Financial news on July 20th, 2006

Business and Financial news
Apple Earnings Bolstered by iPod and Notebook Sales

Confounding Wall Street skeptics, Apple Computer released quarterly financial results that showed strong growth in both its iPod and notebook businesses. Read more..

By JOHN MARKOFF - The New York Times

Charges Filed in Investigation Into Stock Options

Two executives of Brocade Communications Systems were charged in the first federal court case to emerge from an investigation into stock options. Read more..

By DAMON DARLIN - The New York Times

Count Ethnic Divisions, Not Bombs, to Tell if a Nation Will Recover From War

History suggests that ethnic divisions and civil discord, unlike bombs, cause lasting damage to the prospects for a nation’s economy. Read more..

By AUSTAN GOOLSBEE - The New York Times

Disney Opts for Marketer in Selection of Film Chief

For the second time in four months, a marketing executive has been named to take over creative decision making at a major studio. Read more..

By LAURA M. HOLSON - The New York Times

Fast-Food Operator Posts Profit

Yum Brands elevated its annual earnings forecast on increased sales in China. Read more..

By BLOOMBERG NEWS - The New York Times

Getting Online on the Go

Q. Is there a way to get online by connecting a cellphone to a laptop computer? Read more..

By J. D. BIERSDORFER - The New York Times

It Asks Questions in 6 Languages and Also Understands the Answers

The Ectaco Partner EW800 Talking Electronic Dictionary and Audio PhraseBook can translate to or from six languages. Read more..

By J. D. BIERSDORFER - The New York Times

Pension Deal Closer, but Hurdles Exist

Congressional negotiators have reached a preliminary oral agreement on a long-awaited package of amendments to overhaul the nation’s pension system. Read more..


Playing Matchmaker for Technology, With a Twist

The Utek Corporation is a technology transfer company that will take its payment only in shares of stock. Read more..

By CLAUDIA H. DEUTSCH - The New York Times

Senate Limits Financial Sales to Military

The Senate approved a bill that would tighten the rules governing the marketing of life insurance and high-cost mutual funds to American military personnel. Read more..

By DIANA B. HENRIQUES - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Cisco SystemsCSCO18.0718.0917.6117.8861.5M
Oracle Corp.ORCL15.0615.2414.9115.1248.5M
General ElectricGE32.8532.9432.4832.4820.6M
Home DepotHD34.5235.1533.9633.9817.6M
JPMorgan ChaseJPM43.0543.3742.7542.9816.4M
International Business MachinesIBM75.7375.8875.2075.4812.2M
AT&T Inc.T27.4727.7627.2427.3011.9M
UnitedHealth GroupUNH51.9451.9449.4750.2110.5M
HP Inc.HPQ32.1532.7631.7731.8010.3M
Wal-Mart StoresWMT44.3544.6144.1544.2910.3M
Abbott LaboratoriesABT45.9646.7045.9246.2110M
Verizon CommunicationsVZ32.2532.3332.0532.259.47M
Walt Disney & Co.DIS29.2429.7529.1229.129.35M
Gilead SciencesGILD61.0361.6158.3259.358.14M
Wells Fargo & Co.WFC70.9771.9970.7970.797.76M
Bristol-Myers SquibbBMY25.6025.8925.4325.646.85M
United TechnologiesUTX61.9562.0760.2560.256.27M
Procter & GamblePG56.4156.9956.1856.615.75M
Johnson & JohnsonJNJ61.2061.7361.2061.375.56M
Union PacificUNP86.2589.8983.7684.013.33M
Berkshire HathawayBRK.B3030.003035.003015.003027.0015.9K
Exchange Rates of July 20th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 117.030 JPY1 JPY = 0.009 USD
US DollarCanadian Dollar1 USD = 1.133 CAD1 CAD = 0.883 USD
US DollarSwiss Franc1 USD = 1.244 CHF1 CHF = 0.804 USD
US DollarChinese Yuan1 USD = 7.993 CNY1 CNY = 0.125 USD
EuroJapanese Yen1 EUR = 147.770 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.683 GBP1 GBP = 1.464 EUR
EuroAustralian Dollar1 EUR = 1.682 AUD1 AUD = 0.595 EUR
EuroCanadian Dollar1 EUR = 1.430 CAD1 CAD = 0.699 EUR
EuroSwiss Franc1 EUR = 1.570 CHF1 CHF = 0.637 EUR
Pound SterlingAustralian Dollar1 GBP = 2.461 AUD1 AUD = 0.406 GBP
Pound SterlingCanadian Dollar1 GBP = 2.093 CAD1 CAD = 0.478 GBP
Pound SterlingSwiss Franc1 GBP = 2.298 CHF1 CHF = 0.435 GBP
Australian DollarCanadian Dollar1 AUD = 0.850 CAD1 CAD = 1.177 AUD
Australian DollarSwiss Franc1 AUD = 0.933 CHF1 CHF = 1.071 AUD

See what else happened on July 20th, 2006