Financial news on December 18, 2006

Business and Financial news
Blessed by a U.S. Official, China Will Buy 4 Nuclear Reactors

The deal may stir worries in Washington that the United States is selling its competitive advantage an industry at a time. Read more..

By KEITH BRADSHER - The New York Times

Drug Middleman Plans Hostile Bid for Rival

Express Scripts will offer $26 billion for the larger Caremark Rx in an audacious takeover attempt that could lead to lower drug prices for consumers. Read more..

By ANDREW ROSS SORKIN - The New York Times

Fighting Crime Using Videos on YouTube

Canadian police posted video of two men wanted for questioning on YouTube in addition to giving it to local television stations for broadcast. Read more..

By IAN AUSTEN - The New York Times

From Heavy Metal to Symphonic Rock and Holiday Gold

The band Trans-Siberian Orchestra has sold five million copies of its Christmas rock operas over the last decade, as its elaborate, effects-filled shows have packed U.S. arenas. Read more..

By ROBERT LEVINE - The New York Times

How to Lose Cadillac and Other Lessons on Madison Ave. in 2006

This year’s big story was mainstream marketers embracing new technologies like podcasts, video-on-demand, blogs, social networking and video sharing. Read more..

By STUART ELLIOTT - The New York Times

Looking Ahead

MERRY, INDEED With one week to go before Christmas and two weeks before New Year’s Day, there are still bonuses and earnings to be awarded and announced on Wall Street, but already there have been a lot of merry tidings. Last week Morgan Stanley s... Read more..

By THE NEW YORK TIMES - The New York Times

Old Model Versus a Speedster

As they ponder how to outdo YouTube, media giants like NBC Universal and Viacom are discussing partnering to build a competing distributor of Internet video. Read more..

By RICHARD SIKLOS and BILL CARTER - The New York Times

On Demand and on DVD at the Same Time

Comcast, the nation’s largest cable operator, has introduced an experimental program to release films on demand simultaneously with their release on DVDs. Read more..

By GERALDINE FABRIKANT - The New York Times

Warner to Acquire Independent Label

Warner Music Group has struck a $73.5 million deal to purchase a controlling stake in the independently run Roadrunner music label. Read more..

By THE NEW YORK TIMES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL17,8718,1717,6517,9158.2M
MicrosoftMSFT30,1930,2629,7829,8957M
General ElectricGE37,4138,1337,4138,0050.1M
IntelINTC21,0521,3020,6620,8449M
Cisco SystemsCSCO27,6027,9627,4327,6146.3M
PfizerPFE25,6525,9525,5725,8338.3M
AT&T Inc.T35,7535,9535,2835,4737.8M
AppleAAPL87,6388,0084,5985,4725.8M
ConocoPhillipsCOP74,4974,8972,1972,5025.8M
ExxonMobilXOM77,2677,2675,3675,5122.5M
AlphabetGOOGL482,51482,74460,72462,8016M
Home DepotHD40,0740,3039,6839,9614.1M
Wal-Mart StoresWMT46,5046,8046,2846,3712.9M
ComcastCMCSA43,0443,2142,8043,1212.2M
MerckMRK43,8944,0743,6743,8310.8M
Wells Fargo & Co.WFC35,7435,8135,5335,7610.3M
Verizon CommunicationsVZ36,6036,7036,4136,5410.1M
HP Inc.HPQ39,9340,2439,9040,039.72M
ChevronCVX75,1075,4373,2573,339.22M
AltriaMO85,6886,5685,2585,638.98M
SchlumbergerSLB67,0067,2864,9065,078.9M
JPMorgan ChaseJPM48,3048,6048,0348,238.54M
Walt Disney & Co.DIS34,1034,6934,1034,498M
International Business MachinesIBM94,9596,1694,8095,447.98M
Johnson & JohnsonJNJ66,2266,8466,2266,607.9M
Abbott LaboratoriesABT48,3048,3447,8548,136.94M
AmazonAMZN40,2040,6438,8639,266.49M
Procter & GamblePG64,0264,2763,6564,165.77M
UnitedHealth GroupUNH50,2050,5349,9850,405.47M
Bristol-Myers SquibbBMY25,5025,6825,4825,535.26M
Coca-ColaKO48,8549,1048,8248,905.22M
McDonald'sMCD43,3443,7543,2543,485.2M
AmgenAMGN70,2170,8469,8570,055.19M
United TechnologiesUTX62,4162,5762,1462,265.08M
PepsicoPEP63,1163,3462,6563,073.1M
Gilead SciencesGILD64,4464,8663,5363,792.72M
BoeingBA90,7590,9089,4189,562.63M
3MMMM78,3579,0178,2378,352.33M
Union PacificUNP94,1094,1293,0393,40773K
Berkshire HathawayBRK.B3825,003825,003777,003781,0022K
Exchange Rates of December 18, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 118,130 JPY1 JPY = 0,008 USD
US DollarCanadian Dollar1 USD = 1,157 CAD1 CAD = 0,864 USD
US DollarSwiss Franc1 USD = 1,222 CHF1 CHF = 0,818 USD
US DollarChinese Yuan1 USD = 7,820 CNY1 CNY = 0,128 USD
EuroJapanese Yen1 EUR = 154,720 JPY1 JPY = 0,006 EUR
EuroPound Sterling1 EUR = 0,672 GBP1 GBP = 1,487 EUR
EuroAustralian Dollar1 EUR = 1,678 AUD1 AUD = 0,596 EUR
EuroCanadian Dollar1 EUR = 1,515 CAD1 CAD = 0,660 EUR
EuroSwiss Franc1 EUR = 1,601 CHF1 CHF = 0,625 EUR
Japanese YenPound Sterling1 JPY = 0,434 GBP1 GBP = 2,303 JPY
Japanese YenAustralian Dollar1 JPY = 1,084 AUD1 AUD = 0,922 JPY
Japanese YenCanadian Dollar1 JPY = 0,979 CAD1 CAD = 1,022 JPY
Japanese YenSwiss Franc1 JPY = 1,034 CHF1 CHF = 0,967 JPY
Pound SterlingAustralian Dollar1 GBP = 2,496 AUD1 AUD = 0,401 GBP
Pound SterlingCanadian Dollar1 GBP = 2,253 CAD1 CAD = 0,444 GBP
Pound SterlingSwiss Franc1 GBP = 2,380 CHF1 CHF = 0,420 GBP
Australian DollarCanadian Dollar1 AUD = 0,902 CAD1 CAD = 1,109 AUD
Australian DollarSwiss Franc1 AUD = 0,953 CHF1 CHF = 1,049 AUD
Canadian DollarSwiss Franc1 CAD = 1,056 CHF1 CHF = 0,947 CAD

See what else happened on December 18, 2006