Financial news on June 07, 2006
Business and Financial news
Repealing the estate tax, which applies to large fortunes after death, would save a lot of money for a very few people — about one in 6,000, whose estates would each save an average of more than $800,000. Read more..
When Pete Skyllas first approached the abandoned freight house at 12th Avenue and 135th Street in West Harlem in search of the owner, all he remembers was the stink. Read more..
From the deliciously funny Web site PatentlySilly, it's the cordless jump rope! Read more..
BAA said that it had accepted a takeover offer from the Spanish construction group Ferrovial, ending a nearly four-month fight to remain independent. Read more..
The struggle for control over stock exchanges took a political turn as President Jacques Chirac of France said that he preferred an all-European deal. Read more..
The upgraded systems represent a new approach for Dell, which focused on simplifying the task of installing and managing servers, not just selling them. Read more..
By Bloomberg News. Read more..
Newly released company records show that Guidant drafted a letter to doctors last year that disclosed significant defects in its heart device but never sent it. Read more..
By Bloomberg News. Read more..
Five million families now have a Netflix account, making it one of the most impressive companies around. So why do so many people think it's doomed? Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Intel | INTC | 17,78 | 17,79 | 17,33 | 17,39 | 109M |
| Microsoft | MSFT | 22,15 | 22,39 | 22,01 | 22,04 | 73.8M |
| Cisco Systems | CSCO | 20,26 | 20,27 | 19,90 | 19,91 | 40.7M |
| Oracle Corp. | ORCL | 13,87 | 13,88 | 13,50 | 13,54 | 30.4M |
| ExxonMobil | XOM | 60,30 | 60,36 | 58,80 | 58,85 | 28M |
| General Electric | GE | 34,55 | 34,92 | 34,40 | 34,40 | 27.9M |
| Pfizer | PFE | 24,02 | 24,18 | 23,89 | 23,91 | 26.9M |
| Apple | AAPL | 60,10 | 60,40 | 58,35 | 58,57 | 26.8M |
| Alphabet | GOOGL | 393,24 | 394,86 | 386,50 | 386,51 | 17.8M |
| ConocoPhillips | COP | 61,61 | 62,04 | 60,48 | 60,52 | 17M |
| Chevron | CVX | 58,94 | 59,71 | 57,16 | 57,17 | 13.8M |
| Walt Disney & Co. | DIS | 30,53 | 31,03 | 30,42 | 30,65 | 13.7M |
| Comcast | CMCSA | 33,27 | 33,36 | 32,94 | 33,15 | 13M |
| HP Inc. | HPQ | 31,00 | 31,37 | 30,91 | 30,93 | 12.6M |
| AT&T Inc. | T | 26,80 | 26,91 | 26,59 | 26,59 | 12.2M |
| Home Depot | HD | 36,95 | 37,38 | 36,65 | 36,71 | 11.7M |
| Schlumberger | SLB | 63,15 | 63,40 | 60,46 | 60,51 | 11.5M |
| Verizon Communications | VZ | 31,88 | 32,03 | 31,67 | 31,84 | 11M |
| Abbott Laboratories | ABT | 42,48 | 43,17 | 42,40 | 42,89 | 10.7M |
| Altria | MO | 72,23 | 72,24 | 70,91 | 70,95 | 10.1M |
| JPMorgan Chase | JPM | 42,37 | 42,77 | 42,13 | 42,25 | 9.96M |
| Wal-Mart Stores | WMT | 47,07 | 47,73 | 46,92 | 47,04 | 9.69M |
| Johnson & Johnson | JNJ | 61,12 | 61,69 | 61,01 | 61,17 | 9.51M |
| Merck | MRK | 34,08 | 34,51 | 33,94 | 33,96 | 8.84M |
| Procter & Gamble | PG | 53,60 | 54,13 | 53,16 | 53,24 | 8.44M |
| International Business Machines | IBM | 79,78 | 80,74 | 79,12 | 79,15 | 7.92M |
| Amgen | AMGN | 67,69 | 68,14 | 67,10 | 67,21 | 6.76M |
| Wells Fargo & Co. | WFC | 67,69 | 69,05 | 67,67 | 68,23 | 6.46M |
| Coca-Cola | KO | 43,62 | 43,80 | 43,35 | 43,38 | 5.79M |
| Amazon | AMZN | 33,40 | 34,54 | 32,91 | 33,77 | 5.3M |
| UnitedHealth Group | UNH | 46,49 | 46,88 | 46,21 | 46,28 | 5.29M |
| McDonald's | MCD | 33,50 | 33,77 | 33,30 | 33,32 | 5.07M |
| Gilead Sciences | GILD | 56,59 | 57,98 | 56,59 | 56,81 | 5.06M |
| Boeing | BA | 80,85 | 81,92 | 80,29 | 81,46 | 5.01M |
| United Technologies | UTX | 60,89 | 61,14 | 59,80 | 60,02 | 4.71M |
| Pepsico | PEP | 60,52 | 60,79 | 60,30 | 60,30 | 4.12M |
| Bristol-Myers Squibb | BMY | 25,01 | 25,17 | 24,88 | 24,90 | 3.97M |
| 3M | MMM | 82,26 | 82,28 | 80,34 | 80,34 | 3.8M |
| Union Pacific | UNP | 89,86 | 90,32 | 86,91 | 87,17 | 2.08M |
| Berkshire Hathaway | BRK.B | 3038,00 | 3041,50 | 3018,00 | 3020,00 | 6.5K |
Exchange Rates of June 07, 2006
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 113,390 JPY | 1 JPY = 0,009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1,113 CAD | 1 CAD = 0,899 USD |
| US Dollar | Swiss Franc | 1 USD = 1,220 CHF | 1 CHF = 0,819 USD |
| US Dollar | Chinese Yuan | 1 USD = 8,016 CNY | 1 CNY = 0,125 USD |
| Euro | Japanese Yen | 1 EUR = 145,110 JPY | 1 JPY = 0,007 EUR |
| Euro | Pound Sterling | 1 EUR = 0,689 GBP | 1 GBP = 1,451 EUR |
| Euro | Australian Dollar | 1 EUR = 1,726 AUD | 1 AUD = 0,579 EUR |
| Euro | Canadian Dollar | 1 EUR = 1,424 CAD | 1 CAD = 0,702 EUR |
| Euro | Swiss Franc | 1 EUR = 1,562 CHF | 1 CHF = 0,640 EUR |
| Pound Sterling | Australian Dollar | 1 GBP = 2,504 AUD | 1 AUD = 0,399 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2,066 CAD | 1 CAD = 0,484 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2,266 CHF | 1 CHF = 0,441 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0,825 CAD | 1 CAD = 1,213 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0,904 CHF | 1 CHF = 1,106 AUD |
See what else happened on June 07, 2006