF = 1.024 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.047 CHF | 1 CHF = 0.956 CAD |
See what else happened on March 21, 2007