Financial news on September 13th, 2006

Business and Financial news
Apple Plans to Inhabit Living Room

A device due out next year will wirelessly stream video and music from a Macintosh computer to a television. Read more..

By JOHN MARKOFF and LAURA M. HOLSON - The New York Times

Arkady I. Volsky, 74, Founder of Russian Business Lobby, Dies

Mr. Volsky, a confidant of the Soviet leader Mikhail S. Gorbachev, founded the Union of Industrialists and Entrepreneurs in 1991. Read more..

By ANDREW E. KRAMER - The New York Times

Drug Maker Fires Chief of 5 Years

The Bristol-Myers Squibb board bowed to a federal monitor’s pressure after a mishandled attempt to solve a patent dispute. Read more..

By STEPHANIE SAUL - The New York Times

For Sale: Big Middle-Class Enclave With Lots of Potential

Stuyvesant Town and Peter Cooper Village are at the center of a red-hot auction that will allow the winner to claim 110 buildings and 11,200 apartments. Read more..


Justice Department Is Reviewing Corporate Prosecution Guidelines

Companies and lawyers say the Justice Department is using coercive tactics as a bludgeon to force cooperation with corporate investigations. Read more..

By LYNNLEY BROWNING - The New York Times

NBC and Its Stations Venture Into Online Video Market

NBC Universal has created a new company, NBBC, that will distribute video programming to various Internet sites. Read more..

By SAUL HANSELL - The New York Times

Profit Down at Goldman, but Estimates Are Beaten

Despite a summer slump in trading up and down Wall Street, Goldman Sachs reported strong third-quarter earnings on Tuesday. Read more..

By JENNY ANDERSON - The New York Times

The War Over Salt

The nation’s largest doctors’ group wants the government and the food industry to reduce what it sees as a persistently high level of salt in many processed foods. Read more..

By MELANIE WARNER - The New York Times

Times Company Puts Its Nine Television Stations Up for Sale

The stations are all profitable, the company said, but it wants to focus on its newspapers and digital properties. Read more..

By KATHARINE Q. SEELYE - The New York Times

Vonage Buyers Told to Pay for Shares

Investors who have not paid for shares bought in Vonage’s initial public offering are being told to write a check or risk legal action. Read more..

By DOW JONES/AP - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO22,6222,8922,5522,6543.5M
Oracle Corp.ORCL16,3116,4816,1816,3940.8M
General ElectricGE34,6834,8434,4934,8426.8M
Home DepotHD36,7037,5536,4037,1720.4M
Bristol-Myers SquibbBMY24,5024,8824,4924,8116.6M
AT&T Inc.T31,9732,0631,6731,8616.2M
HP Inc.HPQ36,4236,7535,8736,3715.5M
JPMorgan ChaseJPM46,0146,7345,7346,4011.7M
Wal-Mart StoresWMT47,9548,3747,5548,0811.2M
Procter & GamblePG61,8361,8560,4260,5611.1M
Walt Disney & Co.DIS30,2530,5130,0030,4510.9M
Abbott LaboratoriesABT48,8049,3248,5549,188.63M
Verizon CommunicationsVZ35,7435,9435,6535,758.19M
Wells Fargo & Co.WFC35,2535,5435,1435,486.32M
Johnson & JohnsonJNJ63,9564,0363,7863,816.29M
International Business MachinesIBM82,2582,7081,8482,214.92M
UnitedHealth GroupUNH52,2752,7851,9352,053.84M
United TechnologiesUTX63,0064,1662,8863,892.58M
Union PacificUNP81,9584,7781,6584,742.41M
Gilead SciencesGILD63,6763,8563,1563,702.38M
Berkshire HathawayBRK.B3200,003220,003194,003220,0011.3K
Exchange Rates of September 13th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117,470 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,119 CAD1 CAD = 0,894 USD
US DollarSwiss Franc1 USD = 1,250 CHF1 CHF = 0,800 USD
US DollarChinese Yuan1 USD = 7,948 CNY1 CNY = 0,126 USD
EuroJapanese Yen1 EUR = 149,330 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,676 GBP1 GBP = 1,478 EUR
EuroAustralian Dollar1 EUR = 1,684 AUD1 AUD = 0,594 EUR
EuroCanadian Dollar1 EUR = 1,421 CAD1 CAD = 0,704 EUR
EuroSwiss Franc1 EUR = 1,587 CHF1 CHF = 0,630 EUR
Japanese YenPound Sterling1 JPY = 0,453 GBP1 GBP = 2,209 JPY
Japanese YenAustralian Dollar1 JPY = 1,127 AUD1 AUD = 0,887 JPY
Japanese YenCanadian Dollar1 JPY = 0,951 CAD1 CAD = 1,051 JPY
Japanese YenSwiss Franc1 JPY = 1,063 CHF1 CHF = 0,941 JPY
Pound SterlingAustralian Dollar1 GBP = 2,490 AUD1 AUD = 0,402 GBP
Pound SterlingCanadian Dollar1 GBP = 2,101 CAD1 CAD = 0,476 GBP
Pound SterlingSwiss Franc1 GBP = 2,346 CHF1 CHF = 0,426 GBP
Australian DollarCanadian Dollar1 AUD = 0,843 CAD1 CAD = 1,186 AUD
Australian DollarSwiss Franc1 AUD = 0,942 CHF1 CHF = 1,062 AUD
Canadian DollarSwiss Franc1 CAD = 1,117 CHF1 CHF = 0,896 CAD

See what else happened on September 13th, 2006