Financial news on March 21, 2007

Business and Financial news
A Glimpse of a More Vertical Los Angeles

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..

By TERRY PRISTIN - The New York Times

A Rush of Excitement, From Filling in Empty Spaces to Completing a Large Loop

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..

By WILL SHORTZ - The New York Times

China: Restrictions Placed on Investments

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..

By BLOOMBERG NEWS - The New York Times

Chip Makers Settle Patent Dispute

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..

By BLOOMBERG NEWS - The New York Times

Magazine Will Begin Consulting With Experts

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..

By KATHARINE Q. SEELYE - The New York Times

Once Again, Debt Is Miscast as the Villain

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..

By DAVID LEONHARDT - The New York Times

Overlooked Area to Join the White Plains Boom

With big names putting up luxury apartment buildings, developers are now focused on a mixed-use area near the city center. Read more..

By SANA SIWOLOP - The New York Times

Russians Report Huge Loan to Buy More Assets of Yukos

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..

By ANDREW E. KRAMER - The New York Times

Trial Begins for Ex-Chief of Hollinger

Two different portraits of Conrad M. Black were presented in opening arguments at the criminal trial against the former newspaper baron. Read more..

By RICHARD SIKLOS - The New York Times

U.S. Cautions Foreign Companies on Iran Deals

The Bush administration has been warning energy companies that penalties are possible if they pursue oil and gas deals with Iran. Read more..

By STEVEN R. WEISMAN - The New York Times

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
CurrenciesExchange 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