Financial news on July 13, 2006

Business and Financial news
A Mission to Repeal Murphy’s Law

Beset by misfortune in the United States, BP has installed a Mr. Fix-It in Robert A. Malone. Read more..

By JAD MOUAWAD - The New York Times

Boeing Raises 20-Year Forecast

Boeing Raises 20-Year Forecast. Read more..

By BLOOMBERG NEWS - The New York Times

Fast-Action Sports Without Breaking a Sweat or a Bone

It might seem odd for someone with no interest in soccer to enjoy a soccer video game, but fans of Pong didn't all love table tennis. Read more..

By CHARLES HEROLD - The New York Times

F.D.A. Backs AIDS Pill to Be Taken Once a Day

Atripla, the first drug that provides AIDS treatment in one pill a day, is a combination of three drugs already on the market. Read more..

By ANDREW POLLACK - The New York Times

If You Can’t Be Top Gun, at Least Feel Like One

The HotSeat Flight Sim helps distinguish the common flight-simulator fan from the true flying ace. Read more..

By JOHN BIGGS - The New York Times

India: Profit Rises 50% at Infosys

Infosys Technologies, India’s second-largest outsourcing firm after Tata Consultancy Services, said its net profit for the quarter ended in June rose 50 percent, to 8 billion rupees ($174 million) from 5.32 billion rupees, exceeding expectations. ... Read more..

By SARITHA RAI - The New York Times

In the Language of Gastronomy, Those Michelin Stars Translate as Dollar Signs

The Society for Quantitative Gastronomy says status and image — not just food — play an increasing role in high restaurant prices. Read more..

By TYLER COWEN - The New York Times

I.R.S. Wins Its Appeal Over Abusive Tax Shelter

The case has been closely watched by tax lawyers and lobbyists as they argue over what constitutes an abusive shelter. Read more..

By LYNNLEY BROWNING - The New York Times

Regulators Penalize Microsoft in Europe

The European Commission fined Microsoft $357 million for failing to comply with a 2004 antitrust order. Read more..

By PAUL MELLER and STEVE LOHR - The New York Times

Respect and Anger Voiced at Lay Service

The service for Kenneth L. Lay was delayed when a former mayor of Houston collapsed after his heart defibrillator discharged. Read more..

By THAYER EVANS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 17.81 18.08 17.69 17.72 78.7M
Microsoft MSFT 22.37 22.61 22.25 22.26 73.1M
Oracle Corp. ORCL 13.88 14.27 13.77 14.10 53M
Cisco Systems CSCO 18.10 18.42 17.88 18.02 50M
Apple AAPL 52.03 54.12 51.41 52.25 44.6M
General Electric GE 33.01 33.06 32.56 32.67 31.4M
Wal-Mart Stores WMT 44.45 44.62 43.71 44.16 26.3M
Pfizer PFE 23.18 23.18 22.71 22.87 25.6M
ExxonMobil XOM 64.15 64.70 63.69 64.07 21.7M
Home Depot HD 33.50 34.08 33.25 34.07 20.9M
Merck MRK 36.50 37.05 35.00 36.94 20.9M
AT&T Inc. T 27.16 27.26 26.35 26.56 20.2M
Walt Disney & Co. DIS 29.30 29.33 28.45 28.70 17.9M
Abbott Laboratories ABT 43.90 44.18 43.77 43.99 16.4M
HP Inc. HPQ 31.67 31.79 30.80 31.22 14.2M
Alphabet GOOGL 414.00 418.34 406.83 408.83 13.8M
ConocoPhillips COP 68.25 68.63 66.86 67.08 11.6M
JPMorgan Chase JPM 41.95 41.96 41.21 41.39 11.1M
Chevron CVX 65.06 65.81 64.89 64.94 10.2M
Procter & Gamble PG 56.60 56.79 56.40 56.54 9.21M
Schlumberger SLB 67.10 67.70 66.20 66.23 9.14M
Verizon Communications VZ 32.30 32.43 31.54 31.74 8.78M
International Business Machines IBM 75.01 75.28 73.83 74.24 8.75M
Comcast CMCSA 32.07 32.50 31.44 31.50 8.38M
Johnson & Johnson JNJ 60.73 60.76 60.17 60.27 8.02M
Pepsico PEP 61.74 62.34 61.60 62.07 7.83M
Amgen AMGN 66.27 66.53 65.61 65.61 7.74M
Altria MO 76.93 77.25 76.55 76.71 6.57M
Bristol-Myers Squibb BMY 25.13 25.25 24.64 24.78 6.49M
Amazon AMZN 34.33 34.63 33.71 33.73 6.46M
Coca-Cola KO 43.50 43.65 42.85 43.10 6.44M
Wells Fargo & Co. WFC 67.81 68.52 67.78 67.99 6.28M
UnitedHealth Group UNH 48.07 48.74 47.81 48.01 5.42M
3M MMM 72.48 72.57 71.41 71.63 4.82M
McDonald's MCD 33.55 33.68 33.08 33.17 4.48M
Gilead Sciences GILD 61.30 61.90 60.72 61.10 4.26M
United Technologies UTX 63.27 63.33 61.39 61.43 4.15M
Boeing BA 80.92 81.04 79.47 79.59 3.61M
Union Pacific UNP 88.00 88.14 86.52 87.45 1.8M
Berkshire Hathaway BRK.B 3014.00 3019.00 2978.00 2999.00 15.9K
Exchange Rates of July 13, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 115.370 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.131 CAD 1 CAD = 0.884 USD
US Dollar Swiss Franc 1 USD = 1.229 CHF 1 CHF = 0.814 USD
US Dollar Chinese Yuan 1 USD = 7.992 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 146.440 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.688 GBP 1 GBP = 1.453 EUR
Euro Australian Dollar 1 EUR = 1.683 AUD 1 AUD = 0.594 EUR
Euro Canadian Dollar 1 EUR = 1.435 CAD 1 CAD = 0.697 EUR
Euro Swiss Franc 1 EUR = 1.560 CHF 1 CHF = 0.641 EUR
Pound Sterling Australian Dollar 1 GBP = 2.444 AUD 1 AUD = 0.409 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.085 CAD 1 CAD = 0.480 GBP
Pound Sterling Swiss Franc 1 GBP = 2.266 CHF 1 CHF = 0.441 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.853 CAD 1 CAD = 1.173 AUD
Australian Dollar Swiss Franc 1 AUD = 0.927 CHF 1 CHF = 1.079 AUD

See what else happened on July 13, 2006