Financial news on July 21, 2006
Business and Financial news
Advanced Micro Devices, the maker of personal computer processors, said that its profit rose in the second quarter but sales declined as it cut prices to compete with Intel. Read more..
Steven M. Theede’s resignation ended his two rocky years in charge of Yukos, Russia’s embattled private energy company. Read more..
The rebranding campaign is no mere nostalgia trip. Despite its warts, AT&T is still the most recognizable name in the phone business. Read more..
The Daqin Railway Company, the operator of China’s biggest coal transport network, said its 15 billion yuan ($1.9 billion) share sale attracted bids worth almost nine times the stock on offer, as investors sought to benefit from the country’s risi... Read more..
Reliance Industries, an energy company in India, reported a 10.7 percent rise in profit for the quarter ending in June, helped by strong margins in its refining business. Reliance, based in Mumbai, said profit rose to 25.47 billion rupees ($544 mi... Read more..
The semiconductor maker said the new costs will be reflected in results for fiscal 2002 through 2006, from options granted to employees in 1998 through 2003. Read more..
Katsuaki Watanabe denied reports that Toyota might make an alliance offer to compete with one from Renault-Nissan. Read more..
Stock Markets
Values are reported in US Dollars
| Stock | Ticker symbol | Open | High | Low | Close | Volume |
| Microsoft | MSFT | 24.08 | 24.15 | 23.00 | 23.87 | 175M |
| Intel | INTC | 17.00 | 17.40 | 16.84 | 17.15 | 82.6M |
| Oracle Corp. | ORCL | 15.03 | 15.29 | 14.96 | 15.12 | 57.2M |
| Cisco Systems | CSCO | 17.80 | 17.85 | 17.45 | 17.46 | 55.7M |
| Pfizer | PFE | 23.84 | 24.04 | 23.69 | 23.83 | 37.1M |
| Apple | AAPL | 59.82 | 61.15 | 59.64 | 60.72 | 31.9M |
| General Electric | GE | 32.61 | 32.61 | 32.20 | 32.25 | 29.4M |
| ExxonMobil | XOM | 64.57 | 64.78 | 63.91 | 63.93 | 27.6M |
| Alphabet | GOOGL | 386.14 | 391.75 | 377.69 | 390.11 | 23.5M |
| HP Inc. | HPQ | 31.03 | 31.10 | 29.98 | 30.52 | 22.8M |
| Amgen | AMGN | 65.79 | 67.25 | 65.42 | 66.15 | 21.1M |
| Schlumberger | SLB | 63.16 | 63.25 | 60.12 | 61.45 | 19.9M |
| JPMorgan Chase | JPM | 43.17 | 43.47 | 42.79 | 43.15 | 15.2M |
| Home Depot | HD | 34.06 | 34.06 | 33.42 | 33.85 | 14.1M |
| Abbott Laboratories | ABT | 46.35 | 46.99 | 45.98 | 46.84 | 13.6M |
| Wal-Mart Stores | WMT | 44.51 | 44.51 | 43.56 | 43.72 | 13M |
| AT&T Inc. | T | 27.37 | 27.62 | 27.31 | 27.34 | 11.8M |
| ConocoPhillips | COP | 65.04 | 65.05 | 63.45 | 63.63 | 11.6M |
| Walt Disney & Co. | DIS | 28.91 | 28.99 | 28.43 | 28.47 | 11M |
| Altria | MO | 79.25 | 79.74 | 78.76 | 79.67 | 10.7M |
| Verizon Communications | VZ | 32.37 | 32.37 | 31.74 | 31.87 | 10.7M |
