Financial news on May 2nd, 2006
Business and Financial news
A wireless e-mail software company partly owned by NTP has filed a patent infringement lawsuit against Research In Motion seeking a shutdown of its popular BlackBerry service. Read more..
Greenhill, like other investment banks, has prospered amid the recent surge in mergers and takeovers. Read more..
I CAN'T sleep on a plane. No matter how comfortable an airline seat is supposed to be, even on a lie-flat bed in first class, I never used to be able to rest. Read more..
The rivalry between the companies is growing more combative as the outcome is likely to shape the future of competition in computing and the way people use information technology. Read more..
Madison Avenue has become obsessed with using the word "my" in advertising slogans, as well as in the names of brands, products and even a new television network. Read more..
Under a little-known aspect of pension law, churches can opt out of the costly rules that apply to secular employers. Read more..
Having $100 million in personal debt did not stop Kenneth L. Lay from spending $200,000 on a birthday cruise for his wife and holding onto some $30 million in real estate. Read more..
Restaurant Associates, the owner of well-known restaurants like Brasserie in Manhattan and Patina of Los Angeles, is stepping out on its own. Read more..
An effort to sell self-heating latte under the Wolfgang Puck name is generating another kind of heat, in a dispute that seems headed for court. Read more..
BenQ formed an intercontinental venture with Siemens so it could sell its own branded phones beyond Taiwan and China, placing it in competition with some of its former clients. Read more..
Values are reported in US Dollars
|Procter & Gamble||PG||57.66||58.34||57.43||58.11||8.49M|
|Walt Disney & Co.||DIS||27.99||28.03||27.78||27.89||6.9M|
|Johnson & Johnson||JNJ||58.77||58.96||58.60||58.67||5.59M|
|Wells Fargo & Co.||WFC||68.07||68.32||67.67||67.89||4.83M|
|International Business Machines||IBM||82.11||82.74||82.00||82.42||4.34M|
Exchange Rates of May 2nd, 2006
|US Dollar||Japanese Yen||1 USD = 113.400 JPY||1 JPY = 0.009 USD|
|US Dollar||Canadian Dollar||1 USD = 1.107 CAD||1 CAD = 0.904 USD|
|US Dollar||Swiss Franc||1 USD = 1.237 CHF||1 CHF = 0.808 USD|
|Euro||Japanese Yen||1 EUR = 143.020 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.686 GBP||1 GBP = 1.459 EUR|
|Euro||Australian Dollar||1 EUR = 1.657 AUD||1 AUD = 0.603 EUR|
|Euro||Canadian Dollar||1 EUR = 1.396 CAD||1 CAD = 0.716 EUR|
|Euro||Swiss Franc||1 EUR = 1.560 CHF||1 CHF = 0.641 EUR|
|Pound Sterling||Australian Dollar||1 GBP = 2.417 AUD||1 AUD = 0.414 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 2.036 CAD||1 CAD = 0.491 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 2.275 CHF||1 CHF = 0.439 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.842 CAD||1 CAD = 1.188 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.941 CHF||1 CHF = 1.062 AUD|