Financial news on March 24, 2008

Business and Financial news
Newspapers’ New Owners Turn Grim

Smart businesspeople who appointed themselves as life savers for newspapers are finding it more difficult than they thought to keep their businesses afloat. Read more..

By DAVID CARR - The New York Times

Regal, Like AMC, to Add Imax Screens

The Regal Entertainment Group, which owns the nation’s largest movie theater chain, will work with the Imax Corporation to open 31 new, large-format outlets. Read more..

By BROOKS BARNES - The New York Times

Wall St. Cheers Bear Deal and Housing Data

Shares soared after weekend negotiations salvaged the bailout of Bear Stearns and housing sales snapped a long streak of declines. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Wall St. Journal to Make Over Popular Section

The Wall Street Journal’s transition to more breaking news and shorter articles will include a makeover of its Marketplace section, editors and reporters there said. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
JPMorgan Chase JPM 45.42 48.16 45.02 46.55 66M
Cisco Systems CSCO 24.92 25.99 24.90 25.64 55M
Intel INTC 21.76 22.45 21.75 22.13 53.8M
Microsoft MSFT 29.33 29.40 29.06 29.17 48.3M
General Electric GE 37.63 37.67 37.04 37.40 47M
Wells Fargo & Co. WFC 32.39 33.53 32.00 32.09 45.2M
Apple AAPL 134.01 140.85 133.64 139.53 38.1M
Visa V 67.24 67.70 59.00 59.73 37.4M
Pfizer PFE 20.79 20.82 20.48 20.61 35.7M
Oracle Corp. ORCL 20.42 20.91 20.37 20.77 34.5M
Home Depot HD 28.13 30.00 28.13 29.26 25.2M
ExxonMobil XOM 85.12 86.95 85.04 85.95 22.3M
Wal-Mart Stores WMT 53.52 54.15 53.23 53.63 22.2M
Comcast CMCSA 19.41 20.36 19.30 20.21 21.6M
AT&T Inc. T 36.93 38.26 36.90 38.03 21.3M
Merck MRK 43.71 44.78 43.26 44.25 17.5M
HP Inc. HPQ 46.71 48.48 46.29 47.93 16.6M
Alphabet GOOGL 438.43 465.78 437.72 460.56 13.5M
Verizon Communications VZ 36.60 37.28 36.18 36.97 13.1M
ConocoPhillips COP 75.00 76.77 74.41 75.60 12M
Abbott Laboratories ABT 55.79 55.89 54.92 55.43 11.8M
Amgen AMGN 40.03 41.20 39.90 40.98 10.9M
Walt Disney & Co. DIS 32.00 32.16 31.80 32.04 10.5M
Procter & Gamble PG 69.53 70.00 69.06 69.97 10.1M
Altria MO 71.26 72.08 71.26 71.68 9.98M
Chevron CVX 83.38 84.79 82.92 84.01 9.97M
Bristol-Myers Squibb BMY 21.50 21.60 21.21 21.27 9.91M
Johnson & Johnson JNJ 65.38 65.54 64.64 64.89 9.89M
Amazon AMZN 73.82 76.93 72.75 75.95 9.4M
Gilead Sciences GILD 48.00 49.94 48.00 49.61 8.8M
International Business Machines IBM 118.57 119.79 118.13 119.06 8.4M
McDonald's MCD 54.49 56.00 54.40 55.77 7.87M
Schlumberger SLB 80.81 82.78 80.45 81.27 7.5M
UnitedHealth Group UNH 35.59 36.00 35.31 35.71 7.29M
Coca-Cola KO 61.25 61.50 60.54 61.18 7.02M
Boeing BA 75.25 76.48 74.79 76.29 4.85M
Pepsico PEP 71.26 71.92 70.86 71.45 4.58M
3M MMM 78.15 79.21 77.91 78.64 4.34M
United Technologies UTX 69.42 70.70 69.20 70.34 4.32M
Union Pacific UNP 122.80 127.12 122.42 125.56 2.63M
Berkshire Hathaway BRK.B 4377.00 4397.00 4321.00 4341.00 22.2K
Exchange Rates of March 24, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 100.570 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.017 CAD 1 CAD = 0.983 USD
US Dollar Swiss Franc 1 USD = 1.019 CHF 1 CHF = 0.982 USD
US Dollar Chinese Yuan 1 USD = 7.056 CNY 1 CNY = 0.142 USD
Euro Japanese Yen 1 EUR = 155.210 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.776 GBP 1 GBP = 1.288 EUR
Euro Australian Dollar 1 EUR = 1.700 AUD 1 AUD = 0.588 EUR
Euro Canadian Dollar 1 EUR = 1.569 CAD 1 CAD = 0.637 EUR
Euro Swiss Franc 1 EUR = 1.572 CHF 1 CHF = 0.636 EUR
Japanese Yen Pound Sterling 1 JPY = 0.500 GBP 1 GBP = 2.000 JPY
Japanese Yen Australian Dollar 1 JPY = 1.095 AUD 1 AUD = 0.914 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.011 CAD 1 CAD = 0.990 JPY
Japanese Yen Swiss Franc 1 JPY = 1.013 CHF 1 CHF = 0.987 JPY
Pound Sterling Australian Dollar 1 GBP = 2.190 AUD 1 AUD = 0.457 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.021 CAD 1 CAD = 0.495 GBP
Pound Sterling Swiss Franc 1 GBP = 2.025 CHF 1 CHF = 0.494 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.923 CAD 1 CAD = 1.084 AUD
Australian Dollar Swiss Franc 1 AUD = 0.924 CHF 1 CHF = 1.082 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.002 CHF 1 CHF = 0.998 CAD

See what else happened on March 24, 2008