Financial news on November 6th, 2006

Business and Financial news
As Drug Prices Climb, Democrats Find Fault With Medicare Plan

Democrats have long charged that the drug industry is profiteering at taxpayers’ expense, which may haunt the companies if the party takes control of Congress. Read more..

By ALEX BERENSON - The New York Times

CBS Appoints Digital Overseer to Integrate Its Digital Efforts

In an effort to expand more systematically into the online world, CBS hired Quincy Smith, formerly of Allen & Company, to oversee its interactive strategy. Read more..


Do the Rights of the Disabled Extend to the Blind on the Web?

A lawsuit claims Target declined to implement technology to make its Web site accessible to the blind. The ruling may decide if disability rights extend to the Web. Read more..

By BOB TEDESCHI - The New York Times

Gaming the Search Engine, in a Political Season

Left-leaning Web users took link bombing to a new level by tweaking search results to turn up news articles detailing a negative aspect of Republican candidates. Read more..

By TOM ZELLER Jr - The New York Times

Going From Scandal to a Satirical Game, at the Speed of Online Humor

In these digital times, political scandals are often quickly commemorated by online games or parodies. Such was the case of Mark Foley and the resulting "Foley's Follies." Read more..

By SARA IVRY - The New York Times

Hollywood Puts the Squeeze on Talent

Hurt by rising costs and new media, studios have asked stars to share their financial pain. Read more..

By LAURA M. HOLSON - The New York Times

Insert Product Here: Plenty of Space to Sell on HD DVDs

In their constant search for more movie revenue, studios see interactive features on high-definition DVDs as a new source of money to tap. Read more..

By KEN BELSON - The New York Times

Newspapers to Test Plan to Sell Ads on Google

The three-month test may open up new revenue to hurting papers, but would risk making Google even stronger. Read more..

By SAUL HANSELL - The New York Times

Online Player in the Game of Politics

Web sites such as YouTube have captured the political process in its most vulnerable moments, becoming the new arbiter of political discourse in this election. Read more..

By DAVID CARR - The New York Times

The Package May Say Healthy, but This Grocer Begs to Differ

A test of health foods by a New England grocery chain raises doubts about the nutritional claims made by many products. Read more..

By ANDREW MARTIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO24,1424,8524,1224,6874.5M
Oracle Corp.ORCL17,9018,2317,8218,1038.1M
General ElectricGE35,0235,4134,9035,2726.8M
AT&T Inc.T33,7334,4333,7234,3021M
Wal-Mart StoresWMT47,7448,2147,2047,4917.4M
Home DepotHD36,7037,2736,5537,2216.9M
Verizon CommunicationsVZ36,9637,0436,6636,9813.1M
Abbott LaboratoriesABT47,0247,6447,0047,4712.9M
Walt Disney & Co.DIS31,9932,4831,9432,4611.4M
HP Inc.HPQ38,2238,8038,2238,739.65M
Procter & GamblePG63,2363,7563,1263,569.45M
JPMorgan ChaseJPM47,1847,7247,0547,658.63M
Johnson & JohnsonJNJ67,6268,4967,5968,428.04M
Wells Fargo & Co.WFC36,1036,4036,0236,347.95M
Bristol-Myers SquibbBMY24,4924,8124,4924,736.83M
International Business MachinesIBM91,5092,7491,5092,606.24M
UnitedHealth GroupUNH47,8448,7247,8348,416.22M
United TechnologiesUTX64,5065,4663,9765,153.57M
Gilead SciencesGILD67,9969,3567,9968,822.82M
Union PacificUNP90,5591,6390,2791,211.37M
Berkshire HathawayBRK.B3564,003587,503538,003587,0040.1K
Exchange Rates of November 6th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118,280 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,130 CAD1 CAD = 0,885 USD
US DollarSwiss Franc1 USD = 1,256 CHF1 CHF = 0,796 USD
US DollarChinese Yuan1 USD = 7,878 CNY1 CNY = 0,127 USD
EuroJapanese Yen1 EUR = 150,490 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,670 GBP1 GBP = 1,492 EUR
EuroAustralian Dollar1 EUR = 1,649 AUD1 AUD = 0,607 EUR
EuroCanadian Dollar1 EUR = 1,438 CAD1 CAD = 0,696 EUR
EuroSwiss Franc1 EUR = 1,598 CHF1 CHF = 0,626 EUR
Japanese YenPound Sterling1 JPY = 0,445 GBP1 GBP = 2,246 JPY
Japanese YenAustralian Dollar1 JPY = 1,095 AUD1 AUD = 0,913 JPY
Japanese YenCanadian Dollar1 JPY = 0,955 CAD1 CAD = 1,047 JPY
Japanese YenSwiss Franc1 JPY = 1,061 CHF1 CHF = 0,942 JPY
Pound SterlingAustralian Dollar1 GBP = 2,460 AUD1 AUD = 0,407 GBP
Pound SterlingCanadian Dollar1 GBP = 2,144 CAD1 CAD = 0,466 GBP
Pound SterlingSwiss Franc1 GBP = 2,382 CHF1 CHF = 0,420 GBP
Australian DollarCanadian Dollar1 AUD = 0,871 CAD1 CAD = 1,148 AUD
Australian DollarSwiss Franc1 AUD = 0,968 CHF1 CHF = 1,033 AUD
Canadian DollarSwiss Franc1 CAD = 1,111 CHF1 CHF = 0,900 CAD

See what else happened on November 6th, 2006