Financial news on February 28, 2007

Business and Financial news
A.& P. Negotiating to Acquire Pathmark

Great Atlantic is offering Pathmark shareholders $12.50 a share in cash and stock if a deal is reached. Read more..

By BLOOMBERG NEWS - The New York Times

New Republic’s Editor in Chief Sells His Share of the Magazine

Martin Peretz, who has been a part owner of The New Republic for more than three decades, has given up his share of the magazine, but will remain as editor in chief. Read more..

By KATHARINE Q. SEELYE - The New York Times

Next Step in TXU Deal Is Backdrop of Conference

TXU has all the hallmarks of a prize in a private equity tug of war. Read more..

By ANDREW ROSS SORKIN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20.05 20.20 19.80 19.86 103M
Microsoft MSFT 27.95 28.25 27.92 28.17 86.3M
Cisco Systems CSCO 25.80 26.25 25.75 25.94 63.7M
Pfizer PFE 25.15 25.48 24.94 24.96 57.5M
ExxonMobil XOM 72.10 73.60 71.18 71.68 55.7M
General Electric GE 34.78 35.08 34.65 34.91 50.7M
Oracle Corp. ORCL 16.37 16.84 16.31 16.43 47.6M
Apple AAPL 83.00 85.60 83.00 84.61 32.8M
AT&T Inc. T 36.70 36.89 36.21 36.80 28.7M
HP Inc. HPQ 38.66 39.60 38.51 39.35 26.3M
Home Depot HD 39.29 39.85 39.29 39.59 26.1M
Comcast CMCSA 25.16 25.86 25.04 25.72 25M
Abbott Laboratories ABT 53.57 55.06 53.24 54.62 24.8M
Wal-Mart Stores WMT 48.25 48.66 48.01 48.31 21.3M
Merck MRK 44.26 44.70 43.67 44.15 20.9M
Verizon Communications VZ 37.01 37.52 36.61 37.40 19.2M
JPMorgan Chase JPM 49.35 49.89 48.89 49.39 19.2M
Wells Fargo & Co. WFC 34.39 35.02 34.20 34.70 19M
ConocoPhillips COP 65.50 66.44 64.65 65.32 18.4M
Altria MO 83.33 85.00 83.00 84.28 18M
Procter & Gamble PG 62.50 63.77 62.25 63.49 17.3M
Johnson & Johnson JNJ 63.25 63.72 62.82 62.93 16.7M
Amgen AMGN 65.00 65.22 64.15 64.26 16.5M
Alphabet GOOGL 450.41 453.67 443.04 449.45 16M
Walt Disney & Co. DIS 33.40 34.38 33.33 34.25 15.8M
Chevron CVX 68.59 69.75 68.36 68.52 14M
Coca-Cola KO 46.75 46.90 46.32 46.68 13.8M
International Business Machines IBM 93.71 94.09 92.47 92.94 12.2M
McDonald's MCD 44.46 44.56 43.38 43.69 11.7M
Bristol-Myers Squibb BMY 26.32 26.49 25.98 26.38 11.2M
Schlumberger SLB 62.80 63.46 62.31 62.80 11.2M
Amazon AMZN 38.91 39.58 38.08 39.14 7.69M
Pepsico PEP 62.57 63.46 62.51 63.15 7.14M
UnitedHealth Group UNH 52.02 52.72 51.71 52.18 7.02M
Gilead Sciences GILD 69.55 72.07 69.55 71.56 6.95M
United Technologies UTX 65.51 66.32 65.09 65.64 6.18M
Boeing BA 87.40 88.41 86.05 87.26 6.09M
3M MMM 74.25 75.00 73.53 74.08 5.29M
Union Pacific UNP 98.85 99.78 97.86 98.58 2.73M
Berkshire Hathaway BRK.B 3514.00 3542.50 3495.00 3523.00 31.6K
Exchange Rates of February 28, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118.520 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.170 CAD 1 CAD = 0.855 USD
US Dollar Swiss Franc 1 USD = 1.220 CHF 1 CHF = 0.820 USD
US Dollar Chinese Yuan 1 USD = 7.738 CNY 1 CNY = 0.129 USD
Euro Japanese Yen 1 EUR = 156.770 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.673 GBP 1 GBP = 1.485 EUR
Euro Australian Dollar 1 EUR = 1.678 AUD 1 AUD = 0.596 EUR
Euro Canadian Dollar 1 EUR = 1.547 CAD 1 CAD = 0.646 EUR
Euro Swiss Franc 1 EUR = 1.613 CHF 1 CHF = 0.620 EUR
Japanese Yen Pound Sterling 1 JPY = 0.429 GBP 1 GBP = 2.329 JPY
Japanese Yen Australian Dollar 1 JPY = 1.070 AUD 1 AUD = 0.935 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.986 CAD 1 CAD = 1.014 JPY
Japanese Yen Swiss Franc 1 JPY = 1.029 CHF 1 CHF = 0.972 JPY
Pound Sterling Australian Dollar 1 GBP = 2.492 AUD 1 AUD = 0.401 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.297 CAD 1 CAD = 0.435 GBP
Pound Sterling Swiss Franc 1 GBP = 2.394 CHF 1 CHF = 0.418 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.921 CAD 1 CAD = 1.086 AUD
Australian Dollar Swiss Franc 1 AUD = 0.961 CHF 1 CHF = 1.041 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.042 CHF 1 CHF = 0.959 CAD

See what else happened on February 28, 2007