Financial news on December 11, 2006

Business and Financial news
Addenda

Accounts. Read more..

By THE NEW YORK TIMES - The New York Times

American Sports Being Exported to New Fans in the Old World

A crowd of American sports leagues are racing to widen international appeal and revenue by playing more games abroad and expanding foreign marketing. Read more..

By DOREEN CARVAJAL - The New York Times

Equity Firms in Talks to Buy Sabre Holdings

Sabre Holdings, the travel reservation company, is in advanced talks to be sold to a consortium of private equity firms for more than $4 billion. Read more..

By ANDREW ROSS SORKIN - The New York Times

Online Swindlers Shift Focus to Smaller Retailers

The holiday season typically brings a surge in the number of fraudulent online orders, and smaller online retailers are being hit especially hard this year. Read more..

By BOB TEDESCHI - The New York Times

Sales of iPods and iTunes Not Much in Sync

The numbers suggest that iPods are not driving iTunes sales as much as early supporters may have expected. Read more..

By ALEX MINDLIN - The New York Times

S.E.C. to Ease Auditing Standards for Small Publicly Held Companies

The long-awaited interpretation of the Sarbanes-Oxley Act is the culmination of a fierce lobbying battle between accounting firms and small public companies. Read more..

By STEPHEN LABATON - The New York Times

Squeezing Money From the Music

Major labels have begun demanding a cut of concert earnings or T-shirt, ring tone and merchandise revenue from new artists seeking record contracts. Read more..

By JEFF LEEDS - The New York Times

Stronger Rules on Produce Likely After Outbreaks of E.Coli

Outbreaks have caused the produce industry, long wary of regulation, to ask for more government oversight. Read more..

By ANDREW MARTIN - The New York Times

Times Sq. Ads Spread Via Tourists’ Cameras

Online, an army of consumers is spreading messages from advertisers well beyond Manhattan. Read more..

By LOUISE STORY - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Microsoft MSFT 29.19 29.75 29.11 29.54 108M
Pfizer PFE 25.60 25.60 24.96 25.15 56.1M
Oracle Corp. ORCL 17.77 18.25 17.71 18.07 43.9M
Cisco Systems CSCO 26.90 27.48 26.85 27.11 43M
Intel INTC 20.62 20.92 20.60 20.70 37.8M
General Electric GE 35.24 35.52 35.05 35.22 30.1M
HP Inc. HPQ 39.56 40.18 39.43 40.01 19M
ExxonMobil XOM 75.25 75.84 74.82 75.36 18.6M
Apple AAPL 88.90 89.30 88.05 88.75 17.8M
Wal-Mart Stores WMT 46.28 46.45 45.92 46.00 16.5M
AT&T Inc. T 34.88 35.33 34.80 35.18 16.2M
Home Depot HD 38.80 38.95 38.46 38.79 15.6M
ConocoPhillips COP 70.65 71.00 70.14 70.75 11.7M
Verizon Communications VZ 35.50 35.86 35.46 35.69 11.5M
JPMorgan Chase JPM 46.70 47.84 46.70 47.55 11.2M
Comcast CMCSA 41.97 43.05 41.97 42.69 9.52M
Coca-Cola KO 48.85 49.16 48.58 48.81 9.09M
Chevron CVX 72.83 74.04 72.66 73.70 7.99M
Merck MRK 44.92 44.92 43.86 44.01 7.82M
Johnson & Johnson JNJ 65.96 66.00 65.46 65.70 7.73M
Wells Fargo & Co. WFC 35.43 35.61 35.33 35.39 7.22M
Walt Disney & Co. DIS 34.29 34.64 34.25 34.52 7.16M
Abbott Laboratories ABT 47.90 48.11 47.57 47.82 7.07M
Alphabet GOOGL 484.92 488.90 483.80 483.93 6.52M
Amgen AMGN 69.93 70.45 69.48 69.89 5.95M
Schlumberger SLB 66.39 67.06 65.75 65.90 5.63M
Bristol-Myers Squibb BMY 25.36 25.55 25.30 25.42 4.86M
Amazon AMZN 38.22 39.15 38.08 38.69 4.85M
McDonald's MCD 43.50 43.79 43.37 43.58 4.61M
UnitedHealth Group UNH 49.90 50.31 49.35 50.09 4.48M
Altria MO 84.77 85.22 84.61 85.02 4.2M
Procter & Gamble PG 63.70 64.03 63.60 63.87 3.86M
Pepsico PEP 63.21 63.38 62.52 62.76 3.83M
International Business Machines IBM 93.72 94.35 93.56 93.64 3.46M
United Technologies UTX 64.64 65.07 64.39 65.01 3.39M
3M MMM 78.76 79.21 78.09 78.85 2.81M
Boeing BA 89.77 90.20 89.52 89.78 2.36M
Gilead Sciences GILD 65.59 66.15 65.22 65.75 2.13M
Union Pacific UNP 92.76 94.50 92.35 93.89 1.3M
Berkshire Hathaway BRK.B 3562.00 3618.00 3562.00 3592.00 16K
Exchange Rates of December 11, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 116.970 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.148 CAD 1 CAD = 0.871 USD
US Dollar Swiss Franc 1 USD = 1.203 CHF 1 CHF = 0.831 USD
US Dollar Chinese Yuan 1 USD = 7.829 CNY 1 CNY = 0.128 USD
Euro Japanese Yen 1 EUR = 154.810 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.676 GBP 1 GBP = 1.480 EUR
Euro Australian Dollar 1 EUR = 1.686 AUD 1 AUD = 0.593 EUR
Euro Canadian Dollar 1 EUR = 1.519 CAD 1 CAD = 0.659 EUR
Euro Swiss Franc 1 EUR = 1.592 CHF 1 CHF = 0.628 EUR
Japanese Yen Pound Sterling 1 JPY = 0.436 GBP 1 GBP = 2.292 JPY
Japanese Yen Australian Dollar 1 JPY = 1.089 AUD 1 AUD = 0.919 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.981 CAD 1 CAD = 1.020 JPY
Japanese Yen Swiss Franc 1 JPY = 1.028 CHF 1 CHF = 0.973 JPY
Pound Sterling Australian Dollar 1 GBP = 2.495 AUD 1 AUD = 0.401 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.247 CAD 1 CAD = 0.445 GBP
Pound Sterling Swiss Franc 1 GBP = 2.355 CHF 1 CHF = 0.425 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.900 CAD 1 CAD = 1.111 AUD
Australian Dollar Swiss Franc 1 AUD = 0.943 CHF 1 CHF = 1.060 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.048 CHF 1 CHF = 0.954 CAD

See what else happened on December 11, 2006