Financial news on December 14th, 2006

Business and Financial news
A Lone Warrior Takes Partners to Save the World

Designing for a hand-held console, Portable Ops’ creators have wisely streamlined the game. Read more..

By CHARLES HEROLD - The New York Times

I.B.M. and Universities Plan Collaboration

The initiative is evidence that U.S. companies and universities are searching for ways to be less hampered by legal wrangling about who holds the patents to research. Read more..

By STEVE LOHR - The New York Times

JetBlue Adding Some Legroom by Removing Seats From Airbus 320 Planes

JetBlue said it will remove a row of seats from all 96 of its Airbus 320 planes, giving the front 11 rows more legroom. Read more..

By JEFF BAILEY - The New York Times

Monster Worldwide Restates 9 Years of Earnings

The owner of the most used online job-listing service reduced past earnings by $271.9 million to correct stock-based compensation costs. Read more..

By BLOOMBERG NEWS - The New York Times

Recalculating the Costs of Global Climate Change

Exploring the implications of alternative assumptions is likely to lead to better policy than making a single blanket recommendation. Read more..

By HAL R. VARIAN - The New York Times

Ritchie Capital Said to Be Close to Selling Assets in Major Fund

Ritchie Capital Management is said to be close to an agreement to sell the assets in its flagship multi-strategy fund for about $1 billion. Read more..

By JENNY ANDERSON - The New York Times

S.E.C. Eases Regulations on Business

The Securities and Exchange Commission issued deregulatory orders and proposals intended to lower costs to public companies. Read more..

By STEPHEN LABATON - The New York Times

S.& P. 500 Climbs After Report of Strong Retail Sales

The S. & P.’s 500-stock index approached a six-year high as retailers rallied on the first sales increase since July. Read more..

By BLOOMBERG NEWS - The New York Times

U.S. May File Charges Against BP Over Dealings in Gasoline Futures

BP said regulators were considering civil charges against it for trading activities in the gasoline futures market four years ago. Read more..

By JAD MOUAWAD - The New York Times

Vista Wins on Looks. As for Lacks ...

Microsoft’s new operating system, Vista, will soon be on sale to the public. But you may need a new computer to run it properly. Read more..

By DAVID POGUE - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE35.4936.3335.3636.2143.2M
Cisco SystemsCSCO27.2227.4427.1827.3139.4M
Oracle Corp.ORCL18.0718.2517.9418.0227M
Home DepotHD39.2140.1038.8739.9724.3M
AT&T Inc.T35.5535.7935.4335.6619.1M
Wal-Mart StoresWMT46.2946.6145.9146.5218.4M
United TechnologiesUTX62.8063.3161.8062.0617.1M
HP Inc.HPQ39.6739.9639.4939.9114.8M
Wells Fargo & Co.WFC35.4235.6835.3035.5714.1M
Verizon CommunicationsVZ35.8836.2835.8036.0910.6M
JPMorgan ChaseJPM47.6148.0447.3047.9510.1M
Johnson & JohnsonJNJ65.7866.6265.5266.259.26M
Walt Disney & Co.DIS34.5034.7434.3834.728.71M
Abbott LaboratoriesABT48.1248.3948.0048.108.13M
UnitedHealth GroupUNH50.0050.2149.5949.707.52M
Bristol-Myers SquibbBMY25.5925.9925.4825.597.25M
Procter & GamblePG63.3063.7863.2863.355.85M
Gilead SciencesGILD63.9764.9563.1263.355.48M
International Business MachinesIBM94.7695.7294.5495.364.64M
Union PacificUNP92.7094.9992.5194.621.85M
Berkshire HathawayBRK.B3653.003678.003652.003675.0026K
Exchange Rates of December 14th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.830 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.157 CAD1 CAD = 0.864 USD
US DollarSwiss Franc1 USD = 1.215 CHF1 CHF = 0.823 USD
US DollarChinese Yuan1 USD = 7.820 CNY1 CNY = 0.128 USD
EuroJapanese Yen1 EUR = 154.880 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.670 GBP1 GBP = 1.492 EUR
EuroAustralian Dollar1 EUR = 1.679 AUD1 AUD = 0.596 EUR
EuroCanadian Dollar1 EUR = 1.521 CAD1 CAD = 0.657 EUR
EuroSwiss Franc1 EUR = 1.597 CHF1 CHF = 0.626 EUR
Japanese YenPound Sterling1 JPY = 0.433 GBP1 GBP = 2.312 JPY
Japanese YenAustralian Dollar1 JPY = 1.083 AUD1 AUD = 0.923 JPY
Japanese YenCanadian Dollar1 JPY = 0.982 CAD1 CAD = 1.019 JPY
Japanese YenSwiss Franc1 JPY = 1.031 CHF1 CHF = 0.970 JPY
Pound SterlingAustralian Dollar1 GBP = 2.504 AUD1 AUD = 0.399 GBP
Pound SterlingCanadian Dollar1 GBP = 2.269 CAD1 CAD = 0.441 GBP
Pound SterlingSwiss Franc1 GBP = 2.381 CHF1 CHF = 0.420 GBP
Australian DollarCanadian Dollar1 AUD = 0.906 CAD1 CAD = 1.104 AUD
Australian DollarSwiss Franc1 AUD = 0.950 CHF1 CHF = 1.052 AUD
Canadian DollarSwiss Franc1 CAD = 1.049 CHF1 CHF = 0.953 CAD

See what else happened on December 14th, 2006