Financial news on June 20th, 2006

Business and Financial news
A Coming Attraction: Movies on iTunes

Apple Computer has been talking with executives at all the major studios about adding movies to its popular iTunes music store by the fall. Read more..

By LAURA M. HOLSON and EDUARDO PORTER - The New York Times

A Mania in Telecom to Merge

As Nokia and Siemens announced plans to merge, the big unanswered question was not if, but when, the remaining telecommunications giants would team up. Read more..

By KEN BELSON and IAN AUSTEN - The New York Times

Arcelor Delays Vote on Russian Steel Deal

Arcelor said it would postpone the vote "in light of the current discussions" it is holding with Mittal Steel, the world's largest steel maker. Read more..

By HEATHER TIMMONS - The New York Times

By Demand, Saks Revives Petite Dept.

The company had quietly dropped its petite women's clothing department several months ago because of poor sales. Read more..

By MICHAEL BARBARO - The New York Times

Europe's Image Clashes With Reliance on Coal

Europe likes to think of itself as beyond its sooty past, yet it still depends on a cheap, plentiful fuel. Read more..

By MARK LANDLER - The New York Times

Executive Accused of Tax Fraud and Witness Intimidation

Gene F. Haas, 54, the owner of Haas Automation, was accused in a 52-page indictment of running a bogus invoicing scheme to create fake tax deductions. Read more..

By DAVID CAY JOHNSTON - The New York Times

Fed Governor to Direct Accounting Regulator

Mark W. Olson was named Monday as the chairman of the Public Company Accounting Oversight Board. Read more..

By FLOYD NORRIS - The New York Times

In Wal-Mart's Home, Synagogue Signals Growth

Wal-Mart has transformed the sedate rural community of Bentonville, Ark., into a teeming mini-metropolis. Read more..

By MICHAEL BARBARO - The New York Times

Memo Pad

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By JOE SHARKEY - The New York Times

Warner Music in Deal With China Unicom

Warner Music in Deal With China Unicom. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
MicrosoftMSFT22,5422,7622,5022,5690.6M
IntelINTC18,2818,4118,0718,1550.9M
PfizerPFE23,1623,2022,8422,9547.7M
Oracle Corp.ORCL14,4214,4814,2314,2530M
Cisco SystemsCSCO19,7520,0519,6419,7328.9M
General ElectricGE33,7233,8233,5433,7027.6M
AppleAAPL57,6158,3557,2957,4724M
AT&T Inc.T27,8428,0127,5527,5820.6M
ExxonMobilXOM57,7458,3457,2657,3919.9M
Verizon CommunicationsVZ32,0932,9031,9632,7416.4M
HP Inc.HPQ33,3033,4732,6332,8615M
Walt Disney & Co.DIS29,0229,3428,9129,2313.8M
ConocoPhillipsCOP59,5059,9558,6258,8013.5M
Home DepotHD36,7136,8036,2436,4213.1M
Procter & GamblePG55,2355,8454,8655,5811.4M
JPMorgan ChaseJPM40,1440,7840,0440,4911.2M
SchlumbergerSLB56,2556,9554,4454,519.77M
MerckMRK34,6235,0234,5034,929.22M
ComcastCMCSA32,1932,4932,1832,268.75M
Wal-Mart StoresWMT48,2548,5948,2148,438.7M
AmgenAMGN65,6765,7764,7764,968.6M
AlphabetGOOGL388,03391,87386,51387,178.07M
Bristol-Myers SquibbBMY25,4025,6525,3025,568.06M
ChevronCVX57,7658,3857,4357,518M
Johnson & JohnsonJNJ61,3761,7061,2161,536.93M
AltriaMO71,8372,4671,6171,896.84M
International Business MachinesIBM77,8478,3077,2577,996.12M
Abbott LaboratoriesABT42,2042,4642,1842,225.81M
Coca-ColaKO42,9243,1242,7042,805.65M
UnitedHealth GroupUNH43,7044,1743,5043,715.29M
McDonald'sMCD33,0533,1132,7032,965.1M
AmazonAMZN35,0135,6534,8835,484.47M
Gilead SciencesGILD56,2556,2554,5355,244.34M
PepsicoPEP59,2459,8659,1159,293.96M
Wells Fargo & Co.WFC66,1766,9066,1766,483.95M
BoeingBA85,2585,4884,0584,853.09M
United TechnologiesUTX61,1961,2560,5060,982.24M
3MMMM79,4380,6179,0579,892.14M
Union PacificUNP88,2189,7087,2587,301.53M
Berkshire HathawayBRK.B3082,003085,003063,003080,0019.7K
Exchange Rates of June 20th, 2006
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 114,860 JPY1 JPY = 0,009 USD
US DollarCanadian Dollar1 USD = 1,118 CAD1 CAD = 0,895 USD
US DollarSwiss Franc1 USD = 1,238 CHF1 CHF = 0,808 USD
US DollarChinese Yuan1 USD = 8,001 CNY1 CNY = 0,125 USD
EuroJapanese Yen1 EUR = 144,520 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,683 GBP1 GBP = 1,465 EUR
EuroAustralian Dollar1 EUR = 1,704 AUD1 AUD = 0,587 EUR
EuroCanadian Dollar1 EUR = 1,407 CAD1 CAD = 0,711 EUR
EuroSwiss Franc1 EUR = 1,558 CHF1 CHF = 0,642 EUR
Pound SterlingAustralian Dollar1 GBP = 2,496 AUD1 AUD = 0,401 GBP
Pound SterlingCanadian Dollar1 GBP = 2,060 CAD1 CAD = 0,486 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 = 0,914 CHF1 CHF = 1,094 AUD

See what else happened on June 20th, 2006