Financial news on July 11th, 2006

Business and Financial news
Airlines Give Some Thought to Food for the Health-Conscious

Several international carriers recently began sharing nutritional information for their menu items and offering lighter alternatives. Read more..

By BARBARA S. PETERSON - The New York Times

Borrowing Rises as Credit Card Use Jumps

Credit card and other types of revolving debt jumped in May by the most since October 2004. Read more..

By BLOOMBERG NEWS - The New York Times

China Posts a Surplus Sure to Stir U.S. Alarm

Economists said that the huge imbalance raises the prospect of more tensions with the U.S. and Europe. Read more..

By DAVID BARBOZA - The New York Times

Paulson, Taking Treasury Post, Emphasizes Global Issues

Henry M. Paulson Jr. will be leading a new economic team that has an early reputation as more pragmatic than ideological. Read more..

By EDMUND L. ANDREWS - The New York Times

Revlon Says Second-Quarter Loss Nearly Tripled

By Bloomberg News. Read more..

By BLOOMBERG NEWS - The New York Times

Telecom Stake in Hong Kong Is Sold Locally

Richard Li, the 39-year-old tycoon who heads PCCW, the city’s leading telecommunications company, agreed to sell most of his stake to a local investor. Read more..

By DONALD GREENLEES, International Herald Tribune - The New York Times

The Art of Etch-a-Sketch

These works of art sell for $5000 and up, but let's hope the one you buy doesn’t get jostled on its way through FedEx. Read more..

By DAVID POGUE - The New York Times

Upbeat Germany Sees Good Times Lasting Past the Cup

Germany’s image underwent a makeover during the World Cup, but whether that translates into a lasting dividend is open to debate. Read more..

By MARK LANDLER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO18.8218.8718.3618.6974.7M
Oracle Corp.ORCL14.4714.5814.2914.5435.1M
AT&T Inc.T27.3927.4827.1727.2425.1M
General ElectricGE33.3733.3832.9933.2622.4M
Home DepotHD34.8834.9333.8934.3821.5M
UnitedHealth GroupUNH47.0048.9546.9048.0915.1M
HP Inc.HPQ31.8032.6931.6632.5413.9M
Wal-Mart StoresWMT46.0546.2145.4146.1313.2M
Abbott LaboratoriesABT43.6644.6943.5844.2612.1M
Verizon CommunicationsVZ32.9133.1432.4732.6910.5M
Walt Disney & Co.DIS29.9030.2729.8330.2510.2M
JPMorgan ChaseJPM42.3642.9942.1542.878.81M
Johnson & JohnsonJNJ60.9360.9960.6060.777.1M
Procter & GamblePG56.7857.3456.7857.256.1M
International Business MachinesIBM76.4076.6575.4476.476.09M
Gilead SciencesGILD61.8262.5660.6661.766.08M
Bristol-Myers SquibbBMY25.3925.5825.1225.484.8M
Wells Fargo & Co.WFC68.3368.8767.7768.853.51M
United TechnologiesUTX62.8764.1062.6463.842.92M
Union PacificUNP90.1690.5889.3690.231.25M
Berkshire HathawayBRK.B3020.003034.003020.003029.009.5K
Exchange Rates of July 11th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.260 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.132 CAD1 CAD = 0.884 USD
US DollarSwiss Franc1 USD = 1.227 CHF1 CHF = 0.815 USD
US DollarChinese Yuan1 USD = 7.992 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 145.820 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.692 GBP1 GBP = 1.446 EUR
EuroAustralian Dollar1 EUR = 1.697 AUD1 AUD = 0.589 EUR
EuroCanadian Dollar1 EUR = 1.444 CAD1 CAD = 0.692 EUR
EuroSwiss Franc1 EUR = 1.566 CHF1 CHF = 0.639 EUR
Pound SterlingAustralian Dollar1 GBP = 2.451 AUD1 AUD = 0.408 GBP
Pound SterlingCanadian Dollar1 GBP = 2.087 CAD1 CAD = 0.479 GBP
Pound SterlingSwiss Franc1 GBP = 2.262 CHF1 CHF = 0.442 GBP
Australian DollarCanadian Dollar1 AUD = 0.851 CAD1 CAD = 1.175 AUD
Australian DollarSwiss Franc1 AUD = 0.923 CHF1 CHF = 1.084 AUD

See what else happened on July 11th, 2006