Financial news on March 25th, 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

StockTicker symbolOpenHighLowCloseVolume
JPMorgan ChaseJPM45,7646,6544,9146,0654.5M
Cisco SystemsCSCO25,7325,8825,3725,7546.1M
General ElectricGE37,2537,5336,9237,2745.1M
Oracle Corp.ORCL21,0321,1620,7221,0843.2M
Wells Fargo & Co.WFC32,0432,4831,3532,0627.5M
AT&T Inc.T37,8038,2837,4238,0024.5M
Wal-Mart StoresWMT53,6353,7152,9153,0520.3M
Home DepotHD29,1029,4628,3028,7618.5M
Verizon CommunicationsVZ37,0037,0636,0836,9015.6M
Abbott LaboratoriesABT55,3455,9054,4154,5312.8M
Gilead SciencesGILD50,2151,4549,7151,0111.2M
Bristol-Myers SquibbBMY21,3021,6621,2721,6011.1M
Procter & GamblePG69,9069,9869,3269,5410.6M
HP Inc.HPQ47,8548,4747,6048,2610.5M
UnitedHealth GroupUNH35,3735,4834,8135,289.61M
Johnson & JohnsonJNJ64,9265,1464,3564,559.51M
Walt Disney & Co.DIS32,1532,2431,8432,088.55M
International Business MachinesIBM119,10119,10117,15117,978.44M
United TechnologiesUTX70,4270,6069,5570,164.62M
Union PacificUNP125,93130,00125,20129,012.82M
Berkshire HathawayBRK.B4355,004378,004300,004300,0023.2K
Exchange Rates of March 25th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 99,980 JPY1 JPY = 0,010 USD
US DollarCanadian Dollar1 USD = 1,016 CAD1 CAD = 0,984 USD
US DollarSwiss Franc1 USD = 1,005 CHF1 CHF = 0,995 USD
US DollarChinese Yuan1 USD = 7,052 CNY1 CNY = 0,142 USD
EuroJapanese Yen1 EUR = 156,470 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,780 GBP1 GBP = 1,282 EUR
EuroAustralian Dollar1 EUR = 1,705 AUD1 AUD = 0,587 EUR
EuroCanadian Dollar1 EUR = 1,590 CAD1 CAD = 0,629 EUR
EuroSwiss Franc1 EUR = 1,573 CHF1 CHF = 0,636 EUR
Japanese YenPound Sterling1 JPY = 0,498 GBP1 GBP = 2,007 JPY
Japanese YenAustralian Dollar1 JPY = 1,089 AUD1 AUD = 0,918 JPY
Japanese YenCanadian Dollar1 JPY = 1,016 CAD1 CAD = 0,984 JPY
Japanese YenSwiss Franc1 JPY = 1,005 CHF1 CHF = 0,995 JPY
Pound SterlingAustralian Dollar1 GBP = 2,186 AUD1 AUD = 0,458 GBP
Pound SterlingCanadian Dollar1 GBP = 2,039 CAD1 CAD = 0,491 GBP
Pound SterlingSwiss Franc1 GBP = 2,016 CHF1 CHF = 0,496 GBP
Australian DollarCanadian Dollar1 AUD = 0,932 CAD1 CAD = 1,073 AUD
Australian DollarSwiss Franc1 AUD = 0,922 CHF1 CHF = 1,085 AUD
Canadian DollarSwiss Franc1 CAD = 0,989 CHF1 CHF = 1,012 CAD

See what else happened on March 25th, 2008