Financial news on March 27, 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

Stock Ticker symbol Open High Low Close Volume
Oracle Corp. ORCL 19.48 19.70 19.25 19.43 117M
Intel INTC 21.88 21.91 21.09 21.09 71.5M
Cisco Systems CSCO 24.63 24.76 24.12 24.18 56.6M
Microsoft MSFT 28.48 28.49 28.00 28.05 47.9M
General Electric GE 37.26 37.35 36.72 36.83 37.3M
Apple AAPL 144.95 145.31 139.99 140.25 35.7M
Pfizer PFE 20.76 20.89 20.55 20.56 34.6M
JPMorgan Chase JPM 44.25 44.49 42.86 42.86 32.2M
Wells Fargo & Co. WFC 31.16 31.20 30.05 30.26 27M
Altria MO 73.31 73.91 73.03 73.22 23M
ExxonMobil XOM 86.85 87.50 86.07 86.20 21.8M
Merck MRK 44.33 45.37 44.20 44.78 19.7M
Wal-Mart Stores WMT 53.02 53.22 52.28 52.37 19M
AT&T Inc. T 37.94 38.20 37.60 37.66 16.2M
ConocoPhillips COP 77.03 77.85 75.63 75.73 13.4M
Home Depot HD 28.49 28.61 27.76 27.79 13.2M
Comcast CMCSA 19.92 20.08 19.54 19.58 13.1M
HP Inc. HPQ 47.28 47.34 46.43 46.64 12.2M
Procter & Gamble PG 69.87 70.10 69.32 69.41 11.9M
UnitedHealth Group UNH 34.10 34.41 33.81 34.00 11.7M
Alphabet GOOGL 446.00 448.61 440.49 444.08 11.7M
Verizon Communications VZ 36.38 36.53 35.91 35.96 10.9M
Abbott Laboratories ABT 54.26 54.36 53.41 53.55 10.8M
Johnson & Johnson JNJ 64.85 65.25 64.52 64.62 10.8M
Visa V 64.05 64.74 62.65 62.91 9.96M
Walt Disney & Co. DIS 31.89 31.96 31.31 31.38 9.57M
Chevron CVX 85.35 86.95 84.27 84.40 9.15M
Schlumberger SLB 86.56 87.73 85.32 85.38 8.73M
Amgen AMGN 42.09 42.09 41.41 41.49 8.55M
International Business Machines IBM 116.10 116.20 114.51 115.52 8.44M
Coca-Cola KO 61.36 61.90 61.21 61.31 8.42M
Bristol-Myers Squibb BMY 21.34 21.60 21.25 21.30 8.32M
McDonald's MCD 55.89 56.22 55.42 55.45 8.2M
Amazon AMZN 74.37 74.69 70.80 70.80 7.94M
Boeing BA 75.50 76.36 74.14 74.22 7.71M
Gilead Sciences GILD 50.52 50.84 49.84 49.98 6.87M
Pepsico PEP 71.44 71.90 70.94 71.19 5.08M
United Technologies UTX 69.94 70.58 69.27 69.41 4.29M
3M MMM 78.98 79.11 77.86 77.86 3.6M
Union Pacific UNP 128.60 128.75 125.20 125.58 1.95M
Berkshire Hathaway BRK.B 4300.00 4375.00 4278.00 4370.00 20.2K
Exchange Rates of March 27, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 99.670 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.018 CAD 1 CAD = 0.982 USD
US Dollar Swiss Franc 1 USD = 0.994 CHF 1 CHF = 1.006 USD
US Dollar Chinese Yuan 1 USD = 7.011 CNY 1 CNY = 0.143 USD
Euro Japanese Yen 1 EUR = 157.250 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.786 GBP 1 GBP = 1.272 EUR
Euro Australian Dollar 1 EUR = 1.718 AUD 1 AUD = 0.582 EUR
Euro Canadian Dollar 1 EUR = 1.606 CAD 1 CAD = 0.623 EUR
Euro Swiss Franc 1 EUR = 1.568 CHF 1 CHF = 0.638 EUR
Japanese Yen Pound Sterling 1 JPY = 0.500 GBP 1 GBP = 2.001 JPY
Japanese Yen Australian Dollar 1 JPY = 1.092 AUD 1 AUD = 0.916 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.021 CAD 1 CAD = 0.979 JPY
Japanese Yen Swiss Franc 1 JPY = 0.997 CHF 1 CHF = 1.003 JPY
Pound Sterling Australian Dollar 1 GBP = 2.185 AUD 1 AUD = 0.458 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.043 CAD 1 CAD = 0.490 GBP
Pound Sterling Swiss Franc 1 GBP = 1.993 CHF 1 CHF = 0.502 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.934 CAD 1 CAD = 1.070 AUD
Australian Dollar Swiss Franc 1 AUD = 0.912 CHF 1 CHF = 1.096 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.976 CHF 1 CHF = 1.025 CAD

See what else happened on March 27, 2008