Financial news on October 06, 2006

Business and Financial news
A Top Retail Analyst Takes Her Rolodex Into Independent Research

After Wall Street made a settlement with regulators over conflicts involving research analysts, the value of research has come increasingly into question. Read more..

By MICHAEL J. de la MERCED - The New York Times

Conoco and EnCana Plan Oil Sands Venture

ConocoPhillips said it would combine ownership of its refineries in Texas with Canadian oil sands properties controlled by EnCana. Read more..

By IAN AUSTEN - The New York Times

Europeans Raise Rates a Quarter-Point and Hint at Another Increase Ahead

Citing a risk of higher inflation, the European Central Bank raised its interest rate to 3.25 percent. Read more..

By CARTER DOUGHERTY - The New York Times

Ford Interest in Alliance Apparently Has Waned

With the hiring of a new chief executive, Ford is said to believe it can resolve its financial crisis without any outside help. Read more..

By NICK BUNKLEY - The New York Times

Gary C. Comer, 78, Founder of Lands’ End, Dies

Gary C. Comer was the founder of the mail-order apparel company who printed a glossy catalog in the 1960’s that became a prototype of the magazinelike catalogs of today. Read more..

By DENNIS HEVESI - The New York Times

Merger Banker Is Joining Apax After a Hiatus

Former Goldman Sachs banker E. Scott Mead is said to be joining the British private equity firm Apax Partners. Read more..

By ANDREW ROSS SORKIN - The New York Times

Subsidies Keep Airlines Flying to Small Towns

More than 100 remote cities benefit from federally subsidized airline service, a program critics say is expensive and unessential. Read more..

By JEFF BAILEY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 20,61 20,70 20,41 20,63 63.6M
Cisco Systems CSCO 23,79 24,20 23,74 24,09 48.9M
Microsoft MSFT 27,76 28,00 27,65 27,87 36.5M
Oracle Corp. ORCL 18,15 18,46 18,13 18,19 33.1M
Pfizer PFE 27,87 27,95 27,59 27,90 27.2M
McDonald's MCD 39,96 40,28 39,48 40,11 21.2M
ExxonMobil XOM 67,00 67,62 66,50 67,52 19.4M
General Electric GE 36,29 36,30 35,88 36,14 18.8M
AT&T Inc. T 31,91 32,13 31,57 31,78 18.5M
Apple AAPL 74,42 75,04 73,81 74,22 16.7M
Abbott Laboratories ABT 46,30 46,50 46,07 46,19 15.6M
Wal-Mart Stores WMT 48,36 48,98 48,24 48,32 15.4M
Alphabet GOOGL 410,22 421,91 409,75 420,50 14.7M
Verizon Communications VZ 36,78 36,86 36,54 36,80 14M
HP Inc. HPQ 37,55 38,05 37,48 37,72 13.7M
ConocoPhillips COP 57,90 58,32 57,08 58,01 13.3M
Home Depot HD 37,06 37,25 36,80 37,14 10.9M
JPMorgan Chase JPM 47,10 47,20 46,78 46,86 10.7M
Merck MRK 41,40 42,05 41,24 41,86 10.2M
UnitedHealth Group UNH 50,69 52,61 50,56 51,50 9.8M
Altria MO 78,55 78,89 78,00 78,62 9.62M
Chevron CVX 63,52 63,88 62,80 63,66 8.89M
Schlumberger SLB 59,50 60,01 58,40 59,60 8.8M
Comcast CMCSA 36,70 37,30 36,26 37,13 7.54M
Walt Disney & Co. DIS 31,14 31,39 30,86 31,34 7.45M
Bristol-Myers Squibb BMY 24,37 24,57 24,30 24,42 7.16M
Johnson & Johnson JNJ 65,01 65,16 64,86 65,06 7.13M
Procter & Gamble PG 63,29 63,31 62,72 63,09 7.07M
Amgen AMGN 74,64 74,67 73,51 74,01 6.74M
International Business Machines IBM 82,93 83,78 82,50 83,14 5.34M
Coca-Cola KO 44,82 44,89 44,66 44,76 5.05M
Wells Fargo & Co. WFC 36,37 36,45 36,20 36,34 4.83M
Amazon AMZN 33,15 33,22 32,50 32,59 4.22M
Pepsico PEP 64,56 64,78 64,17 64,42 4.04M
Boeing BA 83,62 84,39 83,14 83,68 3.65M
Gilead Sciences GILD 65,41 65,66 64,80 65,35 3.04M
3M MMM 75,95 76,16 75,77 75,95 2.6M
United Technologies UTX 65,84 65,95 65,03 65,41 2.5M
Union Pacific UNP 89,50 89,56 88,51 88,86 1.26M
Berkshire Hathaway BRK.B 3281,00 3293,00 3260,00 3280,00 12K
Exchange Rates of October 06, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 119,010 JPY 1 JPY = 0,008 USD
US Dollar Canadian Dollar 1 USD = 1,125 CAD 1 CAD = 0,889 USD
US Dollar Swiss Franc 1 USD = 1,260 CHF 1 CHF = 0,794 USD
US Dollar Chinese Yuan 1 USD = 7,907 CNY 1 CNY = 0,126 USD
Euro Japanese Yen 1 EUR = 149,950 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,673 GBP 1 GBP = 1,485 EUR
Euro Australian Dollar 1 EUR = 1,696 AUD 1 AUD = 0,590 EUR
Euro Canadian Dollar 1 EUR = 1,418 CAD 1 CAD = 0,705 EUR
Euro Swiss Franc 1 EUR = 1,588 CHF 1 CHF = 0,630 EUR
Japanese Yen Pound Sterling 1 JPY = 0,449 GBP 1 GBP = 2,228 JPY
Japanese Yen Australian Dollar 1 JPY = 1,131 AUD 1 AUD = 0,884 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,945 CAD 1 CAD = 1,058 JPY
Japanese Yen Swiss Franc 1 JPY = 1,059 CHF 1 CHF = 0,945 JPY
Pound Sterling Australian Dollar 1 GBP = 2,519 AUD 1 AUD = 0,397 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,105 CAD 1 CAD = 0,475 GBP
Pound Sterling Swiss Franc 1 GBP = 2,357 CHF 1 CHF = 0,424 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,835 CAD 1 CAD = 1,197 AUD
Australian Dollar Swiss Franc 1 AUD = 0,935 CHF 1 CHF = 1,069 AUD
Canadian Dollar Swiss Franc 1 CAD = 1,119 CHF 1 CHF = 0,893 CAD

See what else happened on October 06, 2006