Financial news on March 25, 2008

Business and Financial news
Al Copeland, a Restaurateur Known for Spice and Speed, Dies at 64

Mr. Copeland made a fortune with the fried-chicken restaurant chain he started, Popeyes. Read more..

By DOUGLAS MARTIN - The New York Times

Canada: Paper Maker to Sell Bond

AbitibiBowater, North America’s largest newsprint maker, agreed to sell $350 million of convertible bonds to Fairfax Financial Holdings Ltd. Read more..

By BLOOMBERG NEWS - The New York Times

Finding New Inspiration on Business Trips

For some businesspeople, and not just artists, traveling is an integral part of the creative process. Read more..

By SHARON McDONNELL - The New York Times

Ford Nears Sale of Jaguar and Land Rover

The two car companies are expected to announce that Tata is buying Jaguar and Land Rover from Ford for about $2 billion, a person briefed on the negotiations said. Read more..

By HEATHER TIMMONS - The New York Times

Justice Dept. Approves XM Merger With Sirius

The Justice Department said the buyout of XM Satellite Radio by Sirius would not hurt competition or consumers. Read more..

By PHILIP SHENON - The New York Times

Small Firms Find Credit Is Tightening

The Small Business Administration has not said publicly that it is worried about a credit squeeze but signs point to a decline in business loans through its main program. Read more..

By ELIZABETH OLSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
JPMorgan Chase JPM 45.76 46.65 44.91 46.06 54.5M
Microsoft MSFT 29.33 29.37 28.94 29.14 49.1M
Intel INTC 22.32 22.40 22.03 22.27 48.2M
Cisco Systems CSCO 25.73 25.88 25.37 25.75 46.1M
General Electric GE 37.25 37.53 36.92 37.27 45.1M
Pfizer PFE 20.73 20.81 20.65 20.78 44.1M
Oracle Corp. ORCL 21.03 21.16 20.72 21.08 43.2M
Apple AAPL 139.96 143.10 137.33 140.98 37.6M
Wells Fargo & Co. WFC 32.04 32.48 31.35 32.06 27.5M
ExxonMobil XOM 86.26 86.38 84.33 85.20 27.1M
AT&T Inc. T 37.80 38.28 37.42 38.00 24.5M
Visa V 60.63 64.25 59.82 63.25 21.8M
ConocoPhillips COP 75.75 75.86 73.93 74.53 21.1M
Wal-Mart Stores WMT 53.63 53.71 52.91 53.05 20.3M
Comcast CMCSA 20.20 20.63 20.09 20.54 19.4M
Home Depot HD 29.10 29.46 28.30 28.76 18.5M
Verizon Communications VZ 37.00 37.06 36.08 36.90 15.6M
Merck MRK 44.35 45.00 44.25 44.67 13.4M
Altria MO 72.01 73.33 71.52 73.33 13.1M
Abbott Laboratories ABT 55.34 55.90 54.41 54.53 12.8M
Chevron CVX 84.55 84.84 83.71 84.54 12.1M
Alphabet GOOGL 457.46 457.47 446.00 450.78 11.7M
Gilead Sciences GILD 50.21 51.45 49.71 51.01 11.2M
Bristol-Myers Squibb BMY 21.30 21.66 21.27 21.60 11.1M
Procter & Gamble PG 69.90 69.98 69.32 69.54 10.6M
HP Inc. HPQ 47.85 48.47 47.60 48.26 10.5M
Amgen AMGN 41.23 41.49 40.59 40.84 10M
Schlumberger SLB 81.82 83.34 81.36 82.64 9.75M
UnitedHealth Group UNH 35.37 35.48 34.81 35.28 9.61M
Johnson & Johnson JNJ 64.92 65.14 64.35 64.55 9.51M
Walt Disney & Co. DIS 32.15 32.24 31.84 32.08 8.55M
International Business Machines IBM 119.10 119.10 117.15 117.97 8.44M
Coca-Cola KO 61.18 61.82 61.07 61.41 7.65M
McDonald's MCD 55.67 56.51 55.36 56.20 7.56M
Amazon AMZN 75.83 76.29 74.05 75.17 6.33M
Boeing BA 76.88 76.88 75.14 75.90 5.97M
Pepsico PEP 71.60 72.21 71.19 71.54 4.78M
United Technologies UTX 70.42 70.60 69.55 70.16 4.62M
3M MMM 78.80 79.25 78.27 78.98 3.89M
Union Pacific UNP 125.93 130.00 125.20 129.01 2.82M
Berkshire Hathaway BRK.B 4355.00 4378.00 4300.00 4300.00 23.2K
Exchange Rates of March 25, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99.980 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.016 CAD 1 CAD = 0.984 USD
US Dollar Swiss Franc 1 USD = 1.005 CHF 1 CHF = 0.995 USD
US Dollar Chinese Yuan 1 USD = 7.052 CNY 1 CNY = 0.142 USD
Euro Japanese Yen 1 EUR = 156.470 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.780 GBP 1 GBP = 1.282 EUR
Euro Australian Dollar 1 EUR = 1.705 AUD 1 AUD = 0.587 EUR
Euro Canadian Dollar 1 EUR = 1.590 CAD 1 CAD = 0.629 EUR
Euro Swiss Franc 1 EUR = 1.573 CHF 1 CHF = 0.636 EUR
Japanese Yen Pound Sterling 1 JPY = 0.498 GBP 1 GBP = 2.007 JPY
Japanese Yen Australian Dollar 1 JPY = 1.089 AUD 1 AUD = 0.918 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.016 CAD 1 CAD = 0.984 JPY
Japanese Yen Swiss Franc 1 JPY = 1.005 CHF 1 CHF = 0.995 JPY
Pound Sterling Australian Dollar 1 GBP = 2.186 AUD 1 AUD = 0.458 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.039 CAD 1 CAD = 0.491 GBP
Pound Sterling Swiss Franc 1 GBP = 2.016 CHF 1 CHF = 0.496 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.932 CAD 1 CAD = 1.073 AUD
Australian Dollar Swiss Franc 1 AUD = 0.922 CHF 1 CHF = 1.085 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.989 CHF 1 CHF = 1.012 CAD

See what else happened on March 25, 2008