Financial news on June 19th, 2006

Business and Financial news

Agency Seeks Alliance. Read more..

By THE NEW YORK TIMES - The New York Times

In Heated Battle for AB Ports, Macquarie May Pony Up £2.7 Billion, Report Says

A consortium led by Macquarie Bank of Australia is expected to offer nearly 2.7 billion pounds ($4.98 billion) for Associated British Ports in a move that would trump a 2.53 billion pound ($4.67 billion) bid from a Goldman Sachs consortium, The Times of London reported. Read more..

By THE NEW YORK TIMES - The New York Times

Inquiry Into Stock Option Pricing Casts a Wide Net

In the latest scandal, companies handed out options in a way that undermined the idea of options as a pay-for-performance tool. Read more..

By ERIC DASH - The New York Times

New Gold Coin Is Purest Yet From U.S. Mint

A new United States gold coin, the purest ever made, will go on sale today to investors worldwide. Read more..

By MATTHEW HEALEY - The New York Times

Personal Trainers Available by the Download

More trainers are packaging their services in audio or video files that can be downloaded into an iPod for a quick trip to the gym. Read more..

By BOB TEDESCHI - The New York Times

Some Sites Off Limits, Even in a Newsroom

The Los Angeles Times blocks access to "sex sites" and to sites that could compromise network security. Read more..

By SARA IVRY - The New York Times

Telecom Giants in Europe Plan $30 Billion Deal

Nokia and Siemens are expected to announce a merger of their telecommunication network equipment businesses. Read more..

By ANDREW ROSS SORKIN - The New York Times

Treasury Bills Set for This Week

The Treasury's schedule of financing this week includes today's regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow. Read more..

By THE NEW YORK TIMES - The New York Times

Try It; You Liked It Once, and Alka-Seltzer Hopes You Do Again

Kathy Griffin is appearing in a remake of a popular, humorous 1971 spot for Alka-Seltzer known as "Try it, you'll like it." Read more..

By STUART ELLIOTT - The New York Times

Video Game Makers Are Battling Sinking Stock Prices

While air has seeped steadily from the stock market, it has poured from the four major publicly traded game publishers. Read more..

By MATT RICHTEL - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Oracle Corp.ORCL14.3514.5614.1814.2935.6M
Cisco SystemsCSCO20.0120.1519.7119.8232.8M
HP Inc.HPQ33.3534.0033.0633.5732.3M
General ElectricGE33.8333.9533.6433.7220.4M
AT&T Inc.T27.8228.0327.7927.8419.2M
Walt Disney & Co.DIS29.4529.4529.0029.0712.4M
Wal-Mart StoresWMT48.4548.9048.0048.2711.6M
Verizon CommunicationsVZ32.5032.8232.1432.1711.5M
Procter & GamblePG55.7556.0054.7054.8711.2M
Johnson & JohnsonJNJ61.6061.6861.3261.359.99M
Home DepotHD36.9137.2336.7836.869.87M
JPMorgan ChaseJPM40.1740.4639.7539.959.09M
Abbott LaboratoriesABT42.9642.9642.2442.326.85M
UnitedHealth GroupUNH44.4944.5043.3143.506.74M
Bristol-Myers SquibbBMY25.3325.5125.1525.426.14M
International Business MachinesIBM78.0678.3077.3477.675.3M
Gilead SciencesGILD57.8057.9755.7556.114.22M
Wells Fargo & Co.WFC66.8567.1066.2266.463.62M
United TechnologiesUTX61.7061.7760.2660.902.94M
Union PacificUNP90.0090.4287.5588.111.13M
Berkshire HathawayBRK.B3063.003089.003058.003088.0019.7K
Exchange Rates of June 19th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 115.470 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.121 CAD1 CAD = 0.892 USD
US DollarSwiss Franc1 USD = 1.240 CHF1 CHF = 0.806 USD
US DollarChinese Yuan1 USD = 8.006 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 145.200 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.464 EUR
EuroAustralian Dollar1 EUR = 1.706 AUD1 AUD = 0.586 EUR
EuroCanadian Dollar1 EUR = 1.409 CAD1 CAD = 0.710 EUR
EuroSwiss Franc1 EUR = 1.559 CHF1 CHF = 0.641 EUR
Pound SterlingAustralian Dollar1 GBP = 2.497 AUD1 AUD = 0.400 GBP
Pound SterlingCanadian Dollar1 GBP = 2.062 CAD1 CAD = 0.485 GBP
Pound SterlingSwiss Franc1 GBP = 2.282 CHF1 CHF = 0.438 GBP
Australian DollarCanadian Dollar1 AUD = 0.825 CAD1 CAD = 1.212 AUD
Australian DollarSwiss Franc1 AUD = 0.913 CHF1 CHF = 1.095 AUD

See what else happened on June 19th, 2006