Financial news on March 27, 2007

Business and Financial news
Citigroup to Cut at Least 10,000 in an Overhaul

The move is part of a broad effort to cut costs and streamline the bank’s unwieldy global operations. Read more..

By ERIC DASH and HEATHER TIMMONS - The New York Times

In London, a Trial Over an Anonymous Blog

Testimony has offered new insights into the hands-on style of the chief executive of the WPP Group, and the strong feelings it has sometimes produced. Read more..

By ERIC PFANNER - The New York Times

Intel to Build Advanced Chip-Making Plant in China

Intel has only seven other similar wafer fabrication facilities in the world, mostly in the western United States. Read more..

By DAVID BARBOZA - The New York Times

It Can Hold 853 Passengers, but Why Should You Share?

For some, an Airbus A380, the largest passenger plane, is just the right size for a private jet. Read more..

By JOE SHARKEY - The New York Times

Making Every Day a Sun Day

Making Every Day a Sun Day. Read more..

By STUART ELLIOTT - The New York Times

Memo Pad

TRAVEL COST MORE IN 2006 Average one-way domestic air fares paid by corporations, which dropped to a six-year low in 2005, rose last year to $231, the American Express Business Travel Monitor reported. Average one-way international fares continued... Read more..

By JOE SHARKEY - The New York Times

Robert Petersen, Publisher of Auto Buff Magazines, Dies at 80

Robert E. Petersen channeled his fervor for fast cars with tailfins and chrome-plated engines into a string of successful magazines. Read more..

By DENNIS HEVESI - The New York Times

Tough Days to Be a French Oilman

Total’s aggressive practices may have led to an investigation of the company’s chief executive. Read more..

By CRAIG S. SMITH - The New York Times

When the U.F.O.’s Land, It’s Time for a Long Nap

Business travel is a lot like space travel. The fatigue you experience is pretty much the same. Read more..

By MARK ROSEKIND - The New York Times

Yahoo to Offer a Network for Web Ads on Cellphones

The mobile ad network will allow marketers to place ads not only on Yahoo’s mobile services, but also on those of other online publishers. Read more..

By MIGUEL HELFT - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 28.04 28.16 27.65 27.72 59M
Intel INTC 19.25 19.27 19.04 19.06 50.3M
Cisco Systems CSCO 26.15 26.24 25.85 25.93 39.2M
Pfizer PFE 25.48 25.70 25.39 25.49 35.5M
Apple AAPL 95.71 96.83 95.00 95.46 33.3M
Oracle Corp. ORCL 18.35 18.50 18.35 18.49 33.1M
Abbott Laboratories ABT 56.83 57.23 56.42 56.60 29.7M
General Electric GE 35.80 35.90 35.66 35.79 29.7M
AT&T Inc. T 39.10 39.86 39.09 39.44 28.4M
ExxonMobil XOM 75.08 75.97 75.00 75.71 21.8M
Amgen AMGN 57.18 57.41 56.21 56.21 20M
UnitedHealth Group UNH 56.56 56.61 54.90 55.85 15.2M
Wells Fargo & Co. WFC 34.50 34.95 34.39 34.40 14.4M
Wal-Mart Stores WMT 47.57 47.80 47.03 47.49 13M
Home Depot HD 37.73 37.79 37.28 37.34 12.8M
Johnson & Johnson JNJ 60.10 60.21 59.98 60.03 12.7M
Walt Disney & Co. DIS 35.00 35.11 34.64 34.66 12.4M
Bristol-Myers Squibb BMY 27.80 27.94 27.52 27.80 12.3M
HP Inc. HPQ 40.20 40.37 40.10 40.23 11.9M
Verizon Communications VZ 37.69 37.95 37.55 37.69 11.8M
JPMorgan Chase JPM 48.59 48.67 48.35 48.57 11.2M
ConocoPhillips COP 69.31 69.73 69.00 69.48 11M
Altria MO 84.50 85.45 84.42 85.08 10.8M
Comcast CMCSA 26.29 26.34 25.95 26.08 10.6M
Merck MRK 43.84 43.96 43.59 43.65 9.33M
Schlumberger SLB 68.92 70.10 68.49 69.86 8.64M
Chevron CVX 74.01 74.37 73.62 74.17 8.55M
Procter & Gamble PG 63.55 63.76 63.16 63.27 8.04M
Alphabet GOOGL 463.55 465.23 460.34 463.62 7.47M
Coca-Cola KO 48.00 48.17 47.85 48.02 6.62M
Pepsico PEP 63.50 63.50 62.87 62.95 6.6M
McDonald's MCD 44.87 45.19 44.82 45.04 4.72M
International Business Machines IBM 94.71 95.03 94.20 94.73 4.7M
United Technologies UTX 66.19 66.40 65.92 66.11 4.11M
Amazon AMZN 38.82 39.42 38.76 39.37 3.99M
Gilead Sciences GILD 75.01 75.30 74.51 75.00 2.97M
3M MMM 77.44 77.47 76.81 77.17 2.69M
Boeing BA 90.60 91.00 90.00 90.52 2.69M
Union Pacific UNP 102.50 102.60 100.75 100.94 1.67M
Berkshire Hathaway BRK.B 3610.00 3610.00 3570.50 3605.00 11.2K
Exchange Rates of March 27, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 117.800 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.157 CAD 1 CAD = 0.864 USD
US Dollar Swiss Franc 1 USD = 1.213 CHF 1 CHF = 0.824 USD
US Dollar Chinese Yuan 1 USD = 7.734 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 157.280 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.473 EUR
Euro Australian Dollar 1 EUR = 1.651 AUD 1 AUD = 0.606 EUR
Euro Canadian Dollar 1 EUR = 1.544 CAD 1 CAD = 0.648 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 = 2.317 JPY
Japanese Yen Australian Dollar 1 JPY = 1.050 AUD 1 AUD = 0.953 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.982 CAD 1 CAD = 1.019 JPY
Japanese Yen Swiss Franc 1 JPY = 1.029 CHF 1 CHF = 0.971 JPY
Pound Sterling Australian Dollar 1 GBP = 2.432 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 = 2.384 CHF 1 CHF = 0.419 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.935 CAD 1 CAD = 1.070 AUD
Australian Dollar Swiss Franc 1 AUD = 0.980 CHF 1 CHF = 1.020 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.048 CHF 1 CHF = 0.954 CAD

See what else happened on March 27, 2007