Financial news on August 16, 2006
Business and Financial news
By Bloomberg News. Read more..
Critics said that because of BAA’s limited ability to pass any additional costs on to the airlines, it had no real incentive to spend money to hire more workers. Read more..
Jacob Alexander was charged with conspiracy to commit securities fraud in relation to a suspect stock options scheme. He did not show up for his arraignment. Read more..
Monsanto will acquire the Delta and Pine Land Company, the nation’s leading supplier of cotton seeds, in a move that would add to Monsanto’s commanding position in the business of biotechnology crops. Read more..
Manhattan’s office market has been so robust this year that some real estate brokers said firms are renewing their leases early to lock in rents. Read more..
Pfizer’s new chief executive, Jeffrey B. Kindler, has moved to put his stamp on the drug maker with a wide-ranging executive reorganization. Read more..
Do we spend too much time worrying about college rankings? Or not nearly enough? Read more..
I used to believe that I.T. people didn't like Macs because they are less trouble-prone and would make their jobs obsolete. Today, however, I'm convinced that it's a myth. Read more..
Investors seem to have trouble understanding that General Electric’s wildly disparate units march to the same corporate tune. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Intel | INTC | 18.27 | 18.69 | 18.13 | 18.61 | 68.5M |
Cisco Systems | CSCO | 20.80 | 21.14 | 20.59 | 21.10 | 65.3M |
Microsoft | MSFT | 24.61 | 24.73 | 24.47 | 24.70 | 52.4M |
Oracle Corp. | ORCL | 15.74 | 15.75 | 15.41 | 15.54 | 49.6M |
Pfizer | PFE | 26.35 | 26.81 | 26.35 | 26.75 | 28.4M |
Apple | AAPL | 67.10 | 68.07 | 66.33 | 67.98 | 27.9M |
ExxonMobil | XOM | 68.30 | 68.94 | 67.31 | 67.57 | 26.5M |
HP Inc. | HPQ | 34.20 | 36.23 | 34.08 | 34.43 | 25.1M |
General Electric | GE | 33.37 | 33.84 | 33.32 | 33.71 | 23.9M |
Wal-Mart Stores | WMT | 44.55 | 44.68 | 44.05 | 44.43 | 16.5M |
Bristol-Myers Squibb | BMY | 20.91 | 21.15 | 20.85 | 21.08 | 15.2M |
Abbott Laboratories | ABT | 49.00 | 49.28 | 48.85 | 49.28 | 14M |
Comcast | CMCSA | 34.75 | 34.80 | 34.06 | 34.14 | 12.6M |
Home Depot | HD | 34.55 | 34.61 | 34.02 | 34.50 | 12.5M |
Alphabet | GOOGL | 383.48 | 388.45 | 382.12 | 387.72 | 11.7M |
Amgen | AMGN | 66.08 | 67.00 | 65.61 | 66.61 | 10.8M |
Walt Disney & Co. | DIS | 29.71 | 29.76 | 29.56 | 29.71 | 9.92M |
Chevron | CVX | 66.15 | 67.00 | 64.95 | 65.41 | 9.47M |
JPMorgan Chase | JPM | 45.44 | 45.65 | 45.12 | 45.47 | 8.81M |
AT&T Inc. | T | 30.40 | 30.40 | 30.24 | 30.25 | 8.49M |
ConocoPhillips | COP | 67.18 | 67.74 | 66.13 | 66.70 | 8.18M |
Verizon Communications | VZ | 34.39 | 34.42 | 34.16 | 34.23 | 7.95M |
Wells Fargo & Co. | WFC | 35.20 | 35.38 | 35.08 | 35.23 | 7.87M |
Amazon | AMZN | 27.97 | 28.14 | 27.52 | 27.95 | 7.64M |
International Business Machines | IBM | 77.45 | 79.28 | 77.35 | 79.09 | 7.39M |
Schlumberger | SLB | 63.50 | 64.96 | 62.78 | 63.43 | 7.2M |
Merck | MRK | 41.25 | 41.42 | 40.97 | 41.18 | 6.86M |
Altria | MO | 81.02 | 81.02 | 80.41 | 80.74 | 6.79M |
Procter & Gamble | PG | 60.38 | 60.56 | 60.23 | 60.42 | 6.61M |
Johnson & Johnson | JNJ | 64.48 | 64.75 | 64.42 | 64.61 | 5.71M |
3M | MMM | 70.30 | 70.94 | 70.15 | 70.79 | 5.24M |
Coca-Cola | KO | 44.39 | 44.46 | 44.21 | 44.33 | 4.92M |
Gilead Sciences | GILD | 62.63 | 64.06 | 62.55 | 64.00 | 4.87M |
McDonald's | MCD | 35.59 | 35.99 | 35.43 | 35.97 | 4.41M |
Boeing | BA | 77.20 | 78.95 | 76.86 | 78.83 | 4.18M |
UnitedHealth Group | UNH | 48.29 | 48.50 | 47.84 | 48.14 | 4.1M |
Pepsico | PEP | 63.45 | 63.58 | 63.13 | 63.29 | 3.39M |
United Technologies | UTX | 61.25 | 62.49 | 61.00 | 62.17 | 2.63M |
Union Pacific | UNP | 82.60 | 84.68 | 81.99 | 84.59 | 1.89M |
Berkshire Hathaway | BRK.B | 3075.00 | 3162.00 | 3075.00 | 3145.00 | 30.4K |
Exchange Rates of August 16, 2006
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 115.820 JPY | 1 JPY = 0.009 USD |
US Dollar | Canadian Dollar | 1 USD = 1.119 CAD | 1 CAD = 0.894 USD |
US Dollar | Swiss Franc | 1 USD = 1.229 CHF | 1 CHF = 0.813 USD |
US Dollar | Chinese Yuan | 1 USD = 7.988 CNY | 1 CNY = 0.125 USD |
Euro | Japanese Yen | 1 EUR = 148.720 JPY | 1 JPY = 0.007 EUR |
Euro | Pound Sterling | 1 EUR = 0.677 GBP | 1 GBP = 1.477 EUR |
Euro | Australian Dollar | 1 EUR = 1.670 AUD | 1 AUD = 0.599 EUR |
Euro | Canadian Dollar | 1 EUR = 1.437 CAD | 1 CAD = 0.696 EUR |
Euro | Swiss Franc | 1 EUR = 1.579 CHF | 1 CHF = 0.634 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.455 GBP | 1 GBP = 2.198 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.123 AUD | 1 AUD = 0.891 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.966 CAD | 1 CAD = 1.036 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.061 CHF | 1 CHF = 0.942 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.468 AUD | 1 AUD = 0.405 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.123 CAD | 1 CAD = 0.471 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.331 CHF | 1 CHF = 0.429 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.859 CAD | 1 CAD = 1.164 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.944 CHF | 1 CHF = 1.059 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.098 CHF | 1 CHF = 0.911 CAD |
See what else happened on August 16, 2006