Financial news on May 1st, 2006

Business and Financial news
A Small Step at Starbucks From Mocha to Movies

Starbucks is seeking movies and books to promote in the hope of duplicating the success it has had selling and promoting music. Read more..

By SHARON WAXMAN - The New York Times

Aztar Bidding Breaks $50-Per-Share Barrier

Officially, the world’s longest poker tournament was a 72-hour affair in 2004. Unofficially, the seven-week bidding frenzy for casino operator Aztar is a strong candidate. Read more..

By DEALBOOK - The New York Times

Beer Ads That Ditch the Bikinis, but Add Threads of Thought

Miller Brewing is introducing an ad campaign that Miller says is intended to rise above the calculated inanity of most beer ads. Read more..

By JULIE BOSMAN - The New York Times

Debate on Global Warming Helps Produce a Brisk Seller

A Canadian climatologist's global warming novel is sold out, possibly due to government efforts to silence the book's publicity. Read more..

By IAN AUSTEN - The New York Times

Guidelines for Radio Tags Aim to Protect Buyer Privacy

Some of the guidelines say that consumers should be notified when goods have radio tags, and business should explain how information gathered from the tags will be used. Read more..

By BARNABY J. FEDER - The New York Times

New Microsoft Browser Raises Google's Hackles

Google says Microsoft is unfairly grabbing Web traffic by making its MSN search engine the default in its browser. Read more..

By STEVE LOHR - The New York Times

Next Step for Counterfeiters: Faking the Whole Company

Counterfeiters in China set up a parallel NEC that developed its own products and had links to a network of factories in China, Hong Kong and Taiwan. Read more..

By DAVID LAGUE - The New York Times

Providing Free Real Estate Listings From a Broader Market

Homestore, now, is adopting a search engine approach to listings and creating a portal for all moving-related needs. Read more..

By BOB TEDESCHI - The New York Times

Treasury Bills Set for Auction This Week

The Treasury's schedule of financing this week includes today's regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow. Read more..

By THE NEW YORK TIMES - The New York Times

When Three Remotes Are Better Than One

Half of households in the United States have three or more remote controls, but only a tenth of homes use universal remotes. Read more..

By ALEX MINDLIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO21,0321,4020,9120,9645.5M
Oracle Corp.ORCL14,6114,9614,4314,5841.4M
Wal-Mart StoresWMT45,9246,5845,5445,9318.5M
General ElectricGE34,6434,7234,3234,3917.8M
JPMorgan ChaseJPM45,3845,5944,7344,7816.2M
Verizon CommunicationsVZ33,0533,2432,6932,7912.2M
UnitedHealth GroupUNH49,7550,2249,3049,8011M
AT&T Inc.T26,3926,4626,1026,1610.6M
Home DepotHD40,1640,7840,0940,5410.2M
Abbott LaboratoriesABT42,7543,0442,1542,329.78M
Walt Disney & Co.DIS27,8728,1827,6327,678.39M
HP Inc.HPQ32,6533,0032,5732,648.08M
Johnson & JohnsonJNJ58,7158,7858,5558,597.54M
Procter & GamblePG58,4358,6757,7657,887.3M
Bristol-Myers SquibbBMY25,5325,5524,9025,006.96M
Wells Fargo & Co.WFC68,7268,8567,8668,006.84M
International Business MachinesIBM82,5983,3182,1082,236.01M
Gilead SciencesGILD57,8658,7457,2457,895.22M
United TechnologiesUTX63,0063,0562,5062,933.72M
Union PacificUNP91,4593,0791,3992,311.79M
Berkshire HathawayBRK.B2958,002985,002953,002980,0016.1K
Exchange Rates of May 1st, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 113,500 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,114 CAD1 CAD = 0,897 USD
US DollarSwiss Franc1 USD = 1,242 CHF1 CHF = 0,805 USD
EuroJapanese Yen1 EUR = 142,650 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,689 GBP1 GBP = 1,451 EUR
EuroAustralian Dollar1 EUR = 1,660 AUD1 AUD = 0,602 EUR
EuroCanadian Dollar1 EUR = 1,401 CAD1 CAD = 0,714 EUR
EuroSwiss Franc1 EUR = 1,561 CHF1 CHF = 0,641 EUR
Pound SterlingAustralian Dollar1 GBP = 2,408 AUD1 AUD = 0,415 GBP
Pound SterlingCanadian Dollar1 GBP = 2,032 CAD1 CAD = 0,492 GBP
Pound SterlingSwiss Franc1 GBP = 2,265 CHF1 CHF = 0,441 GBP
Australian DollarCanadian Dollar1 AUD = 0,843 CAD1 CAD = 1,186 AUD
Australian DollarSwiss Franc1 AUD = 0,940 CHF1 CHF = 1,064 AUD

See what else happened on May 1st, 2006