Financial news on September 07, 2006

Business and Financial news
Britain: Layoffs at Kellogg

The Kellogg Company said that it would cut about 220 jobs at its factory in Manchester, England, to counter rising expenses for fuel and commodities. Eliminating the hourly and salaried positions will cost $60 million, the company said in a filing... Read more..

By BLOOMBERG NEWS - The New York Times

Coming Soon, to the Seat Next to You

The Creative Zen Vision W's screen is big enough to share movies and photos with your subway seatmates. Read more..

By JOHN BIGGS - The New York Times

In a Sea of Cellphones, a Pearl

The BlackBerry Pearl is a do-everything device that comes closer to the perfect cellphone than anything before it. Read more..

By DAVID POGUE - The New York Times

Labor Costs Shake a Pillar of Fed Policy

A new report suggested that the threat of higher inflation had not diminished and that it may take more monetary restraint to hold prices down. Read more..

By JEREMY W. PETERS - The New York Times

Magazines Going to the Web to Get Students to Read

A new initiative will deliver magazine subscriptions to college students via e-mail as a way to introduce them to a digital format that might stand up to print. Read more..

By JULIE BOSMAN - The New York Times

Merck Inquiry Backs Conduct Over Vioxx

An investigator hired by the company’s board found that Merck took “reasonable steps” to research Vioxx’s health risks. Read more..

By ALEX BERENSON - The New York Times

Options Data Sought From Home Depot

Home Depot said that federal prosecutors had requested information regarding its stock options practices. Read more..

By BLOOMBERG NEWS - The New York Times

Rivals May Challenge a Proposed Vivendi-Bertelsmann Deal

Bertelsmann agreed to sell its music publishing business to a French rival, Vivendi, but an association of independent competitors immediately promised to challenge the deal. Read more..

By DOREEN CARVAJAL - The New York Times

Safely Removing Reluctant Hardware

Why is it that my Windows computer sometimes will not let me unplug my U.S.B. flash drive? Read more..

By J.D. BIERSDORFER - The New York Times

With a Little Stealth, Just About Anyone Can Get Phone Records

Legislators, regulators and the phone industry are all considering ways to clamp down on unauthorized releases of phone records like those in the Hewlett-Packard case. Read more..

By MATT RICHTEL - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Oracle Corp. ORCL 15.64 16.20 15.58 16.01 77.4M
Intel INTC 19.23 19.50 19.06 19.22 76.8M
Cisco Systems CSCO 21.53 21.80 21.18 21.54 56.1M
Microsoft MSFT 25.48 25.70 25.39 25.43 51.3M
Apple AAPL 70.60 73.48 70.25 72.80 45.3M
General Electric GE 33.85 34.15 33.83 34.04 29.8M
Pfizer PFE 27.65 27.70 27.32 27.45 26.3M
ExxonMobil XOM 67.00 68.04 66.85 67.69 24.4M
Wal-Mart Stores WMT 45.40 46.04 45.30 45.54 16M
ConocoPhillips COP 61.61 62.15 60.82 61.52 14.9M
Bristol-Myers Squibb BMY 22.64 22.88 22.60 22.71 14.3M
HP Inc. HPQ 35.45 35.75 35.21 35.42 12.1M
Abbott Laboratories ABT 47.70 47.92 47.50 47.90 11.8M
Home Depot HD 33.90 34.62 33.75 34.34 11.6M
Schlumberger SLB 58.84 59.13 57.82 58.50 11.3M
AT&T Inc. T 31.57 31.60 31.13 31.28 10.4M
Verizon Communications VZ 35.25 35.44 35.08 35.31 9.61M
Altria MO 82.75 82.96 81.86 82.12 9.18M
Amazon AMZN 30.57 30.64 29.68 29.73 8.9M
Comcast CMCSA 34.58 35.42 34.58 34.96 8.74M
Chevron CVX 65.00 66.45 64.99 65.40 8M
Alphabet GOOGL 379.39 381.75 377.40 378.49 7.68M
Johnson & Johnson JNJ 63.51 63.70 63.25 63.46 7.41M
Coca-Cola KO 44.65 44.70 44.37 44.49 7.39M
JPMorgan Chase JPM 45.89 45.91 45.13 45.20 7.28M
Procter & Gamble PG 61.80 62.03 61.34 61.53 7.17M
Merck MRK 41.40 41.45 40.50 40.64 6.93M
Wells Fargo & Co. WFC 35.04 35.14 34.57 34.67 6.72M
Walt Disney & Co. DIS 29.42 29.69 29.30 29.49 6.72M
Amgen AMGN 68.65 68.71 67.90 68.33 6.02M
Boeing BA 74.44 74.44 72.76 72.87 4.27M
McDonald's MCD 36.12 36.61 36.05 36.52 4.13M
Pepsico PEP 64.31 64.63 64.10 64.22 3.96M
International Business Machines IBM 79.90 80.38 79.31 79.40 3.91M
Gilead Sciences GILD 61.73 62.40 61.43 61.82 3.73M
3M MMM 71.50 71.70 70.59 70.59 3.28M
United Technologies UTX 62.91 63.27 62.21 62.77 2.58M
UnitedHealth Group UNH 50.50 50.82 49.97 50.21 2.41M
Union Pacific UNP 79.97 80.12 79.35 79.88 1.47M
Berkshire Hathaway BRK.B 3195.00 3203.50 3188.00 3200.50 5.5K
Exchange Rates of September 07, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.450 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.110 CAD 1 CAD = 0.901 USD
US Dollar Swiss Franc 1 USD = 1.243 CHF 1 CHF = 0.805 USD
US Dollar Chinese Yuan 1 USD = 7.947 CNY 1 CNY = 0.126 USD
Euro Japanese Yen 1 EUR = 148.270 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.679 GBP 1 GBP = 1.474 EUR
Euro Australian Dollar 1 EUR = 1.676 AUD 1 AUD = 0.597 EUR
Euro Canadian Dollar 1 EUR = 1.413 CAD 1 CAD = 0.708 EUR
Euro Swiss Franc 1 EUR = 1.582 CHF 1 CHF = 0.632 EUR
Japanese Yen Pound Sterling 1 JPY = 0.458 GBP 1 GBP = 2.186 JPY
Japanese Yen Australian Dollar 1 JPY = 1.130 AUD 1 AUD = 0.885 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.953 CAD 1 CAD = 1.050 JPY
Japanese Yen Swiss Franc 1 JPY = 1.067 CHF 1 CHF = 0.937 JPY
Pound Sterling Australian Dollar 1 GBP = 2.470 AUD 1 AUD = 0.405 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.082 CAD 1 CAD = 0.480 GBP
Pound Sterling Swiss Franc 1 GBP = 2.331 CHF 1 CHF = 0.429 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.843 CAD 1 CAD = 1.187 AUD
Australian Dollar Swiss Franc 1 AUD = 0.943 CHF 1 CHF = 1.060 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.119 CHF 1 CHF = 0.894 CAD

See what else happened on September 07, 2006