Financial news on October 16, 2006

Business and Financial news
Addenda

Accounts. Read more..

By THE NEW YORK TIMES - The New York Times

Disney Chief’s Gift to College Draws Students’ Ire, Briefly

Students at Ithaca College planned to protest an appearance by Robert A. Iger in part because of accusations of media bias in Disney’s docudrama “The Path to 9/11.” Read more..

By SARA IVRY - The New York Times

Hedge Funds Draw Insider Scrutiny

Questions are being raised about the role hedge funds play in the flow of information on Wall Street. Read more..

By JENNY ANDERSON - The New York Times

I’ll Trade You My ‘Titanic’ for Your ‘Spider-Man’

Bartering, one of the world’s oldest forms of commerce, is finally gaining a foothold on the Internet, bolstered by sites where users trade books, albums and movies. Read more..

By BOB TEDESCHI - The New York Times

It’s Not a Klimt, but the Eastern European TV Venture Is Sweet

Ronald S. Lauder, the art collector and cosmetics heir, sold half his stake in Central European Media Enterprises in August for $190 million. Read more..

By GERALDINE FABRIKANT - The New York Times

Joining the Party, Eager to Make Friends

Advertisers hope to use social networking sites to get the attention of tens of millions of young people who increasingly avoid television commercials. Read more..

By SAUL HANSELL - The New York Times

The Reporter Is Real, but the World He Covers Isn’t

Adam Pasick, a Reuters technology reporter, is heading up the news agency’s first virtual news bureau inside the online role-playing game Second Life. Read more..

By ANDREW ADAM NEWMAN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC21.9322.0321.5621.6193.6M
MicrosoftMSFT28.4828.6028.3328.4549.7M
Cisco SystemsCSCO24.6424.7824.5524.5939.5M
UnitedHealth GroupUNH47.6050.3647.1547.5432.2M
General ElectricGE35.7335.7335.3435.5631.8M
Oracle Corp.ORCL19.1019.1318.9818.9924.3M
PfizerPFE27.6027.7427.3827.6620M
ExxonMobilXOM68.4569.8868.4269.8319.6M
AT&T Inc.T33.4633.4732.8432.9919.3M
AppleAAPL75.1975.8874.7975.4018.2M
Home DepotHD36.4536.6336.2636.3513.1M
ConocoPhillipsCOP59.8161.1559.6761.0912.5M
McDonald'sMCD41.9342.2741.7142.1212.5M
SchlumbergerSLB59.0060.7958.4560.6811.7M
MerckMRK43.4044.1843.3343.7611M
AmgenAMGN72.6372.7971.8072.439.57M
Verizon CommunicationsVZ37.0537.1036.7137.049.49M
Abbott LaboratoriesABT46.8047.3746.7747.178.89M
HP Inc.HPQ38.8639.1138.6938.768.78M
International Business MachinesIBM86.0887.6085.7586.718.63M
AlphabetGOOGL427.70429.20421.34421.758.63M
ChevronCVX64.4165.2064.1865.057.81M
JPMorgan ChaseJPM47.9848.1047.5047.737.33M
Coca-ColaKO44.1544.4844.0044.257.28M
Wells Fargo & Co.WFC36.3336.3535.9936.207.13M
AmazonAMZN32.8533.2032.5532.606.77M
ComcastCMCSA38.3738.5438.0438.216.68M
Wal-Mart StoresWMT48.3148.4648.1148.326.62M
Johnson & JohnsonJNJ65.0565.0864.7064.936.36M
AltriaMO79.8079.8778.6379.086.03M
Procter & GamblePG61.8262.2361.5062.055.24M
Walt Disney & Co.DIS31.0531.1430.9131.024.52M
PepsicoPEP62.2762.8262.2662.683.87M
Bristol-Myers SquibbBMY24.5424.6924.4124.523.77M
United TechnologiesUTX66.5067.4766.4466.793.46M
Gilead SciencesGILD66.7267.6666.4067.513.06M
BoeingBA82.3982.8581.6482.662.47M
3MMMM75.6075.9975.3475.751.93M
Union PacificUNP90.6392.3690.2592.341.17M
Berkshire HathawayBRK.B3288.003305.003282.003301.0010.9K
Exchange Rates of October 16, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.030 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.137 CAD1 CAD = 0.879 USD
US DollarSwiss Franc1 USD = 1.270 CHF1 CHF = 0.787 USD
US DollarChinese Yuan1 USD = 7.910 CNY1 CNY = 0.126 USD
EuroJapanese Yen1 EUR = 149.180 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.673 GBP1 GBP = 1.486 EUR
EuroAustralian Dollar1 EUR = 1.663 AUD1 AUD = 0.601 EUR
EuroCanadian Dollar1 EUR = 1.425 CAD1 CAD = 0.702 EUR
EuroSwiss Franc1 EUR = 1.592 CHF1 CHF = 0.628 EUR
Japanese YenPound Sterling1 JPY = 0.451 GBP1 GBP = 2.218 JPY
Japanese YenAustralian Dollar1 JPY = 1.114 AUD1 AUD = 0.897 JPY
Japanese YenCanadian Dollar1 JPY = 0.955 CAD1 CAD = 1.047 JPY
Japanese YenSwiss Franc1 JPY = 1.067 CHF1 CHF = 0.937 JPY
Pound SterlingAustralian Dollar1 GBP = 2.471 AUD1 AUD = 0.405 GBP
Pound SterlingCanadian Dollar1 GBP = 2.117 CAD1 CAD = 0.472 GBP
Pound SterlingSwiss Franc1 GBP = 2.365 CHF1 CHF = 0.423 GBP
Australian DollarCanadian Dollar1 AUD = 0.856 CAD1 CAD = 1.168 AUD
Australian DollarSwiss Franc1 AUD = 0.956 CHF1 CHF = 1.046 AUD
Canadian DollarSwiss Franc1 CAD = 1.117 CHF1 CHF = 0.895 CAD

See what else happened on October 16, 2006