Financial news on November 16th, 2006
Business and Financial news
The new Nikon D40, for $600, allows users to preview the effects of different settings by viewing sample photos on the camera’s screen. Read more..
Richard A. Causey, the last of the top Enron executives to learn his punishment, was sentenced Wednesday to five and a half years in prison for his role in the corporate accounting scandal. Mr. Causey, the company’s former chief accounting officer, pleaded guilty in December to securities fraud, two weeks before he was to be tried along with the founder of Enron, Kenneth L. Lay, and the former chief executive, Jeffrey K. Skilling, on conspiracy, fraud and other charges related to the company’s collapse. Read more..
AOL looks a lot like Yahoo these days and a few goodies, once reserved for paying members, are especially attractive now. Read more..
A new study suggests that high doses of a best-selling drug used to treat anemia in dialysis and cancer patients may increase the risk of heart problems. Read more..
A new cellphone offered by Verizon is rugged and completely submersible in water. Read more..
Stocks rose for a fourth day after US Airways bid $8 billion for Delta Air Lines, touching off a rally in airline shares. Read more..
When starting a business, even the most sophisticated of businesspeople find that they need a lawyer to guide them through the most basic of decisions. Read more..
The ever-scrappy carrier has emerged from its trials with a new strategy, aiming to be the world’s largest airline. Read more..
US Airways made an $8 billion offer for Delta Air Lines in an effort to become the largest airline in the world. Read more..
The U.S. warned that the plane maker would break international rules if it accepted aid to build its new wide-body A350. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Cisco Systems | CSCO | 26.75 | 27.32 | 26.73 | 27.15 | 65.7M |
| Intel | INTC | 22.33 | 22.41 | 22.06 | 22.33 | 65.6M |
| Microsoft | MSFT | 29.14 | 29.64 | 29.13 | 29.47 | 64.3M |
| Pfizer | PFE | 26.53 | 26.95 | 26.43 | 26.76 | 33M |
| HP Inc. | HPQ | 40.00 | 40.25 | 39.72 | 40.13 | 28.6M |
| Apple | AAPL | 84.87 | 86.30 | 84.62 | 85.61 | 24.8M |
| General Electric | GE | 35.87 | 36.13 | 35.87 | 35.96 | 22.9M |
| ExxonMobil | XOM | 74.95 | 74.97 | 72.61 | 72.67 | 22.3M |
| Oracle Corp. | ORCL | 19.16 | 19.20 | 18.89 | 19.10 | 22.1M |
| AT&T Inc. | T | 32.36 | 32.73 | 32.16 | 32.40 | 20.8M |
| Home Depot | HD | 37.80 | 37.90 | 37.17 | 37.81 | 19M |
| ConocoPhillips | COP | 64.50 | 64.55 | 62.22 | 62.27 | 16M |
| Merck | MRK | 44.50 | 44.70 | 44.30 | 44.65 | 12.6M |
| Verizon Communications | VZ | 36.05 | 36.15 | 35.75 | 35.94 | 12.1M |
| Altria | MO | 82.50 | 84.05 | 82.31 | 83.57 | 11.1M |
| Wal-Mart Stores | WMT | 47.98 | 47.99 | 47.50 | 47.91 | 11.1M |
| Amazon | AMZN | 42.45 | 42.95 | 42.40 | 42.84 | 11M |
| Schlumberger | SLB | 65.51 | 66.12 | 62.62 | 62.65 | 10.7M |
| Amgen | AMGN | 73.41 | 74.13 | 71.99 | 72.44 | 10.7M |
| Johnson & Johnson | JNJ | 66.50 | 66.64 | 65.81 | 66.53 | 10.4M |
| Alphabet | GOOGL | 495.00 | 497.68 | 492.56 | 495.90 | 10.2M |
| Chevron | CVX | 70.31 | 70.46 | 68.49 | 68.55 | 9.31M |
| Walt Disney & Co. | DIS | 32.94 | 33.10 | 32.69 | 33.06 | 8.68M |
| Abbott Laboratories | ABT | 47.40 | 47.63 | 47.18 | 47.49 | 8.44M |
| JPMorgan Chase | JPM | 47.50 | 47.98 | 47.37 | 47.85 | 8.19M |
| McDonald's | MCD | 41.30 | 41.79 | 41.06 | 41.67 | 7.78M |
| Coca-Cola | KO | 46.80 | 47.19 | 46.75 | 47.14 | 7.37M |
| Wells Fargo & Co. | WFC | 36.61 | 36.63 | 36.35 | 36.50 | 7.1M |
| Boeing | BA | 87.60 | 89.43 | 87.50 | 88.71 | 6.97M |
| Pepsico | PEP | 61.50 | 62.11 | 61.44 | 61.80 | 6.66M |
| Bristol-Myers Squibb | BMY | 24.47 | 24.71 | 24.39 | 24.66 | 5.96M |
| Comcast | CMCSA | 40.48 | 40.78 | 40.32 | 40.37 | 5.75M |
| UnitedHealth Group | UNH | 48.20 | 48.29 | 47.50 | 47.62 | 5.27M |
| Procter & Gamble | PG | 63.27 | 63.81 | 63.00 | 63.52 | 4.84M |
| International Business Machines | IBM | 93.07 | 93.60 | 92.60 | 93.47 | 4.17M |
| United Technologies | UTX | 65.94 | 66.93 | 65.76 | 66.76 | 3.87M |
| Gilead Sciences | GILD | 68.20 | 68.92 | 68.11 | 68.28 | 2.59M |
| 3M | MMM | 80.25 | 80.94 | 80.13 | 80.29 | 1.94M |
| Union Pacific | UNP | 91.30 | 92.47 | 90.95 | 91.99 | 1.44M |
| Berkshire Hathaway | BRK.B | 3588.00 | 3591.00 | 3560.00 | 3564.50 | 10.9K |
Exchange Rates of November 16th, 2006
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 118.210 JPY | 1 JPY = 0.008 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.142 CAD | 1 CAD = 0.875 USD |
| US Dollar | Swiss Franc | 1 USD = 1.248 CHF | 1 CHF = 0.801 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.869 CNY | 1 CNY = 0.127 USD |
| Euro | Japanese Yen | 1 EUR = 151.250 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.678 GBP | 1 GBP = 1.476 EUR |
| Euro | Australian Dollar | 1 EUR = 1.669 AUD | 1 AUD = 0.599 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.461 CAD | 1 CAD = 0.684 EUR |
| Euro | Swiss Franc | 1 EUR = 1.597 CHF | 1 CHF = 0.626 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.448 GBP | 1 GBP = 2.233 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.103 AUD | 1 AUD = 0.906 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.966 CAD | 1 CAD = 1.035 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.055 CHF | 1 CHF = 0.948 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.464 AUD | 1 AUD = 0.406 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.157 CAD | 1 CAD = 0.464 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.356 CHF | 1 CHF = 0.425 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.875 CAD | 1 CAD = 1.143 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.956 CHF | 1 CHF = 1.046 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.092 CHF | 1 CHF = 0.916 CAD |
See what else happened on November 16th, 2006