Financial news on July 10, 2006

Business and Financial news

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By THE NEW YORK TIMES - The New York Times

A Resurrection, of Sorts, for the Grateful Dead

The Grateful Dead has licensed Rhino Entertainment to manage exclusively all of the band's intellectual property. Read more..

By ALAN LIGHT - The New York Times

A Sense of Something Rotten in Aspen

Kenneth Lay's death, allowing him to escape prison and his family to potentially keep its assets, was met with suspicion in the blogosphere. Read more..

By TOM ZELLER Jr - The New York Times

Australian Trust Says It Will Buy Heritage

An Australian real estate investment trust has agreed to acquire Heritage Property Investment Trust for about $1.8 billion. Read more..

By ANDREW ROSS SORKIN - The New York Times

For eBay, Departures Underscore a Risky Time

The Internet auctioneer eBay is facing new concerns over executive turnover and management succession at a time when Google is invading its turf. Read more..

By KATIE HAFNER - The New York Times

In This Paper War, an Owner Faces an Exodus of Journalists

The journalists resigned from a locally-owned California paper last week because they claim the owner repeatedly undermined news coverage. Read more..

By LISA ALCALAY KLUG - The New York Times

Irksome as an Athlete, and Now as a Reporter

Paul Kimmage, a former cyclist, wrote about doping in cycling after retiring, angering cyclists. Now he has written about, and angered, the cycling press. Read more..

By IAN AUSTEN - The New York Times

Old Media, Not New, Is World Cup Winner

The World Cup demonstrated the continuing power of live sports events to pull in the mass television audiences that advertisers crave. Read more..

By ERIC PFANNER - The New York Times

Online Movie Tickets a Still-Evolving Force

The Web has helped make concert ticket lines all but obsolete. Why, then, are people still waiting in lines for movies? Read more..

By BOB TEDESCHI - The New York Times

You're Supposed to Add Water to Your Folgers?

Procter & Gamble Company is exploring so-called viral or word-of-mouth marketing online, and eyebrows are being raised all over cyberspace. Read more..

By STUART ELLIOTT - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO19.4819.5418.8218.9739.3M
Oracle Corp.ORCL14.7814.9814.4014.5932.8M
AT&T Inc.T27.8227.9727.3827.3827.1M
General ElectricGE33.3033.4633.1033.4515.8M
HP Inc.HPQ32.8532.9531.5731.9314M
Home DepotHD35.4735.5734.8635.0012.9M
Walt Disney & Co.DIS30.2030.3429.8529.9211.9M
Wal-Mart StoresWMT46.2546.7346.0546.187.31M
International Business MachinesIBM76.1876.8375.8776.677.15M
Abbott LaboratoriesABT44.1444.2343.5743.657.1M
Verizon CommunicationsVZ32.8933.0832.8132.986.99M
UnitedHealth GroupUNH45.5046.9545.4546.826.97M
Procter & GamblePG56.4357.1356.4356.986.78M
JPMorgan ChaseJPM42.5442.6942.4342.585.33M
Johnson & JohnsonJNJ60.8560.9960.7060.954.73M
Gilead SciencesGILD61.1261.9060.8061.604.23M
Bristol-Myers SquibbBMY25.3325.4625.2725.383.79M
Wells Fargo & Co.WFC68.3568.5268.1768.332.44M
United TechnologiesUTX63.3063.4762.6762.872.14M
Union PacificUNP90.7390.7989.2990.361.18M
Berkshire HathawayBRK.B3005.003046.003004.003034.009.4K
Exchange Rates of July 10, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.210 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.123 CAD1 CAD = 0.890 USD
US DollarSwiss Franc1 USD = 1.230 CHF1 CHF = 0.813 USD
US DollarChinese Yuan1 USD = 7.988 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 145.450 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.691 GBP1 GBP = 1.447 EUR
EuroAustralian Dollar1 EUR = 1.704 AUD1 AUD = 0.587 EUR
EuroCanadian Dollar1 EUR = 1.430 CAD1 CAD = 0.699 EUR
EuroSwiss Franc1 EUR = 1.566 CHF1 CHF = 0.638 EUR
Japanese YenPound Sterling1 JPY = 0.475 GBP1 GBP = 2.105 JPY
Japanese YenAustralian Dollar1 JPY = 1.171 AUD1 AUD = 0.854 JPY
Japanese YenCanadian Dollar1 JPY = 0.983 CAD1 CAD = 1.017 JPY
Japanese YenSwiss Franc1 JPY = 1.077 CHF1 CHF = 0.929 JPY
Pound SterlingAustralian Dollar1 GBP = 2.464 AUD1 AUD = 0.406 GBP
Pound SterlingCanadian Dollar1 GBP = 2.069 CAD1 CAD = 0.483 GBP
Pound SterlingSwiss Franc1 GBP = 2.265 CHF1 CHF = 0.442 GBP
Australian DollarCanadian Dollar1 AUD = 0.839 CAD1 CAD = 1.192 AUD
Australian DollarSwiss Franc1 AUD = 0.919 CHF1 CHF = 1.088 AUD
Canadian DollarSwiss Franc1 CAD = 1.095 CHF1 CHF = 0.914 CAD

See what else happened on July 10, 2006