Financial news on May 05, 2006

Business and Financial news
A Gloomy W.T.O. Chief Says Time Is Brief for Saving Talks

Pascal Lamy said that he was increasingly worried that the five-year talks would end in failure. Read more..

By MARK LANDLER - The New York Times

AOL to Add Free Phone to Instant Messaging Feature

AOL is preparing to offer its 41 million instant messaging users a phone number that will allow people to call them for free. Read more..

By SAUL HANSELL and JOHN MARKOFF - The New York Times

Europe's Central Bank Chief Hints of Higher Rates Ahead

Jean-Claude Trichet indicated that the bank was considering rate increases in the future if the economy continues to grow. Read more..

By G. THOMAS SIMS - The New York Times

Going Online for Savings

High-yield Internet savings accounts are the flavor-of-the-month in banking. It is unclear though if banks can actually profit from them. Read more..

By JENNIFER A. KINGSON - The New York Times

Ken Lay Still Thinks Enron Was Healthy

Reading Kenneth L. Lay's testimony is like returning to the 1990's, when those who complained about manipulation of earnings numbers were viewed as cranks. Read more..

By FLOYD NORRIS - The New York Times

Margin Calls Forced Lay to Sell Stock, Witness Says

The former Enron chief sold millions in stock because of demands from his brokers, not because of a lack of faith in the company, a finance expert testified. yesterday. Read more..

By BLOOMBERG NEWS - The New York Times

Shares Gain as Oil Prices Decline Further

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Stronger Canadian Dollar Not Totally Welcome Up North

Some economists and traders are forecasting parity between the currencies, something that has not happened in 30 years. Read more..

By IAN AUSTEN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 23.66 23.95 23.52 23.80 132M
Walt Disney & Co. DIS 28.50 29.15 28.50 29.09 52.8M
Intel INTC 19.43 19.65 19.37 19.51 51.1M
Cisco Systems CSCO 21.89 22.00 21.50 21.75 50.5M
Oracle Corp. ORCL 14.30 14.57 14.28 14.45 26.4M
General Electric GE 34.94 35.22 34.87 35.16 26.1M
Apple AAPL 71.86 72.25 71.15 71.89 20.1M
Pfizer PFE 25.33 25.57 25.27 25.41 20.1M
JPMorgan Chase JPM 45.92 46.80 45.69 46.65 17.3M
ExxonMobil XOM 63.90 64.05 63.20 64.00 14.2M
Procter & Gamble PG 56.24 56.24 55.65 55.73 13.4M
UnitedHealth Group UNH 46.69 46.88 45.92 46.39 13.2M
HP Inc. HPQ 33.38 33.90 33.21 33.87 12.2M
Alphabet GOOGL 397.60 400.68 391.78 394.30 12.1M
Home Depot HD 40.55 41.48 40.47 41.29 11.3M
ConocoPhillips COP 67.25 67.72 66.58 66.85 11.1M
AT&T Inc. T 26.05 26.15 25.87 25.97 10.3M
Verizon Communications VZ 32.94 33.09 32.48 33.02 10.3M
Coca-Cola KO 42.27 42.89 42.04 42.71 9.48M
Wal-Mart Stores WMT 46.60 47.34 46.52 47.25 9.08M
Chevron CVX 62.43 62.90 61.98 62.35 8.67M
Amgen AMGN 67.42 67.73 66.80 67.11 8.02M
Comcast CMCSA 30.59 30.82 30.35 30.78 7.94M
Schlumberger SLB 72.20 72.42 70.83 71.46 7.56M
Altria MO 73.90 74.39 73.47 73.81 7.1M
Johnson & Johnson JNJ 58.50 58.82 58.35 58.70 7.05M
Merck MRK 34.31 34.55 34.04 34.48 7.04M
Gilead Sciences GILD 55.67 56.36 54.27 56.25 7.02M
Abbott Laboratories ABT 42.00 42.97 42.00 42.77 6.63M
McDonald's MCD 34.88 35.25 34.85 35.21 6.41M
Amazon AMZN 34.65 35.04 34.15 35.04 5.74M
Bristol-Myers Squibb BMY 25.10 25.41 25.02 25.28 4.94M
International Business Machines IBM 82.95 83.55 82.70 82.98 4.5M
Pepsico PEP 58.98 59.31 58.80 59.18 3.9M
Wells Fargo & Co. WFC 68.40 68.96 68.38 68.87 3.65M
3M MMM 86.69 87.30 86.54 87.30 3.63M
United Technologies UTX 64.30 65.00 64.01 64.91 3.4M
Boeing BA 87.47 88.55 87.30 88.47 3.35M
Union Pacific UNP 93.50 93.70 92.81 93.25 1.62M
Berkshire Hathaway BRK.B 2920.00 2955.00 2920.00 2945.00 16.9K
Exchange Rates of May 05, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 112.450 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 = 1.226 CHF 1 CHF = 0.816 USD
Euro Japanese Yen 1 EUR = 143.130 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.685 GBP 1 GBP = 1.460 EUR
Euro Australian Dollar 1 EUR = 1.649 AUD 1 AUD = 0.607 EUR
Euro Canadian Dollar 1 EUR = 1.409 CAD 1 CAD = 0.710 EUR
Euro Swiss Franc 1 EUR = 1.560 CHF 1 CHF = 0.641 EUR
Pound Sterling Australian Dollar 1 GBP = 2.407 AUD 1 AUD = 0.415 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.057 CAD 1 CAD = 0.486 GBP
Pound Sterling Swiss Franc 1 GBP = 2.278 CHF 1 CHF = 0.439 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.854 CAD 1 CAD = 1.171 AUD
Australian Dollar Swiss Franc 1 AUD = 0.946 CHF 1 CHF = 1.057 AUD

See what else happened on May 05, 2006