Financial news on October 9th, 2006

Business and Financial news
Dolans Try New Bid to Take Cablevision Private

The Dolans’ bid comes amid a sweeping trend of the nation’s biggest family-controlled companies taking themselves private. Read more..

By ANDREW ROSS SORKIN - The New York Times

Genealogy for the Living, the Dead, the Far Away

In keeping with the social networking trend, some genealogy sites are trying to connect people with living relatives as well as long-dead ancestors. Read more..

By BOB TEDESCHI - The New York Times

In TV Land This Season, a Few Happy Surprises but No Breakthrough Hits

The networks have already dropped several new shows, and many new series are losing the huge audiences delivered by hit shows that precede them. Read more..

By BILL CARTER - The New York Times

Looking Ahead

TOP HONORS Many people would be hard pressed to name a famous economist, but the Royal Swedish Academy of Sciences will do so — or at least name an economist (or two) who will instantly become famous — when it awards the Nobel Memorial Prize in Ec... Read more..

By THE NEW YORK TIMES - The New York Times

Lowdown: A Farewell to Gossip

Gossip columnist Lloyd Grove, hired in 2003 by The Daily News to countervail the dominance of the New York Post’s Page Six, has been let go. Read more..

By DAVID CARR - The New York Times

MySpace, Refuge of the Young, Ages a Bit

A report says that the proportion of visitors to who are 12 to 17 years old has shrunk by nearly half since last year. Read more..

By ALEX MINDLIN - The New York Times

Stock Offerings This Week

The following equity and convertible debt offerings are expected this week:. Read more..

By THE NEW YORK TIMES - The New York Times

Under-Age Cover Girl? Farewell, Liquor Ads

Liquor companies will not advertise in magazines if the face on the cover, like Brooke Hogan,18, on FHM’s November issue, cannot legally drink. Read more..

By LIA MILLER - The New York Times

Virgin Hopes ‘Disembarkaphobia’ Is Contagious

Defined as “the desire to stay onboard a Virgin Atlantic flight,” the imaginary malady is the centerpiece of a new Virgin Atlantic online ad campaign. Read more..

By JANE L. LEVERE - The New York Times

Where Faith Abides, Employees Have Few Rights

For years, U.S. judges have used the separation of church and state to shield religious employers of all faiths from labor laws and most employee lawsuits. Read more..

By DIANA B. HENRIQUES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO24,2524,4024,1224,3137.6M
Oracle Corp.ORCL18,1618,5918,0718,5533.3M
General ElectricGE36,1436,2435,8636,1618.4M
AT&T Inc.T32,0532,4131,8232,1816.4M
Verizon CommunicationsVZ36,0036,7336,0036,6911.5M
HP Inc.HPQ37,6338,0037,4438,0011.2M
Wal-Mart StoresWMT48,1948,5347,9748,229.65M
Home DepotHD36,8137,7436,7937,709.49M
Abbott LaboratoriesABT46,3947,0646,3746,709.45M
JPMorgan ChaseJPM46,8747,2146,6947,117.25M
Bristol-Myers SquibbBMY24,4124,4224,1624,385.97M
Johnson & JohnsonJNJ64,7765,0064,6664,875.55M
Walt Disney & Co.DIS31,3031,5931,2331,395.3M
International Business MachinesIBM83,1484,0883,0084,004.49M
Procter & GamblePG62,7863,0462,7462,853.88M
UnitedHealth GroupUNH51,4951,5050,6250,723.77M
Gilead SciencesGILD65,3565,5264,6065,182.47M
Wells Fargo & Co.WFC36,2636,4236,1836,412.39M
United TechnologiesUTX65,4765,7764,9565,202.11M
Union PacificUNP88,6690,0788,1389,331.19M
Berkshire HathawayBRK.B3286,003286,003261,003271,005.5K
Exchange Rates of October 9th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119,080 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,123 CAD1 CAD = 0,891 USD
US DollarSwiss Franc1 USD = 1,262 CHF1 CHF = 0,792 USD
US DollarChinese Yuan1 USD = 7,901 CNY1 CNY = 0,127 USD
EuroJapanese Yen1 EUR = 149,980 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,675 GBP1 GBP = 1,483 EUR
EuroAustralian Dollar1 EUR = 1,692 AUD1 AUD = 0,591 EUR
EuroCanadian Dollar1 EUR = 1,414 CAD1 CAD = 0,707 EUR
EuroSwiss Franc1 EUR = 1,589 CHF1 CHF = 0,629 EUR
Japanese YenPound Sterling1 JPY = 0,450 GBP1 GBP = 2,225 JPY
Japanese YenAustralian Dollar1 JPY = 1,127 AUD1 AUD = 0,887 JPY
Japanese YenCanadian Dollar1 JPY = 0,942 CAD1 CAD = 1,061 JPY
Japanese YenSwiss Franc1 JPY = 1,060 CHF1 CHF = 0,944 JPY
Pound SterlingAustralian Dollar1 GBP = 2,508 AUD1 AUD = 0,399 GBP
Pound SterlingCanadian Dollar1 GBP = 2,096 CAD1 CAD = 0,477 GBP
Pound SterlingSwiss Franc1 GBP = 2,355 CHF1 CHF = 0,425 GBP
Australian DollarCanadian Dollar1 AUD = 0,835 CAD1 CAD = 1,197 AUD
Australian DollarSwiss Franc1 AUD = 0,939 CHF1 CHF = 1,065 AUD
Canadian DollarSwiss Franc1 CAD = 1,124 CHF1 CHF = 0,890 CAD

See what else happened on October 9th, 2006