Financial news on July 19, 2006

Business and Financial news
Competitors Concerned After the Arrest of a Major Figure in Internet Gambling

The arrest by the U.S. of the chief of a British bookmaking company sent shares of the industry’s biggest names plummeting. Read more..

By HEATHER TIMMONS - The New York Times

Downloading Service to Allow Film Watching on TV Screens

Several large studios will start letting people create DVD’s of movies using a new feature of CinemaNow, an online movie-downloading site. Read more..

By SAUL HANSELL - The New York Times

For the Osprey Hybrid Aircraft, Zigzags to Cap 20 Years of Zigzags

Bell Helicopter and the Boeing Company hope the V-22 Osprey’s debut will erase memories of the aircraft’s troubled history. Read more..

By LESLIE WAYNE - The New York Times

Goldman Shuffles Several Top Positions

By Dow Jones/AP. Read more..

By DOW JONES/THE ASSOCIATED PRESS - The New York Times

I.B.M. Reports Strong Profit, but Services Unit Struggles

In after-hours trading, I.B.M.’s stock rose $1.06 a share, after closing the regular session at $75.26 a share, up 56 cents. Read more..

By LAURIE J. FLYNN - The New York Times

Late Surge Helps Market Stop 4-Day Slide

Oil prices dropped, Coca-Cola’s profit surpassed estimates and United Technologies raised its full-year earnings forecast. Read more..

By BLOOMBERG NEWS - The New York Times

Pair Atop EADS Promise Needed Repairs

Louis Gallois and Thomas Enders pledged to increase transparency with customers and end internal strife at the company. Read more..

By LESLIE WAYNE and MARK LANDLER - The New York Times

Prime Office Space Still Commands Premium Prices

The commercial real estate market remains healthy, though rising interest rates are taking their toll, some specialists say. Read more..

By TERRY PRISTIN - The New York Times

Procter & Gamble Plans to Close Its Rochas Fashion Label

Rochas’s $4,000 suits and dresses were an odd fit with Procter’s core products, like Duracell batteries and Tide detergent. Read more..

By ERIC WILSON - The New York Times

Zero to 60 in 4 Seconds, Totally From Revving Batteries

A California company will unveil an electric car model that is very specialized, very expensive and very, very fast. Read more..

By MATTHEW L. WALD - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
IntelINTC18,2518,6418,0518,4984.9M
MicrosoftMSFT22,8223,4622,7223,4082.2M
Cisco SystemsCSCO17,8918,4317,7918,0068.7M
Oracle Corp.ORCL14,8115,2114,7315,0766.9M
AppleAAPL52,9655,0852,3654,1049.7M
PfizerPFE22,6923,3922,6523,3033.6M
Abbott LaboratoriesABT45,0046,7544,7046,2828.6M
JPMorgan ChaseJPM41,9043,0641,7443,0527M
General ElectricGE32,5833,0432,4932,8825.5M
ExxonMobilXOM64,6264,8963,6564,6625M
Home DepotHD33,1734,4933,0634,3519.6M
HP Inc.HPQ31,1532,3230,9532,2517.8M
UnitedHealth GroupUNH49,9151,1449,6550,9317.7M
Wal-Mart StoresWMT43,2844,3343,2344,2017.6M
AlphabetGOOGL395,01401,14394,66399,0017M
ComcastCMCSA32,0532,7331,9632,6315.2M
MerckMRK36,8537,6336,5537,3214.7M
International Business MachinesIBM76,0077,0676,0076,0714.5M
ConocoPhillipsCOP65,3866,1864,7965,8914.1M
Verizon CommunicationsVZ31,6832,4431,6532,3212.4M
AmgenAMGN64,4365,3764,1164,5612.2M
AT&T Inc.T27,1027,5827,0427,4712.1M
Walt Disney & Co.DIS29,0429,5428,9529,2611.7M
Wells Fargo & Co.WFC68,8070,9068,6070,8311.7M
AltriaMO77,4977,9377,0177,4610.3M
ChevronCVX65,5566,3465,0665,999.96M
SchlumbergerSLB62,4864,6662,4364,249.39M
AmazonAMZN33,5034,7733,3934,488.87M
Johnson & JohnsonJNJ60,4961,4960,4961,318.46M
United TechnologiesUTX59,3561,4559,0161,078.32M
Bristol-Myers SquibbBMY24,8025,7824,7625,558.32M
Coca-ColaKO43,8943,9143,5543,828.08M
Procter & GamblePG55,8056,8555,5056,647.94M
McDonald'sMCD34,8135,2034,7035,096.2M
PepsicoPEP63,2363,5562,5362,675.86M
3MMMM71,1571,3870,6471,025.37M
Gilead SciencesGILD60,4061,8960,0761,235.27M
BoeingBA79,3282,5778,3682,295.07M
Union PacificUNP86,4087,5085,0187,402.78M
Berkshire HathawayBRK.B3010,003035,003010,003030,0013.1K
Exchange Rates of July 19, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 116,830 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,134 CAD1 CAD = 0,882 USD
US DollarSwiss Franc1 USD = 1,248 CHF1 CHF = 0,801 USD
US DollarChinese Yuan1 USD = 8,001 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 147,110 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,684 GBP1 GBP = 1,463 EUR
EuroAustralian Dollar1 EUR = 1,677 AUD1 AUD = 0,596 EUR
EuroCanadian Dollar1 EUR = 1,428 CAD1 CAD = 0,700 EUR
EuroSwiss Franc1 EUR = 1,572 CHF1 CHF = 0,636 EUR
Pound SterlingAustralian Dollar1 GBP = 2,452 AUD1 AUD = 0,408 GBP
Pound SterlingCanadian Dollar1 GBP = 2,089 CAD1 CAD = 0,479 GBP
Pound SterlingSwiss Franc1 GBP = 2,299 CHF1 CHF = 0,435 GBP
Australian DollarCanadian Dollar1 AUD = 0,852 CAD1 CAD = 1,174 AUD
Australian DollarSwiss Franc1 AUD = 0,937 CHF1 CHF = 1,067 AUD

See what else happened on July 19, 2006