Financial news on March 27th, 2008

Business and Financial news
All Nippon Is First to Order Jet Made in Japan

By placing an order for regional jets made by Mitsubishi Heavy Industries, All Nippon becomes the first customer for what could be the first new Japanese aircraft in a generation. Read more..

By DAVID JOLLY - The New York Times

American and Delta Ground More Than 200 Planes

American Airlines and Delta Air Lines said that more than 200 of their planes might not comply with F.A.A. rules for securing wire bundles. Read more..

By MATTHEW L. WALD - The New York Times

A One-Stop Site Offers All the Photo Functions, From Posting Online to Red-Eye Removal

Adobe’s new Photoshop Express site lets users group images into Web albums and then post them to popular social networking sites. Read more..

By J .D. BIERSDORFER - The New York Times

California Utility to Install Solar Panels

Southern California Edison plans to install solar panels on more than two square miles of rooftop, enough to power about 160,000 homes when the sun is shining. Read more..

By MATTHEW L. WALD - The New York Times

Inquiry Assails Accounting Firm in Lender’s Fall

An investigation into the failed subprime lender New Century Financial found that its accounting firm, KPMG, enabled “improper and imprudent practices.” Read more..

By VIKAS BAJAJ - The New York Times

Senators Seek Details About Bear Stearns Deal

Senators are demanding information about how the Federal Reserve arranged the $30 billion shotgun marriage of JPMorgan Chase and Bear Stearns. Read more..

By EDMUND L. ANDREWS - The New York Times

The Atlantic Hires Away Publisher of Wired

Jay Lauf will leave Condé Nast Publications to become vice president and publisher of The Atlantic. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Wireless Headset for Internet Phone Calls

The Logitech ClearChat wireless headset broadcasts over the 2.4-gigahertz band, just like many portable phones. Read more..

By ROY FURCHGOTT - The New York Times

With a 500-Gigabyte Drive, Every Song You Know Fits in Your Pocket With Room to Spare

The MiniStation TurboUSB from Buffalo Technology includes a security program called SecureLockWare and features Memeo’s AutoBackup for protecting data on Windows machines. Read more..

By JOHN BIGGS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL19.4819.7019.2519.43117M
Cisco SystemsCSCO24.6324.7624.1224.1856.6M
General ElectricGE37.2637.3536.7236.8337.3M
JPMorgan ChaseJPM44.2544.4942.8642.8632.2M
Wells Fargo & Co.WFC31.1631.2030.0530.2627M
Wal-Mart StoresWMT53.0253.2252.2852.3719M
AT&T Inc.T37.9438.2037.6037.6616.2M
Home DepotHD28.4928.6127.7627.7913.2M
HP Inc.HPQ47.2847.3446.4346.6412.2M
Procter & GamblePG69.8770.1069.3269.4111.9M
UnitedHealth GroupUNH34.1034.4133.8134.0011.7M
Verizon CommunicationsVZ36.3836.5335.9135.9610.9M
Abbott LaboratoriesABT54.2654.3653.4153.5510.8M
Johnson & JohnsonJNJ64.8565.2564.5264.6210.8M
Walt Disney & Co.DIS31.8931.9631.3131.389.57M
International Business MachinesIBM116.10116.20114.51115.528.44M
Bristol-Myers SquibbBMY21.3421.6021.2521.308.32M
Gilead SciencesGILD50.5250.8449.8449.986.87M
United TechnologiesUTX69.9470.5869.2769.414.29M
Union PacificUNP128.60128.75125.20125.581.95M
Berkshire HathawayBRK.B4300.004375.004278.004370.0020.2K
Exchange Rates of March 27th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 99.670 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.018 CAD1 CAD = 0.982 USD
US DollarSwiss Franc1 USD = 0.994 CHF1 CHF = 1.006 USD
US DollarChinese Yuan1 USD = 7.011 CNY1 CNY = 0.143 USD
EuroJapanese Yen1 EUR = 157.250 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.786 GBP1 GBP = 1.272 EUR
EuroAustralian Dollar1 EUR = 1.718 AUD1 AUD = 0.582 EUR
EuroCanadian Dollar1 EUR = 1.606 CAD1 CAD = 0.623 EUR
EuroSwiss Franc1 EUR = 1.568 CHF1 CHF = 0.638 EUR
Japanese YenPound Sterling1 JPY = 0.500 GBP1 GBP = 2.001 JPY
Japanese YenAustralian Dollar1 JPY = 1.092 AUD1 AUD = 0.916 JPY
Japanese YenCanadian Dollar1 JPY = 1.021 CAD1 CAD = 0.979 JPY
Japanese YenSwiss Franc1 JPY = 0.997 CHF1 CHF = 1.003 JPY
Pound SterlingAustralian Dollar1 GBP = 2.185 AUD1 AUD = 0.458 GBP
Pound SterlingCanadian Dollar1 GBP = 2.043 CAD1 CAD = 0.490 GBP
Pound SterlingSwiss Franc1 GBP = 1.993 CHF1 CHF = 0.502 GBP
Australian DollarCanadian Dollar1 AUD = 0.934 CAD1 CAD = 1.070 AUD
Australian DollarSwiss Franc1 AUD = 0.912 CHF1 CHF = 1.096 AUD
Canadian DollarSwiss Franc1 CAD = 0.976 CHF1 CHF = 1.025 CAD

See what else happened on March 27th, 2008