Financial news on May 15th, 2006

Business and Financial news
Building a Brand With a Blog

The Huffington Post is booming, fueled by rapid-fire news postings and over 700 bloggers, most of whom you have never heard of. Read more..

By DAVID CARR - The New York Times

Buying a New Fridge? Watch the Interactive Video First

Online retailers have used mediocre product videos for years with limited success. Now, some stores are starting to get it right. Read more..

By BOB TEDESCHI - The New York Times

In a Scientist's Fall, China Feels Robbed of Glory

A Chinese computer scientist won honors and accolades for chip designs stolen from a foreign company and passed off as his own. Read more..

By DAVID BARBOZA - The New York Times

Qwest Goes From the Goat to the Hero

News of Qwest's refusal to give the N.S.A. phone records has turned the beleaguered regional phone company into a beacon of consumer protection. Read more..

By TOM ZELLER Jr - The New York Times

Stock Offerings This Week

The following equity and convertible debt offerings are expected this week:. Read more..

By THE NEW YORK TIMES - The New York Times

The Case of the Disappearing Cookies

Advertisers use "cookies" to track Web users, but concerns about privacy are causing more and more users to delete these tiny files. Read more..

By ALEX MINDLIN - The New York Times

Treasury Bills Set for This Week

The schedule of financing this week includes today's regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow. Read more..

By THE NEW YORK TIMES - The New York Times

Vietnam Reaches Accord to Join W.T.O.

Vietnam and the U.S. have agreed in principle on terms for Vietnam's accession to the World Trade Organization. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO20.3820.6219.5020.5653.7M
Oracle Corp.ORCL13.8314.0313.8013.9726.1M
General ElectricGE34.1034.8034.0834.5623M
Wal-Mart StoresWMT46.2147.5646.0847.4317.1M
Verizon CommunicationsVZ31.6131.7431.2831.5212.7M
AT&T Inc.T25.6925.8425.5025.7912.3M
HP Inc.HPQ32.1232.8031.6331.6312.1M
UnitedHealth GroupUNH45.8546.9945.6046.7011.6M
Procter & GamblePG54.6955.7054.0555.5711.5M
JPMorgan ChaseJPM44.3344.8044.2544.5411.2M
Walt Disney & Co.DIS29.7530.0029.7229.9911.2M
Johnson & JohnsonJNJ58.9760.0158.8459.9710.8M
Abbott LaboratoriesABT41.6742.5841.4042.3010.1M
Home DepotHD39.8040.7939.5440.509.65M
Gilead SciencesGILD56.3857.6556.1057.086.04M
International Business MachinesIBM81.8083.1581.8082.895.78M
United TechnologiesUTX64.9565.4163.8864.784.84M
Bristol-Myers SquibbBMY24.2424.7524.2324.464.81M
Wells Fargo & Co.WFC67.2068.0067.1067.664.69M
Union PacificUNP94.3895.6393.0094.371.76M
Berkshire HathawayBRK.B2983.002999.002971.002994.0013.9K
Exchange Rates of May 15th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 110.470 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.113 CAD1 CAD = 0.899 USD
US DollarSwiss Franc1 USD = 1.212 CHF1 CHF = 0.825 USD
US DollarChinese Yuan1 USD = 8.006 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 141.340 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.681 GBP1 GBP = 1.469 EUR
EuroAustralian Dollar1 EUR = 1.682 AUD1 AUD = 0.595 EUR
EuroCanadian Dollar1 EUR = 1.424 CAD1 CAD = 0.702 EUR
EuroSwiss Franc1 EUR = 1.550 CHF1 CHF = 0.645 EUR
Pound SterlingAustralian Dollar1 GBP = 2.470 AUD1 AUD = 0.405 GBP
Pound SterlingCanadian Dollar1 GBP = 2.091 CAD1 CAD = 0.478 GBP
Pound SterlingSwiss Franc1 GBP = 2.277 CHF1 CHF = 0.439 GBP
Australian DollarCanadian Dollar1 AUD = 0.846 CAD1 CAD = 1.182 AUD
Australian DollarSwiss Franc1 AUD = 0.921 CHF1 CHF = 1.085 AUD

See what else happened on May 15th, 2006