Financial news on July 07, 2006

Business and Financial news
3 Senators Protest Possible Tax Deduction for Boeing in Settling U.S. Case

The senators said allowing Boeing to deduct payments to settle government ethics charges "would be unacceptable." Read more..

By LESLIE WAYNE - The New York Times

A Class-Action Shuffle

For class-action securities-law firms, opportunity is in the air after a leading firm, Milberg Weiss Bershad & Schulman, was indicted in May. Read more..

By ELLEN ROSEN - The New York Times

Brazil's Oil Giant Is Drilling Far From Home Waters

Petrobras has shifted its focus from domestic production toward becoming a player on the global energy market and a major foreign investor. Read more..

By PAULO PRADA - The New York Times

Can a Failure Become a Savior?

Does it make sense for General Motors to be rescued by Renault, a company that has failed repeatedly in its efforts to sell cars to Americans? Read more..

By FLOYD NORRIS - The New York Times

Department Stores Staged a Comeback in June

For the second consecutive month, sales at department stores far outstripped those of specialty apparel chains. Read more..

By MICHAEL BARBARO - The New York Times

Jump-Start or New Battery for G.M.?

Directors of General Motors are scheduled to meet Friday to discuss whether to open talks on a three-way alliance involving G.M., Renault and Nissan. Read more..

By MICHELINE MAYNARD - The New York Times

Lessons From the British Way of Policing Hedge Funds

When it comes to hedge funds, securities regulators in London seem to follow a simple approach: relationships matter. Read more..

By JENNY ANDERSON - The New York Times

Manischewitz Wants to Move to a Mainstream Aisle

Several marketers are trying to take advantage of surging demand for kosher foods among all shoppers. Read more..

By STUART ELLIOTT - The New York Times

Midwest Utilities Discuss a Deal

The WPS Resources Corporation, an electricity supplier in Wisconsin and Michigan, said that it was in talks to buy the Peoples Energy Corporation. Read more..

By BLOOMBERG NEWS - The New York Times

S.E.C. Commissioner Sees Good in Options

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 23,39 23,55 23,30 23,30 63.2M
Intel INTC 18,71 18,95 18,50 18,56 57.5M
Oracle Corp. ORCL 14,50 14,98 14,42 14,78 53.2M
Cisco Systems CSCO 19,50 19,62 19,22 19,39 33.8M
Apple AAPL 55,48 56,55 54,67 55,40 28.5M
3M MMM 75,50 76,28 73,84 74,10 24.4M
General Electric GE 33,35 33,51 33,21 33,30 20.3M
ExxonMobil XOM 63,70 63,89 62,49 62,84 18.5M
Altria MO 77,58 78,00 76,79 77,80 18M
Pfizer PFE 23,80 23,90 23,60 23,68 17.5M
HP Inc. HPQ 32,95 33,31 32,74 32,85 16M
Home Depot HD 35,51 35,70 35,28 35,37 14.6M
AT&T Inc. T 27,64 27,74 27,47 27,74 14.5M
ConocoPhillips COP 68,00 68,97 67,02 67,19 12.3M
Alphabet GOOGL 426,05 427,89 415,88 420,45 12.1M
Wal-Mart Stores WMT 46,48 46,63 45,88 46,00 10.5M
Merck MRK 36,70 37,00 36,34 36,97 10M
Walt Disney & Co. DIS 29,90 30,08 29,67 29,83 9.48M
Verizon Communications VZ 33,14 33,43 32,65 32,71 9.37M
Chevron CVX 64,40 65,00 63,33 63,68 8.96M
Amgen AMGN 66,20 67,18 65,97 66,39 8.63M
Abbott Laboratories ABT 43,78 44,20 43,71 43,80 8.29M
Comcast CMCSA 32,14 32,58 32,08 32,16 7.05M
Procter & Gamble PG 56,45 56,75 56,25 56,50 6.83M
Schlumberger SLB 64,50 65,29 62,53 62,75 6.74M
JPMorgan Chase JPM 42,45 42,75 42,29 42,41 6.74M
International Business Machines IBM 78,09 78,09 76,12 76,42 6.64M
Johnson & Johnson JNJ 60,60 60,87 60,43 60,62 5.35M
Bristol-Myers Squibb BMY 25,29 25,62 25,29 25,33 5.26M
Amazon AMZN 36,71 37,28 35,75 36,11 5M
Wells Fargo & Co. WFC 67,54 68,51 67,30 68,11 4.92M
UnitedHealth Group UNH 45,25 45,59 45,01 45,39 4.57M
Gilead Sciences GILD 59,86 61,27 59,52 60,76 4.51M
McDonald's MCD 33,69 33,71 33,09 33,18 4.13M
Coca-Cola KO 43,32 43,49 43,12 43,18 2.94M
United Technologies UTX 63,75 63,85 62,50 63,10 2.88M
Boeing BA 81,00 81,29 79,53 79,99 2.59M
Pepsico PEP 60,36 60,72 60,23 60,46 2.49M
Union Pacific UNP 90,13 90,73 89,49 90,12 1.13M
Berkshire Hathaway BRK.B 2998,00 3009,00 2995,00 3005,00 14.7K
Exchange Rates of July 07, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 113,900 JPY 1 JPY = 0,009 USD
US Dollar Canadian Dollar 1 USD = 1,114 CAD 1 CAD = 0,898 USD
US Dollar Swiss Franc 1 USD = 1,222 CHF 1 CHF = 0,818 USD
US Dollar Chinese Yuan 1 USD = 7,984 CNY 1 CNY = 0,125 USD
Euro Japanese Yen 1 EUR = 145,960 JPY 1 JPY = 0,007 EUR
Euro Pound Sterling 1 EUR = 0,692 GBP 1 GBP = 1,446 EUR
Euro Australian Dollar 1 EUR = 1,703 AUD 1 AUD = 0,587 EUR
Euro Canadian Dollar 1 EUR = 1,428 CAD 1 CAD = 0,700 EUR
Euro Swiss Franc 1 EUR = 1,566 CHF 1 CHF = 0,639 EUR
Pound Sterling Australian Dollar 1 GBP = 2,462 AUD 1 AUD = 0,406 GBP
Pound Sterling Canadian Dollar 1 GBP = 2,064 CAD 1 CAD = 0,484 GBP
Pound Sterling Swiss Franc 1 GBP = 2,264 CHF 1 CHF = 0,442 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,838 CAD 1 CAD = 1,193 AUD
Australian Dollar Swiss Franc 1 AUD = 0,919 CHF 1 CHF = 1,088 AUD

See what else happened on July 07, 2006