Financial news on June 01, 2006

Business and Financial news
Arcelor Shareholders Demand Meeting to Protest Stake Sale

The stage is set for a showdown among angry shareholders, the steel company Arcelor and the government of Luxembourg. Read more..

By HEATHER TIMMONS - The New York Times

Cellphones, It Seems, Can't Be Too Thin Either

The Samsung T509 could slip into the pocket of your tightest pair of jeans without leaving a bump. Read more..

By JOHN BIGGS - The New York Times

For Venezuela, a Treasure in Oil Sludge

As oil prices soar, Venezuela's Orinoco Belt, which may contain up to 235 billion barrels of recoverable oil, is becoming an economic battleground. Read more..

By JUAN FORERO - The New York Times

Low Payments by U.S. Raise Medical Bills Billions a Year

Employers and consumers are paying billions of dollars more a year for medical care to compensate for imbalances in the nation's health care system. Read more..

By MILT FREUDENHEIM - The New York Times

Microsoft Sets Sail Against Pirates

Q. Every time I start up my computer I get a message saying, "This copy of Windows is not genuine." What can I do? Read more..

By J.D. BIERSDORFER - The New York Times

One Guilty and One Acquitted in Enron Broadband Trial

The verdict brought to an end a trial that had been going on next door to that of the two former Enron chief executives. Read more..

By KATE MURPHY - The New York Times

Online Music With All the Extras

One drawback of buying music online is that you don't get the little booklet that would have accompanied the physical CD. Or do you? Read more..

By DAVID POGUE - The New York Times

Renting Movies With a Box and a Beam

You know the trouble with movies in America these days? There just aren't enough ways to see them. Thank goodness, then, for MovieBeam. Read more..

By DAVID POGUE - The New York Times

Round-the-Clock News, With a British Accent

The British are coming again, but this time the invasion is of the journalistic kind as British news media enter the American market or seek to raise their profile here. Read more..

By STUART ELLIOTT - The New York Times

Yes, You Can Edit Your Photos. But You Needn't.

Some people shy away from tweaking digital photos. For them, Panasonic made the basic KX-PX10M Digital Photo Printer. Read more..

By SEÁN CAPTAIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO19.6820.5019.6720.5053.3M
Oracle Corp.ORCL14.1414.2413.9614.2237.6M
AT&T Inc.T26.3326.9526.2426.9128.7M
General ElectricGE34.3034.6234.2234.5519.6M
Wal-Mart StoresWMT48.2548.5747.9248.3913.5M
Verizon CommunicationsVZ31.4832.0631.3631.9613M
UnitedHealth GroupUNH44.1445.9044.0845.7211.8M
Home DepotHD37.9538.6137.9038.5511.6M
HP Inc.HPQ32.1332.5031.8932.4310.4M
Walt Disney & Co.DIS30.5030.7230.4230.6210.2M
JPMorgan ChaseJPM42.7543.6842.7443.589.03M
Abbott LaboratoriesABT42.7043.3042.6043.228.36M
Procter & GamblePG54.3554.5154.0354.486.94M
Bristol-Myers SquibbBMY24.5525.2524.5125.156.57M
Gilead SciencesGILD58.1358.8857.7258.665.85M
Johnson & JohnsonJNJ60.2560.7060.2160.655.66M
Wells Fargo & Co.WFC66.5067.7066.3767.665.54M
International Business MachinesIBM79.8980.8779.8180.694.87M
United TechnologiesUTX62.8563.4962.6963.203.09M
Union PacificUNP92.8093.4991.9393.261.68M
Berkshire HathawayBRK.B3073.003078.503050.003065.009K
Exchange Rates of June 01, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 112.540 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.102 CAD1 CAD = 0.907 USD
US DollarSwiss Franc1 USD = 1.220 CHF1 CHF = 0.820 USD
US DollarChinese Yuan1 USD = 8.018 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 144.150 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.686 GBP1 GBP = 1.457 EUR
EuroAustralian Dollar1 EUR = 1.716 AUD1 AUD = 0.583 EUR
EuroCanadian Dollar1 EUR = 1.412 CAD1 CAD = 0.708 EUR
EuroSwiss Franc1 EUR = 1.563 CHF1 CHF = 0.640 EUR
Pound SterlingAustralian Dollar1 GBP = 2.500 AUD1 AUD = 0.400 GBP
Pound SterlingCanadian Dollar1 GBP = 2.057 CAD1 CAD = 0.486 GBP
Pound SterlingSwiss Franc1 GBP = 2.277 CHF1 CHF = 0.439 GBP
Australian DollarCanadian Dollar1 AUD = 0.823 CAD1 CAD = 1.216 AUD
Australian DollarSwiss Franc1 AUD = 0.911 CHF1 CHF = 1.098 AUD

See what else happened on June 01, 2006