| Chevron | CVX | 65.78 | 65.78 | 64.41 | 64.45 | 10.1M |
| Merck | MRK | 37.39 | 37.57 | 37.19 | 37.36 | 9.23M |
| Coca-Cola | KO | 44.32 | 44.32 | 43.77 | 43.90 | 9.2M |
| Wells Fargo & Co. | WFC | 70.50 | 71.65 | 70.50 | 71.19 | 9.2M |
| Comcast | CMCSA | 32.42 | 32.78 | 32.17 | 32.20 | 8.78M |
| Johnson & Johnson | JNJ | 61.67 | 61.99 | 61.57 | 61.73 | 8.65M |
| International Business Machines | IBM | 75.49 | 75.50 | 74.50 | 74.86 | 8.37M |
| Procter & Gamble | PG | 56.85 | 56.98 | 55.92 | 56.07 | 8.01M |
| UnitedHealth Group | UNH | 50.40 | 50.40 | 49.35 | 50.00 | 7.79M |
| Amazon | AMZN | 33.85 | 33.97 | 32.92 | 33.19 | 7.14M |
| Gilead Sciences | GILD | 58.17 | 60.25 | 58.02 | 59.71 | 6.77M |
| McDonald's | MCD | 34.72 | 34.75 | 34.45 | 34.70 | 5.7M |
| Bristol-Myers Squibb | BMY | 25.72 | 25.79 | 25.31 | 25.51 | 5.69M |
| United Technologies | UTX | 60.30 | 60.31 | 59.18 | 59.96 | 5.62M |
| 3M | MMM | 71.25 | 71.72 | 69.92 | 70.72 | 5.62M |
| Pepsico | PEP | 62.54 | 63.04 | 62.31 | 62.76 | 4.32M |
| Boeing | BA | 80.69 | 80.69 | 78.56 | 79.08 | 4.03M |
| Union Pacific | UNP | 83.99 | 84.13 | 81.80 | 83.04 | 2.89M |
| Berkshire Hathaway | BRK.B | 3020.00 | 3022.00 | 2982.00 | 3006.50 | 16.5K |
Exchange Rates of July 21, 2006
| Currencies | Exchange Rates | ||
| US Dollar | Japanese Yen | 1 USD = 116.180 JPY | 1 JPY = 0.009 USD |
| US Dollar | Canadian Dollar | 1 USD = 1.138 CAD | 1 CAD = 0.879 USD |
| US Dollar | Swiss Franc | 1 USD = 1.236 CHF | 1 CHF = 0.809 USD |
| US Dollar | Chinese Yuan | 1 USD = 7.980 CNY | 1 CNY = 0.125 USD |
| Euro | Japanese Yen | 1 EUR = 147.490 JPY | 1 JPY = 0.007 EUR |
| Euro | Pound Sterling | 1 EUR = 0.683 GBP | 1 GBP = 1.464 EUR |
| Euro | Australian Dollar | 1 EUR = 1.687 AUD | 1 AUD = 0.593 EUR |
| Euro | Canadian Dollar | 1 EUR = 1.445 CAD | 1 CAD = 0.692 EUR |
| Euro | Swiss Franc | 1 EUR = 1.570 CHF | 1 CHF = 0.637 EUR |
| Japanese Yen | Pound Sterling | 1 JPY = 0.463 GBP | 1 GBP = 2.160 JPY |
| Japanese Yen | Australian Dollar | 1 JPY = 1.144 AUD | 1 AUD = 0.874 JPY |
| Japanese Yen | Canadian Dollar | 1 JPY = 0.979 CAD | 1 CAD = 1.021 JPY |
| Japanese Yen | Swiss Franc | 1 JPY = 1.064 CHF | 1 CHF = 0.940 JPY |
| Pound Sterling | Australian Dollar | 1 GBP = 2.470 AUD | 1 AUD = 0.405 GBP |
| Pound Sterling | Canadian Dollar | 1 GBP = 2.116 CAD | 1 CAD = 0.473 GBP |
| Pound Sterling | Swiss Franc | 1 GBP = 2.298 CHF | 1 CHF = 0.435 GBP |
| Australian Dollar | Canadian Dollar | 1 AUD = 0.856 CAD | 1 CAD = 1.168 AUD |
| Australian Dollar | Swiss Franc | 1 AUD = 0.930 CHF | 1 CHF = 1.076 AUD |
| Canadian Dollar | Swiss Franc | 1 CAD = 1.087 CHF | 1 CHF = 0.920 CAD |
See what else happened on July 21, 2006