Financial news on October 19, 2006

Business and Financial news
Bloomberg Dismisses Talk of Sale

Mayor Michael R. Bloomberg said although he has been approached by potential buyers, he will not sell his multibillion-dollar company. Read more..

By THOMAS J. LUECK and ANDREW ROSS SORKIN - The New York Times

EBay Reports That Profit Jumped 10% in Quarter

The Internet auction giant said its profit was helped in part by a lower tax rate and strong sales at its online payments unit. Read more..

By MIGUEL HELFT - The New York Times

If a Swiss Army Knife Were a Small, Stylish Phone

The T-Mobile Dash, a phone slim enough to slip into a vest pocket or evening purse, is powerful enough to put in a full day’s work. Read more..

By JOHN BIGGS - The New York Times

Lower Energy Prices Help Consumer Price Index Decline 0.5%

Wall Street saw the latest evidence as an encouraging sign that the Fed will keep interest rates unchanged for now. Read more..

By JEREMY W. PETERS - The New York Times

Microsoft Looks Within to Design and Test Chips

Microsoft is exploring hardware design now in part because of a new set of tools that will make it possible to test ideas quickly. Read more..

By JOHN MARKOFF - The New York Times

Nimble and Edgy? There’s a Group for You, Partner

New entrepreneurial ad agencies are portraying themselves as more nimble and responsive than giant advertising companies. Read more..

By STUART ELLIOTT - The New York Times

Samsung and Hynix Officials Charged on Prices

Two executives of Samsung Electronics and a Hynix Semiconductor official were accused in a United States grand jury indictment of conspiring to fix prices for computer memory chips. Rha Young Bae, Samsung’s former head of worldwide sales and... Read more..

By BLOOMBERG NEWS - The New York Times

Satellite Radio Goes With You, From the Car to the Hot Spot

The Stiletto SL100, Sirius’s new portable satellite radio, offers Wi-Fi connectivity for listening to live Internet radio. Read more..

By J. D. BIERSDORFER - The New York Times

Take the Headset Out for a Spin (After All, Hearing Is Believing)

Sony’s new Altus portable stereo headphones have a frequency response usually found only on high-end, professional-quality headphones. Read more..

By STEPHEN C. MILLER - The New York Times

Why Old Media and Tom Cruise Should Worry About Cheaper Technology

As technology advances, more creative and inexpensive content will be available via the Internet, vying for people’s attention. Read more..

By HAL R. VARIAN - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.00 21.19 20.63 21.03 73.6M
Apple AAPL 79.26 79.95 78.16 78.99 54M
Pfizer PFE 28.42 28.50 27.60 27.68 50M
Cisco Systems CSCO 24.01 24.24 23.73 24.16 48.3M
Microsoft MSFT 28.35 28.45 28.12 28.29 44.7M
Oracle Corp. ORCL 18.66 18.96 18.37 18.87 33.3M
General Electric GE 35.40 35.49 35.14 35.28 26.2M
AT&T Inc. T 33.30 33.97 33.25 33.75 25.4M
ExxonMobil XOM 69.84 70.07 69.07 69.73 23.4M
Alphabet GOOGL 420.23 454.91 419.57 426.06 23M
UnitedHealth Group UNH 48.79 51.03 48.79 50.65 21.3M
McDonald's MCD 40.93 41.47 40.00 40.77 20.3M
Coca-Cola KO 44.70 45.14 44.60 44.91 17.7M
Altria MO 79.10 80.25 78.91 80.19 15.1M
HP Inc. HPQ 38.96 39.68 38.76 39.56 14.4M
Schlumberger SLB 60.38 62.70 59.94 62.70 13.3M
Verizon Communications VZ 36.93 37.30 36.87 37.21 12.7M
JPMorgan Chase JPM 47.21 47.21 46.37 46.87 12M
Abbott Laboratories ABT 48.03 48.39 47.69 47.92 11.9M
ConocoPhillips COP 60.33 61.39 60.13 61.13 11.1M
International Business Machines IBM 89.45 90.98 89.31 89.86 10.7M
Wal-Mart Stores WMT 48.43 48.99 48.39 48.49 10.1M
Home Depot HD 35.84 36.19 35.70 35.91 9.85M
Amgen AMGN 72.93 73.16 72.28 73.05 8.84M
Johnson & Johnson JNJ 68.00 68.22 67.84 68.04 8.61M
Merck MRK 44.48 44.89 44.22 44.49 8.21M
Comcast CMCSA 37.98 38.31 37.69 38.00 7.99M
Wells Fargo & Co. WFC 36.66 36.82 36.30 36.74 7.14M
Chevron CVX 64.80 65.64 64.36 65.64 7.05M
Walt Disney & Co. DIS 31.44 31.75 31.40 31.59 6.28M
Gilead Sciences GILD 67.96 68.75 67.60 68.30 5.65M
Procter & Gamble PG 62.29 62.56 62.14 62.50 5.23M
Bristol-Myers Squibb BMY 24.61 24.77 24.50 24.65 4.44M
Amazon AMZN 32.17 32.84 32.10 32.54 4.04M
Pepsico PEP 63.02 63.25 62.47 62.82 3.83M
United Technologies UTX 65.26 65.50 64.71 65.00 3.7M
3M MMM 75.53 76.47 75.53 76.40 2.78M
Boeing BA 82.74 82.96 81.77 82.41 2.43M
Union Pacific UNP 91.20 91.48 89.32 91.35 1.88M
Berkshire Hathaway BRK.B 3318.00 3332.00 3316.00 3328.00 7.4K
Exchange Rates of October 19, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 118.220 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.128 CAD 1 CAD = 0.886 USD
US Dollar Swiss Franc 1 USD = 1.258 CHF 1 CHF = 0.795 USD
US Dollar Chinese Yuan 1 USD = 7.908 CNY 1 CNY = 0.126 USD
Euro Japanese Yen 1 EUR = 149.230 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.672 GBP 1 GBP = 1.488 EUR
Euro Australian Dollar 1 EUR = 1.663 AUD 1 AUD = 0.601 EUR
Euro Canadian Dollar 1 EUR = 1.424 CAD 1 CAD = 0.702 EUR
Euro Swiss Franc 1 EUR = 1.587 CHF 1 CHF = 0.630 EUR
Japanese Yen Pound Sterling 1 JPY = 0.450 GBP 1 GBP = 2.221 JPY
Japanese Yen Australian Dollar 1 JPY = 1.114 AUD 1 AUD = 0.898 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.954 CAD 1 CAD = 1.048 JPY
Japanese Yen Swiss Franc 1 JPY = 1.064 CHF 1 CHF = 0.940 JPY
Pound Sterling Australian Dollar 1 GBP = 2.474 AUD 1 AUD = 0.404 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.118 CAD 1 CAD = 0.472 GBP
Pound Sterling Swiss Franc 1 GBP = 2.361 CHF 1 CHF = 0.424 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.856 CAD 1 CAD = 1.169 AUD
Australian Dollar Swiss Franc 1 AUD = 0.954 CHF 1 CHF = 1.048 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.114 CHF 1 CHF = 0.897 CAD

See what else happened on October 19, 2006