Financial news on June 12th, 2006

Business and Financial news
A Gannett Paper Seeks a New Kind of Expertise

Some members of the newsroom at The Detroit Free Press objected when they were told to contribute the names of minority sources to a collective list. Read more..

By KATHARINE Q. SEELYE - The New York Times

Agencies Stop Being Polite and Start Getting Real

A change in a joint venture between advertising agency companies has become personal, as one chief executive has publicly disparaged another. Read more..

By STUART ELLIOTT - The New York Times

Deadly Intent: Ann Coulter, Word Warrior

With five books and more than a million copies in hardcover sales, she plays to win and is happy to take hostages along the way. Read more..

By DAVID CARR - The New York Times

For Shakira, First Came the Album, Then Came the Single

How homemade dance videos helped Shakira's languishing CD make a sales comeback. Read more..

By MARIA ASPAN - The New York Times

In Web Era, Big Money Can't Buy an Exclusive

It is no longer business as usual for celebrity magazines, as gossip blogs take on an ever-larger role. Read more..

By JULIE BOSMAN - The New York Times

Lest We Regret Our Digital Bread Crumbs

Even the computer savvy seem to get caught up by the "digital trail" — that wide wake we tend to leave as we transact an electronically mediated life. Read more..

By TOM ZELLER Jr - The New York Times

Product Placement Deals Make Leap From Film to Books

Product placement, familiar to television and movie viewers, is still relatively rare in books, but not unprecedented. Read more..

By MOTOKO RICH - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL13.4713.5813.2213.2536.6M
Cisco SystemsCSCO19.9120.0019.4819.4830.5M
Walt Disney & Co.DIS28.3529.0128.3028.9019M
General ElectricGE34.1334.2733.6933.8718.2M
AT&T Inc.T26.6927.0926.4026.6615.1M
HP Inc.HPQ29.9430.1729.6929.8713.3M
Home DepotHD36.9036.9636.2036.2611.1M
JPMorgan ChaseJPM41.9542.2341.5941.609.06M
Wal-Mart StoresWMT47.1047.4246.9246.997.47M
Abbott LaboratoriesABT43.0043.2942.6242.726.74M
Johnson & JohnsonJNJ61.4561.6661.3461.386.51M
Verizon CommunicationsVZ31.6031.7431.3031.336.32M
Procter & GamblePG54.5754.9254.1654.315.92M
Bristol-Myers SquibbBMY25.0425.1024.4824.485.75M
International Business MachinesIBM77.6878.0976.8577.024.92M
UnitedHealth GroupUNH45.8946.1544.9045.164.53M
Wells Fargo & Co.WFC69.1269.7168.6269.214.49M
United TechnologiesUTX60.2060.6659.5359.623.75M
Gilead SciencesGILD56.8757.7556.0256.163.63M
Union PacificUNP86.2787.3284.9985.321.52M
Berkshire HathawayBRK.B3018.003031.003018.003023.007.3K
Exchange Rates of June 12th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114.420 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.100 CAD1 CAD = 0.909 USD
US DollarSwiss Franc1 USD = 1.234 CHF1 CHF = 0.810 USD
US DollarChinese Yuan1 USD = 8.015 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 143.930 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.465 EUR
EuroAustralian Dollar1 EUR = 1.688 AUD1 AUD = 0.592 EUR
EuroCanadian Dollar1 EUR = 1.384 CAD1 CAD = 0.723 EUR
EuroSwiss Franc1 EUR = 1.553 CHF1 CHF = 0.644 EUR
Pound SterlingAustralian Dollar1 GBP = 2.473 AUD1 AUD = 0.404 GBP
Pound SterlingCanadian Dollar1 GBP = 2.027 CAD1 CAD = 0.493 GBP
Pound SterlingSwiss Franc1 GBP = 2.273 CHF1 CHF = 0.440 GBP
Australian DollarCanadian Dollar1 AUD = 0.819 CAD1 CAD = 1.221 AUD
Australian DollarSwiss Franc1 AUD = 0.919 CHF1 CHF = 1.088 AUD

See what else happened on June 12th, 2006