Financial news on June 14, 2006

Business and Financial news
A Clash of Newspaper Legacies

Chandler and McCormick are proud names in newspaper history; now the heirs are locked in a showdown over the direction of the Tribune Company. Read more..

By RICHARD SIKLOS - The New York Times

Airbus Faces a New Delay in Delivery of Its Biggest Jet

Airbus said that it would produce only nine of its giant new A380 jets next year because of numerous design changes. Read more..

By MATTHEW L. WALD - The New York Times

British Publishers Seek Exclusive Rights to Sell English-Language Books in Europe

The arcane trade issue has returned as British publishers complain about what they see as a new threat on their home turf. Read more..

By MOTOKO RICH - The New York Times

Core Producer Prices Rise a Little More Than Forecast

Retail sales were essentially flat in the latest set of economic data to suggest that inflation is creeping higher and the economy is slowing down. Read more..

By JEREMY W. PETERS - The New York Times

Finally, Face to Face on a Steel Merger

Meetings scheduled for Tuesday and Wednesday will be the first time managers from Mittal Steel and Arcelor meet face to face to talk about a deal. Read more..

By HEATHER TIMMONS - The New York Times

Hey, Kid, You Want to Buy a Toyota Scion?

Toyota is counting on children to influence their parents' car purchases and maybe grow up with some Toyota brand loyalty. Read more..

By JULIE BOSMAN - The New York Times

Ontario Revives Nuclear Power Plan

Ontario announced a plan to spend about 20 billion Canadian dollars ($18 billion) to build reactors and refurbish some current units. Read more..

By IAN AUSTEN - The New York Times

Philip Merrill, 72, Publisher and Ex-Diplomat, Is Dead

Philip Merrill was an Annapolis publisher and former diplomat who has been missing since he set out for a solitary sail on Saturday afternoon. Read more..

By GARY GATELY - The New York Times

Qualcomm Raises Profit and Sales Estimates a Second Time

The maker of chips for mobile phones raised its third-quarter profit and sales forecasts citing unexpectedly high consumer demand for new phones. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 17.49 17.85 17.49 17.73 118M
Microsoft MSFT 21.59 21.94 21.55 21.88 86.1M
Cisco Systems CSCO 19.40 19.76 19.36 19.61 40.6M
Apple AAPL 58.28 58.78 56.69 57.61 31.4M
Pfizer PFE 23.01 23.19 22.97 23.11 29.1M
Oracle Corp. ORCL 13.15 13.29 13.07 13.19 27.4M
ExxonMobil XOM 56.65 57.99 56.64 57.80 24.9M
General Electric GE 33.70 33.99 33.66 33.90 24.1M
AT&T Inc. T 26.97 27.19 26.91 27.17 17M
JPMorgan Chase JPM 40.50 40.85 39.33 39.97 16.9M
Alphabet GOOGL 389.83 391.10 378.52 384.39 15.5M
Walt Disney & Co. DIS 28.00 28.80 27.95 28.69 15.1M
ConocoPhillips COP 58.31 59.48 57.85 59.46 14.7M
Comcast CMCSA 32.31 32.53 32.02 32.30 12.7M
HP Inc. HPQ 29.88 30.15 29.75 30.14 12.6M
Schlumberger SLB 54.75 56.37 54.75 56.31 12.4M
Home Depot HD 36.13 36.81 36.12 36.75 11.1M
Amgen AMGN 66.85 67.63 66.43 67.35 10.9M
Abbott Laboratories ABT 42.20 42.95 42.19 42.70 10.7M
Wal-Mart Stores WMT 47.50 47.90 47.37 47.71 10.4M
Verizon Communications VZ 31.44 31.64 31.30 31.62 10.1M
Chevron CVX 57.15 57.85 56.90 57.83 9.99M
Boeing BA 79.20 82.01 79.20 82.01 9.86M
Johnson & Johnson JNJ 61.28 61.38 60.96 61.25 8.97M
Procter & Gamble PG 54.00 54.93 53.79 54.83 8.76M
McDonald's MCD 32.00 32.96 31.97 32.85 7.86M
Bristol-Myers Squibb BMY 24.77 24.90 24.54 24.75 7.8M
Wells Fargo & Co. WFC 67.01 67.17 65.35 66.53 7.76M
Merck MRK 33.56 33.74 33.12 33.49 7.09M
Altria MO 69.60 70.17 69.35 69.96 6.93M
Coca-Cola KO 42.83 43.12 42.49 42.81 6.2M
International Business Machines IBM 77.10 77.85 76.93 77.71 6.04M
UnitedHealth Group UNH 44.76 45.27 44.55 44.98 5.95M
Amazon AMZN 33.50 33.99 33.08 33.68 4.87M
Pepsico PEP 58.74 59.08 58.55 58.86 4.01M
Gilead Sciences GILD 56.80 57.34 55.88 56.94 3.97M
United Technologies UTX 59.30 59.87 58.90 59.62 3.65M
3M MMM 79.80 80.47 79.28 79.90 2.49M
Union Pacific UNP 86.23 88.08 86.23 87.59 1.37M
Berkshire Hathaway BRK.B 3007.00 3011.00 2993.00 3005.00 21.6K
Exchange Rates of June 14, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 114.960 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.113 CAD 1 CAD = 0.899 USD
US Dollar Swiss Franc 1 USD = 1.231 CHF 1 CHF = 0.812 USD
US Dollar Chinese Yuan 1 USD = 8.000 CNY 1 CNY = 0.125 USD
Euro Japanese Yen 1 EUR = 144.870 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.684 GBP 1 GBP = 1.463 EUR
Euro Australian Dollar 1 EUR = 1.709 AUD 1 AUD = 0.585 EUR
Euro Canadian Dollar 1 EUR = 1.402 CAD 1 CAD = 0.713 EUR
Euro Swiss Franc 1 EUR = 1.551 CHF 1 CHF = 0.645 EUR
Pound Sterling Australian Dollar 1 GBP = 2.499 AUD 1 AUD = 0.400 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.051 CAD 1 CAD = 0.488 GBP
Pound Sterling Swiss Franc 1 GBP = 2.268 CHF 1 CHF = 0.441 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.820 CAD 1 CAD = 1.219 AUD
Australian Dollar Swiss Franc 1 AUD = 0.907 CHF 1 CHF = 1.102 AUD

See what else happened on June 14, 2006