Financial news on February 27, 2007
Business and Financial news
The parent company of the aircraft maker Airbus said its board had approved a turnaround plan, one week after shareholders were asked to overcome narrow national issues. Read more..
Bees have been disappearing at an alarming rate in 24 states, threatening the production of numerous crops. Read more..
Joost, the new Web video venture of Niklas Zennstrom and Janus Friis, has struck the mother lode of television programming through its deal with Viacom. Read more..
Prices for raw materials had languished for years, but the sector is now trying to meet global demand for iron, copper and other key commodities. Read more..
HIGH FLYING More people are going abroad in style. International premium travel — that is, first-class and business-class flying — grew 4.3 percent last year compared with 2005, according to the International Air Transport Association. P... Read more..
The governor of Mississippi is expected to announce that his state will be the site of Toyota’s eighth assembly plant in the United States. Read more..
Station Casinos Inc., which owns 12 casinos in the Las Vegas area, agreed yesterday to a sweetened $5.4 billion takeover bid from the founder’s family and a buyout firm. Read more..
Tiffany & Company said yesterday that it would consider suggestions on strategy from Trian Fund Management, a New York investment firm that has become its largest shareholder. The company’s stock price rose more than 5 percent, reaching ... Read more..
WellPoint, the nation’s largest health insurer, has picked Angela F. Braly, its general counsel and government affairs strategist, to become its next chief executive. Read more..
Values are reported in US Dollars
|Johnson & Johnson||JNJ||64.00||64.24||62.72||63.05||18.6M|
|Procter & Gamble||PG||64.37||64.73||61.25||61.25||16.5M|
|Wells Fargo & Co.||WFC||35.15||35.50||33.80||34.39||15.7M|
|Walt Disney & Co.||DIS||34.75||35.00||32.65||33.10||15.2M|
|International Business Machines||IBM||96.00||96.01||92.88||93.96||12M|
Exchange Rates of February 27, 2007
|US Dollar||Japanese Yen||1 USD = 117.920 JPY||1 JPY = 0.008 USD|
|US Dollar||Canadian Dollar||1 USD = 1.167 CAD||1 CAD = 0.857 USD|
|US Dollar||Swiss Franc||1 USD = 1.218 CHF||1 CHF = 0.821 USD|
|US Dollar||Chinese Yuan||1 USD = 7.741 CNY||1 CNY = 0.129 USD|
|Euro||Japanese Yen||1 EUR = 156.130 JPY||1 JPY = 0.006 EUR|
|Euro||Pound Sterling||1 EUR = 0.675 GBP||1 GBP = 1.482 EUR|
|Euro||Australian Dollar||1 EUR = 1.680 AUD||1 AUD = 0.595 EUR|
|Euro||Canadian Dollar||1 EUR = 1.545 CAD||1 CAD = 0.647 EUR|
|Euro||Swiss Franc||1 EUR = 1.612 CHF||1 CHF = 0.620 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.432 GBP||1 GBP = 2.315 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.076 AUD||1 AUD = 0.930 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 0.989 CAD||1 CAD = 1.011 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.032 CHF||1 CHF = 0.969 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2.491 AUD||1 AUD = 0.401 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 2.290 CAD||1 CAD = 0.437 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.389 CHF||1 CHF = 0.419 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.919 CAD||1 CAD = 1.089 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.959 CHF||1 CHF = 1.043 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 1.043 CHF||1 CHF = 0.959 CAD|