Financial news on December 18th, 2006
Business and Financial news
The deal may stir worries in Washington that the United States is selling its competitive advantage an industry at a time. Read more..
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..
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..
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..
This year’s big story was mainstream marketers embracing new technologies like podcasts, video-on-demand, blogs, social networking and video sharing. Read more..
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..
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..
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..
Warner Music Group has struck a $73.5 million deal to purchase a controlling stake in the independently run Roadrunner music label. Read more..
Stock Markets
Values are reported in US Dollars
Stock | Ticker symbol | Open | High | Low | Close | Volume |
Oracle Corp. | ORCL | 17.87 | 18.17 | 17.65 | 17.91 | 58.2M |
Microsoft | MSFT | 30.19 | 30.26 | 29.78 | 29.89 | 57M |
General Electric | GE | 37.41 | 38.13 | 37.41 | 38.00 | 50.1M |
Intel | INTC | 21.05 | 21.30 | 20.66 | 20.84 | 49M |
Cisco Systems | CSCO | 27.60 | 27.96 | 27.43 | 27.61 | 46.3M |
Pfizer | PFE | 25.65 | 25.95 | 25.57 | 25.83 | 38.3M |
AT&T Inc. | T | 35.75 | 35.95 | 35.28 | 35.47 | 37.8M |
Apple | AAPL | 87.63 | 88.00 | 84.59 | 85.47 | 25.8M |
ConocoPhillips | COP | 74.49 | 74.89 | 72.19 | 72.50 | 25.8M |
ExxonMobil | XOM | 77.26 | 77.26 | 75.36 | 75.51 | 22.5M |
Alphabet | GOOGL | 482.51 | 482.74 | 460.72 | 462.80 | 16M |
Home Depot | HD | 40.07 | 40.30 | 39.68 | 39.96 | 14.1M |
Wal-Mart Stores | WMT | 46.50 | 46.80 | 46.28 | 46.37 | 12.9M |
Comcast | CMCSA | 43.04 | 43.21 | 42.80 | 43.12 | 12.2M |
Merck | MRK | 43.89 | 44.07 | 43.67 | 43.83 | 10.8M |
Wells Fargo & Co. | WFC | 35.74 | 35.81 | 35.53 | 35.76 | 10.3M |
Verizon Communications | VZ | 36.60 | 36.70 | 36.41 | 36.54 | 10.1M |
HP Inc. | HPQ | 39.93 | 40.24 | 39.90 | 40.03 | 9.72M |
Chevron | CVX | 75.10 | 75.43 | 73.25 | 73.33 | 9.22M |
Altria | MO | 85.68 | 86.56 | 85.25 | 85.63 | 8.98M |
Schlumberger | SLB | 67.00 | 67.28 | 64.90 | 65.07 | 8.9M |
JPMorgan Chase | JPM | 48.30 | 48.60 | 48.03 | 48.23 | 8.54M |
Walt Disney & Co. | DIS | 34.10 | 34.69 | 34.10 | 34.49 | 8M |
International Business Machines | IBM | 94.95 | 96.16 | 94.80 | 95.44 | 7.98M |
Johnson & Johnson | JNJ | 66.22 | 66.84 | 66.22 | 66.60 | 7.9M |
Abbott Laboratories | ABT | 48.30 | 48.34 | 47.85 | 48.13 | 6.94M |
Amazon | AMZN | 40.20 | 40.64 | 38.86 | 39.26 | 6.49M |
Procter & Gamble | PG | 64.02 | 64.27 | 63.65 | 64.16 | 5.77M |
UnitedHealth Group | UNH | 50.20 | 50.53 | 49.98 | 50.40 | 5.47M |
Bristol-Myers Squibb | BMY | 25.50 | 25.68 | 25.48 | 25.53 | 5.26M |
Coca-Cola | KO | 48.85 | 49.10 | 48.82 | 48.90 | 5.22M |
McDonald's | MCD | 43.34 | 43.75 | 43.25 | 43.48 | 5.2M |
Amgen | AMGN | 70.21 | 70.84 | 69.85 | 70.05 | 5.19M |
United Technologies | UTX | 62.41 | 62.57 | 62.14 | 62.26 | 5.08M |
Pepsico | PEP | 63.11 | 63.34 | 62.65 | 63.07 | 3.1M |
Gilead Sciences | GILD | 64.44 | 64.86 | 63.53 | 63.79 | 2.72M |
Boeing | BA | 90.75 | 90.90 | 89.41 | 89.56 | 2.63M |
3M | MMM | 78.35 | 79.01 | 78.23 | 78.35 | 2.33M |
Union Pacific | UNP | 94.10 | 94.12 | 93.03 | 93.40 | 773K |
Berkshire Hathaway | BRK.B | 3825.00 | 3825.00 | 3777.00 | 3781.00 | 22K |
Exchange Rates of December 18th, 2006
Currencies | Exchange Rates | ||
US Dollar | Japanese Yen | 1 USD = 118.130 JPY | 1 JPY = 0.008 USD |
US Dollar | Canadian Dollar | 1 USD = 1.157 CAD | 1 CAD = 0.864 USD |
US Dollar | Swiss Franc | 1 USD = 1.222 CHF | 1 CHF = 0.818 USD |
US Dollar | Chinese Yuan | 1 USD = 7.820 CNY | 1 CNY = 0.128 USD |
Euro | Japanese Yen | 1 EUR = 154.720 JPY | 1 JPY = 0.006 EUR |
Euro | Pound Sterling | 1 EUR = 0.672 GBP | 1 GBP = 1.487 EUR |
Euro | Australian Dollar | 1 EUR = 1.678 AUD | 1 AUD = 0.596 EUR |
Euro | Canadian Dollar | 1 EUR = 1.515 CAD | 1 CAD = 0.660 EUR |
Euro | Swiss Franc | 1 EUR = 1.601 CHF | 1 CHF = 0.625 EUR |
Japanese Yen | Pound Sterling | 1 JPY = 0.434 GBP | 1 GBP = 2.303 JPY |
Japanese Yen | Australian Dollar | 1 JPY = 1.084 AUD | 1 AUD = 0.922 JPY |
Japanese Yen | Canadian Dollar | 1 JPY = 0.979 CAD | 1 CAD = 1.022 JPY |
Japanese Yen | Swiss Franc | 1 JPY = 1.034 CHF | 1 CHF = 0.967 JPY |
Pound Sterling | Australian Dollar | 1 GBP = 2.496 AUD | 1 AUD = 0.401 GBP |
Pound Sterling | Canadian Dollar | 1 GBP = 2.253 CAD | 1 CAD = 0.444 GBP |
Pound Sterling | Swiss Franc | 1 GBP = 2.380 CHF | 1 CHF = 0.420 GBP |
Australian Dollar | Canadian Dollar | 1 AUD = 0.902 CAD | 1 CAD = 1.109 AUD |
Australian Dollar | Swiss Franc | 1 AUD = 0.953 CHF | 1 CHF = 1.049 AUD |
Canadian Dollar | Swiss Franc | 1 CAD = 1.056 CHF | 1 CHF = 0.947 CAD |
See what else happened on December 18th, 2006