Financial news on September 06, 2006

Business and Financial news
Appeal in I.B.M. Pension Case

Plaintiffs say they expect to appeal to the U.S. Supreme Court a case that exonerated the I.B.M. Corporation’s cash-balance pension plan. Read more..

By DOW JONES/ASSOCIATED PRESS - The New York Times

Big Oil Find Is Reported Deep in Gulf

The reported find by Chevron, Devon Energy and Statoil ASA could be the largest American oil find in a generation. Read more..

By CLIFFORD KRAUSS - The New York Times

F.D.A. Seeks to Regulate New Types of Diagnostic Tests

The new policy would also be a step toward expanding the F.D.A.’s oversight to clinical laboratories. Read more..

By ANDREW POLLACK - The New York Times

Ford Brings in Outsider to Help Run the Company

William Clay Ford Jr. took the highly unusual step, for Detroit, of turning to an executive with no auto industry experience. Read more..

By MICHELINE MAYNARD - The New York Times

Google to Offer Print-Archives Searches

The new feature will direct users to both paid and free digital content on publishers’ Web sites, but will not directly generate revenue for Google. Read more..

By JOHN MARKOFF - The New York Times

H.P. Spied on Directors to Find Leak

The 20-year veteran, George A. Keyworth II, disclosed confidential information about Carleton S. Fiorina’s ouster as chief executive last year, the company said. Read more..

By DAMON DARLIN - The New York Times

Phelps Dodge Merger With Inco Collapses

Phelps Dodge and Inco, the mine operators, walked away from their troubled merger agreement after being met with shareholder resistance. Read more..

By THE NEW YORK TIMES - The New York Times

Silicon Valley to Receive Free Wi-Fi

Companies, including I.B.M. and Cisco Systems, announced plans for a vast network that will be the largest of a new breed of wireless networks being built across the country. Read more..

By MATT RICHTEL - The New York Times

Thin-Film Solution Is Closer for the Lithium-Ion Battery

Major recalls of laptop batteries highlighted hazards that could give a market boost to thin-film batteries, which are less vulnerable to overheating and catching fire. Read more..

By ERIC A. TAUB - The New York Times

This Web TV Is for You, Especially if You’re a Male Aged 21 to 34

The nation’s biggest brewer is preparing to launch Bud TV, an online entertainment network with various channels including one similar to the Web site YouTube. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC19.6319.8219.2719.3176.7M
Cisco SystemsCSCO21.7922.2921.6021.6965.6M
MicrosoftMSFT25.5125.7225.5125.6150.2M
Oracle Corp.ORCL15.6815.8115.5715.6244.8M
AppleAAPL71.0871.6969.7070.0334.8M
PfizerPFE27.8728.0027.6827.7229.9M
ExxonMobilXOM68.4968.4967.0867.1826.7M
General ElectricGE33.8734.0533.8533.9518.7M
ConocoPhillipsCOP63.7063.7161.6361.7717.5M
Home DepotHD34.3734.5033.9734.1711.7M
ChevronCVX66.0966.3865.1065.2211.1M
HP Inc.HPQ35.9036.1635.8435.8410.5M
AT&T Inc.T31.6731.8131.4931.5610.1M
Wal-Mart StoresWMT45.4445.6545.1545.4010.1M
Abbott LaboratoriesABT48.2048.2647.3147.939.71M
SchlumbergerSLB61.6261.9958.8058.919.14M
AmazonAMZN31.7631.9830.6530.809.11M
Johnson & JohnsonJNJ64.0264.2563.9263.928.51M
Verizon CommunicationsVZ35.3035.6635.2535.458.46M
Wells Fargo & Co.WFC34.8335.2434.7035.048.28M
Bristol-Myers SquibbBMY22.5122.7422.5122.637.92M
MerckMRK41.0141.4940.7241.407.51M
AlphabetGOOGL382.10383.19379.66380.147.44M
ComcastCMCSA34.9534.9834.4934.697.21M
JPMorgan ChaseJPM45.6546.0545.4845.887.13M
AltriaMO82.1182.8382.1082.616.36M
McDonald'sMCD36.3536.5836.1736.225.24M
Walt Disney & Co.DIS29.7229.7729.5729.614.96M
Coca-ColaKO44.6144.8644.5144.704.93M
AmgenAMGN68.8469.1768.3368.494.86M
Procter & GamblePG61.5661.6761.1461.444.6M
UnitedHealth GroupUNH50.5151.1049.7150.424.55M
Gilead SciencesGILD62.5662.8660.9461.544.53M
United TechnologiesUTX63.6263.7163.0063.334.03M
International Business MachinesIBM80.2980.6980.1780.283.73M
BoeingBA75.3675.5574.2074.443.04M
PepsicoPEP64.9365.1064.7864.932.89M
3MMMM71.4071.7471.0471.502.5M
Union PacificUNP80.4081.2480.2080.261.29M
Berkshire HathawayBRK.B3213.003213.003197.003200.005.2K
Exchange Rates of September 06, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116.670 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.106 CAD1 CAD = 0.904 USD
US DollarSwiss Franc1 USD = 1.235 CHF1 CHF = 0.810 USD
US DollarChinese Yuan1 USD = 7.944 CNY1 CNY = 0.126 USD
EuroJapanese Yen1 EUR = 149.360 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.679 GBP1 GBP = 1.473 EUR
EuroAustralian Dollar1 EUR = 1.671 AUD1 AUD = 0.599 EUR
EuroCanadian Dollar1 EUR = 1.415 CAD1 CAD = 0.707 EUR
EuroSwiss Franc1 EUR = 1.582 CHF1 CHF = 0.632 EUR
Japanese YenPound Sterling1 JPY = 0.454 GBP1 GBP = 2.201 JPY
Japanese YenAustralian Dollar1 JPY = 1.118 AUD1 AUD = 0.895 JPY
Japanese YenCanadian Dollar1 JPY = 0.947 CAD1 CAD = 1.056 JPY
Japanese YenSwiss Franc1 JPY = 1.059 CHF1 CHF = 0.945 JPY
Pound SterlingAustralian Dollar1 GBP = 2.461 AUD1 AUD = 0.406 GBP
Pound SterlingCanadian Dollar1 GBP = 2.085 CAD1 CAD = 0.480 GBP
Pound SterlingSwiss Franc1 GBP = 2.329 CHF1 CHF = 0.429 GBP
Australian DollarCanadian Dollar1 AUD = 0.847 CAD1 CAD = 1.181 AUD
Australian DollarSwiss Franc1 AUD = 0.946 CHF1 CHF = 1.057 AUD
Canadian DollarSwiss Franc1 CAD = 1.117 CHF1 CHF = 0.895 CAD

See what else happened on September 06, 2006