Financial news on July 17th, 2006

Business and Financial news
Airbus Offers Guided Tour of a Fiasco

Airbus plans to disclose details of a radically redesigned midsize plane on Monday — a $10 billion project that will compete with Boeing’s 787. Read more..

By MARK LANDLER - The New York Times

BBC Presses for Financing, and Its Detractors Cry Foul

The license fee that every British television owner must pay to finance the BBC's operations is under review by the government. Read more..

By ERIC PFANNER - The New York Times

Coors Chairman Charged With Driving Drunk

Coors Chairman Charged. Read more..

By THE NEW YORK TIMES - The New York Times

Couric Listens, but Who Will Watch?

It is clear that the battle that Katie Couric will be confronting this fall is less uphill than up against a wall. Read more..

By DAVID CARR - The New York Times

For CBS’s Fall Lineup, Check Inside Your Refrigerator

CBS plans to announce Monday that it will place laser imprints of its trademark eye insignia, as well as logos for some of its shows, on some 35 million eggs. Read more..

By DAVID S. JOACHIM - The New York Times

Hospital Chiefs Get Paid for Advice on Selling

For a fee, executives at some of America’s leading nonprofit hospitals talk privately with hospital suppliers. Read more..

By WALT BOGDANICH - The New York Times

How Far Would You Drive to Avoid a Rental-Car Tax?

A new study by the nation’s largest car rental company shows that people will go miles out of their way to avoid a $4-a-day tax on rental cars. Read more..

By DAVID CAY JOHNSTON - The New York Times

On Second Thought, It Looks Good on You

Though more accepting of a larger body size, Americans still feel a compulsion to diet. Read more..

By ALEX MINDLIN - 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

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO17.9718.2717.8617.9742.1M
Oracle Corp.ORCL14.2414.4714.2214.4232.5M
General ElectricGE32.0832.4332.0832.3623.6M
Wal-Mart StoresWMT43.2343.9342.7243.0217.7M
Home DepotHD33.9334.4733.4033.6014.1M
AT&T Inc.T26.7026.8026.5826.7512.2M
HP Inc.HPQ30.7831.4730.6231.2010.9M
JPMorgan ChaseJPM40.8140.9440.4040.7310.8M
Walt Disney & Co.DIS28.1628.6028.1528.6010.6M
Abbott LaboratoriesABT43.9044.5743.9044.489.87M
Verizon CommunicationsVZ31.7131.7731.3731.587.65M
Johnson & JohnsonJNJ60.5561.3060.5560.917.28M
United TechnologiesUTX58.8159.6557.4557.967.13M
International Business MachinesIBM73.3473.9473.2073.706.82M
Procter & GamblePG55.6356.1755.5555.826.17M
UnitedHealth GroupUNH47.3248.4047.2747.654.74M
Wells Fargo & Co.WFC67.7868.9567.7568.554.74M
Gilead SciencesGILD59.7160.5059.2559.403.64M
Bristol-Myers SquibbBMY24.7024.8524.5024.662.9M
Union PacificUNP85.6586.4884.5984.661.58M
Berkshire HathawayBRK.B2986.003013.002982.003007.008.3K
Exchange Rates of July 17th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.110 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.136 CAD1 CAD = 0.881 USD
US DollarSwiss Franc1 USD = 1.248 CHF1 CHF = 0.801 USD
US DollarChinese Yuan1 USD = 7.998 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 146.620 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.688 GBP1 GBP = 1.453 EUR
EuroAustralian Dollar1 EUR = 1.674 AUD1 AUD = 0.597 EUR
EuroCanadian Dollar1 EUR = 1.422 CAD1 CAD = 0.703 EUR
EuroSwiss Franc1 EUR = 1.562 CHF1 CHF = 0.640 EUR
Pound SterlingAustralian Dollar1 GBP = 2.434 AUD1 AUD = 0.411 GBP
Pound SterlingCanadian Dollar1 GBP = 2.066 CAD1 CAD = 0.484 GBP
Pound SterlingSwiss Franc1 GBP = 2.270 CHF1 CHF = 0.441 GBP
Australian DollarCanadian Dollar1 AUD = 0.849 CAD1 CAD = 1.178 AUD
Australian DollarSwiss Franc1 AUD = 0.932 CHF1 CHF = 1.073 AUD

See what else happened on July 17th, 2006