Financial news on March 28th, 2008
Business and Financial news
Pentagon Capital Management, a £1 billion ($2 billion) hedge fund, said it would return investors’ money because of an investigation by the S.E.C. Read more..
Canadian communications regulators approved the 51.7 billion Canadian dollar ($50.9 billion) buyout of BCE, the country’s biggest phone provider, and set conditions that require the carrier to remain Canadian controlled. One of the six criteria re... Read more..
The Federal Reserve announced Thursday that it would hold public meetings next month on the offer by Bank of America to acquire Countrywide Financial. Read more..
Losses of confidence in America’s economy have occurred before, but renewal can take time when fear is self-fulfilling as businesses and consumers cut back. Read more..
The Harvard Management Company appointed Jane Mendillo, the chief investment officer at Wellesley College, as its president and chief executive on Thursday. Read more..
A campaign that is scheduled to begin on Monday presents the Intel Corporation as the problem-solver for the people who solve the computer network problems for others. Read more..
The retailer slashed its earnings forecast for the first three months of the year by 33 percent, blaming an outright drop in consumer spending that bodes poorly for competitors. Read more..
The Los Angeles Times acknowledged on Thursday that it had relied on apparently forged documents for its investigation into an assault on the rapper Tupac Shakur. Read more..
Economists note there should not be two prices for one thing at the same place and time. But, in effect, that has been happening in trading that sets prices for corn, soybeans and wheat. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 21,20 | 21,43 | 20,73 | 20,79 | 59.4M |
Microsoft | MSFT | 28,23 | 28,43 | 27,83 | 27,91 | 49.2M |
Cisco Systems | CSCO | 24,28 | 24,58 | 24,00 | 24,08 | 46.5M |
Oracle Corp. | ORCL | 19,55 | 19,86 | 19,32 | 19,37 | 38.1M |
General Electric | GE | 36,89 | 37,06 | 36,51 | 36,61 | 34.3M |
Pfizer | PFE | 20,68 | 20,72 | 20,47 | 20,50 | 31.2M |
JPMorgan Chase | JPM | 43,24 | 43,84 | 42,65 | 42,71 | 29M |
Wells Fargo & Co. | WFC | 30,20 | 30,52 | 29,21 | 29,35 | 28.9M |
Apple | AAPL | 141,80 | 144,65 | 141,60 | 143,01 | 25.5M |
ExxonMobil | XOM | 86,02 | 87,08 | 85,00 | 85,22 | 21.7M |
Comcast | CMCSA | 19,72 | 19,75 | 18,93 | 18,98 | 20.4M |
Altria | MO | 73,65 | 74,59 | 73,33 | 73,83 | 17.8M |
AT&T Inc. | T | 37,94 | 38,39 | 37,56 | 37,66 | 17.3M |
Home Depot | HD | 27,71 | 27,87 | 27,28 | 27,38 | 15.8M |
Wal-Mart Stores | WMT | 52,10 | 52,67 | 51,77 | 52,12 | 15M |
Merck | MRK | 44,82 | 45,73 | 44,38 | 44,51 | 11.3M |
Verizon Communications | VZ | 36,05 | 36,37 | 35,82 | 35,85 | 11.1M |
Walt Disney & Co. | DIS | 31,54 | 31,78 | 31,00 | 31,00 | 11M |
ConocoPhillips | COP | 75,68 | 76,54 | 75,03 | 75,67 | 10.7M |
HP Inc. | HPQ | 46,95 | 47,20 | 45,93 | 46,09 | 10.2M |
Abbott Laboratories | ABT | 53,71 | 54,21 | 52,95 | 53,07 | 10.1M |
Bristol-Myers Squibb | BMY | 21,44 | 21,74 | 21,40 | 21,48 | 10.1M |
Johnson & Johnson | JNJ | 64,84 | 65,00 | 64,06 | 64,18 | 8.76M |
Alphabet | GOOGL | 447,46 | 453,57 | 434,31 | 438,08 | 8.74M |
Amgen | AMGN | 41,77 | 41,87 | 41,37 | 41,45 | 8.48M |
UnitedHealth Group | UNH | 34,24 | 34,60 | 33,90 | 34,40 | 8.05M |
Chevron | CVX | 84,30 | 85,58 | 83,92 | 84,50 | 7.52M |
Procter & Gamble | PG | 69,55 | 70,04 | 69,37 | 69,44 | 7.43M |
Coca-Cola | KO | 61,51 | 61,60 | 60,88 | 60,94 | 6.84M |
Schlumberger | SLB | 86,22 | 86,96 | 84,18 | 85,66 | 6.75M |
International Business Machines | IBM | 116,01 | 116,75 | 114,21 | 114,57 | 6.6M |
Gilead Sciences | GILD | 50,70 | 50,81 | 49,44 | 49,61 | 6.5M |
Visa | V | 63,10 | 63,44 | 62,16 | 62,76 | 6.17M |
Amazon | AMZN | 71,00 | 72,21 | 69,26 | 69,76 | 5.28M |
United Technologies | UTX | 69,74 | 70,24 | 68,34 | 68,55 | 4.84M |
McDonald's | MCD | 55,69 | 55,94 | 55,23 | 55,48 | 4.78M |
Boeing | BA | 74,44 | 74,63 | 73,08 | 73,47 | 4.62M |
Pepsico | PEP | 71,40 | 72,00 | 71,40 | 71,56 | 3.77M |
3M | MMM | 78,39 | 78,94 | 77,85 | 77,95 | 2.01M |
Union Pacific | UNP | 125,18 | 126,93 | 124,65 | 125,02 | 1.5M |
Berkshire Hathaway | BRK.B | 4370,00 | 4463,00 | 4365,00 | 4452,00 | 18.1K |
Exchange Rates of March 28th, 2008
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 99,190 JPY | 1 JPY = 0,010 USD |
US Dollar | Canadian Dollar | 1 USD = 1,022 CAD | 1 CAD = 0,978 USD |
US Dollar | Swiss Franc | 1 USD = 0,995 CHF | 1 CHF = 1,005 USD |
US Dollar | Chinese Yuan | 1 USD = 7,012 CNY | 1 CNY = 0,143 USD |
Euro | Japanese Yen | 1 EUR = 156,710 JPY | 1 JPY = 0,006 EUR |
Euro | Pound Sterling | 1 EUR = 0,792 GBP | 1 GBP = 1,263 EUR |
Euro | Australian Dollar | 1 EUR = 1,722 AUD | 1 AUD = 0,581 EUR |
Euro | Canadian Dollar | 1 EUR = 1,615 CAD | 1 CAD = 0,619 EUR |
Euro | Swiss Franc | 1 EUR = 1,572 CHF | 1 CHF = 0,636 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0,505 GBP | 1 GBP = 1,979 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1,098 AUD | 1 AUD = 0,911 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 1,030 CAD | 1 CAD = 0,971 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1,003 CHF | 1 CHF = 0,997 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2,174 AUD | 1 AUD = 0,460 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2,039 CAD | 1 CAD = 0,490 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 1,985 CHF | 1 CHF = 0,504 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0,937 CAD | 1 CAD = 1,067 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0,913 CHF | 1 CHF = 1,096 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 0,973 CHF | 1 CHF = 1,027 CAD |
See what else happened on March 28th, 2008