Financial news on May 08, 2006

Business and Financial news
At E3 Video Game Convention, New Generation Bows

At this year's E3 convention, game makers hope to show that they have realistic plans to capitalize on next-generation consoles. Read more..

By SETH SCHIESEL and MATT RICHTEL - The New York Times

Attention, Commuters: Next Stop, Commentary

Hacking your own message onto scrolling L.E.D. signs is simple. All you need is a $25 infrared transmitter and a little patience. Read more..

By IAN AUSTEN - The New York Times

I.B.M. Seeks to Make the Mainframe Modern Technology

I.B.M. is introducing new software tools, academic programs and developer support to spur demand for its mainframe computers. Read more..

By STEVE LOHR - The New York Times

Looking Ahead

THE LATEST RATE The main economic news of the week will be the midweek meeting of the Federal Open Market Committee, where policy makers are expected to raise their benchmark interest rate by another quarter-point, to 5 percent. (Wednesday.). Read more..

By THE NEW YORK TIMES - The New York Times

'M' Is for the Many Ways Marketers Court Her

Web sites aimed at mothers of school-age children are popping up quickly, while existing sites are adding community features. Read more..

By BOB TEDESCHI - The New York Times

Possible Deal Would Make Major Player in Lab Tools

Fisher Scientific International, a medical lab equipment supplier, is near a deal to merge with rival Thermo Electron Corporation. Read more..

By ANDREW ROSS SORKIN and ANDREW POLLACK - The New York Times

To Sell Goods, the Celebrity Face Matters

A study on endorsements found that no one had a higher positive "purchase influence" than home improvement guru Ty Pennington. Read more..

ALEX MINDLIN - The New York Times

Treasury Bills Scheduled for This Week

The Treasury's schedule of financing this week includes today's regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow. Read more..

By THE NEW YORK TIMES - The New York Times

Wachovia Near a Deal to Acquire Bank in West

The acquisition, for about $26 billion in cash and stock, would give Wachovia an important foothold in California. Read more..

By ANDREW ROSS SORKIN and JULIE CRESWELL - The New York Times

Yahoo Is Unleashing a New Way to Turn Ad Clicks Into Ka-Ching

In hopes of catching up to Google's ad revenue, Yahoo will soon release a simpler, more stable and more nuanced search-advertising system. Read more..

By SAUL HANSELL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC19.6420.2219.6420.11103M
MicrosoftMSFT23.8525.0023.5123.7380.7M
Cisco SystemsCSCO21.6521.8921.5721.7647.3M
Oracle Corp.ORCL14.4314.5514.1714.2329.7M
Walt Disney & Co.DIS29.3029.3228.6128.7728M
AppleAAPL72.9973.8071.7271.8921.2M
PfizerPFE25.4025.7025.3825.5420.5M
UnitedHealth GroupUNH46.0046.6544.8845.0819.4M
ExxonMobilXOM63.6064.0963.1763.7116.6M
General ElectricGE35.1035.2434.9735.0016.4M
Procter & GamblePG55.4356.6055.4256.3414.7M
Coca-ColaKO42.8543.7442.8243.3713.7M
AT&T Inc.T26.1026.2525.9526.1412.3M
ConocoPhillipsCOP66.1567.1365.5266.9712.1M
JPMorgan ChaseJPM46.6046.6546.0446.1010.3M
AlphabetGOOGL395.11397.12390.05394.7810.2M
Wal-Mart StoresWMT47.2547.9047.1047.579.88M
AmgenAMGN67.0568.3666.9868.058.91M
ComcastCMCSA30.6531.2930.6331.068.33M
HP Inc.HPQ33.5133.9533.3533.797.7M
Abbott LaboratoriesABT42.3142.5442.2642.477.51M
Verizon CommunicationsVZ32.9533.2532.8532.927.12M
Home DepotHD41.3541.4540.8841.017.03M
ChevronCVX61.9462.3561.2862.016.5M
MerckMRK34.7734.7934.2534.456.39M
Bristol-Myers SquibbBMY25.3025.3225.0425.116.31M
SchlumbergerSLB70.7071.2369.7470.986.1M
Johnson & JohnsonJNJ58.7058.8858.6558.715.95M
Gilead SciencesGILD56.2557.0556.2556.524.51M
AmazonAMZN34.9935.3134.4734.694.24M
United TechnologiesUTX65.0065.4064.6464.894.07M
McDonald'sMCD35.2135.3935.2035.394.04M
AltriaMO73.7074.0073.2673.603.89M
International Business MachinesIBM82.6083.2282.3082.893.86M
PepsicoPEP59.0659.2558.7558.903.7M
3MMMM87.1088.3587.0688.133.52M
BoeingBA88.4889.3087.3687.593.33M
Wells Fargo & Co.WFC68.7269.2468.2068.393.21M
Union PacificUNP93.2594.2293.0593.601.36M
Berkshire HathawayBRK.B2970.002990.002954.002954.0019K
Exchange Rates of May 08, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 111.760 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.113 CAD1 CAD = 0.899 USD
US DollarSwiss Franc1 USD = 1.229 CHF1 CHF = 0.814 USD
US DollarChinese Yuan1 USD = 8.007 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 141.920 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.463 EUR
EuroAustralian Dollar1 EUR = 1.652 AUD1 AUD = 0.605 EUR
EuroCanadian Dollar1 EUR = 1.413 CAD1 CAD = 0.708 EUR
EuroSwiss Franc1 EUR = 1.560 CHF1 CHF = 0.641 EUR
Pound SterlingAustralian Dollar1 GBP = 2.417 AUD1 AUD = 0.414 GBP
Pound SterlingCanadian Dollar1 GBP = 2.067 CAD1 CAD = 0.484 GBP
Pound SterlingSwiss Franc1 GBP = 2.283 CHF1 CHF = 0.438 GBP
Australian DollarCanadian Dollar1 AUD = 0.855 CAD1 CAD = 1.170 AUD
Australian DollarSwiss Franc1 AUD = 0.944 CHF1 CHF = 1.059 AUD

See what else happened on May 08, 2006