Financial news on August 1st, 2006

Business and Financial news
An Image Popular in Films Raises Some Eyebrows in Ads

The caricature of the sassy overweight black woman is troublesome to some marketers and media scholars. Read more..

By JEREMY W. PETERS - The New York Times

A Quiet, Compact Traveler That Tastes Good, Too

Road warriors often complain about traveling with their colleagues. But wine is an interesting and spirited companion. Read more..

By JEFFREY STAMBOR - The New York Times

A Web Site Devoted to Smarter Summer Fliers provides an agglomeration of real-time information on the status of just about every airline flight in the world. Read more..

By JOE SHARKEY - The New York Times

From Lebanese- American Financiers, Differing Views on the Strife

Lebanese-Americans have considerable influence in international financial circles, especially on Wall Street. Read more..

By LANDON THOMAS Jr - The New York Times

Memo Pad

NEW YORK-LONDON FOR DELTA Delta Air Lines announced that it had reached an agreement to start daily nonstop service between Kennedy International Airport and Gatwick Airport, near London. Delta purchased the New York-London route authority from Un... Read more..

By JOE SHARKEY - The New York Times

Northwest Air Flight Attendants Reject Contract Again

Flight attendants rejected a proposed contract and threatened a strike that could put Northwest out of business. Read more..

By JEFF BAILEY - The New York Times

Production Increases Push Up an Index in the Chicago Area

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Settlement by Medtronic Is Challenged in U.S. Court

Medtronic’s recent $40 million federal settlement came under a new challenge from the lawyer of a whistle-blower who was excluded from the deal. Read more..

By REED ABELSON - The New York Times

Tax Cheats Called Out of Control

A Senate report estimates that cheating on federal income taxes totals as much as $70 billion a year. Read more..

By DAVID CAY JOHNSTON - The New York Times

Tyson Foods Reports a Loss and Issues a Sober Forecast

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.8517.8717.4817.4841.1M
Oracle Corp.ORCL14.9014.9414.5514.7333.9M
AT&T Inc.T30.1030.2129.4229.7619.2M
General ElectricGE32.6532.8032.4832.5616.7M
Verizon CommunicationsVZ33.8033.8432.6033.2715.8M
JPMorgan ChaseJPM45.7945.7945.2545.5113.4M
Abbott LaboratoriesABT47.4547.6347.0647.5110.2M
Walt Disney & Co.DIS29.6529.7529.3229.3510M
HP Inc.HPQ31.7631.7731.3031.679.72M
Wal-Mart StoresWMT44.3544.3843.7944.099.64M
Home DepotHD34.5034.5033.9534.149.42M
Bristol-Myers SquibbBMY23.9823.9823.4423.809.14M
Procter & GamblePG56.0056.0755.7055.935.85M
Johnson & JohnsonJNJ62.3862.8562.2962.684.55M
International Business MachinesIBM76.8677.3875.7576.144.41M
UnitedHealth GroupUNH47.5048.0047.4647.824M
United TechnologiesUTX62.1962.5061.4361.683.66M
Wells Fargo & Co.WFC72.3172.6871.7671.983.63M
Gilead SciencesGILD61.4561.5160.3560.713.56M
Union PacificUNP84.3484.3882.6783.142.08M
Berkshire HathawayBRK.B3047.003065.003039.003045.509.2K
Exchange Rates of August 1st, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.620 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.130 CAD1 CAD = 0.885 USD
US DollarSwiss Franc1 USD = 1.226 CHF1 CHF = 0.816 USD
US DollarChinese Yuan1 USD = 7.973 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 146.970 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.463 EUR
EuroAustralian Dollar1 EUR = 1.675 AUD1 AUD = 0.597 EUR
EuroCanadian Dollar1 EUR = 1.449 CAD1 CAD = 0.690 EUR
EuroSwiss Franc1 EUR = 1.572 CHF1 CHF = 0.636 EUR
Japanese YenPound Sterling1 JPY = 0.465 GBP1 GBP = 2.151 JPY
Japanese YenAustralian Dollar1 JPY = 1.139 AUD1 AUD = 0.878 JPY
Japanese YenCanadian Dollar1 JPY = 0.986 CAD1 CAD = 1.014 JPY
Japanese YenSwiss Franc1 JPY = 1.070 CHF1 CHF = 0.935 JPY
Pound SterlingAustralian Dollar1 GBP = 2.450 AUD1 AUD = 0.408 GBP
Pound SterlingCanadian Dollar1 GBP = 2.120 CAD1 CAD = 0.472 GBP
Pound SterlingSwiss Franc1 GBP = 2.300 CHF1 CHF = 0.435 GBP
Australian DollarCanadian Dollar1 AUD = 0.865 CAD1 CAD = 1.156 AUD
Australian DollarSwiss Franc1 AUD = 0.938 CHF1 CHF = 1.066 AUD
Canadian DollarSwiss Franc1 CAD = 1.084 CHF1 CHF = 0.923 CAD

See what else happened on August 1st, 2006